Ocwen Financial Corp (OCN)

neg -0.10
Today's Range: 7.90 - 8.23 | OCN Avg Daily Volume: 2,861,700
Last Update: 10/08/15 - 3:59 PM EDT
Volume: 4,612,735
YTD Performance: -47.02%
Open: $8.06
Previous Close: $8.00
52 Week Range: $5.66 - $26.50
Oustanding Shares: 125,380,118
Market Cap: 972,949,716
6-Month Chart
TheStreet Ratings Grade for OCN
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 1 1 1 2
Moderate Buy 0 0 0 0
Hold 4 4 3 3
Moderate Sell 1 1 1 0
Strong Sell 0 0 1 1
Mean Rec. 2.83 2.83 3.17 2.67
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: -1.64
Price Earnings Comparisons:
OCN Sector Avg. S&P 500
-1.64 0.00 24.86
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-21.72% -67.69% -78.23%
Revenue 3.60 3.26 0.61
Net Income -100.00 -7.00 0.00
EPS -100.00 -5.80 0.00
Earnings for OCN:
Revenue 2.11B
Average Earnings Estimates
Qtr (09/15) Qtr (12/15) FY (12/15) FY (12/16)
Average Estimate $-0.05 $-0.09 $0.28 $0.30
Number of Analysts 3 3 4 4
High Estimate $0.05 $0.08 $0.48 $0.80
Low Estimate $-0.16 $-0.20 $0.05 $-0.51
Prior Year $-0.58 $0.26 $0.52 $0.28
Growth Rate (Year over Year) 90.80% -133.33% -46.63% 8.11%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands

Doug Kass

 | Sep 29, 2015 | 1:50 PM EDT
I've received numerous e-mails over the last few weeks regarding whether to buy some entities in the Ocwen (OCN) complex, particularly Altisource Residential (RESI) and Altisource Asset Management Corp. (AAMC).

Doug Kass

 | Sep 15, 2015 | 8:21 AM EDT
Ocwen (OCN) filed an 8K last evening, and the bottom line is that losses will continue for some time, as the company can't cut expenses fast enough despite the sale of mortgage-servicing assets.

Roger Arnold

 | Aug 11, 2015 | 4:00 PM EDT

Fear of more intervention may be causing REITs and other housing-related stocks to sag.


Doug Kass

 | Aug 11, 2015 | 11:35 AM EDT
I've made two good investments and one fine trade in Altisource Residential Corp. (RESI) over the last few years, and I've repeatedly gotten e-mails from subscribers about whether I recommend "bottom fishing" on struggling RESI today.

Doug Kass

 | Aug 3, 2015 | 3:44 PM EDT
Contrary to consensus expectations, the bond market continues to rally. The iShares 20+ Year Treasury Bond ETF (TLT) is near the day's highs, while the 10-year Treasury's yield has dropped to about 2.15%. I'm tempted given the 10-year Tr

David Peltier

 | Jul 31, 2015 | 4:36 PM EDT

Hard day for energy shares, better for utilities.


Doug Kass

 | Jul 31, 2015 | 9:21 AM EDT
Mother Merrill/Brother Bank of America is downgrading mortgage company Ocwen Financial (OCN) to Underperform from Neutral this morning.

bearishOcwen Financial downgraded at Sterne Agee

Jul 31, 2015 | 8:15 AM EDT

OCN was downgraded from Buy to Neutral, Sterne Agee CRT said. $12 price target. Estimates also cut, given higher costs. 


Bret Jensen

 | Jul 29, 2015 | 1:16 PM EDT
Markets still are holding their gains as we come to midday. Interestingly, the biotech index is off today despite great results and a solid up day from Gilead Sciences (GILD), one of the four horsemen of biotech. Some infrastructure plays such as Mastec (MTZ) and Terex (TEX) are having nice days and are up 3% or so on the day.

Doug Kass

 | May 14, 2015 | 9:40 AM EDT
JPMorgan Chase (JPM) is to buy $45 billion in mortgage servicing rights from Ocwen (OCN) -- this should be earnings accretive.
If you want to make a point about the current action in the FANG stocks you completely und...
Thanks for vote of confidence, but I'm not the market. I just wanted to point out...while...

You are brilliant.

Dougie...you've been vocal lately of the lack of participation in these four names, but to...


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