Mr. Cooper Intrinsic Value – PFG Advisors Sell Shares of Mr. Cooper Group Inc

☀️Trending News

PFG Advisors recently sold shares of Mr. Cooper ($NASDAQ:COOP) Group Inc, a leading residential mortgage services provider. The sale of shares was part of a broader strategy to restructure their portfolio and reduce their exposure to the mortgage sector. Mr. Cooper Group Inc is one of the largest non-bank companies providing loan origination, servicing, and debt collection services within the US. With operations in 49 states, their services are available to customers through their website, mobile app, and call center.

They specialize in refinancing mortgages, home equity loans, and other related services for their customers. In addition to providing these services, they also offer a variety of loan products for both purchase and refinance transactions, as well as a wide range of loan sizes and repayment plans. As one of the most reliable mortgage companies in the US, they are committed to providing customer service that exceeds industry standards and giving their clients the best possible loan experience.

Share Price

On Monday, MR. COOPER Group Inc, a financial services holding company, saw its stock open at $49.3 and close at $50.1, up by 1.7% from last closing price of $49.3. Despite the modest increase in stock price, the company’s share of the financial services sector has been declining over the past year due to market volatility and uncertainty in the global economy. However, given MR. COOPER’s strong history of delivering reliable performance and high-quality customer service, investors remain optimistic about the long-term potential of the company. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Mr. Cooper. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Mr. Cooper. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Mr. Cooper. More…

Key Ratios Snapshot

Some of the financial key ratios for Mr. Cooper are shown below. More…

Analysis – Mr. Cooper Intrinsic Value

At GoodWhale, we took a look at MR. COOPER‘s financials and ran our proprietary Valuation Line to determine a fair value of their stock. We determined that the fair value of MR. COOPER share should be around $48.5. Currently, MR. COOPER stock is trading at $50.1, which makes the stock a fair price, but slightly overvalued by 3.2%. More…

Peers

The company is engaged in providing mortgage loan servicing and origination services. It offers a range of services, including home retention, default servicing, loan modification, and foreclosure prevention services. The company also provides conventional, government-sponsored, and jumbo loan products. Mr. Cooper Group Inc has operations in the United States, India, and the United Kingdom. The company was formerly known as NationStar Mortgage Holdings Inc and changed its name to Mr. Cooper Group Inc in August 2018. Mr. Cooper Group Inc’s competitors include Australian Finance Group Ltd, Home Point Capital Inc, and India Home Loan Ltd. These companies are also engaged in providing mortgage loan servicing and origination services.

– Australian Finance Group Ltd ($ASX:AFG)

The company’s market capitalization is $498.63 million as of April 2021. The company operates in the financial services industry in Australia and New Zealand and provides a range of services, including mortgage lending, financial planning, and insurance.

– Home Point Capital Inc ($NASDAQ:HMPT)

Home Point Capital Inc is a mortgage lender that offers a variety of home loan products to borrowers across the United States. The company has a market capitalization of $242.17 million as of 2022. Home Point Capital Inc is a publicly traded company on the New York Stock Exchange (NYSE: HMPT).

– India Home Loan Ltd ($BSE:530979)

With a market cap of 460.59M as of 2022, India Home Loan Ltd is a company that provides home loans to customers in India. The company offers a variety of home loan products, including fixed-rate loans, adjustable-rate loans, and home equity loans. India Home Loan Ltd also provides home loan servicing and home loan refinancing services.

Summary

Investing in Mr. Cooper Group Inc. can be a lucrative prospect for potential investors, as the company is a leading financial services provider in the United States. The company is well-positioned to capitalize on the huge demand for mortgage refinancing due to the current economic environment. Furthermore, it has recently acquired several other mortgage companies in the US market, further broadening its customer base. Analysts believe Mr. Cooper Group Inc. will continue to benefit from the strength of the US housing market and remain a strong investment choice moving forward.