ONIT
Onity Group Inc.ONIT
ONIT
About: Onity Group Inc is a non-bank mortgage servicer and originator providing solutions through its brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the servicers in the country, focused on delivering a variety of servicing and lending programs. Liberty is one of the nation's reverse mortgage lenders dedicated to education and providing loans that help customers meet their personal and financial needs.
Employees: 4,300
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
217% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 6
208% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 12
155% more call options, than puts
Call options by funds: $531K | Put options by funds: $208K
16% more funds holding
Funds holding: 75 [Q3] → 87 (+12) [Q4]
1.98% more ownership
Funds ownership: 50.67% [Q3] → 52.65% (+1.98%) [Q4]
0% more capital invested
Capital invested by funds: $127M [Q3] → $127M (+$197K) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for ONIT.
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
Onity Group: Bottoml Lne Performance Will Close The Book Value Discount
Onity Group is trading at a 50% discount to its book value, primarily due to past financial issues, including a high debt-to-equity ratio. The company has shown nine consecutive quarters of profitability and impressive adjusted ROE, indicating improved financial health. Management is focused on deleveraging the balance sheet, pushing maturities, and reducing interest expenses, enhancing bottom-line performance through hedging and revenue diversification strategies.
Positive
Zacks Investment Research
1 week ago
Strength Seen in Onity (ONIT): Can Its 6.5% Jump Turn into More Strength?
Onity (ONIT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Positive
Zacks Investment Research
1 month ago
Onity (ONIT) Stock Jumps 12.2%: Will It Continue to Soar?
Onity (ONIT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Neutral
GlobeNewsWire
1 month ago
Onity Group to Present at Sidoti Virtual Investor Conference
WEST PALM BEACH, Fla., March 13, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that Glen Messina, Chair, President and Chief Executive Officer, and Sean O'Neil, Executive Vice President and Chief Financial Officer, will present and host at the Sidoti March Virtual Investor Conference, taking place on March 19-20, 2025.
Neutral
GlobeNewsWire
1 month ago
PHH Mortgage Receives 2024 Fannie Mae Star Performer Award for Servicing Excellence
WEST PALM BEACH, Fla., March 06, 2025 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae's 2024 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition in the General Servicing category.
Neutral
Zacks Investment Research
2 months ago
Onity (ONIT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Onity (ONIT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Neutral
Seeking Alpha
2 months ago
Onity Group Inc. (ONIT) Q4 2024 Earnings Call Transcript
Onity Group Inc. (NYSE:ONIT ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Valerie Haertel - Vice President, Investor Relations Glen Messina - Chairman, President & Chief Executive Officer Sean O'Neil - Chief Financial Officer Conference Call Participants Bose George – KBW Eric Hagen – BTIG Randy Binner - B. Riley Derek Sommers – Jefferies Operator Good day, everyone and welcome to this Onity Group's Fourth Quarter Earnings and Business Update Conference Call.
Negative
Zacks Investment Research
2 months ago
Onity Group (ONIT) Misses Q4 Earnings and Revenue Estimates
Onity Group (ONIT) came out with quarterly earnings of $1.39 per share, missing the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $1.44 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Onity Group Announces Full-Year and Fourth Quarter 2024 Results
WEST PALM BEACH, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced its full-year and fourth quarter 2024 results and provided a business update.
Neutral
Zacks Investment Research
2 months ago
Onity Group (ONIT) Earnings Expected to Grow: Should You Buy?
Onity (ONIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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