Mr. Cooper Group
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The last earnings update was 71 days ago. More info.
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- Mr. Cooper Group has significant price volatility in the past 3 months.
COOP Share Price and Events
7 Day Returns
1 Year Returns
COOP Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Mr. Cooper Group (COOP) | -5.8% | 4.8% | -11.2% | -53.4% | -72.6% | -77.1% |
| US Mortgage | -0.4% | 1.8% | 1.2% | 2.2% | 32.7% | 44.9% |
| US Market | 0.6% | 3.8% | 2.8% | 4.1% | 37.3% | 42.5% |
1 Year Return vs Industry and Market
- COOP underperformed the Mortgage industry which returned 2.2% over the past year.
- COOP underperformed the Market in United States of America which returned 4.1% over the past year.
COOP Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Mr. Cooper Group
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Mr. Cooper Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity = $21.08 * 18.4% |
$3.88 |
| Book Value of Equity per Share | Weighted future Book Value estimates from 3 analysts. | $21.08 |
| Discount Rate (Cost of Equity) | See below | 14.7% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Mortgage Unlevered Beta | Simply Wall St/ S&P Global | 0.86 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.862 (1 + (1- 21%) (1935.5%)) |
9.74 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
2 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%) |
14.65% |
Discounted Cash Flow Calculation for NasdaqCM:COOP using Excess Returns Model Model
The calculations below outline how an intrinsic value for Mr. Cooper Group is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (18.4% – 14.65%) * $21.08) |
$0.79 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= $0.79 / (14.65% - 2.73%) |
$6.60 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= $21.08 + $6.60 |
$27.68 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $27.68 |
| Current discount | Discount to share price of
$7.60
= -1 x ($7.60 - $27.68) / $27.68 |
72.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Mr. Cooper Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Mr. Cooper Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Mr. Cooper Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Mr. Cooper Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $7.33 |
| NasdaqCM:COOP Share Price ** | NasdaqCM (2019-07-17) in USD | $7.6 |
| United States of America Mortgage Industry PE Ratio | Median Figure of 129 Publicly-Listed Mortgage Companies | 14.32x |
| United States of America Market PE Ratio | Median Figure of 3,082 Publicly-Listed Companies | 17.98x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Mr. Cooper Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqCM:COOP Share Price ÷ EPS (both in USD) = 7.6 ÷ 7.33 |
1.04x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Mr. Cooper Group is good value based on earnings compared to the US Mortgage industry average.
- Mr. Cooper Group is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Mr. Cooper Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 1.04x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts |
17.2%per year |
| United States of America Mortgage Industry PEG Ratio | Median Figure of 50 Publicly-Listed Mortgage Companies | 1.43x |
| United States of America Market PEG Ratio | Median Figure of 2,122 Publicly-Listed Companies | 1.59x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 1.04x ÷ 17.2% |
0.06x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Mr. Cooper Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
Mr. Cooper Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $19.31 |
| NasdaqCM:COOP Share Price * | NasdaqCM (2019-07-17) in USD | $7.6 |
| United States of America Mortgage Industry PB Ratio | Median Figure of 145 Publicly-Listed Mortgage Companies | 1.13x |
| United States of America Market PB Ratio | Median Figure of 5,241 Publicly-Listed Companies | 1.81x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqCM:COOP Share Price ÷ Book Value per Share (both in USD) = 7.6 ÷ 19.31 |
0.39x |
* Primary Listing of Mr. Cooper Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Mr. Cooper Group is good value based on assets compared to the US Mortgage industry average.
Value checks
We assess Mr. Cooper Group's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check) Mr. Cooper Group has a total score of 6/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
COOP Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Mr. Cooper Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Mr. Cooper Group's earnings growth is expected to exceed the United States of America market average.
- Mr. Cooper Group's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqCM:COOP Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts | 17.2% |
| NasdaqCM:COOP Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts | 16.2% |
| United States of America Mortgage Industry Earnings Growth Rate | Market Cap Weighted Average | 10.6% |
| United States of America Mortgage Industry Revenue Growth Rate | Market Cap Weighted Average | 4.5% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.1% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.4% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 2,276 | 189 | 2 | |
| 2020-12-31 | 2,060 | 159 | 3 | |
| 2019-12-31 | 1,701 | -237 | 3 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 1,452 | 2,893 | 684 |
| 2018-12-31 | 1,790 | 3,545 | 1,030 |
| 2018-09-30 | 2,561 | 3,519 | 1,381 |
| 2018-06-30 | 2,461 | 2,301 | 441 |
| 2018-03-31 | 2,236 | 2,299 | 177 |
| 2017-12-31 | 1,650 | 1,359 | 30 |
| 2017-09-30 | 1,214 | 1,247 | 36 |
| 2017-06-30 | 810 | -7 | 8 |
| 2017-03-31 | 6 | -6 | 59 |
| 2016-12-31 | 1,915 | 972 | 19 |
| 2016-09-30 | 5 | -8 | 26 |
| 2016-06-30 | 6 | -8 | 38 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
All data from Mr. Cooper Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 2.07 | 2.37 | 1.91 | 3.00 |
| 2020-12-31 | 1.74 | 2.08 | 1.49 | 3.00 |
| 2019-12-31 | -2.61 | -1.05 | -3.52 | 4.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 7.33 |
| 2018-12-31 | 10.84 |
| 2018-09-30 | 11.80 |
| 2018-06-30 | 3.73 |
| 2018-03-31 | 1.50 |
| 2017-12-31 | 0.31 |
| 2017-09-30 | 0.46 |
| 2017-06-30 | 0.13 |
| 2017-03-31 | 3.48 |
| 2016-12-31 | 0.19 |
| 2016-09-30 | 1.53 |
| 2016-06-30 | 2.29 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Mr. Cooper Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Mr. Cooper Group has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
COOP Past Performance
How has Mr. Cooper Group performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Mr. Cooper Group has delivered over 20% year on year earnings growth in the past 5 years.
- Mr. Cooper Group's 1-year earnings growth exceeds its 5-year average (287.1% vs 83.3%)
- Mr. Cooper Group's earnings growth has exceeded the US Mortgage industry average in the past year (287.1% vs 39%).
Earnings and Revenue History
All data from Mr. Cooper Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 1,452.00 | 684.00 | 1,667.00 | |
| 2018-12-31 | 1,790.00 | 1,030.00 | 1,590.00 | |
| 2018-09-30 | 2,560.81 | 1,380.78 | 1,906.29 | |
| 2018-06-30 | 2,460.81 | 440.78 | 1,757.29 | |
| 2018-03-31 | 2,236.39 | 176.71 | 1,793.99 | |
| 2017-12-31 | 1,650.00 | 30.00 | 1,432.00 | |
| 2017-09-30 | 1,214.22 | 35.74 | 1,104.17 | |
| 2017-06-30 | 809.51 | 7.59 | 737.52 | |
| 2017-03-31 | 5.51 | 58.67 | 7.03 | |
| 2016-12-31 | 1,915.00 | 19.00 | 1,555.00 | |
| 2016-09-30 | 5.47 | 25.76 | 18.44 | |
| 2016-06-30 | 5.67 | 38.48 | 19.18 | |
| 2016-03-31 | 5.75 | -58.59 | 20.00 | |
| 2015-12-31 | 6.00 | -79.58 | 20.94 | |
| 2015-09-30 | 6.55 | -94.72 | 9.16 | |
| 2015-06-30 | 6.78 | -87.60 | 8.34 | |
| 2015-03-31 | 7.46 | 7.00 | 8.05 | |
| 2014-12-31 | 8.55 | -6.39 | 6.53 | |
| 2014-09-30 | 10.02 | 10.67 | 6.05 | |
| 2014-06-30 | 12.03 | 11.10 | 6.09 | |
| 2014-03-31 | 8.90 | -8.70 | 5.69 | |
| 2013-12-31 | 10.17 | 0.34 | 5.67 | |
| 2013-09-30 | 11.43 | -17.09 | 5.60 | |
| 2013-06-30 | 15.05 | -10.92 | 6.20 | |
| 2013-03-31 | 23.47 | -16.62 | 5.90 | |
| 2012-12-31 | 30.64 | -12.35 | 5.18 | |
| 2012-09-30 | 36.30 | -3.75 | 4.58 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Whilst Mr. Cooper Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
- Mr. Cooper Group used its assets more efficiently than the US Mortgage industry average last year based on Return on Assets.
- It is difficult to establish if Mr. Cooper Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Mr. Cooper Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Mr. Cooper Group has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
COOP Health
This company is a bank or financial institution.Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Balance sheet
Assets
Liabilities and shares
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Mr. Cooper Group Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 1,761.00 | 13,251.00 | 181.00 |
| 2018-12-31 | 1,945.00 | 12,464.00 | 242.00 |
| 2018-09-30 | 2,078.00 | 13,106.00 | 213.00 |
| 2018-06-30 | 598.00 | 0.00 | 29.06 |
| 2018-03-31 | 599.92 | 0.00 | 27.89 |
| 2017-12-31 | 1,722.00 | 14,246.00 | 215.00 |
| 2017-09-30 | 731.11 | 0.00 | 25.54 |
| 2017-06-30 | 697.16 | 18.23 | 36.05 |
| 2017-03-31 | 722.80 | 18.42 | 21.73 |
| 2016-12-31 | 709.31 | 18.77 | 2.49 |
| 2016-09-30 | 573.32 | 19.56 | 3.03 |
| 2016-06-30 | 594.23 | 20.45 | 3.52 |
| 2016-03-31 | 576.20 | 20.45 | 1.19 |
| 2015-12-31 | 511.99 | 21.74 | 9.92 |
| 2015-09-30 | 519.26 | 28.81 | 15.35 |
| 2015-06-30 | 527.56 | 29.17 | 19.35 |
| 2015-03-31 | 592.78 | 29.84 | 2.77 |
| 2014-12-31 | 88.23 | 31.22 | 78.01 |
| 2014-09-30 | 97.60 | 30.33 | 14.48 |
| 2014-06-30 | 98.78 | 108.27 | 10.54 |
| 2014-03-31 | 81.22 | 107.43 | 11.99 |
| 2013-12-31 | 65.13 | 105.50 | 19.53 |
| 2013-09-30 | 57.51 | 102.18 | 18.75 |
| 2013-06-30 | 58.18 | 116.44 | 29.18 |
| 2013-03-31 | 60.62 | 115.70 | 19.68 |
| 2012-12-31 | 64.39 | 136.27 | 31.16 |
| 2012-09-30 | 74.20 | 134.05 | 88.13 |
BANK ANALYSIS
This company is a bank or financial institution, which is analysed accordingly below.
- Unable to establish if Mr. Cooper Group has an acceptable proportion of non-loan assets without balance sheet data.
- Unable to establish if Mr. Cooper Group's liabilities are primarily made up of low risk funding sources without deposits or liabilities data.
- Mr. Cooper Group reports no customer deposits, loans are made up entirely of borrowed funds.
- Mr. Cooper Group's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
- Unable to establish if Mr. Cooper Group has a sufficient allowance for bad loans without relevant financial data.
- Unable to establish if Mr. Cooper Group has an acceptable level of bad loans without bad loans data.
Financial health checks
We assess Mr. Cooper Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Mr. Cooper Group has a total score of 1/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
COOP Dividends
What is Mr. Cooper Group's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Mr. Cooper Group
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Mr. Cooper Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Mr. Cooper Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| United States of America Mortgage Industry Average Dividend Yield | Market Cap Weighted Average of 95 Stocks | 3.1% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2017 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 0.00 | 1.00 |
| 2020-12-31 | 0.00 | 1.00 |
| 2019-12-31 | 0.00 | 1.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Mr. Cooper Group has not reported any payouts.
- Unable to verify if Mr. Cooper Group's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Mr. Cooper Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Mr. Cooper Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Mr. Cooper Group has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
COOP Management
CEO
| COMPENSATION | $25,119,076 |
| AGE | 52 |
CEO Bio
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 since June 1, 2015. Mr. Bray serves as Executive Vice President and Chief Financial Officer of Nationstar Capital Corporation. He served as the President of Nationstar Mortgage Holdings Inc. (formerly, Centex Home Equity) from October 7, 2011 to February 27, 2012 and served as its Executive Vice President and Chief Financial Officer since May 2011 until February 27, 2012 and also previously served as Chief Financial Officer from May 2000 to October 2011 and as its Executive Vice President from 2000 to October 2011. Mr. Bray served as the Director of Accounting and Finance with Barnett Bank, Inc. In addition, he has served as the President of Nationstar’s wholly-owned subsidiary, Nationstar Mortgage LLC, since July 2011, as the Chief Executive Officer of Nationstar Mortgage LLC since October 2011, as the Chief Financial Officer of Nationstar Mortgage LLC from the time he joined Nationstar in May 2000 until September 2012, as a Manager of Nationstar Mortgage LLC since October 2011, as the Executive Chairman of Xome Holdings LLC since September 2015 and as a Director of another subsidiary, Nationstar Capital Corporation, since March 2010. He served as an Audit Manager with Arthur Andersen in Atlanta, GA, for seven years, where he served as an audit manager from 1992 to 1994. Mr. Bray has more than 25 years of experience in the mortgage servicing and originations industry. His prior experience includes over six years with Bank of America, Consumer Finance Group, where he held a variety of leadership roles. He managed the Asset Backed Securitization process for NationsCredit and EquiCredit originated products, at Bank of America and his responsibilities included developing and implementing a secondary execution strategy and profitability plan, managing investment banking relationships, secondary marketing operations, investor reporting and investor relations. Additionally, Mr. Bray led the portfolio acquisition (correspondent) pricing and modeling group, acquiring over $9 billion in non-conforming product in 1999 - ranked No. 1 in sub-prime acquisition by B&C Lending magazine. Mr. Bray served as Chairman of Nationstar Mortgage Holdings Inc. since July 1, 2016 until July 31, 2018. He serves as Chairman of Nationstar Capital Corporation. He is a Director of Nationstar Mortgage Holdings Inc. since July 31, 2018. He has been Director at Mr. Cooper Group Inc. since 2018. Mr. Bray is a Certified Public Accountant in the State of Georgia. He holds a B.A.A. from Auburn University in 1988.
CEO Compensation
- Insufficient data for Jay to compare compensation growth.
- Jay's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Mr. Cooper Group management team in years:
- The average tenure for the Mr. Cooper Group management team is less than 2 years, this suggests a new team.
Management Team
Jay Bray
Chairman
$25M
52
Tony Ebers
Executive VP & COO
$11M
53
1 yrs
Tony Villani
Executive VP & General Counsel
$2M
62
1 yrs
Mike Rawls
Executive Vice President of Servicing
$4M
49
1 yrs
Chris Marshall
Vice Chairman & CFO
59
0.3 yrs
Sridhar Sharma
Executive VP & Chief Information Officer
0.4 yrs
Ken Posner
Senior VP of Strategic Planning & Investor Relations
56
Steve Covington
Executive VP and Chief Risk & Compliance Officer
0.4 yrs
Kelly Doherty
Executive VP and Chief People & Communications Officer
0.4 yrs
Kevin Dahlstrom
Executive VP & Chief Marketing Officer
0.4 yrs
Board of Directors Tenure
Average tenure and age of the Mr. Cooper Group board of directors in years:
- The average tenure for the Mr. Cooper Group board of directors is less than 3 years, this suggests a new board.
Board of Directors
Jay Bray
Chairman
$25M
52
Mike Malone
Independent Director
$617K
65
1 yrs
Roy Guthrie
Independent Lead Director
$631K
65
Rob Gidel
Independent Director
$592K
67
1 yrs
Steve Scheiwe
Independent Director
$214K
58
7.5 yrs
Tagar Olson
Independent Director
41
4.2 yrs
Chris Harrington
Independent Director
38
2.1 yrs
Busy Burr
Independent Director
57
0.4 yrs
Who owns this company?
Recent Insider Trading
- More shares have been bought than sold by Mr. Cooper Group individual insiders in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 13. May 19 | Buy | Jay Bray | Individual | 09. May 19 | 09. May 19 | 52,910 | $9.36 | $495,238 | ||
| 06. May 19 | Buy | Christopher Marshall | Individual | 03. May 19 | 06. May 19 | 110,000 | $9.11 | $998,498 | ||
Management checks
We assess Mr. Cooper Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Mr. Cooper Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
COOP Company Info
Description
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.
Details
| Name: | Mr. Cooper Group Inc. |
| COOP | |
| Exchange: | NasdaqCM |
| Founded: | |
| $691,964,891 | |
| 91,048,012 | |
| Website: | http://mrcoopergroup.com |
| Address: |
Mr. Cooper Group Inc. 8950 Cypress Waters Boulevard, Coppell, Texas, 75019, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqCM | COOP | New Common Stock | Nasdaq Capital Market | US | USD | 28. Mar 2012 | |
| DB | 07WA | New Common Stock | Deutsche Boerse AG | DE | EUR | 28. Mar 2012 |
Number of employees
Current staff
Industry
| Thrifts and Mortgage Finance | |
| Banks |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/07/18 00:33 |
| End of day share price update: | 2019/07/17 00:00 |
| Last estimates confirmation: | 2019/07/15 |
| Last earnings filing: | 2019/05/08 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
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