Mr. Cooper Group Inc. (COOP)

NASDAQ: COOP · IEX Real-Time Price · USD
53.27
+0.40 (0.76%)
At close: Sep 22, 2023, 4:00 PM
53.74
+0.47 (0.88%)
After-hours: Sep 22, 2023, 6:31 PM EDT
0.76%
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]

Sector Financials
CEO Jesse K. Bray
Employees 6,600
Stock Exchange NASDAQ
Ticker Symbol COOP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$62.33
(17.01% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

23 days ago - Business Wire

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...

Other symbols: UWMCWD
4 weeks ago - MarketBeat

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...

5 weeks ago - CNBC Television

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - CNBC Television

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...

4 months ago - PRNewsWire

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...

4 months ago - Business Wire

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...

5 months ago - PRNewsWire

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 ...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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 ...

8 months ago - Business Wire

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...

8 months ago - Business Wire

Mr. Cooper Group Reports Third Quarter 2022 Results

DALLAS--(BUSINESS WIRE)--Mr.

11 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire