B. Riley Weighs in on Onity Group’s Q3 Earnings (NYSE:ONIT)

Onity Group Inc. (NYSE:ONIT) – Equities researchers at B. Riley cut their Q3 2025 EPS estimates for Onity Group in a research report issued on Monday, August 11th. B. Riley analyst R. Binner now anticipates that the company will post earnings per share of $1.92 for the quarter, down from their previous forecast of $2.10. B. Riley has a “Buy” rating and a $55.00 price objective on the stock. The consensus estimate for Onity Group’s current full-year earnings is $10.51 per share. B. Riley also issued estimates for Onity Group’s FY2025 earnings at $9.00 EPS.

Several other analysts also recently issued reports on the stock. Keefe, Bruyette & Woods raised their price objective on shares of Onity Group from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Wall Street Zen raised shares of Onity Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Finally, BTIG Research reissued a “buy” rating on shares of Onity Group in a research note on Monday, May 5th.

Onity Group Stock Up 0.3%

Shares of NYSE ONIT opened at $41.51 on Wednesday. The company has a debt-to-equity ratio of 23.99, a current ratio of 37.90 and a quick ratio of 37.90. The company has a market cap of $334.55 million, a P/E ratio of 10.59 and a beta of 1.41. Onity Group has a 1 year low of $25.50 and a 1 year high of $41.92. The firm has a 50-day simple moving average of $38.05 and a two-hundred day simple moving average of $35.32.

Onity Group (NYSE:ONIT) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $1.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.08 by ($0.21). The firm had revenue of $246.60 million during the quarter, compared to the consensus estimate of $252.90 million. Onity Group had a return on equity of 18.99% and a net margin of 3.74%.

Institutional Trading of Onity Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Cullen Frost Bankers Inc. raised its stake in shares of Onity Group by 169.9% during the second quarter. Cullen Frost Bankers Inc. now owns 988 shares of the company’s stock valued at $38,000 after acquiring an additional 622 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Onity Group during the fourth quarter valued at approximately $84,000. Corebridge Financial Inc. bought a new stake in shares of Onity Group during the fourth quarter valued at approximately $98,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Onity Group during the fourth quarter valued at approximately $115,000. Finally, Wells Fargo & Company MN bought a new stake in shares of Onity Group during the fourth quarter valued at approximately $116,000. Institutional investors own 70.16% of the company’s stock.

About Onity Group

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.