Mr. Cooper Group Inc. (COOP)
Mr. Cooper Group Inc. operates in the Financial - Mortgages industry of the Financial Services sector, headquartered in Coppell, TX, US. The stock last traded at $210.79, down 2.77% on the session, giving a market capitalisation of $13.49B. On trailing twelve-month figures it carries a trailing P/E of 47.16, a net margin of 21.1%. Its beta of 1.08 implies it has historically moved more than the broad market.
Mr. Cooper Group Inc. offers a range of services for single-family homes across the United States, including mortgage servicing, loan origination, and various transaction-based solutions. The company operates through two main segments: Servicing and Originations. Its Servicing segment manages existing mortgages by collecting and distributing borrower payments, providing investor reports, handling customer inquiries, and modifying loan terms. The Originations segment generates new residential mortgage loans directly for consumers, and also procures or initiates loans from other mortgage bankers and brokers. The company primarily operates under the Mr. Cooper and Xome brand names. Founded in 2015, it was previously known as WMIH Corp. until changing its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. is headquartered in Coppell, Texas.
Mr. Cooper Group Inc. is most often compared with the following Financial Services names: