Logo image of OCN

OCWEN FINANCIAL CORP (OCN) Stock Price, Quote, News and Overview

NYSE:OCN - New York Stock Exchange, Inc. - US6757466064 - Common Stock - Currency: USD

25.08  -0.19 (-0.75%)

After market: 25.08 0 (0%)

OCN Quote, Performance and Key Statistics

OCWEN FINANCIAL CORP

NYSE:OCN (6/7/2024, 8:04:00 PM)

After market: 25.08 0 (0%)

25.08

-0.19 (-0.75%)

Sector
GICS SectorFinancials
GICS IndustryFinancial Services
GICS IndustryGroupFinancial Services
GICS SubIndustryCommercial & Residential Mortgage Finance
Statistics
52 Week High35.79
52 Week Low21.15
Market Cap195.87M
Shares7.81M
Float6.14M
Yearly Dividend0
Dividend YieldN/A
PE33.89
Fwd PE3.55
Earnings (Next)08-01 2024-08-01/amc
IPO09-25 1996-09-25


OCN short term performance overview.The bars show the price performance of OCN in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 2 -2 -4 -6

OCN long term performance overview.The bars show the price performance of OCN in the last 1, 2 and 3 years. 1 year 2 years 3 years -5 -10 -15

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%.

OCWEN FINANCIAL CORP / OCN Daily stock chart

OCN Competitors/Peers

The largest stocks on the US markets in the "Commercial & Residential Mortgage Finance" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
RKT ROCKET COS INC-CLASS A 57.27 25.20B
COOP MR COOPER GROUP INC 11.64 8.24B
UWMC UWM HOLDINGS CORP N/A 6.59B
MTG MGIC INVESTMENT CORP 8.72 6.36B
ESNT ESSENT GROUP LTD 8.56 6.04B
ACT ENACT HOLDINGS INC 7.68 5.37B
PFSI PENNYMAC FINANCIAL SERVICES 15.15 5.10B
RDN RADIAN GROUP INC 8.2 4.75B
NMIH NMI HOLDINGS INC 7.92 2.91B
WD WALKER & DUNLOP INC 20.06 2.51B
AGM FEDERAL AGRIC MTG CORP-CL C 12.31 2.13B
AGM.A FEDERAL AGRIC MTG CORP-CL A 9.03 1.56B

About OCN

Company Profile

OCN logo image 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

OCWEN FINANCIAL CORP

1661 Worthington Rd Ste 100

West Palm Beach FLORIDA 33409 US

CEO: Glen A. Messina

Employees: 4900

OCN Company Website

Phone: 15616828000

OCWEN FINANCIAL CORP / OCN FAQ

What is the stock price of OCWEN FINANCIAL CORP today?

The current stock price of OCN is 25.08 USD. The price decreased by -0.75% in the last trading session.


What is the ticker symbol for OCWEN FINANCIAL CORP stock?

The exchange symbol of OCWEN FINANCIAL CORP is OCN and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is OCN stock listed?

OCN stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for OCWEN FINANCIAL CORP 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. Check the OCWEN FINANCIAL CORP stock analysts ratings, price target forecast and up-and down grades for more detailed information.


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.


How many employees does OCWEN FINANCIAL CORP have?

OCWEN FINANCIAL CORP (OCN) currently has 4900 employees.


What are the support and resistance levels for OCWEN FINANCIAL CORP (OCN) stock?

OCWEN FINANCIAL CORP (OCN) has a support level at 24.3 and a resistance level at 25.13. Check the full technical report for a detailed analysis of OCN support and resistance levels.


Is OCWEN FINANCIAL CORP (OCN) expected to grow?

The Revenue of OCWEN FINANCIAL CORP (OCN) is expected to grow by 3.39% in the next year. Check the estimates tab for more information on the OCN EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy OCWEN FINANCIAL CORP (OCN) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does OCWEN FINANCIAL CORP (OCN) stock pay dividends?

OCN does not pay a dividend.


When does OCWEN FINANCIAL CORP (OCN) report earnings?

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


What is the Price/Earnings (PE) ratio of OCWEN FINANCIAL CORP (OCN)?

The PE ratio for OCWEN FINANCIAL CORP (OCN) is 33.89. This is based on the reported non-GAAP earnings per share of 0.74 and the current share price of 25.08 USD. Check the full fundamental report for a full analysis of the valuation metrics for OCN.


OCN Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

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.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

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 RankSector Rank
PM (TTM) 0.63%
ROA 0.05%
ROE 1.53%
Debt/Equity 27.58
Chartmill High Growth Momentum
EPS Q2Q%170.04%
Sales Q2Q%-8.67%
EPS 1Y (TTM)108.67%
Revenue 1Y (TTM)6.07%

OCN Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 78% to OCN. The Buy consensus is the average rating of analysts ratings from 8 analysts.

For the next year, analysts expect an EPS growth of 177.63% and a revenue growth 3.39% for OCN


Ownership
Inst Owners51.13%
Ins Owners36.44%
Short Float %N/A
Short RatioN/A
Analysts
Analysts77.5
Price Target41.48 (65.39%)
EPS Next Y177.63%
Revenue Next Year3.39%