B. Riley Estimates Onity Group's FY2025 Earnings (NYSE:ONIT)

Onity Group (NYSE:ONIT - Free Report) - Analysts at B. Riley decreased their FY2025 earnings per share estimates for shares of Onity Group in a research report issued on Wednesday, February 26th. B. Riley analyst R. Binner now anticipates that the company will post earnings per share of $8.40 for the year, down from their previous forecast of $10.18. B. Riley has a "Strong-Buy" rating on the stock. The consensus estimate for Onity Group's current full-year earnings is $10.51 per share. B. Riley also issued estimates for Onity Group's FY2026 earnings at $9.50 EPS.

Onity Group (NYSE:ONIT - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $1.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.34 by ($0.95). The firm had revenue of $224.80 million for the quarter, compared to the consensus estimate of $253.37 million. Onity Group had a net margin of 3.47% and a return on equity of 20.50%.

Several other equities analysts have also recently issued reports on ONIT. BTIG Research raised shares of Onity Group from a "neutral" rating to a "buy" rating and set a $40.00 price objective on the stock in a research note on Monday, December 9th. Keefe, Bruyette & Woods increased their price objective on Onity Group from $40.00 to $45.00 and gave the company an "outperform" rating in a research report on Tuesday, November 12th.

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Onity Group Price Performance

NYSE:ONIT traded down $0.30 during mid-day trading on Friday, reaching $30.27. 63,372 shares of the stock were exchanged, compared to its average volume of 50,524. Onity Group has a 1-year low of $22.40 and a 1-year high of $41.27. The company has a current ratio of 26.46, a quick ratio of 26.46 and a debt-to-equity ratio of 20.28. The firm has a market capitalization of $238.29 million, a PE ratio of 7.40 and a beta of 1.87. The business has a fifty day moving average price of $33.52 and a 200 day moving average price of $31.40.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Long Focus Capital Management LLC acquired a new stake in shares of Onity Group in the fourth quarter worth $20,026,000. Oaktree Capital Management LP acquired a new stake in shares of Onity Group during the fourth quarter worth approximately $12,604,000. Dimensional Fund Advisors LP purchased a new position in Onity Group during the fourth quarter valued at approximately $12,178,000. Deer Park Road Corp acquired a new position in Onity Group in the 4th quarter valued at approximately $9,561,000. Finally, Prescott Group Capital Management L.L.C. purchased a new stake in Onity Group in the 4th quarter worth approximately $4,686,000. 70.16% of the stock is owned by hedge funds and other institutional investors.

About Onity Group

Onity Group Inc, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as loans.