Profile
Sector:
Financial ServicesIndustry:
Mortgage FinanceCountry:
United StatesIPO:
Website:
http://www.onitygroup.comNext earnings report:
27 February 2025Last dividends:
26 August 1999Next dividends:
N/APrice
after hours | Fri, 15 Nov 2024 21:02:28 GMTDividend
Analysts recommendations
Institutional Ownership
ONIT Latest News
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.
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) 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.
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.
Investors can consider buying stocks like VEL, ONIT and PFSI with the decline in mortgage rates and an increase in refinancing activities.
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.
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 27 February 2025