Ocwen Financial Corporation (OCN)

Market Cap	185.10M
Revenue (ttm)	953.90M
Net Income (ttm)	25.70M
Shares Out	7.53M
EPS (ttm)	2.85
PE Ratio	8.63
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	26,405
Open	24.27
Previous Close	23.55
Day's Range	24.16 - 25.16
52-Week Range	17.76 - 37.17
Beta	2.04
Analysts	Buy
Price Target	42.50 (+72.83%)
Earnings Date	May 4, 2023

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...

• Industry: Mortgage Finance
• Sector: Financials
• IPO Date: Sep 25, 1996
• Employees: 5,100
• Stock Exchange: NYSE
• Ticker Symbol: OCN

Financial Performance

In 2022, OCN's revenue was $953.90 million, a decrease of -9.16% compared to the previous year's $1.05 billion. Earnings were $25.70 million, an increase of 41.99%.

Analyst Forecast

According to 8 analysts, the average rating for OCN stock is "Buy." The 12-month stock price forecast is $42.5, which is an increase of 72.83% from the latest price.

Price Target

$42.5

(72.83% upside)

Analyst Consensus: Buy