S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
NYSE:OCN

Ocwen Financial - OCN Stock Forecast, Price & News

$33.74
-0.27 (-0.79%)
(As of 11/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.02
$34.10
50-Day Range
$23.27
$37.05
52-Week Range
$17.76
$41.92
Volume
26,444 shs
Average Volume
40,042 shs
Market Capitalization
$256.09 million
P/E Ratio
3.04
Dividend Yield
N/A
Price Target
$50.00

Ocwen Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
48.2% Upside
$50.00 Price Target
Short Interest
Healthy
4.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.23mentions of Ocwen Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
219.27%
From $1.09 to $3.48 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Finance Sector

176th out of 907 stocks

Mortgage Bankers & Correspondents Industry

1st out of 7 stocks

OCN stock logo

About Ocwen Financial (NYSE:OCN) Stock

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. The company operates through Servicing and Originations segments. It provides commercial mortgage loan servicing, special servicing, and asset management services, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans to owners of mortgage loans and foreclosed real estate. The company also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. Ocwen Financial Corporation serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. The company was founded in 1988 and is headquartered in West Palm Beach, Florida.

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OCN Stock News Headlines

Ocwen Financial Announces Third Quarter 2022 Results
Earnings Preview: Ocwen Financial
OCN Ocwen Financial Corporation
Ocwen Financial Corp
Ocwen: Q2 Earnings Snapshot
See More Headlines
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OCN Company Calendar

Last Earnings
11/07/2021
Today
12/01/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/24/2023

Industry, Sector and Symbol

Industry
Mortgage bankers & correspondents
Sub-Industry
Thrifts & Mortgage Finance
Sector
Finance
CUSIP
67574630
Employees
5,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$50.00
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+48.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$18.08 million
Pretax Margin
10.00%

Debt

Sales & Book Value

Annual Sales
$1.05 billion
Cash Flow
$5.01 per share
Book Value
$71.95 per share

Miscellaneous

Free Float
7,317,000
Market Cap
$256.09 million
Optionable
Optionable
Beta
1.96

Key Executives

  • Mr. Glen A. Messina (Age 60)
    CEO, Pres & Director
    Comp: $2.71M
  • Mr. Dennis Zeleny (Age 67)
    Exec. VP & Chief Admin. Officer
    Comp: $1.14M
  • Mr. Scott William Anderson (Age 53)
    Exec. VP & Chief Servicing Officer
    Comp: $1.13M
  • Mr. George T. Henley (Age 54)
    Exec. VP & Chief Growth Officer
    Comp: $1.12M
  • Mr. Sean Bradley O'Neil
    Exec. VP & CFO
  • Mr. John V. Britti (Age 62)
    Exec. VP & Chief Investment Officer
  • Mr. Francois Grunenwald (Age 50)
    Sr. VP & Chief Accounting Officer
  • Mr. Michael K. Short
    VP of Bus. Devel. and Investor Relations
  • Mr. Stephen C. Swett
    Investors Contact
  • Mr. Alberino J. Celini (Age 59)
    Exec. VP, Chief Risk & Compliance Officer













OCN Stock - Frequently Asked Questions

Should I buy or sell Ocwen Financial stock right now?

2 Wall Street equities research 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 equities research analysts is that investors should "buy" OCN shares.
View OCN analyst ratings
or view top-rated stocks.

What is Ocwen Financial's stock price forecast for 2023?

2 Wall Street research analysts have issued 1 year price targets for Ocwen Financial's shares. Their OCN share price forecasts range from $50.00 to $50.00. On average, they anticipate the company's share price to reach $50.00 in the next year. This suggests a possible upside of 48.2% 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 2022?

Ocwen Financial's stock was trading at $39.97 at the start of the year. Since then, OCN shares have decreased by 15.6% and is now trading at $33.74.
View the best growth stocks for 2022 here
.

When is Ocwen Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 24th 2023.
View our OCN earnings forecast
.

How were Ocwen Financial's earnings last quarter?

Ocwen Financial Co. (NYSE:OCN) released its quarterly earnings results on Sunday, November, 7th. The financial services provider reported $2.29 earnings per share for the quarter, topping the consensus estimate of $1.05 by $1.24. The financial services provider had revenue of $283.10 million for the quarter, compared to the consensus estimate of $270.75 million. Ocwen Financial had a trailing twelve-month return on equity of 0.49% and a net margin of 10.40%. During the same period last year, the business earned ($1.09) earnings per share.

When did Ocwen Financial's stock split?

Shares of Ocwen Financial reverse split on the morning of 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 market closes 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).

What is Ocwen Financial's stock symbol?

Ocwen Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "OCN."

Who are Ocwen Financial's major shareholders?

Ocwen Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include Deer Park Road Corp (10.94%), Long Focus Capital Management LLC (8.79%), Vanguard Group Inc. (4.43%), Dimensional Fund Advisors LP (3.82%), BlackRock Inc. (1.91%) and Prescott Group Capital Management L.L.C. (1.60%). Insiders that own company stock include Deer Park Road Management Comp, Dennis Zeleny, George T Henley, Glen A Messina, Jacques J Busquet, June C Campbell and Kevin Stein.
View institutional ownership trends
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ocwen Financial's stock price today?

One share of OCN stock can currently be purchased for approximately $33.74.

How much money does Ocwen Financial make?

Ocwen Financial (NYSE:OCN) has a market capitalization of $256.09 million and generates $1.05 billion in revenue each year. The financial services provider earns $18.08 million in net income (profit) each year or $11.09 on an earnings per share basis.

How many employees does Ocwen Financial have?

The company employs 5,700 workers across the globe.

How can I contact Ocwen Financial?

Ocwen Financial's mailing address is 1661 WORTHINGTON ROAD SUITE 100, WEST PALM BEACH FL, 33409. The official website for the company is www.ocwen.com. The financial services provider can be reached via phone at (561) 682-8000, via email at investorservices@ocwen.com, or via fax at 561-681-8177.

This page (NYSE:OCN) was last updated on 12/1/2022 by MarketBeat.com Staff