Onity (ONIT) Company Overview

Onity (ONIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WEST PALM BEACH, Fla., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Thursday, February 13, 2025 at 8:30 a.m. (ET) to review the Company's fourth quarter and full-year 2024 operating results.

Onity (ONIT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

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.

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.

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

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.

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

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.