OCWEN FINANCIAL CORP (OCN) Forecast, Price Target & Analyst Ratings

Q: What is the average price target for OCWEN FINANCIAL CORP (OCN) stock?

8 analysts have analysed OCN and the average price target is 41.48 USD. This implies a price increase of 65.39% is expected in the next year compared to the current price of 25.08.

Q: What is the next earnings date for OCN stock?

OCWEN FINANCIAL CORP (OCN) will report earnings on 2024-08-01, after the market close.

NYSE:OCN • US6757466064

25.08 USD

-0.19 (-0.75%)

At close: Jun 7, 2024

25.08 USD

0 (0%)

After Hours: 6/7/2024, 8:04:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for OCWEN FINANCIAL CORP (OCN).

Consensus Price Target

Price Target

$41.48

+ 65.39% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: Aug 1, 2024
Period: Q2 / 2024
EPS Estimate: $1.31
Revenue Estimate: 283.27M

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

77.50%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

$41.48

Upside

+ 65.39%

From current price of $25.08 to mean target of $41.48, Based on 8 analyst forecasts

Low

$32.32

Median

$40.80

High

$52.50

Price Target Revisions

1 Month

0.00%

3 Months

1.67%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for OCN. The average price target is 41.48 USD. This implies a price increase of 65.39% is expected in the next year compared to the current price of 25.08.

The average price target has been revised upward by 1.67% in the past 3 months.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

77.50%

OCN was analyzed by 8 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about OCN.

In the previous month the buy percentage consensus was at a similar level.

OCN was analyzed by 8 analysts. More opinions would make the average more meaningful.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2024-05-08	Keefe, Bruyette & Woods	Maintains	Market Perform -> Market Perform
2024-04-09	Keefe, Bruyette & Woods	Maintains	Market Perform -> Market Perform
2024-03-26	B. Riley Securities	Reiterate	Buy -> Buy
2022-04-21	BTIG	Initiate	Neutral
2021-12-08	B. Riley Securities	Maintains	Buy
2021-09-09	B. Riley Securities	Initiate	Buy
2021-06-30	Jefferies	Initiate	Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date: Aug 1, 2024
Period: Q2 / 2024
EPS Estimate: $1.31
Revenue Estimate: 283.27M
Revenue Q2Q: 4.14%
EPS Q2Q: -32.67%
Number of Analysts: 5

Next Earnings Revisions

Revenue (1 Month)

0.00%

Revenue (3 Months)

-0.50%

EPS (1 Month)

6.56%

EPS (3 Months)

6.56%

Next Earnings Summary

OCN is expected to report earnings on 8/1/2024. The consensus EPS estimate for the next earnings is 1.31 USD and the consensus revenue estimate is 283.27M USD.

The next earnings revenue estimate has been revised downward by 0.5% in the past 3 months.

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

	2021	2022	2023	2024	2025
Revenue YoY % growth	1.05B 9.28%	953.9M -9.16%	1.067B 11.83%	1.098B 2.93%	1.189B 8.29%
EBITDA YoY % growth	341.137M 116.59%	425.9M 24.85%	434.5M 2.02%	N/A	N/A
EBIT YoY % growth	330.872M 139.07%	411.1M 24.25%	422.4M 2.75%	N/A	N/A
Operating Margin	31.51%	43.10%	39.60%	N/A	N/A
EPS YoY % growth	1.92 366.67%	2.81 46.35%	-8.34 -396.80%	6.47 177.63%	7.06 9.05%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

	Q2 / 24	Q3 / 24	Q4 / 24	Q1 / 25	Q2 / 25	Q3 / 25	Q4 / 25
EPS Q2Q % growth	1.31 -32.67%	1.50 43.32%	1.51 125.19%	0.98 -73.80%	1.75 33.08%	1.91 26.85%	1.68 10.91%
Revenue Q2Q % growth	283.27M 4.14%	287.31M 12.45%	286.39M 3.28%	276.16M 15.50%	286.78M 1.24%	291.17M 1.34%	291.32M 1.72%
EBITDA Q2Q % growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBIT Q2Q % growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year

N/A

EPS Next 5 Year

N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

N/A

Revenue Next 5 Year

N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

N/A

EBIT Next 5 Year

N/A

→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

OCWEN FINANCIAL CORP / OCN Forecast FAQ

What is the average price target for OCWEN FINANCIAL CORP (OCN) stock?

8 analysts have analysed OCN and the average price target is 41.48 USD. This implies a price increase of 65.39% is expected in the next year compared to the current price of 25.08.

What is the next earnings date for OCN stock?

OCWEN FINANCIAL CORP (OCN) will report earnings on 2024-08-01, after the market close.

What are the consensus estimates for OCWEN FINANCIAL CORP (OCN) next earnings?

The consensus EPS estimate for the next earnings of OCWEN FINANCIAL CORP (OCN) is 1.31 USD and the consensus revenue estimate is 283.27M USD.

Analyst forecast overview

Forecast Snapshot