OneMain Holdings, Inc. (NYSE:OMF) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts give OneMain a consensus rating of Moderate Buy (10 analysts: 7 buys, 2 holds, 1 sell) with an average 12‑month target of $67.44, though recent price‑target revisions range broadly (~$55–$76), showing mixed views.
• OneMain beat quarterly expectations (EPS $1.59 vs. $1.55; revenue $1.61B) and paid a quarterly dividend of $1.05—annualized $4.20 for a 7.5% yield—while trading at a P/E of 8.51 and a market cap of about $6.55B.

Shares of OneMain Holdings, Inc. (NYSE:OMF - Get Free Report) have been given a consensus rating of "Moderate Buy" by the ten analysts that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $67.4444.

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company reduced their price objective on shares of OneMain from $70.00 to $65.00 and set an "equal weight" rating on the stock in a research report on Thursday. Stephens cut their price objective on OneMain to $76.00 and set an "overweight" rating for the company in a research report on Friday, February 6th. Royal Bank Of Canada raised their price objective on OneMain from $70.00 to $73.00 and gave the company an "outperform" rating in a research report on Friday, February 6th. JPMorgan Chase & Co. cut their price objective on OneMain from $63.00 to $55.00 and set an "underweight" rating for the company in a research report on Thursday. Finally, Truist Financial cut their price objective on OneMain from $75.00 to $73.00 and set a "buy" rating for the company in a research report on Friday, February 6th.

OneMain Price Performance

OneMain stock opened at $55.94 on Friday. The stock has a market cap of $6.55 billion, a P/E ratio of 8.51, a PEG ratio of 0.41 and a beta of 1.30. OneMain has a 1 year low of $41.40 and a 1 year high of $71.93. The firm's 50 day moving average price is $55.55 and its 200-day moving average price is $59.87.

OneMain (NYSE:OMF - Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.04. The firm had revenue of $1.61 billion for the quarter, compared to analysts' expectations of $1.28 billion. OneMain had a net margin of 14.35% and a return on equity of 23.76%. During the same quarter last year, the business posted $1.16 earnings per share. As a group, equities analysts expect that OneMain will post 6.46 EPS for the current year.

OneMain Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 23rd. Stockholders of record on Tuesday, February 17th were given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date was Tuesday, February 17th. OneMain's dividend payout ratio is currently 63.93%.

Insider Activity at OneMain

In other news, COO Micah R. Conrad sold 5,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $58.00, for a total transaction of $290,000.00. Following the completion of the transaction, the chief operating officer directly owned 106,250 shares in the company, valued at approximately $6,162,500. This represents a 4.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.40% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of OMF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of OneMain during the 1st quarter valued at approximately $2,037,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of OneMain by 2.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 442,598 shares of the financial services provider's stock valued at $21,634,000 after buying an additional 9,067 shares in the last quarter. Focus Partners Wealth raised its position in shares of OneMain by 101.8% during the 1st quarter. Focus Partners Wealth now owns 8,737 shares of the financial services provider's stock valued at $427,000 after buying an additional 4,407 shares in the last quarter. Prudential Financial Inc. raised its position in shares of OneMain by 32.9% during the 2nd quarter. Prudential Financial Inc. now owns 9,492 shares of the financial services provider's stock valued at $541,000 after buying an additional 2,350 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of OneMain by 26.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 19,644 shares of the financial services provider's stock valued at $1,119,000 after buying an additional 4,084 shares in the last quarter. 85.82% of the stock is currently owned by institutional investors.

About OneMain

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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