ONIT
Onity Group Inc.ONIT
ONIT
0
Funds holding %
of 6,780 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
102% more call options, than puts
Call options by funds: $620K | Put options by funds: $307K
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
34% more capital invested
Capital invested by funds: $94.5M [Q2] → $127M (+$32.5M) [Q3]
19% more funds holding
Funds holding: 63 [Q2] → 75 (+12) [Q3]
0.21% more ownership
Funds ownership: 50.47% [Q2] → 50.67% (+0.21%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$45
46%
upside
Avg. target
$45
46%
upside
High target
$45
46%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Bose George 71% 1-year accuracy 17 / 24 met price target | 46%upside $45 | Outperform Maintained | 12 Nov 2024 |
Financial journalist opinion
Based on 7 articles about ONIT published over the past 30 days
Positive
Zacks Investment Research
2 weeks ago
Despite Fast-paced Momentum, Onity (ONIT) Is Still a Bargain Stock
Onity (ONIT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Neutral
Zacks Investment Research
2 weeks ago
Zacks Industry Outlook PennyMac Financial, Lending Tree and Onity Group
PennyMac Financial, Lending Tree and Onity Group have been highlighted in this Screen of The Week article.
Positive
Zacks Investment Research
2 weeks ago
3 Stocks to Buy From Prospering Mortgage & Related Services Industry
Declining mortgage rates and interest rate cuts paint a favorable picture for the Zacks Mortgage & Related Services industry. Industry players like PFSI, TREE and ONIT are poised to flourish.
Neutral
GlobeNewsWire
3 weeks ago
Onity Group Announces Closing of $500 Million of Senior Notes Due 2029
Enhances Capital Structure to Support Continued Growth and Profitability Enhances Capital Structure to Support Continued Growth and Profitability
Neutral
Seeking Alpha
3 weeks ago
Onity Group Inc. (ONIT) Q3 2024 Earnings Call Transcript
Onity Group Inc. (NYSE:ONIT ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Dico Akseraylian - Senior Vice President, Corporate Communications Glen Messina - Chairman, President & Chief Executive Officer Sean O'Neil - Chief Financial Officer Conference Call Participants Bose George - KBW Derek Sommers - Jefferies Eric Hagen - BTIG Matthew Howlett - B. Riley Operator Good day, everyone and welcome to this Onity Group's Third Quarter Earnings and Business Update Conference Call.
Positive
Zacks Investment Research
4 weeks ago
Onity Group (ONIT) Q3 Earnings and Revenues Top Estimates
Onity Group (ONIT) came out with quarterly earnings of $4.33 per share, beating the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $1.24 per share a year ago.
Neutral
GlobeNewsWire
4 weeks ago
Onity Group Announces Third Quarter 2024 Results
WEST PALM BEACH, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its third quarter 2024 results and provided a business update.
Neutral
GlobeNewsWire
1 month ago
Onity Group Schedules Conference Call – Third Quarter 2024 Results and Business Update
WEST PALM BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, November 5, 2024 at 8:30 a.m. (ET) to review the Company's third quarter 2024 operating results and provide a business update.
Positive
Zacks Investment Research
1 month ago
Onity Group (ONIT) to Report Q3 Results: Wall Street Expects Earnings Growth
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.
Neutral
GlobeNewsWire
1 month ago
Onity Group Announces Pricing of $500 Million of Senior Notes Due 2029
WEST PALM BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC (“Escrow Issuer”), a wholly-owned special purpose subsidiary of PHH Corporation (“PHH”), priced the previously announced offering of $500 million aggregate principal amount of 9.875% Senior Notes due 2029 (the “Notes”). The price to investors will be 99.556% of the principal amount of the Notes. The issuance and sale of the Notes is expected to close on November 6, 2024, subject to customary closing conditions.
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