NYSE:OMF

OneMain (OMF) Stock Price, News & Analysis

$50.00
+0.11 (+0.22%)
(As of 05/17/2024 ET)
Today's Range
$49.74
$50.37
50-Day Range
$46.70
$52.11
52-Week Range
$35.00
$53.65
Volume
622,453 shs
Average Volume
1.03 million shs
Market Capitalization
$5.99 billion
P/E Ratio
9.75
Dividend Yield
8.32%
Price Target
$54.62

OneMain MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
9.2% Upside
$54.62 Price Target
Short Interest
Healthy
3.32% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.08
Upright™ Environmental Score
News Sentiment
1.27mentions of OneMain in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$1.36 M Sold Last Quarter
Proj. Earnings Growth
35.98%
From $5.67 to $7.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.96 out of 5 stars

Finance Sector

12th out of 873 stocks

Personal Credit Institutions Industry

1st out of 14 stocks

OMF stock logo

About OneMain Stock (NYSE:OMF)

OneMain Holdings, Inc. is a leading American financial services holding company committed to providing accessible consumer finance and insurance solutions. With its headquarters in Evansville, Indiana, OneMain Holdings operates through an extensive network of branch offices spanning 44 states in the United States. The company's mission is to bridge the gap in financial inclusion by offering a diverse range of financial products and services to individuals with limited access to traditional lenders such as banks and credit card companies.

OneMain Holdings provides personal loans and optional insurance products to its customers. The company offers various types of loans, including secured loans backed by collateral such as automobiles or other titled assets, as well as unsecured loans. This enables customers to obtain financing for a wide range of purposes, including debt consolidation, home improvement, major purchases, and unexpected expenses. In addition to loans, OneMain Holdings also offers optional insurance products, including life, disability, and involuntary unemployment insurance.

OneMain Holdings empowers individuals by providing accessible financial solutions that meet their unique needs. The company aims to improve the economic well-being of its customers and foster financial inclusion by offering personalized products and services.

OneMain Holdings operates through an extensive network of approximately 1,400 branch offices across 44 states in the United States. This wide geographical presence ensures the company can serve customers in various communities and provide face-to-face interactions for a more personalized customer experience.

OneMain Holdings primarily caters to individuals who face challenges in accessing credit through traditional lending sources. The company's target market includes individuals with limited credit history, low credit scores, or other financial circumstances that may hinder their ability to obtain financing from traditional lenders. By offering accessible financing options, OneMain Holdings empowers its customers to overcome financial barriers and achieve their goals.

The key customers of OneMain Holdings are individuals seeking financial solutions for various purposes. They may include individuals looking to consolidate their debt, make home improvements, fund major purchases, or manage unexpected expenses. OneMain Holdings serves a diverse customer base, ensuring that its financial solutions meet the unique needs of each individual.

OneMain Holdings is led by a highly skilled and experienced management team that drives the company's strategic direction with expertise gained from various backgrounds in the financial services industry. Led by Chairman, President, and Chief Executive Officer Douglas H. Shulman, the team brings a wealth of knowledge and accomplishments to the table. Micah R. Conrad serves as the Executive Vice President and Chief Financial Officer, overseeing the company's financial operations, while Rajive Chadha holds the position of Executive Vice President and Chief Operation Officer. These key executives have played instrumental roles in the company's growth and success. Their collective professional backgrounds, proven track records, and areas of expertise contribute significantly to OneMain Holdings' ability to navigate the competitive landscape and provide quality financial solutions to its customers.

OneMain Holdings has exhibited a strong and consistent financial performance, positioning itself as a leading player in the consumer finance industry. The company has achieved revenue growth over the past few years, indicating its ability to generate income from its diverse financial products and services. The company's healthy profit margin metrics further underscore its ability to generate profits relative to its revenue. When evaluating OneMain Holdings' financial standing, it is vital to consider the long-term trends and compare its performance to broader industry benchmarks, providing insights into its competitiveness and market position. 

OneMain Holdings operates in the personal credit institutions sector of the financial industry. The company competes with other players offering similar financial products and services. Compared to its peers, OneMain Holdings' competitive positioning and advantages contribute to its overall market standing. 

OneMain Holdings has significant growth opportunities within its target market. By leveraging its consumer finance and insurance expertise, the company can expand its customer base and explore new market segments. The company's competitive advantages, including its extensive branch network and digital capabilities, position it well to pursue these opportunities and offer tailored financial solutions to diverse customers.

As with any financial services company, OneMain Holdings faces various risks and challenges. These include economic factors, regulatory changes, credit risks, and market competition. The company's risk management strategies and its ability to adapt to changing market conditions and regulatory environments are key factors in mitigating these risks and ensuring sustainable growth.

OMF Stock Price History

OMF Stock News Headlines

Seaport Global Keeps Their Hold Rating on OneMain Holdings (OMF)
See More Headlines
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Company Calendar

Ex-Dividend for 2/23 Dividend
2/16/2024
Dividend Payable
2/23/2024
Last Earnings
4/30/2024
Ex-Dividend for 5/17 Dividend
5/09/2024
Today
5/17/2024
Dividend Payable
5/17/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
N/A
Employees
9,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$54.62
High Stock Price Target
$68.00
Low Stock Price Target
$49.00
Potential Upside/Downside
+9.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
13 Analysts

Profitability

Net Income
$641 million
Pretax Margin
17.42%

Debt

Sales & Book Value

Annual Sales
$4.56 billion
Cash Flow
$7.60 per share
Book Value
$26.83 per share

Miscellaneous

Free Float
119,366,000
Market Cap
$5.99 billion
Optionable
Optionable
Beta
1.63
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OMF Stock Analysis - Frequently Asked Questions

Should I buy or sell OneMain stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for OneMain in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OMF shares.
View OMF analyst ratings
or view top-rated stocks.

What is OneMain's stock price target for 2024?

13 analysts have issued 12-month target prices for OneMain's shares. Their OMF share price targets range from $49.00 to $68.00. On average, they expect the company's stock price to reach $54.62 in the next year. This suggests a possible upside of 9.2% from the stock's current price.
View analysts price targets for OMF
or view top-rated stocks among Wall Street analysts.

How have OMF shares performed in 2024?

OneMain's stock was trading at $49.20 at the beginning of 2024. Since then, OMF stock has increased by 1.6% and is now trading at $50.00.
View the best growth stocks for 2024 here
.

When is OneMain's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our OMF earnings forecast
.

How were OneMain's earnings last quarter?

OneMain Holdings, Inc. (NYSE:OMF) posted its quarterly earnings results on Tuesday, April, 30th. The financial services provider reported $1.45 EPS for the quarter, topping the consensus estimate of $1.38 by $0.07. The financial services provider had revenue of $1.17 billion for the quarter, compared to analyst estimates of $907.93 million. OneMain had a net margin of 13.29% and a trailing twelve-month return on equity of 20.78%. During the same quarter last year, the company earned $1.46 earnings per share.

How often does OneMain pay dividends? What is the dividend yield for OneMain?

OneMain announced a quarterly dividend on Tuesday, April 30th. Stockholders of record on Friday, May 10th will be given a dividend of $1.04 per share on Friday, May 17th. This represents a $4.16 dividend on an annualized basis and a yield of 8.32%. The ex-dividend date is Thursday, May 9th. This is a boost from the stock's previous quarterly dividend of $1.00.
Read our dividend analysis for OMF
.

Is OneMain a good dividend stock?

OneMain (NYSE:OMF) pays an annual dividend of $4.16 per share and currently has a dividend yield of 8.31%. OMF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 81.09%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, OMF will have a dividend payout ratio of 53.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OMF.

What is Doug Shulman's approval rating as OneMain's CEO?

178 employees have rated OneMain Chief Executive Officer Doug Shulman on Glassdoor.com. Doug Shulman has an approval rating of 72% among the company's employees.

What other stocks do shareholders of OneMain own?

Based on aggregate information from My MarketBeat watchlists, some companies that other OneMain investors own include Verizon Communications (VZ), AT&T (T), Walt Disney (DIS), Energy Transfer (ET), NVIDIA (NVDA), AbbVie (ABBV), Advanced Micro Devices (AMD), InterDigital (IDCC), JPMorgan Chase & Co. (JPM) and Alibaba Group (BABA).

Who are OneMain's major shareholders?

OneMain's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.28%), Capital International Investors (7.99%), Price T Rowe Associates Inc. MD (3.80%), Clearbridge Investments LLC (1.58%), State of Michigan Retirement System (0.95%) and Key Colony Management LLC (0.58%). Insiders that own company stock include Apollo Management Holdings Gp,, Douglas H Shulman, Douglas H Shulman and Micah R Conrad.
View institutional ownership trends
.

How do I buy shares of OneMain?

Shares of OMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:OMF) was last updated on 5/18/2024 by MarketBeat.com Staff

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