Added to YB: 2026-02-19
Pitch date: 2026-02-17
ONIT [bullish]
Onity Group Inc.
-5.19%
current return
Author Info
Company Info
Onity Group Inc., a financial services company, originates and services forward and reserve mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines.
Market Cap
$388.8M
Pitch Price
$45.28
Price Target
148.88 (+247%)
Dividend
N/A
EV/EBITDA
25.77
P/E
2.13
EV/Sales
14.02
Sector
Financial Services
Category
value
Onity Group $ONIT vs Loan Depot $LDI, a Safe Three Bagger or a Risky Ten Bagger
ONIT: Mortgage originator+servicer at 0.35x P/S vs 1.85x historical avg, 5x P/E. Inflection as housing unfreezes from rate cuts. AI cost savings (57k hrs/month), $10M buyback. Risks: AI disruption to $11k/loan labor costs, working capital drain ($875M in 2025). Acquisition target at $100-$120 or standalone PT $148.88 by mid-2028 on 1.0x P/S re-rating + volume recovery.
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