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Ocwen Financial (OCN)

(Delayed Data from NYSE)

$24.33 USD

24.33
9,347

+0.10 (0.41%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $24.87 +0.54 (2.22%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 29% (180 out of 252)

Industry: Financial - Mortgage & Related Services

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Balance Sheet

Research for OCN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Ocwen Financial Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 255 274 263 357 492
Receivables 155 181 181 188 201
Notes Receivable 8,653 8,134 8,136 7,395 6,568
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 9,063 8,589 8,580 7,940 7,262
Net Property & Equipment 13 20 14 17 38
Investments & Advances 717 761 796 828 1,057
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 2,272 2,665 2,250 1,295 1,486
Deposits & Other Assets 449 364 507 571 563
Total Assets 12,514 12,399 12,147 10,651 10,406
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 0 0 0 0 0
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 500 514 512 581 679
Total Current Liabilities 500 514 512 581 679
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 9,293 9,064 8,305 8,730 8,373
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 2,319 2,365 2,853 924 942
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 12,112 11,943 11,670 10,236 9,994
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 1
Capital Surplus 555 547 593 556 557
Retained Earnings -152 -88 -114 -132 -139
Other Equity -1 -3 -2 -9 -8
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 402 457 477 415 412
Total Liabilities & Shareholder's Equity 12,514 12,399 12,147 10,651 10,406
Total Common Equity 402 457 477 415 412
Shares Outstanding 7.60 7.50 9.20 8.60 8.90
Book Value Per Share 52.87 60.89 51.81 48.30 46.29

Fiscal Year End for Ocwen Financial Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 255 266 333 256
Receivables NA 155 165 189 200
Notes Receivable NA 8,653 8,732 9,037 8,518
Inventories NA 0 0 0 0
Other Current Assets NA 0 0 0 0
Total Current Assets NA 9,063 9,162 9,558 8,975
Net Property & Equipment NA 13 16 17 19
Investments & Advances NA 717 604 637 694
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 2,272 2,860 2,676 2,581
Deposits & Other Assets NA 449 369 328 359
Total Assets NA 12,514 13,012 13,216 12,627
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 0 0 0 0
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 500 403 430 470
Total Current Liabilities NA 500 403 430 470
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 9,293 9,588 9,365 9,225
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 2,576 2,986 2,515
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 12,112 12,567 12,782 12,211
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 555 552 549 547
Retained Earnings NA -152 -104 -113 -128
Other Equity NA -1 -2 -2 -2
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 402 445 434 416
Total Liabilities & Shareholder's Equity NA 12,514 13,012 13,216 12,627
Total Common Equity 0 402 445 434 416
Shares Outstanding 7.60 7.60 7.60 7.60 7.60
Book Value Per Share 0.00 52.87 58.57 57.08 54.78