How to buy Ocwen Financial Corporation (OCN) shares | 03 March share price $29.33 | Finder NZ

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How to buy Ocwen Financial Corporation shares | $29.33

Own Ocwen Financial Corporation shares in just a few minutes.

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How to buy shares in Ocwen Financial Corporation from New Zealand

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Ocwen Financial Corporation Find the stock by name or ticker symbol: OCN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Ocwen Financial Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Ocwen Financial Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Ocwen Financial Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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Ocwen Financial Corporation share price

Use our graph to track the performance of OCN stocks over time.

Ocwen Financial Corporation shares at a glance

Information last updated 2021-03-03.
OpenUSD$28.55
HighUSD$29.889
LowUSD$28.87
CloseUSD$29.33
Previous closeUSD$28.5
Change USD$0.83
Change % 2.9123%
Volume 79,747
Information last updated 2021-03-03.
52-week rangeUSD$4.2165 - USD$31.31
50-day moving average USD$27.283
200-day moving average USD$24.6856
Wall St. target priceUSD$25
PE ratio 175.7485
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.167

Ocwen Financial Corporation price performance over time

Historical closes compared with the last close of $29.33

1 week (2021-02-21) N/A
1 month (2021-01-31) N/A
3 months (2020-11-30) N/A
6 months (2020-08-31) N/A
1 year (2020-02-29) N/A
2 years (2019-02-28) N/A
3 years (2018-02-28) N/A
5 years (2016-02-29) N/A

Is Ocwen Financial Corporation under- or over-valued?

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 P/E ratio

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 176x. In other words, Ocwen Financial Corporation shares trade at around 176x 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

Ocwen Financial Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$439.9 million.

The EBITDA is a measure of a Ocwen Financial Corporation's overall financial performance and is widely used to measure a its profitability.

Shorting Ocwen Financial Corporation shares

There are currently 142,406 Ocwen Financial Corporation shares held short by investors – that's known as Ocwen Financial Corporation's "short interest". This figure is 24.6% down from 188,757 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)

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 62733.920704846). Ocwen Financial Corporation's SIR currently stands at 2.27. In other words for every 100,000 Ocwen Financial Corporation shares traded daily on the market, roughly 2270 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 0.0186% of the tradable shares (for every 100,000 tradable Ocwen Financial Corporation shares, roughly 19 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.

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