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Ocwen Financial Corporation is a mortgage finance business based in the US. Ocwen Financial Corporation shares (OCN) are listed on the NYSE and all prices are listed in US Dollars. Ocwen Financial Corporation employs 5,200 staff and has a trailing 12-month revenue of around USD$991.5 million.
|Latest market close||USD$26.05|
|52-week range||USD$4.2165 - USD$29.5|
|50-day moving average||USD$24.4589|
|200-day moving average||USD$18.3302|
|Wall St. target price||USD$25|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.167|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-08)||-2.36%|
|1 month (2020-12-16)||-1.81%|
|3 months (2020-10-15)||-9.30%|
|6 months (2020-07-15)||3,913.87%|
|1 year (2020-01-15)||1,660.14%|
|2 years (2019-01-15)||1,256.77%|
|3 years (2018-01-12)||754.10%|
|5 years (2016-01-15)||341.53%|
Valuing Ocwen Financial Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ocwen Financial Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ocwen Financial Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 140x. In other words, Ocwen Financial Corporation shares trade at around 140x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Ocwen Financial Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$465.6 million.
The EBITDA is a measure of a Ocwen Financial Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$991.5 million|
|Operating margin TTM||45.11%|
|Gross profit TTM||USD$1 billion|
|Return on assets TTM||2.74%|
|Return on equity TTM||0.48%|
|Market capitalisation||USD$202.4 million|
TTM: trailing 12 months
There are currently 166,717 Ocwen Financial Corporation shares held short by investors – that's known as Ocwen Financial Corporation's "short interest". This figure is 27.4% up from 130,824 last month.
There are a few different ways that this level of interest in shorting Ocwen Financial Corporation shares can be evaluated.
Ocwen Financial Corporation's "short interest ratio" (SIR) is the quantity of Ocwen Financial Corporation shares currently shorted divided by the average quantity of Ocwen Financial Corporation shares traded daily (recently around 57687.543252595). Ocwen Financial Corporation's SIR currently stands at 2.89. In other words for every 100,000 Ocwen Financial Corporation shares traded daily on the market, roughly 2890 shares are currently held short.
However Ocwen Financial Corporation's short interest can also be evaluated against the total number of Ocwen Financial Corporation shares, or, against the total number of tradable Ocwen Financial Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Ocwen Financial Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Ocwen Financial Corporation shares in existence, roughly 20 shares are currently held short) or 0.0218% of the tradable shares (for every 100,000 tradable Ocwen Financial Corporation shares, roughly 22 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Ocwen Financial Corporation.
Find out more about how you can short Ocwen Financial Corporation stock.
We're not expecting Ocwen Financial Corporation to pay a dividend over the next 12 months.
Ocwen Financial Corporation's shares were split on a 1:15 basis on 14 August 2020. So if you had owned 15 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Ocwen Financial Corporation shares – just the quantity. However, indirectly, the new 1400% higher share price could have impacted the market appetite for Ocwen Financial Corporation shares which in turn could have impacted Ocwen Financial Corporation's share price.
Over the last 12 months, Ocwen Financial Corporation's shares have ranged in value from as little as $4.2165 up to $29.5. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Ocwen Financial Corporation's is 1.8326. This would suggest that Ocwen Financial Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Ocwen Financial Corporation, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through Servicing and Lending segments. It provides commercial mortgage loan servicing, special servicing, and asset management services, as well as residential mortgage loan servicing, such as conventional, government-insured, and non-agency loans to owners of mortgage loans and foreclosed real estate. The company also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels of reverse mortgage lending. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.
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