Ocwen Financial Corporation Company Profile (NYSE:OCN)

About Ocwen Financial Corporation

Ocwen Financial Corporation is a financial services holding company. The Company, through its subsidiaries, operates as a mortgage company. The Company's segments include Servicing, Lending, and Corporate Items and Other. The Company's Servicing segment consists of its core residential servicing business. The Company's Lending segment is focused on originating and purchasing conventional and government-insured residential forward and reverse mortgage loans. The Company's Corporate Items and Other segment includes business activities that include providing secured floor plan lending to used car dealerships through its Automotive Capital Services (ACS) venture and providing financing to investors to purchase single-family homes and apartments for lease through its Liberty Rental Finance venture. The Corporate Items and Other segment also includes the diversified fee-based businesses, which provide property valuation, real estate owned (REO) management, title and closing services.

Industry, Sector and Symbol:

Sector: Finance
Industry: Mortgage Investment
Sub-Industry: Thrifts & Mortgage Finance
Exchange: NYSE
Symbol: OCN
CUSIP: 67574630

Key Metrics:

Previous Close: $3.50
50 Day Moving Average: $3.29
200 Day Moving Average: $2.39
52-Week Range: $1.29 - $8.34
Trailing P/E Ratio: N/A
Foreward P/E Ratio: -4.02
P/E Growth: -0.55
Market Cap: $433.95M
Outstanding Shares: 123,986,000
Beta: 1.23

Profitability:

Net Margins: -33.29%
Return on Equity: -31.51%
Return on Assets: -3.46%

Debt:

Debt-to-Equity Ratio: 7.12%
Current Ratio: 2.78%
Quick Ratio: 2.78%

Additional Links:

Companies Related to Ocwen Financial Corporation:

Consensus Ratings for Ocwen Financial Corporation (NYSE:OCN) (?)

Ratings Breakdown:	1 Sell Rating, 4 Hold Ratings, 1 Buy Rating
Consensus Rating:	Hold (Score: 2.00)
Consensus Price Target:	$2.90 (17.14% downside)

Analysts' Ratings History for Ocwen Financial Corporation (NYSE:OCN)

Show:

Date	Firm	Action	Rating	Price Target
9/14/2016	Compass Point	Upgrade	Neutral -> Buy	$4.50
8/8/2016	Piper Jaffray Cos.	Lower Price Target	Neutral	$2.50 -> $2.00
8/2/2016	Oppenheimer Holdings Inc.	Reiterated Rating
7/28/2016	Keefe, Bruyette & Woods	Lower Price Target	Market Perform	$5.00 -> $3.00
3/29/2016	Citigroup Inc.	Boost Price Target	Neutral	$2.50 -> $3.00
3/3/2016	Bank of America Corp.	Reiterated Rating	Underperform	$8.00 -> $2.00
8/3/2015	Stifel Nicolaus	Lower Price Target	Market Perform	$10.00 -> $8.50
7/31/2015	Sterne Agee CRT	Downgrade	Buy -> Neutral	$12.00
6/4/2015	Goldman Sachs Group Inc.	Downgrade	Buy -> Neutral	$32.00 -> $35.00
1/13/2015	Barclays PLC	Lower Price Target	Equal Weight	$20.00 -> $12.00
10/22/2014	Evercore ISI	Downgrade	Buy -> Hold	$40.00 -> $24.00

(Data available from 9/27/2014 forward)

Earnings History for Ocwen Financial Corporation (NYSE:OCN)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/26/2016
7/27/2016	Q2	($0.43)	($0.71)	$324.05 million	$373.05 million	View	Listen
4/27/2016	Q1	($0.39)	($0.90)	$346.28 million	$330.76 million	View	Listen
2/29/2016	Q4	($0.29)	($1.79)	$367.60 million	$362.46 million	View	Listen
10/28/2015	Q3	($0.35)	($0.53)	$410.24 million	$405.00 million	View	Listen
7/30/2015	Q2	$0.20	$0.08	$463.50 million	$463.30 million	View	Listen
4/30/2015	Q115	$0.13	$0.27		$510.40 million	View	N/A
4/14/2015		$0.35	($1.42)			View	N/A
10/30/2014	Q314	$0.59	$0.58	$542.76 million	$485.30 million	View	N/A
7/31/2014	Q214	$0.79	$0.48	$553.83 million	$553.10 million	View	N/A
5/1/2014	Q114	$0.98	$0.54	$570.58 million	$551.30 million	View	N/A
2/27/2014	Q413	$0.81	$0.74	$562.08 million	$556.00 million	View	N/A
10/31/2013	Q313	$1.10	$0.44	$591.85 million	$531.24 million	View	N/A
8/1/2013	Q2 2013	$1.02	$0.53	$515.88 million	$530.00 million	View	N/A
5/2/2013	Q1 2013	$0.74	$0.31	$358.00 million	$376.10 million	View	N/A
2/28/2013	Q4 2012	$0.50	$0.47	$231.28 million	$236.40 million	View	N/A
11/1/2012	Q312	$0.40	$0.37	$228.33 million	$232.70 million	View	N/A
8/2/2012		$0.32	$0.32			View	N/A
5/3/2012		$0.31	$0.14			View	N/A
2/23/2012		$0.30	$0.08			View	N/A
8/4/2011		$0.28	$0.25			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Ocwen Financial Corporation (NYSE:OCN)

Current Year EPS Consensus Estimate: $-2.19 EPS
Next Year EPS Consensus Estimate: $-0.87 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	1	($0.55)	($0.55)	($0.55)
Q2 2016	1	($0.55)	($0.55)	($0.55)
Q3 2016	1	($0.46)	($0.46)	($0.46)
Q4 2016	1	($0.54)	($0.54)	($0.54)

(Data provided by Zacks Investment Research)

Dividend History for Ocwen Financial Corporation (NYSE:OCN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trading History for Ocwen Financial Corporation (NYSE:OCN)

Insider Ownership Percentage: 5.17%
Institutional Ownership Percentage: 59.01%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
4/29/2016	Kingstown Capital Partners, Ll	Insider	Sell	250,000	$2.26	$565,000.00
3/28/2016	Richard Basil Gordon	Director	Buy	1,000	$0.26	$260.00
3/24/2016	Richard Basil Gordon	Director	Buy	1,500	$0.25	$375.00
3/22/2016	Richard Basil Gordon	Director	Buy	3,000	$0.27	$810.00
3/21/2016	Glenn Holmes	Director	Buy	5,000	$0.25	$1,250.00
3/18/2016	Richard Basil Gordon	Director	Buy	2,000	$0.28	$560.00
3/16/2016	Richard Basil Gordon	Director	Buy	2,000	$0.27	$540.00
3/11/2016	Otto J Kumbar	EVP	Buy	50,000	$2.92	$146,000.00
3/8/2016	Otto J Kumbar	EVP	Buy	50,000	$2.70	$135,000.00
3/3/2016	Arthur C Walker Jr	SVP	Buy	10,000	$2.27	$22,700.00
2/19/2016	Richard Basil Gordon	Director	Buy	5,000	$0.22	$1,100.00
1/21/2016	Richard Basil Gordon	Director	Buy	1,000	$0.16	$160.00
11/24/2015	Timothy M Hayes	EVP	Buy	2,000	$6.46	$12,920.00
11/13/2015	Ronald M. Faris	CEO	Buy	5,000	$6.19	$30,950.00
9/30/2015	Richard Basil Gordon	Director	Buy	2,000	$0.19	$380.00
9/25/2015	Richard Basil Gordon	Director	Buy	1,000	$0.21	$210.00
6/25/2015	Glenn Holmes	Director	Buy	2,500	$0.20	$487.50
3/13/2015	Glenn Holmes	Director	Buy	1,500	$0.25	$375.00
12/4/2014	Richard Basil Gordon	Director	Buy	3,000	$0.26	$780.00
11/6/2014	Richard Basil Gordon	Director	Buy	2,000	$0.35	$700.00
7/14/2014	Wilbur L Ross Jr	Director	Sell	1,950,296	$37.00	$72,160,952.00
11/21/2013	Barry Wish	Director	Sell	250,000	$53.53	$13,382,500.00
11/18/2013	Timothy Hayes	EVP	Buy	1,000	$52.44	$52,440.00
9/23/2013	Wilbur Ross, Jr.	Director	Sell	3,145,640	$50.19	$157,879,671.60
8/22/2013	Nikhil Malik	CFO	Sell	7,500	$50.49	$378,675.00
8/7/2013	Barry Wish	Director	Sell	300,000	$50.29	$15,087,000.00
6/11/2013	Ronald J Korn	Director	Sell	2,000	$45.00	$90,000.00

(Data available from 1/1/2013 forward)

Latest Headlines for Ocwen Financial Corporation (NYSE:OCN)

Date	Headline
	Stock under Discussion: Anavex Life Sciences Corp. (NASDAQ:AVXL), Ocwen Financial Corporation (NYSE:OCN) - Newburgh Press (NYSE:OCN) newburghpress.com - September 26 at 11:16 AM
	10 Stocks Murray Stahl Is Buying (NYSE:OCN) www.gurufocus.com - September 23 at 6:03 PM
	Stearns Picks up KB Home JV; Ocwen News; Impact of Prepayments Increasing (NYSE:OCN) www.mortgagenewsdaily.com - September 23 at 11:16 AM
	ETF’s with exposure to Ocwen Financial Corp. : September 23, 2016 (NYSE:OCN) www.capitalcube.com - September 23 at 11:16 AM
	My Watchlist for Friday, September 23 (NYSE:OCN) ac-investor.blogspot.com - September 22 at 6:15 PM
	Stock under Consideration: Ocwen Financial Corporation (NYSE ... - Newburgh Press (NYSE:OCN) newburghpress.com - September 21 at 6:10 PM
	The Key Numbers To Watch From Ocwen Financial Corporation (NYSE:OCN)'s Earnings - The Voice Registrar (NYSE:OCN) voiceregistrar.com - September 21 at 6:10 PM
	Ocwen Financial : Announces Pricing of $500 Million OMART Servicing Advance Securitization (NYSE:OCN) www.4-traders.com - September 18 at 10:48 AM
	Ocwen Financial : Outperforms Under The U.S. Department of the Treasurys New Streamlined Modification Program (NYSE:OCN) www.4-traders.com - September 17 at 6:04 PM
	Analysts Valuations For Two Stocks: Cliffs Natural Resources Inc ... - The Voice Registrar (NYSE:OCN) voiceregistrar.com - September 16 at 6:21 PM
	Ocwen Financial : Outperforms Under The U.S. Department of the Treasury's New Streamlined Modification Program (NYSE:OCN) www.4-traders.com - September 16 at 10:02 AM
	Analysts Valuations For Two Stocks: Cliffs Natural Resources Inc (NYSE:CLF), Ocwen Financial Corp (NYSE:OCN) - The Voice Registrar (NYSE:OCN) voiceregistrar.com - September 16 at 10:02 AM
	Ocwen Outperforms Under The U.S. Department of the Treasury’s New Streamlined Modification Program (NYSE:OCN) finance.yahoo.com - September 16 at 10:02 AM
	Ocwen Outperforms Under The U.S. Department of the Treasury's New Streamlined Modification Program (NYSE:OCN) www.publicnow.com - September 16 at 10:02 AM
	Ocwen Financial Corporation (NYSE: OCN) Upgraded at Compass Point - BNB Daily (blog) (NYSE:OCN) www.baseball-news-blog.com - September 15 at 6:36 PM
	Analysts Valuations For Two Stocks: Ocwen Financial Corp (NYSE:OCN), Oclaro, Inc. (NASDAQ:OCLR) - The Voice Registrar (NYSE:OCN) voiceregistrar.com - September 15 at 10:00 AM
	ETF’s with exposure to Ocwen Financial Corp. : September 9, 2016 (NYSE:OCN) www.capitalcube.com - September 9 at 6:11 PM
	Mortgage servicing giant in hot water with regulators (NYSE:OCN) www.bizjournals.com - September 8 at 6:18 PM
	Ocwen higher on Monitor progress - Seeking Alpha (NYSE:OCN) seekingalpha.com - September 8 at 10:22 AM
	Analysts Valuations For Two Stocks: Ocwen Financial Corp (NYSE ... - The Voice Registrar (NYSE:OCN) voiceregistrar.com - September 7 at 10:06 AM
	Placing Ocwen Financial Corporation (NYSE:OCN) Shares Under the Microscope - Post News (NYSE:OCN) www.kentuckypostnews.com - September 6 at 11:17 AM
	Ocwen Financial Corp (OCN): Kingstown Capital Management Lowers Stake - Insider Monkey (blog) (NYSE:OCN) www.insidermonkey.com - September 6 at 11:17 AM
	Ocwen Financial Corp (OCN): Kingstown Capital Management Lowers Stake (NYSE:OCN) feedproxy.google.com - September 5 at 6:34 AM
	BRIEF-Michael Blitzer reports 7.66 pct stake in Ocwen Financial Corp (NYSE:OCN) feeds.reuters.com - September 2 at 6:46 PM
	Ocwen Financial Corp.'s (OCN): Sizzling Stock - Hot Stocks Point (NYSE:OCN) www.hotstockspoint.com - September 1 at 9:43 AM
	What’s Ocwen Financial Corp (NYSE:OCN) After In Des Moines? (NYSE:OCN) marketexclusive.com - August 31 at 11:35 AM
	Stock Roundup - Ocwen Financial Corp.'s (OCN) - Hot Stocks Point (NYSE:OCN) www.hotstockspoint.com - August 31 at 11:35 AM
	Analysts Valuations For Two Stocks: Ocwen Financial Corp (NYSE:OCN), Cobalt International Energy, Inc. (NYSE:CIE) - The Voice Registrar (NYSE:OCN) voiceregistrar.com - August 31 at 11:35 AM
	Overbuying Stock on Analysts Radar: Ocwen Financial Corp (NYSE:OCN) - Post Registrar (NYSE:OCN) postregistrar.com - August 31 at 11:35 AM
	Ocwen and NAACP to Hold Homeowner Outreach Event in Washington State (NYSE:OCN) finance.yahoo.com - August 30 at 6:32 PM
	Ocwen Well Poised For Growth, Regulatory Probes Persist (NYSE:OCN) finance.yahoo.com - August 30 at 9:54 AM
	Ocwen Financial Corp (NYSE:OCN) Shares Rise Following WA-DFI ... - TCC (NYSE:OCN) www.thecountrycaller.com - August 27 at 10:51 AM
	Ocwen Financial Corp (OCN) Shares Rise Following WA-DFI Consent Order Agreement (NYSE:OCN) www.thecountrycaller.com - August 26 at 6:19 PM
	10 Stocks Moving In Friday's Pre-Market Session - Benzinga (NYSE:OCN) www.benzinga.com - August 26 at 9:36 AM
	OCWEN FINANCIAL CORP Files SEC form 8-K, Other Events (NYSE:OCN) biz.yahoo.com - August 25 at 6:35 PM
	Former bear grows even more bullish on Ocwen Financial (NYSE:OCN) seekingalpha.com - August 23 at 11:00 AM
	ETF’s with exposure to Ocwen Financial Corp. : August 22, 2016 (NYSE:OCN) www.capitalcube.com - August 22 at 6:33 PM
	Ocwen Financial Corporation (NYSE:OCN): The Buzzing Stock ... - Stocks Daily (NYSE:OCN) www.stocksdaily.net - August 21 at 10:40 AM
	Stocks in the Spotlight: Reynolds American Inc. (RAI), Ocwen Financial Corp. (OCN), The Gap, Inc. (GPS) - iStreetWire (NYSE:OCN) istreetwire.com - August 17 at 6:53 PM
	Ocwen Financial (OCN) Completes OMART Refinancing (NYSE:OCN) www.streetinsider.com - August 16 at 9:53 AM
	PHH Corporation - Company Sell-Off Rumors Could Yield Solid Gains (NYSE:OCN) seekingalpha.com - August 15 at 6:56 PM
	Oct OCN Calls Trade (NYSE:OCN) www.theoptionsinsider.com - August 10 at 7:02 PM
	Brokerage Recom. Worth Watching: Ocwen Financial Corp (NYSE:OCN) - The Voice Registrar (NYSE:OCN) voiceregistrar.com - August 9 at 6:52 PM
	Analyst Research and Ratings: Ocwen Financial Corp. (NYSE:OCN), Las Vegas Sands Corp. (NYSE:LVS) - TWN (NYSE:OCN) thewellesleysnews.com - August 9 at 6:52 PM
	Piper Jaffray Cuts Price Target on Ocwen Financial (OCN) to $2; Remains Sidelined (NYSE:OCN) www.streetinsider.com - August 8 at 6:47 PM
	ETF’s with exposure to Ocwen Financial Corp. : August 8, 2016 (NYSE:OCN) www.capitalcube.com - August 8 at 6:47 PM
	Piper Jaffray Cuts Price Target on Ocwen Financial (OCN) to $2; Remains Sidelined - StreetInsider.com (NYSE:OCN) www.streetinsider.com - August 8 at 11:18 AM
	Ocwen shareholder stumps for S&P upgrade - Seeking Alpha (NYSE:OCN) seekingalpha.com - August 8 at 11:18 AM
	Ocwen Financial Corp. :OCN-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:OCN) www.capitalcube.com - August 5 at 6:48 PM
	OCWEN FINANCIAL CORP Financials (NYSE:OCN) finance.yahoo.com - August 4 at 7:00 PM