What is B. Riley's Forecast for Onity Group Q3 Earnings?

Key Points

• B. Riley has lowered its Q3 2025 earnings per share estimate for Onity Group from $2.10 to $1.92, while maintaining a "Buy" rating and a price target of $55.00.
• Onity Group recently reported Q2 earnings of $1.87 per share, which fell short of analysts' expectations, resulting in a 3.74% net margin and a revenue of $246.60 million.
• Institutional investors now own 70.16% of Onity Group's stock, with several firms acquiring new stakes valued at over $2 million during the last quarter.

Onity Group Inc. (NYSE:ONIT - Free Report) - Analysts at B. Riley cut their Q3 2025 earnings per share estimates for shares of Onity Group in a note issued to investors on Monday, August 11th. B. Riley analyst R. Binner now forecasts that the company will post earnings of $1.92 per share for the quarter, down from their previous estimate of $2.10. B. Riley has a "Buy" rating and a $55.00 price objective on the stock. 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 FY2025 earnings at $9.00 EPS.

Several other research analysts have also recently issued reports on the stock. BTIG Research reiterated a "buy" rating on shares of Onity Group in a report on Monday, May 5th. Keefe, Bruyette & Woods raised their price objective on shares of Onity Group from $50.00 to $55.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Finally, Wall Street Zen lowered shares of Onity Group from a "buy" rating to a "hold" rating in a research note on Sunday.

Onity Group Stock Performance

Shares of NYSE:ONIT traded down $1.59 during trading hours on Wednesday, hitting $39.91. The stock had a trading volume of 66,677 shares, compared to its average volume of 52,737. The stock's fifty day simple moving average is $38.11 and its 200 day simple moving average is $35.35. Onity Group has a 1-year low of $25.50 and a 1-year high of $41.92. The firm has a market capitalization of $321.67 million, a price-to-earnings ratio of 10.18 and a beta of 1.41. The company has a debt-to-equity ratio of 23.99, a quick ratio of 37.90 and a current ratio of 37.90.

Onity Group (NYSE:ONIT - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $1.87 EPS for the quarter, missing the consensus estimate of $2.08 by ($0.21). The company had revenue of $246.60 million for the quarter, compared to the consensus estimate of $252.90 million. Onity Group had a return on equity of 18.99% and a net margin of 3.74%.

Hedge Funds Weigh In On Onity Group

A number of institutional investors have recently modified their holdings of the stock. Long Focus Capital Management LLC boosted its holdings in shares of Onity Group by 3.8% in the first quarter. Long Focus Capital Management LLC now owns 677,088 shares of the company's stock valued at $21,883,000 after buying an additional 25,000 shares during the period. Dimensional Fund Advisors LP bought a new stake in Onity Group during the fourth quarter worth $12,178,000. Deer Park Road Corp bought a new position in shares of Onity Group in the fourth quarter valued at about $9,561,000. Prescott Group Capital Management L.L.C. grew its stake in shares of Onity Group by 7.9% in the first 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 in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Onity Group by 6.3% in the second quarter. Geode Capital Management LLC now owns 148,257 shares of the company's stock valued at $5,660,000 after acquiring an additional 8,748 shares in the last quarter. 70.16% of the stock is owned by institutional investors.

Onity Group Company Profile

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.