OneMain (OMF) Set to Announce Earnings on Tuesday

OneMain (NYSE:OMF - Get Free Report) will post its quarterly earnings results before the market opens on Tuesday, April 30th. Analysts expect OneMain to post earnings of $1.43 per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

OneMain (NYSE:OMF - Get Free Report) last issued its quarterly earnings data on Wednesday, February 7th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $0.02. The firm had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $913.90 million. OneMain had a net margin of 14.04% and a return on equity of 21.07%. During the same period in the prior year, the company posted $1.56 earnings per share. On average, analysts expect OneMain to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

OneMain Price Performance

NYSE:OMF traded up $1.26 during trading hours on Tuesday, reaching $50.42. The company's stock had a trading volume of 820,719 shares, compared to its average volume of 1,026,940. The company has a market cap of $6.04 billion, a price-to-earnings ratio of 9.48, a price-to-earnings-growth ratio of 0.67 and a beta of 1.65. OneMain has a one year low of $33.67 and a one year high of $51.65. The business's 50-day moving average is $48.26 and its 200-day moving average is $45.00.

OneMain Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Tuesday, February 20th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 7.93%. The ex-dividend date was Friday, February 16th. OneMain's dividend payout ratio (DPR) is 75.19%.

Analyst Ratings Changes

OMF has been the subject of a number of recent analyst reports. JMP Securities restated a "market outperform" rating and set a $57.00 price target on shares of OneMain in a report on Wednesday, April 17th. Piper Sandler cut shares of OneMain from an "overweight" rating to a "neutral" rating and decreased their price objective for the stock from $55.00 to $49.00 in a research note on Thursday, February 8th. Northland Securities cut shares of OneMain from an "outperform" rating to a "market perform" rating and increased their price target for the company from $46.00 to $49.00 in a research note on Wednesday, January 17th. JPMorgan Chase & Co. increased their price target on shares of OneMain from $47.00 to $51.00 and gave the company an "overweight" rating in a research note on Wednesday, April 3rd. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of OneMain in a research note on Wednesday, January 10th. They issued a "buy" rating and a $68.00 price objective on the stock. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $51.54.

OneMain Company Profile

OneMain Holdings, Inc, a financial service holding company, engages in the consumer finance and insurance businesses in the United States. It originates, underwrites, and services personal loans secured by automobiles, other titled collateral, or unsecured. The company also offers credit cards; optional credit insurance products, including life, disability, and involuntary unemployment insurance; optional non-credit insurance; guaranteed asset protection coverage as a waiver product or insurance; and membership plans.