Ocwen Financial Corp. (OCN) Stock Forecast & Predictions

Ocwen Financial Corp. OCN: $22.7

1661 Worthington Rd Ste 100, West Palm Beach, Florida, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.ocwen.com/

  • Market Cap$0.22B
  • Change (52 Weeks)5438.84%
  • Low (52 Weeks)$0.353
  • Ocwen Financial Corp. (OCN) Stock Forecast By Analysts


    Strong Sell
    Analysts Recommendations for Ocwen Financial Corp. (OCN) is based on 8 Institutional Analyst Ratings where 0.00% are on Strong Buy, 0.00% on Moderate Buy, 37.50% remains on Hold, 12.50% are on Moderate Sell and 50.00% are on Strong Sell.

    Out of 8 Institutional Analysts, majority recommended OCN stock as Strong Sell. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Ocwen Financial Corp..

    Ocwen Financial Corp. (OCN) Stock Price Prediction By Analysts


    HighLowAverage
    $26.25$25.25$25.50
    $25.5012.33% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for OCN set by the institutional analysts is $25.50 where High Estimate is $26.25, Median $25.5 and Low $25.25.

    The average price target for OCN by Institutional Analysts is $25.50, which is 12.33% Upside from the current price. So according to the Institutional Analysts, OCN Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Ocwen Financial Corp. (OCN) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 385,350 investor portfolio.

    Our algorithm has analysed 385,350 investor portfolio with OCN stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about OCN and holding their positions hoping for a further rise in the stock price and more profit.

    Ocwen Financial Corp. (OCN) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    BTIG ResearchNeutralInitiated
    Compass PointBuyUpgraded
    Compass PointNeutralDowngraded
    CL KingNeutralDowngraded
    PiperJaffrayUnderweightDowngraded
    Compass PointBuyUpgraded
    Keefe Bruyette & WoodsMarket PerformMaintained
    CitigroupNeutralMaintained
    Compass PointNeutralUpgraded
    Stifel NicolausMarket PerformMaintained
    Sterne Agee CRTNeutralDowngraded
    Bank of AmericaUnderperformDowngraded
    CitigroupNeutralMaintained
    Sterne Agee CRTBuyUpgraded
    Keefe Bruyette & WoodsMarket PerformMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    Compass PointSellDowngraded
    Keefe Bruyette & WoodsMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    Keefe Bruyette & WoodsMarket PerformMaintained
    CitigroupNeutralMaintained
    Keefe Bruyette & WoodsMarket PerformMaintained
    Bank of AmericaNeutralMaintained
    Keefe Bruyette & WoodsMarket PerformMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Bank of AmericaNeutralDowngraded
    OppenheimerMarket PerformDowngraded
    Compass PointNeutralDowngraded
    Sterne AgeeNeutralDowngraded
    Keefe Bruyette & WoodsMarket PerformMaintained
    CitigroupNeutralDowngraded
    Compass PointBuyMaintained
    OppenheimerOutperformMaintained
    JefferiesBuyMaintained
    CitigroupBuyMaintained
    Bank of AmericaBuyMaintained
    Compass PointBuyMaintained
    CitigroupBuyInitiated
    Compass PointBuyUpgraded
    Bank of AmericaBuyMaintained
    Keefe Bruyette & WoodsMarket PerformDowngraded
    Wells FargoMarket PerformDowngraded
    OppenheimerOutperformInitiated
    Compass PointBuyMaintained
    JefferiesBuyInitiated
    Wells FargoOutperformInitiated
    Keefe Bruyette & WoodsOutperformUpgraded
    PiperJaffrayOverweightMaintained
    Compass PointBuyMaintained
    Keefe Bruyette & WoodsMarket PerformDowngraded
    Keefe Bruyette & WoodsOutperformMaintained
    Bank of AmericaBuyMaintained
    Bank of AmericaBuyMaintained
    Compass PointBuyInitiated
    Sterne AgeeBuyMaintained
    PiperJaffrayOverweightMaintained
    Sterne AgeeBuyMaintained
    Bank of AmericaBuyMaintained
    PiperJaffrayOverweightMaintained
    Sterne AgeeBuyMaintained
    PiperJaffrayOverweightMaintained

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-1.09$0.4042020-09-30
    $24.6$0.15152020-06-30
    $-0.9$-6.135752020-03-31
    $3.9$0.45452019-12-31
    $-4.8$-5.529752019-09-30
    $-10.05$-5.4540000000000012019-06-30
    $-4.95$-5.681252019-03-31
    $-7.65$-6.741752018-12-31
    $-4.65$-2.4242018-09-30
    $-3.3$-1.36350000000000022018-06-30
    $0.3$-4.166252018-03-31
    $-5.1$-3.711752017-12-31
    $-0.75$-1.51500000000000012017-09-30
    $-5.4$-2.802752017-06-30
    $-3.9$-2.7648752017-03-31
    $-1.2$-2.87850000000000032016-12-31
    $1.2$-4.8858752016-09-30
    $-8.25$-7.196252016-06-30
    $-5.85$-5.93016452016-03-31
    $-14.7$-4.41880052015-12-31
    $-7.95$-5.30252015-09-30
    $1.2$3.00469952015-06-30
    $1.5$1.96952015-03-31
    $-21.3$5.30252014-12-31
    $-8.7$8.98894952014-09-30
    $7.2$11.91168752014-06-30
    $8.1$15.1933292014-03-31
    $11.1$11.438252013-12-31
    $13.35$16.6652013-09-30
    $14.85$15.1878752013-06-30
    $9.3$11.12449352013-03-31
    $7.65$7.5752012-12-31
    $5.55$6.08166452012-09-30
    $4.95$4.9086000000000012012-06-30
    $3.75$4.69652012-03-31
    $4.2$4.469252011-12-31
    $4.65$2.4242011-09-30
    $3.75$3.86325000000000032011-06-30
    $3.15$3.78752011-03-31
    $1.35$2.348252010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).