Mr. Cooper Group Inc., together with its subsidiaries, operates as a non-bank servicer of residential mortgage loans in the United States. It operates through two segments, Servicing and Originations. 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 originates residential mortgage loans through its direct-to-consumer and correspondent channels. The company provides its services under the Mr. Cooper, Xome, and Rushmore Servicing brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. was founded in 1994 and is based in Coppell, Texas.
Strategic Acquisition | Mr. Cooper Group's purchase of Flagstar's MSR business poised to boost earnings and market position, with projected 8.5-13.7% increase in 2025 earnings |
Financial Strength | Robust 17% year-over-year growth in Tangible Book Value underscores Mr. Cooper's solid performance and shareholder value creation |
Market Outlook | Analysts bullish on Mr. Cooper's servicing portfolio, anticipating potential upside from mortgage rate changes and refinancing opportunities |
Valuation Insights | With price targets ranging from $94 to $106, Mr. Cooper appears undervalued, suggesting potential for investor returns amid positive analyst sentiment |
Metrics to compare | COOP | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipCOOPPeersSector | |
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P/E Ratio | 10.2x | 31.1x | 8.9x | |
PEG Ratio | 0.26 | 0.50 | 0.03 | |
Price/Book | 1.4x | 3.5x | 1.0x | |
Price / LTM Sales | 3.1x | 2.5x | 2.7x | |
Upside (Analyst Target) | 18.8% | 52.1% | 16.4% | |
Fair Value Upside | Unlock | 28.1% | 3.1% | Unlock |