Mr. Cooper Group Inc. (COOP)
Market Cap | 3.56B |
Revenue (ttm) | 1.63B |
Net Income (ttm) | 293.00M |
Shares Out | 66.85M |
EPS (ttm) | 4.27 |
PE Ratio | 12.48 |
Forward PE | 7.08 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 504,869 |
Open | 52.82 |
Previous Close | 52.87 |
Day's Range | 52.67 - 53.73 |
52-Week Range | 37.54 - 60.68 |
Beta | 1.58 |
Analysts | Buy |
Price Target | 62.33 (+17.01%) |
Earnings Date | Oct 25, 2023 |
About COOP
Mr. Cooper Group Inc. engages in non-banking services for mortgage loans the United States. The company operates through two segments: Servicing and Originations. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans. The Originations segment originates residential mortgage loans through its direct-to-consumer channel, as well as originates and purchases loans from mortgage bankers. It operates primarily under the Mr. C... [Read more]
Financial Performance
In 2022, COOP's revenue was $2.46 billion, a decrease of -25.74% compared to the previous year's $3.32 billion. Earnings were $923.00 million, a decrease of -34.91%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for COOP stock is "Buy." The 12-month stock price forecast is $62.33, which is an increase of 17.01% from the latest price.
News

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, Chris Marshall, Vice Chairman and President, and Kurt Johnson, Execut...

3 Mortgage Companies To Watch On Rising Home Sales
The housing market in the United States has been calling the shots in a pivotal story; investors are witnessing a bottoming in everything surrounding Real Estate. These trends will challenge the risin...
Mortgage servicing is thriving due to homeowners deciding not to sell, says Mr. Cooper Group CEO
Mr. Cooper Group CEO Jay Bray joins 'The Exchange' to discuss hedging rising rates with investment in mortgage servicing, developing a competitive auction market for real estate, and the home supply i...

Mr. Cooper Completes Acquisition of Roosevelt Management Company and Affiliated Companies
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (“Mr. Cooper”) announced today that it has completed its acquisition of the investment management firm, Roosevelt Management Company, LLC (“Roosevelt”) a...

Mr. Cooper Completes Acquisition of Home Point
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (“Mr. Cooper”) announced today that it has successfully acquired Home Point Capital Inc. (“Home Point”). Mr. Cooper's Chairman and CEO Jay Bray commented...

Mr. Cooper Group Reports Second Quarter 2023 Results
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a second quarter net income of $142 million o...

Mr. Cooper Extends Expiration Date of its Tender Offer to Acquire Home Point Capital
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced today that Heisman Merger Sub, Inc. (“Purchaser”), a wholly owned subsidiary of Mr. Cooper, has extended the expi...

Mr. Cooper Group Inc. to Discuss Second Quarter 2023 Financial Results on July 26, 2023
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2023 on July 26, 2023 at 10:00 A.M. Eastern Time. A copy of the press release an...

Big Thought and Mr. Cooper Co-Pilot Creativity for Families at the Dallas City of Learning Turn Up
DALLAS--(BUSINESS WIRE)--Big Thought and Mr. Cooper Co-Pilot Creativity for families at the Dallas City of Learning Turn Up.

HOME POINT CAPITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Home Point Capital Inc. - HMPT
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Home Point Capit...
Mr. Cooper Group CEO on rising mortgage rates
Mr. Cooper Group CEO Jay Bray joins 'The Exchange' to explain why his company's stock is doing much better this year, which is up by 15% year to date, and his take on rising mortgage rates and the fut...

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Home Point Capital Inc.
NEW YORK , May 11, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Home Point Capital Inc. (NASDAQ: HMPT) and its board of directors concerning the propose...

Mr. Cooper Group to Acquire Home Point Capital for $324 Million in Cash
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (“Mr. Cooper”) and Home Point Capital Inc. (“Home Point”), announced today the signing of a definitive agreement for Mr. Cooper to acquire all outstandin...

Rushmore Reaches Definitive Agreement to Sell Residential Mortgage Servicing Platform to Mr. Cooper Group
Transaction Includes Approximately 250,000 Customers and $37 Billion in Unpaid Principal Balance DALLAS , April 26, 2023 /PRNewswire/ -- Rushmore Loan Management Services LLC ("Rushmore" or the "Compa...

Mr. Cooper Group Reports First Quarter 2023 Results
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a first quarter net income of $37 million or ...

Mr. Cooper Group Inc. to Discuss First Quarter 2023 Financial Results on April 26, 2023
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2023 on April 26, 2023 at 10:00 A.M. Eastern Time. A copy of the press release an...

Mr. Cooper Group Announces Executive Leadership Appointments
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced two executive leadership appointments today – the appointment of Kurt Johnson to Chief Financial Officer and Christine Paxton as...

Mr. Cooper Group Names Chief Legal Officer
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Carlos M. Pelayo as Executive Vice President and Chief Legal Officer. Pelayo will lead the company's le...

Mr. Cooper Group Reports Fourth Quarter 2022 Results
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a fourth quarter net income of $1 million or ...

Mr. Cooper Group Inc. to Discuss Fourth Quarter 2022 Financial Results on February 10, 2023
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the fourth quarter 2022 on Friday, February 10, 2023 at 10:00 A.M. Eastern Time. A copy of the pr...

Mr. Cooper Group Reports Third Quarter 2022 Results
DALLAS--(BUSINESS WIRE)--Mr.

Mr. Cooper Group Inc. to Discuss Third Quarter 2022 Financial Results on October 26, 2022
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2022 on Wednesday, October, 26, 2022 at 10:00 A.M. Eastern Time. A copy of the pr...

Xome Appoints Chief Technology Officer
DALLAS--(BUSINESS WIRE)--Xome® announced today it has appointed James Curl as Senior Vice President and Chief Technology Officer. Curl brings more than 15 years of experience leading technology and in...

Mr. Cooper Group is Named one of the Best Workplaces in Financial Services & Insurance by Great Place to Work® and Fortune
DALLAS--(BUSINESS WIRE)--Great Place to Work® and Fortune have honored Mr. Cooper Group Inc. (NASDAQ: COOP) as one of the 2022 Best Workplaces in Financial Services & Insurance™. The Best Workplaces i...

Mr. Cooper Group Reports Second Quarter 2022 Results
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a second quarter net income of $151 million o...