NYSE:OCN Ocwen Financial - OCN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $35.78 +0.39 (+1.10%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$34.76▼$36.0550-Day Range$30.46▼$36.0052-Week Range$17.76▼$37.17Volume14,499 shsAverage Volume25,206 shsMarket Capitalization$271.57 millionP/E Ratio3.23Dividend YieldN/APrice Target$50.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ocwen Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside39.7% Upside$50.00 Price TargetShort InterestHealthy1.58% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth288.99%From $1.09 to $4.24 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.2.78 out of 5 starsFinance Sector100th out of 865 stocksMortgage Bankers & Correspondents Industry1st out of 7 stocks 3.3 Analyst's Opinion Consensus RatingOcwen Financial has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $50.00, Ocwen Financial has a forecasted upside of 39.7% from its current price of $35.78.Amount of Analyst CoverageOcwen Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.58% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ocwen Financial has recently decreased by 7.86%, 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 Search Interest3 people have searched for OCN on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows2 people have added Ocwen Financial to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 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 3.60% of the stock of Ocwen Financial is held by insiders.Percentage Held by Institutions60.16% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Ocwen Financial are expected to grow by 288.99% in the coming year, from $1.09 to $4.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ocwen Financial is 3.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Ocwen Financial is 3.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 182.32.Price to Book Value per Share RatioOcwen Financial has a P/B Ratio of 0.69. 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 (NYSE:OCN) StockOcwen Financial Corp. is a financial services holding company, which engages in the servicing and origination of mortgage loans through its subsidiaries. It operates through the following business segments: Servicing, Lending, and Corporate Items and Other. The Servicing segment engages in the residential servicing business, which offers residential and commercial mortgage loan servicing, special servicing, and asset management services. The Lending segment is involved in originating and purchasing conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The Corporate Items and Other segment includes revenues and expenses that are not directly related to other reportable segments. The company was founded in February 1988 and is headquartered in West Palm Beach, FL.Read More 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 OCN Stock News HeadlinesJanuary 24, 2023 | finance.yahoo.comOcwen (OCN) Moves to Buy: Rationale Behind the UpgradeJanuary 21, 2023 | forbes.comOcwen FinancialFebruary 4, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 19, 2023 | finance.yahoo.comDespite Fast-paced Momentum, Ocwen (OCN) Is Still a Bargain StockJanuary 14, 2023 | thestreet.comBank of Japan's Act of Desperation; Deep Look at Ocwen, Altisource: Best of KassJanuary 8, 2023 | finance.yahoo.comOcwen Financial Corporation (NYSE:OCN) has caught the attention of institutional investors who hold a sizeable 46% stakeJanuary 2, 2023 | thestreet.comOcwen Financial (OCN) Stock Plunging on Q4 ResultsDecember 25, 2022 | thestreet.comOcwen Financial (OCN) Rises on Report Top Financial Regulator Could Step DownFebruary 4, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…December 23, 2022 | thestreet.comWhy Altisource Portfolio Solutions (ASPS) Stock Closed Down TodayDecember 20, 2022 | thestreet.comOcwen Financial Stock Plummets After Chairman Erbey Is Forced to ResignDecember 18, 2022 | finance.yahoo.comOcwen Financial (NYSE:OCN) shareholders have earned a 15% CAGR over the last three yearsNovember 27, 2022 | finance.yahoo.comOcwen Financial Corporation (NYSE:OCN) insiders placed bullish bets worth US$4.0m in the last 12 monthsNovember 25, 2022 | msn.comOcwen Financial Earnings Perspective: Return On Invested CapitalNovember 6, 2022 | finance.yahoo.comDo Ocwen Financial's (NYSE:OCN) Earnings Warrant Your Attention?November 3, 2022 | seekingalpha.comOcwen Financial stock spikes on improved Q3 loss, Oaktree dealNovember 3, 2022 | seekingalpha.comOcwen Financial Corporation (OCN) Q3 2022 Earnings Call TranscriptNovember 3, 2022 | finance.yahoo.comOcwen Financial Announces Third Quarter 2022 ResultsNovember 2, 2022 | msn.comEarnings Preview: Ocwen FinancialOctober 26, 2022 | finance.yahoo.comOcwen Financial Schedules Conference Call – Third Quarter 2022 Results and Business UpdateOctober 11, 2022 | seekingalpha.comOCN Ocwen Financial CorporationSeptember 16, 2022 | thestreet.comOcwen Financial (OCN) Stock Hits One-Year Low, Closes Down Today After Hedge Fund Shorts StockSeptember 9, 2022 | finance.yahoo.comOcwen Financial Comments On New Financial Eligibility Requirements Announced by FHFA and Ginnie MaeSeptember 5, 2022 | reuters.comOcwen Financial CorpAugust 31, 2022 | seekingalpha.comOcwen: Fundamental Stability And Strategy Amidst Market VolatilityAugust 28, 2022 | marketwatch.comOcwen Finl Corp Has Returned 20.1% Since SmarTrend Recommendation (OCN)August 24, 2022 | msn.comOcwen Financial's Return on Invested Capital InsightsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 OCN Company Calendar Last Earnings11/07/2021Today2/04/2023Next Earnings (Estimated)2/24/2023Fiscal Year End12/31/2023Get 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) 682-8000Fax561-681-8177Employees5,700Year FoundedN/APrice Target and Rating Average Stock Price Forecast$50.00 High Stock Price Forecast$50.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+39.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$11.09 Trailing P/E Ratio3.23 Forward P/E Ratio32.83 P/E GrowthN/ANet Income$18.08 million Net Margins10.40% Pretax Margin10.00% Return on Equity0.49% Return on Assets0.02% Debt Debt-to-Equity Ratio16.11 Current Ratio18.74 Quick Ratio18.74 Sales & Book Value Annual Sales$1.05 billion Price / Sales0.26 Cash Flow$5.10 per share Price / Cash Flow7.02 Book Value$51.81 per share Price / Book0.69Miscellaneous Outstanding Shares7,590,000Free Float7,317,000Market Cap$271.57 million OptionableOptionable Beta1.99 Key ExecutivesGlen A. MessinaPresident, Chief Executive Officer & DirectorSean O’NeilChief Financial Officer & Executive Vice PresidentAlbert J. CeliniChief Risk & Compliance Officer, Executive VPScott W. AndersonChief Servicing Officer & Executive Vice PresidentJohn V. BrittiChief Investment Officer & Executive VPKey CompetitorsFinance Of America CompaniesNYSE:FOAUWMNYSE:UWMCGuildNYSE:GHLDBayComNASDAQ:BCMLChicago Atlantic Real Estate FinanceNASDAQ:REFIView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 2,800 shares on 11/15/2022Ownership: 4.425%Marshall Wace LLPSold 2,897 shares on 11/15/2022Ownership: 0.392%Jacobs Levy Equity Management Inc.Sold 407 shares on 11/15/2022Ownership: 0.294%Price T Rowe Associates Inc. MDBought 1,800 shares on 11/15/2022Ownership: 0.164%Trexquant Investment LPSold 4,922 shares on 11/15/2022Ownership: 0.133%View All Insider TransactionsView All Institutional Transactions OCN Stock - Frequently Asked Questions Should I buy or sell Ocwen Financial stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ocwen Financial in the last year. There are currently 1 hold rating and 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 forecast for 2023? 2 Wall Street research analysts have issued 1-year target prices for Ocwen Financial's stock. Their OCN share price forecasts range from $50.00 to $50.00. On average, they expect the company's stock price to reach $50.00 in the next year. This suggests a possible upside of 39.7% 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 stock has increased by 17.0% and is now trading at $35.78. View the best growth stocks for 2023 here. Are investors shorting Ocwen Financial? Ocwen Financial saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 113,300 shares, a drop of 17.2% from the December 31st total of 136,900 shares. Based on an average daily volume of 37,200 shares, the days-to-cover ratio is currently 3.0 days. Currently, 1.7% of the shares of the company are sold short. View Ocwen Financial's Short Interest. When is Ocwen Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, February 24th 2023. View our OCN earnings forecast. How were Ocwen Financial's earnings last quarter? Ocwen Financial Co. (NYSE:OCN) announced its quarterly earnings data on Sunday, November, 7th. The financial services provider reported $2.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $1.24. The financial services provider had revenue of $283.10 million for the quarter, compared to the consensus estimate of $270.75 million. Ocwen Financial had a trailing twelve-month return on equity of 0.49% and a net margin of 10.40%. During the same period in the prior year, the firm earned ($1.09) earnings per share. When did Ocwen Financial's stock split? Ocwen Financial's stock 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). 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 many different retail and institutional investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Deer Park Road Management Comp, Dennis Zeleny, George T Henley, Glen A Messina, Jacques J Busquet, June C Campbell and Kevin Stein. 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. What is Ocwen Financial's stock price today? One share of OCN stock can currently be purchased for approximately $35.78. How much money does Ocwen Financial make? Ocwen Financial (NYSE:OCN) has a market capitalization of $271.57 million and generates $1.05 billion in revenue each year. The financial services provider earns $18.08 million in net income (profit) each year or $11.09 on an earnings per share basis. How many employees does Ocwen Financial have? The company employs 5,700 workers across the globe. How can I contact Ocwen Financial? Ocwen Financial's mailing address is 1661 WORTHINGTON ROAD SUITE 100, WEST PALM BEACH FL, 33409. The official website for the company is www.ocwen.com. The financial services provider can be reached via phone at (561) 682-8000, via email at investorservices@ocwen.com, or via fax at 561-681-8177. This page (NYSE:OCN) was last updated on 2/4/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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