Onity Group (NYSE:ONIT) Upgraded to Sell at Wall Street Zen

Posted by Brian Himes on Oct 17th, 2026

Onity Group (NYSE:ONIT – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a report released on Saturday, Wall Street Zen reports.

Other research analysts have also recently issued research reports about the stock. Keefe, Bruyette & Woods decreased their price objective on shares of Onity Group from $58.00 to $55.00 and set an “outperform” rating for the company in a report on Wednesday, August 12th. BTIG Research lowered their price objective on shares of Onity Group from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Monday, October 12th. Finally, Weiss Ratings downgraded Onity Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, September 18th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $50.00.

View Our Latest Stock Report on ONIT

Onity Group Trading Down 4.1%

Shares of ONIT opened at $25.58 on Friday. Onity Group has a 52-week low of $25.08 and a 52-week high of $54.10. The company has a market cap of $213.59 million, a price-to-earnings ratio of 5.00 and a beta of 1.49. The company has a debt-to-equity ratio of 11.41, a quick ratio of 16.60 and a current ratio of 16.60. The stock has a fifty day moving average price of $32.69 and a two-hundred day moving average price of $36.84.

Onity Group (NYSE:ONIT – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported ($1.53) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.95 by ($2.48). Onity Group had a return on equity of 8.27% and a net margin of 12.34%. The company had revenue of $281.00 million for the quarter, compared to analyst estimates of $272.45 million.

Institutional Trading of Onity Group

Several large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its stake in Onity Group by 5.8% during the first quarter. Dimensional Fund Advisors LP now owns 464,448 shares of the company’s stock worth $18,238,000 after purchasing an additional 25,390 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Onity Group in the 2nd quarter valued at $1,062,000. First Trust Advisors LP grew its holdings in Onity Group by 6.4% in the first quarter. First Trust Advisors LP now owns 21,408 shares of the company’s stock worth $841,000 after purchasing an additional 1,280 shares during the period. Gratia Capital LLC bought a new position in shares of Onity Group in the 2nd quarter worth $835,000. Finally, Bank of America Corp DE grew its holdings in Onity Group by 120.4% during the first quarter. Bank of America Corp DE now owns 16,734 shares of the company’s stock worth $657,000 after buying an additional 9,142 shares in the last quarter. 70.16% of the stock is owned by institutional investors and hedge funds.

About Onity Group

(Get Free Report)

Onity Group Inc (NYSE: ONIT), formerly known as Ocwen Financial Corporation, is a financial services company focused primarily on residential mortgage servicing. Through its operating businesses, the company provides loan servicing and subservicing, including payment processing, borrower support, loss mitigation and other functions that help manage mortgage loans on behalf of loan owners and investors.

Onity also provides mortgage origination services through PHH Mortgage, serving borrowers who are purchasing or refinancing homes.