Here's Why Ocwen Financial Corp Is Soaring Today [The Motley Fool]
Ocwen Financial Corporation NEW (OCN)
Last ocwen financial corporation new earnings: 5/2 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
shareholders.ocwen.com/investor-relations
Company Research
Source: The Motley Fool
The mortgage servicer's revenue declined, but surprised investors with a profit. Matthew Frankel ( TMFMathGuy ) May 2, 2018 at 4:00PM What happened Mortgage servicing company Ocwen Financial Corp. ( NYSE:OCN ) reported an unexpected first-quarter profit on Wednesday, sending shares higher. As of 3 p.m. EDT, the stock was up by nearly 10%, and had reached a new 52-week high during the day. Analysts had been expecting a loss of $0.30 per share, but the company reported $0.02 in earnings instead, which was enough to send shares rocketing higher, even though revenue missed estimates. Image source: Getty Images. So what Going past the headline numbers, Ocwen reported a pretty solid all-around quarter. Just to run down a few of the highlights: Loan delinquencies decreased from 9.3% at the end of 2017 to 9%. The pre-payment rate decreased
Show less
Read more
Impact Snapshot
Event Time:
OCN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OCN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OCN alerts
High impacting Ocwen Financial Corporation NEW news events
Weekly update
A roundup of the hottest topics
OCN
News
- Can Ocwen (OCN) Keep the Earnings Surprise Streak Alive? [Yahoo! Finance]Yahoo! Finance
- Ocwen Financial Co. (NYSE: OCN) had its price target lowered by analysts at Keefe, Bruyette & Woods from $30.00 to $28.00. They now have a "market perform" rating on the stock.MarketBeat
- Ocwen Financial plans to change name to Onity Group [Seeking Alpha]Seeking Alpha
- Ocwen Financial Announces Intention to Rebrand as Onity™ Group [Yahoo! Finance]Yahoo! Finance
- Ocwen Financial Announces Intention to Rebrand as Onity™ GroupGlobeNewswire
OCN
Earnings
- 11/7/23 - Miss
OCN
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEF
- 4/12/24 - Form PRE
- OCN's page on the SEC website