USA - NYSE:OCN - US6757466064 - Common Stock
The current stock price of OCN is 25.08 USD. In the past month the price decreased by -7.32%. In the past year, price decreased by -17.42%.
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| RKT | ROCKET COS INC-CLASS A | 89.74 | 47.91B | ||
| UWMC | UWM HOLDINGS CORP | 102 | 8.16B | ||
| PFSI | PENNYMAC FINANCIAL SERVICES | 13.69 | 6.57B | ||
| MTG | MGIC INVESTMENT CORP | 9.04 | 6.50B | ||
| ACT | ENACT HOLDINGS INC | 8.45 | 5.56B | ||
| RDN | RADIAN GROUP INC | 8.4 | 4.78B | ||
| NMIH | NMI HOLDINGS INC | 7.86 | 2.92B | ||
| WD | WALKER & DUNLOP INC | 19.39 | 2.23B | ||
| AGM | FEDERAL AGRIC MTG CORP-CL C | 9.65 | 1.79B | ||
| MBIN | MERCHANTS BANCORP/IN | 7.17 | 1.47B | ||
| AGM.A | FEDERAL AGRIC MTG CORP-CL A | 7.59 | 1.41B | ||
| GHLD | GUILD HOLDINGS CO - CLASS A | 9.59 | 1.24B |
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.
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. 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.
The current stock price of OCN is 25.08 USD. The price decreased by -0.75% in the last trading session.
OCN does not pay a dividend.
OCN has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
OCN stock is listed on the New York Stock Exchange, Inc. exchange.
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.
OCWEN FINANCIAL CORP (OCN) has a market capitalization of 195.87M USD. This makes OCN a Micro Cap stock.
ChartMill assigns a fundamental rating of 4 / 10 to OCN. While OCN is still in line with the averages on profitability rating, there are concerns on its financial health.
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 |
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