Onity Group (NYSE:ONIT – Get Free Report) is one of 19 publicly-traded companies in the “FIN – MTG&REL SVS” industry, but how does it compare to its competitors? We will compare Onity Group to similar businesses based on the strength of its valuation, dividends, risk, analyst recommendations, earnings, profitability and institutional ownership.
Volatility & Risk
Onity Group has a beta of 1.65, indicating that its stock price is 65% more volatile than the S&P 500. Comparatively, Onity Group’s competitors have a beta of 1.33, indicating that their average stock price is 33% more volatile than the S&P 500.
Insider & Institutional Ownership
70.2% of Onity Group shares are owned by institutional investors. Comparatively, 52.2% of shares of all “FIN – MTG&REL SVS” companies are owned by institutional investors. 8.8% of Onity Group shares are owned by company insiders. Comparatively, 29.5% of shares of all “FIN – MTG&REL SVS” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Valuation and Earnings
Gross Revenue | Net Income | Price/Earnings Ratio | |
Onity Group | $976.00 million | $33.90 million | 13.44 |
Onity Group Competitors | $18.27 billion | $1.82 billion | -69.85 |
Onity Group’s competitors have higher revenue and earnings than Onity Group. Onity Group is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Profitability
This table compares Onity Group and its competitors’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Onity Group | 2.62% | 22.67% | 0.70% |
Onity Group Competitors | -5.93% | -85.16% | -0.75% |
Analyst Recommendations
This is a breakdown of recent ratings for Onity Group and its competitors, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Onity Group | 0 | 0 | 3 | 0 | 3.00 |
Onity Group Competitors | 153 | 679 | 985 | 15 | 2.47 |
Onity Group currently has a consensus price target of $48.33, indicating a potential upside of 26.15%. As a group, “FIN – MTG&REL SVS” companies have a potential upside of 17.63%. Given Onity Group’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Onity Group is more favorable than its competitors.
Summary
Onity Group beats its competitors on 9 of the 13 factors compared.
About Onity Group
Onity Group Inc., a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as loans. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. It serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. The company was formerly known as Ocwen Financial Corporation and changed its name to Onity Group Inc. in June 2024. Onity Group Inc. was founded in 1988 and is headquartered in West Palm Beach, Florida.
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