Ocwen Financial Corporation (OCN)
Market Cap | 180.20M |
Revenue (ttm) | 1.07B |
Net Income (ttm) | -63.70M |
Shares Out | 7.68M |
EPS (ttm) | -8.34 |
PE Ratio | n/a |
Forward PE | 4.25 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 7,118 |
Open | 22.72 |
Previous Close | 23.06 |
Day's Range | 22.72 - 23.50 |
52-Week Range | 21.15 - 35.79 |
Beta | 1.90 |
Analysts | Buy |
Price Target | 39.00 (+66.31%) |
Earnings Date | May 2, 2024 |
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. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for OCN stock is "Buy." The 12-month stock price forecast is $39.0, which is an increase of 66.31% from the latest price.
News
Ocwen Financial Announces Intention to Rebrand as Onity™ Group
Name change proposal to be submitted for approval at upcoming Annual Meeting of Shareholders New name embodies the Company's transformation into a balanced and diversified business Ocwen subsidiary PH...
Ocwen Financial Corporation Announces Appointment of Claudia Merkle to Board of Directors
Phyllis Caldwell Will Not Stand for Re-election at 2024 Annual Meeting of Shareholders Phyllis Caldwell Will Not Stand for Re-election at 2024 Annual Meeting of Shareholders
PHH Mortgage Recognized by Fannie Mae as a 2023 Star Performer
WEST PALM BEACH, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and or...
Ocwen Financial Announces Full Year and Fourth Quarter 2023 Results
WEST PALM BEACH, Fla., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its fu...
Ocwen Financial Schedules Conference Call – Fourth Quarter and Full Year 2023 Results
WEST PALM BEACH, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that i...
PHH Mortgage Announces New Subservicing Agreement With Zillow Home Loans
Agreement expands existing correspondent relationship to strategic servicing partner Initial onboarding of loans completed in August 2023 WEST PALM BEACH, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- PHH M...
Ocwen Financial Announces Third Quarter 2023 Results
WEST PALM BEACH, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its th...
Ocwen Financial Schedules Conference Call – Third Quarter 2023 Results and Business Update
WEST PALM BEACH, Fla., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that i...
Liberty Reverse Mortgage Wins National Association Of Mortgage Brokers 2023 Affiliate Of The Year Award
WEST PALM BEACH, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Liberty Reverse Mortgage (“Liberty” or the “Company”), one of the nation's largest and most experienced reverse mortgage lenders and the only ...
Ocwen Financial Announces Second Quarter 2023 Results
WEST PALM BEACH, Fla., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its se...
Ocwen Financial Schedules Conference Call – Second Quarter 2023 Results and Business Update
WEST PALM BEACH, Fla., July 27, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that i...
Ocwen Financial Announces First Quarter 2023 Results
WEST PALM BEACH, Fla., May 04, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its fir...
PHH Mortgage Announces New Subservicing Agreement with Finance of America Reverse
WEST PALM BEACH, Fla., May 03, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage Corporation (“PHH” or the “Company”), a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servi...
Ocwen Financial Comments on U.S. District Court's Favorable Decision in CFPB Matter
WEST PALM BEACH, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today issued the follow...
Ocwen Financial Schedules Conference Call – First Quarter 2023 Results and Business Update
WEST PALM BEACH, Fla., April 26, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that ...
PHH Mortgage Renews Partnership with NAACP to Help Homeowners Through Virtual Borrower Outreach Series
Fourth consecutive year partnering with NAACP for annual borrower outreach series 40 regional virtual events planned for 2023 WEST PALM BEACH, Fla., April 25, 2023 (GLOBE NEWSWIRE) -- PHH Mortgage, a ...
PHH Mortgage Announces Initial Results of New Subservicing Relationship With Sierra Pacific
Achieving substantial improvements in customer experience and servicing oversight costs Achieving substantial improvements in customer experience and servicing oversight costs
PHH Mortgage Recognized by Fannie Mae as a 2022 Star Performer
Awarded for the second consecutive year Awarded for the second consecutive year
Ocwen Financial Announces Full Year and Fourth Quarter 2022 Results
WEST PALM BEACH, Fla., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its fu...
PHH Mortgage Honored by Freddie Mac for Superior Loan Servicing
Awarded for the third consecutive year Awarded for the third consecutive year
Ocwen Financial Schedules Conference Call – Fourth Quarter and Full-Year 2022 Results
WEST PALM BEACH, Fla., Feb. 17, 2023 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that i...
Ocwen Financial President and CEO Glen Messina Appointed as Board Chair
Phyllis Caldwell to Remain on the Board; Kevin Stein to Assume the Role of Lead Independent Director Phyllis Caldwell to Remain on the Board; Kevin Stein to Assume the Role of Lead Independent Directo...
Ocwen Financial Announces Third Quarter 2022 Results
Completes agreement with Oaktree for incremental $250 million investment to acquire additional MSRs through MSR Asset Vehicle Completes agreement with Oaktree for incremental $250 million investment t...
Ocwen Financial Schedules Conference Call – Third Quarter 2022 Results and Business Update
WEST PALM BEACH, Fla., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that i...
PHH Mortgage Names Industry Veteran Michael Keaton as Senior Vice President of Default Subservicing
30 years of experience in mortgage subservicing and default servicing