Onity Group (NYSE:ONIT – Get Free Report) is one of 19 public companies in the “FIN – MTG&REL SVS” industry, but how does it contrast to its rivals? We will compare Onity Group to similar businesses based on the strength of its analyst recommendations, institutional ownership, valuation, profitability, dividends, earnings and risk.
Profitability
This table compares Onity Group and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Onity Group | 2.62% | 22.67% | 0.70% |
Onity Group Competitors | -4.16% | -79.30% | -0.70% |
Earnings & Valuation
This table compares Onity Group and its rivals revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Onity Group | $976.00 million | $33.90 million | 12.86 |
Onity Group Competitors | $18.27 billion | $1.82 billion | -70.05 |
Volatility & Risk
Onity Group has a beta of 1.66, meaning that its stock price is 66% more volatile than the S&P 500. Comparatively, Onity Group’s rivals have a beta of 1.35, meaning that their average stock price is 35% more volatile than the S&P 500.
Analyst Ratings
This is a summary of current recommendations and price targets for Onity Group and its rivals, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Onity Group | 0 | 0 | 3 | 0 | 3.00 |
Onity Group Competitors | 152 | 677 | 983 | 15 | 2.47 |
Onity Group currently has a consensus target price of $48.33, suggesting a potential upside of 31.88%. As a group, “FIN – MTG&REL SVS” companies have a potential upside of 22.22%. Given Onity Group’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Onity Group is more favorable than its rivals.
Institutional & Insider Ownership
70.2% of Onity Group shares are held by institutional investors. Comparatively, 52.2% of shares of all “FIN – MTG&REL SVS” companies are held by institutional investors. 8.8% of Onity Group shares are held by company insiders. Comparatively, 29.5% of shares of all “FIN – MTG&REL SVS” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Summary
Onity Group beats its rivals on 9 of the 13 factors compared.
Onity Group Company Profile
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.
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