Mr Cooper Group Stock Financial Performance and Leadership Insights

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Mr Cooper Group has consistently demonstrated strong financial performance, with a revenue growth rate of 14% in 2020. This growth is a testament to the company's ability to adapt to changing market conditions.

The company's net income has also shown significant improvement, increasing by 25% in 2020 compared to the previous year. This increase in profitability is a key factor in the company's overall financial performance.

Under the leadership of Jay W. Bray, Mr Cooper Group has made significant strides in expanding its operations and improving its financial performance. Bray has been instrumental in driving the company's growth strategy, which has included strategic acquisitions and investments in digital technologies.

Mr Cooper Group's financial performance has been driven by its focus on providing high-quality mortgage and title services to its customers, with a strong emphasis on customer satisfaction and loyalty.

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Financials

Mr. Cooper Group's financials have seen significant growth over the years. Net sales in 2025 are projected to be $54.27 billion, a substantial increase from $2.16 billion in 2024.

Credit: youtube.com, Mortgage servicing is thriving due to homeowners deciding not to sell, says Mr. Cooper Group CEO

The company's revenue has been steadily increasing, with a notable jump from $1.73 billion in 2023 to $2.15 billion in 2024. However, in 2023, the revenue was $1.79 billion, a decrease of -27.19% compared to the previous year's $2.46 billion.

Earnings have also seen a significant improvement, with a net income of $840 million in 2025, up from $639 million in 2024. The company's net income in 2023 was $500 million, a decrease of -45.83% compared to the previous year.

Here's a breakdown of Mr. Cooper Group's net sales and net income for 2024 and 2025:

The company's net debt is currently not available, but it's worth noting that the net debt figure is typically not a primary concern for investors when evaluating a company's financial health.

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Leadership and Management

Mr. Cooper Group has a strong leadership team, with Jesse Bray serving as both CEO and Chairman. He has been with the company since 2018.

Credit: youtube.com, Mr. Cooper Group CEO on rising mortgage rates

The company's President, Michael Weinbach, has been in his role since January 31, 2024. Kurt Johnson is the Director of Finance and CFO, having taken on the role on March 5, 2023.

Here is a list of the current senior leaders at Mr. Cooper Group:

The company has also appointed two new senior leaders, including Ranjit Bhattacharjee, who will join the executive leadership team on May 6, 2024.

Managers and Directors

Meet the leaders of Mr. Cooper Group Inc. As of 2024, the CEO is Jesse Bray, a 58-year-old executive who took the helm in 2018. He's also the Chairman of the Board, a position he's held since July 30, 2018.

Michael Weinbach is the President, a role he's been in since January 31, 2024. At 51 years old, he brings a wealth of experience to the table.

Kurt Johnson is the Director of Finance and Chief Financial Officer, a position he's held since March 5, 2023. He's 55 years old and has been an integral part of the company's leadership team.

Here's a list of the company's directors and managers, along with their titles and ages:

Xome Leadership Transition

Credit: youtube.com, The Leadership Transition Overview

Mike Rawls, the Chief Executive Officer of Xome, plans to retire effective June 30, 2025.

Chris Marshall, a former Vice President, has been identified as a key figure in the transition process.

The retirement of Mike Rawls will mark the end of his tenure as CEO of Xome.

Chris Marshall's experience will likely play a crucial role in ensuring a smooth transition of leadership at Xome.

The exact date of Mike Rawls' retirement is June 30, 2025.

The company has likely already begun making arrangements for Marshall's new role, given his involvement in the transition process.

Introduces New Senior Leaders

Mr. Cooper Group recently announced the appointment of two new senior leaders. Ranjit Bhattacharjee will join the executive leadership team on May 6, 2024.

These new appointments are a testament to the company's commitment to growth and development. The exact dates of their appointments were not provided.

One thing is clear, however, is that these new leaders will play a significant role in shaping the company's future.

News

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Mr. Cooper Group Inc. announced the appointment of Andrew Bon Salle to its board of directors, effective January 1, 2025. Bon Salle brings over 30 years of experience to the role.

Mr. Cooper Group Inc. recently completed the acquisition of Flagstar's Mortgage Operations. This acquisition is expected to strengthen the company's position in the mortgage industry.

On December 16, 2024, Mr. Cooper Group Inc. added Andrew Bon Salle to its board of directors. Bon Salle is a former Fannie Mae executive and industry veteran.

Here are some key dates related to Mr. Cooper Group Inc.'s announcements:

JMP Securities initiated coverage on Mr. Cooper Group Inc. with a "Market Outperform" rating and a $115 price target.

Investor Information

Analysts have been actively following Mr. Cooper Group Inc., with several firms issuing recommendations and adjusting their price targets.

JMP Securities initiated coverage of Mr. Cooper Group with a Market Outperform rating and a $115 price target, as of January 14.

Take a look at this: Stock Price

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UBS has been a consistent supporter of Mr. Cooper Group, raising its price target to $122 from $118 in December 2023 and adjusting it to $118 from $95 on July 26, 2024, while maintaining a Buy rating in both instances.

Wedbush has also been positive about Mr. Cooper Group, initially adjusting its price target to $115 from $100 on July 26, 2024, and then boosting it to the same $115 target on the same day, while keeping its Outperform rating.

Here are the key analyst recommendations for Mr. Cooper Group:

  • JMP Securities: Market Outperform, $115 price target (Jan 14)
  • UBS: Buy, $122 price target (Dec 05)
  • UBS: Buy, $118 price target (July 26, 2024)
  • Wedbush: Outperform, $115 price target (July 26, 2024)

Analysts' Recommendations

Analysts' recommendations can be a valuable tool for investors looking to make informed decisions. Mr. Cooper Group Inc. has received several updates from analysts in recent months.

JMP Securities initiated coverage of Mr. Cooper Group with a Market Outperform rating and a price target of $115. This was announced on January 14.

UBS has consistently maintained a Buy rating for Mr. Cooper Group, with a price target that has been adjusted upwards to $122 from $118 in December, and previously to $118 from $95 in July 2024.

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Credit: youtube.com, Understanding Analyst Ratings - A Crucial Tool for Investors

Wedbush has also maintained an Outperform rating for Mr. Cooper Group, with a price target that was adjusted to $115 from $100 in July 2024, and previously boosted to $115 from $100 on the same day.

The analysts' consensus on COOP stock is a "Buy" rating, based on the opinions of 9 analysts.

Shareholder Returns

As an investor, you're likely interested in the performance of your investments, and specifically, the returns you're earning. COOP has exceeded the US Diversified Financial industry, returning 53.1% over the past year.

The table below breaks down the returns for COOP, US Diversified Financial, and the US Market over different time periods.

COOP's 53.1% return over the past year is significantly higher than the US Market's 24.9% return.

Frequently Asked Questions

Is Mr. Cooper publicly traded?

Yes, Mr. Cooper is publicly traded on the NASDAQ stock exchange. You can find more information about our stock performance and trading history on the NASDAQ website.

Is Mr. Cooper stock a good buy?

Mr. Cooper Group's stock has a Strong Buy analyst rating consensus based on 4 Wall Street analysts, making it a promising investment opportunity. Learn more about the exclusive account opening deals and brokerage options available on our Best Online Brokers page.

Tasha Schumm

Junior Writer

Tasha Schumm is a skilled writer with a passion for simplifying complex topics. With a focus on corporate taxation, business taxes, and related subjects, Tasha has established herself as a knowledgeable and engaging voice in the industry. Her articles cover a range of topics, from in-depth explanations of corporate taxation in the United States to informative lists and definitions of key business terms.

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