Mr. Cooper Group Inc. (COOP)
Market Cap | 5.39B |
Revenue (ttm) | 2.03B |
Net Income (ttm) | 644.00M |
Shares Out | 64.72M |
EPS (ttm) | 9.58 |
PE Ratio | 8.70 |
Forward PE | 8.28 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 516,988 |
Open | 81.56 |
Previous Close | 80.93 |
Day's Range | 81.56 - 84.50 |
52-Week Range | 47.81 - 85.17 |
Beta | 1.38 |
Analysts | Buy |
Price Target | 84.11 (+0.91%) |
Earnings Date | Jul 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]
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 StatementsAnalyst 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 0.91% from the latest price.
News
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...
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...
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...
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...
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...
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 (...
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...
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...
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.
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.
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.
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...
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 ...
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...
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...