OneMain (OMF) to Release Earnings on Friday

OneMain (NYSE:OMF - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Friday, July 25th. Analysts expect OneMain to post earnings of $1.25 per share and revenue of $1.19 billion for the quarter.

OneMain (NYSE:OMF - Get Free Report) last announced its earnings results on Tuesday, April 29th. The financial services provider reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.17. The company had revenue of $188.00 million during the quarter, compared to analyst estimates of $1.16 billion. OneMain had a net margin of 11.06% and a return on equity of 19.30%. The firm's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.45 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 Trading Up 0.6%

OneMain stock opened at $57.55 on Friday. OneMain has a 1-year low of $38.00 and a 1-year high of $60.12. The firm has a market cap of $6.85 billion, a P/E ratio of 12.17, a P/E/G ratio of 0.49 and a beta of 1.32. The firm has a 50-day moving average of $54.22 and a 200-day moving average of $52.00.

OneMain Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 9th were issued a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 7.23%. The ex-dividend date was Friday, May 9th. OneMain's dividend payout ratio is currently 87.95%.

Insider Buying and Selling

In related news, CEO Douglas H. Shulman sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $52.56, for a total transaction of $1,051,200.00. Following the completion of the sale, the chief executive officer owned 323,925 shares of the company's stock, valued at $17,025,498. This trade represents a 5.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Micah R. Conrad sold 3,000 shares of the firm's stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $60.00, for a total value of $180,000.00. Following the completion of the transaction, the chief operating officer owned 98,007 shares in the company, valued at $5,880,420. This represents a 2.97% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 100,000 shares of company stock worth $5,082,190. 0.40% of the stock is owned by insiders.

Institutional Investors Weigh In On OneMain

Several hedge funds have recently added to or reduced their stakes in OMF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of OneMain during the 1st quarter worth approximately $2,037,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of OneMain by 2.1% during the first 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 purchasing an additional 9,067 shares in the last quarter. Finally, Focus Partners Wealth grew its position in OneMain by 101.8% in the first quarter. Focus Partners Wealth now owns 8,737 shares of the financial services provider's stock worth $427,000 after acquiring an additional 4,407 shares in the last quarter. Institutional investors own 85.82% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their price target on shares of OneMain from $50.00 to $63.00 and gave the company an "overweight" rating in a report on Friday, July 11th. Wells Fargo & Company upped their price target on shares of OneMain from $53.00 to $60.00 and gave the company an "equal weight" rating in a research note on Tuesday. JMP Securities reissued a "market outperform" rating and set a $65.00 price target on shares of OneMain in a report on Wednesday, April 30th. Northland Capmk raised shares of OneMain from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. Finally, Evercore ISI assumed coverage on shares of OneMain in a research report on Tuesday, March 25th. They set an "in-line" rating and a $58.00 price target for the company. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, OneMain currently has an average rating of "Moderate Buy" and a consensus price target of $60.78.

About OneMain

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.

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