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Mr Cooper Group Advances Merger with Rocket Companies

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Mr Cooper Group Advances Merger with Rocket Companies

Confident Investing Starts Here:

An update from Mr Cooper Group ( (COOP) ) is now available.

On March 31, 2025, Mr. Cooper Group Inc. entered into a Merger Agreement with Rocket Companies, Inc., involving a series of mergers that will result in Mr. Cooper becoming a wholly-owned subsidiary of Rocket. The expiration of the HSR Act waiting period on June 4, 2025, marked a significant step towards the completion of the mergers, which are expected to close in the fourth quarter of 2025, pending other regulatory approvals and stockholder consent.

The most recent analyst rating on (COOP) stock is a Hold with a $143.00 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 Outperform.

Mr Cooper Group’s overall stock score reflects strong earnings call performance and positive technical indicators, despite mixed financial results and valuation. The successful integration of acquisitions and strategic growth opportunities contribute positively, while revenue and cash flow challenges remain areas for improvement.

To see Spark’s full report on COOP stock, click here.

More about Mr Cooper Group

Average Trading Volume: 1,096,514

Technical Sentiment Signal: Buy

Current Market Cap: $8.4B

For an in-depth examination of COOP stock, go to TipRanks’ Stock Analysis page.

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