Onity Group Inc.
Company & revenue
About Onity Group Inc.
Financial breakdown: year ended 2025-12-31
Who they are
Onity Group Inc. operates as a financial services firm focused on the creation and administration of both conventional (forward) and reverse mortgage loans. Its business activities extend across the United States, the U. S.
Brands & revenue mix
The company's primary operating subsidiary for mortgage servicing and origination solutions.
Separate brand revenue is not available in this research.Source
Brand dedicated to reverse mortgage solutions for homeowners.
Separate brand revenue is not available in this research.Source
The primary corporate brand following the 2024 rebranding from Ocwen Financial Corporation.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
Reported percentage. Percentages use consolidated company revenue unless a different denominator is stated.
Disclosed major customersPREMIUM
- Rithm Capital Corp.Source
Customer concentrationPREMIUM
As of December 31, 2025, Rithm Capital was the company's largest subservicing client, accounting for $32.2 billion of Unpaid Principal Balance (UPB), or 10% of the total UPB serviced by Onity.
Business relationships & partnershipsPREMIUM
- Rithm Capital Corp. — Onity serves as a subservicer for Rithm Capital, which is its largest subservicing client.Source
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
55
Fair
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
44
Weak
Financial Strength
36
Business Quality / Moat
57
Management
44
Growth Quality
48
Risk / Durability
33
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
68
Fully Valued
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
64/100
Building Historical Record
Model Score 64/100 — estimates relative performance potential, distinct from WallStreetScore (company quality).
Probability unavailable — the model has not produced a calibrated probability yet.
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WSS View
The quick read
WSS currently rates the company as mixed to moderately strong.
At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.
The model outlook is currently moderate.
- •Valuation scores attractively
- •High debt risk
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for ONIT
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can ONIT maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •How long can ONIT fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •Is ONIT's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •Is ONIT's valuation discount tied to a temporary concern or to a longer-term business risk?
- •What does the current fundamental change risk warning mean for the reliability or interpretation of ONIT's score?
Essential Investment Snapshot
Wall Street Score
55
Opportunity Score
68
Market Cap
$229.9M
P/E Ratio
1.7
EPS
$16.86
52-Week High
$54.10
52-Week Low
$27.67
Beta
1.44
Intrinsic Value
$217.25
Analyst Target
$50.00
Shares Outstanding
8.6M
Total Revenue
$1.20B
Total Debt
$10.84B
Dividend
No current dividend
Liquidation Value / Share
$76.41
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Strong downward momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for ONIT
Detected from reported data — verify before acting.High debt risk
Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total callsNo personal call yet on ONIT.
What the Bulls Say
- +Material partnership/catalyst: Onity serves as a subservicer for Rithm Capital, which is its largest subservicing client.
- +Product opportunity: Onity Group Inc. operates as a financial services firm focused on the creation and administration of both conventional (forward) and reverse mortgage loans. Its business activities extend across the United States, the U.S. Virgin Islands, India, and the Philippines, and are structured into two core divisions: Servicing and Originations. The company provides a wide array of offerings, including the management of owned mortgage servicing rights and subservicing products. Its comprehensive loan por.
What the Bears Say
- −Negative free cash flow may increase the need for outside financing and dilution.
Bull and bear cases summarize disclosed catalysts, growth opportunities and risks; they are not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
2 historical score records availablePrevious Score
58
Jul 24, 2026
Change
-3.4
points
Current Score
55
Oct 1, 2026
Category Changes
ONIT decreased 3.4 points because some fundamentals weakened.
Positive Contributors
- + Capital improved by 8 points
- + Management improved by 4.9 points
- + Valuation improved by 15 points
- + Buffett improved by 2.1 points
Projected Score
Projected Score
48
Projected Change
-7.0%
Preliminary comparable-period financial changes suggest decline of approximately 7.0 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
UndervaluedCurrent Price
$27.26
Intrinsic Value
$217.25
Difference
−$189.99
-87.5% vs IV
Margin of Safety
87.5%
Related Companies
Financial - MortgagesNews
A Look at Onity Group Inc (ONIT) After 5.1% Decline -- GF Value $33.42 vs Price $28.33
Critical Survey: Onity Group (NYSE:ONIT) & Forward Industries (NASDAQ:FWDI)
Onity Group to Host Its First Investor Day Event on November 19, 2026
A Look at Onity Group Inc (ONIT) After 3.3% Decline -- GF Value $34.26 vs Price $34.24
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