Contrasting Onity Group (ONIT) and Its Competitors

Onity Group (NYSE:ONIT) is one of 19 publicly-traded companies in the “FIN – MTG&REL SVS” industry, but how does it compare to its competitors? We will compare Onity Group to related businesses based on the strength of its earnings, profitability, analyst recommendations, institutional ownership, dividends, valuation and risk.

Institutional & Insider Ownership

70.2% of Onity Group shares are held by institutional investors. Comparatively, 52.2% of shares of all “FIN – MTG&REL SVS” companies are held by institutional investors. 8.8% of Onity Group shares are held by insiders. Comparatively, 29.5% of shares of all “FIN – MTG&REL SVS” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Volatility & Risk

Onity Group has a beta of 1.66, meaning that its share price is 66% more volatile than the S&P 500. Comparatively, Onity Group’s competitors have a beta of 1.35, meaning that their average share price is 35% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings for Onity Group and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Onity Group	0	0	3	0	3.00
Onity Group Competitors	152	677	983	15	2.47

Onity Group currently has a consensus target price of $48.33, indicating a potential upside of 28.53%. As a group, “FIN – MTG&REL SVS” companies have a potential upside of 25.34%. Given Onity Group’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Onity Group is more favorable than its competitors.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Onity Group	$976.00 million	$33.90 million	13.19
Onity Group Competitors	$18.27 billion	$1.82 billion	-69.90

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

Profitability

This table compares Onity Group and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Onity Group	2.62%	22.67%	0.70%
Onity Group Competitors	-4.16%	-79.30%	-0.70%

Summary

Onity Group beats its competitors on 9 of the 13 factors compared.

About Onity Group

Onity Group Inc., a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as loans. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. It serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. The company was formerly known as Ocwen Financial Corporation and changed its name to Onity Group Inc. in June 2024. Onity Group Inc. was founded in 1988 and is headquartered in West Palm Beach, Florida.