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UPDATED $COOP price targets===>DEUTSCHE BANK:$88, Piper Sandler:$88, KBW:$81, UBS:$86, Wedbush:$85, Barclays:$80, Compass Point:$76
WTF? COOP price target $917.80 seems a little bit too exaggerated IMO
https://bnnbreaking.com/finance-nav/analysts-raise-price-target-for-mr-cooper-group-inc-coop-as-financial-milestones-impress
Must be an error, or where does this "average" come from? Maybe a generated article, with a wrong source...
====>GREAT OUTLOOK for COOP SHAREHOLDERS in 2024/2025
See: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173821650
Also Piper Sandler RAISED COOP by $9, see
https://thefly.com/news.php?symbol=COOP
That's the 4th ANALYST that RAISED COOP TODAY!
Mr. Cooper Group Inc. PT Raised to $80 at Barclays
https://www.streetinsider.com/Analyst+PT+Change/Mr.+Cooper+Group+Inc.+%28COOP%29+PT+Raised+to+%2480+at+Barclays/22753174.html
Mr. Cooper Group Inc. PT Raised to $85 at Wedbush
https://www.streetinsider.com/Analyst+PT+Change/Mr.+Cooper+Group+Inc.+%28COOP%29+PT+Raised+to+%2485+at+Wedbush/22753539.html
Mr. Cooper price target raised by $6 at UBS, here's why
https://realmoney.thestreet.com/recommendations/coop-mr-cooper-price-target-raised-by-at-ubs-heres-why
>>>>HIGHLIGHTS from the COOP 4Q'23 EARNINGS CALL<<<<
Recording of the webcast: https://edge.media-server.com/mmc/p/y3cdmnwt/
Presentation: https://s1.q4cdn.com/275823140/files/doc_financials/2023/q4/4Q-23-Earnings-Presentation-FINAL.pdf
Transcript: https://www.businesswire.com/news/home/20240209042862/en/Mr.-Cooper-Group-Reports-Fourth-Quarter-2023-Results
My favorite parts are...
You are absolutely right, shorts will never go to ZERO for this reason. I think <1M could he considered as low and < 500k as extremely low for COOP
Sure, it's the same with many weak long sold out at the bottom $4.31, many weak shorts whose book losses get bigger and bigger pull the ripcord at this new high, especially because COOP's guidance for 2024 and 2025 is great and we can expect an even higher PPS. Why should they hold their short position and increase their losses instead of closing the position now?!?
Short-interest slightly increased to 1.66M as of 01/31/2024
https://www.nasdaq.com/market-activity/stocks/coop/short-interest
But I think during the last days and especially today many shorts covered IMO
And also ABSOLUTELY GREAT:
And also a GREAT STATEMENT:
The part of the TRANSCRIPT I LIKE MOST=====>
https://www.fool.com/earnings/call-transcripts/2024/02/09/mr-cooper-group-coop-q4-2023-earnings-call-transcr/
Latest COOP SHORT-INTEREST today after 4:00 p.m. ET
Dissemination dates: https://www.nasdaqtrader.com/Trader.aspx?id=ShortIntPubSch
COOP short-interest: https://www.nasdaq.com/market-activity/stocks/coop/short-interest
======>COOP 4Q'23 EARNINGS CALL TRANSCRIPT<=========
https://www.fool.com/earnings/call-transcripts/2024/02/09/mr-cooper-group-coop-q4-2023-earnings-call-transcr/
Seems SHORTS are in BIG TROUBLE, COOP expecting growth in 2024 and 2025!
Moody's upgraded COOP to Ba3 end of 4Q'23
Page 14: https://s1.q4cdn.com/275823140/files/doc_financials/2023/q4/4Q-23-Earnings-Presentation-FINAL.pdf
1.1 TRILLION portfolio expected end of 1Q'24!
Page 7: https://s1.q4cdn.com/275823140/files/doc_financials/2023/q4/4Q-23-Earnings-Presentation-FINAL.pdf
>>>PRESENTATION and WEBCAST LINK for 10:00 A.M. ET EARNINGS CALL<<<<
Webcast: https://edge.media-server.com/mmc/p/y3cdmnwt/
Presentation: https://s1.q4cdn.com/275823140/files/doc_financials/2023/q4/4Q-23-Earnings-Presentation-FINAL.pdf
Credit Suisse did not update their target for a long time. But when I simply leave out these old targets, people say I ignore the low targets...
====>Mr. Cooper Group Reports Fourth Quarter 2023 Results<====
From: https://www.businesswire.com/news/home/20240209042862/en/Mr.-Cooper-Group-Reports-Fourth-Quarter-2023-Results
LATEST $COOP price targets===>DEUTSCHE BANK:$88, KBW:$81, UBS:$80, Wedbush:$80, Piper Sandler:$79, Compass Point:$76, Barclays:$74, Credit Suisse:$64
COOP Q4 2023 earnings call TOMORROW 10:00 A.M. ET
https://www.businesswire.com/news/home/20240111855154/en/Mr.-Cooper-Group-Inc.-to-Discuss-Fourth-Quarter-2023-Financial-Results-on-February-9-2024
BTIG calls Mr. Cooper 'powerhouse in mortgage servicing'
https://realmoney.thestreet.com/recommendations/coop-btig-calls-mr-cooper-powerhouse-in-mortgage-servicing
Would be GREAT when COOP ANNOUNCES A DIVIDEND in the earnings call on Friday instead of additional STOCK BUYBACKS in my opinion!
Only 2 BUSINESS DAYS until COOP Q4 2023 EARNINGS CALL on Feb. 9
https://www.businesswire.com/news/home/20240111855154/en/Mr.-Cooper-Group-Inc.-to-Discuss-Fourth-Quarter-2023-Financial-Results-on-February-9-2024
Only 3 BUSINESS DAYS until COOP Q4 2023 EARNINGS CALL on Feb. 9
https://www.businesswire.com/news/home/20240111855154/en/Mr.-Cooper-Group-Inc.-to-Discuss-Fourth-Quarter-2023-Financial-Results-on-February-9-2024
Low-volume setback as always before the earnings...
Only 4 BUSINESS DAYS until COOP Q4 2023 EARNINGS CALL on Feb. 9 (pre-market)
https://www.businesswire.com/news/home/20240111855154/en/Mr.-Cooper-Group-Inc.-to-Discuss-Fourth-Quarter-2023-Financial-Results-on-February-9-2024
8K from 01/29/2024 also says 64.6M outstanding shares as of Dec. 31, 2023
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/933136/000115752324000124/a53888532.htm
Middle if the page:
Ending shares of common stock outstanding 64.6
Only 5 BUSINESS DAYS until COOP Q4 2023 EARNINGS CALL on Feb. 9 (pre-market)
https://www.businesswire.com/news/home/20240111855154/en/Mr.-Cooper-Group-Inc.-to-Discuss-Fourth-Quarter-2023-Financial-Results-on-February-9-2024
COOP could be $85+ INSTANTLY when NEWS about the successful MONETIZATION of XOME (which is a STRATEGIC INITIATIVE according to their latest 10-Q) hit the wires...
Only 6 BUSINESS DAYS until COOP Q4 2023 EARNINGS CALL on Feb. 9 (pre-market)
https://www.businesswire.com/news/home/20240111855154/en/Mr.-Cooper-Group-Inc.-to-Discuss-Fourth-Quarter-2023-Financial-Results-on-February-9-2024
Offering...expected to close on or around February 1, 2024
https://www.businesswire.com/news/home/20240129619676/en/Mr.-Cooper-Group-Inc.-Announces-Pricing-of-Offering-of-1-Billion-of-Senior-Notes
COOP price targets===>DEUTSCHE BANK:$88, KBW:$81, UBS:$80, Wedbush:$80, Piper Sandler:$79, Compass Point:$76, Barclays:$74, Credit Suisse:$64