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OnityNYSE: ONIT

Profile

Country:

United States

IPO:

Next earnings report:

07 November 2024

Last dividends:

26 August 1999

Next dividends:

N/A
$230.88 M
-39%vs. 3y high
37%vs. sector
-vs. 3y high
-vs. sector
-35%vs. 3y high
10%vs. sector
-40%vs. 3y high
4%vs. sector

Price

regular market | 5 min ago
$29.43-$0.29(-0.98%)

Dividend

No data over the past 3 years
$268.90 M$254.90 M
$268.90 M$10.50 M

Analysts recommendations

Institutional Ownership

ONIT Latest News

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

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
globenewswire.com30 September 2024 Sentiment: POSITIVE

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
zacks.com26 September 2024 Sentiment: POSITIVE

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

Top Consumer Loan Stocks to Benefit from Rate Cuts
zacks.com27 August 2024 Sentiment: POSITIVE

With the federal funds' interest rate expected to be cut by at least 0.25% in September, investors may want to consider several consumer loan stocks that may benefit.

Waterfall Asset Management Expands Partnership with Onity Through Transfer of Reverse Mortgage Assets
prnewswire.com13 August 2024 Sentiment: POSITIVE

NEW YORK , Aug. 13, 2024 /PRNewswire/ -- Waterfall Asset Management, LLC ("Waterfall" or the "Firm"), a global alternative investment adviser with a focus on specialized asset oriented markets, announced today that it has entered into a letter of intent with Onity Group Inc. (NYSE: ONIT)("Onity"), a leading non-bank mortgage servicer and originator that Waterfall has long partnered with on reverse mortgage servicing, under which Onity will acquire reverse mortgage assets from Mortgage Assets Management, LLC ("MAM"), a subsidiary of investment funds managed by Waterfall. "This transaction is an exciting development for Waterfall, showcasing our commitment to growing our reverse mortgage initiatives through partnerships with top firms like Onity," said Leo Wong, Partner at Waterfall.

Onity Group Announces Second Quarter 2024 Results
globenewswire.com01 August 2024 Sentiment: POSITIVE

WEST PALM BEACH, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its second quarter 2024 results and provided a business update.

Onity Group Schedules Conference Call – Second Quarter 2024 Results and Business Update
globenewswire.com24 July 2024 Sentiment: POSITIVE

WEST PALM BEACH, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, August 1, 2024 at 8:30 a.m. (ET) to review the Company's second quarter 2024 operating results and provide a business update.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Onity (ONIT)
zacks.com19 July 2024 Sentiment: POSITIVE

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.

What type of business is Onity?

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.

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 from?

Onity is headquartered in United States

What is Onity website?

https://www.onitygroup.com

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 the previous earnings report?

No data

When does Onity earnings report?

The next expected earnings date for Onity is 07 November 2024