ONIT 📈 Onity - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock •
ONIT: Mortgage Loans, Servicing, Originations
Onity Group Inc., a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as loans. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. It serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. The company was formerly known as Ocwen Financial Corporation and changed its name to Onity Group Inc. in June 2024. Onity Group Inc. was founded in 1988 and is headquartered in West Palm Beach, Florida. Web URL: https://www.onitygroup.com
Additional Sources for ONIT Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ONIT Stock Overview
| Market Cap in USD | 232m |
| Sector | Financial Services |
| Industry | Mortgage Finance |
| GiC Sub-Industry | Commercial & Residential Mortgage Finance |
| IPO / Inception | 1996-09-25 |
ONIT Stock Ratings
| Growth 5y | 32.8% |
| Fundamental | -17.1% |
| Dividend | 1.87% |
| Rel. Strength Industry | -83.5 |
| Analysts | 4.75/5 |
| Fair Price Momentum | 29.03 USD |
| Fair Price DCF | - |
ONIT Dividends
| Dividend Yield 12m | 0.00% |
| Yield on Cost 5y | % |
| Annual Growth 5y | 0.00% |
| Payout Consistency | 6.2% |
ONIT Growth Ratios
| Growth Correlation 3m | 29.9% |
| Growth Correlation 12m | 62.2% |
| Growth Correlation 5y | 35.4% |
| CAGR 5y | 6.90% |
| CAGR/Mean DD 5y | 0.25 |
| Sharpe Ratio 12m | 0.29 |
| Alpha | -31.07 |
| Beta | 1.74 |
| Volatility | 42.66% |
| Current Volume | 24.3k |
| Average Volume 20d | 36.2k |
What is the price of ONIT stocks?
As of January 15, 2025, the stock is trading at USD 30.57 with a total of 24,300 shares traded.
Over the past week, the price has changed by -1.36%, over one month by -11.77%, over three months by -1.55% and over the past year by +4.90%.
As of January 15, 2025, the stock is trading at USD 30.57 with a total of 24,300 shares traded.
Over the past week, the price has changed by -1.36%, over one month by -11.77%, over three months by -1.55% and over the past year by +4.90%.
Is Onity a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Onity is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -17.12 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ONIT as of January 2025 is 29.03. This means that ONIT is currently overvalued and has a potential downside of -5.04%.
Neither. Based on ValueRay Fundamental Analyses, Onity is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -17.12 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ONIT as of January 2025 is 29.03. This means that ONIT is currently overvalued and has a potential downside of -5.04%.
Is ONIT a buy, sell or hold?
Onity has received a consensus analysts rating of 4.75. Therefor, it is recommend to buy ONIT.
Onity has received a consensus analysts rating of 4.75. Therefor, it is recommend to buy ONIT.
- Strong Buy: 3
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecast for ONIT stock price target?
According to ValueRays Forecast Model, ONIT Onity will be worth about 31.4 in January 2026. The stock is currently trading at 30.57. This means that the stock has a potential upside of +2.55%.
According to ValueRays Forecast Model, ONIT Onity will be worth about 31.4 in January 2026. The stock is currently trading at 30.57. This means that the stock has a potential upside of +2.55%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 41.7 | 36.3% |
| Analysts Target Price | 41.7 | 36.3% |
| ValueRay Target Price | 31.4 | 2.6% |