Onity Group (ONIT) Projected to Post Earnings on Wednesday

Onity Group (NYSE:ONIT - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Wednesday, April 30th. Analysts expect Onity Group to post earnings of $1.90 per share and revenue of $244.63 million for the quarter.

Onity Group (NYSE:ONIT - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported $1.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.34 by ($0.95). The company had revenue of $224.80 million during the quarter, compared to analyst estimates of $253.37 million. Onity Group had a return on equity of 20.50% and a net margin of 3.47%. On average, analysts expect Onity Group to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Onity Group Price Performance

Shares of NYSE ONIT traded up $1.01 during mid-day trading on Tuesday, reaching $35.35. The company had a trading volume of 35,820 shares, compared to its average volume of 35,347. 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 cap of $278.31 million, a PE ratio of 8.64 and a beta of 1.58. The company has a 50-day moving average price of $30.93 and a two-hundred day moving average price of $31.82. Onity Group has a 1-year low of $22.40 and a 1-year high of $41.27.

Analyst Ratings Changes

Separately, B. Riley upgraded Onity Group to a "strong-buy" rating in a report on Tuesday, January 7th.

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.