Ocwen Financial Corp. (OCN)

$24.68

+0.38

(+1.56%)

Market is closed - opens 7 PM, 28 May 2024

Insights on Ocwen Financial Corp.

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 296.4M → 239.1M (in $), with an average decrease of 19.3% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, -47.5M → 30.1M (in $), with an average increase of 257.8% per quarter

  • Vs COOP

    In the last 1 year, Mr. Cooper Group Inc. has given 78.9% return, outperforming this stock by 85.4%

  • Vs COOP

    In the last 3 years, Mr. Cooper Group Inc. has given 143.2% return, outperforming this stock by 166.5%

Performance

  • $24.30
    $25.35
    $24.68
    downward going graph

    1.54%

    Downside

    Day's Volatility :4.13%

    Upside

    2.63%

    downward going graph
  • $21.15
    $35.79
    $24.68
    downward going graph

    14.3%

    Downside

    52 Weeks Volatility :40.91%

    Upside

    31.04%

    downward going graph

Returns

PeriodOcwen Financial Corp.Sector (Financials)Index (Russel 2000)
3 Months
-12.85%
3.8%
0.0%
6 Months
-7.53%
17.6%
0.0%
1 Year
-6.48%
29.6%
0.0%
3 Years
-23.26%
11.0%
-21.4%

Highlights

Market Capitalization
199.1M
Book Value
$55.51
Earnings Per Share (EPS)
0.74
PE Ratio
32.84
PEG Ratio
-1.4
Wall Street Target Price
40.67
Profit Margin
0.63%
Operating Margin TTM
56.34%
Return On Assets TTM
3.12%
Return On Equity TTM
1.56%
Revenue TTM
1.0B
Revenue Per Share TTM
135.92
Quarterly Revenue Growth YOY
-8.7%
Gross Profit TTM
889.0M
EBITDA
652.6M
Diluted Eps TTM
0.74
Quarterly Earnings Growth YOY
-0.75
EPS Estimate Current Year
6.41
EPS Estimate Next Year
6.99
EPS Estimate Current Quarter
1.19
EPS Estimate Next Quarter
1.27

Analyst Recommendation

Buy
    62%Buy
    37%Hold
    0
    0%Sell
Based on 8 Wall street analysts offering stock ratings for Ocwen Financial Corp.(by analysts ranked 0 to 5 stars)
Based on 8 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
5
5
5
Hold
3
3
3
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 64.79%

Current $24.68
Target $40.67

Company Financials

FY18Y/Y Change
Revenue
1.1B
↓ 11.68%
Net Income
-70.8M
↓ 44.69%
Net Profit Margin
-6.56%
↑ 3.92%
FY19Y/Y Change
Revenue
1.1B
↑ 5.8%
Net Income
-142.1M
↑ 100.82%
Net Profit Margin
-12.46%
↓ 5.9%
FY20Y/Y Change
Revenue
976.9M
↓ 14.38%
Net Income
-40.2M
↓ 71.73%
Net Profit Margin
-4.11%
↑ 8.35%
FY21Y/Y Change
Revenue
1.1B
↑ 10.19%
Net Income
18.1M
↓ 145.05%
Net Profit Margin
1.68%
↑ 5.79%
FY22Y/Y Change
Revenue
999.5M
↓ 7.15%
Net Income
25.7M
↑ 41.99%
Net Profit Margin
2.57%
↑ 0.89%
FY23Y/Y Change
Revenue
1.0B
↑ 4.25%
Net Income
-63.7M
↓ 347.86%
Net Profit Margin
-6.11%
↓ 8.68%
Q4 FY22Q/Q Change
Revenue
265.5M
↑ 0.76%
Net Income
-79.7M
↓ 315.92%
Net Profit Margin
-30.01%
↓ 44.02%
Q1 FY23Q/Q Change
Revenue
275.9M
↑ 3.93%
Net Income
-40.2M
↓ 49.55%
Net Profit Margin
-14.57%
↑ 15.44%
Q2 FY23Q/Q Change
Revenue
292.4M
↑ 5.98%
Net Income
15.5M
↓ 138.56%
Net Profit Margin
5.3%
↑ 19.87%
Q3 FY23Q/Q Change
Revenue
281.5M
↓ 3.73%
Net Income
8.5M
↓ 45.16%
Net Profit Margin
3.02%
↓ 2.28%
Q4 FY23Q/Q Change
Revenue
296.4M
↑ 5.29%
Net Income
-47.5M
↓ 658.82%
Net Profit Margin
-16.03%
↓ 19.05%
Q1 FY24Q/Q Change
Revenue
239.1M
↓ 19.33%
Net Income
30.1M
↓ 163.37%
Net Profit Margin
12.59%
↑ 28.62%
FY18Y/Y Change
Total Assets
9.4B
↑ 11.79%
Total Liabilities
8.8B
↑ 12.52%
FY19Y/Y Change
Total Assets
10.4B
↑ 10.77%
Total Liabilities
10.0B
↑ 13.06%
FY20Y/Y Change
Total Assets
10.7B
↑ 2.35%
Total Liabilities
10.2B
↑ 2.42%
FY21Y/Y Change
Total Assets
12.1B
↑ 14.05%
Total Liabilities
11.7B
↑ 14.02%
FY22Y/Y Change
Total Assets
12.4B
↑ 2.08%
Total Liabilities
11.9B
↑ 2.33%
FY23Y/Y Change
Total Assets
12.5B
↑ 0.92%
Total Liabilities
12.1B
↑ 1.42%
Q4 FY22Q/Q Change
Total Assets
12.4B
↑ 0.32%
Total Liabilities
11.9B
↑ 1.09%
Q1 FY23Q/Q Change
Total Assets
12.6B
↑ 1.84%
Total Liabilities
12.2B
↑ 2.25%
Q2 FY23Q/Q Change
Total Assets
13.2B
↑ 4.66%
Total Liabilities
12.8B
↑ 4.68%
Q3 FY23Q/Q Change
Total Assets
13.0B
↓ 1.55%
Total Liabilities
12.6B
↓ 1.69%
Q4 FY23Q/Q Change
Total Assets
12.5B
↓ 3.83%
Total Liabilities
12.1B
↓ 3.62%
Q1 FY24Q/Q Change
Total Assets
13.1B
↑ 4.61%
Total Liabilities
12.7B
↑ 4.51%
FY18Y/Y Change
Operating Cash Flow
272.6M
↓ 33.83%
Investing Cash Flow
-344.9M
↓ 58.91%
Financing Cash Flow
166.7M
↓ 61.26%
FY19Y/Y Change
Operating Cash Flow
151.9M
↓ 44.26%
Investing Cash Flow
-587.4M
↑ 70.34%
Financing Cash Flow
530.8M
↑ 218.36%
FY20Y/Y Change
Operating Cash Flow
261.0M
↑ 71.76%
Investing Cash Flow
-527.9M
↓ 10.14%
Financing Cash Flow
131.8M
↓ 75.17%
FY21Y/Y Change
Operating Cash Flow
-472.2M
↓ 280.92%
Investing Cash Flow
-1.0B
↑ 89.71%
Financing Cash Flow
1.4B
↑ 946.67%
FY22Y/Y Change
Operating Cash Flow
173.2M
↓ 136.68%
Investing Cash Flow
-149.1M
↓ 85.11%
Financing Cash Flow
-13.4M
↓ 100.97%
Q4 FY22Q/Q Change
Operating Cash Flow
-86.4M
↑ 120.11%
Investing Cash Flow
-149.1M
↑ 83.73%
Financing Cash Flow
31.3M
↓ 55.04%
Q1 FY23Q/Q Change
Operating Cash Flow
-207.4M
↑ 140.01%
Investing Cash Flow
-19.9M
↓ 86.65%
Financing Cash Flow
209.0M
↑ 567.24%
Q2 FY23Q/Q Change
Operating Cash Flow
-441.3M
↑ 112.78%
Investing Cash Flow
-2.6M
↓ 86.93%
Financing Cash Flow
520.5M
↑ 149.04%
Q3 FY23Q/Q Change
Operating Cash Flow
377.3M
↓ 185.5%
Investing Cash Flow
-43.6M
↑ 1576.92%
Financing Cash Flow
-422.8M
↓ 181.23%

Technicals Summary

Sell

Neutral

Buy

Ocwen Financial Corp. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Ocwen Financial Corp.
Ocwen Financial Corp.
1.44%
-7.53%
-6.48%
-23.26%
-3.22%
Rocket Companies, Inc.
Rocket Companies, Inc.
12.06%
51.26%
77.66%
-20.73%
-35.66%
Uwm Holdings Corp
Uwm Holdings Corp
13.62%
30.58%
41.25%
-15.29%
-21.94%
Mr. Cooper Group Inc.
Mr. Cooper Group Inc.
4.81%
38.97%
78.89%
143.21%
858.42%
Pennymac Financial Services Inc
Pennymac Financial Services Inc
4.93%
18.16%
51.14%
48.27%
302.87%
Walker & Dunlop, Inc.
Walker & Dunlop, Inc.
2.17%
14.32%
30.06%
-4.99%
82.96%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Ocwen Financial Corp.
Ocwen Financial Corp.
32.84
32.84
-1.4
6.41
0.02
0.03
NA
55.51
Rocket Companies, Inc.
Rocket Companies, Inc.
7.68
7.68
1.4
0.29
0.04
0.02
NA
4.69
Uwm Holdings Corp
Uwm Holdings Corp
86.88
86.88
NA
0.32
0.09
0.03
0.06
1.2
Mr. Cooper Group Inc.
Mr. Cooper Group Inc.
8.59
8.59
NA
9.7
0.15
0.04
NA
68.06
Pennymac Financial Services Inc
Pennymac Financial Services Inc
31.37
31.37
4.67
9.11
0.04
0.01
0.01
70.13
Walker & Dunlop, Inc.
Walker & Dunlop, Inc.
34.34
34.34
1.25
3.35
0.05
0.02
0.03
51.83
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Ocwen Financial Corp.
Ocwen Financial Corp.
Buy
$199.1M
-3.22%
32.84
0.63%
Rocket Companies, Inc.
Rocket Companies, Inc.
Hold
$27.5B
-35.66%
7.68
0.41%
Uwm Holdings Corp
Uwm Holdings Corp
Buy
$11.1B
-21.94%
86.88
0.33%
Mr. Cooper Group Inc.
Mr. Cooper Group Inc.
Buy
$5.3B
858.42%
8.59
31.76%
Pennymac Financial Services Inc
Pennymac Financial Services Inc
Buy
$4.6B
302.87%
31.37
8.53%
Walker & Dunlop, Inc.
Walker & Dunlop, Inc.
Buy
$3.2B
82.96%
34.34
9.52%

Institutional Holdings

  • Long Focus Capital Management, LLC

    8.35%
  • Deer Park Road Corporation

    7.40%
  • BlackRock Inc

    6.17%
  • Oaktree Capital Management LLC

    5.78%
  • Dimensional Fund Advisors, Inc.

    4.63%
  • Vanguard Group Inc

    4.16%

Company Information

helping homeowners is what we do!® consider joining us to help fulfill our mission of helping homeowners. as an ocwen team member, your mission is to delight the customers or co-workers you serve through caring service and innovative solutions. our talented, diverse team members are dedicated to helping the homeowners and investors we serve. as an industry leader in foreclosure prevention and loss mitigation, ocwen has completed over 776,700 loan modifications, over 318,000 home affordable modification program (hamp) sponsored modifications, 49% more than the next highest servicer. each team member, regardless of their role, is proud of ocwen’s focus on helping families stay in their homes and improving financial outcomes for investors. ocwen financial corporation is a financial services holding company which, through our subsidiaries, is one of the largest mortgage companies in the united states. our primary business is mortgage loan servicing and origination. homeward residentia

Organization
Ocwen Financial Corp.
Employees
4400
CEO
Mr. Glen A. Messina
Industry
Finance

FAQs