Ocwen Stock Today

OCN
 Stock
  

USD 27.45  0.04  0.15%   

Market Performance
8 of 100
Odds Of Distress
Less than 43
Ocwen Financial is selling for 27.45 as of the 5th of July 2022. This is a -0.15 percent down since the beginning of the trading day. The stock's open price was 27.49. Ocwen Financial has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Ocwen Financial Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of June 2022 and ending today, the 5th of July 2022. Click here to learn more.
CUSIP
675746101
Fiscal Year End
December
Business Domain
Banks
IPO Date
25th of September 1996
Category
Financial Services
Classification
Financials
ISIN
US6757466064
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 was founded in 1988 and is headquartered in West Palm Beach, Florida. The company has 9.2 M outstanding shares of which 378.24 K shares are now shorted by investors with about 4.03 days to cover. More on Ocwen Financial Corp
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Ocwen Financial Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Ocwen Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ocwen Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Ocwen Financial Corp appears to be risky and price may revert if volatility continues
Ocwen Financial Corp has about 213.56 M in cash with (472.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.19.
Ocwen Financial Corp has a poor financial position based on the latest SEC disclosures
Roughly 61.0% of the company shares are owned by institutional investors
Latest headline from www.benzinga.com: Dow Jumps 650 Points CalAmp Shares Plummet - Benzinga - Benzinga
CEORonald Faris
Average Analyst Recommendation
Analysts covering Ocwen Financial report their recommendations after researching Ocwen Financial's financial statements, talking to executives and customers, or listening in on Ocwen Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ocwen Financial Corp. The Ocwen consensus assessment is calculated by taking the average forecast from all of the analysts covering Ocwen Financial.
Strong Buy2 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Ocwen Financial Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Ocwen Financial Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares8.3 MM
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted8.6 M9.4 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from Operations(484.6 M)(472.2 M)
Fairly Down
Decreasing
Slightly volatile
Total Assets9.7 B12.1 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities12.6 B11.7 B
Significantly Up
Increasing
Slightly volatile
Total Debt4.7 B3.7 B
Fairly Up
Increasing
Very volatile
Return on Average Assets0.170.1586
Notably Up
Decreasing
Stable
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.130.1
Significantly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ocwen Financial's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Ocwen Financial Corp (OCN) is traded on New York Stock Exchange in USA and employs 5,700 people. The company currently falls under 'Small-Cap' category with total capitalization of 252.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ocwen Financial's market, we take the total number of its shares issued and multiply it by Ocwen Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Ocwen Financial Corp runs under Financial Services sector within Mortgage Finance industry. The entity has 9.2 M outstanding shares of which 378.24 K shares are now shorted by investors with about 4.03 days to cover. Ocwen Financial Corp has about 213.56 M in cash with (472.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.19.
Check Ocwen Financial Probability Of Bankruptcy
Ownership
The market capitalization of Ocwen Financial Corp is $252.93 Million. Over half of Ocwen Financial Corp outstanding shares are owned by third-party entities. These third-party entities are typically referred to corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Ocwen Financial. Please watch out for any change in the institutional holdings of Ocwen Financial Corp as this could mean something significant has changed or about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.

Ownership Allocation (%)

Check Ocwen Ownership Details

Ocwen Stock Price Odds Analysis

What are Ocwen Financial's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Ocwen Financial jumping above the current price in 90 days from now is about 10.01%. The Ocwen Financial Corp probability density function shows the probability of Ocwen Financial stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4503. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ocwen Financial will likely underperform. Additionally, the company has an alpha of 0.511, implying that it can generate a 0.51 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 27.45HorizonTargetOdds Above 27.45
89.93%90 days
 27.45 
10.01%
Based on a normal probability distribution, the odds of Ocwen Financial to move above the current price in 90 days from now is about 10.01 (This Ocwen Financial Corp probability density function shows the probability of Ocwen Stock to fall within a particular range of prices over 90 days) .

Ocwen Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Ocwen Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ocwen Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ocwen Financial's value.
InstituionSecurity TypeTotal SharesValue
Deer Park Road CorpCommon Shares863.7 K20.5 M
Oaktree Capital Management LpCommon Shares756.9 K18 M
Susquehanna International Group LlpCall Options45.3 K1.1 M
View Ocwen Financial Diagnostics

Ocwen Financial Historical Income Statement

Ocwen Financial Corp Income Statement is one of the three primary financial statements used for reporting Ocwen's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ocwen Financial Corp revenue and expense. Ocwen Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Ocwen Financial Revenues is quite stable at the moment as compared to the past year. The company's current value of Revenues is estimated at 1.4 Billion. Selling General and Administrative Expense is expected to rise to about 701 M this year, although the value of Consolidated Income will most likely fall to (131.3 M). View More Fundamentals

Ocwen Stock Against Markets

Picking the right benchmark for Ocwen Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ocwen Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ocwen Financial is critical whether you are bullish or bearish towards Ocwen Financial Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ocwen Financial without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Financial Widgets Now

   

Financial Widgets

Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
All  Next Launch Module

Ocwen Financial Corporate Directors

Ocwen Financial corporate directors refer to members of an Ocwen Financial board of directors. The board of directors generally takes responsibility for the Ocwen Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ocwen Financial's board members must vote for the resolution. The Ocwen Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert Salcetti - Independent DirectorProfile
Carol Galante - Independent DirectorProfile
Alan Bowers - Independent DirectorProfile
DeForest Soaries - Independent DirectorProfile

Investing Ocwen Financial Corp

You need to understand the risk of investing before taking a position in Ocwen Financial. The danger of trading Ocwen Financial Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ocwen Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ocwen Financial. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ocwen Financial Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. Note that the Ocwen Financial Corp information on this page should be used as a complementary analysis to other Ocwen Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Ocwen Stock analysis

When running Ocwen Financial Corp price analysis, check to measure Ocwen Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocwen Financial is operating at the current time. Most of Ocwen Financial's value examination focuses on studying past and present price action to predict the probability of Ocwen Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ocwen Financial's price. Additionally, you may evaluate how the addition of Ocwen Financial to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Is Ocwen Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ocwen Financial. If investors know Ocwen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ocwen Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
5.26
Market Capitalization
254.3 M
Quarterly Revenue Growth YOY
0.12
Return On Assets
0.0259
Return On Equity
0.14
The market value of Ocwen Financial Corp is measured differently than its book value, which is the value of Ocwen that is recorded on the company's balance sheet. Investors also form their own opinion of Ocwen Financial's value that differs from its market value or its book value, called intrinsic value, which is Ocwen Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ocwen Financial's market value can be influenced by many factors that don't directly affect Ocwen Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ocwen Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine Ocwen Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocwen Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.