OCN RSI Chart
Last 7 days
-3.9%
Last 30 days
13.6%
Last 90 days
-8.9%
Trailing 12 Months
-7.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.0B | 0 | 0 | 0 |
2023 | 984.1M | 1.0B | 1.0B | 1.1B |
2022 | 1.1B | 1.0B | 997.5M | 954.0M |
2021 | 914.7M | 953.1M | 987.2M | 1.1B |
2020 | 1.1B | 1.0B | 991.5M | 960.9M |
2019 | 1.1B | 1.1B | 1.2B | 1.1B |
2018 | 1.1B | 1.1B | 1.0B | 1.1B |
2017 | 1.4B | 1.3B | 1.2B | 1.2B |
2016 | 1.6B | 1.5B | 1.4B | 1.4B |
2015 | 2.1B | 2.0B | 1.9B | 1.7B |
2014 | 2.2B | 2.2B | 2.2B | 2.1B |
2013 | 1.1B | 1.4B | 1.7B | 2.0B |
2012 | 549.4M | 655.0M | 765.2M | 845.2M |
2011 | 395.8M | 425.7M | 452.6M | 495.9M |
2010 | 375.6M | 370.6M | 365.5M | 360.4M |
2009 | 0 | 0 | 0 | 380.7M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 05, 2024 | wade aaron d | sold (taxes) | -44,321 | 25.59 | -1,732 | evp & chief investment officer |
Apr 05, 2024 | wade aaron d | acquired | - | - | 3,417 | evp & chief investment officer |
Apr 03, 2024 | grunenwald francois | back to issuer | - | - | -1,177 | chief accounting officer |
Apr 03, 2024 | samarias joseph j | sold (taxes) | -17,139 | 24.84 | -690 | evp & chief legal officer |
Apr 03, 2024 | zeleny dennis | sold (taxes) | -34,279 | 24.84 | -1,380 | evp & chief admin officer |
Apr 03, 2024 | wade aaron d | sold (taxes) | -22,057 | 24.84 | -888 | evp & chief investment officer |
Apr 03, 2024 | grunenwald francois | acquired | - | - | 1,177 | chief accounting officer |
Apr 03, 2024 | evans jenna d. | sold (taxes) | -11,029 | 24.84 | -444 | chief risk and compliance |
Apr 03, 2024 | messina glen a. | sold (taxes) | -269,067 | 24.84 | -10,832 | president and ceo |
Apr 03, 2024 | peach james andrew | acquired | - | - | 742 | evp & chief lending officer |
Which funds bought or sold OCN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | COMERICA BANK | new | - | 1,215 | 1,215 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -38.94 | -15,096 | 17,448 | -% |
May 15, 2024 | CITADEL ADVISORS LLC | reduced | -31.84 | -318,254 | 474,431 | -% |
May 15, 2024 | Squarepoint Ops LLC | reduced | -18.5 | -88,837 | 223,562 | -% |
May 15, 2024 | Tower Research Capital LLC (TRC) | added | 62.11 | 13,611 | 45,755 | -% |
May 15, 2024 | MARSHALL WACE, LLP | reduced | -13.21 | -66,480 | 212,974 | -% |
May 15, 2024 | TWO SIGMA INVESTMENTS, LP | sold off | -100 | -250,940 | - | -% |
May 15, 2024 | RBF Capital, LLC | unchanged | - | -545,119 | 3,926,310 | 0.22% |
May 15, 2024 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | added | 2.86 | -291,808 | 2,722,150 | 0.06% |
May 15, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -4.11 | -7,454 | 39,732 | -% |
Unveiling Ocwen Financial Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Ocwen Financial Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GS | 150.8B | 67.8B | 16.02 | 2.22 | ||||
ICE | 79.4B | 9.7B | 32.02 | 8.17 | ||||
CME | 76.5B | 5.7B | 23.72 | 13.5 | ||||
COIN | 50.4B | 4.0B | 37.36 | 12.69 | ||||
FDS | 17.1B | 2.2B | 34.96 | 7.94 | ||||
IBKR | 13.3B | 6.1B | 4.56 | 2.18 | ||||
MID-CAP | ||||||||
JEF | 10.0B | 8.2B | 34.64 | 1.22 | ||||
HLI | 8.6B | 1.8B | 33.1 | 4.66 | ||||
EVR | 7.7B | 2.5B | 29.71 | 3.12 | ||||
FRHC | 4.2B | 1.4B | 12.63 | 3.03 | ||||
CLSK | 3.7B | 283.6M | 57.45 | 12.87 | ||||
SMALL-CAP | ||||||||
DFIN | 1.9B | 802.0M | 18.98 | 2.36 | ||||
AMRK | 887.2M | 10.3B | 11.13 | 0.09 | ||||
COHN | 20.0M | 92.7M | 3.22 | 0.22 | ||||
AAMC | 6.9M | 3.2M | -0.21 | 2.19 |
Ocwen Financial Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -13.8% | 239,100,000 | 277,350,000 | 255,500,000 | 272,000,000 | 261,800,000 | 250,450,000 | 249,700,000 | 222,200,000 | 231,600,000 | 293,960,000 | 283,101,000 | 265,445,000 | 207,594,000 | 231,011,000 | 249,035,000 | 227,024,000 | 253,842,000 | 261,634,000 | 283,515,000 | 274,338,000 | 303,888,000 |
Costs and Expenses | 0.7% | 104,400,000 | 103,700,000 | 110,000,000 | 84,300,000 | 114,100,000 | 119,600,000 | 141,400,000 | 144,400,000 | 127,000,000 | 174,427,000 | 145,436,000 | 149,808,000 | 139,629,000 | 144,159,000 | 149,522,000 | 144,809,000 | 137,214,000 | 139,321,000 | 179,285,000 | 184,226,000 | 171,107,000 |
EBITDA Margin | 4.3% | 0.22 | 0.21 | 0.29 | 0.27 | 0.25 | 0.23 | 0.17 | 0.16 | 0.15 | 0.14 | 0.03 | 0.02 | - | - | - | - | - | - | - | - | - |
Interest Expenses | -2.0% | 67,400,000 | 68,750,000 | 74,300,000 | 68,300,000 | 62,300,000 | 59,850,000 | 50,400,000 | 37,900,000 | 37,900,000 | 41,409,000 | 40,623,000 | 33,516,000 | 28,452,000 | 25,843,000 | 26,815,000 | 26,760,000 | 29,982,000 | 29,493,000 | 29,506,000 | 28,641,000 | 26,489,000 |
Income Taxes | -5.6% | 1,700,000 | 1,800,000 | 1,000,000 | 900,000 | 1,900,000 | 850,000 | -4,000,000 | -900,000 | 3,200,000 | -2,292,000 | -11,289,000 | -11,915,000 | 3,096,000 | 6,414,000 | -1,954,000 | -8,110,000 | -61,856,000 | 2,370,000 | 4,450,000 | 5,404,000 | 3,410,000 |
Earnings Before Taxes | - | 31,800,000 | - | - | - | -38,300,000 | - | - | - | - | 13,939,000 | - | - | - | -809,000 | -11,374,000 | -6,156,000 | -87,345,000 | 37,243,000 | -38,317,000 | -84,333,000 | -41,084,000 |
EBT Margin | -2.2% | -0.06 | -0.05 | 0.02 | 0.02 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | -0.11 | -0.11 | - | - | - | - | - | - | - | - | - |
Net Income | 163.4% | 30,100,000 | -47,500,000 | 8,500,000 | 15,500,000 | -40,200,000 | -79,700,000 | 36,900,000 | 10,400,000 | 58,100,000 | -1,673,000 | 21,552,000 | -10,322,000 | 8,543,000 | -7,245,000 | -9,420,000 | 1,954,000 | -25,489,000 | 34,873,000 | -42,767,000 | -89,737,000 | -44,494,000 |
Net Income Margin | 110.6% | 0.01 | -0.06 | -0.09 | -0.07 | -0.07 | 0.03 | 0.10 | 0.09 | 0.06 | 0.02 | 0.01 | -0.02 | - | - | - | - | - | - | - | - | - |
Free Cashflow | -205.5% | -297,200,000 | 281,800,000 | 376,900,000 | -442,000,000 | -208,500,000 | -98,100,000 | -42,900,000 | 111,900,000 | 196,800,000 | -56,802,000 | -197,830,000 | -86,624,000 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 4.6% | 13,090 | 12,514 | 13,012 | 13,216 | 12,627 | 12,399 | 12,360 | 12,108 | 12,298 | 12,147 | 12,040 | 11,768 | 10,772 | 10,651 | 10,424 | 10,310 | 9,986 | 10,406 | 9,957 | 9,628 | 9,537 |
Cash Equivalents | 24.6% | 251 | 202 | 194 | 213 | 217 | 208 | 227 | 256 | 269 | 193 | 236 | 244 | 259 | 357 | 321 | 314 | 264 | 492 | 345 | 288 | 263 |
Net PPE | -9.9% | 12.00 | 13.00 | 16.00 | 17.00 | 19.00 | 20.00 | 19.00 | 19.00 | 21.00 | 14.00 | 15.00 | 16.00 | 14.00 | 17.00 | 24.00 | 30.00 | 37.00 | 38.00 | 44.00 | 58.00 | 69.00 |
Liabilities | 4.5% | 12,658 | 12,112 | 12,567 | 12,782 | 12,211 | 11,943 | 11,814 | 11,564 | 11,764 | 11,670 | 11,570 | 11,321 | 10,332 | 10,236 | 9,999 | 9,878 | 9,556 | 9,994 | 9,575 | 9,205 | 9,026 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 973 | 1,010 | 869 | 976 |
Shareholder's Equity | 7.5% | 432 | 402 | 445 | 434 | 416 | 457 | 546 | 544 | 534 | 477 | 470 | 447 | 440 | 415 | 424 | 433 | 430 | 412 | 381 | 423 | 512 |
Retained Earnings | 19.9% | -121 | -151 | -104 | -112 | -128 | -87.90 | -8.23 | -45.17 | -55.52 | -113 | -111 | -133 | -123 | -131 | -124 | -115 | -116 | -138 | -173 | -130 | -40.91 |
Additional Paid-In Capital | 0.0% | 555 | 555 | 552 | 549 | 547 | 547 | 556 | 591 | 592 | 593 | 592 | 590 | 573 | 556 | 556 | 554 | 553 | 558 | 556 | 556 | 555 |
Shares Outstanding | 1.3% | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 217 | - | - | - | 244 | - | - | - | 278 | - | - | - | 84.00 | - | - | - | 276 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -205.4% | -297,100 | 281,800 | 377,300 | -441,300 | -207,400 | -97,400 | -40,300 | 112,700 | 198,200 | -55,564 | -196,599 | -85,930 | -130,307 | 12,961 | 23,220 | 53,842 | 170,977 | -32,130 | 55,267 | 28,139 | 100,664 |
Share Based Compensation | -31.0% | 2,000 | 2,900 | 2,700 | 2,000 | 2,100 | 1,800 | 1,500 | 1,400 | -100 | 1,003 | 1,437 | 1,397 | 863 | 8.00 | 869 | 777 | 746 | 807 | 226 | 807 | 857 |
Cashflow From Investing | 93.7% | -3,600 | -56,700 | -21,100 | -2,600 | -19,900 | 71,500 | -83,300 | -91,600 | -45,700 | -159,719 | -122,885 | -669,664 | -52,832 | -199,784 | -84,731 | -96,058 | -147,327 | -190,157 | -109,492 | -136,446 | -151,343 |
Cashflow From Financing | 225.8% | 296,800 | -235,900 | -422,800 | 520,500 | 209,000 | 28,200 | 72,800 | -43,500 | -70,900 | 157,499 | 329,333 | 730,667 | 162,301 | 161,097 | 66,928 | 103,033 | -199,258 | 310,882 | 109,538 | 130,172 | -19,764 |
Buy Backs | - | - | - | - | - | - | 11,200 | 36,500 | 2,300 | - | - | - | - | - | -5.00 | - | - | 4,605 | - | - | - | - |
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenue | ||
Servicing and subservicing fees | $ 204.5 | $ 232.2 |
Gain on reverse loans held for investment and HMBS-related borrowings, net | 15.4 | 21.2 |
Gain on loans held for sale, net | 10.9 | 2.8 |
Other revenue, net | 8.3 | 5.6 |
Total revenue | 239.1 | 261.8 |
MSR valuation adjustments, net | (11.6) | (69.0) |
Operating expenses | ||
Compensation and benefits | 53.6 | 58.0 |
Servicing and origination | 15.0 | 15.7 |
Technology and communications | 12.7 | 13.4 |
Professional Fees (Income) | 12.0 | 13.3 |
Occupancy, equipment and mailing | 7.7 | 8.8 |
Other expenses | 3.4 | 4.9 |
Total operating expenses | 104.4 | 114.1 |
Other income (expense) | ||
Interest income | 17.5 | 14.1 |
Interest expense ($11.2 and $10.8 on amounts due to related parties) | (67.4) | (62.3) |
Pledged MSR liability expense ($15.3 and $14.2 on amounts due to related party) | (44.9) | (70.3) |
Earnings of equity method investee | 2.7 | 0.3 |
Gain on extinguishment of debt | 1.4 | 0.0 |
Other, net | (0.6) | 1.2 |
Other income (expense), net | (91.3) | (117.0) |
Income (loss) before income taxes | 31.8 | (38.3) |
Income tax expense | 1.7 | 1.9 |
Net income (loss) | $ 30.1 | $ (40.2) |
Earnings (loss) per share | ||
Basic (in USD per share) | $ 3.91 | $ (5.34) |
Diluted (in USD per share) | $ 3.74 | $ (5.34) |
Weighted average common shares outstanding | ||
Basic (in shares) | 7,711,534 | 7,533,561 |
Diluted (in shares) | 8,046,188 | 7,533,561 |
UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 185.1 | $ 201.6 |
Restricted cash ($33.8 and $24.2 related to variable interest entities (VIEs)) | 66.1 | 53.5 |
Mortgage servicing rights (MSRs), at fair value | 2,374.7 | 2,272.2 |
Advances, net ($506.5 and $573.0 related to VIEs) | 602.7 | 678.8 |
Loans held for sale ($1,025.7 and $674.2 carried at fair value) ($391.5 and $269.6 related to VIEs) | 1,028.9 | 677.3 |
Loans held for investment, at fair value ($5.5 and $5.6 related to VIEs) | 8,130.5 | 7,975.5 |
Receivables, net ($44.6 and $19.9 related to VIEs) | 152.1 | 154.8 |
Investment in equity method investee | 37.6 | 37.8 |
Premises and equipment, net | 11.8 | 13.1 |
Other assets | 500.6 | 449.2 |
Total assets | 13,090.1 | 12,513.7 |
Liabilities | ||
Home Equity Conversion Mortgage-Backed Securities (HMBS) related borrowings, at fair value | 7,945.0 | 7,797.3 |
Other financing liabilities, at fair value ($402.7 and $409.2 due to related party) ($5.5 and $5.6 related to VIEs) | 906.8 | 900.0 |
Advance match funded liabilities ($439.5 and $498.9 related to VIEs) | 440.2 | 499.7 |
Mortgage loan financing facilities, net ($315.7 and $143.4 related to VIEs) | 1,108.9 | 710.6 |
MSR financing facilities, net | 964.1 | 916.2 |
Senior notes, net ($242.4 and $239.7 due to related parties) | 552.0 | 595.8 |
Other liabilities ($7.2 and $7.2 carried at fair value) | 741.0 | 692.3 |
Total liabilities | 12,658.0 | 12,111.9 |
Commitments and Contingencies (Notes 20 and 21) | ||
Stockholders’ Equity | ||
Common stock, $.01 par value; 13,333,333 shares authorized; 7,784,253 and 7,684,401 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 0.1 | 0.1 |
Additional paid-in capital | 554.6 | 554.5 |
Accumulated deficit | (121.5) | (151.6) |
Accumulated other comprehensive loss, net of income taxes | (1.1) | (1.2) |
Total stockholders’ equity | 432.1 | 401.8 |
Total liabilities and stockholders’ equity | $ 13,090.1 | $ 12,513.7 |
 | Mr. Glen A. Messina |
---|---|
 | ocwen.com |
 | Mortgage Finance |
 | 4600 |