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Ocwen Finl Corp has the Lowest Return on Equity in the Thrifts & Mortgage Finance Industry (OCN, IMH, PROV, KRNY, ESSA)

By Nick Russo

Below are the three companies in the Thrifts & Mortgage Finance industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Ocwen Finl Corp ranks lowest with a ROE of -1,481.4%. Impac Mtg Hldgs is next with a ROE of -1,451.8%. Provident Fnl Hl ranks third lowest with a ROE of 134.4%.

Kearny Financial follows with a ROE of 156.2%, and Essa Bancorp Inc rounds out the bottom five with a ROE of 214.5%.

SmarTrend recommended that subscribers consider buying shares of Ocwen Finl Corp on January 8th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $1.62. Since that recommendation, shares of Ocwen Finl Corp have risen 13.3%. We continue to monitor Ocwen Finl Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest return on equity ocwen finl corp amex:imh impac mtg hldgs provident fnl hl kearny financial essa bancorp inc