Onity Group Inc. (ONIT)Financial Services | Mortgage Finance | West Palm Beach, United States | NYSE
35.42 USD
+0.92
(2.667%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 35.42 |
Hot Take ↕ | Aug. 22, 2026, 2:23 a.m. EDT
The investment case for Onity is currently paralyzed by conflicting signals between its pristine balance sheet and deteriorating operational reality. Fundamentally, the company is a fortress: trading at a negligible 0.26x sales, boasting a 23.8% return on equity, and holding a massive cash pile against debt. The rebranding from PHH Mortgage and the launch of a $20 million share repurchase program signal management's intent to protect shareholder value and pivot the narrative away from recent earnings misses. However, the market has not yet bought this story, evidenced by the stock trading 33% below its 52-week high and the recent 69% miss in EPS. The lack of a dividend and the heavy put option positioning suggest investors remain deeply skeptical that the mortgage servicing headwinds are fully resolved. While the valuation offers a deep margin of safety, the absence of consistent revenue growth and the lingering operational pain prevent a confident long-term buy rating at this moment. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.084303 |
| MSTL | 0.091141 |
| AutoETS | 0.096484 |
| AutoARIMA | 0.096486 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 3.83 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.778 |
| Excess Kurtosis | -0.16 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 1999-08-25 |
| Debt to Equity Ratio | 1644.195 |
| Revenue per Share | 138.297 |
| Market Cap | 295,917,088 |
| Trailing P/E | 2.18 |
| Forward P/E | 4.30 |
| Beta | 1.46 |
| Profit Margins | 12.35% |
| Previous Name | Ocwen Financial Corporation |
| Website | https://www.onitygroup.com |
As of Aug. 22, 2026, 2:23 a.m. EDT: Speculators are positioning for significant volatility rather than a specific directional breakout. Call volume is heavily skewed toward out-of-the-money strikes (50 and 60), suggesting a speculative hope for a rally to the $60 fair value anchor mentioned in recent headlines. However, put volume is even more aggressive, particularly in the October expiration where deep out-of-the-money puts (25 strike) dominate open interest. This 'straddle-like' positioning indicates traders expect a sharp move—either a recovery driven by the buyback program or a further decline due to servicing challenges—but the heavy put weight suggests a fear of downside risk outweighs the bullish thesis.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.14896685 |
| Address1 | 1,661 Worthington Road |
| Address2 | Suite 100 |
| All Time High | 902.7 |
| All Time Low | 4.2 |
| Ask | 35.32 |
| Ask Size | 200 |
| Audit Risk | 3 |
| Average Daily Volume10 Day | 70,320 |
| Average Daily Volume3 Month | 69,512 |
| Average Volume | 69,512 |
| Average Volume10Days | 70,320 |
| Beta | 1.455 |
| Bid | 14.14 |
| Bid Size | 300 |
| 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 | 35.42 |
| Current Ratio | 3.354 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 35.51 |
| Day Low | 34.5 |
| Debt To Equity | 1,644.195 |
| Display Name | Onity |
| Dividend Date | 1,597,363,200 |
| 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 | 17.706 |
| Enterprise To Revenue | 9.556 |
| Enterprise Value | 10,965,017,600 |
| Eps Current Year | 4.905 |
| Eps Forward | 8.24 |
| Eps Trailing Twelve Months | 16.24 |
| Esg Populated | 0 |
| Ex Dividend Date | 935,625,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 38.0586 |
| Fifty Day Average Change | -2.6386032 |
| Fifty Day Average Change Percent | -0.06933001 |
| Fifty Two Week Change Percent | -14.896685 |
| Fifty Two Week High | 54.1 |
| Fifty Two Week High Change | -18.68 |
| Fifty Two Week High Change Percent | -0.34528652 |
| Fifty Two Week Low | 33.0 |
| Fifty Two Week Low Change | 2.4199982 |
| Fifty Two Week Low Change Percent | 0.07333328 |
| Fifty Two Week Range | 33.0 - 54.1 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 843,658,200,000 |
| Float Shares | 6,208,996 |
| Forward Eps | 8.24 |
| Forward P E | 4.2985435 |
| Free Cashflow | -1,807,600,000 |
| Full Exchange Name | NYSE |
| Full Time Employees | 4,000 |
| Fullday Change | 0.919998 |
| Fullday Change Percent | 2.66666 |
| Fullday Price | 35.42 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.93508005 |
| Gross Profits | 1,073,000,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.19485001 |
| Held Percent Institutions | 0.60887 |
| 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 | 295,917,088 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_350748 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-29 |
| Net Income To Common | 137,500,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 288,230,940 |
| Number Of Analyst Opinions | 2 |
| Open | 34.51 |
| 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 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 35.42 |
| Post Market Time | 1,787,959,806 |
| Prev Name | Ocwen Financial Corporation |
| Previous Close | 34.5 |
| Price Eps Current Year | 7.2212024 |
| Price Hint | 2 |
| Price To Book | 0.48818135 |
| Price To Sales Trailing12 Months | 0.2578798 |
| Profit Margins | 0.12349 |
| Quick Ratio | 0.334 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.919998 |
| Regular Market Change Percent | 2.66666 |
| Regular Market Day High | 35.51 |
| Regular Market Day Low | 34.5 |
| Regular Market Day Range | 34.5 - 35.51 |
| Regular Market Open | 34.51 |
| Regular Market Previous Close | 34.5 |
| Regular Market Price | 35.42 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 67,316 |
| Return On Assets | 0.02657 |
| Return On Equity | 0.23783001 |
| Revenue Growth | 0.147 |
| Revenue Per Share | 138.297 |
| Sand P52 Week Change | 0.20204377 |
| 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 | 0.048699997 |
| Shares Short | 407,242 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 325,686 |
| Short Name | Onity Group Inc. |
| Short Percent Of Float | 0.0543 |
| Short Ratio | 6.51 |
| Source Interval | 15 |
| State | FL |
| Symbol | ONIT |
| Target High Price | 55.0 |
| Target Low Price | 50.0 |
| Target Mean Price | 52.5 |
| Target Median Price | 52.5 |
| 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 | 16.24 |
| Trailing P E | 2.1810343 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 41.20075 |
| Two Hundred Day Average Change | -5.7807503 |
| Two Hundred Day Average Change Percent | -0.14030692 |
| Type Disp | Equity |
| Volume | 67,316 |
| Website | https://www.onitygroup.com |
| Zip | 33,409 |