Onity Group Inc. (ONIT)Financial Services | Mortgage Finance | West Palm Beach, United States | NYSE
38.34 USD
-0.39
(-1.007%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:24 a.m. EDT
The investment case here is a classic tale of a distressed turnaround with a massive valuation disconnect. Fundamentally, the business is showing signs of life: revenue is growing nearly 18%, operating margins are healthy at 55%, and the company has launched a share repurchase program to support the stock. The market is pricing in a disaster, valuing the company at less than 2x earnings based on trailing figures, which seems unjustified given the recovery in servicing operations. However, the path to recovery is fraught with peril. The balance sheet is a ticking time bomb; debt-to-equity is astronomical at 2,374, and free cash flow is deeply negative. This leverage makes the stock hypersensitive to interest rate fluctuations, which is why the recent headlines focus on rate pressure testing the outlook. The lack of any dividend history confirms that capital preservation is currently the priority, not shareholder returns. Technically, the stock has been grinding lower relative to its 200-day average, yet the recent price action shows a bounce off the lows. The options market reflects this tension: traders are buying deep out-of-the-money calls hoping for a catalyst-driven surge, while simultaneously placing heavy bets on a drop to the 25-35 range. Until the balance sheet deleveraging plan is executed and the negative cash flow turns positive, this remains a high-risk speculative play rather than a core holding. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.150925 |
| AutoARIMA | 0.150926 |
| AutoTheta | 0.154468 |
| MSTL | 0.161120 |
| MSTL_126 | 0.218963 |
Forecast horizon: 60 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 3.57 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.017 |
| Excess Kurtosis | -0.64 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 1999-08-25 |
| Debt to Equity Ratio | 2374.893 |
| Revenue per Share | 135.659 |
| Market Cap | 323,288,128 |
| Trailing P/E | 1.95 |
| Forward P/E | 4.23 |
| Beta | 1.44 |
| Profit Margins | 15.75% |
| Previous Name | Ocwen Financial Corporation |
| Website | https://www.onitygroup.com |
As of July 11, 2026, 3:24 a.m. EDT: Speculators are positioning for a volatile rebound rather than a steady grind higher. In the near term (July/August), there is heavy open interest in out-of-the-money calls at strikes significantly above the current price (50 and 65), suggesting a bet on a sharp gap-up event. However, this bullishness is tempered by substantial put volume at lower strikes (25 and 35) expiring in October, indicating a fear of a deeper correction or a 'long gamma' squeeze scenario where the stock could drop hard before rallying. The imbalance in volume versus open interest on the October puts suggests active selling pressure or hedging against downside risk.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.035008073 |
| Address1 | 1,661 Worthington Road |
| Address2 | Suite 100 |
| All Time High | 902.7 |
| All Time Low | 4.2 |
| Ask | 61.34 |
| Ask Size | 200 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 70,690 |
| Average Daily Volume3 Month | 78,757 |
| Average Volume | 78,757 |
| Average Volume10Days | 70,690 |
| Beta | 1.435 |
| Bid | 38.46 |
| Bid Size | 300 |
| Board Risk | 5 |
| Book Value | 74.81 |
| 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 | 38.34 |
| Current Ratio | 3.188 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 39.51 |
| Day Low | 37.76 |
| Debt To Equity | 2,374.893 |
| Display Name | Onity |
| Dividend Date | 1,597,363,200 |
| Earnings Call Timestamp End | 1,777,984,200 |
| Earnings Call Timestamp Start | 1,777,984,200 |
| Earnings Growth | -0.704 |
| Earnings Quarterly Growth | -0.656 |
| Earnings Timestamp | 1,777,984,200 |
| Earnings Timestamp End | 1,785,846,600 |
| Earnings Timestamp Start | 1,785,846,600 |
| Ebitda | 612,499,968 |
| Ebitda Margins | 0.55121 |
| Enterprise To Ebitda | 26.624 |
| Enterprise To Revenue | 14.676 |
| Enterprise Value | 16,307,487,744 |
| Eps Current Year | 4.8 |
| Eps Forward | 9.07 |
| Eps Trailing Twelve Months | 19.7 |
| 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 | 37.6758 |
| Fifty Day Average Change | 0.6641998 |
| Fifty Day Average Change Percent | 0.01762935 |
| Fifty Two Week Change Percent | 3.5008073 |
| Fifty Two Week High | 54.1 |
| Fifty Two Week High Change | -15.759998 |
| Fifty Two Week High Change Percent | -0.29131237 |
| Fifty Two Week Low | 33.22 |
| Fifty Two Week Low Change | 5.119999 |
| Fifty Two Week Low Change Percent | 0.15412398 |
| Fifty Two Week Range | 33.22 - 54.1 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 843,658,200,000 |
| Float Shares | 6,296,698 |
| Forward Eps | 9.07 |
| Forward P E | 4.2271223 |
| Free Cashflow | -1,914,187,520 |
| Full Exchange Name | NYSE |
| Full Time Employees | 4,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.94204 |
| Gross Profits | 1,046,800,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.19306 |
| Held Percent Institutions | 0.59326 |
| Implied Shares Outstanding | 8,432,137 |
| 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 | 323,288,128 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_350748 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | 170,900,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 326,576,666 |
| Number Of Analyst Opinions | 2 |
| Open | 37.0 |
| Operating Cashflow | -2,189,799,936 |
| Operating Margins | 0.55114 |
| Overall Risk | 2 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.62 |
| Phone | 561 682 8000 |
| Prev Name | Ocwen Financial Corporation |
| Previous Close | 38.73 |
| Price Eps Current Year | 7.9874997 |
| Price Hint | 2 |
| Price To Book | 0.5124983 |
| Price To Sales Trailing12 Months | 0.29093605 |
| Profit Margins | 0.15749 |
| Quick Ratio | 0.411 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | -0.389999 |
| Regular Market Change Percent | -1.00697 |
| Regular Market Day High | 39.51 |
| Regular Market Day Low | 37.76 |
| Regular Market Day Range | 37.76 - 39.51 |
| Regular Market Open | 37.0 |
| Regular Market Previous Close | 38.73 |
| Regular Market Price | 38.34 |
| Regular Market Time | 1,783,972,802 |
| Regular Market Volume | 51,939 |
| Return On Assets | 0.022330001 |
| Return On Equity | 0.29432 |
| Revenue Growth | 0.178 |
| Revenue Per Share | 135.659 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 8,432,137 |
| Shares Percent Shares Out | 0.0377 |
| Shares Short | 318,049 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 252,622 |
| Short Name | Onity Group Inc. |
| Short Percent Of Float | 0.042 |
| Short Ratio | 3.77 |
| Source Interval | 15 |
| State | FL |
| Symbol | ONIT |
| Target High Price | 58.0 |
| Target Low Price | 50.0 |
| Target Mean Price | 54.0 |
| Target Median Price | 54.0 |
| Total Cash | 193,600,000 |
| Total Cash Per Share | 22.96 |
| Total Debt | 16,127,899,648 |
| Total Revenue | 1,111,200,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 19.7 |
| Trailing P E | 1.9461929 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 41.2254 |
| Two Hundred Day Average Change | -2.8853989 |
| Two Hundred Day Average Change Percent | -0.06999081 |
| Type Disp | Equity |
| Volume | 51,939 |
| Website | https://www.onitygroup.com |
| Zip | 33,409 |