Onity Group Inc. (ONIT)

NYSE: ONIT · Real-Time Price · USD
31.94
-0.54 (-1.66%)
Feb 21, 2025, 4:00 PM EST - Market closed
-1.66%
Market Cap 251.32M
Revenue (ttm) 976.00M
Net Income (ttm) 33.40M
Shares Out 7.87M
EPS (ttm) 4.13
PE Ratio 7.73
Forward PE 3.59
Dividend n/a
Ex-Dividend Date n/a
Volume 43,941
Open 32.83
Previous Close 32.48
Day's Range 31.88 - 32.83
52-Week Range 22.40 - 41.27
Beta 1.87
Analysts Buy
Price Target 45.00 (+40.89%)
Earnings Date Feb 13, 2025

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
(40.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

8 days ago - Seeking Alpha

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 ...

8 days ago - GlobeNewsWire

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 ...

17 days ago - GlobeNewsWire

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 ...

18 days ago - GlobeNewsWire

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
2 months 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...

2 months 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...

2 months 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

3 months 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...

3 months 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...

3 months 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...

4 months 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...

4 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...

4 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...

5 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
6 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 ...

7 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...

7 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...

7 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...

9 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

9 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 ...

10 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...

10 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 ...

10 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...

11 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

11 months ago - GlobeNewsWire