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NYSE:OCNOcwen Financial Stock Price, Forecast & News

$0.71
+0.04 (+5.98 %)
(As of 05/26/2020 04:00 PM ET)
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Today's Range
$0.68
Now: $0.71
$0.75
50-Day Range
$0.31
MA: $0.50
$0.68
52-Week Range
$0.28
Now: $0.71
$2.23
Volume1.08 million shs
Average Volume2.09 million shs
Market Capitalization$91.97 million
P/E RatioN/A
Dividend YieldN/A
Beta1.36
Ocwen Financial Corporation, a financial services holding company, originates and services loans in the United States, the United States Virgin Islands, India, and Philippines. Its Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset management services to owners of mortgage loans and foreclosed real estate. This segment's residential servicing portfolio includes conventional, government-insured, and non-agency loans. The company's Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans directly with customers in forward lending, as well as through its correspondent lending arrangements, broker relationships, and retail channels of reverse mortgage lending. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.99 out of 5 stars


Industry, Sector and Symbol

Industry Mortgage bankers & correspondents
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
CUSIP67574630
Phone561-682-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.12 billion
Book Value$3.31 per share

Profitability

Net Income$-142,130,000.00

Miscellaneous

Employees5,300
Market Cap$91.97 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Ocwen Financial (NYSE:OCN) Frequently Asked Questions

How has Ocwen Financial's stock been impacted by COVID-19 (Coronavirus)?

Ocwen Financial's stock was trading at $1.04 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OCN shares have decreased by 31.8% and is now trading at $0.7092. View which stocks have been most impacted by Coronavirus.

When is Ocwen Financial's next earnings date?

Ocwen Financial is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Ocwen Financial.

How were Ocwen Financial's earnings last quarter?

Ocwen Financial Corp (NYSE:OCN) posted its quarterly earnings data on Friday, May, 8th. The financial services provider reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.01. The financial services provider had revenue of $253.84 million for the quarter. Ocwen Financial had a negative net margin of 11.48% and a negative return on equity of 29.92%. View Ocwen Financial's earnings history.

Has Ocwen Financial been receiving favorable news coverage?

News stories about OCN stock have been trending positive on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ocwen Financial earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutOcwen Financial.

Who are some of Ocwen Financial's key competitors?

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 GT Advanced Technologies (GTATQ), Mobileye (MBBYF), GoPro (GPRO), Pandora Media (P), Coty (COTY), Ford Motor (F), Groupon (GRPN), General Electric (GE), Energy Transfer LP Unit (ET) and Tesla (TSLA).

Who are Ocwen Financial's key executives?

Ocwen Financial's management team includes the following people:
  • Mr. Glen A. Messina, CEO, Pres & Director (Age 57)
  • Mr. John V. Britti, Exec. VP & Chief Investment Officer (Age 59)
  • Ms. Catherine M. Dondzila, Sr. VP & Chief Accounting Officer (Age 56)
  • Mr. Scott William Anderson, Exec. VP & Chief Servicing Officer (Age 50)
  • Mr. Arthur C. Walker Jr., Sr. VP of Global Tax (Age 48)

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 a variety of institutional and retail investors. Top institutional investors include State Street Corp (2.00%), OCO Capital Partners L.P. (1.48%), Geode Capital Management LLC (1.27%), RBF Capital LLC (0.48%), Morgan Stanley (0.47%) and Prescott Group Capital Management L.L.C. (0.38%). Company insiders that own Ocwen Financial stock include Deer Park Road Management Comp, 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.

Which major investors are selling Ocwen Financial stock?

OCN stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, OCO Capital Partners L.P., Invesco Ltd., UBS Group AG, Alberta Investment Management Corp, State Street Corp, and Deutsche Bank AG. View insider buying and selling activity for Ocwen Financial.

Which major investors are buying Ocwen Financial stock?

OCN stock was acquired by a variety of institutional investors in the last quarter, including RBF Capital LLC, Prescott Group Capital Management L.L.C., Geode Capital Management LLC, Marathon Trading Investment Management LLC, Wells Fargo & Company MN, JPMorgan Chase & Co., and Alliancebernstein L.P.. 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 activity for Ocwen Financial.

How do I buy shares of 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.

What is Ocwen Financial's stock price today?

One share of OCN stock can currently be purchased for approximately $0.71.

How big of a company is Ocwen Financial?

Ocwen Financial has a market capitalization of $91.97 million and generates $1.12 billion in revenue each year. Ocwen Financial employs 5,300 workers across the globe.

What is Ocwen Financial's official website?

The official website for Ocwen Financial is www.ocwen.com.

How can I contact Ocwen Financial?

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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff

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