Ocwen Financial Corporation

Ocwen Financial Corporationverified

OCN

Price:

$25.08

Market Cap:

$195.87M

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 thro...[Read more]

Industry

Financial - Mortgages

IPO Date

1996-09-25

Stock Exchange

NYSE

Ticker

OCN

The Current Ratio as of September 2024 (TTM) for Ocwen Financial Corporation (OCN) is 50.14

According to Ocwen Financial Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 50.14. This represents a change of 7.23% compared to the average of 46.76 of the last 4 quarters.

Ocwen Financial Corporation (OCN) Historical Current Ratio (quarterly & annually)

How has OCN Current Ratio performed in the past?

The mean historical Current Ratio of Ocwen Financial Corporation over the last ten years is 17.89. The current 50.14 Current Ratio has changed 27.92% with respect to the historical average. Over the past ten years (40 quarters), OCN's Current Ratio was at its highest in in the March 2024 quarter at 50.14. The Current Ratio was at its lowest in in the September 2014 quarter at 6.95.

Quarterly (TTM)
Annual

Average

17.89

Median

10.16

Minimum

7.22

Maximum

44.54

Ocwen Financial Corporation (OCN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ocwen Financial Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 357.56%

Maximum Annual Current Ratio = 44.54

Minimum Annual Increase = -27.10%

Minimum Annual Current Ratio = 7.22

Quarterly (TTM)
Annual
YearCurrent RatioChange
202344.5421.90%
202236.5410.61%
202133.03357.56%
20207.22-27.10%
20199.90-16.41%
201811.8541.92%
20178.35-19.82%
201610.4112.42%
20159.2617.98%
20147.8521.14%

Ocwen Financial Corporation (OCN) Average Current Ratio

How has OCN Current Ratio performed in the past?

The current Current Ratio of Ocwen Financial Corporation (OCN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

38.03

5-year avg

26.25

10-year avg

17.89

Ocwen Financial Corporation (OCN) Current Ratio vs. Peers

How is OCN’s Current Ratio compared to its peers?

Ocwen Financial Corporation’s Current Ratio is greater than Home Point Capital Inc. (0.53), less than CNFinance Holdings Limited (78.00), greater than Security National Financial Corporation (3.29), greater than Encore Capital Group, Inc. (1.59), greater than Guild Holdings Company (0.06), greater than Mr. Cooper Group Inc. (0.50), greater than PennyMac Financial Services, Inc. (1.56), greater than Velocity Financial, Inc. (0.20),

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