OCN - Ocwen Financial Corporation

NYSE - NYSE Delayed Price. Currency in USD
4.30
+0.03 (+0.70%)
At close: 4:03PM EDT
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Previous Close4.27
Open4.23
Bid3.55 x 3000
Ask4.73 x 800
Day's Range4.17 - 4.31
52 Week Range2.66 - 4.84
Volume739,760
Avg. Volume727,810
Market Cap575.822M
Beta0.04
PE Ratio (TTM)N/A
EPS (TTM)-0.59
Earnings DateOct 31, 2018 - Nov 5, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1999-08-26
1y Target Est4.50
Trade prices are not sourced from all markets
  • GlobeNewswire10 days ago

    Ocwen, New Jersey Citizen Action and the NAACP Working Together To New Jersey Homeowners Better Afford Their Homes

    Homeowners are invited to join NJCA, Ocwen, and the NJ NAACP for a complimentary dinner and an informative presentation on how NJCA's free HUD-certified Loan Counseling Program can help homeowners, who are having difficulty paying their mortgages, find the right mortgage solution. The event is exclusively for Ocwen customers and will include information regarding state and local resources that may assist borrowers with making their mortgages more affordable.

  • Financial Times11 days ago

    [$$] Correction: Bill Erbey

    Bill Erbey, founder and former chairman of Ocwen Financial, has claimed Ocwen was subject to a smear campaign led by Pimco and BlackRock. The allegation was not made by Ocwen itself, as wrongly stated ...

  • Financial Times13 days ago

    [$$] Pimco and BlackRock accused of subprime ‘profit gouging’

    and BlackRock have been accused of accelerating foreclosure action against struggling American subprime borrowers in the aftermath of the financial crisis. The allegation comes from Bill Erbey, founder of Ocwen Financial, the biggest subprime mortgage servicing company in the US, who is pursuing a legal action against the two asset management giants in the US Virgin Islands. In an action for unspecified damages filed earlier this year in St Croix, Erbey Holding Corporation and related entities claim a “covert criminal conspiracy” was perpetrated with the “specific intent and purpose of gouging enormous profits from the forced foreclosures and confiscation of the homes of hundreds of thousands of struggling families all across the United States”.

  • Thomson Reuters StreetEvents23 days ago

    Edited Transcript of OCN earnings conference call or presentation 26-Jul-18 12:30pm GMT

    Q2 2018 Ocwen Financial Corp Earnings Call

  • Associated Press23 days ago

    Ocwen: 2Q Earnings Snapshot

    On a per-share basis, the West Palm Beach, Florida-based company said it had a loss of 22 cents. The mortgage servicer posted revenue of $253.6 million in the period. The company's shares closed at $3.70. ...

  • GlobeNewswire23 days ago

    Ocwen Financial Announces Operating Results for Second Quarter 2018

    Reported a Q2 2018 net loss of$ million, a $15 million improvement over Q2 2017 Generated $97 million of Cash Flows from Operating Activities during the quarter Helped over 10,700 struggling families remain ...

  • GlobeNewswirelast month

    Ocwen Financial Corporation Schedules Conference Call - 2nd Quarter 2018 Results

    Ocwen Financial Corporation (OCN) will hold a conference call on Thursday, July 26, 2018 at 8:30 a.m. (ET) to review the Company’s 2nd Quarter 2018 operating results.  These events will follow Ocwen’s 2nd Quarter 2018 earnings release.  The release will also be available on the Ocwen Financial Corporation website at www.ocwen.com (through a link on the Shareholder Relations page). For more information on prior releases and SEC Filings, please refer to the "Shareholder Relations" section of our website at www.ocwen.com.

  • ACCESSWIRElast month

    Breakfast Technical Briefing on Ally Financial and Three Other Additional Mortgage Investment Stocks

    LONDON, UK / ACCESSWIRE / July 13, 2018 / If you want a free Stock Review on ALLY sign up now at www.wallstequities.com/registration. Companies in the Mortgage Investment industry focus primarily on investing in mortgaged-backed securities and other real estate activities. Many companies within this industry are organized as real estate investment trusts, which results in a high-average dividend yield for the sector.

  • CNBClast month

    US Commerce Secretary Wilbur Ross says he will sell all of his stocks after ethics office letter

    U.S. Commerce Secretary Wilbur Ross said in a statement Thursday evening that he would be selling all of his equity holdings and buying Treasury securities with the proceeds. "As a high level public official, you have an affirmative duty to protect the public trust and serve as a model of ethical behavior.

  • Wilbur Ross says he shorted two more stocks during his time as Commerce secretary
    CNBC2 months ago

    Wilbur Ross says he shorted two more stocks during his time as Commerce secretary

    Wilbur Ross revealed to CNBC that he shorted shares in two more companies, Air Lease and Ocwen Financial Corporation, than previously had been reported.

  • Is Ocwen Financial Corporation (NYSE:OCN) Undervalued?
    Simply Wall St.2 months ago

    Is Ocwen Financial Corporation (NYSE:OCN) Undervalued?

    Ocwen Financial Corporation (NYSE:OCN), operating in the financial services industry based in United States, saw significant share price volatility over the past couple of months on the NYSE, rising toRead More...

  • CNBC2 months ago

    Stocks making the biggest moves premarket: GE, LEN, FDS, HOG, VALE & more

    GE announced plans to spin off its health-care unit , selling 20 percent and distributing the rest to shareholders, and it will also exit its stake in Baker Hughes BHI over the next two to three years. Today is also the first time since 1907 that the Dow Jones Industrial Average will trade without GE as a member, with the stock replaced in the Dow by Walgreens Boots Alliance WBA .

  • GlobeNewswire2 months ago

    Ocwen Financial Corporation to Reduce Costs by Not Renewing Fitch Contract for Corporate Rating

    WEST PALM BEACH, Fla., June 25, 2018-- Ocwen Financial Corporation, a leading financial services holding company, today announced that as part of its ongoing efforts to reduce costs, Ocwen has determined ...

  • GlobeNewswire2 months ago

    Ocwen and NAACP To Host Philadelphia Borrower Outreach Event To Help Homeowners Better Afford Their Homes

    Ocwen Financial Corporation (OCN), a leading financial services holding company, will again join forces with the NAACP to host a borrower outreach event in Philadelphia, PA to help families having trouble making their mortgage payments. The event, which is part of Ocwen’s “Help & Hope for Homeowners” initiative with the NAACP, is designed exclusively for Ocwen customers and will be held from 9:00am – 3:00pm Eastern Time on Saturday, June 23, 2018, at Bright Hope Baptist Church, located at 12th Street & Cecil B. Moore Avenue in Philadelphia near Temple University. Homeowners who attend the event will meet one-on-one with Ocwen Home Retention Agents and U.S. Department of Housing and Urban Development-approved counseling agencies to discuss their unique situations and to receive information about potential options to lower their mortgage payments.

  • Moody's2 months ago

    Ocwen Loan Servicing, LLC -- Moody's rates Ocwen's senior secured bank credit facility B3

    Moody's Investors Service, ("Moody's") assigned a B3 rating to Ocwen Loan Servicing LLC's senior secured bank credit facility due 2024. Ocwen Financial Corporation's Caa1 corporate family rating, Caa2 senior secured rating, Caa2 senior unsecured rating and negative rating outlook are unchanged by the new transaction. Ocwen Loan Servicing LLC is a wholly-owned subsidiary of Ocwen Financial Corporation.

  • GlobeNewswire2 months ago

    New Research: Key Drivers of Growth for Opus Bank, NextEra Energy Partners, LP, AMN Healthcare Services, Texas Pacific Land Trust, Ocwen Financial, and Masimo — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, June 18, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Opus ...

  • GlobeNewswire2 months ago

    Ocwen Remains Committed to Helping New York Homeowners Better Afford Their Homes

    Ocwen Financial Corporation (OCN), a leading financial services holding company, will join Neighborhood Housing Services of New York City, Inc., Community Housing Innovations, and Neighborhood Housing Services of Brooklyn for three upcoming borrower outreach events in the New York metropolitan area to help families having trouble making their mortgage payments. The events are in response to the success of similar events held earlier in 2018, where Ocwen met with New York metropolitan area homeowners to help them find mortgage solutions to better afford their homes.

  • Ocwen Financial (OCN) Up 1.8% Since Earnings Report: Can It Continue?
    Zacks3 months ago

    Ocwen Financial (OCN) Up 1.8% Since Earnings Report: Can It Continue?

    Ocwen Financial (OCN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • GlobeNewswire3 months ago

    Ocwen Financial Corporation Announces Resignation of Michael Bourque as Chief Financial Officer

    Ocwen Financial Corporation (OCN) (“Ocwen” or the “Company”), a leading financial services holding company, today announced that Executive Vice President and Chief Financial Officer (“CFO”) Michael Bourque has made the decision to resign to accept a position with another financial services company. Mr. Bourque’s resignation is not due to any disagreement with Ocwen relating to the Company’s operations, policies, or practices.

  • ACCESSWIRE3 months ago

    Free Technical Insights on Santander Consumer USA and Three Other Mortgage Investment Stocks

    Stock Research Monitor: AI, ESNT, and OCN LONDON, UK / ACCESSWIRE / May 24, 2018/ If you want a free Stock Review on SC sign up now at www.wallstequities.com/registration . On Wednesday, benchmark US indices ...

  • Top Ranked Momentum Stocks to Buy for May 23rd
    Zacks3 months ago

    Top Ranked Momentum Stocks to Buy for May 23rd

    Top Ranked Momentum Stocks to Buy for May 23rd

  • Moody's3 months ago

    New Residential Mortgage Loan Trust 2018-2 -- Moody's assigns definitive ratings to New Residential Mortgage Loan Trust 2018-2

    Moody's Investors Service has assigned definitive ratings to 31 classes of notes issued by New Residential Mortgage Loan Trust 2018-2 ("NRMLT 2018-2"). The NRMLT 2018-2 transaction is a $426.0 million securitization of first lien, seasoned performing and re-performing mortgage loans with weighted average seasoning of 164 months, a weighted average updated LTV ratio of 57.4% and a weighted average updated FICO score of 692. Nationstar Mortgage LLC (Nationstar Mortgage), Ocwen Loan Servicing, LLC (Ocwen), Wells Fargo Bank, N.A. (Wells Fargo), PNC Mortgage, Specialized Loan Servicing LLC (SLS), New Penn Financial, LLC d/b/a Shellpoint Mortgage Servicing (Shellpoint), and Fay Servicing, LLC (Fay) will act as primary servicers.

  • The Simple Thing That Made Ocwen Shareholders Happy
    Motley Fool4 months ago

    The Simple Thing That Made Ocwen Shareholders Happy

    Find out the latest from the mortgage servicing specialist.

  • Thomson Reuters StreetEvents4 months ago

    Edited Transcript of OCN earnings conference call or presentation 2-May-18 12:30pm GMT

    Q1 2018 Ocwen Financial Corp Earnings Call

  • Ocwen (OCN) Stock Up 5.1% on Q1 Earnings Beat, Costs Down
    Zacks4 months ago

    Ocwen (OCN) Stock Up 5.1% on Q1 Earnings Beat, Costs Down

    Ocwen (OCN) Q1 results benefit from lower expenses. However, fall in revenues acts as a headwind.