WEST PALM BEACH, Fla., June 04, 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 Fitch Ratings has upgraded its residential primary servicer ratings and indicated a Stable Rating Outlook. Fitch’s most recent ratings upgrades, which are generally considered Above Average, include: Prime product upgraded to ‘RPS2-’ from ‘RPS3+’Subprime product upgraded to ‘RPS2-’ from ‘RPS ...

I covered Onity Group (NYSE: ONIT ) on the 9th of April, last month. The stock was trading at $29.48, and now it's trading at $39 per share, a more than 30% increase in one month. My original thesis was that ONITI'm a self taught equity analyst, I run a consultation firm in South Africa where we help clients with estimating the value of construction projects, over the past 5 years I've been retail investing and learning more about how the stock market works, following the work of Ben Graham and Joel Greenbl ...

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 ...

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 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) Q1 2025 Earnings Call April 30, 2025 08:30 AM ET Company Participants Valerie Haertel - Vice President of Investor RelationsGlen Messina - CEO, President & Chair of the BoardSean O'Neil - Executive VP & CFORandy Binner - Managing DirectorBose George - Managing DirectorEric Hagen - Managing Director Operator 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 h ...

Onity Group (ONIT) Q1 2025 Earnings Call April 30, 2025 08:30 AM ET Company Participants Valerie Haertel - Vice President of Investor RelationsGlen Messina - CEO, President & Chair of the BoardSean O'Neil - Executive VP & CFORandy Binner - Managing DirectorBose George - Managing DirectorEric Hagen - Managing Director Operator 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 h ...

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 (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 ...

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 ...