ONIT

Onity Group Inc.

30.73 USD
-0.16
0.52%
Updated Dec 3, 9:30 AM EST
1 day
-0.52%
5 days
-0.87%
1 month
1.99%
3 months
10.14%
6 months
21.41%
Year to date
-2.51%
1 year
12.94%
5 years
38.42%
10 years
-90.64%
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

positive
100%
neutral
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.
Despite Fast-paced Momentum, Onity (ONIT) Is Still a Bargain Stock
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.
Zacks Industry Outlook PennyMac Financial, Lending Tree and Onity Group
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.
3 Stocks to Buy From Prospering Mortgage & Related Services Industry
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
Onity Group Announces Closing of $500 Million of Senior Notes Due 2029
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.
Onity Group Inc. (ONIT) Q3 2024 Earnings Call Transcript
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.
Onity Group (ONIT) Q3 Earnings and Revenues Top Estimates
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.
Onity Group Announces Third Quarter 2024 Results
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.
Onity Group Schedules Conference Call – Third Quarter 2024 Results and 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.
Onity Group (ONIT) to Report Q3 Results: Wall Street Expects Earnings Growth
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.
Onity Group Announces Pricing of $500 Million of Senior Notes Due 2029
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