Onity Group (ONIT) to Release Quarterly Earnings on Wednesday

Onity Group (NYSE:ONIT) will likely be issuing its Q1 2026 results before the market opens on Wednesday, April 29th. Analysts expect the company to announce earnings of $2.37 per share and revenue of $288.80 million for the quarter. Parties may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Tuesday, May 5, 2026 at 8:30 AM ET.

Onity Group (NYSE:ONIT) last released its earnings results on Thursday, February 12th. The company reported $14.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.46 by $11.78. Onity Group had a return on equity of 15.84% and a net margin of 17.76%.The firm had revenue of $280.00 million for the quarter, compared to analyst estimates of $285.60 million.

Onity Group Price Performance

Shares of ONIT stock opened at $46.21 on Monday. The stock has a 50 day moving average of $41.37 and a two-hundred day moving average of $42.76. The company has a current ratio of 35.55, a quick ratio of 35.55 and a debt-to-equity ratio of 18.86. Onity Group has a 12 month low of $32.20 and a 12 month high of $54.10. The company has a market capitalization of $394.62 million, a P/E ratio of 2.18 and a beta of 1.56.

Hedge Funds Weigh In On Onity Group

A number of hedge funds have recently modified their holdings of ONIT. Oaktree Capital Management LP acquired a new position in shares of Onity Group in the 4th quarter worth approximately $17,896,000. Wellington Management Group LLP acquired a new position in shares of Onity Group in the 3rd quarter worth approximately $10,370,000. JPMorgan Chase & Co. raised its holdings in shares of Onity Group by 585.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 128,210 shares of the company’s stock worth $4,894,000 after buying an additional 109,498 shares in the last quarter. Franklin Resources Inc. acquired a new position in shares of Onity Group in the 3rd quarter worth approximately $2,742,000. Finally, Segall Bryant & Hamill LLC raised its holdings in shares of Onity Group by 58.2% in the 4th quarter. Segall Bryant & Hamill LLC now owns 82,454 shares of the company’s stock worth $3,776,000 after buying an additional 30,344 shares in the last quarter. 70.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ONIT has been the subject of a number of research reports. Weiss Ratings upgraded Onity Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. BTIG Research raised their price objective on Onity Group from $50.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Wall Street Zen upgraded Onity Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Finally, Keefe, Bruyette & Woods upgraded Onity Group from a “moderate buy” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $58.33.

Onity Group Company Profile

Onity Group, listed on the New York Stock Exchange under the ticker ONIT, is a technology company specializing in enterprise operations management software. Its platform is designed to help legal, finance, human resources and corporate services teams automate and streamline mission-critical workflows. Leveraging artificial intelligence and no-code automation tools, Onity’s solutions aim to reduce manual processes, improve visibility and ensure compliance across complex organizational structures.

The company’s flagship offerings include contract lifecycle management, matter management, e-billing and spend management, as well as enterprise deal management.