COOP - Mr. Cooper Group Inc.
| Previous Close | 9.01 |
| Open | 8.86 |
| Bid | 9.01 x 1000 |
| Ask | 9.02 x 800 |
| Day's Range | 8.84 - 9.03 |
| 52 Week Range | 8.05 - 120.00 |
| Volume | 109,633 |
| Avg. Volume | 987,875 |
| Market Cap | 817.611M |
| Beta (3Y Monthly) | 0.76 |
| PE Ratio (TTM) | 0.52 |
| EPS (TTM) | 17.43 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 13.92 |
- GuruFocus.com•7 days ago
Mr. Cooper Group Inc (COOP) PRESIDENT & CEO Jesse K Bray Bought $495,238 of Shares
PRESIDENT & CEO of Mr. Cooper Group Inc (NASDAQ:COOP) Jesse K Bray bought 52,910 shares of COOP on 05/09/2019 at an average price of $9.36 a share.
- Insider Monkey•17 days ago
Is Mr. Cooper Group Inc. (COOP) A Good Stock To Buy?
The market has been volatile in the fourth quarter as the Federal Reserve continued its rate hikes to normalize the interest rates. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by nearly 7 percentage points. SEC filings and hedge […]
Motley Fool•19 days ago(COOP) Q1 2019 Earnings Call Transcript
COOP earnings call for the period ending March 31, 2019.
- Associated Press•19 days ago
Mr Cooper: 1Q Earnings Snapshot
On a per-share basis, the Coppell, Texas-based company said it had a loss of $2.05. Earnings, adjusted for non-recurring costs, were 50 cents per share. The reinsurance company posted revenue of $250 million ...
- Business Wire•19 days ago
Mr. Cooper Group Reports First Quarter 2019 Financial Results
DALLAS-- -- Reported EPS of $ per share driven by $ million mark-to-market Grew servicing portfolio to $632 billion, up 15% quarter-over-quarter Boarded 444,000 new customers or 13% of the servicing portfolio in 35 days Originations pretax income increased quarter-over-quarter from $11 million to $45 million Pacific Union and Assurant Mortgage Solutions integrations on track Mr. Cooper Group Inc. , ...
- Business Wire•last month
Mr. Cooper Group Inc. to Discuss First Quarter 2019 Financial Results on May 1, 2019
Mr. Cooper Group Inc. will discuss its financial results for the first quarter 2019 on Wednesday, May 1, 2019 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr.
- Zacks•2 months ago
Why Mr. Cooper Group (COOP) Could Be Positioned for a Slump
Mr. Cooper Group (COOP) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
- Motley Fool•2 months ago
Why Shares of Mr. Cooper Group Dropped 10% on Wednesday
An analyst predicts a "painful near-term reality" for shareholders.
- InvestorPlace•2 months ago
Mr. Cooper News: COOP Stock Hit by Downgrade
Mr. Cooper news about a recent downgrade for the company is hitting COOP stock hard on Wednesday.Source: Shutterstock The downgrade news for Mr. Cooper (NASDAQ:COOP) stock comes from analysts at Piper Jaffray. This downgrade has the analysts dropping the stock from a "Neutral" rating to a new "Underweight" rating.The Mr. Cooper news about the downgrade to its stock has COOP stock dropping around 7% as of Wednesday afternoon. The company's stock is only up 1% since the start of the year. It did see a steady increase during this period that had it up 27% in early February. However, a steady decline followed that dropped down to a closing price of $12.27 on Tuesday.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMr. Cooper is a company that provides home loans. This includes loans for those looking to purchase a home, as well as those looking to take out a mortgage or refinance an existing loan. The company was previously known as Nationstar Mortgage and its headquarters is located in Dallas, Texas.Mr. Cooper last reported earnings on March 7, 2019. The company reported losses per share of $1.50 on revenue of $252 million during this period. Net loss reported by the company during the quarter was $136 million. * 5 Cloud Stocks to Help Your Portfolio Fly "The Company is coming off a period of strong growth and a very high level of activity in 2018, including the WMIH merger, the name change to Mr. Cooper Group, and three acquisitions,"Mr. Cooper Chairman and CEO Jay Bray said in at the time. "Now it's time for us to integrate these transactions and focus on profitability." More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Mr. Cooper News: COOP Stock Hit by Downgrade appeared first on InvestorPlace.
- Business Wire•2 months ago
Mr. Cooper Group Reports Fourth Quarter and Full Year 2018 Financial Results
DALLAS-- -- Reported full-year combined net income of $1,038 million and fourth quarter GAAP net loss of $ million or $ per share Grew servicing portfolio to $548 billion, up 7% quarter-over-quarter and 8% year-over-year Reported servicing margin of basis points including mark-to-market or servicing margin of 6.7 bps excluding mark-to-market Grew origination fundings 5% quarter-over-quarter to $5.4 ...
- Business Wire•3 months ago
Mr. Cooper Group Announces Election of Busy Burr to Board of Directors
Mr. Cooper Group Inc. (COOP) today announced the appointment of Busy Burr to its board of directors. Burr previously served as Chief Innovation Officer and VP of Healthcare Trend at Humana. With more than 10 years of C‐level executive experience, Burr has worked at some of the world’s largest financial and consumer corporations including as Managing Director of Citi Ventures and Global Head of Business Incubation at Citigroup, CMO and Global Head of Communications for the Global Technology Group at Credit Suisse First Boston and as an Entrepreneur‐in‐Residence at eBay.
- Business Wire•3 months ago
Mr. Cooper Group Inc. to Discuss Fourth Quarter and Full Year 2018 Financial Results on March 7, 2019
Mr. Cooper Group Inc. will discuss its financial results for the fourth quarter and full year 2018 on Thursday, March 7, 2019 at 9:00 A.M. Eastern Time. A copy of the press release and investor presentation will be posted prior to the call under the investors section on Mr.
- Business Wire•3 months ago
Mr. Cooper Group Names New Chief People & Communications Officer
Mr. Cooper Group Inc. (COOP) today announced the appointment of Kelly Ann Doherty as Executive Vice President and Chief People & Communications Officer, a newly created position for the company. In her new role, Doherty will lead human resources and corporate communications. “Kelly Ann is well-known across our organization as an advocate for our team members and our values, and in her new position, she will be integral in our efforts to further enhance our people-first culture,” said Jay Bray, Chairman and CEO of Mr. Cooper Group Inc. “Along with her team, Kelly Ann has been essential in changing the way we communicate with those outside of Mr. Cooper and providing better tools and more opportunities to interact with our team members.
- IPO Edge•4 months ago
Going Public with a Tax Twist: Can Investors Take a Page from KKR’s Playbook?
Shell Company Myrexis Has $100 Million in Net Operating Losses That a Profitable Business May Use Market turmoil and the government shutdown were just the latest reasons for the fickle IPO market to freeze. That may prompt bankers to get more creative with ways to bring companies public. Consider the case of Mr. Cooper Group, […]
- American City Business Journals•4 months ago
IBM cuts 310 jobs in Durham after sale
Big Blue is cutting more than 300 jobs in Durham, news disclosed just days after the announced sale of its Seterus mortgage serving platform.
- Business Wire•4 months ago
Mr. Cooper Group Names New Head of Investor Relations
Mr. Cooper Group Inc. announced today the appointment of Kenneth Posner as senior vice president, strategic planning and investor relations. Posner served most recently as chief of strategic planning and investor relations at Capital Bank Financial Corp.
- InvestorPlace•4 months ago
9 A-Rated Safety Stocks for a Grossly Oversold Market
Yes, the markets are getting hammered like it's 2008. But this isn't because the world is coming to an end, or that the global economic system is about to fail. This is about transition and risk. The markets are undergoing a significant amount of transition as most central banks are relinquishing control over monetary policy and letting the markets sort it out. Add to that issue the fact that the Brexit mess is affecting one of the major global currencies. InvestorPlace - Stock Market News, Stock Advice & Trading Tips There's the fact that the U.S. economy continues to show signs of recovery -- job growth is very strong, the participation rate is rising and wages are also increasing. Yet rising interest rates, the trade wars with Europe and China make that footing weaker. For every bit a good news, there's the shadow of bad news and the markets have never been a fan of uncertainty. * 10 Oversold Stocks Due for a Bounce That's why now is a great time to check out these nine A-rated safety stocks for a grossly oversold market. They're highly rated in my Portfolio Grader, and with patience as the watchword now, these great stocks are selling at great prices. ### Mr Cooper Group (COOP) Source: Shutterstock Mr Cooper Group (NASDAQ:COOP) may not be a household name -- unless, of course you use it to start your household. It basically acquires companies that are focused on servicing, origination and transaction-based services for single family homes in the U.S. Its two biggest brands are Mr Cooper and Xome. It's the leading non-bank mortgage servicer in the U.S. This is one market that has been on both sides of the interest-rate roller coaster. When rates were high, home sales slowed, but when rates started to fall because of fears about the economy, that helped boost home sales and refinancings. Its recent purchase of IBM's (NYSE:IBM) Seterus mortgage servicing platform adds $24 billion of mortgages and 300,000 new customers to it rolls. It's COOP's second major purchase in 3 months. Once this bumpy ride smooths, COOP will be well positioned. ### Popular (BPOP) Source: Shutterstock Popular (NASDAQ:BPOP) is a holding company that operates financial institutions in the U.S., U.S. Virgin Islands and Puerto Rico. Its parent is Banco Popular de Puerto Rico, which was established in 1893. Popular opened in the Bronx over 50 years ago and now has U.S. branches in New York, New Jersey and South Florida. Given the amount of Puerto Ricans that call the U.S. home, as well as other Latinos that are drawn by the bank's roots in the Hispanic culture, BPOP offers a unique opportunity to take advantage of the demographic growth in this sector of the economy with an experienced, successful company. * 10 Top Stock Picks From the Street's Best Analysts Up 37% in the past year, and still delivering a 2.1% dividend yield, BPOP is doing very well in all this turmoil. ### Medical Properties Trust (MPW) Source: Shutterstock Medical Properties Trust (NYSE:MPW) is the only medical real estate investment trust (REIT) that focuses solely on acute care facilities and hospitals where patients must be admitted by doctors. Its goal is to blend the best of quality healthcare delivery and cost-effective management by maximizing operations management. MPW started in 2003 and now sports a nearly $6 billion market cap. What's more, it was up 17% in the past year, and that doesn't include its generous 6.2% dividend. It has recently moved into Europe with a big, multi-billion-dollar deal with a healthcare firm in Germany. ### Qualys (QLYS) Source: Shutterstock Qualys (NASDAQ:QLYS) has done well in the past year, given the fact that it's a tech stock. But most of the credit goes to the fact that it's a tech stock in the cybersecurity sector, and while that sector may have gotten a bit overpriced, it's still something that is always in demand. QLYS focuses on cloud security, which is one of the most in-demand aspects of cybersecurity since the growth in mobility and bandwidth demand have increased substantially. And the introduction of a new generation of data delivery -- 5G -- will make security even more important. * 7 Stocks to Sell In January Also, with a market cap around $2.7 billion, QLYS is a tempting morsel for larger tech firms looking to expand their game in this space without having to build out from scratch. ### Axon Enterprise (AAXN) Source: Shutterstock Axon Enterprise (NASDAQ:AAXN) is the new name for the TASER company, the folks that brought us the stun gun. If you recall, a few years back there was an alarming number of fatalities linked to use of TASERs by law enforcement and others. Whether it was due to lack of training or abuse, the stain was largely put on the company. But the name change as well as the company's diversification into body-worn cameras for law enforcement has built a new line of products that have helped it diversify and regain its reputation as a reliable, non-lethal protection tool for professionals and citizens. AAXN is up 71% in the past year and there is every reason to believe that kind of growth is achievable moving forward. ### DSW (DSW) Source: Shutterstock DSW (NYSE:DSW), a big-box discount shoe retailer with more than 500 stores in the U.S., had great Q3 earnings and also raised its guidance for Q4. That happened at the beginning of December. This is one of those brands that actually became stronger during the recession because that lost decade brought people in who weren't regular customers previously. There are two types of regular shoppers -- the ones who go in like it's a treasure hunt, looking for bargains on great shoes and the ones that like the fact that there's a huge selection to choose from. During slow economic times, everyone is looking for a deal and DSW is one of the beneficiaries. But now as times improve, it has added to its regular shoppers and instead of returning to premium stores, many shoppers choose to stick with DSW. * 10 Hot Companies Going Public in 2019 It's why the stock is up 20% in the past year and still delivers a 3% dividend. ### Evertec (EVTC) Source: 401(K) 2012 via Flickr (Modified) Evertec (NYSE:EVTC) is the leading payment processing company in Latin America. It operates in 26 Latin American companies, including Mexico and the Caribbean. Financial technology, or "fintech" is a huge force in the way financial institutions are transitioning from the old style of banking, to the new digital style. And this affects every aspect of the business, especially between the financial institutions and the businesses that they support. And these digital standards are especially important in emerging markets, where a traditional financial infrastructure can be tough to come by. EVTC is up over 100% in the past year and is still only trading at a P/E of 29. There is plenty of growth left in the tank. ### Brinker International (EAT) Source: Mike Mozart via Flickr Brinker International (NYSE:EAT) owns the Chili's Grill and Bar and Maggiano's Little Italy chains. Most of the restaurants are company owned, although Chili's does franchise some of its properties. There has been a shift in tastes among customers and these large restaurant chains have begun appealing to new generations of potential diners. Healthier meals, different pricing structures, etc all have been implemented to keep the new breed of diners happy. * 10 Stocks That Won Big in 2018 Some have had a tough time transitioning, but EAT has not been one of them. Up 15% in the last year, it also delivers a respectable 3.3% dividend. ### Aerojet Rocketdyne Holdings (AJRD) Source: Steve Jurvetson via Flickr (Modified) Aerojet Rocketdyne Holdings (NYSE:AJRD) is a second-tier aerospace and defense contractor. Basically, that means it usually is a subcontractor to the big defense names when it comes to building rockets, propulsion and guidance systems. It also has a long relationship with NASA and other aerospace organizations. While there is a lot of talk about private aerospace firms entering into the market, the fact is, there is huge potential for the best companies. And given the amount of aerospace work that lies ahead, AJRD will be a major player. With talk of near-space commercial travel as well as missions to Mars, AJRD will have plenty of work. And the fact that it has been around in various iterations since 1914 shows that it knows how to adapt and thrive. Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Downtrodden Stocks to Fish From the Bottom * 8 Cheap Value Stocks That Just Got More Enticing * 5 Apple Suppliers Hurt by the Guidance Cut Compare Brokers The post 9 A-Rated Safety Stocks for a Grossly Oversold Market appeared first on InvestorPlace.
- American City Business Journals•4 months ago
Coppell company to buy IBM mortgage servicing platform
Mr. Cooper Group Inc. announced Thursday it has signed definitive agreements to purchase IBM’s (NYSE: IBM) Seretus mortgage platform and other related assets.
- Business Wire•5 months ago
Mr. Cooper Group Announces $48 Billion Servicing Transaction
Mr. Cooper Group Inc. (COOP) announced today the signing of definitive agreements to acquire servicing rights underlying $24 billion in GSE mortgages, enter into a subservicing contract for an additional $24 billion in mortgages, and purchase the Seterus mortgage servicing platform and assume certain assets related thereto from IBM (IBM). “We are excited to welcome more than 300,000 customers and the Seterus team to the Mr. Cooper Group family.
- Business Wire•5 months ago
Mr. Cooper Group Names New Chief Financial Officer
Mr. Cooper Group Inc. today announced the appointment of Christopher Marshall as Vice Chairman, a newly created officer position, effective January 2, 2019 and as Chief Financial Officer, effective immediately following the filing of the company's Annual Report on Form 10-K for fiscal year 2018.
- Business Wire•5 months ago
Mr. Cooper Survey: Holidays Bring Spending Stress to Many Americans
30 percent of Americans wish they could skip the holidays rather than spend money on gifts this year
- American City Business Journals•6 months ago
Dallas mortgage firm to acquire Flower Mound rival
The acquisition comes as mortgage lenders are facing a tight inventory of homes available for sale and rising interest rates that have pinched refinancing.
