B. Riley Has Pessimistic Outlook of 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) - B. Riley dropped their Q3 2025 EPS estimates for Onity Group in a report released on Monday, August 11th. B. Riley analyst R. Binner now anticipates that the company will post earnings per share of $1.92 for the quarter, down from their prior forecast of $2.10. B. Riley currently has a "Buy" rating and a $55.00 price target 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.

Other equities analysts have also recently issued reports about the stock. BTIG Research reissued a "buy" rating on shares of Onity Group in a research report on Monday, May 5th. Wall Street Zen upgraded shares of Onity Group from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Onity Group from $50.00 to $55.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th.

Onity Group Trading Down 3.8%

Shares of NYSE ONIT traded down $1.59 during midday trading on Wednesday, reaching $39.91. 66,677 shares of the stock were exchanged, compared to its average volume of 52,737. The business has a 50-day simple moving average of $38.11 and a two-hundred day simple moving average of $35.35. The company has a market capitalization of $321.67 million, a price-to-earnings ratio of 10.18 and a beta of 1.41. Onity Group has a 12 month low of $25.50 and a 12 month high of $41.92. The company has a debt-to-equity ratio of 23.99, a current ratio of 37.90 and a quick ratio of 37.90.

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

Institutional Trading of Onity Group

A number of institutional investors and hedge funds have recently made changes to their positions in ONIT. Corebridge Financial Inc. bought a new stake in shares of Onity Group during the 4th quarter worth approximately $98,000. JPMorgan Chase & Co. increased its position in Onity Group by 205.6% during the 4th quarter. JPMorgan Chase & Co. now owns 52,723 shares of the company's stock worth $1,619,000 after purchasing an additional 35,468 shares in the last quarter. Geode Capital Management LLC acquired a new position in Onity Group during the 4th quarter worth approximately $4,163,000. Wells Fargo & Company MN acquired a new position in Onity Group during the 4th quarter worth approximately $116,000. Finally, Renaissance Technologies LLC acquired a new position in Onity Group during the 4th quarter worth approximately $747,000. Institutional investors own 70.16% of the company's stock.

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.