Ocwen Financial Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $26.67
- Today's High:
- $27.265
- Open Price:
- $26.67
- 52W Low:
- $22.5
- 52W High:
- $37.165
- Prev. Close:
- $26.88
- Volume:
- 23184
Company Statistics
- Market Cap.:
- $206.36 million
- Book Value:
- 56.506
- Revenue TTM:
- $1.03 billion
- Operating Margin TTM:
- 52.92%
- Gross Profit TTM:
- $889 million
- Profit Margin:
- -6.52%
- Return on Assets TTM:
- 2.7%
- Return on Equity TTM:
- -13.79%
Company Profile
Ocwen Financial Corporation had its IPO on 1996-09-25 under the ticker symbol OCN.
The company operates in the Financial Services sector and Mortgage Finance industry. Ocwen Financial Corporation has a staff strength of 4,600 employees.
Stock update
Shares of Ocwen Financial Corporation opened at $26.67 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $26.67 - $27.27, and closed at $26.97.
This is a +0.33% increase from the previous day's closing price.
A total volume of 23,184 shares were traded at the close of the day’s session.
In the last one week, shares of Ocwen Financial Corporation have slipped by -10.55%.
Ocwen Financial Corporation's Key Ratios
Ocwen Financial Corporation has a market cap of $206.36 million, indicating a price to book ratio of 0.4655 and a price to sales ratio of 0.2472.
In the last 12-months Ocwen Financial Corporation’s revenue was $1.03 billion with a gross profit of $889 million and an EBITDA of $561 million. The EBITDA ratio measures Ocwen Financial Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Ocwen Financial Corporation’s operating margin was 52.92% while its return on assets stood at 2.7% with a return of equity of -13.79%.
In Q2, Ocwen Financial Corporation’s quarterly earnings growth was a positive 75.7% while revenue growth was a positive 22.4%.
Ocwen Financial Corporation’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
- -1.4
Its diluted EPS in the last 12-months stands at $-7.65 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -1.4. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ocwen Financial Corporation’s profitability.
Ocwen Financial Corporation stock is trading at a EV to sales ratio of 10.0664 and a EV to EBITDA ratio of 23.9749. Its price to sales ratio in the trailing 12-months stood at 0.2472.
Ocwen Financial Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $13.22 billion
- Total Liabilities
- $217.80 million
- Operating Cash Flow
- $-2600000.00
- Capital Expenditure
- $22.60 million
- Dividend Payout Ratio
- 0%
Ocwen Financial Corporation ended 2024 with $13.22 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $13.22 billion while shareholder equity stood at $433.80 million.
Ocwen Financial Corporation ended 2024 with $0 in deferred long-term liabilities, $217.80 million in other current liabilities, 100000.00 in common stock, $-112600000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $213.40 million and cash and short-term investments were $213.40 million. The company’s total short-term debt was $50,900,000 while long-term debt stood at $605.00 million.
Ocwen Financial Corporation’s total current assets stands at $10.20 billion while long-term investments were $9.04 billion and short-term investments were $0. Its net receivables were $9.23 billion compared to accounts payable of $0 and inventory worth $0.
In 2024, Ocwen Financial Corporation's operating cash flow was $-2600000.00 while its capital expenditure stood at $22.60 million.
Comparatively, Ocwen Financial Corporation paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $26.97
- 52-Week High
- $37.165
- 52-Week Low
- $22.5
- Analyst Target Price
- $41.67
Ocwen Financial Corporation stock is currently trading at $26.97 per share. It touched a 52-week high of $37.165 and a 52-week low of $37.165. Analysts tracking the stock have a 12-month average target price of $41.67.
Its 50-day moving average was $30.98 and 200-day moving average was $30.71 The short ratio stood at 5.04 indicating a short percent outstanding of 0%.
Around 1422.5% of the company’s stock are held by insiders while 5353.9% are held by institutions.
Frequently Asked Questions About Ocwen Financial Corporation
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About
Ocwen Financial Corporation, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through Servicing and Originations segments. It provides commercial mortgage loan servicing, special servicing, and asset management services, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans to owners of mortgage loans and foreclosed real estate. The company 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. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.