Ocwen Financial Corporation NEW (OCN): Price and Financial Metrics
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OCN POWR Grades
- OCN scores best on the Value dimension, with a Value rank ahead of 88.57% of US stocks.
- The strongest trend for OCN is in Growth, which has been heading down over the past 179 days.
- OCN's current lowest rank is in the Quality metric (where it is better than 11.29% of US stocks).
OCN Stock Summary
- With a price/earnings ratio of 2.29, OCWEN FINANCIAL CORP P/E ratio is greater than that of about merely 3.58% of stocks in our set with positive earnings.
- Equity multiplier, or assets relative to shareholders' equity, comes in at 24 for OCWEN FINANCIAL CORP; that's greater than it is for 98.4% of US stocks.
- OCWEN FINANCIAL CORP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -176.19%, greater than the shareholder yield of merely 3.4% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to OCWEN FINANCIAL CORP are EAF, BAK, BKD, LDI, and AXL.
- OCN's SEC filings can be seen here. And to visit OCWEN FINANCIAL CORP's official web site, go to www.ocwen.com.
OCN Valuation Summary
- In comparison to the median Financial Services stock, OCN's price/sales ratio is 81.82% lower, now standing at 0.2.
- OCN's price/sales ratio has moved down 1.6 over the prior 243 months.
Below are key valuation metrics over time for OCN.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| OCN | 2022-09-23 | 0.2 | 0.4 | 2.6 | 19.6 |
| OCN | 2022-09-22 | 0.2 | 0.4 | 2.6 | 19.6 |
| OCN | 2022-09-21 | 0.2 | 0.5 | 2.8 | 19.6 |
| OCN | 2022-09-20 | 0.2 | 0.5 | 2.8 | 19.6 |
| OCN | 2022-09-19 | 0.2 | 0.5 | 2.9 | 19.6 |
| OCN | 2022-09-16 | 0.2 | 0.4 | 2.7 | 19.6 |
OCN Growth Metrics
- Its year over year net income to common stockholders growth rate is now at 1200.18%.
- The year over year cash and equivalents growth rate now stands at 2.54%.
- Its 4 year net cashflow from operations growth rate is now at -53.18%.
The table below shows OCN's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-06-30 | 1,030.782 | 42.956 | 88.293 |
| 2022-03-31 | 1,074.068 | -155.774 | 67.617 |
| 2021-12-31 | 1,050.099 | -472.155 | 18.078 |
| 2021-09-30 | 987.151 | -399.901 | 12.55 |
| 2021-06-30 | 953.085 | -180.082 | -18.422 |
| 2021-03-31 | 914.664 | -40.31 | -6.146 |
OCN's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- OCN has a Quality Grade of F, ranking ahead of 2.74% of graded US stocks.
- OCN's asset turnover comes in at 0.087 -- ranking 54th of 428 Banking stocks.
- FRBK, FCNCA, and BCOR are the stocks whose asset turnover ratios are most correlated with OCN.
The table below shows OCN's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.087 | 1 | 0.014 |
| 2021-03-31 | 0.087 | 1 | 0.015 |
| 2020-12-31 | 0.093 | 1 | 0.008 |
| 2020-09-30 | 0.096 | 1 | 0.011 |
| 2020-06-30 | 0.101 | 1 | 0.021 |
| 2020-03-31 | 0.107 | 1 | 0.015 |
OCN Price Target
For more insight on analysts targets of OCN, see our OCN price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $39.33 | Average Broker Recommendation | 1.5 (Moderate Buy) |
OCN Stock Price Chart Interactive Chart >
OCN Price/Volume Stats
| Current price | $24.33 | 52-week high | $41.92 |
| Prev. close | $24.62 | 52-week low | $17.76 |
| Day low | $23.58 | Volume | 25,200 |
| Day high | $24.61 | Avg. volume | 80,618 |
| 50-day MA | $28.27 | Dividend yield | N/A |
| 200-day MA | $28.83 | Market Cap | 203.01M |
Ocwen Financial Corporation NEW (OCN) Company Bio
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.
Latest OCN News From Around the Web
Below are the latest news stories about OCWEN FINANCIAL CORP that investors may wish to consider to help them evaluate OCN as an investment opportunity.
Ocwen Financial Comments On New Financial Eligibility Requirements Announced by FHFA and Ginnie MaeWEST PALM BEACH, Fla. , Sept. 09, 2022 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, issued the following statement in response to the minimum financial eligibility requirements for enterprise seller/servicers and Ginnie Mae issuers announced by the Federal Housing Finance Agency (“FHFA”) and Ginnie Mae (“GNMA”). “We are currently in compliance with the new FHFA and GNMA liquidity and capital standards |
PHH Mortgage Corporation -- Moody's affirms PHH Mortgage Corporation's Caa1 corporate family rating and B2 senior secured rating; outlook changed to positiveRating Action: Moody's affirms PHH Mortgage Corporation's Caa1 corporate family rating and B2 senior secured rating; outlook changed to positiveGlobal Credit Research - 16 Aug 2022New York, August 15, 2022 -- Moody's Investors Service ("Moody's") has affirmed PHH Mortgage Corporation's (PMC) Caa1 corporate family rating (CFR) and B2 senior secured rating. PMC's outlook was changed to positive from stable.Affirmations:..Issuer: PHH Mortgage Corporation.... Corporate Family Rating, Affirmed Caa1....Senior Secured 1st Lien Regular Bond/Debenture, Affirmed B2Outlook Actions:..Issuer: PHH Mortgage Corporation....Outlook, Changed To Positive From StableRATINGS RATIONALEThe affirmation of PMC's ratings reflects the firm's currently weak but improving profitability and modest capital levels.PM... |
Ocwen Financial (OCN) Q2 2022 Earnings Call TranscriptSpeaking on the call will be Ocwen's chief executive officer, Glen Messina; and chief financial officer, Sean O'Neil. As a reminder, the presentation and our comments today may contain forward-looking statements made pursuant to the safe harbor provisions of the federal securities laws. Forward-looking statements involve assumptions, risks and uncertainties, including the risks and uncertainties described in our SEC filings, including our Form 10-K for the year ended December 31, 2021, and our current and quarterly reports since such date. |
Ocwen Financial Announces Second Quarter 2022 ResultsNet income of $10 million and earnings per share of $1.12; return on equity of 8%Net income includes MSR Fair Value Net gain of $34 million and asset sales loss and other unfavorable mark-to-market adjustments of $15 millionBook value per share of $59 as of June 30, 2022, up 22% from June 30, 2021Purchased $25 million in PHH bonds below par; repurchased $17 million of stock as of July 31Total liquidity of $266 million WEST PALM BEACH, Fla., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Ocwen Financial Corpo |
Zacks Industry Outlook Highlights Walker & Dunlop, Velocity Financial and Ocwen FinancialWalker & Dunlop, Velocity Financial and Ocwen Financial are part of Zacks Industry Outlook article. |
OCN Price Returns
| 1-mo | 0.29% |
| 3-mo | -16.05% |
| 6-mo | 12.59% |
| 1-year | -12.36% |
| 3-year | -7.31% |
| 5-year | -55.44% |
| YTD | -39.13% |
| 2021 | 38.26% |
| 2020 | 40.68% |
| 2019 | 2.24% |
| 2018 | -57.19% |
| 2017 | -41.93% |
Continue Researching OCN
Want to see what other sources are saying about Ocwen Financial Corp's financials and stock price? Try the links below:Ocwen Financial Corp (OCN) Stock Price | Nasdaq
Ocwen Financial Corp (OCN) Stock Quote, History and News - Yahoo Finance
Ocwen Financial Corp (OCN) Stock Price and Basic Information | MarketWatch
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