Ocwen Financial Corp (OCN)

OCN (NYSE:Real Estate)
$6.12
pos +0.00
+0.00%
Today's Range: 5.75 - 6.25 | OCN Avg Daily Volume: 7,032,500
Last Update: 01/30/15 - 4:08 PM EST
Volume: 0
YTD Performance: -59.47%
Open: $0.00
Previous Close: $5.77
52 Week Range: $5.66 - $44.99
Oustanding Shares: 125,814,811
Market Cap: 725,951,459
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 1
Moderate Buy 0 0 0 0
Hold 6 6 6 6
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.71 2.71 2.71 2.71
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 4.37
Price Earnings Comparisons:
OCN Sector Avg. S&P 500
4.37 4.90 25.69
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-73.58% -86.51% -57.38%
GROWTH 12 Mo 3 Yr CAGR
Revenue 141.20 4.67 0.77
Net Income 62.60 7.75 1.05
EPS 54.10 4.47 0.75
Earnings for OCN:
EBITDA 0.75B
Revenue 2.04B
Average Earnings Estimates
Qtr (12/14) Qtr (03/15) FY (12/14) FY (12/15)
Average Estimate $0.42 $0.44 $0.85 $1.96
Number of Analysts 4 3 2 6
High Estimate $0.46 $0.54 $0.92 $2.58
Low Estimate $0.35 $0.36 $0.78 $1.15
Prior Year $0.94 $0.69 $3.16 $0.85
Growth Rate (Year over Year) -55.05% -35.75% -73.10% 130.78%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
By

Doug Kass

 | Jan 27, 2015 | 9:30 AM EST
I start the day net short, at the highest level in several weeks.
By

Doug Kass

 | Jan 26, 2015 | 10:30 AM EST
As I mentioned, I sold out the ASPS and OCN I purchased early Friday evening in premarket trading.
By

Doug Kass

 | Jan 26, 2015 | 9:06 AM EST
"The letter purports to describe certain contractual breaches that you contend could result in Events of Default under the Trust transaction documents. These are essentially the same baseless allegations that you have already asserted on behalf of some of these same investors in their failed attempt to block the transfer of servicing from OneWest to Ocwen. As you know, those claims were thoroughly reviewed by an independent expert firm retained by the Trustees, and after reviewing that expert report, the Trustees cleared the transfer to Ocwen. The allegations are as groundless now as they were then". "Ocwen does not, will not, and indeed may not accede to the special interests of your institutional investor clients, based on their particular tranche positions, to the detriment of the Trusts as a whole".
By

Doug Kass

 | Jan 26, 2015 | 8:30 AM EST
I just took gains in shares I picked up late Friday.
By

Doug Kass

 | Jan 20, 2015 | 9:15 AM EST
I can't give them the benefit of the doubt.
By

Bob Byrne

 | Jan 14, 2015 | 7:30 AM EST

The collapse in copper should be worrying traders.

By

Doug Kass

 | Jan 13, 2015 | 4:26 PM EST
Ocwen (OCN) comments on the California mortgage incident.
By

Doug Kass

 | Jan 13, 2015 | 11:18 AM EST
My understanding was that Altisource Portfolio Solutions (ASPS) was considering a conference call with investors to update on the company's outlook in January.
By

Doug Kass

 | Jan 13, 2015 | 10:51 AM EST
I am told that Keefe, Bruyette & Woods reiterates its $14 target on Ocwen (OCN), and Sterne Agee is defending Home Loan Servicing Solutions (HLSS) now.
By

Doug Kass

 | Jan 13, 2015 | 10:23 AM EST
Not a fun day for yours truly, though my positions are small.
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