YOLFTbeta
Onity Group Inc.

Onity Group Inc.

ONIT · NYSE · Financial Services / Mortgage Finance

27.97USD+0.64 (+2.34%)

Price History

Full chart

Market Stats

Previous Close27.33
Open27.37
Day Range27.05 – 27.99
52-Week Range29.41 – 54.10
Volume81.10K
Market Cap246.29M
P/E (TTM)1.94
Forward P/E13.07
EPS15.17
Dividend Yield0.00%
Beta1.44
50-Day Avg36.03
200-Day Avg40.21

About

Onity Group Inc., a financial services company, originates and services forward and reserve mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through the Servicing and Originations segments. The company offers owned mortgage servicing rights and subservicing products; conventional, government-insured, and non-agency mortgage loans, as well as reverse mortgage and multi-family loans; and residential forward mortgage and small commercial mortgage 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. In addition, the company engages in reinsurance business. The company offers its services under the PHH Mortgage and Liberty Reverse Mortgage brands. It serves financial institutions. 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.

Company Details

  • SectorFinancial Services
  • IndustryMortgage Finance
  • CEOMr. Glen A. Messina
  • Employees4.00K
  • Headquarters1661 Worthington Road, West Palm Beach, FL, United States, 33409, USA
  • Websitehttps://www.onitygroup.com

Leadership

  • Mr. Glen A. MessinaCEO, President & Chair of the Board · b. 1962
  • Mr. Sean Bradley O'NeilExecutive VP & CFO · b. 1966
  • Mr. Aaron D. WadeExecutive VP & Chief Investment Officer · b. 1971
  • Mr. Dennis ZelenyExecutive VP & Chief Administrative Officer · b. 1955
  • Mr. Scott William AndersonExecutive VP & Chief Servicing Officer · b. 1969
  • Ms. Aulene WesselSenior VP & Chief Accounting Officer · b. 1983
  • Ms. Valerie C. Haertel IRCVice President of Investor Relations
  • Mr. Joseph J. Samarias J.D.Chief Ethics Officer, Chief Legal Officer, Executive VP & Company Secretary · b. 1973
  • Ms. Jenna D. EvansExecutive VP, Chief Risk & Compliance Officer · b. 1981
  • Mr. Richard J. BradfieldExecutive VP & Chief Growth Officer · b. 1970

Financials

Income Statement

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue115.01M240.10M234.27M242.34M217.20M188.78M115.48M315.13M359.86M375.13M431.58M480.66M14.70M8.79M371.24M504.77M853.53M2.06B2.13B1.84B1.41B1.22B1.08B1.14B976.80M1.08B999.50M1.14B1.07B1.07B
Growth (%)-+108.77%-2.43%+3.45%-10.37%-13.09%-38.82%+172.88%+14.19%+4.25%+15.05%+11.37%-96.94%-40.22%+4125.36%+35.97%+69.09%+141.42%+3.58%-13.63%-23.25%-13.69%-11.79%+5.89%-14.35%+10.21%-7.15%+14.52%-6.58%-0.24%
Cost of Revenue116.16M156.30M184.89M155.54M169.09M93.33M55.76M38.72M30.32M36.99M53.37M72.67M86.57M62.95M180.42M240.83M371.34M950.49M1.16B1.24B982.67M627.42M532.70M536.64M452.00M555.50M540.30M560.10M573.70M58.90M
Gross Profit-116.16M-156.30M-184.89M-155.54M-169.09M-93.33M-55.76M-38.72M-30.32M-36.99M-53.37M-72.67M-71.88M-54.17M190.82M263.94M482.19M1.11B974.29M601.35M432.06M593.66M544.37M603.84M524.80M521.00M459.20M584.50M495.60M1.01B
Gross Margin-101.00%-65.10%-78.92%-64.18%-77.85%-49.44%-48.29%-12.29%-8.42%-9.86%-12.37%-15.12%-489.10%-616.53%51.40%52.29%56.49%53.87%45.65%32.62%30.54%48.62%50.54%52.95%53.73%48.40%45.94%51.07%46.35%94.48%
Operating Expense-177.46M--152.53M-170.36M----44.24M-55.94M-59.67M-135.60M-131.05M-102.86M-147.43M66.92M7.59M898.00K373.16M898.17M718.57M653.16M498.15M503.16M372.30M505.68M296.20M188.50M357.80M247.80M418.10M
Operating Income61.30M--32.37M14.82M---5.52M25.63M22.68M82.23M58.38M30.98M93.26M123.91M256.34M481.30M736.98M76.12M-117.22M-221.10M95.51M41.20M231.53M19.12M224.80M270.70M226.70M247.80M589.70M
Operating Margin53.30%--13.82%6.11%---1.75%7.12%6.05%19.05%12.15%210.82%1061.47%33.38%50.78%56.39%35.76%3.57%-6.36%-15.63%7.82%3.83%20.30%1.96%20.88%27.08%19.81%23.17%55.28%
EBITDA196.76M230.60M256.45M183.70M197.94M127.57M127.27M153.73M164.00M169.58M258.88M241.80M182.29M194.81M87.81M179.61M344.79M670.77M249.84M1.14M-195.76M122.39M68.41M263.45M175.50M235.80M285.50M238.80M256.10M580.33M
EBITDA Margin171.08%96.04%109.47%75.80%91.13%67.58%110.21%48.78%45.57%45.21%59.99%50.31%1240.39%2217.27%23.65%35.58%40.40%32.55%11.71%0.06%-13.84%10.02%6.35%23.10%17.97%21.90%28.56%20.86%23.95%54.40%
Net Income50.14M78.90M-1.20M19.83M2.19M-124.78M-68.78M4.77M57.72M15.06M206.51M38.60M13.25M297.00K37.98M78.33M180.92M310.42M-469.80M-247.02M-199.76M-127.97M-70.77M-142.13M-40.20M18.10M25.70M-63.70M33.90M189.50M
Net Income Margin43.60%32.86%-0.51%8.18%1.01%-66.10%-59.55%1.51%16.04%4.02%47.85%8.03%90.16%3.38%10.23%15.52%21.20%15.06%-22.01%-13.40%-14.12%-10.48%-6.57%-12.46%-4.12%1.68%2.57%-5.57%3.17%17.77%
R&D--------------25.64M33.62M45.36M140.47M167.05M154.76M110.33M100.49M98.24M0.110.1100.030.06--
R&D as % of Total Revenue--------------6.91%6.66%5.31%6.82%7.83%8.40%7.80%8.23%9.12%0.00%0.00%0.00%0.00%0.00%--
Interest Expense116.16M156.30M184.89M155.54M169.09M93.33M55.76M38.72M30.32M36.99M53.37M72.67M86.57M62.95M85.92M132.77M223.46M395.59M541.76M482.37M412.58M126.93M103.37M114.13M109.37M143.97M---478.10M
Interest Expense % of Total Revenue101.00%65.10%78.92%64.18%77.85%49.44%48.29%12.29%8.42%9.86%12.37%15.12%589.10%716.53%23.14%26.30%26.18%19.20%25.38%26.17%29.16%10.39%9.60%10.01%11.20%13.37%---44.82%

Balance Sheet

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.48B3.07B3.30B3.28B2.25B1.78B1.22B1.33B1.58B1.85B2.01B2.39B2.24B1.77B2.92B4.73B5.69B7.93B8.27B7.38B7.66B8.40B9.39B10.41B10.65B12.15B12.40B12.51B16.44B16.17B
Total Liabilities2.28B2.52B2.74B2.66B1.67B1.28B853.50M1.01B1.25B1.51B1.45B1.81B1.63B903.49M2.02B3.38B3.92B6.05B7.23B6.53B7.00B7.86B8.84B9.99B10.24B11.67B11.94B12.11B15.94B15.54B
Total Equity203.60M419.70M436.38M509.44M503.43M379.11M368.75M315.97M328.58M345.55M557.98M586.15M607.78M865.61M904.57M1.34B1.76B1.87B1.04B851.56M652.96M545.04M554.71M412.01M415.37M476.70M456.70M401.80M492.90M628.00M
Cash38.88M152.24M170.18M269.86M153.74M134.66M192.25M216.09M287.85M269.61M236.58M114.24M201.03M90.92M127.80M144.23M220.13M178.51M129.47M257.27M256.55M259.65M329.13M428.34M284.80M192.80M208.00M201.60M184.80M180.50M
Total Debt225.97M345.30M404.30M505.50M206.26M401.52M306.79M206.63M281.86M1.12B799.37M490.25M453.32M308.34M391.33M3.23B1.73B4.76B6.02B5.54B6.08B7.02B7.40B8.67B9.29B10.47B10.46B10.93B14.74B15.18B
Net Debt187.09M193.06M234.12M235.64M52.53M266.86M114.55M-9.46M-5.99M850.46M562.79M376.01M252.30M217.42M263.54M3.09B1.51B4.58B5.89B5.28B5.83B6.76B7.07B8.24B9.00B10.28B10.25B10.73B14.55B15.00B

Cash Flow

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow101.37M60.70M286.25M-248.08M5.61M53.85M251.35M33.13M179.51M-328.17M391.78M-512.04M123.09M206.65M727.54M982.14M1.82B884.42M352.52M581.68M421.23M409.02M272.58M151.94M261.00M-468.40M173.20M10.40M-651.00M-748.00M
Investing Cash Flow-558.25M-443.60M-218.25M518.47M741.76M428.09M75.94M-18.78M39.63M-104.80M-261.50M-122.96M40.44M-3.16M-1.70B-2.66B262.87M-2.41B-958.25M280.37M-791.62M-839.22M-344.87M-587.44M-527.90M-1.01B-149.10M-100.30M478.50M1.85B
Financing Cash Flow454.47M482.50M219.47M-335.32M-947.86M-375.02M-395.70M9.49M7.58M159.69M-163.31M512.66M-76.75M-313.59M1.01B1.69B-2.00B1.49B556.68M-734.25M316.23M430.36M166.74M530.83M131.80M1.38B-13.40M70.80M182.90M-1.10B
Capital Expenditure5.24M13.70M20.33M38.50M3.43M12.29M12.80M107.63M7.59M125.23M146.14M117.45M9.47M13.94M27.25M3.82M199.26M1.02B33.92M49.84M50.87M9.05M14.45M147.62M277.30M834.50M204.90M122.20M37.70M376.30M
Free Cash Flow96.13M47.00M265.92M-286.58M2.19M41.56M238.55M-74.50M171.92M-453.40M245.64M-629.49M113.63M192.71M700.30M978.32M1.62B-132.16M318.61M531.84M370.35M398.31M258.13M4.32M-16.30M-1.30B-31.70M-111.80M-688.70M-1.12B
Dividends Paid-----------------5.12M1.16M-------00500.00K4.20M
FCF to OCF94.83%77.43%92.90%115.52%38.97%77.17%94.91%-224.89%95.77%138.16%62.70%122.94%92.31%93.25%96.26%99.61%89.03%-14.94%90.38%91.43%87.92%97.38%94.70%2.84%-6.25%278.16%-18.30%-1075.00%105.79%150.31%
Dividend Paid to FCF------------------3.87%0.37%-------0.00%0.00%-0.07%-0.37%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Nov 8, 2001Feb 12, 2002May 7, 2002Aug 8, 2002Nov 12, 2002Feb 6, 2003May 1, 2003Aug 14, 2003Nov 6, 2003Feb 3, 2004May 6, 2004Jul 13, 2004Oct 21, 2004Jan 27, 2005May 9, 2005Jul 28, 2005Nov 1, 2005Jan 26, 2006Apr 27, 2006Jul 27, 2006Oct 26, 2006Jan 26, 2007Apr 26, 2007Jul 31, 2007Oct 30, 2007Feb 12, 2008May 8, 2008Aug 5, 2008Nov 6, 2008Mar 12, 2009May 7, 2009Aug 4, 2009Nov 5, 2009Mar 4, 2010May 4, 2010Aug 3, 2010Nov 4, 2010Feb 24, 2011May 5, 2011Aug 4, 2011Oct 24, 2011Feb 23, 2012May 3, 2012Aug 2, 2012Nov 1, 2012Feb 28, 2013May 2, 2013Aug 1, 2013Oct 31, 2013Feb 27, 2014May 1, 2014Jul 31, 2014Oct 30, 2014Apr 14, 2015Jul 30, 2015Oct 28, 2015Feb 29, 2016Apr 27, 2016Jul 27, 2016Oct 26, 2016Feb 22, 2017May 3, 2017Aug 2, 2017Nov 2, 2017Feb 28, 2018May 2, 2018Jul 26, 2018Nov 6, 2018Feb 27, 2019May 7, 2019Aug 6, 2019Nov 5, 2019Feb 26, 2020May 8, 2020Aug 4, 2020Nov 3, 2020Feb 10, 2021May 4, 2021Aug 5, 2021Nov 8, 2021Feb 25, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 28, 2023May 4, 2023Aug 3, 2023Nov 7, 2023Feb 27, 2024May 2, 2024Aug 1, 2024Nov 5, 2024Feb 25, 2025Apr 30, 2025Aug 5, 2025Nov 6, 2025Feb 12, 2026May 5, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-----------------1.05-0.45-0.75-0.971.650.900.831.500.90-1.051.301.200.900.981.501.852.703.503.752.903.402.952.152.152.853.30-2.553.231.23-3.033.412.44-4.003.950.45-4.654.856.03-11.1815.3116.99-14.6512.359.42-28.162.57-3.75--5.96-5.90-2.25-1.95--2.55-1.80--3.30-1.35-2.40--4.05-4.35-3.451.20-0.150.40-0.24-0.020.78-0.800.750.07--0.290.281.030.931.091.421.742.351.672.021.982.462.091.791.56
EPS Actual5.52-9.276.12-2.612.33-0.913.170.27-1.12-0.31-0.152.08-5.25-4.79-16.26-1.54-1.05-4.80-0.90-1.800.600.901.051.051.501.961.351.050.600.751.801.803.902.853.754.202.703.001.351.201.351.203.45-1.303.153.601.501.313.004.913.451.394.053.754.611.333.734.995.557.189.3114.8613.2011.0210.2210.316.99-7.050.31-2.40-26.85-5.880.302.85-0.65-3.96-0.01-3.43-5.10-1.18-1.10-3.04-0.26-4.40-4.34-2.590.82-2.840.30-1.09-0.830.96-1.195.16-0.186.010.57-0.48-10.590.532.731.05-6.001.503.613.41-3.632.501.742.1214.35-0.831.66-
Surprise----------------0.00%-966.67%-20.00%-85.57%-63.64%0.00%26.51%-30.00%66.67%-28.57%-19.23%-50.00%-16.67%83.67%20.00%110.81%5.56%7.14%12.00%-6.90%-11.76%-54.24%-44.19%-37.21%-57.89%4.55%-23.53%11.46%21.95%--0.99%43.99%41.39%-1.25%-5.06%924.44%--19.78%2.89%-7.96%--16.73%-2.94%-22.31%--30.24%-16.52%-25.80%74.96%-87.94%36.00%-1.34%105.08%226.67%66.67%-99.61%-90.56%-64.24%18.52%-26.67%--8.64%0.23%24.93%-31.67%-100.00%-372.50%-300.00%-5850.00%561.54%-651.25%-24.00%-785.71%-282.76%875.00%1.94%-745.16%37.61%154.23%95.98%-254.91%49.70%-13.86%7.07%483.33%-139.71%-7.26%-
Timing----------------Pre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketAfter-hours-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-After-hoursAfter-hours-After-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap246.29M
Enterprise Value10.77B
Trailing P/E1.94
Forward P/E13.07
PEG Ratio0.62
Price / Sales0.21
Price / Book0.44
EPS15.17
Book Value72.56
Revenue (TTM)1.15B
Gross Profit (TTM)1.07B
EBITDA619.30M
Profit Margin12.35%
Operating Margin50.87%
Return on Equity23.78%
Return on Assets2.66%
Shares Outstanding8.35M
Shares Float6.21M
Beta1.44
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 4 analystsTarget 52.50
  • Strong Buy
    3
  • Buy
    1

Ownership Breakdown

Institutions
61.39%
Insiders
19.48%
Retail / Other
19.13%

Top Institutional Holders

  • American Century Companies Inc
    548.06K6.56%
  • Long Focus Capital Management, LLC
    540.60K6.47%
  • BlackRock Inc
    491.80K5.89%
  • Dimensional Fund Advisors, Inc.
    482.65K5.78%
  • Vanguard Capital Management, LLC
    277.72K3.32%
  • Deer Park Road Corporation
    254.05K3.04%
  • Prescott Group Capital Management LLC
    212.59K2.54%
  • Geode Capital Management, LLC
    164.84K1.97%
  • State Street Corp
    139.29K1.67%
  • RBF LLC
    120.66K1.44%
  • AQR Capital Management LLC
    105.91K1.27%
  • Bridgeway Capital Management, LLC
    81.98K0.98%
  • Shenkman Capital Management Inc
    76.89K0.92%
  • Arrowstreet Capital Limited Partnership
    76.04K0.91%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    210.49K2.52%
  • Avantis US Small Cap Value ETF
    197.53K2.36%
  • iShares Russell 2000 ETF
    185.64K2.22%
  • American Century Small Cap Value Inv
    180.59K2.16%
  • DFA US Small Cap Value I
    111.84K1.34%
  • Fidelity Small Cap Index
    75.94K0.91%

Dividends

19991×
12.30Aug 26, 1999
19983×
6.60Sep 28, 19986.15Jun 26, 19983.75Mar 26, 1998
19973×
5.85Dec 29, 19971.80Oct 3, 19970.75Jul 2, 1997

Stock Splits

  • Aug 14, 20201:15
  • Aug 10, 2009166:100
  • Nov 21, 19972:1