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

Portfolio Update Real Money Pro($)

I start the day net short, at the highest level in several weeks.

OCN and ASPS Trade Details Real Money Pro($)

As I mentioned, I sold out the ASPS and OCN I purchased early Friday evening in premarket trading.

Ocwen's Lawsuit Response Real Money Pro($)

"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".

Trading OCN and ASPS Real Money Pro($)

I just took gains in shares I picked up late Friday.

My Assessment of ASPS, OCN Real Money Pro($)

I can't give them the benefit of the doubt.
The collapse in copper should be worrying traders.

Ocwen Comments Real Money Pro($)

Ocwen (OCN) comments on the California mortgage incident.

Altisource Conference Call Real Money Pro($)

My understanding was that Altisource Portfolio Solutions (ASPS) was considering a conference call with investors to update on the company's outlook in January.

Ocwen Rating, Positions Update Real Money Pro($)

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.

Putting out Two Fires Real Money Pro($)

Not a fun day for yours truly, though my positions are small.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.