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

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$1.83 +0.04 (+2.23 %)
(As of 04/24/2019 04:23 AM ET)
Previous Close$1.79
Today's Range$1.7088 - $1.85
52-Week Range$1.20 - $4.84
Volume647,749 shs
Average Volume694,991 shs
Market Capitalization$245.07 million
P/E RatioN/A
Dividend YieldN/A
Beta1.77
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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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$1.06 billion
Book Value$4.14 per share

Profitability

Net Income$-70,770,000.00

Miscellaneous

Employees7,200
Market Cap$245.07 million
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

Ocwen Financial (NYSE:OCN) Frequently Asked Questions

What is Ocwen Financial's stock symbol?

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

How were Ocwen Financial's earnings last quarter?

Ocwen Financial Corp (NYSE:OCN) issued its quarterly earnings data on Wednesday, February, 27th. The financial services provider reported ($0.07) EPS for the quarter. The financial services provider had revenue of $310.93 million for the quarter. Ocwen Financial had a negative return on equity of 13.10% and a negative net margin of 6.66%. View Ocwen Financial's Earnings History.

When is Ocwen Financial's next earnings date?

Ocwen Financial is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Ocwen Financial.

What price target have analysts set for OCN?

2 brokers have issued 12 month price objectives for Ocwen Financial's shares. Their forecasts range from $4.00 to $4.00. On average, they anticipate Ocwen Financial's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 118.6% from the stock's current price. View Analyst Price Targets for Ocwen Financial.

What is the consensus analysts' recommendation for Ocwen Financial?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ocwen Financial in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ocwen Financial.

Has Ocwen Financial been receiving favorable news coverage?

Media headlines about OCN stock have been trending somewhat positive on Wednesday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ocwen Financial earned a news sentiment score of 1.6 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.

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), Groupon (GRPN), General Electric (GE), MannKind (MNKD), Tesla (TSLA), New Residential Investment (NRZ) and Chesapeake Energy (CHK).

Who are Ocwen Financial's key executives?

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

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, Scottrade, Fidelity and Charles Schwab.

What is Ocwen Financial's stock price today?

One share of OCN stock can currently be purchased for approximately $1.83.

How big of a company is Ocwen Financial?

Ocwen Financial has a market capitalization of $245.07 million and generates $1.06 billion in revenue each year. Ocwen Financial employs 7,200 workers across the globe.

What is Ocwen Financial's official website?

The official website for Ocwen Financial is http://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]


MarketBeat Community Rating for Ocwen Financial (NYSE OCN)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  289 (Vote Outperform)
Underperform Votes:  366 (Vote Underperform)
Total Votes:  655
MarketBeat's community ratings are surveys of what our community members think about Ocwen Financial and other stocks. Vote "Outperform" if you believe OCN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OCN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/24/2019 by MarketBeat.com Staff

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