Replies to post #685161 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

Fact: COOP's book value increased to $62 now or somewhere in that range in Q1 due to a > $1 billion mark-up of their huge MSR portfolio in Q1 and the $225 million gain they will post because of their stake in Sagent.

This $62 are calculated with 74M O/S and does not consider a potential 5 to 6 million shares repurchase that could have happened up to now, and this $62 does not consider a potential sale of XOME for $1 billion or more.

With both things (6 million buyback and the sale of XOME) COOP's book value will be more around $80. And there are companies trading at a multiple of book value.

So I'd say these analysts know what they are talking about...

I hope COOP will start paying a dividend soon to stop this UNDERVALUED PPS!

Your post:

Do these analysts have a clue about the fundamental price target? Absolutely not. They are guessing based upon the incomplete information and limited knowledge. I have seen these analysts change their targets on a dime especially in the prevailing environment where all stocks are experiencing a correction.