Onity Group (NYSE:ONIT) Upgraded at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods upgraded shares of Onity Group (NYSE:ONIT) from a market perform rating to an outperform rating in a report published on Wednesday morning, MarketBeat.com reports. They currently have $33.00 target price on the stock, up from their prior target price of $32.00.

Onity Group Stock Down 3.7 %

Shares of ONIT stock opened at $24.52 on Wednesday. Onity Group has a 1-year low of $21.15 and a 1-year high of $35.79. The company has a debt-to-equity ratio of 21.76, a quick ratio of 21.72 and a current ratio of 21.72. The stock has a market cap of $191.50 million, a P/E ratio of 46.27 and a beta of 1.85.

Onity Group Company Profile

Onity Group Inc, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as loans.