OCN's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 98.77% of US stocks.
The volatility of Ocwen Financial Corp's share price is greater than that of 99.95% US stocks with at least 200 days of trading history.
Ocwen Financial Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -186.48%, greater than the shareholder yield of just 2.04% of stocks in our set.
Stocks that are quantitatively similar to OCN, based on their financial statements, market capitalization, and price volatility, are AFG, OPHC, FBC, HWBK, and FRBK.
Ocwen Financial engages in servicing and origination of mortgage loans in the United States. Its Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset management services to owners of mortgage loans and foreclosed real estate. The company was founded in 1988 and is based in Atlanta, Georgia.
OCN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for OCN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Ocwen Financial Corp ranked in the 62th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 107% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for OCN, they are:
Interest coverage, a measure of earnings relative to interest payments, is -0.37; that's higher than just 19.14% of US stocks in the Financial Services sector that have positive free cash flow.
Its compound free cash flow growth rate, as measured over the past 5.24 years, is -0.05% -- higher than only 19.06% of stocks in our DCF forecasting set.
7% of the company's capital comes from equity, which is greater than merely 2.47% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Ocwen Financial Corp? See SAMG, GL, MVC, TW, and AJG.
WEST PALM BEACH, Fla., July 23, 2020 (GLOBE NEWSWIRE) -- PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced an expanded partnership with the NAACP to host more than 30 regional virtual borrower outreach events for PHH Mortgage customers who have been negatively impacted by COVID-19 and are having trouble making their mortgage payments. Virtual borrower outreach events have been held in New York, Maryland, Central Florida, Tennessee and Ohio, and the next three events will be held in Pennsylvania, Washington, D.C. and Illinois. The virtual events provide attendees with information regarding mortgage assistance options and feature speakers from a local HUD-certified counseling agency and PHH Mortgage. A...