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

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$2.02 +0.07 (+3.59 %)
(As of 02/17/2019 04:00 PM ET)
Previous Close$2.02
Today's Range$1.95 - $2.03
52-Week Range$1.20 - $4.84
Volume478,026 shs
Average Volume634,732 shs
Market Capitalization$270.50 million
P/E RatioN/A
Dividend YieldN/A
Beta1.59
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 primarily through its correspondent lending arrangements, broker relationships, and directly with mortgage customers. The company also provides short-term inventory-secured loans to independent used car dealers to finance their inventory. 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$1.19 billion
Book Value$4.10 per share

Profitability

Net Income$-127,960,000.00

Miscellaneous

Employees7,600
Market Cap$270.50 million
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."

When is Ocwen Financial's next earnings date?

Ocwen Financial is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Ocwen Financial.

What price target have analysts set for OCN?

2 equities research analysts have issued twelve-month price targets for Ocwen Financial's stock. 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 98.0% 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 somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 1.4 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.

Who are some of Ocwen Financial's key competitors?

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. Catherine M. Dondzila, Sr. VP, Chief Accounting Officer & Principal Financial Officer (Age 56)

Who are Ocwen Financial's major shareholders?

Ocwen Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.29%), Dimensional Fund Advisors LP (2.47%), Northern Trust Corp (1.23%), Nomura Holdings Inc. (0.99%), Geode Capital Management LLC (0.91%) and Two Sigma Investments LP (0.66%). Company insiders that own Ocwen Financial stock include Glenn Holmes, John Devaney, Leon G Cooperman and Michael T Anaka. 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 Northern Trust Corp, Prescott Group Capital Management L.L.C., D. E. Shaw & Co. Inc., Two Sigma Advisers LP, RBF Capital LLC, California Public Employees Retirement System and Janney Montgomery Scott LLC. View Insider Buying and Selling for Ocwen Financial.

Which institutional investors are buying Ocwen Financial stock?

OCN stock was bought by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., Two Sigma Investments LP, Bank of New York Mellon Corp, BlackRock Inc., Squarepoint Ops LLC, Geode Capital Management LLC, Paloma Partners Management Co and Canada Pension Plan Investment Board. Company insiders that have bought Ocwen Financial stock in the last two years include Glenn Holmes, John Devaney, Leon G Cooperman and Michael T Anaka. 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 $2.02.

How big of a company is Ocwen Financial?

Ocwen Financial has a market capitalization of $270.50 million and generates $1.19 billion in revenue each year. Ocwen Financial employs 7,600 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:  286 (Vote Outperform)
Underperform Votes:  359 (Vote Underperform)
Total Votes:  645
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 2/17/2019 by MarketBeat.com Staff

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