Ocwen Financial Corporation (OCN)
Stock Price:
$23.10 USD
-0.53 (-2.24%)
Updated Oct 30, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
200.22M |
| Revenue (ttm) |
1.03B |
| Net Income (ttm) |
-31.43M |
| Shares Out |
8.67M |
| EPS (ttm) |
-3.61 |
| PE Ratio |
n/a |
| Forward PE |
n/a |
| Dividend |
n/a |
| Dividend Yield |
n/a |
Stock Quote
| Trading Day |
Oct 30, 2020 |
| Last Price |
$23.10 |
| Previous Close |
$23.63 |
| Change ($) |
-0.53 |
| Change (%) |
-2.24% |
| Day's Open |
23.42 |
| Day's Range |
22.39 - 23.94 |
| Day's Volume |
58,680 |
| 52-Week Range |
4.22 - 29.50 |
More Stats
| Market Cap |
200.22M |
| Enterprise Value |
2.61B |
| Earnings Date (est) |
Mar 3, 2021 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
8.67M |
| Float |
7.48M |
| EPS (basic) |
-3.45 |
| EPS (diluted) |
-3.61 |
| FCF / Share |
30.12 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
| Earnings Yield |
n/a |
| FCF Yield |
130.12% |
| Payout Ratio |
n/a |
| Shares Short |
130,824 |
| Short Ratio |
1.50 |
| Short % of Float |
1.75% |
| Beta |
1.82 |
| PE Ratio |
n/a |
| Forward PE |
n/a |
| P/FCF Ratio |
0.77 |
| PS Ratio |
0.20 |
| PB Ratio |
0.51 |
| Revenue |
1.03B |
| Operating Income |
363.22M |
| Net Income |
-31.43M |
| Free Cash Flow |
260.53M |
| Net Cash |
-2.41B |
| Net Cash / Share |
-278.03 |
| Gross Margin |
98.86% |
| Operating Margin |
35.40% |
| Profit Margin |
-3.10% |
| FCF Margin |
25.39% |
| ROA |
2.80% |
| ROE |
-7.35% |
| ROIC |
-0.20% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (1)
| Buy |
0 |
| Overweight |
0 |
| Hold |
1 |
| Underweight |
0 |
| Sell |
0 |
Low
25.0
Current: $23.10
High
25.0
Target: 25.00
*Average 12-month price target from 1 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 1,123 | 1,063 | 1,195 | 1,387 | 1,741 | 2,111 | 2,038 | 845 | 496 | 360 |
| Revenue Growth | 5.68% | -11.01% | -13.88% | -20.33% | -17.54% | 3.58% | 141.16% | 70.44% | 37.6% | - |
| Gross Profit | 1,123 | 1,063 | 1,195 | 1,387 | 1,741 | 2,111 | 2,038 | 845 | 496 | 360 |
| Operating Income | 329 | 131 | 196 | 164 | 263 | 76.12 | 737 | 481 | 256 | 124 |
| Net Income | -142 | -70.77 | -128 | -200 | -247 | -470 | 310 | 181 | 78.33 | 37.98 |
| Shares Outstanding | 8.96 | 8.91 | 8.47 | 8.27 | 8.35 | 8.76 | 9.05 | 8.93 | 6.97 | 6.68 |
| Earnings Per Share | -15.90 | -7.95 | -15.15 | -24.15 | -29.55 | -54.00 | 31.95 | 19.65 | 10.65 | 5.40 |
| EPS Growth | - | - | - | - | - | - | 62.6% | 84.51% | 97.22% | - |
| Operating Cash Flow | 152 | 273 | 409 | 421 | 582 | 353 | 884 | 1,816 | 982 | 728 |
| Capital Expenditures | 10.58 | 7.81 | -1.67 | 24.60 | 649 | -11.14 | 6.09 | -19.22 | -3.82 | -1.39 |
| Free Cash Flow | 163 | 280 | 407 | 446 | 1,231 | 341 | 891 | 1,797 | 978 | 726 |
| Cash & Equivalents | 492 | 397 | 303 | 257 | 257 | 129 | 179 | 220 | 144 | 129 |
| Total Debt | 3,252 | 3,441 | 7,087 | 6,319 | 5,781 | 6,433 | 5,409 | 3,629 | 3,182 | 1,874 |
| Net Cash / Debt | -2,759 | -3,044 | -6,784 | -6,063 | -5,524 | -6,303 | -5,231 | -3,409 | -3,038 | -1,745 |
| Assets | 10,406 | 9,394 | 8,403 | 7,656 | 7,380 | 8,267 | 7,927 | 5,686 | 4,728 | 2,921 |
| Liabilities | 9,994 | 8,840 | 7,856 | 7,000 | 6,526 | 7,226 | 6,054 | 3,921 | 3,385 | 2,017 |
| Book Value | 412 | 555 | 545 | 653 | 852 | 1,038 | 1,813 | 1,611 | 1,343 | 905 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Ocwen Financial Corporation |
| Country |
United States |
| Employees |
5,500 |
| CEO |
Glen A. Messina |
Stock Information
| Ticker Symbol |
OCN |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Financial Services |
| Industry |
Mortgage Finance |
| Unique Identifier |
NYSE: OCN |
| IPO Date |
September 25, 1996 |
Description
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 Lending segments. It provides commercial mortgage loan servicing, special servicing, and asset management services, as well as residential mortgage loan servicing, such as conventional, government-insured, and non-agency loans to owners of mortgage loans and foreclosed real estate. The company also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels of reverse mortgage lending. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.