OneMain Holdings, Inc. (OMF) – What Are Investment Firms Thinking About This Stock?

Shares of OneMain Holdings, Inc. (NYSE:OMF) have received a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $67.09.

Several equities analysts recently issued reports on OMF shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of OneMain in a report on Friday, July 10th. Weiss Ratings raised shares of OneMain from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Bank of America decreased their price target on shares of OneMain from $67.00 to $66.00 and set a “buy” rating for the company in a research note on Monday. TD Cowen cut their price target on OneMain from $68.00 to $66.00 and set a “buy” rating for the company in a research note on Tuesday, October 6th. Finally, Royal Bank Of Canada decreased their price objective on shares of OneMain from $71.00 to $70.00 and set an “outperform” rating for the company in a research note on Monday.

OneMain Stock Performance

Shares of OMF opened at $56.58 on Wednesday. The business’s fifty day moving average is $58.78 and its 200-day moving average is $58.36. The firm has a market cap of $6.48 billion, a price-to-earnings ratio of 8.61, a PEG ratio of 0.66 and a beta of 1.30. OneMain has a 52-week low of $45.78 and a 52-week high of $71.93.

OneMain (NYSE:OMF) last issued its earnings results on Friday, October 30th. The financial services provider reported $1.51 EPS for the quarter, missing the consensus estimate of $1.56 by ($0.05). OneMain had a return on equity of 21.97% and a net margin of 13.43%. The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same period in the previous year, the firm posted $1.90 EPS. As a group, research analysts forecast that OneMain will post 6.60 EPS for the current fiscal year.

OneMain Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Monday, November 9th will be paid a $1.05 dividend. The ex-dividend date is Monday, November 9th. This represents a $4.20 annualized dividend and a dividend yield of 7.4%. OneMain’s dividend payout ratio (DPR) is presently 63.93%.

Institutional Trading of OneMain

Institutional investors and hedge funds have recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of OneMain by 28.6% in the third quarter. Brighton Jones LLC now owns 21,362 shares of the financial services provider’s stock valued at $1,183,000 after buying an additional 4,757 shares in the last quarter. Heritage Family Offices LLP purchased a new position in shares of OneMain in the third quarter valued at approximately $92,000. Chicago Partners Investment Group LLC boosted its position in OneMain by 4.3% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 21,183 shares of the financial services provider’s stock valued at $1,180,000 after buying an additional 866 shares during the period. Covestor Ltd grew its stake in OneMain by 13.5% during the 3rd quarter. Covestor Ltd now owns 2,164 shares of the financial services provider’s stock worth $120,000 after purchasing an additional 257 shares in the last quarter. Finally, Ascent Group LLC raised its holdings in OneMain by 2.0% in the third quarter. Ascent Group LLC now owns 18,336 shares of the financial services provider’s stock valued at $1,016,000 after acquiring an additional 368 shares in the last quarter. 85.82% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting OneMain

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: OneMain declared a quarterly dividend of $1.05 per share, equivalent to $4.20 annually and a 7.4% yield based on the supplied figures. The payout may support investor interest, though it does not resolve concerns about credit quality.
• Neutral Sentiment: Truist lowered its price target from $71 to $70 but maintained a buy rating; RBC also cut its target from $71 to $70 while retaining an outperform rating. Truist rating information RBC rating information
• Neutral Sentiment: JPMorgan raised its target from $52 to $56 but kept an underweight rating, while Barclays lowered its target from $60 to $59 and maintained equal weight—signaling a divided outlook. JPMorgan rating information Barclays rating information
• Negative Sentiment: Northland trimmed its FY2027 EPS estimate to $8.25 from $8.32. Separately, the latest quarterly EPS of $1.51 missed the $1.56 consensus, and coverage linked the post-earnings retreat to credit concerns, which may pressure sentiment toward the consumer lender. Report on OneMain forecast revision Article on OneMain credit concerns

About OneMain

OneMain Holdings, Inc, operating under the OneMain Financial brand, is a consumer finance company that provides personal lending and related financial services primarily to non-prime consumers in the United States. The company serves customers through a combination of branch locations, online and mobile channels, and centralized customer service operations.

OneMain’s principal products include secured and unsecured personal loans, which customers may use for debt consolidation, home improvements, major purchases, and other personal expenses.