Analysts predict that OneMain Holdings Inc (NYSE:OMF) will post $1.18 earnings per share (EPS) for the current quarter, Zacks reports. Five analysts have made estimates for OneMain’s earnings, with the lowest EPS estimate coming in at $1.07 and the highest estimate coming in at $1.29. OneMain posted earnings per share of $0.76 in the same quarter last year, which would indicate a positive year over year growth rate of 55.3%. The company is scheduled to issue its next quarterly earnings results after the market closes on Wednesday, May 2nd.

According to Zacks, analysts expect that OneMain will report full-year earnings of $4.88 per share for the current financial year, with EPS estimates ranging from $4.64 to $5.09. For the next fiscal year, analysts forecast that the business will report earnings of $5.48 per share, with EPS estimates ranging from $5.18 to $5.77. Zacks’ EPS averages are an average based on a survey of sell-side analysts that cover OneMain.

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OneMain (NYSE:OMF) last issued its quarterly earnings data on Wednesday, February 14th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.05 by $0.01. OneMain had a return on equity of 15.04% and a net margin of 5.06%. The business had revenue of $799.00 million during the quarter, compared to analysts’ expectations of $798.70 million. During the same quarter in the previous year, the firm posted $0.80 EPS. The company’s revenue for the quarter was up 11.9% on a year-over-year basis.

OMF has been the subject of several recent analyst reports. Piper Jaffray initiated coverage on OneMain in a research note on Wednesday, March 21st. They issued an “overweight” rating and a $37.00 price target for the company. Bank of America upgraded OneMain from a “neutral” rating to a “buy” rating and set a $41.00 price target for the company in a research note on Thursday, January 4th. Zacks Investment Research upgraded OneMain from a “sell” rating to a “hold” rating in a research note on Tuesday, January 9th. Wells Fargo initiated coverage on OneMain in a research note on Wednesday, April 4th. They issued an “outperform” rating and a $38.00 price target for the company. Finally, UBS initiated coverage on OneMain in a research note on Tuesday, March 27th. They issued a “buy” rating and a $40.00 price target for the company. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $35.33.

A number of large investors have recently bought and sold shares of the business. BlackRock Inc. increased its stake in OneMain by 21.5% during the 4th quarter. BlackRock Inc. now owns 2,804,528 shares of the financial services provider’s stock worth $72,891,000 after buying an additional 497,067 shares in the last quarter. Basswood Capital Management L.L.C. increased its stake in OneMain by 62.9% during the 4th quarter. Basswood Capital Management L.L.C. now owns 2,765,855 shares of the financial services provider’s stock worth $71,885,000 after buying an additional 1,068,203 shares in the last quarter. Brandywine Global Investment Management LLC increased its stake in OneMain by 25.7% during the 4th quarter. Brandywine Global Investment Management LLC now owns 2,208,738 shares of the financial services provider’s stock worth $57,406,000 after buying an additional 451,199 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in OneMain by 22.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,888,253 shares of the financial services provider’s stock worth $53,231,000 after buying an additional 344,126 shares in the last quarter. Finally, Eaton Vance Management increased its stake in OneMain by 62.0% during the 4th quarter. Eaton Vance Management now owns 1,550,833 shares of the financial services provider’s stock worth $40,306,000 after buying an additional 593,268 shares in the last quarter. Institutional investors own 94.34% of the company’s stock.

Shares of OneMain stock traded up $0.30 on Tuesday, hitting $30.05. The company’s stock had a trading volume of 129,485 shares, compared to its average volume of 839,457. OneMain has a 1 year low of $22.04 and a 1 year high of $36.32. The firm has a market cap of $4,030.16, a PE ratio of 8.53, a P/E/G ratio of 1.22 and a beta of 2.74.

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About OneMain

OneMain Holdings, Inc, through its subsidiaries, provides consumer finance and insurance products and services. The company operates in two segments: Consumer and Insurance, and Acquisitions and Servicing. It provides secured and unsecured personal loans; credit insurance products, such as life, disability, and involuntary unemployment insurance products; non-credit insurance; and auto membership plans, as well as retail sales finance services.

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Earnings History and Estimates for OneMain (NYSE:OMF)

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