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Onity Group Appoints New Independent Director to Board

Story Highlights
  • Onity appointed seasoned consultant and ex-banking executive Dawn C. Morris as an independent director.
  • Two directors will retire at the May 2026 meeting, reducing Onity’s board to seven members.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Onity Group Appoints New Independent Director to Board

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Onity Group ( (ONIT) ) just unveiled an update.

On December 30, 2025, Onity Group Inc. appointed Dawn C. Morris, founder and CEO of strategic consulting firm Growth Partners Group and an experienced financial services and marketing executive, to its board of directors effective January 1, 2026, temporarily expanding the board to nine members and designating her as an independent director under NYSE and SEC rules. The company also disclosed that long-standing director Dr. Jenne Britell will not stand for re-election and will retire from the board at the 2026 annual shareholder meeting scheduled for May 19, 2026, alongside previously announced retiree Dr. DeForest B. Soaries, Jr., after which the board will be reduced to seven members, signaling an ongoing refresh of its governance structure without any reported disagreements over company operations or policies.

The most recent analyst rating on (ONIT) stock is a Hold with a $48.00 price target. To see the full list of analyst forecasts on Onity Group stock, see the ONIT Stock Forecast page.

Spark’s Take on ONIT Stock

According to Spark, TipRanks’ AI Analyst, ONIT is a Neutral.

Onity Group’s overall stock score reflects a mix of strengths and challenges. The most significant factor is the company’s financial performance, which is currently weak due to high leverage and cash flow issues. However, strong technical indicators and positive earnings call sentiment provide some optimism. Valuation is reasonable, but the lack of a dividend yield is a downside.

To see Spark’s full report on ONIT stock, click here.

More about Onity Group

Onity Group Inc. is a publicly listed company on the New York Stock Exchange that operates under U.S. securities regulation, with a board of directors that includes independent members who meet NYSE and SEC standards, including those for audit and compensation committee service.

Average Trading Volume: 36,013

Technical Sentiment Signal: Buy

Current Market Cap: $355.6M

For a thorough assessment of ONIT stock, go to TipRanks’ Stock Analysis page.

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