Contrasting Onity Group (ONIT) and Its Peers

Onity Group (NYSE:ONIT) is one of 334 publicly-traded companies in the “Financial Services” industry, but how does it contrast to its rivals? We will compare Onity Group to related companies based on the strength of its institutional ownership, profitability, analyst recommendations, earnings, valuation, dividends and risk.

Insider and Institutional Ownership

70.2% of Onity Group shares are held by institutional investors. Comparatively, 43.5% of shares of all “Financial Services” companies are held by institutional investors. 10.5% of Onity Group shares are held by company insiders. Comparatively, 21.9% of shares of all “Financial Services” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Onity Group and its rivals’ 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	-258.35%	-39.89%	-4.62%

Risk and Volatility

Onity Group has a beta of 1.48, indicating that its stock price is 48% more volatile than the S&P 500. Comparatively, Onity Group’s rivals have a beta of 2.55, indicating that their average stock price is 155% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations for Onity Group and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Onity Group	1	0	2	1	2.75
Onity Group Competitors	1938	6960	11713	448	2.51

Onity Group currently has a consensus price target of $50.00, indicating a potential upside of 79.68%. As a group, “Financial Services” companies have a potential downside of 5.28%. Given Onity Group’s stronger consensus rating and higher probable upside, equities analysts clearly believe Onity Group is more favorable than its rivals.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Onity Group	$1.07 billion	$189.50 million	2.01
Onity Group Competitors	$6.63 billion	$1.13 billion	10.48

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

Summary

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

About Onity Group

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.