Currently, there are 63.60M common shares owned by the public and among those 61.74M shares have been available to trade.
The company’s stock has a 5-day price change of 1.42% and 6.58% over the past three months. COOP shares are trading 12.34% year to date (YTD), with the 12-month market performance up to 52.47% higher. It has a 12-month low price of $70.01 and touched a high of $109.38 over the same period. COOP has an average intraday trading volume of 457.14K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.44%, 8.46%, and 18.18% respectively.
Institutional ownership of Mr. Cooper Group Inc (NASDAQ: COOP) shares accounts for 92.34% of the company’s 63.60M shares outstanding.
It has a market capitalization of $6.90B and a beta (3y monthly) value of 1.51. The stock’s trailing 12-month PE ratio is 10.59, while the earnings-per-share (ttm) stands at $10.18. The company has a PEG of 0.53 and the debt-to-equity ratio at 2.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.39% over the week and 2.68% over the month.
Earnings per share for the fiscal year are expected to increase by 29.48%, and 19.33% over the next financial year. EPS should shrink at an annualized rate of 19.88% over the next five years, compared to 28.12% over the past 5-year period.
Looking at the support for the COOP, a number of firms have released research notes about the stock. JMP Securities stated their Mkt Outperform rating for the stock in a research note on January 14, 2025, with the firm’s price target at $115. Keefe Bruyette coverage for the Mr. Cooper Group Inc (COOP) stock in a research note released on July 22, 2024 offered a Mkt Perform rating with a price target of $95. Deutsche Bank was of a view on January 10, 2024 that the stock is Buy, while UBS gave the stock Buy rating on December 06, 2023, issuing a price target of $80. Barclays on their part issued Overweight rating on November 15, 2023.
