Sector: Financials | Industry: Consumer Lending |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 8950 Cypress Waters Blvd COPPELL TX 75019 |
Tel: | N/A |
Website: | https://www.mrcoopergroup.com |
IR: | See website |
Key People | ||
Jay Bray Chairman of the Board, President, Chief Executive Officer | Christopher Marshall Vice Chairman, Chief Financial Officer | Michael R. Rawls Chief Executive Officer - Xome Holdings LLC |
Anthony Ebers Chief Operating Officer, Executive Vice President | Eldridge A. Burns Executive Vice President, Chief Legal Officer |
Business Overview |
Mr. Cooper Group Inc., formerly WMIH Corp, provides servicing, origination and transaction-based services related principally to single-family residences throughout the United States. It offers mortgage servicing and a loan originations platform. The Company operates through its subsidiary, Nationstar Mortgage Holdings Inc. it operates through its brands, such as Mr. Cooper, Xome and Champion Mortgage. The Company's Mr. Cooper brand is a home loan servicers that is focused on providing a variety of servicing and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies. Champion Mortgage is a reverse mortgage servicer. |
Financial Overview |
For the nine months ended 30 September 2020, Mr.Cooper Group Inc revenues increased 40% to $1.78B. Netincome applicable to common stockholders totaled $111M vs.loss of $190M. Revenues reflect Originations segmentincrease from $598M to $1.54B, Xome segment increase of 45%to $320M. Net Income reflects Interest expense decrease of7% to $534M (expense). Basic Earnings per Share excludingExtraordinary Items increased from -$2.09 to $1.20. |
Employees: | 9,100 as of Dec 31, 2019 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $18,876M as of Sep 30, 2020 |
Annual revenue (TTM): | $2,520M as of Sep 30, 2020 |
EBITDA (TTM): | $868.00M as of Sep 30, 2020 |
Net annual income (TTM): | $572.00M as of Sep 30, 2020 |
Free cash flow (TTM): | $2,422M as of Sep 30, 2020 |
Net Debt Last Fiscal Year: | $16,138M as of Sep 30, 2020 |
Shares outstanding: | 90,853,569 as of Oct 23, 2020 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |