NYSE:OCN Ocwen Financial (OCN) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free OCN Stock Alerts $27.01 +0.24 (+0.90%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$26.90▼$27.1550-Day Range$23.15▼$30.1352-Week Range$21.15▼$35.79Volume8,251 shsAverage Volume12,740 shsMarket Capitalization$207.44 millionP/E RatioN/ADividend YieldN/APrice Target$40.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Ocwen Financial alerts: Email Address Ocwen Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside48.1% Upside$40.00 Price TargetShort InterestHealthy0.77% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.62Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth24.27%From $5.15 to $6.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.62 out of 5 starsFinance Sector381st out of 846 stocksMortgage Bankers & Correspondents Industry2nd out of 6 stocks 3.5 Analyst's Opinion Consensus RatingOcwen Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.00, Ocwen Financial has a forecasted upside of 48.1% from its current price of $27.01.Amount of Analyst CoverageOcwen Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.77% of the float of Ocwen Financial has been sold short.Short Interest Ratio / Days to CoverOcwen Financial has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ocwen Financial has recently increased by 6.85%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldOcwen Financial does not currently pay a dividend.Dividend GrowthOcwen Financial does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OCN. Previous Next 2.6 News and Social Media Coverage News SentimentOcwen Financial has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Ocwen Financial this week, compared to 1 article on an average week.MarketBeat Follows3 people have added Ocwen Financial to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ocwen Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.80% of the stock of Ocwen Financial is held by insiders.Percentage Held by Institutions70.16% of the stock of Ocwen Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ocwen Financial are expected to grow by 24.27% in the coming year, from $5.15 to $6.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ocwen Financial is -3.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ocwen Financial is -3.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOcwen Financial has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Prosper Trading AcademyDid you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:Click Here To Get Your Free Copy About Ocwen Financial Stock (NYSE:OCN)Ocwen Financial Corporation, 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. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.Read More OCN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OCN Stock News HeadlinesMarch 27, 2024 | americanbankingnews.comOcwen Financial's (OCN) "Buy" Rating Reaffirmed at B. RileyMarch 24, 2024 | investing.comOcwen (OCN) Earnings Dates & ReportsMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 22, 2024 | investorplace.comOCN Stock Earnings: Ocwen Financial Beats EPS, Beats Revenue for Q4 2023March 20, 2024 | finance.yahoo.comPFSI Jul 2024 80.000 callMarch 16, 2024 | finance.yahoo.comPFSI Apr 2024 90.000 putMarch 16, 2024 | finance.yahoo.comPFSI Apr 2024 85.000 callMarch 11, 2024 | globenewswire.comPHH Mortgage Recognized by Fannie Mae as a 2023 Star PerformerMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.February 28, 2024 | finance.yahoo.comOcwen Financial Corporation (NYSE:OCN) Q4 2023 Earnings Call TranscriptFebruary 27, 2024 | finanznachrichten.deOcwen Financial Corp.: Ocwen Financial Announces Full Year and Fourth Quarter 2023 ResultsFebruary 27, 2024 | finance.yahoo.comOcwen Financial Corp (OCN) Reports Full Year and Q4 2023 ResultsFebruary 27, 2024 | globenewswire.comOcwen Financial Announces Full Year and Fourth Quarter 2023 ResultsFebruary 26, 2024 | benzinga.comOcwen Financial's Earnings: A PreviewFebruary 26, 2024 | msn.comOcwen Financial Q4 2023 Earnings PreviewFebruary 20, 2024 | finance.yahoo.comOcwen Financial Schedules Conference Call – Fourth Quarter and Full Year 2023 ResultsFebruary 20, 2024 | globenewswire.comOcwen Financial Schedules Conference Call – Fourth Quarter and Full Year 2023 ResultsFebruary 18, 2024 | finance.yahoo.comOCN Mar 2024 30.000 callFebruary 17, 2024 | money.usnews.comOcwen Financial Corp.February 14, 2024 | finance.yahoo.comTop 20 Biggest Mortgage Companies in the USJanuary 16, 2024 | finance.yahoo.comInvestors in Ocwen Financial (NYSE:OCN) have unfortunately lost 15% over the last yearDecember 14, 2023 | finance.yahoo.comWhy Fast-paced Mover Ocwen (OCN) Is a Great Choice for Value InvestorsDecember 6, 2023 | finance.yahoo.comOcwen Financial Corporation (NYSE:OCN) is definitely on the radar of institutional investors who own 48% of the companyNovember 21, 2023 | markets.businessinsider.comHold Rating for Ocwen Financial Amid High Earnings Volatility and Strategic Debt Buybacks: An Analysis by Eric Hagen from BTIGNovember 13, 2023 | finance.yahoo.comPHH Mortgage Announces New Subservicing Agreement With Zillow Home LoansNovember 8, 2023 | finance.yahoo.comQ3 2023 Ocwen Financial Corp Earnings CallNovember 7, 2023 | finanznachrichten.deOcwen Financial Corp.: Ocwen Financial Announces Third Quarter 2023 ResultsSee More Headlines Receive OCN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ocwen Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today3/28/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Mortgage bankers & correspondents Sub-IndustryThrifts & Mortgage Finance Current SymbolNYSE:OCN CUSIP67574630 CIK873860 Webwww.ocwen.com Phone(561) 682-8000Fax561-681-8177Employees4,500Year FoundedN/APrice Target and Rating Average Stock Price Target$40.00 High Stock Price Target$50.00 Low Stock Price Target$30.00 Potential Upside/Downside+48.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($8.55) Trailing P/E RatioN/A Forward P/E Ratio5.24 P/E GrowthN/ANet Income$-63,700,000.00 Net Margins-5.97% Pretax Margin-5.45% Return on Equity10.21% Return on Assets0.34% Debt Debt-to-Equity Ratio23.13 Current Ratio18.14 Quick Ratio18.14 Sales & Book Value Annual Sales$1.07 billion Price / Sales0.19 Cash Flow$10.63 per share Price / Cash Flow2.54 Book Value$52.34 per share Price / Book0.52Miscellaneous Outstanding Shares7,680,000Free Float7,238,000Market Cap$207.44 million OptionableOptionable Beta1.87 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Glen A. Messina (Age 62)CEO, President & Chair of the Board Comp: $1.8MMr. Sean Bradley O'Neil (Age 58)Executive VP & CFO Comp: $689.16kMr. Dennis Zeleny (Age 69)Executive VP & Chief Administrative Officer Comp: $1.05MMr. Scott William Anderson (Age 55)Executive VP & Chief Servicing Officer Comp: $1.15MMr. Aaron D. Wade (Age 52)Executive VP & Chief Investment Officer Mr. Francois Grunenwald (Age 52)Senior VP & Chief Accounting Officer Mr. Joseph J. Samarias (Age 52)Chief Ethics Officer, Chief Legal Officer, Executive VP & Company Secretary Ms. Jenna D. Evans (Age 42)Executive VP, Chief Risk & Compliance Officer Mr. Michael K. ShortVice President of Business Development and Investor RelationsAndy PeachSenior VP & Interim Originations LeaderMore ExecutivesKey CompetitorsFinance Of America CompaniesNYSE:FOAUWMNYSE:UWMCOak Valley BancorpNASDAQ:OVLYNuveen Virginia Quality Municipal Income FundNYSE:NPVBankwell Financial GroupNASDAQ:BWFGView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 1,934 shares on 3/11/2024Ownership: 4.229%GSA Capital Partners LLPBought 2,965 shares on 2/16/2024Ownership: 0.244%Public Employees Retirement System of OhioSold 1,200 shares on 2/16/2024Ownership: 0.020%Vanguard Group Inc.Bought 1,934 shares on 2/15/2024Ownership: 4.229%Citadel Advisors LLCSold 400 shares on 2/15/2024Ownership: 0.000%View All Institutional Transactions OCN Stock Analysis - Frequently Asked Questions Should I buy or sell Ocwen Financial stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ocwen Financial in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OCN shares. View OCN analyst ratings or view top-rated stocks. What is Ocwen Financial's stock price target for 2024? 1 brokerages have issued 12 month price targets for Ocwen Financial's stock. Their OCN share price targets range from $30.00 to $50.00. On average, they predict the company's stock price to reach $40.00 in the next year. This suggests a possible upside of 48.1% from the stock's current price. View analysts price targets for OCN or view top-rated stocks among Wall Street analysts. How have OCN shares performed in 2024? Ocwen Financial's stock was trading at $30.76 at the start of the year. Since then, OCN shares have decreased by 12.2% and is now trading at $27.01. View the best growth stocks for 2024 here. When is Ocwen Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our OCN earnings forecast. How were Ocwen Financial's earnings last quarter? Ocwen Financial Co. (NYSE:OCN) issued its earnings results on Tuesday, February, 27th. The financial services provider reported $1.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.35. The financial services provider had revenue of $277.30 million for the quarter, compared to analyst estimates of $260.23 million. Ocwen Financial had a negative net margin of 5.97% and a positive trailing twelve-month return on equity of 10.21%. When did Ocwen Financial's stock split? Ocwen Financial shares reverse split on Friday, August 14th 2020. The 1-15 reverse split was announced on Monday, August 3rd 2020. The number of shares owned by shareholders was adjusted after the market closes on Thursday, August 13th 2020. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split. What is Glen Messina's approval rating as Ocwen Financial's CEO? 150 employees have rated Ocwen Financial Chief Executive Officer Glen Messina on Glassdoor.com. Glen Messina has an approval rating of 77% among the company's employees. What other stocks do shareholders of Ocwen Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ocwen Financial investors own include (GTATQ) (GTATQ), (MBBYF) (MBBYF), GoPro (GPRO), Coty (COTY), Pandora Media (P), Ford Motor (F), Groupon (GRPN), General Electric (GE), Capri (CPRI) and Energy Transfer (ET). Who are Ocwen Financial's major shareholders? Ocwen Financial's stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.71%), Vanguard Group Inc. (4.23%), Vanguard Group Inc. (4.23%), Bridgeway Capital Management LLC (1.28%), Northern Trust Corp (0.66%) and GSA Capital Partners LLP (0.24%). Insiders that own company stock include Dennis Zeleny, George T Henley, Glen A Messina and Jacques J Busquet. View institutional ownership trends. How do I buy shares of Ocwen Financial? Shares of OCN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:OCN) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ocwen Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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