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NYSE: ONIT
Onity Group Inc Stock

$29.59+1.00 (+3.5%)
Updated Sep 13, 2024
ONIT Price
$29.59
Fair Value Price
N/A
Market Cap
$232.14M
52 Week Low
$21.15
52 Week High
$31.96
P/E
211.36x
P/B
0.52x
P/S
0.18x
PEG
0.3x
Dividend Yield
N/A
Revenue
$1.02B
Earnings
$1.60M
Gross Margin
100%
Operating Margin
52.71%
Profit Margin
0.2%
Debt to Equity
28.33
Operating Cash Flow
$284M
Beta
1.53
Next Earnings
Nov 5, 2024
Ex-Dividend
N/A
Next Dividend
N/A

ONIT Overview

Ocwen Financial Corporation offers and services commercial and residential mortgages and provides asset management services in the U.S., the U.S. Virgin Islands, India, and the Philippines. Offerings include forward and reverse conventional, government-insured and non-agency loans, including reverse mortgage loans to owners of mortgage loans and foreclosed real estate. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through correspondent lending arrangements, broker relationships, and retail channels. Ocwen Financial was founded in 1988 and is headquartered in West Palm Beach, FL.

Zen Score

Industry Average (22)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ONIT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ONIT ($29.59) is trading below its intrinsic value of $34.91, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
ONIT is poor value based on its earnings relative to its share price (211.36x), compared to the US market average (23.21x)
P/E vs Market Valuation
ONIT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 30 more ONIT due diligence checks available for Premium users.

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ONIT News

Valuation

ONIT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
211.36x
Industry
164.8x
Market
23.21x
ONIT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ONIT is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

ONIT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.52x
Industry
0.49x
ONIT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ONIT price to earnings growth (PEG)

For valuing profitable companies with growth potential
ONIT is good value based... subscribe to Premium to read more.
PEG Value Valuation

ONIT's financial health

Profit margin

Revenue
$246.4M
Net Income
$10.5M
Profit Margin
4.3%
ONIT's Earnings (EBIT) of $536.70M... subscribe to Premium to read more.
Interest Coverage Financials
ONIT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$13.1B
Liabilities
$12.6B
Debt to equity
28.33
ONIT's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
ONIT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$77.9M
Investing
$132.0M
Financing
-$56.0M
ONIT's operating cash flow ($284.10M)... subscribe to Premium to read more.
Debt Coverage Financials

ONIT vs Mortgage Stocks

TickerMarket Cap1d %P/EP/B
ONIT$232.14M+3.50%211.36x0.52x
BETR$247.81M+0.31%-0.50x5.52x
SNFCA$209.50M+0.58%9.31x0.64x
GHI$316.75M+0.15%11.08x0.97x
CNF$74.07M+10.77%2.96x0.13x

Onity Group Stock FAQ

What is Onity Group's quote symbol?

(NYSE: ONIT) Onity Group trades on the NYSE under the ticker symbol ONIT. Onity Group stock quotes can also be displayed as NYSE: ONIT.

If you're new to stock investing, here's how to buy Onity Group stock.

What is the 52 week high and low for Onity Group (NYSE: ONIT)?

(NYSE: ONIT) Onity Group's 52-week high was $31.96, and its 52-week low was $21.15. It is currently -7.42% from its 52-week high and 39.91% from its 52-week low.

How much is Onity Group stock worth today?

(NYSE: ONIT) Onity Group currently has 7,845,055 outstanding shares. With Onity Group stock trading at $29.59 per share, the total value of Onity Group stock (market capitalization) is $232.14M.

Onity Group stock was originally listed at a price of $381.60 in Dec 31, 1997. If you had invested in Onity Group stock at $381.60, your return over the last 26 years would have been -92.25%, for an annualized return of -9.37% (not including any dividends or dividend reinvestments).

How much is Onity Group's stock price per share?

(NYSE: ONIT) Onity Group stock price per share is $29.59 today (as of Sep 13, 2024).

What is Onity Group's Market Cap?

(NYSE: ONIT) Onity Group's market cap is $232.14M, as of Sep 16, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Onity Group's market cap is calculated by multiplying ONIT's current stock price of $29.59 by ONIT's total outstanding shares of 7,845,055.
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