Seaport Res Ptn Has Pessimistic View of OneMain Q2 Earnings

OneMain Holdings, Inc. (NYSE:OMF - Free Report) - Investment analysts at Seaport Res Ptn decreased their Q2 2025 earnings estimates for shares of OneMain in a report issued on Tuesday, May 6th. Seaport Res Ptn analyst W. Ryan now forecasts that the financial services provider will earn $1.14 per share for the quarter, down from their prior estimate of $1.22. The consensus estimate for OneMain's current full-year earnings is $6.46 per share. Seaport Res Ptn also issued estimates for OneMain's Q3 2025 earnings at $1.52 EPS, Q4 2025 earnings at $1.62 EPS, FY2025 earnings at $6.00 EPS and FY2026 earnings at $7.60 EPS.

Other equities research analysts have also issued reports about the stock. Royal Bank of Canada increased their target price on shares of OneMain from $62.00 to $65.00 and gave the stock an "outperform" rating in a report on Monday, February 3rd. Northland Securities raised OneMain from a "market perform" rating to an "outperform" rating in a research note on Tuesday, April 8th. JMP Securities reaffirmed a "market outperform" rating and set a $65.00 price target on shares of OneMain in a research report on Wednesday, April 30th. Northland Capmk upgraded OneMain from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. Finally, Evercore ISI assumed coverage on shares of OneMain in a report on Tuesday, March 25th. They set an "in-line" rating and a $58.00 target price on the stock. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $58.40.

OneMain Stock Performance

OMF traded up $0.62 during midday trading on Thursday, reaching $52.42. 411,170 shares of the company were exchanged, compared to its average volume of 1,039,253. The stock has a market capitalization of $6.24 billion, a P/E ratio of 12.36, a PEG ratio of 0.44 and a beta of 1.28. The stock's 50-day simple moving average is $47.21 and its 200 day simple moving average is $51.90. OneMain has a one year low of $38.00 and a one year high of $58.90.

OneMain (NYSE:OMF - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The financial services provider reported $1.72 earnings per share for the quarter, beating analysts' consensus estimates of $1.55 by $0.17. OneMain had a return on equity of 18.39% and a net margin of 10.19%. The company had revenue of $188.00 million for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the business posted $1.45 EPS. The firm's quarterly revenue was up 7.1% on a year-over-year basis.

OneMain Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Friday, May 9th will be given a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a dividend yield of 7.94%. The ex-dividend date is Friday, May 9th. OneMain's dividend payout ratio (DPR) is 87.95%.

Insider Transactions at OneMain

In other news, CEO Douglas H. Shulman sold 25,000 shares of the company's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $47.49, for a total value of $1,187,250.00. Following the sale, the chief executive officer now directly owns 343,925 shares of the company's stock, valued at approximately $16,332,998.25. This represents a 6.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Michael A. Hedlund sold 2,808 shares of OneMain stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $56.09, for a total value of $157,500.72. Following the transaction, the senior vice president now owns 15,831 shares of the company's stock, valued at $887,960.79. The trade was a 15.07% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 67,808 shares of company stock worth $3,344,751 in the last 90 days. Corporate insiders own 0.45% of the company's stock.

Institutional Trading of OneMain

A number of hedge funds have recently made changes to their positions in the business. Ieq Capital LLC bought a new position in OneMain during the fourth quarter worth $896,000. Orion Portfolio Solutions LLC grew its stake in OneMain by 66.5% in the 4th quarter. Orion Portfolio Solutions LLC now owns 17,681 shares of the financial services provider's stock valued at $922,000 after buying an additional 7,060 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in OneMain by 15.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,263 shares of the financial services provider's stock valued at $222,000 after acquiring an additional 569 shares during the period. IFP Advisors Inc raised its holdings in OneMain by 180.0% in the 4th quarter. IFP Advisors Inc now owns 770 shares of the financial services provider's stock valued at $40,000 after acquiring an additional 495 shares during the period. Finally, Principal Financial Group Inc. lifted its position in OneMain by 12.1% during the third quarter. Principal Financial Group Inc. now owns 805,256 shares of the financial services provider's stock worth $37,903,000 after acquiring an additional 87,084 shares during the last quarter. 85.82% of the stock is owned by institutional investors and hedge funds.

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.