Mr. Cooper Group Inc

Mr. Cooper Group, Inc. engages in the provision of residential loan services. It operated through the following segments: Servicing, and Originations. The Servicing segment consists of collecting loan payments, remitting principal and interest payments to investors, managing escrow funds for the payment of mortgage-related expenses, such as taxes and insurance, performing loss mitigation activities on behalf of investors and otherwise administering mortgage loan servicing portfolio. The Originations segment provides refinance opportunities to the existing servicing customers through direct-to-consumer platform and purchases loans from originators through correspondent channel. The company was founded in 1889 and is headquartered in Coppell, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Mr. Cooper Group reports strong 2022 performance and eyes growth opportunities in MSR trading and technology implementation

Mr. Cooper Group Inc (COOP) had a successful 2022, showing growth in key metrics and strategic acquisitions. The company's focus on efficiency, optimism for 2023, and investment in technology position it well for future opportunities and profitability.

Mr. Cooper Group Inc excels in Q1 2023, eyes strategic growth

Mr. Cooper Group Inc's Q1 2023 earnings call highlighted strong financial performance, strategic acquisitions, and a focus on risk management and growth opportunities.
The company's emphasis on maintaining a strong balance sheet, efficient loan management, and disciplined capital allocation underscores its commitment to long-term success.
Challenges in balancing growth targets with return discipline and managing MSR risks are areas of focus for sustainable performance and value creation.
Opportunities in liquidity management, strategic acquisitions, and high-return MSR purchases position the company for continued growth and market leadership.

Mr. Cooper Group excels in Q2, eyes $1 trillion portfolio

Mr. Cooper Group's Q2 earnings call showcased strong financial performance, strategic investments in the servicing platform, and a focus on portfolio growth and cost reduction initiatives.
Certified as a Great Place to Work, the company's commitment to excellence is evident in its operational achievements and plans for future expansion and profitability.
While facing challenges such as managing prepay speeds and integration projects, Mr. Cooper Group is well-positioned to capitalize on growth opportunities in the DTC platform and servicing segment.

Mr. Cooper Group excels in Q3, eyes $1B MSR fund

Mr. Cooper Group Inc (COOP) showcased strong financial performance, strategic acquisitions, and operational capabilities in Q3 2023. Despite challenges in margin compression, the company's focus on high-return markets and delinquency improvements positions it well for future growth. With a $1 billion MSR fund in sight and readiness for larger acquisitions, Mr. Cooper Group is poised for continued success.

Mr. Cooper Group excels in Q4, eyes sustainable growth and subservicing expansion

Mr. Cooper Group's Q4 earnings call showcased strong performance, robust balance sheet, and confidence in growth strategies. Addressed challenges include sustaining growth and navigating stricter capital rules. Opportunities identified in maintaining sustainable growth and expanding subservicing deals.

Mr. Cooper Group Inc reports robust Q1 performance and growth opportunities

Mr. Cooper Group Inc's Q1 earnings call showcased strong financial performance, strategic technology investments, and a positive outlook for future growth. The company's disciplined approach to acquisitions and focus on operational efficiency position them well for continued success. Market opportunities in new product offerings and expanding servicing capabilities present avenues for further growth.

Mr. Cooper Group excels in Q2, eyes efficiency and growth

Mr. Cooper Group's Q2 earnings call showcased robust performance across servicing and originations segments, driven by operational excellence.
Strategic acquisitions and a focus on technology underscore the company's commitment to growth and efficiency in a competitive market landscape.
Challenges in MSR valuation and hedging strategies require careful management, while opportunities in sector consolidation and digital transformation offer avenues for future growth.
Maintaining a balance between operational efficiency, asset quality, and growth initiatives will be crucial for sustaining profitability and market leadership.

Mr. Cooper Group excels in Q3, eyes AI for growth

Mr. Cooper Group's strong performance in Q3 reflects robust financial health and strategic growth initiatives.
The company's focus on customer experience, operational efficiency, and growth opportunities positions it well for the future.
Challenges lie in maintaining profitability targets amidst market dynamics and effectively integrating AI technologies.
Overall, Mr. Cooper Group's proactive approach and solid fundamentals bode well for sustained success and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Regional Management

World Acceptance

3 Lenders Set to Rally Amid Today's Fed Decision

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (“Mr. Cooper Group” or “the Company”) announced today that it has completed the sale of its Reverse servicing portfolio, operating under the Champion Mortgage brand, to Mortgage Assets Management, LLC and its affiliates. “We're pleased to complete this sale, which allows us to continue on our path of rationalizing and simplifying the business model, in order to focus on the attractive growth opportunities in our core mortgage servicing and originat

Mr. Cooper Completes Sale of Reverse Servicing Portfolio

Academy Sports and Outdoors

Atkore International Group

Crocs

First Bancorp

Louisiana-Pacific

Signet Jewelers

These are solid stocks to buy now because each has plenty of flexibility thanks to their stacks of free cash flow. The post 7 Stocks to Buy With Stacks of Free Cash Flow appeared first on InvestorPlace.

7 Stocks to Buy With Stacks of Free Cash Flow

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 (“Nationstar”), of $600,000,000 5.75% Senior Notes due 2031 (the “Notes”). The Notes will bear interest at 5.75% per annum and will mature on November 15, 2031. Interest on the Notes will be payable semi-annually on May 15 and November 15 of each year, beginning on May 15, 2022. The offering is expe

Mr. Cooper Group Inc. Announces Pricing of Offering of $600 Million of Senior Notes

Mr. Cooper Group Inc. (COOP) CEO Jay Bray on Q3 2021 Results - Earnings Call Transcript

Mr Cooper (COOP) delivered earnings and revenue surprises of 22.84% and 34.63%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Mr Cooper (COOP) Q3 Earnings and Revenues Top Estimates

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported a third quarter net income of $299 million or $3.29 per diluted share. The Company reported pretax operating income of $263 million, which excluded mark-to-market and other items. The mark-to-market adjustment was $153 million in the quarter and other items included $7 million gain from the sale of Xome valuations, $4 million in transaction-r

Mr. Cooper Group Reports Third Quarter 2021 Results

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the third quarter 2021 on Thursday, October 28, 2021 at 10:00 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. Cooper Group's website, www.mrcoopergroup.com. Pre-registration for the call is now open by visiting http://www.directeventreg.com/registration/event/3974467. Participants will receive a toll-fre

Mr. Cooper Group Inc. to Discuss Third Quarter 2021 Financial Results on October 28, 2021

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today it is Great Place to Work-Certified™ for the third year in a row. Great Place to Work® is the global authority on workplace culture, employee experience and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation. The prestigious award is based entirely on what current team members say about their experience working at Mr. Cooper Group. “We are humbled and excited

Mr. Cooper Group Recognized as a Great Place to Work

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Mr Cooper (COOP) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Mr Cooper (COOP)

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (“Mr. Cooper” or “the Company”) announced today that it has entered into a definitive agreement to sell its Xome Field Services unit to Cyprexx Services LLC (“Cyprexx”). The sale is expected to close during the fourth quarter of 2021, subject to customary conditions. The terms of the transaction have not been disclosed, however, the Company does not view the financial impact as significant. “This transaction is consistent with our strategic focus o

Mr. Cooper Announces Sale of Xome Field Services

Mr. Cooper Group is narrowing its focus to prepare for a slowdown in mortgage-lending activity. Is it a buy?

Is This Real Estate Stock a Great Value or a Value Trap?

Mr. Cooper Group (COOP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is Mr. Cooper Group (COOP) Stock a Solid Choice Right Now?

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today two executive promotions as the company continues to drive enhancements to the team member and customer experiences. Angela Greenfeather was promoted to Executive Vice President and Chief Human Resources Officer. Greenfeather most recently served as SVP, Enterprise HR for the company, and in her new role she will oversee all functions of Human Resources. Greenfeather has more than 20 years of experience in HR, includi

Mr. Cooper Group Announces Executive Leadership Promotions

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (“Mr. Cooper”) announced today that it has entered into a definitive agreement to sell its Xome Valuations business to Voxtur Analytics Corp. (“Voxtur”). The sale is expected to close in the third quarter of 2021, subject to customary conditions. Consideration for the sale is not material. “This transaction is another example of how we are rationalizing and simplifying to focus on our core businesses, where we see tremendous opportunity for growth,

Mr. Cooper Announces Sale of Xome Valuations

Mr. Cooper Group's (COOP) CEO Jay Bray on Q2 2021 Results - Earnings Call Transcript

Mr Cooper (COOP) delivered earnings and revenue surprises of 20.00% and -14.42%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Mr Cooper (COOP) Q2 Earnings Surpass Estimates

Shares of Mr. Cooper Group (NASDAQ:COOP) decreased 1.6% in pre-market trading after the company reported Q2 results.

Mr. Cooper Group: Q2 Earnings Insights

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), which principally operates under the Mr. Cooper® and Xome® brands, reported second quarter net income of $439 million or $4.85 per diluted share. Net income included a $135 million mark-to-market charge, which excludes fair value amortization of $45 million. Excluding mark-to-market and other items, the Company reported pretax operating income of $227 million. Other items were $7 million in severance charges related

Mr. Cooper Group Reports Second Quarter 2021 Net Income of $439 Million

Mr Cooper (COOP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mr Cooper (COOP) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) announced today two additions to the executive leadership team as the company focuses on becoming the largest home loan company in the country, with a customer-centric culture and best-in-class digital tools. Shawn Stone was named Executive Vice President and Chief Revenue Officer and will focus on the company's accelerated growth strategy, exploring new delivery channels and finding more ways to leverage Mr. Cooper's technologies to

Mr. Cooper Group Announces Two Executive Appointments

PennyMac Financial Services

PROG Holdings

Tronox

When searching for value opportunities, investors may want to consider the following stocks, since their prices are trading at a discount to the intrinsic value calculated by GuruFocus' earnings-based discounted cash flow (DCF) calculator.

These 4 Stock Picks Appear Underestimated by the Market

These 4 Stock Picks Appear to Be Underestimated by the Market

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) will discuss its financial results for the second quarter 2021 on Thursday, July 29, 2021 at 10:00 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. Cooper Group's website, www.mrcoopergroup.com. Pre-registration for the call is now open by visiting http://www.directeventreg.com/registration/event/6059502. Participants will receive a toll-free

Mr. Cooper Group Inc. to Discuss Second Quarter 2021 Financial Results on July 29, 2021

Mr. Cooper's (COOP) sale of its title business for $500 million will enhance the company's liquidity and tangible book value apart from enhancing its shareholder value.

News for Mr. Cooper Group Inc Stock (COOP)