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Date | Price Target | Rating | Analyst |
---|---|---|---|
7/10/2024 | Mkt Perform → Outperform | Keefe Bruyette |
NEW YORK, Aug. 13, 2024 /PRNewswire/ -- Waterfall Asset Management, LLC ("Waterfall" or the "Firm"), a global alternative investment adviser with a focus on specialized asset oriented markets, announced today that it has entered into a letter of intent with Onity Group Inc. (NYSE:ONIT)("Onity"), a leading non-bank mortgage servicer and originator that Waterfall has long partnered with on reverse mortgage servicing, under which Onity will acquire reverse mortgage assets from Mortgage Assets Management, LLC ("MAM"), a subsidiary of investment funds managed by Waterfall. "This transaction is an exciting development for Waterfall, showcasing our commitment to growing our reverse mortgage initia
Net income of $11 million and diluted earnings per share of $1.33; annualized return on equity of 10%Adjusted pre-tax income of $32 million, driven by servicing segment28% annualized adjusted pre-tax return on equity$19 billion in total servicing additions ($12 billion in subservicing additions)Debt-to-equity ratio of 3.88 to 1Entered into a letter of intent in July for the acquisition of reverse mortgage assets from Waterfall Asset Management WEST PALM BEACH, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE:ONIT) ("Onity" or the "Company"), a leading non-bank mortgage servicer and originator, today announced its second quarter 2024 results and provided a business update. T
WEST PALM BEACH, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE:ONIT) ("Onity" or the "Company"), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, August 1, 2024 at 8:30 a.m. (ET) to review the Company's second quarter 2024 operating results and provide a business update. All interested parties are welcome to participate. You can access the conference call by dialing (800) 343-4849 or (203) 518-9843 approximately 10 minutes prior to the call; please reference the conference ID "Onity." Participants can also access the conference call through a live audio webcast available from the Shareholder Relations pa
Keefe, Bruyette & Woods upgrades Onity Group (NYSE:ONIT) from Market Perform to Outperform and raises the price target from $32 to $33.
Net income of $11 million and diluted earnings per share of $1.33; annualized return on equity of 10%Adjusted pre-tax income of $32 million, driven by servicing segment28% annualized adjusted pre-tax return on equity$19 billion in total servicing additions ($12 billion in subservicing additions)Debt-to-equity ratio of 3.88 to 1Entered into a letter of intent in July for the acquisition of reverse mortgage assets from Waterfall Asset Management WEST PALM BEACH, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE:ONIT) ("Onity" or the "Company"), a leading non-bank mortgage servicer and originator, today announced its second quarter 2024 results and provided a business update. T
WEST PALM BEACH, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE:ONIT) ("Onity" or the "Company"), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, August 1, 2024 at 8:30 a.m. (ET) to review the Company's second quarter 2024 operating results and provide a business update. All interested parties are welcome to participate. You can access the conference call by dialing (800) 343-4849 or (203) 518-9843 approximately 10 minutes prior to the call; please reference the conference ID "Onity." Participants can also access the conference call through a live audio webcast available from the Shareholder Relations pa
4 - ONITY GROUP INC. (0000873860) (Issuer)
4 - ONITY GROUP INC. (0000873860) (Issuer)
4 - ONITY GROUP INC. (0000873860) (Issuer)
10-Q - ONITY GROUP INC. (0000873860) (Filer)
8-K - ONITY GROUP INC. (0000873860) (Filer)
Keefe Bruyette upgraded Onity Group from Mkt Perform to Outperform