Wall Street analysts expect OneMain Holdings, Inc. (NYSE:OMF) to report $651.87 million in sales for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for OneMain’s earnings, with the lowest sales estimate coming in at $630.00 million and the highest estimate coming in at $674.00 million. OneMain posted sales of $567.00 million in the same quarter last year, which would indicate a positive year over year growth rate of 15%. The company is scheduled to issue its next quarterly earnings report on Monday, February 12th.

According to Zacks, analysts expect that OneMain will report full-year sales of $651.87 million for the current year, with estimates ranging from $2.35 billion to $2.53 billion. For the next fiscal year, analysts anticipate that the business will post sales of $2.75 billion per share, with estimates ranging from $2.70 billion to $2.85 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that that provide coverage for OneMain.

OneMain (NYSE:OMF) last posted its quarterly earnings data on Wednesday, November 1st. The financial services provider reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.14). The firm had revenue of $808.00 million for the quarter, compared to analysts’ expectations of $800.50 million. OneMain had a net margin of 4.85% and a return on equity of 14.15%. The firm’s revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.90 EPS.

OMF has been the subject of a number of analyst reports. BMO Capital Markets restated a “buy” rating on shares of OneMain in a research report on Monday, November 6th. ValuEngine upgraded OneMain from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Bank of America set a $35.00 price target on OneMain and gave the stock a “buy” rating in a research report on Friday, October 13th. Jefferies Group restated a “buy” rating and issued a $39.00 price target (up previously from $30.00) on shares of OneMain in a research report on Wednesday, August 9th. Finally, Zacks Investment Research upgraded OneMain from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Nine investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $32.21.

In other OneMain news, Director Wesley R. Edens sold 10,000,000 shares of OneMain stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $26.00, for a total transaction of $260,000,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 57.73% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OMF. Dimensional Fund Advisors LP raised its stake in shares of OneMain by 8.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 867,924 shares of the financial services provider’s stock valued at $21,570,000 after buying an additional 67,625 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of OneMain by 6.8% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 216,318 shares of the financial services provider’s stock valued at $5,376,000 after buying an additional 13,809 shares during the last quarter. State Street Corp raised its stake in shares of OneMain by 3.0% during the 1st quarter. State Street Corp now owns 664,651 shares of the financial services provider’s stock valued at $16,516,000 after buying an additional 19,612 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of OneMain by 2.6% during the 1st quarter. Public Employees Retirement System of Ohio now owns 12,981 shares of the financial services provider’s stock valued at $323,000 after buying an additional 334 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of OneMain by 73.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 98,052 shares of the financial services provider’s stock valued at $2,411,000 after purchasing an additional 41,531 shares in the last quarter. Institutional investors and hedge funds own 95.85% of the company’s stock.

Shares of OneMain (OMF) traded up $0.28 on Monday, reaching $26.09. The company’s stock had a trading volume of 1,885,800 shares, compared to its average volume of 642,097. The stock has a market capitalization of $3,530.14, a PE ratio of 7.95, a price-to-earnings-growth ratio of 1.48 and a beta of 2.72. OneMain has a fifty-two week low of $20.14 and a fifty-two week high of $33.39.

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About OneMain

OneMain Holdings, Inc is a financial services holding company. The Company is a consumer finance company, which is engaged in providing personal loan products; credit and non-credit insurance, and service loans owned by it and service or subservice loans owned by third-parties. The Company’s segments include Consumer and Insurance; Acquisitions and Servicing; Real Estate, and Other.

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Earnings History and Estimates for OneMain (NYSE:OMF)

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