ONIT Stock Overview
A financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
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Onity Group Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$30.22 |
| 52 Week High | US$36.91 |
| 52 Week Low | US$22.40 |
| Beta | 1.87 |
| 1 Month Change | -2.23% |
| 3 Month Change | -11.04% |
| 1 Year Change | -1.76% |
| 3 Year Change | -24.39% |
| 5 Year Change | 52.63% |
| Change since IPO | -80.10% |
Recent News & Updates
Recent updates
Ocwen Financial Corporation: Need More To Make This A Buy
Jul 18Analysts Are Updating Their Ocwen Financial Corporation (NYSE:OCN) Estimates After Its First-Quarter Results
May 06
Is Now The Time To Put Ocwen Financial (NYSE:OCN) On Your Watchlist?
Mar 02Ocwen Financial names CEO Messina as board chair
Jan 23Ocwen Financial Q3 2022 Earnings Preview
Nov 02Ocwen: Fundamental Stability And Strategy Amidst Market Volatility
Aug 31Time To Worry? Analysts Just Downgraded Their Ocwen Financial Corporation (NYSE:OCN) Outlook
Mar 01Ocwen Financial agrees to acquire Reverse Mortgage Servicing Platform
Jun 18Here's Why Shareholders May Want To Be Cautious With Increasing Ocwen Financial Corporation's (NYSE:OCN) CEO Pay Packet
May 19Ocwen Financial's(NYSE:OCN) Share Price Is Down 70% Over The Past Five Years.
Dec 24Shareholder Returns
| ONIT | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -0.9% | 0.3% | 0.6% |
| 1Y | -1.8% | 25.5% | 23.8% |
Return vs Industry: ONIT underperformed the US Diversified Financial industry which returned 25.9% over the past year.
Return vs Market: ONIT underperformed the US Market which returned 24.6% over the past year.
Price Volatility
| ONIT volatility | |
|---|---|
| ONIT Average Weekly Movement | 3.8% |
| Diversified Financial Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ONIT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ONIT's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | 4,300 | Glen Messina | www.onitygroup.com |
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-agency loans, including the reverse mortgage loans classified as loans.
Onity Group Inc. Fundamentals Summary
| ONIT fundamental statistics | |
|---|---|
| Market cap | US$240.93m |
| Earnings (TTM) | US$14.50m |
| Revenue (TTM) | US$1.03b |
16.4x
P/E Ratio0.2x
P/S RatioIs ONIT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ONIT income statement (TTM) | |
|---|---|
| Revenue | US$1.03b |
| Cost of Revenue | US$48.50m |
| Gross Profit | US$980.00m |
| Other Expenses | US$965.50m |
| Earnings | US$14.50m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.84 |
| Gross Margin | 95.28% |
| Net Profit Margin | 1.41% |
| Debt/Equity Ratio | 2,571.6% |
How did ONIT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:39 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Onity Group Inc. is covered by 15 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Kenneth Bruce | BofA Global Research |
| Matthew Howlett | B. Riley Securities, Inc. |