NYSE:OCN Ocwen Financial (OCN) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free OCN Stock Alerts $24.77 +0.32 (+1.31%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$24.03▼$25.8750-Day Range$22.74▼$28.9852-Week Range$21.15▼$35.79Volume7,923 shsAverage Volume8,006 shsMarket Capitalization$192.22 millionP/E RatioN/ADividend YieldN/APrice Target$39.00 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/Downside57.4% Upside$39.00 Price TargetShort InterestHealthy0.54% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider 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.3.62 out of 5 starsFinance Sector352nd out of 855 stocksMortgage Bankers & Correspondents Industry2nd out of 6 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. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.54% 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 2.7, 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 30.56%, indicating that investor sentiment is improving significantly. 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 1.9 News and Social Media Coverage News SentimentOcwen Financial has a news sentiment score of 0.50. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Ocwen Financial this week, compared to 1 article on an average week.Search Interest2 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 5.80% 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. Previous Next 2.5 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 -2.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ocwen Financial is -2.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOcwen Financial has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBiden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.See his shocking evidence in this new report 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 HeadlinesApril 24, 2024 | americanbankingnews.comReviewing Ocwen Financial (NYSE:OCN) & Nuveen Churchill Direct Lending (NYSE:NCDL)April 14, 2024 | bizjournals.comCoral Gables company chairman dies, successor namedApril 24, 2024 | Insiders Exposed (Ad)The Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.April 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 & ReportsApril 24, 2024 | Insiders Exposed (Ad)The Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.March 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 ResultsFebruary 27, 2024 | finance.yahoo.comOcwen Financial Corp (OCN) Reports Full Year and Q4 2023 ResultsFebruary 27, 2024 | globenewswire.comOcwen Financial Announces Full Year and Fourth Quarter 2023 ResultsFebruary 26, 2024 | benzinga.comOcwen Financial's Earnings: A PreviewFebruary 26, 2024 | msn.comOcwen Financial Q4 2023 Earnings PreviewFebruary 20, 2024 | finance.yahoo.comOcwen Financial Schedules Conference Call – Fourth Quarter and Full Year 2023 ResultsFebruary 20, 2024 | globenewswire.comOcwen Financial Schedules Conference Call – Fourth Quarter and Full Year 2023 ResultsFebruary 18, 2024 | finance.yahoo.comOCN Mar 2024 30.000 callFebruary 17, 2024 | money.usnews.comOcwen Financial Corp.February 14, 2024 | finance.yahoo.comTop 20 Biggest Mortgage Companies in the USJanuary 16, 2024 | finance.yahoo.comInvestors in Ocwen Financial (NYSE:OCN) have unfortunately lost 15% over the last yearDecember 14, 2023 | finance.yahoo.comWhy Fast-paced Mover Ocwen (OCN) Is a Great Choice for Value InvestorsSee 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 Earnings2/27/2024Today4/24/2024Next Earnings (Estimated)5/02/2024Fiscal 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$39.00 High Stock Price Target$50.00 Low Stock Price Target$28.00 Potential Upside/Downside+54.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($8.55) Trailing P/E RatioN/A Forward P/E Ratio4.52 P/E GrowthN/ANet Income$-63,700,000.00 Net Margins-5.97% Pretax Margin-5.45% Return on Equity10.21% Return on Assets0.34% Debt Debt-to-Equity Ratio23.13 Current Ratio18.14 Quick Ratio18.14 Sales & Book Value Annual Sales$1.07 billion Price / Sales0.18 Cash Flow$11.05 per share Price / Cash Flow2.28 Book Value$52.34 per share Price / Book0.48Miscellaneous Outstanding Shares7,760,000Free Float7,315,000Market Cap$195.55 million OptionableOptionable Beta1.88 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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:UWMCNorwood FinancialNASDAQ:NWFLParke BancorpNASDAQ:PKBKBankwell Financial GroupNASDAQ:BWFGView All CompetitorsInstitutional OwnershipTower Research Capital LLC TRC Bought 541 shares on 2/13/2024Ownership: 0.014%Russell Investments Group Ltd.Sold 16,063 shares on 2/5/2024Ownership: 0.018%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 brokers have issued twelve-month price objectives for Ocwen Financial's stock. Their OCN share price targets range from $28.00 to $50.00. On average, they predict the company's share price to reach $39.00 in the next year. This suggests a possible upside of 57.4% 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 on January 1st, 2024. Since then, OCN stock has decreased by 19.5% and is now trading at $24.77. View the best growth stocks for 2024 here. Are investors shorting Ocwen Financial? Ocwen Financial saw a drop in short interest in March. As of March 31st, there was short interest totaling 32,500 shares, a drop of 30.6% from the March 15th total of 46,800 shares. Based on an average daily volume of 12,000 shares, the short-interest ratio is presently 2.7 days. Approximately 0.5% of the shares of the stock are short sold. 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, May 2nd 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 for the quarter, topping analysts' consensus estimates of $1.09 by $0.35. The financial services provider had revenue of $277.30 million for the quarter, compared to analysts' expectations of $260.23 million. Ocwen Financial had a positive trailing twelve-month return on equity of 10.21% and a negative net margin of 5.97%. When did Ocwen Financial's stock split? Ocwen Financial's stock reverse split 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 closing bell 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). 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 4/24/2024 by MarketBeat.com Staff From Our PartnersThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressThe #1 Crypto for 2024InvestorPlaceDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingThe Greatest Bull Market in Crypto History…Weiss RatingsExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders 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. 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