Home > Boards > US Listed > Banking and Finance > Mr. Cooper Group, Inc. (COOP)

Will history repeat? Nationstar went straight to $58.50

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
JusticeWillWin Member Profile
 
Followed By 55
Posts 5,070
Boards Moderated 0
Alias Born 06/05/14
160x600 placeholder
Annual Report (10-k) Edgar (US Regulatory) - 2/23/2021 7:05:20 AM
Mr. Cooper EPS beats by $0.20, beats on revenue Seeking Alpha - 2/23/2021 7:03:10 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 2/23/2021 7:01:15 AM
Mr. Cooper Group Reports Fourth Quarter 2020 Financial Results Business Wire - 2/23/2021 7:00:00 AM
Mr. Cooper Group Inc. to Present at the Credit Suisse Virtual Financial Services Forum Business Wire - 2/18/2021 5:56:00 PM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/12/2021 9:02:48 AM
Mr. Cooper Group Inc. to Discuss Fourth Quarter 2020 Financial Results on February 23, 2021 Business Wire - 2/2/2021 4:00:00 PM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 1/27/2021 6:04:02 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/7/2020 4:01:17 PM
Mr. Cooper Group Announces Resolution of Regulatory Matters Business Wire - 12/7/2020 10:48:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/4/2020 4:16:58 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 12/2/2020 9:13:12 AM
Mr. Cooper Group Inc. Announces Pricing of Offering of $650 Million of Senior Notes Business Wire - 12/2/2020 7:00:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/27/2020 5:19:08 PM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 11/20/2020 4:44:52 PM
Initial Statement of Beneficial Ownership (3) Edgar (US Regulatory) - 11/20/2020 4:41:23 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/12/2020 7:01:38 AM
Quarterly Report (10-q) Edgar (US Regulatory) - 10/29/2020 7:14:05 AM
Mr. Cooper Group Reports Third Quarter 2020 Financial Results Business Wire - 10/29/2020 7:00:00 AM
Mr. Cooper Group Inc. to Discuss Third Quarter 2020 Financial Results on October 29, 2020 Business Wire - 10/13/2020 4:00:00 PM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 10/9/2020 9:16:31 AM
Mr. Cooper Group Recognized as a Great Place to Work Business Wire - 9/21/2020 9:00:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 9/15/2020 7:03:12 AM
Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference Business Wire - 9/9/2020 4:00:00 PM
Etsy, Teradyne and Catalent Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 PR Newswire (US) - 9/4/2020 6:02:00 PM
JusticeWillWin   Monday, 01/18/21 02:27:00 AM
Re: None
Post # of 649903 
Will history repeat? Nationstar went straight to $58.50 in 2013, years before the merger with WMIH (former WMI, Washington Mutual Inc.) and renaming to Mr. Cooper Groop (COOP)

Nationstar had almost the same share structure and number of outstanding shares as COOP has, but they HAD NOT the $5.9 billion(!) NOLs Mr. Cooper has from the Washington Mutual Inc. bankruptcy.

And they had not the optimized business model and the digital infrastructure that COOP has today! And there was no "refinancing tsunami" caused by COVID-19, as in the last months!

I think many new investors don't know this! Applying a fair P/E (14, which is typical in the mortgage sector) to the expected EPS of COOP, and the PPS should be at $60+ IMO

Nationstar went straight from ~$13 to $58.50 (the dark blue chart, the other one is the 30 year rate...), and probably a rising mortgage rate in 2021 would be a booster...



======> JUST MY PERSONAL OPINION, NO INVESTMENT ADVICE!
======> I am long COOP, FNMA, FMCC
======> #ShareholderRightsMatter

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences