Ocwen Financial Corp: (NYSE: OCN)
$44.96
-0.16 (-0.36%)
Volume 589,860
Jun 19 01:16 PM ET
Zacks Rank: 3-Hold 
| #3 |
Overview Quote
Stock Activity
| Day Low - High | 44.56 - 45.34 |
| 52wk Low - High | 17.36 - 47.25 |
| Previous Close | 45.12 |
| Avg. Volume | 2,639,667 |
| Industry | FIN-MTG&REL SVS |
| Market Cap | 6.12 B |
| Div - Yield | 0.00 - 0.00 |
| Beta | 0.57 |
| P/E (F1) | 10.86 |
| Current Year Est. | 4.15 |
| Quarterly Earnings ESP |
NA |
Premium research
Zacks Rank
|
3 |
Zacks Recommendation
|
Neutral |
Zacks Industry Rank
|
82 out of 265 |
Equity Research Report
|
PREMIUM |
( = Change in last 30 days)
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Key Earnings Data
| P/E (F1) | 10.86 |
| PEG Ratio | 0.58 |
| Current Year Est. | 4.15 |
| Current Quarter Estimate | 0.96 |
| Most Accurate Estimate | NA |
| Earnings ESP |
NA |
| Next Earnings Report Date | 08-08-2013 |
| EPS Last Year | 1.91 |
| Expected Earnings Growth | 18.67% |
Company Description
Ocwen Financial Corporation is a financial services holding company engaged in asset acquisition and resolution, residential finance, commercial finance, investment management and hotel operations. The Company primarily specializes in the aquisition and resolution of non-performing or underperforming loans.
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Earnings Estimates
| Current Qtr (06/2013) |
Next Qtr (09/2013) |
Current Year (12/2013) |
Next Year (12/2014) |
|
|---|---|---|---|---|
| Average Estimate | 0.96 | 1.30 | 4.15 | 5.22 |
| Number of Estimates | 3 | 3 | 3 | 3 |
| Low Estimate | 0.83 | 1.16 | 4.11 | 5.02 |
| High Estimate | 1.10 | 1.47 | 4.20 | NA |
| Year Ago EPS | 0.32 | 0.37 | 1.42 | 4.15 |
| EPS Growth | 198.96% | 252.25% | 192.49% | 25.60% |
Industry Analysis
| Name | Symbol | Previous Close | Zacks Rank | Zacks Recommendation |
|---|---|---|---|---|
| OCWEN FINL CORP | OCN | 45.12 | |
|
| ELLINGTON FINL | EFC | 23.73 | |
|
| NATIONSTAR MTGE | NSM | 43.12 | |
|
| ORCHID ISLAND | ORC | 12.08 | |
|
| FANNIE MAE | FNMA | 1.90 | |
|
| FREDDIE MAC | FMCC | 1.75 | |
|
| HOME LOAN SERVC | HLSS | 24.37 | |
|
| PENNYMAC FIN SV | PFSI | 21.85 | |
|
| PSM HOLDINGS | PSMH | 0.32 | |
|
| WALKER & DUNLOP | WD | 18.05 | |
|
Sector:Finance>> Industry:FIN-MTG&REL SVS
COMPARE TICKER vs. Its Peers
Zacks Commentary
Ocwen to Buy MSRs Worth $78 Billion
Jun 14, 2013
Ocwen Crafts New 52-Week High
Jun 12, 2013
Neutral Stance on Ocwen
Jun 07, 2013
Ocwen Soars to a New 52-Week High
May 13, 2013
Ocwen Reports Record Earnings
May 03, 2013
Ocwen Makes Another Acquisition
Apr 04, 2013
Ocwen to Buy Ally Bank's MSRs
Mar 13, 2013
Ocwen Misses on Bottom Line
Mar 01, 2013
Financials
| EPS TTM | 1.91 |
| Sales | 845 |
| Net Income | 207 |
| Price/Earnings | 23.62 |
| Price/Book | 3.71 |
| Price/Cash Flow | 21.64 |
| Price/Sales | 5.63 |
News
Possible Bullish Inside Day Candle Pattern Detected for Ocwen Financial (NYSE:OCN) - Financial News Network Online - News Corner
Jun 19, 2013
Stock Investors Bid Up Shares of Ocwen Financial, Up 1.4% - Financial News Network Online - Market Movers
Jun 18, 2013
OneWest Bank to lay off 725 workers in Austin - Mcclatchy-Tribune Information Services -- Unrestricted
Jun 17, 2013
Demand Peak Profit Margin When Evaluating A Stock - Investors Business Daily
Jun 14, 2013
Futures Busy Trimming Losses; Smith & Wesson Lifts Q4 View - Investors Business Daily
Jun 14, 2013
Futures Busy Trimming Losses; Smith & Wesson Upgrades Q4 View - Investors Business Daily
Jun 14, 2013
Ocwen gets price target hike - Investors Business Daily
Jun 14, 2013
Ocwen to Service $78B Worth of ex-IndyMac Mortgages (Update 1) - TheStreet.com
Jun 14, 2013
Broker Recommendations
| Current ABR | 1.17 |
| ABR (Last Week) | 1.17 |
| # of recs in ABR | 6 |
| Average Target Price | 45.67 |
| Industry Rank by ABR | 82 out of 265 |
| Rank in Industry | 4 out of 12 |
