Robert Lipstein - Ocwen Financial Independent Director

OCN Stock  USD 24.77  0.32  1.31%   

Director

Mr. Robert J. Lipstein is an Independent Director of Ocwen Financial Corporationrationration. Mr. Lipstein has served as a director of Ocwen since March 2017. Mr. Lipstein was formerly a partner with KPMG LLP and served as the Global IT Partner in Charge of Business Services from 2014 to 2016 and as an Advisory Business Unit Partner in Charge for its MidAtlantic Region from 2009 to 2014. His career at KPMG LLP began in 1977. In January 2017, he became a director at CrossCountry Consulting, a privatelyheld consulting firm that focuses on corporate advisory services. Since January 2013, he has served as an Advisory Board Member of the Weinberg Center for Corporationrationrate Governance at the University of Delaware since 2017.
Age 63
Tenure 7 years
Address 1661 Worthington Road, West Palm Beach, FL, United States, 33409
Phone561 682 8000
Webhttps://www.ocwen.com
Lipstein has a BS in Accounting from the University of Delaware.

Ocwen Financial Management Efficiency

The company has Return on Asset of 0.0328 % which means that on every $100 spent on assets, it made $0.0328 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1484) %, meaning that it generated no profit with money invested by stockholders. Ocwen Financial's management efficiency ratios could be used to measure how well Ocwen Financial manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Tangible Assets is likely to grow to -0.0059. In addition to that, Return On Capital Employed is likely to drop to 0.03. At this time, Ocwen Financial's Fixed Asset Turnover is very stable compared to the past year. As of the 24th of April 2024, Asset Turnover is likely to grow to 0.11, though Other Assets are likely to grow to (190 K).
The company has 11.43 B in debt. Ocwen Financial has a current ratio of 1.3, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist Ocwen Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Ocwen Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ocwen Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ocwen to invest in growth at high rates of return. When we think about Ocwen Financial's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 10 records

DIRECTOR Age

Rich StovskyEncore Capital Group
59
Michael MonacoEncore Capital Group
70
Norman SorensenEncore Capital Group
72
Ash GuptaEncore Capital Group
N/A
Richard SrednickiEncore Capital Group
70
Francis QuinlanEncore Capital Group
69
Wendy HannamEncore Capital Group
58
Richard StovskyEncore Capital Group
60
Ashwini GuptaEncore Capital Group
65
Laura OlleEncore Capital Group
64
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. Ocwen Financial operates under Mortgage Finance classification in the United States and is traded on New York Stock Exchange. It employs 5600 people. Ocwen Financial (OCN) is traded on New York Stock Exchange in USA. It is located in 1661 Worthington Road, West Palm Beach, FL, United States, 33409 and employs 4,500 people. Ocwen Financial is listed under Thrifts & Mortgage Finance category by Fama And French industry classification.

Management Performance

Ocwen Financial Leadership Team

Elected by the shareholders, the Ocwen Financial's board of directors comprises two types of representatives: Ocwen Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ocwen. The board's role is to monitor Ocwen Financial's management team and ensure that shareholders' interests are well served. Ocwen Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ocwen Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Bourque, CFO and Executive VP
George Henley, Executive Vice President Chief Growth Officer
Peter Moenickheim, Executive Vice President Chief Risk Officer
June Campbell, Chief Financial Officer, Executive Vice President
John Britti, Executive Vice President, Chief Investment Officer
Dennis Zeleny, Executive Vice President Chief Administrative Officer
Joseph Long, Executive Vice President Capital Markets
Robert Salcetti, Independent Director
Carol Galante, Independent Director
Alan Bowers, Independent Director
Michael Short, Vice Relations
DeForest Soaries, Independent Director
Timothy Yanoti, Executive Vice President Chief Growth Officer
Aaron Wade, Executive Officer
Otto Kumbar, Vice President
Andy Peach, Senior Leader
Albert Celini, Senior Vice President Chief Compliance Officer, Chief Risk Officer
Ronald Faris, CEO and President Director, Member of Executive Committee and Member of Compliance Committee
Richard Cooperstein, Vice President and CFO, Ocwen Mortgage Servicing, Inc.
Marcelo Cruz, Executive Vice President Chief Risk Officer
Michael Stanton, Senior Vice President General Counsel, Secretary
Kevin Stein, Independent Director
Timothy Hayes, Executive VP, General Counsel and Secretary
Sean ONeil, Executive CFO
Jenna Evans, Chief VP
Jenne Britell, Independent Director
Ronald Korn, Independent Director
Jacques Busquet, Independent Director
Francois Grunenwald, Senior Vice President Chief Accounting Officer
Stephen Swett, Investors Contact
William Lacy, Independent Director
Phyllis Caldwell, Independent Chairman of the Board
Catherine Dondzila, Chief Accounting Officer and Sr. VP
Glen Messina, President, Chief Executive Officer, Director
Joseph Samarias, Executive Vice President, General Counsel, Company Secretary
Scott Anderson, Executive Vice President and Chief Servicing Officer
Robert Lipstein, Independent Director
Barry Wish, Independent Chairman Emeritus
Arthur Walker, Senior Vice President - Global Tax

Ocwen Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ocwen Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Ocwen Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ocwen Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ocwen Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ocwen Financial Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocwen Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Ocwen Stock, please use our How to Invest in Ocwen Financial guide.
Note that the Ocwen Financial 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 the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Ocwen Stock analysis

When running Ocwen Financial's 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 the 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.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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
(0.75)
Earnings Share
(8.34)
Revenue Per Share
139.688
Quarterly Revenue Growth
0.107
Return On Assets
0.0328
The market value of Ocwen Financial 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 if Ocwen Financial is a good investment 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.