Ocwen/$ONIT

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About Ocwen

Onity Group Inc is a non-bank mortgage servicer and originator providing solutions through its brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the servicers in the country, focused on delivering a variety of servicing and lending programs. Liberty is one of the nation's reverse mortgage lenders dedicated to education and providing loans that help customers meet their personal and financial needs.

Ticker

$ONIT

Primary listing

NYSE

Industry

Financial Services

Employees

4,200

ISIN

US6757466064

Ocwen Metrics

BasicAdvanced
$310M
12.97
$2.98
1.67
-

Bulls say / Bears say

Onity Group (formerly Ocwen Financial) reported a significant earnings beat in Q1 2024, with earnings per share of $1.74, surpassing the consensus estimate of $1.21, indicating strong financial performance. (Nasdaq)
The company's rebranding to Onity Group and the associated strategic initiatives may enhance brand perception and market positioning, potentially leading to increased investor confidence. (StockTitan)
Onity Group's subsidiary, PHH Mortgage, was recognized by Fannie Mae as a 2023 STAR Performer for the third consecutive year, reflecting operational excellence and potentially attracting more business. (StockTitan)
Despite the earnings beat, Onity Group reported a net loss of $47 million for Q4 2023, primarily due to a reduction in unrealized MSR value change, indicating potential volatility in financial performance. (StockTitan)
The mortgage servicing industry is highly competitive, and Onity Group faces challenges in maintaining customer satisfaction, which could lead to higher churn rates, currently estimated at 15% per annum. (DCFModeling)
Onity Group operates in a heavily regulated environment and has faced fines in the past due to non-compliance, with $1 million in fines reported in 2022, indicating potential regulatory risks. (DCFModeling)
Data summarised monthly by Lightyear AI. Last updated on 14 Jun 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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