Algo version: 0.98b
Onity Group Inc is listed at the NYSE Exchange
Onity Group Inc [ONIT]
NYSE Sector: Industry:

Is Onity Group Inc stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

We cannot find any recorded dividends paid in our systems.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Onity Group Inc 10 years ago, but if you had invested on Tuesday 4th of June 2024 when the price was $24.65, you would have made a profit of $5.52 per share or 22.39%

No, the average daily trading liquidity for Onity Group Inc is $30 343 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

Onity Group Inc has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. The company has a very low net profit margin of 1.36%, which is challenging.

We have calculated the inflation risk for Onity Group Inc to be high [0.8 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.