My Portfolio
My Watchlists
Profile & Performance
Smart Portfolio
Find & Follow Experts
Top Lists
Top Experts
Make Better, Data Driven Investment Decisions
TipRanks tools are all you need to make data-driven investment decisions, conduct comprehensive stock research, find new investment ideas, analyze your portfolio, and follow the best-performing Wall Street experts.
About Us
Plans & Pricing
Ocwen Financial Corp. (OCN)
NYSE:OCN
OCN nyse
United States
Ocwen Financial

Ocwen Financial Stock Analysis & Ratings

Ocwen Financial Stock Analysis Overview

Smart Score
9
Outperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
The Ocwen Financial stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Stock Chart

OCN

OCN Stock Stats

Previous Close$34.06
Open$0
Bid32.1 x 100
Ask54.49 x 100
Today’s Range$0 - $0
52-Week Range$21.40 - $35.08
VolumeN/A
Average Volume62.96K
Market Cap$312.98M
Beta1.86
P/E Ratio-15.8
EPS-2.11
Earnings DateOct 27, 2021
Ex-Dividend DateAug 10, 2009

Company Description

Ocwen Financial Corp.

Ocwen Financial Corp. is a financial services holding company, which through its subsidiaries engages in the servicing and origination of mortgage loans. It operates through the following business segments: Servicing, Lending, and Corporate Items and Other. The Servicing segment engages in residential servicing business, which offers residential and commercial mortgage loan servicing, special servicing and asset management services. The Lending segment involves in the originating and purchasing conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The Corporate Items and Other segment include revenues and expenses that are not directly related to other reportable segment. The company was founded in February 1988 and is headquartered in West Palm Beach, FL.
Sector
Financial
Industry
Banks
CEO
Glen A. Messina
Employees
5,200
ISIN
US6757466064
Address
1661 Worthington Road, West Palm Beach, FL, 33409, US

Financials


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

OCN FAQ

What was Ocwen Financial’s price range in the past 12 months?
Ocwen Financial lowest stock price was $21.40 and its highest was $35.08 in the past 12 months.
    What is Ocwen Financial’s market cap?
    Ocwen Financial’s market cap is $312.98M.
      What is Ocwen Financial’s price target?
      The average price target for Ocwen Financial is $43.00. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is $50.00 ,the lowest forecast is $36.00. The average price target represents 26.25% Increase from the current price of $34.06.
        What do analysts say about Ocwen Financial?
        Ocwen Financial’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.
          When is Ocwen Financial’s upcoming earnings report date?
          Ocwen Financial’s upcoming earnings report date is Oct 27, 2021 which is in 6 hours.
            How were Ocwen Financial’s earnings last quarter?
            Ocwen Financial released its earnings results on Aug 05, 2021. The company reported -$1.15 earnings per share for the quarter, missing the consensus estimate of -$0.02 by -$1.13.
              Is Ocwen Financial overvalued?
              According to Wall Street analysts Ocwen Financial’s price is currently Undervalued.
                Does Ocwen Financial pay dividends?
                Ocwen Financial pays a Notavailable dividend of $80 which represents an annual dividend yield of N/A. Ocwen Financial’s last Notavailable dividend payment was on Aug 10, 2009. Ocwen Financial’s upcoming ex-dividend date is Aug 10, 2009
                  What is Ocwen Financial’s EPS estimate?
                  Ocwen Financial’s EPS estimate for its next earnings report is not yet available.
                  How many shares outstanding does Ocwen Financial have?
                  Ocwen Financial has 9,190,000 shares outstanding.
                    What happened to Ocwen Financial’s price movement after its last earnings report?
                    Ocwen Financial reported an EPS of -$1.15 in its last earnings report, missing expectations of -$0.02. Following the earnings report the stock price went up 8.137%.
                      Which hedge fund is a major shareholder of Ocwen Financial?
                      Among the largest hedge funds holding Ocwen Financial’s share is Fortress Investment Group LLC. It holds Ocwen Financial’s shares valued at 5M.

                        What's Included in PREMIUM?
                        Make informed decisions based on Top Analysts' activity
                        Know what industry insiders are buying
                        Get actionable alerts from top Wall Street Analysts
                        Find out before anyone else which stock is going to shoot up
                        Get powerful stock screeners & detailed portfolio analysis