NYSE:OCN - Ocwen Financial Stock Price, Forecast & News

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

Ocwen Financial Corp (NYSE:OCN) posted its quarterly earnings data on Tuesday, November, 5th. The financial services provider reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.31) by $0.01. The financial services provider had revenue of $283.15 million for the quarter, compared to analyst estimates of $258 million. Ocwen Financial had a negative return on equity of 39.67% and a negative net margin of 15.29%. The firm's quarterly revenue was up 18.8% on a year-over-year basis. During the same period in the prior year, the company earned ($0.31) earnings per share. View Ocwen Financial's Earnings History.

Ocwen Financial is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Ocwen Financial.

News coverage about OCN stock has been trending very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Ocwen Financial earned a daily sentiment score of 3.3 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Ocwen Financial.

Ocwen Financial saw a decrease in short interest in January. As of January 15th, there was short interest totalling 1,360,000 shares, a decrease of 17.1% from the December 31st total of 1,640,000 shares. Based on an average trading volume of 334,400 shares, the short-interest ratio is currently 4.1 days. Currently, 1.3% of the shares of the company are sold short. View Ocwen Financial's Current Options Chain.

Some companies that are related to Ocwen Financial include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Simply Good Foods (SMPL), WSFS Financial (WSFS), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB) and Brookline Bancorp (BRKL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ocwen Financial investors own include GT Advanced Technologies (GTATQ), Mobileye (MBBYF), GoPro (GPRO), Pandora Media (P), Groupon (GRPN), General Electric (GE), Ford Motor (F), Gilead Sciences (GILD), MannKind (MNKD) and Tesla (TSLA).

Ocwen Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.19%), SG Americas Securities LLC (0.15%) and Janney Montgomery Scott LLC (0.04%). Company insiders that own Ocwen Financial stock include Glen A Messina, Jacques J Busquet, Jenne K Britell, June C Campbell, Kevin Stein, Leon G Cooperman, Phyllis R Caldwell, Robert J Lipstein and Timothy J Yanoti. View Institutional Ownership Trends for Ocwen Financial.

OCN stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, SG Americas Securities LLC and Janney Montgomery Scott LLC. Company insiders that have bought Ocwen Financial stock in the last two years include Glen A Messina, Jacques J Busquet, Jenne K Britell, June C Campbell, Kevin Stein, Leon G Cooperman, Phyllis R Caldwell, Robert J Lipstein and Timothy J Yanoti. View Insider Buying and Selling for Ocwen Financial.

Shares of OCN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of OCN stock can currently be purchased for approximately $1.28.

Ocwen Financial has a market capitalization of $172.51 million and generates $1.06 billion in revenue each year. Ocwen Financial employs 7,200 workers across the globe.View Additional Information About Ocwen Financial.

The official website for Ocwen Financial is http://www.ocwen.com/.

Ocwen Financial's mailing address is 1661 WORTHINGTON ROAD SUITE 100, WEST PALM BEACH FL, 33409. The financial services provider can be reached via phone at 561-682-8000 or via email at [email protected]