Northland Securities Forecasts Higher Earnings for OneMain

Key Points

• Northland Securities raised its Q2 2026 EPS estimate for OneMain from $1.56 to $1.72 and now forecasts Q3 $1.96 and FY2026 $7.76 EPS.
• OneMain reported a quarterly EPS of $1.95, topping the $1.86 consensus, with revenue of $1.58 billion (vs. $1.28B expected), a 14.38% net margin and 24.25% ROE.
• The company declared a quarterly dividend of $1.05 (annualized $4.20), yielding 7.6% with a payout ratio of 62.5% and an ex-dividend date of May 11.

OneMain Holdings, Inc. (NYSE:OMF - Free Report) - Equities researchers at Northland Securities lifted their Q2 2026 earnings estimates for OneMain in a research note issued to investors on Friday, May 1st. Northland Securities analyst M. Grondahl now expects that the financial services provider will post earnings of $1.72 per share for the quarter, up from their prior estimate of $1.56. The consensus estimate for OneMain's current full-year earnings is $7.49 per share. Northland Securities also issued estimates for OneMain's Q3 2026 earnings at $1.96 EPS and FY2026 earnings at $7.76 EPS.

OneMain (NYSE:OMF - Get Free Report) last released its quarterly earnings data on Friday, May 1st. The financial services provider reported $1.95 EPS for the quarter, topping analysts' consensus estimates of $1.86 by $0.09. OneMain had a net margin of 14.38% and a return on equity of 24.25%. The firm had revenue of $1.58 billion during the quarter, compared to analysts' expectations of $1.28 billion. During the same period in the previous year, the business posted $1.72 earnings per share. The company's revenue for the quarter was up 6.7% compared to the same quarter last year.

A number of other equities analysts have also recently commented on OMF. Barclays reduced their price objective on shares of OneMain from $62.00 to $61.00 and set an "equal weight" rating for the company in a research report on Monday. Truist Financial reduced their price objective on shares of OneMain from $75.00 to $73.00 and set a "buy" rating for the company in a research report on Friday, February 6th. Wells Fargo & Company reduced their price objective on shares of OneMain from $70.00 to $65.00 and set an "equal weight" rating for the company in a research report on Thursday, April 9th. BTIG Research reaffirmed a "neutral" rating on shares of OneMain in a research report on Thursday, April 16th. Finally, Royal Bank Of Canada reduced their price objective on shares of OneMain from $73.00 to $70.00 and set an "outperform" rating for the company in a research report on Monday. Eight investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $68.30.

OneMain Price Performance

OMF stock opened at $55.15 on Tuesday. The company has a fifty day moving average price of $55.12 and a two-hundred day moving average price of $60.14. OneMain has a one year low of $45.78 and a one year high of $71.93. The stock has a market cap of $6.46 billion, a price-to-earnings ratio of 8.21, a price-to-earnings-growth ratio of 0.41 and a beta of 1.27.

OneMain Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 11th will be given a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $4.20 annualized dividend and a yield of 7.6%. OneMain's dividend payout ratio is currently 62.50%.

Insiders Place Their Bets

In related news, COO Micah R. Conrad sold 5,000 shares of the company's stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $60.00, for a total transaction of $300,000.00. Following the completion of the sale, the chief operating officer owned 101,250 shares of the company's stock, valued at $6,075,000. This represents a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On OneMain

Several institutional investors and hedge funds have recently bought and sold shares of OMF. JPMorgan Chase & Co. lifted its holdings in shares of OneMain by 33.5% in the third quarter. JPMorgan Chase & Co. now owns 289,943 shares of the financial services provider's stock worth $16,370,000 after acquiring an additional 72,688 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of OneMain by 24.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 259,803 shares of the financial services provider's stock worth $17,945,000 after acquiring an additional 50,521 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in shares of OneMain by 84.2% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 234,521 shares of the financial services provider's stock worth $13,241,000 after acquiring an additional 107,204 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of OneMain by 43.1% in the third quarter. D.A. Davidson & CO. now owns 34,385 shares of the financial services provider's stock worth $1,941,000 after acquiring an additional 10,357 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of OneMain in the third quarter worth about $907,000. Institutional investors own 85.82% of the company's stock.

OneMain Company Profile

OneMain Financial NYSE: OMF is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.

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