Mr. CooperCOOP
About: Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has operating segments namely Servicing segment which performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, and customer service, The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers, and the Corporate segment. The Servicing segment of the company generates maximum revenue.
Employees: 6,800
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
30% more call options, than puts
Call options by funds: $79.8M | Put options by funds: $61.5M
9% more capital invested
Capital invested by funds: $4.77B [Q2] → $5.2B (+$425M) [Q3]
1% more funds holding
Funds holding: 336 [Q2] → 340 (+4) [Q3]
9% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 45
0% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 6 (+0) [Q3]
3.74% less ownership
Funds ownership: 91.18% [Q2] → 87.44% (-3.74%) [Q3]
19% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 130
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Compass Point Giuliano Bologna 80% 1-year accuracy 8 / 10 met price target | 16%upside $110 | Buy Maintained | 24 Oct 2024 |
Wedbush Jay McCanless 75% 1-year accuracy 52 / 69 met price target | 22%upside $115 | Outperform Reiterated | 24 Oct 2024 |
Barclays Mark Devries 94% 1-year accuracy 29 / 31 met price target | 14%upside $108 | Overweight Maintained | 8 Oct 2024 |
Financial journalist opinion
Based on 3 articles about COOP published over the past 30 days