ONIT Stock - Onity Group Inc.
Unlock GoAI Insights for ONIT
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.07B | $1.14B | $999.50M | $1.08B | $976.80M |
| Gross Profit | $495.60M | $584.50M | $459.20M | $521.00M | $524.80M |
| Gross Margin | 46.3% | 51.1% | 45.9% | 48.4% | 53.7% |
| Operating Income | $247.80M | $226.70M | $270.70M | $224.80M | N/A |
| Net Income | $33.90M | $-63,700,000 | $25.70M | $18.10M | $-40,200,000 |
| Net Margin | 3.2% | -5.6% | 2.6% | 1.7% | -4.1% |
| EPS | $4.28 | $-8.34 | $2.97 | $2.00 | $-4.59 |
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. It 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. 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.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 9th 2024 | BTIG Research | Upgrade | Buy | $40 |
| July 10th 2024 | Keefe Bruyette | Upgrade | Outperform | - |
Earnings History & Surprises
ONITEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Feb 12, 2026 | — | — | — | — |
Q4 2025 | Nov 6, 2025 | $1.98 | $3.44 | +73.7% | ✓ BEAT |
Q3 2025 | Aug 5, 2025 | $2.08 | $1.87 | -10.1% | ✗ MISS |
Q2 2025 | Apr 30, 2025 | $1.79 | $2.84 | +58.7% | ✓ BEAT |
Q1 2025 | Feb 13, 2025 | $2.34 | $1.39 | -40.6% | ✗ MISS |
Q4 2024 | Nov 5, 2024 | $1.60 | $4.33 | +170.6% | ✓ BEAT |
Q3 2024 | Aug 1, 2024 | $1.37 | $4.07 | +197.1% | ✓ BEAT |
Q2 2024 | May 2, 2024 | $1.19 | $1.74 | +46.2% | ✓ BEAT |
Q1 2024 | Feb 27, 2024 | $1.09 | $1.44 | +32.1% | ✓ BEAT |
Q3 2023 | Sep 30, 2023 | $1.09 | $1.05 | -3.7% | ✗ MISS |
Q2 2023 | Jun 30, 2023 | $0.45 | $1.96 | +335.6% | ✓ BEAT |
Q1 2023 | Mar 31, 2023 | $-0.11 | $-5.34 | -4643.2% | ✗ MISS |
Q4 2022 | Dec 30, 2022 | $0.42 | $-10.59 | -2640.5% | ✗ MISS |
Q3 2022 | Sep 29, 2022 | $0.83 | $4.16 | +402.4% | ✓ BEAT |
Q2 2022 | Jun 29, 2022 | — | $1.11 | — | — |
Q1 2022 | Mar 30, 2022 | $2.29 | $6.01 | +162.4% | ✓ BEAT |
Q4 2021 | Dec 30, 2021 | — | $-0.18 | — | — |
Q3 2021 | Sep 30, 2021 | — | $2.29 | — | — |
Q2 2021 | Jun 30, 2021 | — | $-1.15 | — | — |
Latest News
Finance of America's Unit Signs Agreement To Acquire Home Equity Conversion Mortgage Servicing Portfolio From Onity's PHH Mortgage Unit; Financial Terms Not Disclosed
📈 PositiveKeefe, Bruyette & Woods Maintains Outperform on Onity Group, Raises Price Target to $60
📈 PositiveOnity Group Q3 EPS $2.03 Beats $1.98 Estimate, Sales $280.300M Beat $248.500M Estimate
📈 PositiveFrequently Asked Questions about ONIT
What is ONIT's current stock price?
What is the analyst price target for ONIT?
What sector is Onity Group Inc. in?
What is ONIT's market cap?
Does ONIT pay dividends?
Similar Stocks
Financial Services SectorExplore stocks similar to ONIT for comparison