
ONIT Stock Forecast & Price Target
ONIT Analyst Ratings
Bulls say
Onity Group Inc. is positioned for a positive outlook, backed by projected multiple expansion and significant book value growth, as indicated by the anticipated reversal of the DTA valuation allowance totaling $22 per share by year-end. The company's consumer direct segment demonstrated a robust sequential volume increase of 29%, rising to $384 million, while maintaining stable margins, which reflects its operational efficiency and demand. Additionally, a notable 34% quarter-over-quarter increase in funded volume to $9.4 billion underscores the company's strong performance and effective market penetration strategies.
Bears say
Onity Group Inc. has experienced a slight decline in its origination segment's pre-tax income, dropping to $9 million from $10 million, signaling potential weaknesses in its revenue generation. Additionally, the reverse mortgage volume continues to decrease, with a 6% quarter-over-quarter reduction, alongside declining margins from 392 basis points to 367 basis points, indicating pressure on profitability. Furthermore, the financial projections for fiscal years 2025 to 2027 reflect a downward revision, predicting lower returns on equity of 16.3%, 16.9%, and 17%, which could dampen investor confidence.
This aggregate rating is based on analysts' research of Onity Group Inc and is not a guaranteed prediction by Public.com or investment advice.
ONIT Analyst Forecast & Price Prediction
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