Split History
OCN split history picture
Ocwen Financial (OCN) has 3 splits in our OCN split history database. The first split for OCN took place on November 21, 1997. This was a 2 for 1 split, meaning for each share of OCN owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. OCN's second split took place on August 10, 2009. This was a 166 for 100 split, meaning for each 100 shares of OCN owned pre-split, the shareholder now owned 166 shares. For example, a 2000 share position pre-split, became a 3320 share position following the split. OCN's third split took place on August 14, 2020. This was a 1 for 15 reverse split, meaning for each 15 shares of OCN owned pre-split, the shareholder now owned 1 share. For example, a 3320 share position pre-split, became a 221.333333333333 share position following the split.

When a company such as Ocwen Financial splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. When a company such as Ocwen Financial conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the OCN split history from start to finish, an original position size of 1000 shares would have turned into 221.333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ocwen Financial shares, starting with a $10,000 purchase of OCN, presented on a split-history-adjusted basis factoring in the complete OCN split history. OCN split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/01/2014
End date: 03/28/2024
Start price/share: $598.20
End price/share: $27.01
Dividends collected/share: $0.00
Total return: -95.48%
Average Annual Total Return: -26.64%
Starting investment: $10,000.00
Ending investment: $451.82
Years: 10.00
Ocwen Financial is a financial services company that services and originates both forward and reverse mortgage loans, through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. Co. provides solutions through its primary operating, wholly-owned subsidiary, PHH Mortgage Corporation. Co. has the following segments: Servicing, in which Co.'s Servicing business is primarily comprised of its residential forward mortgage servicing business; and Originations, in which Co. originates and purchases residential mortgage loans that it sells to agencies or securitize on a servicing retained basis, thereby generating mortgage servicing rights. According to our OCN split history records, Ocwen Financial has had 3 splits.
Date Ratio
11/21/19972 for 1
08/10/2009166 for 100
08/14/20201 for 15
OCN is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

OCSL Split History
OFG Split History
OIH Split History
OKSB Split History
OLBK Split History
ONB Split History
ONEQ Split History
ONFC Split History
OPHC Split History
OPOF Split History

Also explore: OCN shares outstanding history

Email EnvelopeFree OCN Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

NRx Pharmaceuticals, Inc. (NRXP)
Tritium DCFC Limited (DCFC)
Pluri Inc. (PLUR)
Rent the Runway, Inc. (RENT)
Castor Maritime Inc. (CTRM)
ETAO International Co., Ltd. (ETAO)
Aterian, Inc. (ATER)
Chipotle Mexican Grill, Inc. (CMG)
Moleculin Biotech, Inc. (MBRX)
Longeveron Inc. (LGVN)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

OCN Insider Buying

OCN Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.