Mr. Cooper Group Inc. (COOP)

NASDAQ: COOP · Real-Time Price · USD
98.34
+1.25 (1.29%)
Nov 21, 2024, 10:43 AM EST - Market open
1.29%
Market Cap 6.29B
Revenue (ttm) 1.98B
Net Income (ttm) 511.00M
Shares Out 63.98M
EPS (ttm) 7.72
PE Ratio 12.73
Forward PE 7.79
Dividend n/a
Ex-Dividend Date n/a
Volume 33,435
Open 97.59
Previous Close 97.09
Day's Range 97.59 - 98.88
52-Week Range 59.03 - 103.05
Beta 1.41
Analysts Buy
Price Target 95.67 (-2.72%)
Earnings Date Oct 23, 2024

About COOP

Mr. Cooper Group Inc., together with its subsidiaries, operates as a non-bank servicer of residential mortgage loans in the United States. The company operates through Servicing and Originations segments. The Servicing segment performs activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, customer service, modifying loans, performing collections, foreclosures, and the sale of real estate owned. The Originations segment ori... [Read more]

Sector Financials
Founded 2015
Employees 6,800
Stock Exchange NASDAQ
Ticker Symbol COOP
Full Company Profile

Financial Performance

In 2023, Mr. Cooper Group's revenue was $1.79 billion, a decrease of -27.19% compared to the previous year's $2.46 billion. Earnings were $500.00 million, a decrease of -45.83%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for COOP stock is "Buy." The 12-month stock price forecast is $95.67, which is a decrease of -2.72% from the latest price.

Price Target
$95.67
(-2.72% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Mr. Cooper Completes Acquisition of Flagstar's Mortgage Operations

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (“Mr. Cooper”) announced today that it has closed the previously announced acquisition of Flagstar Bank N.A. (“Flagstar”)'s mortgage operations. The tran...

19 days ago - Business Wire

Mr. Cooper Group Inc. (COOP) Q3 2024 Earnings Call Transcript

Mr. Cooper Group Inc. (NASDAQ:COOP) Q3 2024 Earnings Call October 23, 2024 10:00 AM ET Company Participants Ken Posner - Investor Relations Jay Bray - Chairman and Chief Executive Officer Mike Weinba...

4 weeks ago - Seeking Alpha

Mr. Cooper Group Reports Third Quarter 2024 Results

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported third quarter income before income tax expense of $112 million and net income of $80 million. Excluding other ma...

4 weeks ago - Business Wire

10 small-cap stocks selected by digging deep for quality

David Trainer explains how New Constructs incorporates decades of information buried in companies' financial statement notes, for “better” calculations of returns on invested capital

5 weeks ago - Market Watch

Mr. Cooper Group Announces Senior Leadership Updates to Drive Digital-First Strategy and AI-Powered Home Loan Experience

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today several senior leadership updates as the company continues to focus on innovation with investments in new technologies and...

6 weeks ago - Business Wire

Mr. Cooper Group Inc. to Discuss Third Quarter 2024 Financial Results on October 23, 2024

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2024 on October 23, 2024 at 10:00 A.M. Eastern Time. A copy of the press release ...

6 weeks ago - Business Wire

Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today that Jay Bray, Chairman and Chief Executive Officer, Mike Weinbach, President, and Kurt Johnson, Executive Vice President ...

2 months ago - Business Wire

Housing market 'will see a lot of refinancing' as mortgage rates drop, says Mr. Cooper Group CEO

Jay Bray, Mr. Cooper Group chairman and CEO, joins 'The Exchange' to discuss the recent drop in mortgage rates and what this means for homeowners, the economy, and more.

3 months ago - CNBC Television

Mr. Cooper Group Inc. Announces Pricing of Offering of $750 Million of Senior Notes

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (...

4 months ago - Business Wire

Mr. Cooper Group Inc. (COOP) Q2 2024 Earnings Call Transcript

Mr. Cooper Group Inc. (NASDAQ:COOP) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Ken Posner - Senior Vice President, Strategic Planning & Investor Relations Jay Bra...

4 months ago - Seeking Alpha

FLAGSTAR BANK, N.A. ANNOUNCES SALE OF ITS MORTGAGE SERVICING BUSINESS

TRANSACTION ADDS 60 BASIS POINTS TO CET1 RATIO AND ACCELERATES TRANSITION TO A LEADING DIVERSIFIED, FULL-SERVICE REGIONAL BANK HICKSVILLE, N.Y. , July 25, 2024 /PRNewswire/ -- Flagstar Bank, N.A.

4 months ago - PRNewsWire

Mr. Cooper Group Reports Second Quarter 2024 Results and Announces Acquisition of Mortgage Operations From Flagstar

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported second quarter income before income tax expense of $277 million and net income of $204 million. Excluding other ...

4 months ago - Business Wire

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The small-cap rally saw shares of some companies rise more than fundamentals suggest they should have.

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4 months ago - Barrons

Jaime Gow Joins Sagent As CFO After Helping Mr. Cooper Become Largest U.S. Mortgage Servicer

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Sagent, a fintech company modernizing mortgage and consumer loan servicing for America's top banks and lenders, today appointed bank and nonbank finance executiv...

4 months ago - Business Wire

Mr. Cooper Group Inc. to Discuss Second Quarter 2024 Financial Results on July 25, 2024

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2024 on July 25, 2024 at 10:00 A.M. Eastern Time. A copy of the press release an...

4 months ago - Business Wire

Xome Democratizes Real Estate with Launch of DIY Sales Platform, No Agent Required

LEWISVILLE, Texas--(BUSINESS WIRE)--Xome®, a leading online real estate marketplace, today announced its DIY sales platform, which allows investors full transparency and control from their property li...

6 months ago - Business Wire

Mr. Cooper Group Inc. (COOP) Q1 2024 Earnings Call Transcript

Mr. Cooper Group Inc. (NASDAQ:COOP) Q1 2024 Earnings Conference Call April 24, 2024 10:00 AM ET Company Participants Ken Posner - SVP of Strategic Planning and IR Jay Bray - Chairman & CEO Mike Weinb...

7 months ago - Seeking Alpha

Mr. Cooper Group Reports First Quarter 2024 Results

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported first quarter income before income tax expense of $232 and net income of $181 million. Excluding other mark-to-m...

7 months ago - Business Wire

Mr. Cooper Group Announces Two New Senior Leaders

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of two new senior leaders. Ranjit Bhattacharjee will join the executive leadership team on May 6, 2024, as...

7 months ago - Business Wire

Mr. Cooper Group Inc. to Discuss First Quarter 2024 Financial Results on April 24, 2024

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2024 on April 24, 2024 at 10:00 A.M. Eastern Time. A copy of the press release an...

8 months ago - Business Wire

Mr. Cooper: Potential $1 Trillion Loan Portfolio At 10x Earnings

Mr. Cooper Group Inc. could soon reach a portfolio of $1 trillion, which may attract new investors and lead to a stock price increase. The company's business model has shown consistent growth and offe...

9 months ago - Seeking Alpha

Mr. Cooper Group Inc. (COOP) Q4 2023 Earnings Call Transcript

Mr. Cooper Group Inc. (COOP) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Mr. Cooper Group Reports Fourth Quarter 2023 Results

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported fourth quarter income before income tax expense of $69 and net income of $46 million. Excluding other mark-to-ma...

10 months ago - Business Wire

Mr. Cooper Group Inc. Announces Pricing of Offering of $1 Billion of Senior Notes

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (...

10 months ago - Business Wire

Mr. Cooper Group Inc. to Discuss Fourth Quarter 2023 Financial Results on February 9, 2024

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the fourth quarter 2023 on February 9, 2024 at 10:00 A.M. Eastern Time. A copy of the press release...

11 months ago - Business Wire