Ocwen Financial Corp. (NYSE: OCN) is
a diversified financial services holding company with headquarters in West Palm
Beach, Florida and operations in Canada, China, Germany, India, Japan and
Taiwan. Ocwen is engaged in a variety of businesses related to
residential and commercial mortgage servicing, real estate asset management,
asset recovery, business process outsourcing and the marketing and sales of
technology solutions to third parties.
The Stock's price gained 18.9% over the past 3 months; 34.2% over the past 6
months; and 74.4% over the past 12 months.
Ocwen is classified as a small-cap company.
The Company's market capitalization: $817.97 million. The Stock is rated to
significantly outperform the market over the next six months. The Company
was formed in February 1988.
Ocwen's corporate
headquarters are located West Palm Beach, Florida. Approximately 3,120 people are
employed by
Ocwen.
Sector: Financial; Industry: S&Ls\ Savings Banks ; Ticker:
OCN; Exch:
NYSE;
07/21/06 Closing Price: $12.91)
STOCK GRADE (ASG): 54.90 (VERY
GOOD!)
BUSINESS & FINANCIAL SUMMARY
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