Contrasting Onity Group (ONIT) and Its Rivals

Onity Group (NYSE:ONIT) is one of 336 publicly-traded companies in the “Financial Services” industry, but how does it weigh in compared to its peers? We will compare Onity Group to related companies based on the strength of its institutional ownership, valuation, earnings, analyst recommendations, dividends, risk and profitability.

Analyst Ratings

This is a summary of current ratings and recommmendations for Onity Group and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Onity Group	1	0	2	1	2.75
Onity Group Competitors	1953	6944	11715	447	2.51

Onity Group presently has a consensus price target of $50.00, suggesting a potential upside of 83.37%. As a group, “Financial Services” companies have a potential downside of 4.96%. Given Onity Group’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Onity Group is more favorable than its peers.

Valuation & Earnings

This table compares Onity Group and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Onity Group	$1.07 billion	$189.50 million	1.97
Onity Group Competitors	$22.01 billion	$1.11 billion	10.06

Onity Group’s peers have higher revenue and earnings than Onity Group. Onity Group is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

70.2% of Onity Group shares are owned by institutional investors. Comparatively, 43.0% of shares of all “Financial Services” companies are owned by institutional investors. 10.5% of Onity Group shares are owned by company insiders. Comparatively, 21.7% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Onity Group and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Onity Group	11.12%	7.91%	0.34%
Onity Group Competitors	-315.15%	-42.19%	-6.56%

Risk & Volatility

Onity Group has a beta of 1.48, meaning that its share price is 48% more volatile than the S&P 500. Comparatively, Onity Group’s peers have a beta of 2.52, meaning that their average share price is 152% more volatile than the S&P 500.

Summary

Onity Group beats its peers on 7 of the 13 factors compared.

Onity Group Company Profile

Onity Group is a non-bank financial services company focused on residential mortgage servicing and lending. Its services include mortgage servicing and subservicing for investors and other institutions, as well as mortgage origination for borrowers. The company operates through brands including PHH Mortgage and Liberty Reverse Mortgage. PHH provides servicing and lending services, while Liberty focuses on reverse mortgage products. Onity Group was formerly known as Ocwen Financial Corporation and adopted its current name in 2024.