Mr. Cooper Group Inc. (COOP)

NASDAQ: COOP · IEX Real-Time Price · USD
40.50
+0.52 (1.30%)
Sep 30, 2022 4:00 PM EDT - Market closed
1.30%
Market Cap 2.90B
Revenue (ttm) 3.14B
Net Income (ttm) 1.24B
Shares Out 71.65M
EPS (ttm) 15.78
PE Ratio 2.57
Forward PE 6.05
Dividend n/a
Ex-Dividend Date n/a
Volume 409,862
Open 40.03
Previous Close 39.98
Day's Range 39.85 - 41.34
52-Week Range 35.81 - 52.34
Beta 1.50
Analysts Buy
Price Target 57.27 (+41.4%)
Earnings Date Oct 26, 2022

About COOP

Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in 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 mor... [Read more...]

Industry Thrifts & Mortgage Finance
CEO Jay Bray
Employees 8,200
Stock Exchange NASDAQ
Ticker Symbol COOP
Full Company Profile

Financial Performance

In 2021, COOP's revenue was $3.32 billion, an increase of 23.39% compared to the previous year's $2.69 billion. Earnings were $1.45 billion, an increase of 376.72%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for COOP stock is "Buy." The 12-month stock price forecast is 57.27, which is an increase of 41.41% from the latest price.

Price Target
$57.27
(41.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mr. Cooper Group is Named one of the Best Workplaces in Financial Services & Insurance by Great Place to Work® and Fo...

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 in ...

3 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, Chris Marshall, Vice Chairman and President, and Jaime Gow, Executive V...

1 month ago - Business Wire

Is Mr. Cooper Group (COOP) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

Why Shares of Mr. Cooper Group Are Rising Today

The company reported earnings for the second quarter of the year this morning.

2 months ago - The Motley Fool

Mr Cooper (COOP) Tops Q2 Earnings and Revenue Estimates

Mr Cooper (COOP) delivered earnings and revenue surprises of 750% and 37.80%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

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 or ...

2 months ago - Business Wire

Mr. Cooper Group Inc. to Discuss Second Quarter 2022 Financial Results on July 27, 2022

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2022 on Wednesday, July 27, 2022 at 10:00 A.M. Eastern Time. A copy of the press r...

2 months ago - Business Wire

Wells' Don Fandetti on how Fed tightening could affect mortgage lending

Don Fandetti, Wells Fargo, joins 'The Exchange' to discuss Wells upgrading Rocket Companies to overweight and the impact on mortgage lending from Fed tightening.

Other symbols: CFGFISVFNFRKT
2 months ago - CNBC Television

6 Stocks Hedge Funds Love in a Recession

6 stocks hedge funds love in a recession, including the top 3 holdings from Michael Burry and Leon Cooperman. The post 6 Stocks Hedge Funds Love in a Recession appeared first on InvestorPlace.

Other symbols: APOBKNGBMYWBDGOOGGOOGL
2 months ago - InvestorPlace

Worried about the Fed's Interest Rate Hikes? Buying These 3 Top Stocks Could Help

You don't have to fight the Fed, but some stocks can help you sidestep the impact of its rate hikes.

Other symbols: CMEO
3 months ago - The Motley Fool

Mr. Cooper Group is Named one of the Best Workplaces in Texas™ in 2022 by Great Place to Work® and Fortune Magazine

DALLAS--(BUSINESS WIRE)--Great Place to Work and Fortune magazine have honored Mr. Cooper Group as one of this year's Best Workplaces in Texas. This year's Best Workplaces in Texas award is based on emp...

3 months ago - Business Wire

Gina Sanchez: ‘Mr Cooper is natural hedge against interest rate rise'

Mortgage stocks are not a common pick for investors in the rising rate environment. Still, Lido Advisors' Gina Sanchez says Mr Cooper Group Inc (NASDAQ: COOP) is an exception here.

3 months ago - Invezz

Watch CNBC's 3 buys and a bail with Lido Advisors' Gina Sanchez

Gina Sanchez, Lido Advisors chief market strategist, joins ‘The Exchange' to discuss her investment picks including Berkshire Hathaway, Mr. Cooper Group and Merck and her bail on AT&T.

Other symbols: MRK
3 months ago - CNBC Television

Here's Why Mr. Cooper Has Outperformed Its Peers This Year

Rising rates don't have to be bad news for mortgage originators.

4 months ago - The Motley Fool

Mr Cooper (COOP) Q1 Earnings and Revenues Beat Estimates

Mr Cooper (COOP) delivered earnings and revenue surprises of 25% and 88.87%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Mr. Cooper Group Reports First 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 first quarter net income of $658 million or $...

5 months ago - Business Wire

Analysts Estimate Mr Cooper (COOP) to Report a Decline in Earnings: What to Look Out for

Mr Cooper (COOP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Mr. Cooper Group Announces Executive Promotions

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Jaime Gow as Executive Vice President and Chief Financial Officer. Gow succeeds Chris Marshall, who has s...

5 months ago - Business Wire

Mr. Cooper Group Inc. to Discuss First Quarter 2022 Financial Results on April 28, 2022

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the first quarter 2022 on Thursday, April 28, 2022 at 4:30 P.M. Eastern Time. A copy of the press rel...

5 months ago - Business Wire

Mr. Cooper Completes Agreement with Sagent to Create the Mortgage Industry's First Cloud-Native Servicing Platform

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (“Mr. Cooper”) announced today that it has completed its previously-announced agreement with Sagent M&C, LLC, d/b/a Sagent Lending Technologies (“Sagent”)....

6 months ago - Business Wire

Leon Cooperman Refinances Top Holding Mr. Cooper Group

Omega Advisors leader Leon Cooperman (Trades, Portfolio) disclosed earlier this week he curbed his stake in Mr. Cooper Group Inc. ( COOP , Financial) by 23.42%.

6 months ago - GuruFocus

This Nasdaq Value Stock Is a Bargain Hiding in Plain Sight

You might not have heard of this stock, but its returns should get your attention.

7 months ago - The Motley Fool

7 Value Stocks Primed to Take Off in a Rising Rate Environment

These seven top value stocks could outperform in the coming years, especially against the backdrop of multiple federal interest hikes. The post 7 Value Stocks Primed to Take Off in a Rising Rate Environ...

Other symbols: ANDECVXHPQMRKNAVISB
7 months ago - InvestorPlace

Mr. Cooper Group CEO says he sees 15% growth in its portfolio

Jay Bray, chairman and CEO of Mr. Cooper Group, joins 'The Exchange' with the company's latest earnings report.

7 months ago - CNBC Television

Why Shares of Mr. Cooper Group Rose Today

The company reported its latest earnings results and a new strategic partnership.

7 months ago - The Motley Fool