Ocwen Financial Stock Price, News & Analysis (NYSE:OCN) $27.44 +0.23 (+0.85%) (As of 12/5/2023 ET) Add Compare Share Share Today's Range$26.75▼$27.7550-Day Range$21.37▼$27.4452-Week Range$21.15▼$36.97Volume21,002 shsAverage Volume31,152 shsMarket Capitalization$210.74 millionP/E RatioN/ADividend YieldN/APrice Target$30.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Ocwen Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside9.3% Upside$30.00 Price TargetShort InterestHealthy2.14% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth4.14%From $6.28 to $6.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.44 out of 5 starsFinance Sector629th out of 772 stocksMortgage Bankers & Correspondents Industry3rd out of 6 stocks 1.5 Analyst's Opinion Consensus RatingOcwen Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.00, Ocwen Financial has a forecasted upside of 9.3% from its current price of $27.44.Amount of Analyst CoverageOcwen Financial has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.14% of the float of Ocwen Financial has been sold short.Short Interest Ratio / Days to CoverOcwen Financial has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in Ocwen Financial has recently decreased by 10.94%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldOcwen Financial does not currently pay a dividend.Dividend GrowthOcwen Financial does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OCN. Previous Next 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Ocwen Financial this week, compared to 1 article on an average week.Search Interest2 people have searched for OCN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows1 people have added Ocwen Financial to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ocwen Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.80% of the stock of Ocwen Financial is held by insiders.Percentage Held by Institutions54.91% of the stock of Ocwen Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Ocwen Financial are expected to grow by 4.14% in the coming year, from $6.28 to $6.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ocwen Financial is -2.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ocwen Financial is -2.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOcwen Financial has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ocwen Financial Stock (NYSE:OCN)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. It serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.Read More OCN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OCN Stock News HeadlinesDecember 3, 2023 | americanbankingnews.comOcwen Financial (NYSE:OCN) Upgraded to "Hold" at StockNews.comNovember 21, 2023 | markets.businessinsider.comHold Rating for Ocwen Financial Amid High Earnings Volatility and Strategic Debt Buybacks: An Analysis by Eric Hagen from BTIGDecember 6, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 13, 2023 | finance.yahoo.comPHH Mortgage Announces New Subservicing Agreement With Zillow Home LoansNovember 8, 2023 | finance.yahoo.comQ3 2023 Ocwen Financial Corp Earnings CallNovember 7, 2023 | finanznachrichten.deOcwen Financial Corp.: Ocwen Financial Announces Third Quarter 2023 ResultsNovember 7, 2023 | msn.comOcwen FinancialEPS of $1.05, revenue of $255.5M misses by $10.51MNovember 7, 2023 | finance.yahoo.comOcwen Financial Announces Third Quarter 2023 ResultsDecember 6, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 7, 2023 | finance.yahoo.comOcwen Financial Corp (OCN) Reports Q3 2023 Earnings, Net Income of $8 MillionNovember 6, 2023 | msn.comOcwen Financial Q3 2023 Earnings PreviewOctober 6, 2023 | finance.yahoo.comWhat Makes Ocwen (OCN) a New Buy StockSeptember 25, 2023 | finance.yahoo.comLiberty Reverse Mortgage Wins National Association Of Mortgage Brokers 2023 Affiliate Of The Year AwardAugust 5, 2023 | finance.yahoo.comOcwen Financial Corporation (NYSE:OCN) Q2 2023 Earnings Call TranscriptAugust 3, 2023 | finance.yahoo.comOcwen Financial (OCN) Tops Q2 Earnings and Revenue Estimates (Revised)August 3, 2023 | finance.yahoo.comOcwen Financial (OCN) Reports Q2 Loss, Tops Revenue EstimatesAugust 3, 2023 | finanznachrichten.deOcwen Financial Corp.: Ocwen Financial Announces Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comOcwen Financial Announces Second Quarter 2023 ResultsJuly 27, 2023 | finance.yahoo.comInvesting in Ocwen Financial (NYSE:OCN) three years ago would have delivered you a 93% gainJune 29, 2023 | finance.yahoo.comOcwen Financial Corporation (NYSE:OCN) has caught the attention of institutional investors who hold a sizeable 45% stakeJune 24, 2023 | finance.yahoo.comOCN - Ocwen Financial CorporationJune 14, 2023 | markets.businessinsider.comJefferies Keeps Their Buy Rating on Ocwen Financial (OCN)June 2, 2023 | finance.yahoo.comOne Ocwen Financial Insider Raised Stake By 69% In Previous YearJune 2, 2023 | finance.yahoo.comOne Ocwen Financial Insider Raised Stake By 69% In Previous Year \May 6, 2023 | finance.yahoo.comAnalysts Have Made A Financial Statement On Ocwen Financial Corporation's (NYSE:OCN) First-Quarter ReportMay 4, 2023 | finance.yahoo.comOcwen Financial Announces First Quarter 2023 ResultsMay 3, 2023 | benzinga.comOcwen Financial Stock (NYSE:OCN), DividendsSee More Headlines Receive OCN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ocwen Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/07/2023Today12/06/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Mortgage bankers & correspondents Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNYSE:OCN CUSIP67574630 CIK873860 Webwww.ocwen.com Phone(561) 682-8000Fax561-681-8177Employees4,900Year FoundedN/APrice Target and Rating Average Stock Price Target$30.00 High Stock Price Target$30.00 Low Stock Price Target$30.00 Potential Upside/Downside+9.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($10.83) Trailing P/E RatioN/A Forward P/E Ratio4.37 P/E GrowthN/ANet Income$25.70 million Net Margins-9.22% Pretax Margin-8.79% Return on Equity0.19% Return on Assets0.01% Debt Debt-to-Equity Ratio21.54 Current Ratio22.74 Quick Ratio22.74 Sales & Book Value Annual Sales$953.90 million Price / Sales0.22 Cash FlowN/A Price / Cash FlowN/A Book Value$60.17 per share Price / Book0.46Miscellaneous Outstanding Shares7,680,000Free Float7,232,000Market Cap$210.74 million OptionableOptionable Beta2.08 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Glen A. Messina (Age 61)CEO, President & Chair of the Board Comp: $1.8MMr. Sean Bradley O'Neil (Age 57)Executive VP & CFO Comp: $689.16kMr. Dennis Zeleny (Age 68)Executive VP & Chief Administrative Officer Comp: $1.05MMr. Scott William Anderson (Age 54)Executive VP & Chief Servicing Officer Comp: $1.15MMr. George T. Henley (Age 54)Executive VP & Chief Growth Officer Comp: $737.79kMr. Aaron D. Wade (Age 51)Executive VP & Chief Investment Officer Mr. Francois Grunenwald (Age 51)Senior VP & Chief Accounting Officer Mr. Joseph J. Samarias (Age 51)Chief Ethics Officer, Chief Legal Officer, Executive VP & Company Secretary Ms. Jenna D. Evans (Age 42)Executive VP, Chief Risk & Compliance Officer Mr. Michael K. ShortVice President of Business Development and Investor RelationsMore ExecutivesKey CompetitorsFinance Of America CompaniesNYSE:FOAUWMNYSE:UWMCGuildNYSE:GHLDFVCBankcorpNASDAQ:FVCBHippoNYSE:HIPOView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Sold 29,922 shares on 11/30/2023Ownership: 0.116%Deutsche Bank AGBought 2,827 shares on 11/24/2023Ownership: 0.037%Jacobs Levy Equity Management Inc.Bought 10,674 shares on 11/17/2023Ownership: 0.617%Public Employees Retirement System of OhioBought 805 shares on 11/16/2023Ownership: 0.036%GSA Capital Partners LLPSold 4,810 shares on 11/15/2023Ownership: 0.206%View All Institutional Transactions OCN Stock Analysis - Frequently Asked Questions Should I buy or sell Ocwen Financial stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ocwen Financial in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OCN shares. View OCN analyst ratings or view top-rated stocks. What is Ocwen Financial's stock price target for 2024? 1 Wall Street research analysts have issued twelve-month target prices for Ocwen Financial's stock. Their OCN share price targets range from $30.00 to $30.00. On average, they anticipate the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 9.3% 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 2023? Ocwen Financial's stock was trading at $30.58 on January 1st, 2023. Since then, OCN shares have decreased by 10.3% and is now trading at $27.44. View the best growth stocks for 2023 here. When is Ocwen Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our OCN earnings forecast. How were Ocwen Financial's earnings last quarter? Ocwen Financial Co. (NYSE:OCN) posted its quarterly earnings results on Tuesday, November, 7th. The financial services provider reported $1.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.14 by $0.10. Ocwen Financial had a positive trailing twelve-month return on equity of 0.19% and a negative net margin of 9.22%. When did Ocwen Financial's stock split? Ocwen Financial shares reverse split before market open on 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 closing bell 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). Who are Ocwen Financial's major shareholders? Ocwen Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include Oaktree Capital Management LP (5.87%), Prescott Group Capital Management L.L.C. (2.36%), Northern Trust Corp (0.65%), Jacobs Levy Equity Management Inc. (0.62%), Bank of New York Mellon Corp (0.56%) and Invesco Ltd. (0.53%). Insiders that own company stock include Dennis Zeleny, George T Henley, Glen A Messina and Jacques J Busquet. 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. This page (NYSE:OCN) was last updated on 12/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ocwen Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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