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Onity (ONIT) Stock

Profile

Country:

United States

IPO:

Indexes:

Not included

Description:

ONIT (Onity) provides electronic locking solutions and access control systems for hotels, businesses, and residential properties. Their products enhance security and convenience, allowing users to manage access easily. With a focus on innovation, ONIT aims to improve guest experiences and streamline operations for property managers.

Key Details

Price

$30.48

Annual Revenue

$1.14 B(+14.52% YoY)

Annual EPS

-$8.34(-392.63% YoY)

Annual ROE

-14.84%

Beta

1.51

Events Calendar

Earnings

Next earnings date:

Feb 27, 2025

Recent quarterly earnings:

Nov 05, 2024

Recent annual earnings:

Feb 27, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Aug 26, 1999
Splits

Next split:

N/A

Recent split:

Aug 14, 2020

Analyst ratings

Recent major analysts updates

12 Nov '24 Keefe, Bruyette & Woods
Outperform
06 Aug '24 Keefe, Bruyette & Woods
Outperform
10 July '24 Keefe, Bruyette & Woods
Outperform
08 May '24 Keefe, Bruyette & Woods
Market Perform
09 Apr '24 Keefe, Bruyette & Woods
Market Perform
26 Mar '24 B. Riley Securities
Buy

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Institutional Ownership

Onity Group Announces Closing of MSR Asset Vehicle Sale to Oaktree
Onity Group Announces Closing of MSR Asset Vehicle Sale to Oaktree
Onity Group Announces Closing of MSR Asset Vehicle Sale to Oaktree
ONIT
globenewswire.com03 December 2024

WEST PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it has completed the previously announced transaction with funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to sell the Company's 15% interest in MSR Asset Vehicle LLC (“MAV”) to Oaktree for total cash proceeds of $49.5 million.

Despite Fast-paced Momentum, Onity (ONIT) Is Still a Bargain Stock
Despite Fast-paced Momentum, Onity (ONIT) Is Still a Bargain Stock
Despite Fast-paced Momentum, Onity (ONIT) Is Still a Bargain Stock
ONIT
zacks.com14 November 2024

Onity (ONIT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Zacks Industry Outlook PennyMac Financial, Lending Tree and Onity Group
Zacks Industry Outlook PennyMac Financial, Lending Tree and Onity Group
Zacks Industry Outlook PennyMac Financial, Lending Tree and Onity Group
ONIT
zacks.com14 November 2024

PennyMac Financial, Lending Tree and Onity Group have been highlighted in this Screen of The Week article.

3 Stocks to Buy From Prospering Mortgage & Related Services Industry
3 Stocks to Buy From Prospering Mortgage & Related Services Industry
3 Stocks to Buy From Prospering Mortgage & Related Services Industry
ONIT
zacks.com13 November 2024

Declining mortgage rates and interest rate cuts paint a favorable picture for the Zacks Mortgage & Related Services industry. Industry players like PFSI, TREE and ONIT are poised to flourish.

Onity Group Announces Closing of $500 Million of Senior Notes Due 2029
Onity Group Announces Closing of $500 Million of Senior Notes Due 2029
Onity Group Announces Closing of $500 Million of Senior Notes Due 2029
ONIT
globenewswire.com06 November 2024

Enhances Capital Structure to Support Continued Growth and Profitability Enhances Capital Structure to Support Continued Growth and Profitability

Onity Group Inc. (ONIT) Q3 2024 Earnings Call Transcript
Onity Group Inc. (ONIT) Q3 2024 Earnings Call Transcript
Onity Group Inc. (ONIT) Q3 2024 Earnings Call Transcript
ONIT
seekingalpha.com05 November 2024

Onity Group Inc. (NYSE:ONIT ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Dico Akseraylian - Senior Vice President, Corporate Communications Glen Messina - Chairman, President & Chief Executive Officer Sean O'Neil - Chief Financial Officer Conference Call Participants Bose George - KBW Derek Sommers - Jefferies Eric Hagen - BTIG Matthew Howlett - B. Riley Operator Good day, everyone and welcome to this Onity Group's Third Quarter Earnings and Business Update Conference Call.

Onity Group Announces Third Quarter 2024 Results
Onity Group Announces Third Quarter 2024 Results
Onity Group Announces Third Quarter 2024 Results
ONIT
globenewswire.com05 November 2024

WEST PALM BEACH, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its third quarter 2024 results and provided a business update.

Onity (ONIT) Is Attractively Priced Despite Fast-paced Momentum
Onity (ONIT) Is Attractively Priced Despite Fast-paced Momentum
Onity (ONIT) Is Attractively Priced Despite Fast-paced Momentum
ONIT
zacks.com07 October 2024

Onity (ONIT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Onity Group Announces Multiple Transactions to Accelerate Capital Restructuring
Onity Group Announces Multiple Transactions to Accelerate Capital Restructuring
Onity Group Announces Multiple Transactions to Accelerate Capital Restructuring
ONIT
globenewswire.com30 September 2024

WEST PALM BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced multiple transactions to accelerate its ongoing capital restructuring plans.

Lower Mortgage Rates Driving Refinancing Activities: Three Stocks to Buy
Lower Mortgage Rates Driving Refinancing Activities: Three Stocks to Buy
Lower Mortgage Rates Driving Refinancing Activities: Three Stocks to Buy
ONIT
zacks.com26 September 2024

Investors can consider buying stocks like VEL, ONIT and PFSI with the decline in mortgage rates and an increase in refinancing activities.

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FAQ

  • What is the primary business of Onity?
  • What is the ticker symbol for Onity?
  • Does Onity pay dividends?
  • What sector is Onity in?
  • What industry is Onity in?
  • What country is Onity based in?
  • Is Onity in the S&P 500?
  • Is Onity in the NASDAQ 100?
  • Is Onity in the Dow Jones?
  • When was Onity's last earnings report?
  • When does Onity report earnings?
  • Should I buy Onity stock now?

What is the primary business of Onity?

ONIT (Onity) provides electronic locking solutions and access control systems for hotels, businesses, and residential properties. Their products enhance security and convenience, allowing users to manage access easily. With a focus on innovation, ONIT aims to improve guest experiences and streamline operations for property managers.

What is the ticker symbol for Onity?

The ticker symbol for Onity is NYSE:ONIT

Does Onity pay dividends?

No, Onity does not pay dividends

What sector is Onity in?

Onity is in the Financial Services sector

What industry is Onity in?

Onity is in the Mortgage Finance industry

What country is Onity based in?

Onity is headquartered in United States

Is Onity in the S&P 500?

No, Onity is not included in the S&P 500 index

Is Onity in the NASDAQ 100?

No, Onity is not included in the NASDAQ 100 index

Is Onity in the Dow Jones?

No, Onity is not included in the Dow Jones index

When was Onity's last earnings report?

Onity's most recent earnings report was on 5 November 2024

When does Onity report earnings?

The next expected earnings date for Onity is 27 February 2025

Should I buy Onity stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions