Ocwen Financial Corporation NEW found using ticker (OCN) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 50 and 35 calculating the mean target price we have 43. With the stocks previous close at 33.47 this would imply there is a potential upside of 28.5%. There is a 50 day moving average of 33.2 and the 200 moving average now moves to 28.59. The company has a market capitalisation of $253m. Find out more information at: https://www.ocwen.com
The potential market cap would be $325m based on the market concensus.
Ocwen Financial Corporation, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through Servicing and Originations segments. It provides commercial mortgage loan servicing, special servicing, and asset management services, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans to owners of mortgage loans and foreclosed real estate. The company also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. Ocwen Financial Corporation serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. The company was founded in 1988 and is headquartered in West Palm Beach, Florida.
