Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.15
OCN's Cash to Debt is ranked lower than
51% of the 1259 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.42 vs. OCN: 0.15 )
OCN' s 10-Year Cash to Debt Range
Min: 0.1   Max: No Debt
Current: 0.15

Equity to Asset 0.23
OCN's Equity to Asset is ranked higher than
97% of the 1649 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.09 vs. OCN: 0.23 )
OCN' s 10-Year Equity to Asset Range
Min: 0.08   Max: 0.49
Current: 0.23

0.08
0.49
Interest Coverage 0.81
OCN's Interest Coverage is ranked higher than
60% of the 1447 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.20 vs. OCN: 0.81 )
OCN' s 10-Year Interest Coverage Range
Min: 0.23   Max: 1.77
Current: 0.81

0.23
1.77
F-Score: 4
Z-Score: 0.87
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 16.45
OCN's Operating margin (%) is ranked higher than
57% of the 1594 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 29.40 vs. OCN: 16.45 )
OCN' s 10-Year Operating margin (%) Range
Min: -12.2   Max: 30.47
Current: 16.45

-12.2
30.47
Net-margin (%) 14.43
OCN's Net-margin (%) is ranked higher than
61% of the 1613 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 21.45 vs. OCN: 14.43 )
OCN' s 10-Year Net-margin (%) Range
Min: -66.1   Max: 47.85
Current: 14.43

-66.1
47.85
ROE (%) 16.38
OCN's ROE (%) is ranked higher than
94% of the 1615 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 8.13 vs. OCN: 16.38 )
OCN' s 10-Year ROE (%) Range
Min: -32.91   Max: 37.01
Current: 16.38

-32.91
37.01
ROA (%) 3.74
OCN's ROA (%) is ranked higher than
98% of the 1616 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.75 vs. OCN: 3.74 )
OCN' s 10-Year ROA (%) Range
Min: -7   Max: 10.28
Current: 3.74

-7
10.28
ROC (Joel Greenblatt) (%) 623.25
OCN's ROC (Joel Greenblatt) (%) is ranked higher than
97% of the 1569 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 73.85 vs. OCN: 623.25 )
OCN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -31.83   Max: 2804.84
Current: 623.25

-31.83
2804.84
Revenue Growth (%) 64.30
OCN's Revenue Growth (%) is ranked higher than
99% of the 1443 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.00 vs. OCN: 64.30 )
OCN' s 10-Year Revenue Growth (%) Range
Min: -23.5   Max: 64.3
Current: 64.3

-23.5
64.3
EBITDA Growth (%) 70.20
OCN's EBITDA Growth (%) is ranked higher than
98% of the 1280 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 6.70 vs. OCN: 70.20 )
OCN' s 10-Year EBITDA Growth (%) Range
Min: -36   Max: 76.9
Current: 70.2

-36
76.9
EPS Growth (%) 84.80
OCN's EPS Growth (%) is ranked higher than
98% of the 1283 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 8.90 vs. OCN: 84.80 )
OCN' s 10-Year EPS Growth (%) Range
Min: -72.2   Max: 353.1
Current: 84.8

-72.2
353.1
» OCN's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

OCN Guru Trades in Q3 2013

Murray Stahl 5,902 sh (New)
Louis Moore Bacon 275,000 sh (+37.5%)
Leon Cooperman 292,300 sh (unchged)
Louis Moore Bacon 500,000 sh (unchged)
Jim Simons Sold Out
Arnold Van Den Berg 322,415 sh (-1.38%)
Steve Mandel 5,277,270 sh (-3.14%)
Steven Cohen 431,409 sh (-21.2%)
Julian Robertson 349,891 sh (-31.34%)
» More
Q4 2013

OCN Guru Trades in Q4 2013

Alan Fournier 3,146,681 sh (New)
Murray Stahl 11,117 sh (+88.36%)
Louis Moore Bacon 300,000 sh (+9.09%)
Steve Mandel Sold Out
Leon Cooperman Sold Out
Julian Robertson Sold Out
Arnold Van Den Berg 319,345 sh (-0.95%)
Steven Cohen 40,819 sh (-90.54%)
» More
Q1 2014

OCN Guru Trades in Q1 2014

Leon Cooperman 222,300 sh (New)
Daniel Loeb 1,000,000 sh (New)
Howard Marks 237,000 sh (New)
Steven Cohen 87,503 sh (+114.37%)
Murray Stahl 21,384 sh (+92.35%)
Alan Fournier 4,326,681 sh (+37.5%)
Arnold Van Den Berg 330,620 sh (+3.53%)
Louis Moore Bacon 9,809 sh (-96.73%)
» More
Q2 2014

OCN Guru Trades in Q2 2014

Arnold Van Den Berg 397,941 sh (+20.36%)
» More
» Details

Insider Trades

Latest Guru Trades with OCN

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Arnold Van Den Berg 2014-06-30 Add 20.36%0.22%$31.71 - $40.02 $ 30.17-17%397941
Daniel Loeb 2014-03-31 New Buy0.58%$35.64 - $56.39 $ 30.17-31%1000000
Leon Cooperman 2014-03-31 New Buy0.12%$35.64 - $56.39 $ 30.17-31%222300
Julian Robertson 2013-12-31 Sold Out 3%$49.91 - $59.97 $ 30.17-45%0
Steve Mandel 2013-12-31 Sold Out 1.3%$49.91 - $59.97 $ 30.17-45%0
Leon Cooperman 2013-12-31 Sold Out 0.25%$49.91 - $59.97 $ 30.17-45%0
Julian Robertson 2013-09-30 Reduce -31.34%0.85%$41.15 - $58.06 $ 30.17-40%349891
Steve Mandel 2013-06-30 New Buy1.1%$34.58 - $45.74 $ 30.17-25%5448250
Arnold Van Den Berg 2013-03-31 New Buy1.32%$34.59 - $41.47 $ 30.17-22%355085
Julian Robertson 2013-03-31 Reduce -23.13%0.95%$34.59 - $41.47 $ 30.17-22%522791
George Soros 2013-03-31 Sold Out 0.01%$34.59 - $41.47 $ 30.17-22%0
John Keeley 2012-12-31 Sold Out 0.02%$28.96 - $38.8 $ 30.17-14%0
George Soros 2012-12-31 New Buy0.01%$28.96 - $38.8 $ 30.17-14%13000
Julian Robertson 2012-09-30 Add 67.75%1.82%$18.91 - $28.1 $ 30.1732%762591
Leon Cooperman 2012-09-30 Reduce -91.97%1.38%$18.91 - $28.1 $ 30.1732%292300
John Keeley 2012-09-30 New Buy0.02%$18.91 - $28.1 $ 30.1732%36000
Julian Robertson 2012-06-30 New Buy2.4%$14.52 - $18.51 $ 30.1790%454591
Leon Cooperman 2012-06-30 Reduce -23.45%0.35%$14.52 - $18.51 $ 30.1790%3640475
Leon Cooperman 2012-03-31 New Buy1.5%$13.75 - $16.9 $ 30.17110%4755440
George Soros 2011-12-31 Sold Out 0.05%$12.06 - $14.73 $ 30.17122%0
George Soros 2011-09-30 Add 986.96%0.04%$11.24 - $13.8 $ 30.17133%200000
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Ocwen Financial Corp

Howard Marks' 7 New Stock Buys
Howard Marks (Trades, Portfolio) is the chairman of Oaktree, a management firm with $86 billion in assets. In his most recent memo, “Dare to Be Great II,” he shared a secret to his investing success: Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 13.40
OCN's P/E(ttm) is ranked higher than
71% of the 1833 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 15.40 vs. OCN: 13.40 )
OCN' s 10-Year P/E(ttm) Range
Min: 2.43   Max: 279.55
Current: 13.4

2.43
279.55
P/B 2.50
OCN's P/B is ranked higher than
53% of the 1833 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.15 vs. OCN: 2.50 )
OCN' s 10-Year P/B Range
Min: 0.23   Max: 4.84
Current: 2.5

0.23
4.84
P/S 2.10
OCN's P/S is ranked higher than
80% of the 1833 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 3.10 vs. OCN: 2.10 )
OCN' s 10-Year P/S Range
Min: 0.31   Max: 8.59
Current: 2.1

0.31
8.59
EV-to-EBIT 16.68
OCN's EV-to-EBIT is ranked higher than
72% of the 1833 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 18.36 vs. OCN: 16.68 )
OCN' s 10-Year EV-to-EBIT Range
Min: 4.4   Max: 162.5
Current: 16.68

4.4
162.5
PEG 0.40
OCN's PEG is ranked higher than
94% of the 1833 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 6.50 vs. OCN: 0.40 )
OCN' s 10-Year PEG Range
Min: 0.03   Max: 13.65
Current: 0.4

0.03
13.65
Shiller P/E 34.00
OCN's Shiller P/E is ranked higher than
76% of the 1833 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 98.15 vs. OCN: 34.00 )
OCN' s 10-Year Shiller P/E Range
Min: 3.42   Max: 120.84
Current: 34

3.42
120.84

Valuation & Return

vs
industry
vs
history
Price/Median PS Value 1.10
OCN's Price/Median PS Value is ranked higher than
62% of the 1833 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.11 vs. OCN: 1.10 )
OCN' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 4.37
Current: 1.1

0.2
4.37
Price/Peter Lynch Fair Value 0.50
OCN's Price/Peter Lynch Fair Value is ranked higher than
95% of the 1833 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 9999.00 vs. OCN: 0.50 )
OCN' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.11   Max: 20.54
Current: 0.5

0.11
20.54
Earnings Yield (Greenblatt) 7.00
OCN's Earnings Yield (Greenblatt) is ranked higher than
65% of the 1588 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 6.90 vs. OCN: 7.00 )
OCN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.6   Max: 22.7
Current: 7

0.6
22.7
Forward Rate of Return (Yacktman) 43.51
OCN's Forward Rate of Return (Yacktman) is ranked higher than
91% of the 1260 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 14.98 vs. OCN: 43.51 )
OCN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -36.6   Max: 82.7
Current: 43.51

-36.6
82.7

Business Description

Industry: Banks » Savings & Cooperative Banks
Compare:HOME, NYCB, PBCT, HCBK, FNFG » details
Traded in other countries:OW0.Germany
Ocwen Financial Corporation is a Florida corporation organized in February 1988 in connection with the acquisition of Ocwen Federal Bank FSB or the Bank. The Company is a financial services holding company which, through its subsidiaries, is engaged in the servicing and origination of mortgage loans. Its current business segments are: Servicing, Lending, and Corporate Items and Other. Through servicing segment, it provides residential and commercial mortgage loan servicing, special servicing and asset management services. It earns fees for providing these services to owners of the mortgage loans and foreclosed real estate. The Lending segment is focused on originating and purchasing agency-conforming residential mortgage loans mainly through its correspondent lending business. Corporate Items and Other includes items of revenue and expense that are not directly related to a business, business activities that are individually insignificant, interest income on short-term investments of cash, corporate debt and certain corporate expenses. The Company is one of the third-party servicers of subprime residential mortgage loans in the U.S. As of December 31, 2012, it serviced 1,219,956 loans and real estate properties with an aggregate UPB of $203.7 billion under approximately 2,000 servicing agreements. Its servicing clients include institutions such as Freddie Mac, Morgan Stanley, Deutsche Bank, Credit Suisse, Goldman Sachs and Barclays. The mortgaged properties securing the loans that it service are geographically dispersed throughout all 50 states, the District of Columbia and two U.S. territories. The five largest concentrations of properties are located in California, Florida, New York, Texas and Illinois. The Company's competitors include a number of large financial institutions. The Company's business is subject to regulation by federal, state and local governmental authorities and is subject to various laws and judicial and administrative decisions.
» More Articles for OCN

Headlines

Articles On GuruFocus.com
Howard Marks' 7 New Stock Buys May 14 2014 
Weekly Top Insider Sells: GOOG, FCX, GILD, P, OCN Dec 02 2013 
Weekly CFO Sells Highlight: Gilead Sciences Inc., Prudential Financial Inc., Ocwen Financial Corp, F Nov 25 2013 
Omega Advisors’ Q3 Portfolio Updates: Top Sells are CTXS, OCN and WLP Nov 14 2012 
Rare interview appearance by legendary hedge fund manager, Julian Robertson Oct 24 2012 
Legendary Julian Robertson Gives His Stock Picks: RYAAY, RYCEY, COF, OCN Oct 23 2012 
Latest Picks from Legendary Hedge Fund Manager Julian Robertson: AIG, HCA, JPM, ABX, OCN, SEAC Aug 14 2012 
Weekly CFO Buys Highlight: OCWEN FINANCIAL Corp., Aastrom Biosciences Inc. Mar 13 2011 
Weekly CFO Buys Highlight: OCN, SIX, IEC, STLY, OABC Mar 06 2011 
Ocwen Financial Corp. (OCN) CFO Vlack John Patrick Van buys 20,000 Shares Mar 04 2011 

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide