Ocwen Financial Corporation (OCN)
| Market Cap | 275.01M |
| Revenue (ttm) | 914.66M |
| Net Income (ttm) | -6.15M |
| Shares Out | 8.69M |
| EPS (ttm) | -0.71 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | May 7 |
| Last Price | $31.25 |
| Previous Close | $31.75 |
| Change ($) | -0.50 |
| Change (%) | -1.57% |
| Day's Open | 31.81 |
| Day's Range | 31.02 - 31.97 |
| Day's Volume | 39,748 |
| 52-Week Range | 0.44 - 34.00 |
WEST PALM BEACH, Fla., May 06, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the compl...
Continued earnings improvement and strong originations activity
WEST PALM BEACH, Fla., April 26, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it...
Agreements Accelerate Growth Plans for Servicing and Correspondent Lending Agreements Accelerate Growth Plans for Servicing and Correspondent Lending
WEST PALM BEACH, Fla., April 21, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following st...
WEST PALM BEACH, Fla., March 29, 2021 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and orig...
WEST PALM BEACH, Fla., March 10, 2021 (GLOBE NEWSWIRE) -- PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced the ren...
WEST PALM BEACH, Fla., March 05, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following st...
Enhances Capital Structure and Increases Financial Flexibility to Support Continued Growth and Investment in the Company Enhances Capital Structure and Increases Financial Flexibility to Support Continu...
WEST PALM BEACH, Fla., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its...
WEST PALM BEACH, Fla., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its...
Executed agreement with Oaktree follows rigorous strategic review process
Henley brings more than 25 years of mortgage industry experience and strong originations growth track record to Ocwen Henley brings more than 25 years of mortgage industry experience and strong originat...
WEST PALM BEACH, Fla., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it ...
WEST PALM BEACH, Fla., Feb. 02, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its...
Leon Cooperman (Trades, Portfolio), founder of Omega Advisors, has revealed a reduction in his Ocwen Financial Corp. (NYSE:OCN) position according to GuruFocus' Real-Time Picks, a Premium feature.
WEST PALM BEACH, Fla., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today issued the followi...
Enters into definitive agreement with Oaktree to launch MSR investment vehicle; expected to add approximately $50 to $60 billion of subservicing
Enhancement to Servicing Platform Delivers Convenience and Insight for Customers Enhancement to Servicing Platform Delivers Convenience and Insight for Customers
Ocwen Financial Corporation (OCN) CEO Glen Messina on Q3 2020 Results - Earnings Call Transcript
WEST PALM BEACH, Fla., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today issued the followi...
WEST PALM BEACH, Fla., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Tuesday, October 20, 2020 at 8:30 a.m. (ET) to ...
$2.5 billion in originations volume in August, nearly double June volume
WEST PALM BEACH, Fla., Aug. 03, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that i...
WEST PALM BEACH, Fla., July 23, 2020 (GLOBE NEWSWIRE) -- PHH Mortgage , a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced an...
Preliminary second quarter results demonstrate continued momentum in operating and financial performance
WEST PALM BEACH, Fla., July 13, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”) will hold a conference call on Friday, July 17, 2020 at 8:30 a.m. (ET) to re...
Ocwen Financial Corporation (OCN) CEO Glen Messina on Q1 2020 Results - Earnings Call Transcript
Shares of Ocwen Financial (NYSE:OCN) rose 5% in pre-market trading after the company reported Q1 results.
WEST PALM BEACH, Fla., April 13, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that ...
Ocwen Financial Corp., a non-bank mortgage serviceds and originator, said Friday it can no longer affirm its financial guidance given the uncertainty created by the coronavirus pandemic.
Taking Decisive Action to Address COVID-19
Ocwen Financial Corporation (OCN) CEO Glen Messina on Q4 2019 Results - Earnings Call Transcript
A big-name investor talked up the shares during a midday television appearance.
WEST PALM BEACH, Fla., Jan. 27, 2020 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, announced today that i...
Ocwen's acquisition looks like a mistake.
Ocwen Financial Corporation (OCN) CEO Glen Messina on Q3 2019 Results - Earnings Call Transcript
WEST PALM BEACH, Fla., Oct. 24, 2019 (GLOBE NEWSWIRE) -- PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading mortgage servicer and provider of mortgage lending solution...
Award Recognizes Ocwen’s Long-Standing Commitment and Support to Helping Homeowners and Communities through Sustainable Home Retention Solutions Award Recognizes Ocwen’s Long-Standing Commitment and Sup...
Insiders invest in Tenneco, Ocwen Financial and Southwestern Energy.
EVP & CFO of Ocwen Financial Corp (30-Year Financial, Insider Trades) June C Campbell (insider trades) bought 33,750 shares of OCN on 08/14/2019 at an average price of $1.5 a share.
President & CEO of Ocwen Financial Corp (30-Year Financial, Insider Trades) Glen A.
Ocwen Financial Corporation (OCN) CEO Glen Messina on Q2 2019 Results - Earnings Call Transcript
Ocwen Financial Corporation (OCN) CEO Glen Messina on Q1 2019 Results - Earnings Call Transcript
About OCN
Ocwen Financial Corporation, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through Servicing and Originations segments. It provides commercial mortgage loan servicing, special servicing, and asset management services, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans to owners of mortgage loans and for... [Read more...]
| Industry Mortgage Finance | IPO Date Sep 25, 1996 |
| CEO Glen Messina | Employees 5,000 |
| Stock Exchange NYSE | Ticker Symbol OCN |
Financial Performance
In 2020, OCN's revenue was $960.91 million, a decrease of -14.46% compared to the previous year's $1.12 billion. Losses were -$40.18 million, -71.73% less than in 2019.
Analyst Forecasts
According to one analyst, the rating for OCN stock is "Hold" and the 12-month stock price forecast is 25.00.