NYSE:OCN Ocwen Financial (OCN) Stock Price, News & Analysis → 7 Cheap and Good Stocks (From TradingTips) (Ad) Free OCN Stock Alerts $26.77 -0.28 (-1.04%) (As of 02:37 PM ET) Add Compare Share Share Today's Range$26.53▼$27.2150-Day Range$22.74▼$27.4552-Week Range$21.15▼$35.79Volume4,359 shsAverage Volume12,562 shsMarket Capitalization$209.07 millionP/E Ratio50.51Dividend YieldN/APrice Target$41.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Ocwen Financial alerts: Email Address Ocwen Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside54.5% Upside$41.00 Price TargetShort InterestHealthy0.51% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.64Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth29.03%From $5.58 to $7.20 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.24 out of 5 starsFinance Sector239th out of 874 stocksMortgage Bankers & Correspondents Industry2nd out of 7 stocks 3.3 Analyst's Opinion Consensus RatingOcwen Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageOcwen Financial has only been the subject of 2 research reports in the past 90 days.Read more about Ocwen Financial's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.51% of the float of Ocwen Financial has been sold short.Short Interest Ratio / Days to CoverOcwen Financial has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ocwen Financial has recently decreased by 4.62%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldOcwen Financial does not currently pay a dividend.Dividend GrowthOcwen Financial does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OCN. Previous Next 3.1 News and Social Media Coverage News SentimentOcwen Financial has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Ocwen Financial this week, compared to 1 article on an average week.Search Interest3 people have searched for OCN on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Ocwen Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ocwen Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.60% of the stock of Ocwen Financial is held by insiders.Percentage Held by Institutions70.16% of the stock of Ocwen Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ocwen Financial's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Ocwen Financial are expected to grow by 29.03% in the coming year, from $5.58 to $7.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ocwen Financial is 50.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Ocwen Financial is 50.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.09.Price to Book Value per Share RatioOcwen Financial has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Ocwen Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Huge AlertsThis 1 Biotech Stock has been shocking the marketsSave the Date: BioStem's 2024 Q1 Call Coming Up!Sign Up for the Live Broadcast here About Ocwen Financial Stock (NYSE:OCN)Ocwen Financial Corporation, 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. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. It serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.Read More OCN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OCN Stock News HeadlinesMay 9, 2024 | americanbankingnews.comFinancial Contrast: Nuveen Churchill Direct Lending (NYSE:NCDL) vs. Ocwen Financial (NYSE:OCN)May 9, 2024 | americanbankingnews.comOcwen Financial (NYSE:OCN) vs. Nuveen Churchill Direct Lending (NYSE:NCDL) Head-To-Head ComparisonMay 9, 2024 | TradingTips (Ad)Free report reveals “two-baggers” for 2024We’ve put together something special for our subscribers — a free report on 5 stocks we believe could double in 2024. It’s straightforward, easy to understand, and most importantly, actionable.May 8, 2024 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: Ocwen Financial (OCN), Truist Financial (TFC) and Marketaxess Holdings (MKTX)May 3, 2024 | finance.yahoo.comOcwen Financial Corp (OCN) Q1 2024 Earnings Call Transcript Highlights: Strategic Moves and ...May 3, 2024 | finance.yahoo.comOcwen Financial First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMay 3, 2024 | finance.yahoo.comOcwen Financial Corporation (NYSE:OCN) Q1 2024 Earnings Call TranscriptMay 3, 2024 | finance.yahoo.comQ1 2024 Ocwen Financial Corp Earnings CallMay 9, 2024 | DTI (Ad)You missed the class - here’s your second chanceIt’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore…May 2, 2024 | investorplace.comOCN Stock Earnings: Ocwen Financial Beats EPS, Misses Revenue for Q1 2024May 2, 2024 | finance.yahoo.comOcwen Financial Corp (OCN) Surpasses First Quarter Earnings Estimates with Strong PerformanceMay 2, 2024 | globenewswire.comOcwen Financial Announces First Quarter 2024 ResultsMay 1, 2024 | seekingalpha.comOcwen Financial Q1 2024 Earnings PreviewApril 24, 2024 | globenewswire.comOcwen Financial Schedules Conference Call – First Quarter 2024 Results and Business UpdateApril 14, 2024 | bizjournals.comCoral Gables company chairman dies, successor namedApril 5, 2024 | stockhouse.comOcwen Financial Announces Intention to Rebrand as Onity(TM) GroupApril 3, 2024 | msn.comOcwen Financial plans to change name to Onity GroupApril 3, 2024 | globenewswire.comOcwen Financial Announces Intention to Rebrand as Onity™ GroupApril 2, 2024 | globenewswire.comOcwen Financial Corporation Announces Appointment of Claudia Merkle to Board of DirectorsMarch 24, 2024 | investing.comOcwen (OCN) Earnings Dates & ReportsMarch 22, 2024 | investorplace.comOCN Stock Earnings: Ocwen Financial Beats EPS, Beats Revenue for Q4 2023March 20, 2024 | finance.yahoo.comPFSI Jul 2024 80.000 callMarch 16, 2024 | finance.yahoo.comPFSI Apr 2024 90.000 putMarch 16, 2024 | finance.yahoo.comPFSI Apr 2024 85.000 callMarch 11, 2024 | globenewswire.comPHH Mortgage Recognized by Fannie Mae as a 2023 Star PerformerFebruary 28, 2024 | finance.yahoo.comOcwen Financial Corporation (NYSE:OCN) Q4 2023 Earnings Call TranscriptFebruary 27, 2024 | finanznachrichten.deOcwen Financial Corp.: Ocwen Financial Announces Full Year and Fourth Quarter 2023 ResultsSee More Headlines Receive OCN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ocwen Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today5/09/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Mortgage bankers & correspondents Sub-IndustryThrifts & Mortgage Finance Current SymbolNYSE:OCN CUSIP67574630 CIK873860 Webwww.ocwen.com Phone(561) 682-8000Fax561-681-8177Employees4,500Year FoundedN/APrice Target and Rating Average Stock Price Target$41.00 High Stock Price Target$50.00 Low Stock Price Target$32.00 Potential Upside/Downside+53.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.53 Trailing P/E Ratio50.51 Forward P/E Ratio4.80 P/E GrowthN/ANet Income$-63,700,000.00 Net Margins0.63% Pretax Margin1.15% Return on Equity13.66% Return on Assets0.45% Debt Debt-to-Equity Ratio21.76 Current Ratio21.72 Quick Ratio21.72 Sales & Book Value Annual Sales$1.13 billion Price / Sales0.19 Cash Flow$10.71 per share Price / Cash Flow2.50 Book Value$52.34 per share Price / Book0.51Miscellaneous Outstanding Shares7,810,000Free Float7,216,000Market Cap$209.07 million OptionableOptionable Beta1.92 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Glen A. Messina (Age 62)CEO, President & Chair of the Board Comp: $1.8MMr. Sean Bradley O'Neil (Age 58)Executive VP & CFO Comp: $689.16kMr. Dennis Zeleny (Age 69)Executive VP & Chief Administrative Officer Comp: $1.05MMr. Scott William Anderson (Age 55)Executive VP & Chief Servicing Officer Comp: $1.15MMr. Aaron D. Wade (Age 52)Executive VP & Chief Investment Officer Mr. Francois Grunenwald (Age 52)Senior VP & Chief Accounting Officer Mr. Joseph J. Samarias (Age 52)Chief Ethics Officer, Chief Legal Officer, Executive VP & Company Secretary Ms. Jenna D. Evans (Age 42)Executive VP, Chief Risk & Compliance Officer Mr. Michael K. ShortVice President of Business Development and Investor RelationsAndy PeachSenior VP & Interim Originations LeaderMore ExecutivesKey CompetitorsFinance of America CompaniesNYSE:FOAUWMNYSE:UWMCGuildNYSE:GHLDTimberland BancorpNASDAQ:TSBKMaidenNASDAQ:MHLDView All CompetitorsInstitutional OwnershipEmpowered Funds LLCBought 2,800 shares on 5/7/2024Ownership: 0.483%GSA Capital Partners LLPBought 420 shares on 5/3/2024Ownership: 0.247%Commonwealth Equity Services LLCBought 11,665 shares on 4/30/2024Ownership: 0.283%Tower Research Capital LLC TRC Bought 541 shares on 2/13/2024Ownership: 0.014%View All Institutional Transactions OCN Stock Analysis - Frequently Asked Questions Should I buy or sell Ocwen Financial stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ocwen Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" OCN shares. View OCN analyst ratings or view top-rated stocks. What is Ocwen Financial's stock price target for 2024? 2 equities research analysts have issued 12-month target prices for Ocwen Financial's shares. Their OCN share price targets range from $32.00 to $50.00. On average, they expect the company's stock price to reach $41.00 in the next twelve months. This suggests a possible upside of 54.5% from the stock's current price. View analysts price targets for OCN or view top-rated stocks among Wall Street analysts. How have OCN shares performed in 2024? Ocwen Financial's stock was trading at $30.76 at the beginning of 2024. Since then, OCN shares have decreased by 13.8% and is now trading at $26.53. View the best growth stocks for 2024 here. Are investors shorting Ocwen Financial? Ocwen Financial saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 32,500 shares, a decline of 30.6% from the March 15th total of 46,800 shares. Based on an average trading volume of 12,000 shares, the short-interest ratio is currently 2.7 days. Currently, 0.5% of the company's shares are sold short. View Ocwen Financial's Short Interest. When is Ocwen Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our OCN earnings forecast. How were Ocwen Financial's earnings last quarter? Ocwen Financial Co. (NYSE:OCN) issued its earnings results on Tuesday, February, 27th. The financial services provider reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.35. The financial services provider earned $277.30 million during the quarter, compared to analyst estimates of $260.23 million. Ocwen Financial had a trailing twelve-month return on equity of 13.66% and a net margin of 0.63%. When did Ocwen Financial's stock split? Ocwen Financial shares reverse split before market open on Friday, August 14th 2020. The 1-15 reverse split was announced on Monday, August 3rd 2020. The number of shares owned by shareholders was adjusted after the market closes on Thursday, August 13th 2020. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split. What is Glen Messina's approval rating as Ocwen Financial's CEO? 150 employees have rated Ocwen Financial Chief Executive Officer Glen Messina on Glassdoor.com. Glen Messina has an approval rating of 77% among the company's employees. What other stocks do shareholders of Ocwen Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ocwen Financial investors own include (GTATQ) (GTATQ), (MBBYF) (MBBYF), GoPro (GPRO), Coty (COTY), Pandora Media (P), Ford Motor (F), Groupon (GRPN), General Electric (GE), Capri (CPRI) and Energy Transfer (ET). Who are Ocwen Financial's major shareholders? Ocwen Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Empowered Funds LLC (0.48%), Commonwealth Equity Services LLC (0.28%) and GSA Capital Partners LLP (0.25%). Insiders that own company stock include Dennis Zeleny, George T Henley, Glen A Messina and Jacques J Busquet. View institutional ownership trends. How do I buy shares of Ocwen Financial? Shares of OCN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:OCN) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersDems have chosen Biden replacement?Paradigm PressThis 1 Biotech Stock has been shocking the marketsHuge Alerts1970’s computer coder Issues Shocking AI WarningInvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeThe Crypto 9-5 Escape PlanCrypto 101 Media Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ocwen Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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