Onity Group Inc. (ONIT)
| Market Cap | 247.61M |
| Revenue (ttm) | 976.00M |
| Net Income (ttm) | 33.40M |
| Shares Out | 7.87M |
| EPS (ttm) | 4.13 |
| PE Ratio | 7.62 |
| Forward PE | 3.84 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 16,010 |
| Open | 31.20 |
| Previous Close | 32.47 |
| Day's Range | 30.91 - 31.52 |
| 52-Week Range | 22.40 - 41.27 |
| Beta | 1.99 |
| Analysts | Buy |
| Price Target | 45.00 (+43.08%) |
| Earnings Date | May 1, 2025 |
About ONIT
Onity Group Inc., a financial services company, originates and services forward and reserve mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through the Servicing and Originations segments. The company offers owned mortgage servicing rights and subservicing products; conventional, government-insured, and non-agency mortgage loans, as well as reverse mortgage and multi-family loans; and residential forward mortgage and small commercial mortgage loans. It also originates and purchases ... [Read more]
Analyst Forecast
According to one analyst, the rating for ONIT stock is "Buy" and the 12-month stock price forecast is $45.0.
News
Onity Group to Present at Sidoti Virtual Investor Conference
WEST PALM BEACH, Fla., March 13, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that Glen Messina, Chair, President and Chief Executive Officer, and ...
PHH Mortgage Receives 2024 Fannie Mae Star Performer Award for Servicing Excellence
WEST PALM BEACH, Fla., March 06, 2025 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, ...
Onity Group Inc. (ONIT) Q4 2024 Earnings Call Transcript
Onity Group Inc. (NYSE:ONIT) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Valerie Haertel - Vice President, Investor Relations Glen Messina - Chairman, President...
Onity Group Announces Full-Year and Fourth Quarter 2024 Results
WEST PALM BEACH, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced its full-year and fourth quarter 2024 results and provided a business ...
Onity Group Schedules Conference Call – Fourth Quarter and Full-Year 2024 Results
WEST PALM BEACH, Fla., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Thursday, February 13, 2025 at ...
PHH Mortgage Enhances Proprietary Client Technology With AI Assistant
AI assistant, known as LASI, now available to enhance the client experience in LoanSpan, PHH's client analytics and reporting platform AI assistant, known as LASI, now available to enhance the client ...
PHH Mortgage Partners with Blend to Revolutionize Home Lending Operations
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced a partnership with PHH Mortgage, a subsidiary of Onity Grou...
Onity Group Names Valerie Haertel Vice President of Investor Relations
WEST PALM BEACH, Fla., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that Valerie Hae...
Onity Group Announces Closing of MSR Asset Vehicle Sale to Oaktree
WEST PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it has comp...
Onity Group Announces Closing of $500 Million of Senior Notes Due 2029
Enhances Capital Structure to Support Continued Growth and Profitability Enhances Capital Structure to Support Continued Growth and Profitability
Onity Group Inc. (ONIT) Q3 2024 Earnings Call Transcript
Onity Group Inc. (NYSE:ONIT) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Dico Akseraylian - Senior Vice President, Corporate Communications Glen Messina - Chairm...
Onity Group Announces Third Quarter 2024 Results
WEST PALM BEACH, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its third quarte...
Onity Group Schedules Conference Call – Third Quarter 2024 Results and Business Update
WEST PALM BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hol...
Onity Group Announces Pricing of $500 Million of Senior Notes Due 2029
WEST PALM BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC (“Escr...
Onity Group Announces Proposed Offering of $475 Million of Senior Notes Due 2029
WEST PALM BEACH, Fla., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC (“Escr...
Onity Group Announces Multiple Transactions to Accelerate Capital Restructuring
WEST PALM BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced multiple transa...
Waterfall Asset Management Expands Partnership with Onity Through Transfer of Reverse Mortgage Assets
NEW YORK , Aug. 13, 2024 /PRNewswire/ -- Waterfall Asset Management, LLC ("Waterfall" or the "Firm"), a global alternative investment adviser with a focus on specialized asset oriented markets, announ...
Onity Group Inc. (ONIT) Q2 2024 Earnings Call Transcript
Onity Group Inc. (NYSE:ONIT) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Dico Akseraylian - SVP, Corporate Communications Glen Messina - Chair and CEO Sean O'Neil ...
Onity Group Announces Second Quarter 2024 Results
WEST PALM BEACH, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its second quart...
Onity Group Schedules Conference Call – Second Quarter 2024 Results and Business Update
WEST PALM BEACH, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hol...
Ocwen Financial Officially Rebrands as Onity™ Group
WEST PALM BEACH, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it has offi...
Ocwen Financial Announces Shareholder Approval to Rebrand as Onity™ Group
New name and NYSE trading symbol (“ONIT”) expected to be effective June 10, 2024 PHH Mortgage expected to rebrand to Onity Mortgage in the fall of 2024
Ocwen Financial Corporation (OCN) Q1 2024 Earnings Call Transcript
Ocwen Financial Corporation (NYSE:OCN) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Dico Akseraylian - SVP, Corporate Communications Glen Messina - Chair and CEO Sean ...
Ocwen Financial Announces First Quarter 2024 Results
WEST PALM BEACH, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its fir...
Ocwen Financial Schedules Conference Call – First Quarter 2024 Results and Business Update
WEST PALM BEACH, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that ...