| Onity Group: Fundamentals Got Stronger As The Book Value Discount Narrows (Upgrade) |
Onity continues to trade at a discount to book value despite the recent rally in the stock price. Upgrading to a strong buy. Management anticipates consistent profitability and expects to realize a valuation allowance to boost net income and shareholder's equity. Given the recent M&A activities in the mortgage space, Onity's discounted price presents a bargain opportunity. |
seekingalpha.com |
2025-05-15 20:04:02 |
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| Onity Group to Present at Upcoming Investor Conferences |
WEST PALM BEACH, Fla., May 05, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that executive management will participate in two upcoming conferences in May 2025. |
globenewswire.com |
2025-05-05 20:15:00 |
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| Onity Group Inc. (ONIT) Q1 2025 Earnings Call Transcript |
Onity Group Inc. (NYSE:ONIT ) Q1 2025 Earnings Conference Call April 30, 2025 8:30 AM ET Company Participants Valerie Haertel - Vice President-Investor Relations Glen Messina - Chair, President & Chief Executive Officer Sean O'Neil - Chief Financial Officer Conference Call Participants Randy Binner - B. Riley Bose George - KBW Eric Hagen - BTIG Operator Good day everyone and welcome to the Onity Group's First Quarter Earnings and Business Updated Conference Call. |
seekingalpha.com |
2025-04-30 17:23:25 |
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| Onity (ONIT) Reports Q1 Earnings: What Key Metrics Have to Say |
Although the revenue and EPS for Onity (ONIT) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-04-30 14:36:23 |
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| Onity Group (ONIT) Surpasses Q1 Earnings Estimates |
Onity Group (ONIT) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $1.74 per share a year ago. |
zacks.com |
2025-04-30 12:55:36 |
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| Onity Group Announces First Quarter 2025 Results |
WEST PALM BEACH, Fla., April 30, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced its first quarter 2025 results and provided a business update. |
globenewswire.com |
2025-04-30 10:45:00 |
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| Onity Group Schedules Conference Call – First Quarter 2025 Results and Business Update |
WEST PALM BEACH, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Wednesday, April 30, 2025 at 8:30 a.m. (ET) to review the Company's first quarter 2025 operating results and provide a business update. |
globenewswire.com |
2025-04-23 10:45:00 |
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| PHH Mortgage Launches Proprietary Reverse Mortgage Product |
WEST PALM BEACH, Fla., April 22, 2025 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced that the Company has launched a proprietary reverse mortgage product known as EquityIQ®. The product will be available through the Company's wholesale network and marketed under PHH's reverse mortgage product brand, Liberty Reverse Mortgage. |
globenewswire.com |
2025-04-22 20:15:00 |
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| Onity Group: Bottoml Lne Performance Will Close The Book Value Discount |
Onity Group is trading at a 50% discount to its book value, primarily due to past financial issues, including a high debt-to-equity ratio. The company has shown nine consecutive quarters of profitability and impressive adjusted ROE, indicating improved financial health. Management is focused on deleveraging the balance sheet, pushing maturities, and reducing interest expenses, enhancing bottom-line performance through hedging and revenue diversification strategies. |
seekingalpha.com |
2025-04-10 02:56:34 |
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| Strength Seen in Onity (ONIT): Can Its 6.5% Jump Turn into More Strength? |
Onity (ONIT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. |
zacks.com |
2025-04-09 16:40:37 |
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| Onity (ONIT) Stock Jumps 12.2%: Will It Continue to Soar? |
Onity (ONIT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term. |
zacks.com |
2025-03-21 07:50:27 |
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| Onity Group to Present at Sidoti Virtual Investor Conference |
WEST PALM BEACH, Fla., March 13, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that Glen Messina, Chair, President and Chief Executive Officer, and Sean O'Neil, Executive Vice President and Chief Financial Officer, will present and host at the Sidoti March Virtual Investor Conference, taking place on March 19-20, 2025. |
globenewswire.com |
2025-03-13 08:45:00 |
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| PHH Mortgage Receives 2024 Fannie Mae Star Performer Award for Servicing Excellence |
WEST PALM BEACH, Fla., March 06, 2025 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae's 2024 Servicer Total Achievement and Rewards™ (STAR™) Performer recognition in the General Servicing category. |
globenewswire.com |
2025-03-06 08:45:00 |
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| Onity (ONIT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates |
While the top- and bottom-line numbers for Onity (ONIT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-02-13 12:36:31 |
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| Onity Group Inc. (ONIT) Q4 2024 Earnings Call Transcript |
Onity Group Inc. (NYSE:ONIT ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Valerie Haertel - Vice President, Investor Relations Glen Messina - Chairman, President & Chief Executive Officer Sean O'Neil - Chief Financial Officer Conference Call Participants Bose George – KBW Eric Hagen – BTIG Randy Binner - B. Riley Derek Sommers – Jefferies Operator Good day, everyone and welcome to this Onity Group's Fourth Quarter Earnings and Business Update Conference Call. |
seekingalpha.com |
2025-02-13 12:33:57 |
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| Onity Group (ONIT) Misses Q4 Earnings and Revenue Estimates |
Onity Group (ONIT) came out with quarterly earnings of $1.39 per share, missing the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $1.44 per share a year ago. |
zacks.com |
2025-02-13 11:01:14 |
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| Onity Group Announces Full-Year and Fourth Quarter 2024 Results |
WEST PALM BEACH, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced its full-year and fourth quarter 2024 results and provided a business update. |
globenewswire.com |
2025-02-13 08:45:00 |
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| Onity Group (ONIT) Earnings Expected to Grow: Should You Buy? |
Onity (ONIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-06 13:06:15 |
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| Onity Group Schedules Conference Call – Fourth Quarter and Full-Year 2024 Results |
WEST PALM BEACH, Fla., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Thursday, February 13, 2025 at 8:30 a.m. (ET) to review the Company's fourth quarter and full-year 2024 operating results. |
globenewswire.com |
2025-02-04 18:15:00 |
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| PHH Mortgage Enhances Proprietary Client Technology With AI Assistant |
AI assistant, known as LASI, now available to enhance the client experience in LoanSpan, PHH's client analytics and reporting platform AI assistant, known as LASI, now available to enhance the client experience in LoanSpan, PHH's client analytics and reporting platform |
globenewswire.com |
2025-02-03 18:15:00 |
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| Onity (ONIT) Moves 5.2% Higher: Will This Strength Last? |
Onity (ONIT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term. |
zacks.com |
2025-01-16 08:11:07 |
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| PHH Mortgage Partners with Blend to Revolutionize Home Lending Operations |
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced a partnership with PHH Mortgage, a subsidiary of Onity Group Inc. (NYSE: ONIT) and one of the largest servicers in the country, to bring a new level of efficiency and simplicity to PHH's home lending operations. By automating and eliminating many of the manual steps that delay approvals and timely closings, the implementation of Blend's Mortgage Suite is e. |
businesswire.com |
2024-12-12 18:05:00 |
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| Onity Group Names Valerie Haertel Vice President of Investor Relations |
WEST PALM BEACH, Fla., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that Valerie Haertel has joined the Company as Vice President, Investor Relations. Ms. Haertel will report to Sean O'Neil, Executive Vice President and Chief Financial Officer of Onity. |
globenewswire.com |
2024-12-05 18:15:00 |
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| Onity Group Announces Closing of MSR Asset Vehicle Sale to Oaktree |
WEST PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it has completed the previously announced transaction with funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to sell the Company's 15% interest in MSR Asset Vehicle LLC (“MAV”) to Oaktree for total cash proceeds of $49.5 million. |
globenewswire.com |
2024-12-03 18:15:00 |
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| Despite Fast-paced Momentum, Onity (ONIT) Is Still a Bargain Stock |
Onity (ONIT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices. |
zacks.com |
2024-11-14 11:50:24 |
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| Zacks Industry Outlook PennyMac Financial, Lending Tree and Onity Group |
PennyMac Financial, Lending Tree and Onity Group have been highlighted in this Screen of The Week article. |
zacks.com |
2024-11-14 05:55:16 |
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| 3 Stocks to Buy From Prospering Mortgage & Related Services Industry |
Declining mortgage rates and interest rate cuts paint a favorable picture for the Zacks Mortgage & Related Services industry. Industry players like PFSI, TREE and ONIT are poised to flourish. |
zacks.com |
2024-11-13 13:06:08 |
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| Onity Group Announces Closing of $500 Million of Senior Notes Due 2029 |
Enhances Capital Structure to Support Continued Growth and Profitability Enhances Capital Structure to Support Continued Growth and Profitability |
globenewswire.com |
2024-11-06 18:15:00 |
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| Onity Group Inc. (ONIT) Q3 2024 Earnings Call Transcript |
Onity Group Inc. (NYSE:ONIT ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Dico Akseraylian - Senior Vice President, Corporate Communications Glen Messina - Chairman, President & Chief Executive Officer Sean O'Neil - Chief Financial Officer Conference Call Participants Bose George - KBW Derek Sommers - Jefferies Eric Hagen - BTIG Matthew Howlett - B. Riley Operator Good day, everyone and welcome to this Onity Group's Third Quarter Earnings and Business Update Conference Call. |
seekingalpha.com |
2024-11-05 15:25:31 |
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| Onity Group (ONIT) Q3 Earnings and Revenues Top Estimates |
Onity Group (ONIT) came out with quarterly earnings of $4.33 per share, beating the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $1.24 per share a year ago. |
zacks.com |
2024-11-05 11:00:34 |
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| Onity Group Announces Third Quarter 2024 Results |
WEST PALM BEACH, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced its third quarter 2024 results and provided a business update. |
globenewswire.com |
2024-11-05 08:45:00 |
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| Onity Group Schedules Conference Call – Third Quarter 2024 Results and Business Update |
WEST PALM BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, November 5, 2024 at 8:30 a.m. (ET) to review the Company's third quarter 2024 operating results and provide a business update. |
globenewswire.com |
2024-10-29 18:15:00 |
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| Onity Group (ONIT) to Report Q3 Results: Wall Street Expects Earnings Growth |
Onity (ONIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-29 13:06:22 |
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| Onity Group Announces Pricing of $500 Million of Senior Notes Due 2029 |
WEST PALM BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC (“Escrow Issuer”), a wholly-owned special purpose subsidiary of PHH Corporation (“PHH”), priced the previously announced offering of $500 million aggregate principal amount of 9.875% Senior Notes due 2029 (the “Notes”). The price to investors will be 99.556% of the principal amount of the Notes. The issuance and sale of the Notes is expected to close on November 6, 2024, subject to customary closing conditions. |
globenewswire.com |
2024-10-23 20:15:00 |
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| Onity Group Announces Proposed Offering of $475 Million of Senior Notes Due 2029 |
WEST PALM BEACH, Fla., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity”), a leading non-bank mortgage servicer and originator, today announced that PHH Escrow Issuer LLC (“Escrow Issuer”), a wholly-owned special purpose subsidiary of PHH Corporation (“PHH”), plans to offer $475 million aggregate principal amount of Senior Notes due 2029 (the “Notes”), subject to market and other conditions. |
globenewswire.com |
2024-10-21 11:07:00 |
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| Onity (ONIT) Is Attractively Priced Despite Fast-paced Momentum |
Onity (ONIT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2024-10-07 13:51:29 |
Czytaj oryginał (ang.) |
| Onity (ONIT) Surges 19.7%: Is This an Indication of Further Gains? |
Onity (ONIT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. |
zacks.com |
2024-09-30 13:11:06 |
Czytaj oryginał (ang.) |
| Onity Group Announces Multiple Transactions to Accelerate Capital Restructuring |
WEST PALM BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced multiple transactions to accelerate its ongoing capital restructuring plans. |
globenewswire.com |
2024-09-30 10:45:00 |
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| Lower Mortgage Rates Driving Refinancing Activities: Three Stocks to Buy |
Investors can consider buying stocks like VEL, ONIT and PFSI with the decline in mortgage rates and an increase in refinancing activities. |
zacks.com |
2024-09-26 15:01:18 |
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| Onity (ONIT) Shows Fast-paced Momentum But Is Still a Bargain Stock |
Onity (ONIT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices. |
zacks.com |
2024-09-02 13:51:02 |
Czytaj oryginał (ang.) |
| Top Consumer Loan Stocks to Benefit from Rate Cuts |
With the federal funds' interest rate expected to be cut by at least 0.25% in September, investors may want to consider several consumer loan stocks that may benefit. |
zacks.com |
2024-08-27 13:14:10 |
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