How to Buy Onity Group Stock
Onity Group Inc
Onity Group is a mortgage company located in Florida, United States, which is part of the Financial Services sector, and is traded under the ticker ONIT on the NYSE exchange.
Onity Group stock last closed at $29.35, down 2.26% from the previous day, and has increased 20.04% in one year. It has overperformed other stocks in the Mortgage Finance industry by 0.22 percentage points. Onity Group stock is currently +31.03% from its 52-week low of $22.40, and -28.88% from its 52-week high of $41.27.
There are currently 7.87M ONIT shares outstanding. The market value of ONIT is $231.07M. In the past 24 hours, 20,678 ONIT shares were traded.
How to Buy Onity Group Stock
Wondering how to invest in Onity Group stock? Here's how.
- Decide where to buy Onity Group stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Onity Group stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your payment method and add your info.
- Evaluate Onity Group stock: The Onity Group ticker symbol is ONIT. Is Onity Group stock a good investment? Should you buy shares of ONIT? How do ONIT's underlying business fundamentals look? Do top analysts think Onity Group is a good buy? Why has ONIT's stock price moved recently? (Hint: Our stock analysis website can help you decide if ONIT is a good stock to buy).
- Place your ONIT buy order: Decide if you will purchase ONIT shares at the current market price or use a limit order to purchase ONIT shares at a specific price.
- Keep an eye on your ONIT investment: Create a watchlist to important updates regarding your investment in Onity Group stock.
Step 1: Decide where to buy Onity Group stock
You will need an online brokerage account in order to access the NYSE market and buy ONIT stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you are able to invest in ONIT today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your brokerage account
Now that you've opened your account on the best app for stock investing, you need to deposit funds:
Watch the walkthrough below to see the process of transferring money into your new investment account.
Step 4: Evaluate Onity Group stock
Once you have decided on the best place to buy Onity Group stock, it's absolutely critical to research their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Onity Group shares data
Onity Group Due Diligence Checks
WallStreetZen was built to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on ONIT's stock page.
Is ONIT stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge ONIT's fair value.
Using relative valuations ratios:
- ONIT may be undervalued based on its P/E ratio of 6.86x, relative to Mortgage Finance industry P/E ratio of 29.64x
- ONIT could be overvalued based on its P/B ratio of 0.52x, relative to Mortgage Finance industry P/B ratio of 0.34x
- ONIT could be undervalued based on its PEG ratio of 0.07x
You can do more valuation research on ONIT's stock here.
ONIT Financials at a glance
Positive Health Checks:
- ONIT profit margin has gone up from -6% to 3.4% in the past year.
Negative Health Checks:
- ONIT has a relatively high debt to equity ratio of 36.
- Total ONIT debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy Onity Group stock
Out of 1 Equities analysts who research ONIT, the consensus analyst rating on ONIT is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Onity Group stock forecast page.
Metrics for Advanced ONIT Traders
ONIT Growth Metrics
Last year, ONIT earnings were $33.40M. During the past 3 year, ONIT's earnings have gone up by 104.46% per year. This was faster than the Mortgage Finance industry average of -41.53%.
Last year, ONIT revenue was $976.00M. During the past 5 year, ONIT's revenue has gone up by -2.77% per year. This was slower than the Mortgage Finance industry average of 3.35%.
Learn more about ONIT's earnings and revenue performance here.
Are ONIT executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at ONIT have sold more shares than they have bought.
Aaron D. Wade, EVP Chief Inv. Officer of ONIT, was the latest ONIT insider to sell. They sold $21,453.66 worth of ONIT stock on Apr 5, 2025.
Learn more about who owns ONIT stock here.
Does ONIT stock generate passive income?
No, Onity Group doesn't provide an income stream by paying out dividends.
ONIT Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your ONIT buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open button and your broker will place your order.
If you need more assistance buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your ONIT investment
Now that you own some ONIT stock, you'll want to keep up with your new company.
Create a watchlist to track your ONIT stock.
ONIT Feed
How to Buy Stock in Onity Group
To reiterate, here are the 6 steps you need to take to buy Onity Group stock right now:
- Decide where to buy Onity Group stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Evaluate Onity Group stock
- Place your ONIT buy order
- Keep an eye on your ONIT investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your investment in Onity Group, create a watchlist today.
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