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Home โบ Stocks โบ Ocwen Financial Corp (OCN) Stock Forecast & Price Prediction United States | NYSE | Financial Services | Mortgage Finance
$37.17
+0.44 (1.20%)Did OCN Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Ocwen is one of their latest high-conviction picks.
OCN has shown a year-to-date change of -18.8% and a 1-year change of -1.2%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for OCN. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for OCN.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 8, 2024 | Keefe, Bruyette & Woods | Bose George | Market Perform | Maintains | $32.00 |
| Apr 9, 2024 | Keefe, Bruyette & Woods | Bose George | Market Perform | Maintains | $28.00 |
| Mar 26, 2024 | B. Riley Securities | Matt Howlett | Buy | Reiterates | $50.00 |
| Apr 21, 2022 | BTIG | Eric Hagen | Neutral | Initiates | $N/A |
| Dec 8, 2021 | B. Riley Securities | Matt Howlett | Buy | Maintains | $56.00 |
| Sep 9, 2021 | B. Riley Securities | Buy | Initiates | $N/A | |
| Jun 30, 2021 | Jefferies | Buy | Initiates | $N/A | |
| Apr 21, 2017 | Compass Point | Fred Small | Buy | Upgrade | $3.50 |
| Jul 28, 2016 | Keefe, Bruyette & Woods | Market Perform | Maintains | $3.00 | |
| Mar 29, 2016 | Citigroup | Neutral | Maintains | $3.00 | |
| Aug 3, 2015 | Stifel | Market Perform | Maintains | $8.50 | |
| May 5, 2015 | Citigroup | Neutral | Maintains | $11.00 | |
| Apr 29, 2015 | Keefe, Bruyette & Woods | Market Perform | Maintains | $10.00 | |
| Mar 25, 2015 | Citigroup | Neutral | Maintains | $9.00 | |
| Mar 13, 2015 | Citigroup | Neutral | Maintains | $10.00 | |
| Feb 27, 2015 | Compass Point | Sell | Downgrade | $7.00 | |
| Jan 26, 2015 | Keefe, Bruyette & Woods | Market Perform | Maintains | $12.00 | |
| Jan 13, 2015 | Barclays | Equal-Weight | Maintains | $12.00 | |
| Jan 5, 2015 | Keefe, Bruyette & Woods | Market Perform | Maintains | $14.00 | |
| Dec 29, 2014 | Citigroup | Neutral | Maintains | $15.00 |
The following stocks are similar to Ocwen based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Ocwen Financial Corp has a market capitalization of $290.28M with a P/E ratio of 33.9x. The company generates $1.14B in trailing twelve-month revenue with a 51.1% profit margin.
Revenue growth is +4.8% quarter-over-quarter, while maintaining an operating margin of +19.8% and return on equity of -15.9%.
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Provides mortgage loan origination and servicing.
Ocwen Financial Corporation generates revenue by originating and servicing various types of mortgage loans, including commercial and residential loans. It operates through two main segments: Servicing, which includes managing loans and real estate assets, and Originations, which involves creating new mortgage loans through various lending channels.
The company serves clients primarily under the PHH Mortgage and Liberty Reverse Mortgage brands and has a global presence, operating in the United States, the Virgin Islands, India, and the Philippines. Founded in 1988 and headquartered in West Palm Beach, Florida, Ocwen is well-established in the mortgage servicing industry.
Financial Services
Mortgage Finance
4,400
Mr. Glen A. Messina
United States
1996
CURE Media Group and Oncology Nursing News awarded Jill Winther the 2026 Extraordinary Healer award for her excellence in oncology nursing across the country.
Recognition of healthcare professionals can enhance the reputation of affiliated organizations, potentially impacting investor confidence and stock performance in related sectors.
Onity Group Inc. (NYSE: ONIT) has officially rebranded from Ocwen Financial Corporation, effective June 10, 2024.
Onity Group Inc.'s rebranding from Ocwen Financial may signal a strategic shift, potentially affecting market perception, investor confidence, and future growth prospects.
PHH Mortgage will rebrand to Onity Mortgage in fall 2024, with a new NYSE symbol "ONIT" effective June 10, 2024.
The rebranding to Onity Mortgage and new NYSE symbol may signal strategic changes, potentially affecting market perception and stock performance.
Ocwen Financial Corporation (NYSE:OCN) will hold its Q1 2024 Earnings Conference Call on May 2, 2024, at 8:30 AM ET, featuring key company executives.
Ocwen's Q1 2024 earnings call will provide insights into its financial performance and strategic direction, impacting stock valuation and investor sentiment.
Ocwen Financial Corporation (NYSE: OCN) reported its Q1 2024 results and provided a business update on May 2, 2024. Further details on performance and outlook were not specified.
Ocwen's Q1 2024 results may impact stock performance and market confidence, influencing investor sentiment and potential investment decisions in the mortgage sector.
Ocwen Financial (OCN) reported quarterly earnings of $1.74 per share, surpassing the Zacks Consensus Estimate of $1.21, compared to a loss of $0.16 per share a year prior.
Ocwen Financial's strong earnings beat expectations and reversed last year's loss, indicating improved financial health and profitability, which can boost investor confidence and stock value.
Analyst forecasts for Ocwen Financial Corp (OCN) are not currently available. The stock is trading at $37.17.
According to current analyst ratings, OCN has 0 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $37.17. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for OCN are not currently available. The stock is trading at $37.17.
Ocwen Financial Corporation generates revenue by originating and servicing various types of mortgage loans, including commercial and residential loans. It operates through two main segments: Servicing, which includes managing loans and real estate assets, and Originations, which involves creating new mortgage loans through various lending channels.
Price targets from Wall Street analysts for OCN are not currently available. The stock is trading at $37.17.
Price targets from Wall Street analysts for OCN are not currently available. The stock is trading at $37.17.
The overall analyst consensus for OCN is neutral. Out of 5 Wall Street analysts, 0 rate it as Buy, 3 as Hold, and 0 as Sell.
Stock price projections, including those for Ocwen Financial Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.