Onity Group Inc.(ONIT)

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Onity Group to Present at Upcoming Investor Conferences
GlobeNewswire· 2025-05-06 04:15
WEST PALM BEACH, Fla., May 05, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that executive management will participate in two upcoming conferences in May 2025. Glen Messina, Chair, President and Chief Executive Officer, and Sean O’Neil, Executive Vice President and Chief Financial Officer, will meet with investors at the following conferences: BTIG 5th Annual Housing Ecosystem ConferenceDate: Wednesday, May 7, 2025For more information, please contact USCo ...
Onity Group Inc.(ONIT) - 2025 Q1 - Quarterly Report
2025-05-01 04:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: ____________________ to ____________________ Commission File No. 1-13219 Onity Group Inc. (Exact name of registrant as specified in its charter) Florida 65-0 ...
Onity (ONIT) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-04-30 22:36
Onity Group (ONIT) reported $249.8 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 4.5%. EPS of $2.84 for the same period compares to $1.74 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $259.96 million, representing a surprise of -3.91%. The company delivered an EPS surprise of +58.66%, with the consensus EPS estimate being $1.79.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...
Onity Group (ONIT) Surpasses Q1 Earnings Estimates
ZACKS· 2025-04-30 20:55
Onity Group (ONIT) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $1.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 58.66%. A quarter ago, it was expected that this mortgage servicer would post earnings of $2.34 per share when it actually produced earnings of $1.39, delivering a surprise of -40.60%.Over the last four quarters, the c ...
Onity Group Inc.(ONIT) - 2025 Q1 - Earnings Call Transcript
2025-04-30 20:30
Onity Group (ONIT) Q1 2025 Earnings Call April 30, 2025 08:30 AM ET Speaker0 Good day, everyone, and welcome to the Onity Group's First Quarter Earnings and Business Update Conference Call. At this time, all participants are in a listen only mode. Later, will have the opportunity to ask questions during the question and answer session. Please note this call is being recorded, and I will be standing by should you need any assistance. It is now my pleasure to turn the conference over to Valerie Hertel, Vice P ...
Onity Group Inc.(ONIT) - 2025 Q1 - Earnings Call Presentation
2025-04-30 19:15
First Quarter 2025 Business Update on our business and operations; the impact of our rebranding initiative; the amount of senior debt or common stock that we may repurchase under any repurchase programs, the timing of such repurchases, and the long-term impact, if any, of repurchases on the trading price of our securities or our financial condition; breach or failure of Onity's, our contractual counterparties', or our vendors' information technology or other security systems or privacy protections, includin ...
Onity Group Inc.(ONIT) - 2025 Q1 - Quarterly Results
2025-04-30 18:45
Exhibit 99.1 First Quarter 2025: 2025 Outlook: Onity Group Inc. ONITY GROUP ANNOUNCES FIRST QUARTER 2025 RESULTS West Palm Beach, FL – (April 30, 2025) – Onity Group Inc. (NYSE: ONIT) ("Onity" or the "Company") today announced its first quarter 2025 results and provided a business update. Additional First Quarter 2025 Operating and Business Highlights 1 * See "Note Regarding Non-GAAP Financial Measures" below "We are thrilled to report another strong quarter, with growth in revenue, adjusted pre-tax income, ...
Onity Group Announces First Quarter 2025 Results
GlobeNewswire· 2025-04-30 18:45
WEST PALM BEACH, Fla., April 30, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced its first quarter 2025 results and provided a business update. First Quarter 2025: Net income attributable to common stockholders of $21 million; diluted EPS of $2.50; ROE of 19%Adjusted pre-tax income* of $25 million, resulting in annualized adjusted ROE* of 22%Book value per share improved to $58 as of March 31, 2025, up $2.15 year-over-year$17 billion in total servicing addit ...
Onity Group Schedules Conference Call – First Quarter 2025 Results and Business Update
GlobeNewswire· 2025-04-23 18:45
WEST PALM BEACH, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Wednesday, April 30, 2025 at 8:30 a.m. (ET) to review the Company’s first quarter 2025 operating results and provide a business update. All interested parties are welcome to participate. You can access the conference call by dialing (800) 579-2543 or (785) 424-1789 approximately 10 minutes prior to the call; please reference the conference ...
PHH Mortgage Launches Proprietary Reverse Mortgage Product
GlobeNewswire· 2025-04-23 04:15
WEST PALM BEACH, Fla., April 22, 2025 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced that the Company has launched a proprietary reverse mortgage product known as EquityIQ®. The product will be available through the Company’s wholesale network and marketed under PHH’s reverse mortgage product brand, Liberty Reverse Mortgage. “For more than two decades, we've leveraged our revers ...