Onity Group (ONIT) Set to Announce Quarterly Earnings on Thursday

Onity Group (NYSE:ONIT) is expected to be releasing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Onity Group to post earnings of $1.29 per share and revenue of $276.47 million for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Onity Group (NYSE:ONIT) last released its quarterly 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 return on equity of 8.27% and a net margin of 12.34%. The business had revenue of $281.00 million during the quarter, compared to the consensus estimate of $272.45 million.

Onity Group Trading Up 5.3%

Shares of ONIT stock opened at $28.98 on Tuesday. The company has a debt-to-equity ratio of 11.41, a current ratio of 16.60 and a quick ratio of 16.60. The company has a market cap of $242.02 million, a price-to-earnings ratio of 5.12 and a beta of 1.49. Onity Group has a 1 year low of $24.86 and a 1 year high of $54.10. The firm has a fifty day moving average price of $30.27 and a 200-day moving average price of $37.88.

Analysts Set New Price Targets

ONIT has been the topic of several analyst reports. Keefe, Bruyette & Woods lowered their target price 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. Weiss Ratings downgraded Onity Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, October 21st. Wall Street Zen raised Onity Group from a “strong sell” rating to a “sell” rating in a research report on Monday. Finally, BTIG Research lowered their price objective on Onity Group from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Monday, October 12th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.00.

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.