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25 items- SECOcwen Financial Corporation NEW filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits8-K - ONITY GROUP INC. (0000873860) (Filer)
- NEWSOcwen Financial Officially Starts Operating Under Its New Brand Name Onity Group, Effective June 10; To Begin Trading On NYSE Under Symbol 'ONIT' At Market Open Today
- PROcwen Financial Officially Rebrands as Onity™ GroupWEST PALM BEACH, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE:ONIT) ("Onity" or the "Company"), a leading non-bank mortgage servicer and originator, today announced that it has officially started operating under its new brand name effective Monday, June 10, 2024, replacing its former name, Ocwen Financial Corporation. The Company's common stock is expected to begin trading on the New York Stock Exchange under the symbol "ONIT" at market open today. Glen A. Messina, Chair, President and CEO of Onity Group, said, "Today marks the start of a new era for our Company and signifies our transformation, growth and expansion into a balanced and diversified business. We are proud
- INSIDERBusquet Jacques J was granted 4,792 shares, increasing direct ownership by 12% to 45,010 units (SEC Form 4)4 - OCWEN FINANCIAL CORP (0000873860) (Issuer)
- INSIDERBowers Alan J was granted 4,792 shares, increasing direct ownership by 15% to 36,177 units (SEC Form 4)4 - OCWEN FINANCIAL CORP (0000873860) (Issuer)
- INSIDERStein Kevin was granted 4,792 shares, increasing direct ownership by 108% to 9,216 units (SEC Form 4)4 - OCWEN FINANCIAL CORP (0000873860) (Issuer)
- INSIDERBritell Jenne K was granted 4,792 shares, increasing direct ownership by 108% to 9,216 units (SEC Form 4)4 - OCWEN FINANCIAL CORP (0000873860) (Issuer)
- INSIDERSoaries Deforest B. Jr. was granted 4,792 shares, increasing direct ownership by 15% to 36,418 units (SEC Form 4)4 - OCWEN FINANCIAL CORP (0000873860) (Issuer)
- INSIDERMerkle Claudia J was granted 4,792 shares, increasing direct ownership by 746% to 5,434 units (SEC Form 4)4 - OCWEN FINANCIAL CORP (0000873860) (Issuer)
- SECSEC Form S-8 filed by Ocwen Financial Corporation NEWS-8 - OCWEN FINANCIAL CORP (0000873860) (Filer)
- SECOcwen Financial Corporation NEW filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits8-K - OCWEN FINANCIAL CORP (0000873860) (Filer)
- NEWSOcwen Financial Announces Shareholder Approval To Rebrand As Onity Group; New Name And NYSE Trading Symbol "ONIT" Expected To Be Effective June 10, 2024New name and NYSE trading symbol ("ONIT") expected to be effective June 10, 2024PHH Mortgage expected to rebrand to Onity Mortgage in the fall of 2024WEST PALM BEACH, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) ("Ocwen" or the "Company"), a leading non-bank mortgage servicer and originator, today announced that the Company has obtained the necessary approval from its shareholders to change the name of Ocwen to Onity™ Group Inc.
- PROcwen Financial Announces Shareholder Approval to Rebrand as Onity™ GroupNew name and NYSE trading symbol ("ONIT") expected to be effective June 10, 2024PHH Mortgage expected to rebrand to Onity Mortgage in the fall of 2024 WEST PALM BEACH, Fla., May 28, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) ("Ocwen" or the "Company"), a leading non-bank mortgage servicer and originator, today announced that the Company has obtained the necessary approval from its shareholders to change the name of Ocwen to Onity™ Group Inc. Glen A. Messina, Chair, President and CEO of Ocwen, said, "We are very pleased that our shareholders have approved our name change to Onity Group. We look forward to this new chapter in our Company's history and to operating unde
- INSIDERSEC Form 3 filed by new insider Bradfield Richard J.3 - OCWEN FINANCIAL CORP (0000873860) (Issuer)
- NEWSKeefe, Bruyette & Woods Maintains Market Perform on Ocwen Financial, Raises Price Target to $32Keefe, Bruyette & Woods analyst Bose George maintains Ocwen Financial (NYSE:OCN) with a Market Perform and raises the price target from $28 to $32.
- SECSEC Form 10-Q filed by Ocwen Financial Corporation NEW10-Q - OCWEN FINANCIAL CORP (0000873860) (Filer)
- NEWSOcwen Financial Q1 2024 GAAP EPS $3.74 Beats $1.11 Estimate, Sales $239.100M Miss $270.369M EstimateOcwen Financial (NYSE:OCN) reported quarterly earnings of $3.74 per share which beat the analyst consensus estimate of $1.11 by 236.94 percent. This is a 170.04 percent increase over losses of $(5.34) per share from the same period last year. The company reported quarterly sales of $239.100 million which missed the analyst consensus estimate of $270.369 million by 11.57 percent. This is a 8.67 percent decrease over sales of $261.800 million the same period last year.
- SECOcwen Financial Corporation NEW filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - OCWEN FINANCIAL CORP (0000873860) (Filer)
- PROcwen Financial Announces First Quarter 2024 ResultsNet income of $30 million and diluted earnings per share of $3.74; annualized return on equity of 29%Adjusted pre-tax income of $14 million, driven by servicing segment; achieved 13.8% annualized adjusted pre-tax return on equityRepurchased $47 million in PHH senior secured notes below par$23 billion in total servicing additions ($19 billion in subservicing additions)Moody's Ratings upgraded corporate family rating to B3 in April 2024 WEST PALM BEACH, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) ("Ocwen" or the "Company"), a leading non-bank mortgage servicer and originator, today announced its first quarter 2024 results and provided a business update.
- PROcwen Financial Schedules Conference Call – First Quarter 2024 Results and Business UpdateWEST PALM BEACH, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE:OCN) ("Ocwen" or the "Company"), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, May 2, 2024 at 8:30 a.m. (ET) to review the Company's first quarter 2024 operating results and provide a business update. All interested parties are welcome to participate. You can access the conference call by dialing (800) 343-4849 or (203) 518-9848 approximately 10 minutes prior to the call; please reference the conference ID "Ocwen." Participants can also access the conference call through a live audio webcast available from the Shareholder Relat
- SECSEC Form ARS filed by Ocwen Financial Corporation NEWARS - OCWEN FINANCIAL CORP (0000873860) (Filer)
- SECSEC Form DEF 14A filed by Ocwen Financial Corporation NEWDEF 14A - OCWEN FINANCIAL CORP (0000873860) (Filer)
- SECSEC Form PRE 14A filed by Ocwen Financial Corporation NEWPRE 14A - OCWEN FINANCIAL CORP (0000873860) (Filer)
- SECSEC Form 8-K/A filed by Ocwen Financial Corporation NEW (Amendment)8-K/A - OCWEN FINANCIAL CORP (0000873860) (Filer)
- NEWSKeefe, Bruyette & Woods Maintains Market Perform on Ocwen Financial, Lowers Price Target to $28Keefe, Bruyette & Woods analyst Bose George maintains Ocwen Financial (NYSE:OCN) with a Market Perform and lowers the price target from $30 to $28.
OCN FAQ
6 questionsWhat does Ocwen Financial Corporation NEW do?
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...Where does OCN stock trade?
Ocwen Financial Corporation NEW (OCN) is listed on NYSE.What sector and industry is OCN in?
Ocwen Financial Corporation NEW operates in the Consumer Discretionary sector, Advertising industry.What are analysts saying about OCN?
Ocwen Financial Corporation NEW has had 4 recent analyst actions on file. The most recent action was from BTIG Research: Neutral on 2022-04-21. Recent price targets cluster around $3600.00.What companies are similar to OCN?
Notable peers in the same industry include OMC (Omnicom Group Inc.), IPG (Interpublic Group of Companies Inc.), WPP (WPP plc), STGW (Stagwell Inc.), CCO (Clear Channel Outdoor Holdings Inc.). Compare OCN side-by-side with any of them on Quantisnow.How can I track OCN on Quantisnow?
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