Comparing Onity Group (ONIT) and Its Peers

Onity Group (NYSE:ONIT) is one of 19 publicly-traded companies in the “FIN – MTG&REL SVS” industry, but how does it contrast to its competitors? We will compare Onity Group to related companies based on the strength of its analyst recommendations, valuation, earnings, dividends, profitability, institutional ownership and risk.

Volatility & Risk

Onity Group has a beta of 1.65, suggesting that its share price is 65% more volatile than the S&P 500. Comparatively, Onity Group’s competitors have a beta of 1.33, suggesting that their average share price is 33% more volatile than the S&P 500.

Valuation & Earnings

This table compares Onity Group and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Onity Group	$976.00 million	$33.90 million	13.57
Onity Group Competitors	$18.27 billion	$1.82 billion	-69.38

Onity Group’s competitors have higher revenue and earnings than Onity Group. Onity Group is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Onity Group and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Onity Group	0	0	3	0	3.00
Onity Group Competitors	154	679	985	15	2.47

Onity Group presently has a consensus target price of $48.33, suggesting a potential upside of 24.99%. As a group, “FIN – MTG&REL SVS” companies have a potential upside of 16.90%. Given Onity Group’s stronger consensus rating and higher possible upside, equities analysts plainly believe Onity Group is more favorable than its competitors.

Profitability

This table compares Onity Group and its competitors’ 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	-5.93%	-85.16%	-0.75%

Insider and Institutional Ownership

70.2% of Onity Group shares are owned by institutional investors. Comparatively, 52.2% of shares of all “FIN – MTG&REL SVS” companies are owned by institutional investors. 7.6% of Onity Group shares are owned by insiders. Comparatively, 30.3% of shares of all “FIN – MTG&REL SVS” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Onity Group beats its competitors 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.