Onity Group Stock Today

ONIT Stock   36.12  0.19  0.53%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 65

 
High
 
Low
Quite High
Onity is selling for under 36.12 as of the 1st of February 2025; that is 0.53% up since the beginning of the trading day. The stock's last reported lowest price was 35.13. Onity has more than 65 % chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days.Onity symbol was changed from OCN on 10th of June 2024. The performance scores are derived for the period starting the 2nd of January 2025 and ending today, the 1st of February 2025. Click here to learn more.
Business Domain
Financial Services
IPO Date
25th of September 1996
Classification
Financials
Onity is entity of United States. It is traded as Stock on NYSE exchange. The company has 7.85 M outstanding shares of which 34.95 K shares are now shorted by private and institutional investors with about 1.88 trading days to cover. More on Onity Group

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Onity Stock Highlights

Older SymbolOCN
President CEOGlen Messina
Business ConcentrationCommercial & Residential Mortgage Finance, Financial Services, Financials, Financial Services, Mortgage Finance, Financial Services (View all Sectors)
Average Analyst Recommendation
Onity can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Onity's financial leverage. It provides some insight into what part of Onity's total assets is financed by creditors.
Liquidity
Onity Group currently holds 10.93 B in liabilities. Note, when we think about Onity's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

230.81 Million
Onity Group (ONIT) 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 4,300 people. Onity Group was previously known as OCN Old and was traded on NASDAQ Exchange under the symbol OCN. Onity is listed under Commercial & Residential Mortgage Finance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 232.14 M. Onity Group conducts business under Financial Services sector and is part of Financials industry. The entity has 7.85 M outstanding shares of which 34.95 K shares are now shorted by private and institutional investors with about 1.88 trading days to cover. Onity generates positive cash flow from operations, but has no cash available
Check Onity Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Onity Group is USD232.14 Million. Over half of Onity's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Onity Ownership Details

Onity Historical Income Statement

At this time, Onity's Reconciled Depreciation is comparatively stable compared to the past year. View More Fundamentals

Onity Stock Against Markets

Onity Corporate Management

Jenna EvansChief VPProfile
Joseph JDChief OfficerProfile
Aaron WadeExecutive OfficerProfile
Dennis ZelenyExecutive OfficerProfile
Joseph SamariasChief OfficerProfile

Additional Tools for Onity Stock Analysis

When running Onity's price analysis, check to measure Onity'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 Onity is operating at the current time. Most of Onity's value examination focuses on studying past and present price action to predict the probability of Onity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onity's price. Additionally, you may evaluate how the addition of Onity to your portfolios can decrease your overall portfolio volatility.