Mr. Cooper Group Inc. (COOP)

NASDAQ: COOP · IEX Real-Time Price · USD
78.73
-0.03 (-0.04%)
At close: Apr 26, 2024, 4:00 PM
79.38
+0.65 (0.83%)
After-hours: Apr 26, 2024, 7:31 PM EDT
-0.04%
Market Cap 5.10B
Revenue (ttm) 2.03B
Net Income (ttm) 644.00M
Shares Out 64.72M
EPS (ttm) 9.58
PE Ratio 8.22
Forward PE 8.54
Dividend n/a
Ex-Dividend Date n/a
Volume 361,633
Open 79.00
Previous Close 78.76
Day's Range 78.55 - 79.59
52-Week Range 41.74 - 81.98
Beta 1.42
Analysts Buy
Price Target 84.11 (+6.83%)
Earnings Date Apr 24, 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
CEO Jesse K. Bray
Employees 6,800
Stock Exchange NASDAQ
Ticker Symbol COOP
Full Company Profile

Financial Performance

In 2023, COOP'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 $84.11, which is an increase of 6.83% from the latest price.

Price Target
$84.11
(6.83% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

3 days 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...

4 days 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...

22 days ago - Business Wire

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...

2 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 (...

3 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...

3 months ago - Business Wire

Mr. Cooper Group Appoints Mike Weinbach as President

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Mike Weinbach as President, effective February 1, 2024, with responsibility for leading the Company's o...

3 months ago - Business Wire

Mr. Cooper hackers stole personal data on 14 million customers

Hackers stole the sensitive personal information of more than 14.6 million Mr. Cooper customers, the mortgage and loan giant has confirmed.

4 months ago - TechCrunch

Mortgage and loan giant Mr. Cooper blames cyberattack for ongoing outage

Mortgage and loan giant Mr. Cooper says a “cybersecurity incident” earlier this week was the cause of an ongoing outage, adding that the company is “working to resolve the issue.

6 months ago - TechCrunch

Lower mortgage rates may 'slightly' kickstart U.S. housing market, says Mr. Cooper's Jay Bray

Jay Bray, Mr. Cooper Group CEO, joins 'The Exchange' to discuss the company's third quarter results, its fourth quarter outlook, the state of the housing market and more.

6 months ago - CNBC Television

Mr. Cooper Group Reports Third Quarter 2023 Results

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”) reported third quarter net income of $275 million. Excluding other mark-to-market and certain other items, pretax operatin...

6 months ago - Business Wire

Mr. Cooper Group Inc. to Discuss Third Quarter 2023 Financial Results on October 25, 2023

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2023 on October 25, 2023 at 10:00 A.M. Eastern Time. A copy of the press release ...

7 months 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 Kurt Johnson, Execut...

8 months ago - Business Wire

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...

9 months 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...

9 months 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...

9 months 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...

9 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...

9 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...

10 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.

11 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...

11 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...

11 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...

1 year 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...

1 year 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...

1 year ago - PRNewsWire