Ocwen Financial Corp
General ticker "OCN" information:
- Sector: Financials
- Industry: Financial Services
- Capitalization: $185.5M
Ocwen Financial Corp follows the US Stock Market performance with the rate: 5.6%.
Estimated limits based on current volatility of 1.9%: low 22.90$, high 23.80$
Factors to consider:
- Earnings for 3 months up through Q1 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term predictions were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 predicted range: [19.84$, 38.26$]
- 2024-12-30 to 2025-12-30 predicted range: [20.43$, 39.56$]
Financial Metrics affecting the OCN estimates:
- Positive: Non-GAAP EPS of 5.23 > 2.32
- Negative: negative Net Income
- Positive: 0.21 < Operating Cash Flow per share of 1.36
- Positive: Operating Income to Revenue ratio of 0.27 > 0.17
Short-term OCN quotes
Long-term OCN plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,076.47MM | $999.50MM | $1,042.00MM |
| Operating Expenses | $847.74MM | $729.70MM | $649.60MM |
| Operating Income | $228.74MM | $269.80MM | $392.40MM |
| Non-Operating Income | $-233.11MM | $-244.90MM | $-450.50MM |
| Interest Expense | $143.97MM | $186.00MM | $273.60MM |
| Income(Loss) | $-4.37MM | $24.90MM | $-58.10MM |
| Taxes | $-22.47MM | $-0.80MM | $5.60MM |
| Profit(Loss) | $18.10MM | $25.70MM | $-63.70MM |
| Stockholders Equity | $476.70MM | $456.70MM | $401.80MM |
| Assets | $12,147.10MM | $12,399.20MM | $12,513.70MM |
| Operating Cash Flow | $-468.40MM | $173.20MM | $10.40MM |
| Investing Cash Flow | $-1,005.10MM | $-149.10MM | $-100.30MM |
| Financing Cash Flow | $1,379.80MM | $-13.40MM | $70.80MM |
| Earnings Per Share* | $2.00 | $2.97 | $-8.34 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.