Mr. Cooper Group
Market Cap
US$2.7b
Last Updated
2021/01/22 23:35 UTC
Data Sources
Company Financials +
Executive Summary
Mr. Cooper Group Inc. (NASDAQ: COOP) provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with concerning outlook.
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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: COOP's weekly volatility has decreased from 12% to 5% over the past year.
Market Performance
7 Day Return
3.7%
COOP
0.4%
US Mortgage
2.3%
US Market
1 Year Return
132.5%
COOP
3.6%
US Mortgage
23.7%
US Market
Return vs Industry: COOP exceeded the US Mortgage industry which returned 3.6% over the past year.
Return vs Market: COOP exceeded the US Market which returned 23.7% over the past year.
Shareholder returns
| COOP | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.7% | 0.4% | 2.3% |
| 30 Day | -3.4% | 0.5% | 4.7% |
| 90 Day | 28.9% | 10.8% | 14.5% |
| 1 Year | 132.5%132.5% | 6.7%3.6% | 26.5%23.7% |
| 3 Year | 152.8%152.8% | 20.1%10.5% | 45.0%35.4% |
| 5 Year | 3.0%3.0% | 84.5%58.4% | 126.2%100.9% |
Long-Term 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
2 weeks ago | Simply Wall St
The Mr. Cooper Group (NASDAQ:COOP) Share Price Has Gained 145%, So Why Not Pay It Some Attention?3 months ago | Simply Wall St
Are Insiders Buying Mr. Cooper Group Inc. (NASDAQ:COOP) Stock?4 months ago | Simply Wall St
Did Business Growth Power Mr. Cooper Group's (NASDAQ:COOP) Share Price Gain of 108%?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 ($29.9) is trading below our estimate of fair value ($81.06)
Significantly Below Fair Value: COOP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: COOP is good value based on its PE Ratio (4.8x) compared to the US Mortgage industry average (13.2x).
PE vs Market: COOP is good value based on its PE Ratio (4.8x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: COOP is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: COOP is overvalued based on its PB Ratio (1.2x) compared to the US Mortgage industry average (0.9x).
Next Steps
Future Growth
How is Mr. Cooper Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
6.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COOP's forecast earnings growth (6.2% per year) is above the savings rate (2%).
Earnings vs Market: COOP's earnings (6.2% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: COOP's earnings are forecast to grow, but not significantly.
Revenue vs Market: COOP's revenue is expected to decline over the next 3 years (-2.1% per year).
High Growth Revenue: COOP's revenue is forecast to decline over the next 3 years (-2.1% 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 (12.2%).
Next Steps
Past Performance
How has Mr. Cooper Group performed over the past 5 years?
50.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COOP has a large one-off loss of $102.0M impacting its September 30 2020 financial results.
Growing Profit Margin: COOP's current net profit margins (22.8%) are lower than last year (38.6%).
Past Earnings Growth Analysis
Earnings Trend: COOP has become profitable over the past 5 years, growing earnings by 50.5% per year.
Accelerating Growth: COOP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: COOP had negative earnings growth (-36.5%) over the past year, making it difficult to compare to the Mortgage industry average (2.7%).
Return on Equity
High ROE: Whilst COOP's Return on Equity (24.65%) is high, this metric is skewed due to their high level of debt.
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
Financial Institutions Analysis
Asset Level: COOP's Assets to Equity ratio (9.3x) is low.
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, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if COOP has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: COOP reports no customer deposits, loans are made up entirely of externally borrowed funds.
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 current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate COOP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate COOP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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?
1.9yrs
Average management tenure
CEO
Jay Bray (53 yo)
2.5yrs
Tenure
US$7,194,496
Compensation
Mr. Jay Bray serves as the Chairman, President and Chief Executive Officer of WMIH. He has been Chief Executive Officer of Nationstar Mortgage Holdings Inc. since February 2012 and has been its President s...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD7.19M) is above average for companies of similar size in the US market ($USD5.01M).
Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.5yrs | US$7.19m | 0.71% $ 19.2m | |
| Vice Chairman & CFO | 1.83yrs | US$9.13m | 0.28% $ 7.7m | |
| Executive VP & COO | 2.5yrs | US$4.28m | 0.19% $ 5.2m | |
| Executive VP & CEO of Xome | 1yr | US$2.69m | 0.090% $ 2.4m | |
| Executive VP & Chief Information Officer | 1.92yrs | no data | no data | |
| Senior Vice President of Strategic Planning & Investor Relations | no data | no data | no data | |
| Executive VP | 1.92yrs | no data | no data | |
| Executive VP & Chief Legal Officer | 0.42yr | no data | no data | |
| Executive VP and Chief People & Communications Officer | 1.92yrs | no data | no data | |
| Executive VP & Assistant Secretary | no data | US$523.69k | no data | |
| Senior Vice President | no data | no data | no data | |
| Senior Vice President | no data | no data | no data |
1.9yrs
Average Tenure
53yo
Average Age
Experienced Management: COOP's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.5yrs | US$7.19m | 0.71% $ 19.2m | |
| Independent Lead Director | no data | US$290.83k | 0.92% $ 25.0m | |
| Independent Director | 2.5yrs | US$240.00k | 0.26% $ 7.0m | |
| Independent Director | 5.67yrs | no data | no data | |
| Independent Director | 9yrs | US$261.67k | 0.049% $ 1.3m | |
| Independent Director | 2yrs | US$170.17k | 0.030% $ 821.7k | |
| Independent Director | 2.5yrs | US$230.00k | 0.11% $ 3.0m | |
| Independent Director | 3.58yrs | no data | no data | |
| Independent Director | 0.92yr | no data | 0.017% $ 464.0k |
2.5yrs
Average Tenure
58yo
Average Age
Experienced Board: COOP's board of directors are not considered experienced ( 2.5 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: NaN
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$2.717b
- Shares outstanding: 90.85m
- Website: https://www.mrcoopergroup.com
Number of Employees
Location
- Mr. Cooper Group Inc.
- 8950 Cypress Waters Boulevard
- Coppell
- Texas
- 75019-4620
- 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. (NASDAQ: COOP) provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations unde...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 23:35 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.