Onity Group (ONIT) to Release Quarterly Earnings on Tuesday

Onity Group (NYSE:ONIT) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Tuesday, August 5th. Analysts expect Onity Group to post earnings of $2.21 per share and revenue of $252.90 million for the quarter.

Onity Group (NYSE:ONIT) last announced its earnings results on Wednesday, April 30th. The company reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.79 by $1.05. The business had revenue of $249.80 million during the quarter, compared to analysts’ expectations of $244.63 million. Onity Group had a net margin of 2.62% and a return on equity of 22.67%. On average, analysts expect Onity Group to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Onity Group Trading Down 1.4%

Shares of Onity Group stock opened at $37.20 on Friday. The stock has a market capitalization of $297.97 million, a P/E ratio of 13.05 and a beta of 1.41. The company has a quick ratio of 33.57, a current ratio of 33.57 and a debt-to-equity ratio of 25.88. The company has a 50-day simple moving average of $37.66 and a 200 day simple moving average of $35.02. Onity Group has a 12-month low of $24.26 and a 12-month high of $41.27.

Analysts Set New Price Targets

ONIT has been the topic of a number of research analyst reports. BTIG Research reissued a “buy” rating on shares of Onity Group in a report on Monday, May 5th. B. Riley lifted their price target on shares of Onity Group from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, June 20th. Keefe, Bruyette & Woods lifted their price target on shares of Onity Group from $45.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 7th. Finally, Wall Street Zen cut shares of Onity Group from a “buy” rating to a “hold” rating in a research report on Friday, July 18th.

Hedge Funds Weigh In On Onity Group

An institutional investor recently bought a new position in Onity Group stock. Jane Street Group LLC bought a new stake in Onity Group Inc. (NYSE:ONIT) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,924 shares of the company’s stock, valued at approximately $256,000. Jane Street Group LLC owned 0.10% of Onity Group as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 70.16% of the company’s stock.

Onity Group Company Profile

Onity Group Inc, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as loans.