Onity Group Inc. (ONIT)Financial Services | Mortgage Finance | West Palm Beach, United States | NYSE
26.95 USD
+1.58
(6.228%)
⇧
(Oct. 15, 2026, 3:51 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 3:45 a.m. EDT
The investment case here is defined by a stark contradiction between a distressed balance sheet and a speculative rebranding narrative. Fundamentally, the company is in a precarious position with massive debt obligations exceeding $10 billion against a market cap of only $222 million, resulting in a debt-to-equity ratio of 1644%. This leverage structure is a significant overhang that limits upside potential regardless of operational improvements. Despite the rebranding from PHH Mortgage and the launch of a share repurchase program, the recent price action shows a relentless decline, trading well below both its 50-day and 200-day moving averages. The stock has lost nearly 35% of its value over the last nine years, reflecting a deep loss of confidence in the underlying business quality. While the forward P/E appears attractive at 3.4x, this is likely a reflection of depressed earnings expectations rather than genuine undervaluation, especially given the negative free cash flow. The options market confirms this uncertainty, with traders betting on volatility rather than a sustained rally. Until the debt load is meaningfully reduced or the servicing recovery proves durable over multiple quarters, the risk profile remains too high for a confident long-term entry. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.142632 |
| AutoARIMA | 0.142633 |
| MSTL | 0.149063 |
| AutoTheta | 0.150918 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 16.63 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.429 |
| Excess Kurtosis | -0.41 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 1999-08-25 |
| Debt to Equity Ratio | 1644.195 |
| Revenue per Share | 138.297 |
| Market Cap | 225,154,320 |
| Trailing P/E | 1.80 |
| Forward P/E | 3.81 |
| Beta | 1.49 |
| Profit Margins | 12.35% |
| Previous Name | Ocwen Financial Corporation |
| Website | https://www.onitygroup.com |
As of Oct. 10, 2026, 3:45 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. Call volume is heavily skewed toward out-of-the-money strikes (50 and 60), suggesting a speculative hope for a recovery to previous highs, while put volume concentrates near the money (25 strike), indicating a floor defense strategy. The imbalance in open interest favors calls, but the low implied volatility relative to the wide price range suggests the market views this as a low-probability, high-volatility event rather than a confirmed trend.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.30645162 |
| Address1 | 1,661 Worthington Road |
| Address2 | Suite 100 |
| All Time High | 902.7 |
| All Time Low | 4.2 |
| Ask | 27.26 |
| Ask Size | 200 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 169,250 |
| Average Daily Volume3 Month | 81,410 |
| Average Volume | 81,410 |
| Average Volume10Days | 169,250 |
| Beta | 1.493 |
| Bid | 27.12 |
| Bid Size | 500 |
| Board Risk | 5 |
| Book Value | 72.555 |
| City | West Palm Beach |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 26.95 |
| Current Ratio | 3.354 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 27.36 |
| Day Low | 25.735 |
| Debt To Equity | 1,644.195 |
| Display Name | Onity |
| Dividend Date | 1,597,363,200 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,019,400 |
| Earnings Call Timestamp Start | 1,786,019,400 |
| Earnings Timestamp | 1,786,019,400 |
| Earnings Timestamp End | 1,793,881,800 |
| Earnings Timestamp Start | 1,793,881,800 |
| Ebitda | 619,299,968 |
| Ebitda Margins | 0.53969 |
| Enterprise To Ebitda | 17.57 |
| Enterprise To Revenue | 9.482 |
| Enterprise Value | 10,881,053,696 |
| Eps Current Year | 4.995 |
| Eps Forward | 7.07 |
| Eps Trailing Twelve Months | 14.97 |
| Esg Populated | 0 |
| Ex Dividend Date | 935,625,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 33.2238 |
| Fifty Day Average Change | -6.2738 |
| Fifty Day Average Change Percent | -0.1888345 |
| Fifty Two Week Change Percent | -30.645163 |
| Fifty Two Week High | 54.1 |
| Fifty Two Week High Change | -27.149998 |
| Fifty Two Week High Change Percent | -0.5018484 |
| Fifty Two Week Low | 25.08 |
| Fifty Two Week Low Change | 1.8700008 |
| Fifty Two Week Low Change Percent | 0.07456144 |
| Fifty Two Week Range | 25.08 - 54.1 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 843,658,200,000 |
| Float Shares | 6,331,640 |
| Forward Eps | 7.07 |
| Forward P E | 3.8118813 |
| Free Cashflow | -1,807,600,000 |
| Full Exchange Name | NYSE |
| Full Time Employees | 4,000 |
| Fullday Change | 1.5799999 |
| Fullday Change Percent | 6.227828 |
| Fullday Price | 26.95 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.93508005 |
| Gross Profits | 1,073,000,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.17746 |
| Held Percent Institutions | 0.61477 |
| Implied Shares Outstanding | 8,354,520 |
| Industry | Mortgage Finance |
| Industry Disp | Mortgage Finance |
| Industry Key | mortgage-finance |
| Ir Website | http://shareholders.ocwen.com/ |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,597,363,200 |
| Last Split Factor | 1:15 |
| Long Business Summary | 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. |
| Long Name | Onity Group Inc. |
| Market | us_market |
| Market Cap | 225,154,320 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_350748 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-15 |
| Net Income To Common | 137,500,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 267,762,366 |
| Number Of Analyst Opinions | 2 |
| Open | 25.65 |
| Operating Cashflow | -2,107,100,032 |
| Operating Margins | 0.50866 |
| Overall Risk | 2 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.62 |
| Phone | 561 682 8000 |
| Prev Name | Ocwen Financial Corporation |
| Previous Close | 25.37 |
| Price Eps Current Year | 5.3953958 |
| Price Hint | 2 |
| Price To Book | 0.37144238 |
| Price To Sales Trailing12 Months | 0.1962129 |
| Profit Margins | 0.12349 |
| Quick Ratio | 0.334 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | 1.5799999 |
| Regular Market Change Percent | 6.227828 |
| Regular Market Day High | 27.36 |
| Regular Market Day Low | 25.735 |
| Regular Market Day Range | 25.735 - 27.36 |
| Regular Market Open | 25.65 |
| Regular Market Previous Close | 25.37 |
| Regular Market Price | 26.95 |
| Regular Market Time | 1,792,093,889 |
| Regular Market Volume | 99,822 |
| Return On Assets | 0.02657 |
| Return On Equity | 0.23783001 |
| Revenue Growth | 0.147 |
| Revenue Per Share | 138.297 |
| Sand P52 Week Change | 0.16440773 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 8,354,520 |
| Shares Percent Shares Out | 0.0513 |
| Shares Short | 428,830 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 367,858 |
| Short Name | Onity Group Inc. |
| Short Percent Of Float | 0.0572 |
| Short Ratio | 6.41 |
| Source Interval | 15 |
| State | FL |
| Symbol | ONIT |
| Target High Price | 55.0 |
| Target Low Price | 45.0 |
| Target Mean Price | 50.0 |
| Target Median Price | 50.0 |
| Total Cash | 229,200,000 |
| Total Cash Per Share | 27.434 |
| Total Debt | 10,848,400,384 |
| Total Revenue | 1,147,500,032 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 14.97 |
| Trailing P E | 1.8002672 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 39.1855 |
| Two Hundred Day Average Change | -12.2355 |
| Two Hundred Day Average Change Percent | -0.3122456 |
| Type Disp | Equity |
| Volume | 99,822 |
| Website | https://www.onitygroup.com |
| Zip | 33,409 |