Relatively Low Return on Equity Detected in Shares of Ocwen Financial in the Thrifts & Mortgage Finance Industry (OCN, WAC, PHH, BBX, KRNY)
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 Financial ranks lowest with a ROE of -46.2%. Walter Investment Management is next with a ROE of -18.4%. PHH ranks third lowest with a ROE of -8.2%.
BBX Capitol follows with a ROE of 0.4%, and Kearny Financial rounds out the bottom five with a ROE of 0.7%.
SmarTrend recommended that subscribers consider buying shares of Ocwen Financial on August 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $2.04. Since that recommendation, shares of Ocwen Financial have risen 80.4%. We continue to monitor Ocwen Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest return on equity ocwen financial amex:wac walter investment management bbx capitol kearny financial