Onity Group (ONIT) Set to Announce Quarterly Earnings on Thursday
by Renee Jackson · The Cerbat GemOnity Group (NYSE:ONIT – Get Free Report) is expected to be posting its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $1.29 per share and revenue of $276.47 million for the quarter. Parties may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.
Onity Group (NYSE:ONIT – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($1.53) earnings per share for the quarter, missing the consensus estimate of $0.95 by ($2.48). Onity Group had a net margin of 12.34% and a return on equity of 8.27%. The company had revenue of $281.00 million during the quarter, compared to the consensus estimate of $272.45 million.
Onity Group Stock Down 1.2%
ONIT stock opened at $28.61 on Wednesday. Onity Group has a twelve month low of $24.86 and a twelve month high of $54.10. The company has a quick ratio of 16.60, a current ratio of 16.60 and a debt-to-equity ratio of 11.41. The company has a market cap of $238.94 million, a PE ratio of 5.44 and a beta of 1.48. The business’s 50-day simple moving average is $30.12 and its 200 day simple moving average is $37.76.
Wall Street Analysts Forecast Growth
ONIT has been the subject of a number of research reports. Wall Street Zen upgraded Onity Group from a “strong sell” rating to a “sell” rating in a research report on Monday. Keefe, Bruyette & Woods lowered their price objective on Onity Group from $58.00 to $55.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 12th. BTIG Research cut their target price on Onity Group from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Monday, October 12th. Finally, Weiss Ratings cut Onity Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Onity Group has an average rating of “Moderate Buy” and an average price target of $50.00.
Read Our Latest Report on Onity Group
About Onity Group
Onity Group Inc (NYSE: ONIT), formerly known as Ocwen Financial Corporation, is a financial services company focused on residential mortgage loan servicing and origination. The company works with mortgage investors, lenders, financial institutions and government-sponsored entities to manage home loans throughout their life cycle.
Through its servicing operations, Onity provides payment processing, borrower assistance, default management, foreclosure prevention and other administrative services for residential mortgages.
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