Ocwen Financial Corporation Company Profile (NYSE:OCN)

Analyst Ratings

Consensus Ratings for Ocwen Financial Corporation (NYSE:OCN) (?)
Ratings Breakdown: 1 Sell Rating(s), 7 Hold Rating(s)
Consensus Rating:Hold (Score: 1.88)
Consensus Price Target: $5.71 (240.14% upside)

Analysts' Ratings History for Ocwen Financial Corporation (NYSE:OCN)
Show:
DateFirmActionRatingPrice TargetActions
4/28/2016Piper Jaffray Cos.Reiterated RatingHold$4.00 -> $2.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/28/2016Compass PointLower Price TargetNeutral$4.00 -> $3.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/29/2016Citigroup Inc.Boost Price TargetNeutral$2.50 -> $3.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/3/2016Bank of America Corp.Reiterated RatingUnderperform$8.00 -> $2.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/1/2016Oppenheimer Holdings Inc.Reiterated RatingMarket PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/18/2015Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$8.50 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/3/2015Stifel NicolausLower Price TargetMarket Perform$10.00 -> $8.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/31/2015Sterne Agee CRTDowngradeBuy -> Neutral$12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/4/2015Goldman Sachs Group Inc.DowngradeBuy -> Neutral$32.00 -> $35.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/13/2015Barclays PLCLower Price TargetEqual Weight$20.00 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/22/2014Evercore ISIDowngradeBuy -> Hold$40.00 -> $24.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/25/2014 forward)

Earnings

Earnings History for Ocwen Financial Corporation (NYSE:OCN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/27/2016($0.43)N/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/27/2016Q1($0.39)($0.90)$346.28 million$330.76 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/29/2016Q4($0.29)($1.79)$367.60 million$362.46 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2015Q3($0.35)($0.53)$410.24 million$405.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/30/2015Q2$0.20$0.08$463.50 million$463.30 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/30/2015Q115$0.13$0.27$510.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/14/2015$0.35($1.42)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2014Q314$0.59$0.58$542.76 million$485.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2014Q214$0.79$0.48$553.83 million$553.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2014Q114$0.98$0.54$570.58 million$551.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/27/2014Q413$0.81$0.74$562.08 million$556.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2013Q313$1.10$0.44$591.85 million$531.24 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2013Q2 2013$1.02$0.53$515.88 million$530.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2013Q1 2013$0.74$0.31$358.00 million$376.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/28/2013Q4 2012$0.50$0.47$231.28 million$236.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/1/2012Q312$0.40$0.37$228.33 million$232.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/2/2012$0.32$0.32ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2012$0.31$0.14ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2012$0.30$0.08ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/4/2011$0.28$0.25ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ocwen Financial Corporation (NYSE:OCN)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.55)($0.55)($0.55)
Q2 20161($0.55)($0.55)($0.55)
Q3 20161($0.60)($0.60)($0.60)
Q4 20161($0.60)($0.60)($0.60)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Ocwen Financial Corporation (NYSE:OCN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Ocwen Financial Corporation (NYSE:OCN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
4/29/2016Kingstown Capital Partners, LlInsiderSell250,000$2.26$565,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/28/2016Richard Basil GordonDirectorBuy1,000$0.26$260.00Tweet This Trade  Share This Trade on StockTwits
3/24/2016Richard Basil GordonDirectorBuy1,500$0.25$375.00Tweet This Trade  Share This Trade on StockTwits
3/22/2016Richard Basil GordonDirectorBuy3,000$0.27$810.00Tweet This Trade  Share This Trade on StockTwits
3/21/2016Glenn HolmesDirectorBuy5,000$0.25$1,250.00Tweet This Trade  Share This Trade on StockTwits
3/18/2016Richard Basil GordonDirectorBuy2,000$0.28$560.00Tweet This Trade  Share This Trade on StockTwits
3/16/2016Richard Basil GordonDirectorBuy2,000$0.27$540.00Tweet This Trade  Share This Trade on StockTwits
3/11/2016Otto J KumbarEVPBuy50,000$2.92$146,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/8/2016Otto J KumbarEVPBuy50,000$2.70$135,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/3/2016Arthur C Walker JrSVPBuy10,000$2.27$22,700.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/19/2016Richard Basil GordonDirectorBuy5,000$0.22$1,100.00Tweet This Trade  Share This Trade on StockTwits
1/21/2016Richard Basil GordonDirectorBuy1,000$0.16$160.00Tweet This Trade  Share This Trade on StockTwits
11/24/2015Timothy M HayesEVPBuy2,000$6.46$12,920.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/13/2015Ronald M. FarisCEOBuy5,000$6.19$30,950.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/30/2015Richard Basil GordonDirectorBuy2,000$0.19$380.00Tweet This Trade  Share This Trade on StockTwits
9/25/2015Richard Basil GordonDirectorBuy1,000$0.21$210.00Tweet This Trade  Share This Trade on StockTwits
6/25/2015Glenn HolmesDirectorBuy2,500$0.20$487.50Tweet This Trade  Share This Trade on StockTwits
3/13/2015Glenn HolmesDirectorBuy1,500$0.25$375.00Tweet This Trade  Share This Trade on StockTwits
12/4/2014Richard Basil GordonDirectorBuy3,000$0.26$780.00Tweet This Trade  Share This Trade on StockTwits
11/6/2014Richard Basil GordonDirectorBuy2,000$0.35$700.00Tweet This Trade  Share This Trade on StockTwits
7/14/2014Wilbur L Ross JrDirectorSell1,950,296$37.00$72,160,952.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/21/2013Barry WishDirectorSell250,000$53.53$13,382,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/18/2013Timothy HayesEVPBuy1,000$52.44$52,440.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/23/2013Wilbur Ross, Jr.DirectorSell3,145,640$50.19$157,879,671.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/22/2013Nikhil MalikCFOSell7,500$50.49$378,675.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/7/2013Barry WishDirectorSell300,000$50.29$15,087,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/11/2013Ronald J KornDirectorSell2,000$45.00$90,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Ocwen Financial Corporation (NYSE:OCN)
DateHeadline
07/23/16 05:08 PMOcwen Financial Corp. (NYSE:OCN) Near to Lift Curtain on June 2016 Earnings - The Voice Registrar
07/23/16 05:08 PMOcwen Financial Corp. (NYSE:OCN) Stock Declines, Analysts: Hold Rating - Review Fortune
07/21/16 06:30 AMOcwen Financial Corporation Schedules Conference Call - 2nd Quarter 2016 Results - [GlobeNewswire] - WEST PALM BEACH, Fla., July 21, 2016-- Ocwen Financial Corporation will hold a conference call on Wednesday, July 27, 2016 at 5:00 p.m. to review the Company’ s 2 nd Quarter 2016 operating results. These ...
07/20/16 06:23 PMOcwen pays down more debt - Seeking Alpha
07/20/16 02:17 PMAs CFPB Hits Fifth Birthday, Not Everyone Is Celebrating -
07/20/16 08:30 AMOcwen Financial Corporation (NYSE:OCN) Updated Price Targets - FTSE News
07/20/16 08:30 AMOcwen Financial Corp. (NYSE:OCN) Fundamental Star Rating Report - CML News
07/20/16 05:31 AMBRIEF-Ocwen Financial pays down about $26.3 mln of senior term loan - * Following the pay down, the company has about $342.7 million outstanding under its senior secured term loan - sec filing
07/20/16 05:02 AMOCWEN FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure -
07/19/16 07:31 AMTraders Recap: Ocwen Financial Corp(NYSE:OCN), Unilever plc (ADR)(NYSE:UL) - NYSE Journal (press release)
07/19/16 07:15 AMOcwen and NID to Hold Borrower Outreach Event in San Bernardino - [GlobeNewswire] - WEST PALM BEACH, Fla., July 19, 2016-- Ocwen Financial Corporation, a leading financial services holding company, and NID Housing Counseling Agency, a U.S. Department of Housing and Urban Development- ...
07/18/16 10:59 AMOcwen Financial Corporation (NYSE:OCN) Earnings Concentration and Analyst Target Watch - Engelwood Daily
07/18/16 10:59 AMShares of Ocwen Financial Corporation (OCN) Rally 11.04% - Trade Calls
07/17/16 04:59 PMOcwen Financial Corporation (NYSE:OCN) Sellers Increased By 0.67% Their Shorts - Consumer Eagle
07/15/16 10:33 AMFinancial Stocks Highlights: Ocwen Financial Corp (NYSE:OCN), Banco Santander, S.A. (ADR) (NYSE:SAN) - share market updates (press release)
07/13/16 08:32 AMAnalyst Target and Average Rating Watch: Ocwen Financial Corporation (NYSE:OCN) - Press Telegraph
07/13/16 08:32 AMShort Term Rating on Ocwen Financial Corporation (OCN) - TheFounders Daily
07/12/16 09:56 AMOcwen complex recovers - Seeking Alpha
07/12/16 09:56 AMOcwen Financial Corporation (NYSE:OCN) Shorted Shares Increased By 0.67% - Consumer Eagle
07/12/16 09:56 AMCurrent Ocwen Financial Corp. (NYSE:OCN) PT Means Stock Is Worth Almost $5 - Review Fortune
07/11/16 10:14 AMCan Ocwen Financial Corporation (NYSE:OCN) Improve on the Earnings Front? - Engelwood Daily
07/11/16 10:14 AMCompany Shares of Ocwen Financial Corporation (NYSE:OCN) Drops by -6.32% - TheFounders Daily
07/10/16 04:57 PMNext Weeks Broker Price Targets For Ocwen Financial Corporation (NYSE:OCN) - Fiscal Standard
07/08/16 02:05 PMBroker Outlook For Ocwen Financial Corporation (NYSE:OCN) - Fiscal Standard
07/08/16 08:33 AMPerformance Recap and Target Perspective on Ocwen Financial Corporation (NYSE:OCN) - Press Telegraph
07/08/16 08:33 AMOcwen Financial : Delivers Borrowers Solutions Through the U.S. Department of the Treasury's New Streamlined Modification Program
07/08/16 07:41 AMOcwen Delivers Borrowers Solutions Through the U.S. Department of the Treasury's New Streamlined Modification Program - [at noodls] - 065d414a-e404-4b04-9796-86e362db99bb.pdf July 8, 2016 4,100 Permanent Modifications Granted During First Six Months of 2016 WEST PALM BEACH, Fla., July 08, 2016 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation ...
07/08/16 07:15 AMOcwen Delivers Borrowers Solutions Through the U.S. Department of the Treasury’s New Streamlined Modification Program - [GlobeNewswire] - WEST PALM BEACH, Fla., July 08, 2016-- Ocwen Financial Corporation, a leading financial services holding company, today announced that the Company has initiated over 14,000 trial plans to borrowers under ...
07/07/16 08:31 AMOcwen Financial Corporation (OCN) : Analyst Rating Update - TheFounders Daily
07/06/16 10:13 AMShare Volatility in Focus: Ocwen Financial Corp. (NYSE:OCN) - Engelwood Daily
07/06/16 10:13 AMThis Hot Stock is Trending: Ocwen Financial Corp. (NYSE:OCN) - News Oracle
07/04/16 04:54 PMShare Performance Recap for: Ocwen Financial Corp. (NYSE:OCN) - Press Telegraph
07/04/16 04:54 PMBroker Outlook For The Week Ahead Ocwen Financial Corporation (NYSE:OCN) - Fiscal Standard
07/01/16 05:37 PMShort Term Price Target on Ocwen Financial Corporation (OCN) - Trade Calls
07/01/16 08:22 AMStocks under Consideration: Ocwen Financial Corp (NYSE:OCN), Stillwater Mining Company (NYSE:SWC ... - iStreetWire
06/30/16 03:15 PMOcwen and NID Announce California-Focused Homeowner Initiative - [GlobeNewswire] - WEST PALM BEACH, Fla., June 30, 2016-- Ocwen Financial Corporation, a leading financial services holding company, and NID Housing Counseling Agency, a U.S. Department of Housing and Urban Development- ...
06/27/16 08:22 AMOcwen (OCN) to Pay $30M to Settle HAMP Disclosure Issues -
06/23/16 06:08 PMOcwen pays $30M to settle two Fisher cases
06/23/16 03:03 PMOcwen Financial (OCN) Stock Spiking, Settles Suit for $30 Million -
06/23/16 11:30 AM[$$] Ocwen to Pay $30 Million to Resolve Disclosure Suits -
06/23/16 05:35 AMOCWEN FINANCIAL CORP Files SEC form 8-K, Other Events -
06/22/16 05:29 PMOcwen Financial Corp. (NYSE:OCN) Stock Momentum Hits EXTREME Weakness - CML News
06/22/16 10:20 AMOcwen surges premarket on good news from Fitch
06/22/16 10:20 AMFitch Affirms Ocwen Financial Corp at 'B-'; Outlook Stable - Yahoo Finance UK
06/21/16 05:10 PMFitch Affirms Ocwen Financial Corp at 'B-'; Outlook Stable - Business Wire (press release)
06/16/16 05:47 PMStock in Action: Ocwen Financial Corp. (NYSE:OCN) - News Oracle
06/15/16 05:34 PMComprehensive Report on: Ocwen Financial Corp. (NYSE:OCN), The WhiteWave Foods Company (NYSE:WWAV) - Beacon Chronicle
06/14/16 10:22 AMAnalyst Price Target Update on Ocwen Financial Corporation (NYSE:OCN) - TheFounders Daily
06/10/16 08:33 AMWhat should one expect from? - Ocwen Financial Corp. (NYSE:OCN), LinkedIn Corporation (NYSE:LNKD) - Beacon Chronicle
06/09/16 08:35 AMFloating Price Update: Ocwen Financial Corporation (NYSE:OCN) , Royal Bank Scotland plc (NYSE:RBS) - Street Updates

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About Ocwen Financial Corporation

Ocwen Financial Corporation logoOcwen Financial Corporation is a financial services holding company. The Company, through its subsidiaries, operates as a mortgage company. The Company's segments include Servicing, Lending, and Corporate Items and Other. The Company's Servicing segment consists of its core residential servicing business. The Company's Lending segment is focused on originating and purchasing conventional and government-insured residential forward and reverse mortgage loans. The Company's Corporate Items and Other segment includes business activities that include providing secured floor plan lending to used car dealerships through its Automotive Capital Services (ACS) venture and providing financing to investors to purchase single-family homes and apartments for lease through its Liberty Rental Finance venture. The Corporate Items and Other segment also includes the diversified fee-based businesses, which provide property valuation, real estate owned (REO) management, title and closing services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Mortgage Investment
  • Sub-Industry: Thrifts & Mortgage Finance
  • Exchange: NYSE
  • Symbol: OCN
  • CUSIP: 67574630
Key Metrics:
  • Previous Close: $1.60
  • 50 Day Moving Average: $1.72
  • 200 Day Moving Average: $3.09
  • P/E Ratio: N/A
  • P/E Growth: -0.25
  • Market Cap: $198.16M
  • Beta: 1.11
  • Current Year EPS Consensus Estimate: $-2.11 EPS
  • Next Year EPS Consensus Estimate: $-0.84 EPS
Additional Links:
Ocwen Financial Corporation (NYSE:OCN) Chart for Monday, July, 25, 2016