Mr. Cooper Group
Market Cap
US$1.3b
Last Updated
2020/02/19 01:20 UTC
Data Sources
Company Financials +
Executive Summary
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related principally to single-family residences in the United States.
Rewards
Risk Analysis
No risks detected for COOP from our risk checks.
Snowflake Analysis
Reasonable growth potential and fair value.
Similar Companies
Share Price & News
How has Mr. Cooper Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COOP has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.3%
COOP
-1.9%
US Mortgage
0.06%
US Market
1 Year Return
-0.9%
COOP
5.7%
US Mortgage
19.4%
US Market
Return vs Industry: COOP underperformed the US Mortgage industry which returned 5.7% over the past year.
Return vs Market: COOP underperformed the US Market which returned 19.4% over the past year.
Shareholder returns
| COOP | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.3% | -1.9% | 0.06% |
| 30 Day | 5.8% | -1.8% | 1.1% |
| 90 Day | 15.4% | -1.8% | 8.9% |
| 1 Year | -0.9%-0.9% | 8.2%5.7% | 21.9%19.4% |
| 3 Year | -7.5%-7.5% | 19.0%10.6% | 48.9%39.3% |
| 5 Year | -48.2%-48.2% | 60.2%42.4% | 71.9%53.1% |
Price Volatility Vs. Market
How volatile is Mr. Cooper Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
Have Insiders Been Buying Mr. Cooper Group Inc. (NASDAQ:COOP) Shares This Year?2 months ago | Simply Wall St
Some Mr. Cooper Group (NASDAQ:COOP) Shareholders Have Copped A Big 55% Share Price Drop3 months ago | Simply Wall St
How Many Mr. Cooper Group Inc. (NASDAQ:COOP) Shares Do Institutions Own?Valuation
Is Mr. Cooper Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: COOP ($14.43) is trading below our estimate of fair value ($45.11)
Significantly Below Fair Value: COOP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: COOP is unprofitable, so we can't compare its PE Ratio to the Mortgage industry average.
PE vs Market: COOP is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate COOP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: COOP is good value based on its PB Ratio (0.7x) compared to the US Mortgage industry average (1.1x).
Next Steps
Future Growth
How is Mr. Cooper Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
95.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COOP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: COOP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: COOP's is expected to become profitable in the next 3 years.
Revenue vs Market: COOP's revenue (10.8% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: COOP's revenue (10.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COOP's Return on Equity is forecast to be low in 3 years time (11.4%).
Next Steps
Past Performance
How has Mr. Cooper Group performed over the past 5 years?
55.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COOP is currently unprofitable.
Growing Profit Margin: COOP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: COOP is unprofitable, but has reduced losses over the past 5 years at a rate of 55.7% per year.
Accelerating Growth: Unable to compare COOP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: COOP is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (11.1%).
Return on Equity
High ROE: COOP has a negative Return on Equity (-18.51%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Mr. Cooper Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: COOP has a low level of unsold assets or inventory.
Debt Coverage by Assets: COOP's debt is not covered by short term assets (assets are 1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: COOP has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: COOP has been profitable on average in the past, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: COOP's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if COOP has a sufficient allowance for bad loans.
Low Risk Liabilities: COOP reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if COOP has an acceptable proportion of non-loan assets held.
Low Risk Deposits: COOP has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if COOP has an appropriate level of bad loans.
Next Steps
Dividend
What is Mr. Cooper Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate COOP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate COOP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if COOP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if COOP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of COOP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Jay Bray (52yo)
1.6yrs
Tenure
US$25,119,076
Compensation
Mr. Jay Bray serves as the Chairman, President and Chief Executive Officer of WMIH. He has been Chief Executive Officer of Nationstar Mortgage Holdings Inc. since February 2012 and has been its President s ...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD25.12M) is above average for companies of similar size in the US market ($USD3.81M).
Compensation vs Earnings: Insufficient data to compare Jay's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.6yrs | US$25.12m | 1.93% $24.5m | |
| Executive VP & COO | 1.6yrs | US$11.25m | 0.10% $1.3m | |
| Executive VP & CEO of Xome | 0yrs | US$3.54m | 0.059% $754.1k | |
| Vice Chairman & CFO | 0.9yrs | no data | 0.79% $10.0m | |
| Executive VP & Chief Information Officer | 1yrs | no data | no data | |
| Senior VP of Strategic Planning & Investor Relations | 0yrs | no data | no data | |
| Executive VP | 1yrs | no data | no data | |
| Executive VP and Chief People & Communications Officer | 1yrs | no data | no data | |
| Executive VP & Chief Marketing Officer | 1yrs | no data | no data | |
| Executive VP & Assistant Secretary | 0yrs | US$523.69k | no data |
1.0yrs
Average Tenure
52.5yo
Average Age
Experienced Management: COOP's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.6yrs | US$25.12m | 1.93% $24.5m | |
| Independent Lead Director | 0yrs | US$630.87k | 0.025% $311.1k | |
| Independent Director | 1.6yrs | US$591.90k | no data | |
| Independent Director | 4.8yrs | no data | no data | |
| Independent Director | 8.1yrs | US$213.75k | 0.049% $625.0k | |
| Independent Director | 0yrs | no data | no data | |
| Independent Director | 1.6yrs | US$616.90k | 0.056% $705.5k | |
| Independent Director | 2.7yrs | no data | no data |
2.1yrs
Average Tenure
57.5yo
Average Age
Experienced Board: COOP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Mr. Cooper Group Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mr. Cooper Group Inc.
- Ticker: COOP
- Exchange: NasdaqCM
- Founded:
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$1.270b
- Shares outstanding: 91.09m
- Website: https://mrcoopergroup.com
Number of Employees
Location
- Mr. Cooper Group Inc.
- 8950 Cypress Waters Boulevard
- Coppell
- Texas
- 75019
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| COOP | NasdaqCM (Nasdaq Capital Market) | Yes | New Common Stock | US | USD | Mar 2012 |
| 07WA | DB (Deutsche Boerse AG) | Yes | New Common Stock | DE | EUR | Mar 2012 |
Biography
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The company operates through three segments: Servicing, Originations, and Xome. The Servicing segment performs activities for originated and purchased loans, as well as operates as a subservicer for various clients that own the underlying servicing rights. The Originations segment originates, purchases, and sells mortgage loans. The Xome segment offers technology and data enhanced solutions to home buyers, home sellers, real estate professionals, and companies engaged in the servicing and origination of mortgage loans. The company operates primarily under the Mr. Cooper and Xome 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. is headquartered in Coppell, Texas.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/19 01:20 |
| End of Day Share Price | 2020/02/18 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.