Ocwen Financial Stock Performance
| OCN Stock | USD 25.23 0.46 1.86% |
The company holds a Beta of 2.64, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ocwen Financial will likely underperform. Ocwen Financial has an expected return of -0.22%. Please make sure to check Ocwen Financial potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Ocwen Financial performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Ocwen Financial has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's fundamental indicators remain very healthy which may send shares a bit higher in May 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return (1.53) | Five Day Return 7.35 | Year To Date Return (22.62) | Ten Year Return (95.72) | All Time Return (73.34) |
Last Split Factor 1:15 | Dividend Date 2020-08-14 | Ex Dividend Date 1999-08-26 | Last Split Date 2020-08-14 |
1 | Ocwen Financial Corporation Q4 2023 Earnings Call Transcript | 02/28/2024 |
2 | Disposition of 3845 shares by Francois Grunenwald of Ocwen Financial subject to Rule 16b-3 | 03/01/2024 |
3 | Acquisition by Scott Anderson of 2285 shares of Ocwen Financial subject to Rule 16b-3 | 03/05/2024 |
4 | Acquisition by Francois Grunenwald of 1175 shares of Ocwen Financial at 26.1 subject to Rule 16b-3 | 03/06/2024 |
5 | Down -16.81 percent in 4 Weeks, Heres Why You Should You Buy the Dip in Ocwen | 03/15/2024 |
6 | Ocwen Financial Rating Reiterated by B. Riley - Defense World | 03/27/2024 |
7 | Disposition of 24510 shares by Glen Messina of Ocwen Financial subject to Rule 16b-3 | 03/28/2024 |
8 | Insider Trading | 04/01/2024 |
9 | Ocwen Financial to rebrand as Onity Group Inc. | 04/03/2024 |
10 | Publicly traded real estate loan servicer rebrands under new name | 04/04/2024 |
11 | Disposition of 1537 shares by Aaron Wade of Ocwen Financial subject to Rule 16b-3 | 04/05/2024 |
12 | Ocwen Financial Co. Short Interest Update - MarketBeat | 04/12/2024 |
13 | Ocwen Financial Names George Henley Executive Vice President and Chief Growth Officer - The Globe and Mail | 04/17/2024 |
14 | Can Ocwen Keep the Earnings Surprise Streak Alive | 04/22/2024 |
| Begin Period Cash Flow | 274.2 M |
Ocwen |
Ocwen Financial Relative Risk vs. Return Landscape
If you would invest 2,959 in Ocwen Financial on January 26, 2024 and sell it today you would lose (436.00) from holding Ocwen Financial or give up 14.73% of portfolio value over 90 days. Ocwen Financial is generating negative expected returns assuming volatility of 2.8533% on return distribution over 90 days investment horizon. In other words, 25% of stocks are less volatile than Ocwen, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Ocwen Financial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocwen Financial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ocwen Financial, and traders can use it to determine the average amount a Ocwen Financial's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0758
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| Negative Returns | OCN |
Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ocwen Financial is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ocwen Financial by adding Ocwen Financial to a well-diversified portfolio.
Ocwen Financial Fundamentals Growth
Ocwen Stock prices reflect investors' perceptions of the future prospects and financial health of Ocwen Financial, and Ocwen Financial fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ocwen Stock performance.
| Return On Equity | -0.15 | ||||
| Return On Asset | 0.0328 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.63 % | ||||
| Current Valuation | 11.4 B | ||||
| Shares Outstanding | 7.68 M | ||||
| Price To Earning | 2.92 X | ||||
| Price To Book | 0.45 X | ||||
| Price To Sales | 0.17 X | ||||
| Revenue | 1.04 B | ||||
| Gross Profit | 889 M | ||||
| EBITDA | 404.5 M | ||||
| Net Income | (63.7 M) | ||||
| Cash And Equivalents | 269.01 M | ||||
| Cash Per Share | 30.92 X | ||||
| Total Debt | 11.43 B | ||||
| Current Ratio | 1.33 X | ||||
| Book Value Per Share | 52.29 X | ||||
| Cash Flow From Operations | (61.3 M) | ||||
| Earnings Per Share | (8.34) X | ||||
| Market Capitalization | 190.34 M | ||||
| Total Asset | 12.51 B | ||||
| Retained Earnings | (151.6 M) | ||||
| Working Capital | 9.57 B | ||||
About Ocwen Financial Performance
To evaluate Ocwen Financial Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ocwen Financial generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ocwen Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ocwen Financial market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ocwen's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 96.25 | 101.06 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | (0.01) | (0) | |
| Return On Equity | (0.16) | (0.15) |
Things to note about Ocwen Financial performance evaluation
Checking the ongoing alerts about Ocwen Financial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ocwen Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ocwen Financial generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 1.04 B. Reported Net Loss for the year was (63.7 M) with profit before taxes, overhead, and interest of 889 M. | |
| Ocwen Financial has about 269.01 M in cash with (61.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 30.92, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: Can Ocwen Keep the Earnings Surprise Streak Alive |
- Analyzing Ocwen Financial's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ocwen Financial's stock is overvalued or undervalued compared to its peers.
- Examining Ocwen Financial's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ocwen Financial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ocwen Financial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ocwen Financial's stock. These opinions can provide insight into Ocwen Financial's potential for growth and whether the stock is currently undervalued or overvalued.
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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.
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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.