
ONIT Stock Forecast & Price Target
ONIT Analyst Ratings
Bulls say
Onity Group Inc is poised for positive growth, supported by anticipated multiple expansions and an increase in book value, particularly with the expected reversal of the Deferred Tax Asset (DTA) valuation allowance projected at $22 per share by year-end. The company has demonstrated robust performance in its consumer direct segment, with a sequential volume increase of 29%, reaching $384 million, alongside stable margins. Additionally, Onity reported a significant 34% quarter-over-quarter increase in funded volume, totaling $9.4 billion, highlighting its strong operational capabilities.
Bears say
Onity Group's origination segment reported a slight decline in adjusted pre-tax income, decreasing from $10 million to $9 million quarter-over-quarter, although it marked the eighth consecutive quarter of positive income. The reverse mortgage volume fell 6% quarter-over-quarter, from $176 million to $166 million, along with a reduction in reverse segment margins, which decreased from 392 basis points to 367 basis points. Furthermore, projections for fiscal years 2025, 2026, and 2027 have been adjusted downward to $8.20, $9.74, and $11.34, indicating a gradual decline in anticipated performance and profitability, reflected in the reduced pre-tax adjusted return on equity estimates.
This aggregate rating is based on analysts' research of Onity Group Inc and is not a guaranteed prediction by Public.com or investment advice.
ONIT Analyst Forecast & Price Prediction
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