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This Week’s Stock Picks & BNN Top Picks Summary: GSY-T, UBER-N and 17 Stock and 3 ETF Top Picks (Jan 10-16)This summary was created by AI, based on 1 opinions in the last 12 months.
ONIT-N provides direct lending for traditional and reverse mortgages to customers in the US, Philippines and India. Cash reserves are steady as the company retired higher rate notes for longer term debt. It trades at 22x earnings, under book value and supports a 21% ROE. Experts recommend setting a stop-loss at $29, looking to achieve $45 with an upside potential of 34%.
Onity Group. Inc. is a American stock, trading under the symbol ONIT-N on the New York Stock Exchange (ONIT). It is usually referred to as NYSE:ONIT or ONIT-N
In the last year, there was no coverage of Onity Group. Inc. published on Stockchase.
Onity Group. Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Onity Group. Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Onity Group. Inc. published on Stockchase.
On 2025-01-17, Onity Group. Inc. (ONIT-N) stock closed at a price of $33.96.
We reiterate this non-bank mortgage lender as a TOP PICK. Recently reported earnings showed a 23% increase in loan originations to $8.5 billion. They are adjusting long term debt to reduce their interest payments by $14 million annually. It trades at 21x earnings and under book value. We continue to recommend a stop at $29, looking to achieve $44 -- upside potential of 33%. Yield 0%
(Analysts’ price target is $43.75)