
ONIT Stock Forecast & Price Target
ONIT Analyst Ratings
Bulls say
Onity Group Inc demonstrates strong financial growth potential as indicated by a significant 34% quarter-over-quarter increase in funded volume, reaching $9.4 billion. Additionally, the consumer direct segment reported a 29% sequential volume increase to $384 million, with margins remaining stable at 321 basis points. The anticipated reversal of the deferred tax asset valuation allowance, valued at $22 per share, further supports a positive outlook for the stock, driven by both multiple expansion and book value growth.
Bears say
Onity Group Inc's financial performance has been hindered by a slight decline in adjusted pre-tax income from $10 million to $9 million in the origination segment, despite generating positive results for eight consecutive quarters. Additionally, the reverse mortgage segment has experienced a 6% quarter-over-quarter drop in volume, decreasing from $176 million to $166 million, alongside diminishing margins from 392 basis points to 367 basis points. Projections for fiscal years 2025, 2026, and 2027 depict a downward trend in estimated earnings, suggesting a potential decrease in pre-tax adjusted return on equity, which reflects ongoing challenges in both servicing and origination markets.
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
Start investing in ONIT
Order type
Buy in
Order amount
Est. shares
0 shares