Deutsche Bank initiated coverage on Mr. Cooper Group with a new price target
$COOP
Finance: Consumer Services
Finance
Deutsche Bank initiated coverage of Mr. Cooper Group with a rating of Buy and set a new price target of $88.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/14/2025 | $115.00 | Mkt Outperform | JMP Securities |
| 7/22/2024 | $95.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 1/10/2024 | $88.00 | Buy | Deutsche Bank |
| 12/6/2023 | $80.00 | Buy | UBS |
| 11/15/2023 | $74.00 | Overweight | Barclays |
| 10/2/2023 | $62.00 → $65.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 4/21/2022 | Neutral | BTIG Research | |
| 2/14/2022 | $52.00 → $59.00 | Outperform | Credit Suisse |
Mr. Cooper Group Inc. (NASDAQ:COOP) announced today that Mike Rawls, Chief Executive Officer of Xome®, plans to retire effective June 30, 2025, and Chris Marshall, former Vice Chairman and President at Mr. Cooper, will join Xome to lead its operations. Rawls and Marshall will work together over the coming months to ensure a smooth transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250109604730/en/Mike Rawls plans to retire as CEO of Xome, effective June 30, 2025. (Photo: Business Wire) "Since taking on the role of CEO in 2020, Mike has skillfully led Xome to become the powerhouse real estate marketplace it is today, with
Mr. Cooper Group Inc. (NASDAQ:COOP) announced today the appointment of Andrew Bon Salle to its board of directors, effective January 1, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241216488517/en/(Photo: Business Wire) Bon Salle brings more than 30 years of experience in capital markets, risk management, securitization and mortgage policy leadership within the home lending sector. Most recently, he served as Chairman of the Board of Directors of Home Point Capital Inc. Prior to that, he was Executive Vice President of the Single-Family Mortgage business at Fannie Mae where he oversaw capital market functions, managed cu
LendingPoint, the award-winning online loan origination and servicing platform, announced the appointment of Shawn Stone, a longtime financial services executive, as the Company's new Chief Executive Officer and member of the Board. LendingPoint is a financial technology platform that provides financing solutions to a wide range of customers, including lending institutions and consumers. The company's proprietary fraud prevention, risk, and asset management algorithms are used to create financing opportunities across the credit spectrum. Mr. Stone is a senior financial services executive with more than 25 years of experience in online loan origination, loan servicing operations, credit
Reported net income of $204 million including other mark-to-market of $92 million, equivalent to ROCE of 17.3% and operating ROTCE of 15.8% Book value per share and tangible book value per share increased to $75.70 and $71.61 Servicing portfolio grew 57% y/y to $1,556 billion Repurchased 0.4 million shares of common stock for $38 million Completed acquisition of Flagstar's mortgage operations Recognized as the top mortgage servicer by Freddie Mac, receiving 2024 SHARP Gold Award Mr. Cooper Group Inc. (NASDAQ:COOP) (the "Company"), reported fourth quarter income before income tax expense of $280 and net income of $204 million. Excluding other mark-to-market and other
Mr. Cooper Group Inc. (NASDAQ:COOP) will discuss its financial results for the fourth quarter 2024 on February 12, 2025 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 following the registration link here. Participants will receive a toll-free dial-in number and a unique registrant ID to be used for immediate call access. A simultaneous audio webcast of the conference call will be available under the investors section on www.mrcoopergroup.com and from the direct link here. A replay of the audio web
Mr. Cooper Group Inc. (NASDAQ:COOP) announced today that Mike Rawls, Chief Executive Officer of Xome®, plans to retire effective June 30, 2025, and Chris Marshall, former Vice Chairman and President at Mr. Cooper, will join Xome to lead its operations. Rawls and Marshall will work together over the coming months to ensure a smooth transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250109604730/en/Mike Rawls plans to retire as CEO of Xome, effective June 30, 2025. (Photo: Business Wire) "Since taking on the role of CEO in 2020, Mike has skillfully led Xome to become the powerhouse real estate marketplace it is today, with
SC 13G/A - Mr. Cooper Group Inc. (0000933136) (Subject)
SC 13G/A - Mr. Cooper Group Inc. (0000933136) (Subject)
SC 13G/A - Mr. Cooper Group Inc. (0000933136) (Subject)
JMP Securities initiated coverage of Mr. Cooper Group with a rating of Mkt Outperform and set a new price target of $115.00
Keefe Bruyette downgraded Mr. Cooper Group from Outperform to Mkt Perform and set a new price target of $95.00
Deutsche Bank initiated coverage of Mr. Cooper Group with a rating of Buy and set a new price target of $88.00
4 - Mr. Cooper Group Inc. (0000933136) (Issuer)
4 - Mr. Cooper Group Inc. (0000933136) (Issuer)
3 - Mr. Cooper Group Inc. (0000933136) (Issuer)
4 - Mr. Cooper Group Inc. (0000933136) (Issuer)
8-K - Mr. Cooper Group Inc. (0000933136) (Filer)
8-K - Mr. Cooper Group Inc. (0000933136) (Filer)
8-K/A - Mr. Cooper Group Inc. (0000933136) (Filer)
Reported net income of $204 million including other mark-to-market of $92 million, equivalent to ROCE of 17.3% and operating ROTCE of 15.8% Book value per share and tangible book value per share increased to $75.70 and $71.61 Servicing portfolio grew 57% y/y to $1,556 billion Repurchased 0.4 million shares of common stock for $38 million Completed acquisition of Flagstar's mortgage operations Recognized as the top mortgage servicer by Freddie Mac, receiving 2024 SHARP Gold Award Mr. Cooper Group Inc. (NASDAQ:COOP) (the "Company"), reported fourth quarter income before income tax expense of $280 and net income of $204 million. Excluding other mark-to-market and other
Mr. Cooper Group Inc. (NASDAQ:COOP) will discuss its financial results for the fourth quarter 2024 on February 12, 2025 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 following the registration link here. Participants will receive a toll-free dial-in number and a unique registrant ID to be used for immediate call access. A simultaneous audio webcast of the conference call will be available under the investors section on www.mrcoopergroup.com and from the direct link here. A replay of the audio web
Reported net income of $80 million including other mark-to-market of ($126) million, equivalent to ROCE of 6.9% and operating ROTCE of 16.8% Book value per share and tangible book value per share increased to $72.49 and $69.93 Servicing portfolio grew 32% y/y to $1,239 billion Repurchased 0.5 million shares of common stock for $46 million Issued $750 million senior notes priced at 6.5% Certified as Great Place to Work for the 6th year in a row Mr. Cooper Group Inc. (NASDAQ:COOP) (the "Company"), reported third quarter income before income tax expense of $112 million and net income of $80 million. Excluding other mark-to-market and other adjustments, the Company reported pretax