Onity Group Inc. (ONIT) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Onity Group Inc. (ONIT) stock forecast summary
Our AI scores Onity Group Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Onity Group Inc. is a small-cap company with a market capitalization of $269M. It ranks number 4 by market capitalization among the 6 Mortgage Bankers & Loan Correspondents issuers in our coverage with a current forecast.
For ONIT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 22.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 16.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ONIT included.
ONIT price chart and AI forecast
How ONIT ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Onity Group Inc. (ONIT) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Mortgage Bankers & Loan Correspondents peers listed below that report each metric.
Valuation & Market
| Metric | ONIT | Rank |
|---|---|---|
| Market Cap | $269M | 4/6 |
| P/E Ratio | 2.16x | – |
| P/B Ratio | 0.44x | 4/5 |
| EPS | $14.94 | – |
| Book Value/Share | $72.85 | – |
| Revenue/Share | $137.09 | – |
| FCF/Share | $-210.95 | – |
Profitability & Margins
| Metric | ONIT | Rank |
|---|---|---|
| ROE | 20.9% | – |
| ROA | 1.1% | – |
| Net Margin | 11.1% | – |
| EBT Margin | 5.0% | 3/5 |
| Tax Rate | -207.4% | – |
The effective tax rate is outside the normal band, which points to a large non-recurring tax item in the trailing twelve months; headline net income, net margin and P/E are affected by it.
Financial Health
| Metric | ONIT | Rank |
|---|---|---|
| D/E Ratio | 17.52x | 2/5 |
| Financial Leverage | 18.60x | 2/5 |
| Interest Coverage | 6.6x | – |
Cash Flow
| Metric | ONIT | Rank |
|---|---|---|
| Operating Cash Flow | -$1.76B | 5/6 |
| Free Cash Flow | -$1.76B | – |
| Capital Spending | -$3M | – |
| FCF/Sales | -153.9% | – |
| CapEx/Sales | 0.3% | – |
Operational Efficiency
| Metric | ONIT | Rank |
|---|---|---|
| Asset Turnover | 0.10x | 4/5 |
| Fixed Assets Turnover | 114.5x | 2/6 |
Income Statement
| Metric | ONIT | Rank |
|---|---|---|
| Total Revenue | $1.15B | 4/6 |
| Net Income | $127M | – |
Dividend & Shareholder Information
| Metric | ONIT | Rank |
|---|---|---|
| Shares Outstanding | 8M | – |
| Net Income Growth | 272.5% | – |
| EPS Growth | 347.3% | 1/5 |
Balance Sheet Highlights (USD millions)
| Cash & Short-term Investments | $176M | 1.6% of assets |
| Total Liabilities | $10.66B | 94.6% of assets |
ONIT quarterly financials and insider trading
Onity Group Inc. (ONIT) industry peers
Companies classified under the same SEC industry code as Onity Group Inc. (Mortgage Bankers & Loan Correspondents): 6 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Onity Group Inc. (ONIT) stock news
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Onity Group Inc. (ONIT) stock forecast FAQ
What is the Onity Group Inc. (ONIT) stock forecast?
Our AI scores Onity Group Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Onity Group Inc. stock predictions?
For ONIT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 22.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 16.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Onity Group Inc. forecasts updated?
Onity Group Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Onity Group Inc.'s industry peers?
6 issuers in our coverage, ONIT included, share the SEC industry code Mortgage Bankers & Loan Correspondents. The largest are: Rocket Companies, Inc. (RKT), Pennymac Financial Services, Inc. (PFSI), Uwm Holdings Corp (UWMC), Finance Of America Companies Inc. (FOA), Beeline Holdings, Inc. (BLNE).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.