OneMain Stock Earnings Estimates Cut by Northland Securities

Key Points

• Northland Securities cut OneMain’s FY2026 EPS estimate to $6.56 from $7.10, below the current analyst consensus of $7.03; it forecasts $1.80 EPS for Q4 2026 and $8.32 for FY2027.
• Despite the estimate reduction, analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $68.40.
• OneMain’s latest quarterly results beat expectations, reporting $1.31 EPS and $1.62 billion in revenue, while its quarterly dividend of $1.05 implies a 7.3% annualized yield.

OneMain Holdings, Inc. (NYSE:OMF - Free Report) - Investment analysts at Northland Securities reduced their FY2026 earnings per share estimates for shares of OneMain in a report released on Friday, September 25th. Northland Securities analyst M. Grondahl now expects that the financial services provider will post earnings per share of $6.56 for the year, down from their prior estimate of $7.10. The consensus estimate for OneMain's current full-year earnings is $7.03 per share. Northland Securities also issued estimates for OneMain's Q4 2026 earnings at $1.80 EPS and FY2027 earnings at $8.32 EPS.

OMF has been the topic of several other research reports. TD Cowen upped their target price on shares of OneMain from $66.00 to $68.00 and gave the company a "buy" rating in a research note on Tuesday, July 7th. Citizens Jmp lifted their price target on shares of OneMain from $68.00 to $70.00 and gave the stock a "market outperform" rating in a research note on Thursday, July 30th. Citigroup reissued a "market outperform" rating on shares of OneMain in a report on Thursday, July 30th. Royal Bank Of Canada increased their price objective on shares of OneMain from $70.00 to $73.00 and gave the company an "outperform" rating in a research report on Thursday, July 30th. Finally, Truist Financial lifted their target price on shares of OneMain from $70.00 to $71.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Eight research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $68.40.

OneMain Stock Performance

NYSE OMF opened at $57.43 on Monday. OneMain has a one year low of $45.78 and a one year high of $71.93. The stock has a 50-day moving average of $62.47 and a 200 day moving average of $58.30. The company has a market capitalization of $6.61 billion, a price-to-earnings ratio of 8.65, a PEG ratio of 0.44 and a beta of 1.22.

OneMain (NYSE:OMF - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.05. OneMain had a return on equity of 23.49% and a net margin of 13.92%.The firm had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the prior year, the company posted $1.45 earnings per share. The company's quarterly revenue was up 6.7% on a year-over-year basis.

Institutional Trading of OneMain

Several large investors have recently added to or reduced their stakes in OMF. BlackRock Inc. purchased a new position in shares of OneMain during the 2nd quarter worth $633,893,000. Dimensional Fund Advisors LP increased its stake in shares of OneMain by 7.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,342,241 shares of the financial services provider's stock worth $232,258,000 after purchasing an additional 308,370 shares in the last quarter. Jupiter Topco LLC purchased a new stake in shares of OneMain in the 2nd quarter worth $166,060,000. Geode Capital Management LLC raised its holdings in OneMain by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 2,422,562 shares of the financial services provider's stock worth $164,017,000 after purchasing an additional 15,941 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in OneMain by 17.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,310,513 shares of the financial services provider's stock worth $156,075,000 after purchasing an additional 345,269 shares during the period. 85.82% of the stock is currently owned by institutional investors.

Insider Transactions at OneMain

In other OneMain news, COO Micah Conrad sold 5,000 shares of the business's stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $65.40, for a total transaction of $327,000.00. Following the completion of the sale, the chief operating officer directly owned 91,250 shares in the company, valued at $5,967,750. The trade was a 5.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Michael Hedlund sold 2,500 shares of the company's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $64.00, for a total transaction of $160,000.00. Following the sale, the senior vice president directly owned 10,627 shares of the company's stock, valued at $680,128. The trade was a 19.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company's stock.

OneMain Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 10th were given a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend was Monday, August 10th. OneMain's dividend payout ratio (DPR) is presently 63.25%.

OneMain Company Profile

OneMain Holdings, Inc NYSE: OMF is a consumer finance company that provides personal lending and related financial products to consumers in the United States. Its primary business operates under the OneMain Financial brand and focuses on serving individuals who may not be fully served by traditional banks.

OneMain offers unsecured and secured personal loans, including loans used for debt consolidation, home improvements, major purchases and other personal expenses. The company also provides optional insurance and debt-cancellation products, as well as credit-related services designed to complement its lending business.

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