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Mr Cooper Group ( (COOP) ) just unveiled an announcement.
On March 31, 2025, Mr. Cooper Group Inc. and Rocket Companies, Inc. entered into a merger agreement where Mr. Cooper will become a wholly owned subsidiary of Rocket. The merger involves complex transactions including the redemption of Nationstar’s outstanding senior notes due in 2026, 2027, and 2028, contingent upon the merger’s completion by October 1, 2025. The merger is subject to regulatory approvals, stockholder approval, and other customary conditions, with potential impacts on business operations and market positioning.
The most recent analyst rating on (COOP) stock is a Hold with a $197.00 price target. To see the full list of analyst forecasts on Mr Cooper Group stock, see the COOP Stock Forecast page.
Spark’s Take on COOP Stock
According to Spark, TipRanks’ AI Analyst, COOP is a Neutral.
Mr Cooper Group’s overall stock score reflects a balance of strong technical momentum and positive earnings call highlights against financial performance concerns and legal challenges in the merger process. The stock’s valuation is moderate, but liquidity issues and high leverage remain significant risks.
To see Spark’s full report on COOP stock, click here.
More about Mr Cooper Group
Average Trading Volume: 1,116,961
Technical Sentiment Signal: Buy
Current Market Cap: $13.72B
For a thorough assessment of COOP stock, go to TipRanks’ Stock Analysis page.