What is B. Riley's Estimate for Onity Group Q2 Earnings?

Onity Group (NYSE:ONIT - Free Report) - Research analysts at B. Riley issued their Q2 2025 EPS estimates for Onity Group in a research report issued on Thursday, May 1st. B. Riley analyst R. Binner expects that the company will earn $2.28 per share for the quarter. The consensus estimate for Onity Group's current full-year earnings is $10.51 per share. B. Riley also issued estimates for Onity Group's Q3 2025 earnings at $2.46 EPS, Q4 2025 earnings at $1.84 EPS, FY2025 earnings at $9.50 EPS and FY2026 earnings at $11.00 EPS.

Onity Group (NYSE:ONIT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $2.84 earnings per share for the quarter, beating analysts' consensus estimates of $1.79 by $1.05. Onity Group had a net margin of 3.47% and a return on equity of 20.50%. The business had revenue of $249.80 million for the quarter, compared to the consensus estimate of $244.63 million.

ONIT has been the subject of several other research reports. Keefe, Bruyette & Woods upped their target price on shares of Onity Group from $45.00 to $50.00 and gave the stock an "outperform" rating in a research note on Wednesday. BTIG Research reissued a "buy" rating on shares of Onity Group in a research note on Monday.

Onity Group Trading Up 0.5 %

ONIT traded up $0.20 during trading on Monday, reaching $37.74. 1,429 shares of the company's stock were exchanged, compared to its average volume of 35,965. The firm has a fifty day moving average price of $31.67 and a two-hundred day moving average price of $32.15. Onity Group has a one year low of $22.40 and a one year high of $41.27. The company has a current ratio of 26.46, a quick ratio of 26.46 and a debt-to-equity ratio of 20.28. The stock has a market capitalization of $302.26 million, a PE ratio of 9.23 and a beta of 1.89.

Hedge Funds Weigh In On Onity Group

A number of hedge funds have recently bought and sold shares of ONIT. Prescott Group Capital Management L.L.C. boosted its holdings in Onity Group by 7.9% during the 1st quarter. Prescott Group Capital Management L.L.C. now owns 164,593 shares of the company's stock valued at $5,320,000 after acquiring an additional 12,000 shares during the period. Segall Bryant & Hamill LLC grew its position in shares of Onity Group by 42.1% during the 1st quarter. Segall Bryant & Hamill LLC now owns 60,420 shares of the company's stock valued at $1,953,000 after buying an additional 17,900 shares during the last quarter. GAMMA Investing LLC lifted its position in Onity Group by 7,724.6% in the first quarter. GAMMA Investing LLC now owns 4,460 shares of the company's stock worth $138,000 after purchasing an additional 4,403 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of Onity Group in the fourth quarter valued at $84,000. Finally, Two Sigma Investments LP acquired a new position in shares of Onity Group in the 4th quarter valued at about $662,000. Hedge funds and other institutional investors own 70.16% of the company's stock.

About Onity Group

Onity Group Inc, 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.