Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ocwen Financial's share price for the quarter that ended in Dec. 2023 was $30.76. Ocwen Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 8 Mil. Therefore, Ocwen Financial's market cap for the quarter that ended in Dec. 2023 was $236 Mil.
Ocwen Financial's quarterly market cap
declined
from Jun. 2023 ($230 Mil) to Sep. 2023 ($199 Mil) but then
increased
from Sep. 2023 ($199 Mil) to Dec. 2023 ($236 Mil).
Ocwen Financial's annual market cap
declined
from Dec. 2021 ($368 Mil) to Dec. 2022 ($230 Mil) but then
increased
from Dec. 2022 ($230 Mil) to Dec. 2023 ($236 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ocwen Financial's Enterprise Value for Today is $10,918 Mil.
Ocwen Financial Market Cap Historical Data
The historical data trend for Ocwen Financial's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Ocwen Financial's Market Cap
For the Mortgage Finance subindustry, Ocwen Financial's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ocwen Financial's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Ocwen Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where Ocwen Financial's Market Cap falls into.
Ocwen Financial Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Ocwen Financial's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ocwen Financial (NYSE:OCN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Ocwen Financial Market Cap Related Terms
Thank you for viewing the detailed overview of Ocwen Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ocwen Financial (Ocwen Financial) Business Description
Ocwen Financial Corp is a financial service company that services and originates loans. Its business segment includes Servicing and Lending. Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The company generates a majority of its revenue from the Servicing segment. Geographically, it generates a majority of its revenue from the United States.
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