Onity Group Inc. (ONIT)

NYSE: ONIT · Real-Time Price · USD
30.48
-0.57 (-1.84%)
Dec 20, 2024, 4:00 PM EST - Market closed
-1.84%
Market Cap 239.83M
Revenue (ttm) 1.03B
Net Income (ttm) 14.50M
Shares Out 7.87M
EPS (ttm) 1.83
PE Ratio 16.63
Forward PE 3.72
Dividend n/a
Ex-Dividend Date n/a
Volume 44,990
Open 30.55
Previous Close 31.05
Day's Range 30.02 - 31.18
52-Week Range 22.40 - 36.91
Beta 1.87
Analysts Buy
Price Target 45.00 (+47.64%)
Earnings Date Nov 5, 2024

About ONIT

Onity Group Inc., 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, and non-a... [Read more]

Sector Financials
IPO Date Sep 25, 1996
Employees 4,500
Stock Exchange NYSE
Ticker Symbol ONIT
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Forecast

According to one analyst, the rating for ONIT stock is "Buy" and the 12-month stock price forecast is $45.0.

Price Target
$45.0
(47.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

Other symbols: BLND
9 days ago - Business Wire

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...

16 days ago - GlobeNewsWire

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...

18 days ago - GlobeNewsWire

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

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

Other symbols: RC
4 months ago - PRNewsWire

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 ...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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

7 months ago - GlobeNewsWire

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 ...

8 months ago - Seeking Alpha

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...

8 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

Ocwen Financial Corporation (OCN) Q4 2023 Earnings Call Transcript

Ocwen Financial Corporation (OCN) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

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...

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire