Ocwen Financial Corporation (OCN): Today's Featured Banking Winner

Ocwen Financial Corporation (OCN) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.7%. By the end of trading, Ocwen Financial Corporation rose 22 cents (1.5%) to $14.91 on light volume. Throughout the day, 545,420 shares of Ocwen Financial Corporation exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $14.65-$14.97 after having opened the day at $14.69 as compared to the previous trading day's close of $14.69. Other companies within the Banking industry that increased today were: Plumas Bancorp (PLBC), up 17.9%, PremierWest Bancorp (PRWT), up 13%, Jacksonville Bancorp Inc (FL (JAXB), up 12.9%, and Oak Ridge Financial Services (BKOR), up 11.6%.

Ocwen Financial Corporation, through its subsidiaries, provides residential and commercial mortgage loan servicing, special servicing, and asset management services in the United States and internationally. Ocwen Financial Corporation has a market cap of $1.95 billion and is part of the financial sector. Currently there are four analysts that rate Ocwen Financial Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Ocwen Financial Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow.

• You can view the full Ocwen Financial Ratings Report.

On the negative front, Royal Bancshares of Pennsylvania (RBPAA), down 14.2%, OptimumBank Holdings (OPHC), down 9%, CMS Bancorp (CMSB), down 7.5%, and Green Bankshares (GRNB), down 7.3%, were all losers within the banking industry with Deutsche Bank (DB) being today's banking industry loser.

• Use our banking section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF (KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng (KRS).

• Find other investment ideas from our top rated ETFs lists.

For more information on Ocwen Financial Corporation click any of the following:

• Ocwen Financial Corporation Stock Price

• Ocwen Financial Corporation Analyst Ratings

• Ocwen Financial Corporation Key Stats & Profile

• Ocwen Financial Corporation Earnings

• Ocwen Financial Corporation Ratio Comparison

• Ocwen Financial Corporation Growth Rates

• Ocwen Financial Corporation Balance Sheet

• Ocwen Financial Corporation Cash Flow

• Ocwen Financial Corporation Income Statement