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

$1.79
-0.08 (-4.28 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$1.78
Now: $1.79
$1.86
50-Day Range
$1.37
MA: $1.85
$2.19
52-Week Range
$1.20
Now: $1.79
$4.33
Volume398,949 shs
Average Volume446,695 shs
Market Capitalization$240.93 million
P/E RatioN/A
Dividend YieldN/A
Beta1.83
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. Read More…

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$3.14 per share

Profitability

Net Income$-70,770,000.00

Miscellaneous

Employees7,200
Market Cap$240.93 million
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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) posted its quarterly earnings data on Tuesday, August, 6th. The financial services provider reported ($0.67) earnings per share for the quarter, missing the consensus estimate of ($0.36) by $0.31. The financial services provider earned $274.34 million during the quarter, compared to analyst estimates of $288 million. Ocwen Financial had a negative net margin of 15.76% and a negative return on equity of 35.88%. The company's revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.22) EPS. 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 Tuesday, November 5th 2019. View Earnings Estimates for Ocwen Financial.

What price target have analysts set for OCN?

2 equities research analysts have issued 1 year target prices for Ocwen Financial's shares. Their predictions range from $4.00 to $4.00. On average, they anticipate Ocwen Financial's share price to reach $4.00 in the next year. This suggests a possible upside of 123.5% 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?

News coverage about OCN stock has been trending positive on Sunday, according to InfoTrie Sentiment. The research group identifies negative and positive press 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 positive five, with scores nearest to five being the most favorable. Ocwen Financial earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for Ocwen Financial.

Are investors shorting Ocwen Financial?

Ocwen Financial saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 3,046,700 shares, a decline of 17.2% from the June 30th total of 3,681,800 shares. Based on an average daily volume of 387,300 shares, the short-interest ratio is presently 7.9 days. Approximately 2.6% of the company's shares are short sold. View Ocwen Financial's Current Options Chain.

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), Ford Motor (F) and Sirius XM (SIRI).

Who are Ocwen Financial's key executives?

Ocwen Financial's management team includes the folowing 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)

Who are Ocwen Financial's major shareholders?

Ocwen Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Morgan Stanley (7.36%), Cooperman Leon G (7.23%), BlackRock Inc. (6.75%), Fortress Investment Group LLC (4.31%), Vanguard Group Inc. (3.52%) and Charles Schwab Investment Management Inc. (2.17%). Company insiders that own Ocwen Financial stock include Glen A Messina, Glenn Holmes, Jacques J Busquet, Jenne K Britell, June C Campbell, Kevin Stein, Leon G Cooperman, Michael T Anaka, Phyllis R Caldwell, Robert J Lipstein and Timothy J Yanoti. View Institutional Ownership Trends for Ocwen Financial.

Which institutional investors are selling Ocwen Financial stock?

OCN stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Marshall Wace LLP, Systematic Financial Management LP, Prescott Group Capital Management L.L.C., Renaissance Technologies LLC, Invesco Ltd., Wells Fargo & Company MN and Nomura Holdings Inc.. View Insider Buying and Selling for Ocwen Financial.

Which institutional investors are buying Ocwen Financial stock?

OCN stock was purchased by a variety of institutional investors in the last quarter, including Fortress Investment Group LLC, BlackRock Inc., Cooperman Leon G, Charles Schwab Investment Management Inc., Alberta Investment Management Corp, KBC Group NV, Northern Trust Corp and Swiss National Bank. Company insiders that have bought Ocwen Financial stock in the last two years include Glen A Messina, Glenn Holmes, Jacques J Busquet, Jenne K Britell, June C Campbell, Kevin Stein, Leon G Cooperman, Michael T Anaka, Phyllis R Caldwell, Robert J Lipstein and Timothy J Yanoti. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Ocwen Financial's stock price today?

One share of OCN stock can currently be purchased for approximately $1.79.

How big of a company is Ocwen Financial?

Ocwen Financial has a market capitalization of $240.93 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.

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:  297 (Vote Outperform)
Underperform Votes:  373 (Vote Underperform)
Total Votes:  670
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 8/25/2019 by MarketBeat.com Staff

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