Onity Group Stock Today
| ONIT Stock | 30.91 0.05 0.16% |
Performance3 of 100
| Odds Of DistressOver 80
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Onity is selling for under 30.91 as of the 28th of November 2024; that is 0.16% up since the beginning of the trading day. The stock's last reported lowest price was 30.17. Onity has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Onity symbol was changed from OCN on 10th of June 2024. Equity ratings for Onity Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 25th of September 1996 | Classification Financials |
Onity is entity of United States. It is traded as Stock on NYSE exchange. The company has 7.85 M outstanding shares of which 34.95 K shares are now shorted by private and institutional investors with about 1.88 trading days to cover. More on Onity Group
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Onity Stock Highlights
| Older Symbol | OCN | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| President CEO | Glen Messina | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Commercial & Residential Mortgage Finance, Financial Services, Financials, Financial Services, Mortgage Finance, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Onity can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Onity's financial leverage. It provides some insight into what part of Onity's total assets is financed by creditors.
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Onity Group (ONIT) is traded on New York Stock Exchange in USA. It is located in 1661 Worthington Road, West Palm Beach, FL, United States, 33409 and employs 4,300 people. Onity Group was previously known as Ocwen Financial and was traded on New York Stock Exchange under the symbol OCN. Onity is listed under Commercial & Residential Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 232.14 M. Onity Group conducts business under Financial Services sector and is part of Financials industry. The entity has 7.85 M outstanding shares of which 34.95 K shares are now shorted by private and institutional investors with about 1.88 trading days to cover.
Onity generates positive cash flow from operations, but has no cash available
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Ownership AllocationThe market capitalization of Onity Group is USD232.14 Million. Over half of Onity's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Onity Historical Income Statement
Onity Stock Against Markets
Onity Corporate Management
| Jenna Evans | Chief VP | Profile | |
| Joseph JD | Chief Officer | Profile | |
| Aaron Wade | Executive Officer | Profile | |
| Dennis Zeleny | Executive Officer | Profile | |
| Joseph Samarias | Chief Officer | Profile |
Additional Tools for Onity Stock Analysis
When running Onity's price analysis, check to measure Onity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Onity is operating at the current time. Most of Onity's value examination focuses on studying past and present price action to predict the probability of Onity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onity's price. Additionally, you may evaluate how the addition of Onity to your portfolios can decrease your overall portfolio volatility.