Mr. Cooper Intrinsic Value – Piper Sandler Boosts Price Target for Mr. Cooper Group to $79.00

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The company, formerly known as Nationstar Mortgage, is a subsidiary of WMIH Corp and operates as a leading mortgage servicer. The stock price increase at Piper Sandler should be seen as a positive sign for Mr. Cooper ($NASDAQ:COOP) Group. As one of the most prominent players in the mortgage servicing industry, the company has been making steady progress in recent years and is seeing more and more success. The higher price target is a testament to the company’s growth and success, which should provide investors with confidence in its future prospects.

Share Price

At the start of the trading day, MR. COOPER opened at $57.5 and closed at $56.3, a decrease of 1.1% from the prior closing price of $56.9. 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

GoodWhale has carefully examined the fundamentals of Mr. Cooper and our proprietary Valuation Line indicates that the intrinsic value of MR. COOPER share is around $35.5. Despite this, the stock is currently traded at $56.3, which means it is currently overvalued by 58.5%. We suggest that investors consider this discrepancy when making their investments decisions. 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 analysis of Mr. Cooper Group suggests that the stock is a strong buy right now. The company has seen impressive gains in revenue, cash flow, and stock prices; all of which point to a bullish outlook. Additionally, analysts are predicting strong growth in the near future. Mr. Cooper Group is well positioned to capitalize on the current favorable market conditions, making it an attractive investment for those looking to add diversification to their portfolio.