OCWEN FINANCIAL CORP (OCN) Stock Price & Overview
NYSE:OCN • US6757466064
Current stock price
The current stock price of OCN is 25.08 USD. Today OCN is down by -0.75%. In the past month the price decreased by -7.32%. In the past year, price decreased by -17.42%.
OCN Key Statistics
- Market Cap
- 195.875M
- P/E
- 33.89
- Fwd P/E
- 3.55
- EPS (TTM)
- 0.74
- Dividend Yield
- N/A
OCN Stock Performance
OCN Stock Chart
OCN Technical Analysis
ChartMill assigns a technical rating of 0 / 10 to OCN. When comparing the yearly performance of all stocks, OCN is a bad performer in the overall market: 73.15% of all stocks are doing better.
OCN Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to OCN. There are concerns on the financial health of OCN while its profitability can be described as average.
OCN Earnings
On May 2, 2024 OCN reported an EPS of 3.74 and a revenue of 239.10M. The company beat EPS expectations (211.83% surprise) and missed revenue expectations (-12.44% surprise).
OCN Forecast & Estimates
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.
For the next year, analysts expect an EPS growth of 177.63% and a revenue growth 3.39% for OCN
OCN Groups
Sector & Classification
OCN Financial Highlights
Over the last trailing twelve months OCN reported a non-GAAP Earnings per Share(EPS) of 0.74. The EPS increased by 108.67% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 0.63% | ||
| ROA | 0.05% | ||
| ROE | 1.53% | ||
| Debt/Equity | 27.58 |
OCN Ownership
OCN Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| RKT | ROCKET COS INC-CLASS A | 16.97 | 38.491B | ||
| UWMC | UWM HOLDINGS CORP | 8.41 | 5.696B | ||
| ACT | ENACT HOLDINGS INC | 8.48 | 5.69B | ||
| MTG | MGIC INVESTMENT CORP | 8.47 | 5.516B | ||
| RDN | RADIAN GROUP INC | 6.57 | 4.425B | ||
| PFSI | PENNYMAC FINANCIAL SERVICES | 6.59 | 4.406B | ||
| NMIH | NMI HOLDINGS INC | 7.09 | 2.796B | ||
| MBIN | MERCHANTS BANCORP/IN | 7.8 | 1.893B | ||
| AGM | FEDERAL AGRIC MTG CORP-CL C | 7.49 | 1.523B | ||
| WD | WALKER & DUNLOP INC | 10.75 | 1.493B | ||
| AGM.A | FEDERAL AGRIC MTG CORP-CL A | 6.14 | 1.249B | ||
| MBINM | MERCHANTS BANCORP - MBIN 8 1/4 PERP | 4.67 | 1.143B | ||
| MBINL | MERCHANTS BANCORP - MBIN 7 5/8 PERP | 4.45 | 1.096B |
Related stock screener links
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About OCN
Company Profile
Ocwen Financial Corp. is a financial services holding company, which engages in the servicing and origination of mortgage loans through its subsidiaries. The company is headquartered in West Palm Beach, Florida and currently employs 4,900 full-time employees. The firm operates through three segments: Servicing, Originations, and Corporate Items and Other. Servicing segment is comprised of two components, its owned MSRs and its subservicing portfolio. The segment invests its capital to fund purchases and originations of its owned mortgage servicing rights (MSRs) and servicing advances. Originations segment purchases MSRs through bulk portfolio purchases, through flow purchase agreements with its network of mortgage companies and financial institutions, and through participation in the Agency Cash Window (or Co-Issue) programs. Corporate Items and Other segment include revenues and expenses of corporate support services, CR Limited (CRL), its captive reinsurance subsidiary, inactive entities, and its other business activities.
Company Info
IPO: 1996-09-25
OCWEN FINANCIAL CORP
1661 Worthington Rd Ste 100
West Palm Beach FLORIDA 33409 US
CEO: Glen A. Messina
Employees: 4900
Phone: 15616828000
OCWEN FINANCIAL CORP / OCN FAQ
What does OCWEN FINANCIAL CORP do?
Ocwen Financial Corp. is a financial services holding company, which engages in the servicing and origination of mortgage loans through its subsidiaries. The company is headquartered in West Palm Beach, Florida and currently employs 4,900 full-time employees. The firm operates through three segments: Servicing, Originations, and Corporate Items and Other. Servicing segment is comprised of two components, its owned MSRs and its subservicing portfolio. The segment invests its capital to fund purchases and originations of its owned mortgage servicing rights (MSRs) and servicing advances. Originations segment purchases MSRs through bulk portfolio purchases, through flow purchase agreements with its network of mortgage companies and financial institutions, and through participation in the Agency Cash Window (or Co-Issue) programs. Corporate Items and Other segment include revenues and expenses of corporate support services, CR Limited (CRL), its captive reinsurance subsidiary, inactive entities, and its other business activities.
What is the current price of OCN stock?
The current stock price of OCN is 25.08 USD. The price decreased by -0.75% in the last trading session.
What is the dividend status of OCWEN FINANCIAL CORP?
OCN does not pay a dividend.
How is the ChartMill rating for OCWEN FINANCIAL CORP?
OCN has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
What is OCWEN FINANCIAL CORP worth?
OCWEN FINANCIAL CORP (OCN) has a market capitalization of 195.87M USD. This makes OCN a Micro Cap stock.
What is the ownership structure of OCWEN FINANCIAL CORP (OCN)?
You can find the ownership structure of OCWEN FINANCIAL CORP (OCN) on the Ownership tab.