Onity Group Inc. (ONIT)

NYSE: ONIT · Real-Time Price · USD
30.45
-0.39 (-1.26%)
Oct 2, 2024, 4:00 PM EDT - Market closed
-1.26%
Market Cap 238.88M
Revenue (ttm) 1.02B
Net Income (ttm) 1.60M
Shares Out 7.85M
EPS (ttm) 0.21
PE Ratio 146.96
Forward PE 3.98
Dividend n/a
Ex-Dividend Date n/a
Volume 7,297
Open 30.32
Previous Close 30.84
Day's Range 30.32 - 31.36
52-Week Range 21.15 - 36.91
Beta 1.84
Analysts Buy
Price Target 35.00 (+14.94%)
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 $35.0.

Price Target
$35.0
(14.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

3 days 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
7 weeks 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 ...

2 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...

2 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...

2 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...

4 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

4 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 ...

5 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...

5 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 ...

5 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...

6 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

6 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...

7 months ago - GlobeNewsWire

Ocwen Financial Corporation (OCN) Q4 2023 Earnings Call Transcript

Ocwen Financial Corporation (OCN) Q4 2023 Earnings Call Transcript

7 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...

7 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...

8 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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 ...

11 months ago - Seeking Alpha

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...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

Ocwen Financial Corporation (OCN) Q2 2023 Earnings Call Transcript

Ocwen Financial Corporation (NYSE:OCN) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Dico Akseraylian - SVP, Communications Glen Messina - CEO, President and Chair o...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Ocwen Financial Corporation (OCN) Q1 2023 Earnings Call Transcript

Ocwen Financial Corporation (NYSE:OCN) Q1 2023 Results Conference Call May 4, 2023 8:30 AM ET Company Participants Dico Akseraylian - SVP of Communications Glen Messina - CEO, President and Chair of ...

1 year ago - Seeking Alpha