Onity Group Inc. (ONIT)
Market Cap | 237.39M |
Revenue (ttm) | 1.03B |
Net Income (ttm) | 14.50M |
Shares Out | 7.87M |
EPS (ttm) | 1.83 |
PE Ratio | 16.46 |
Forward PE | 3.93 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 32,957 |
Open | 30.57 |
Previous Close | 30.52 |
Day's Range | 29.71 - 30.57 |
52-Week Range | 22.40 - 36.91 |
Beta | 1.86 |
Analysts | Buy |
Price Target | 45.00 (+49.16%) |
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]
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 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 ...
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 Corporation (OCN) Q4 2023 Earnings Call Transcript
Ocwen Financial Corporation (OCN) Q4 2023 Earnings Call Transcript
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 Corporation (OCN) Q3 2023 Earnings Call Transcript
Ocwen Financial Corporation (NYSE:OCN) Q3 2023 Results Conference Call November 7, 2023 8:30 AM ET Company Participants Dico Akseraylian - SVP, Communications Glen Messina - CEO, President and Chair ...
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...