OneMain Holdings Inc (OMF) Receives $34.80 Average PT from Brokerages
Shares of OneMain Holdings Inc (NYSE:OMF) have earned a consensus rating of “Hold” from the fifteen brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $34.80.
A number of research analysts have recently commented on the stock. Jefferies Group reissued a “buy” rating and issued a $48.00 price objective on shares of OneMain in a research report on Thursday, January 11th. Bank of America raised shares of OneMain from a “neutral” rating to a “buy” rating and set a $41.00 price objective for the company in a research report on Thursday, January 4th. JPMorgan Chase & Co. downgraded shares of OneMain from a “neutral” rating to an “underweight” rating and set a $25.00 price objective for the company. in a research report on Friday, January 12th. ValuEngine raised shares of OneMain from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Compass Point raised shares of OneMain from a “neutral” rating to a “buy” rating in a research report on Thursday, January 4th.
In other news, Director Wesley R. Edens sold 1,000,000 shares of the firm’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $26.00, for a total transaction of $26,000,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Fortress Investment Group Llc sold 7,500,000 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $25.10, for a total transaction of $188,250,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,500,000 shares of company stock valued at $474,250,000. 57.73% of the stock is currently owned by corporate insiders.
Shares of OneMain (OMF) traded up $0.10 on Tuesday, hitting $33.10. 539,622 shares of the stock were exchanged, compared to its average volume of 1,177,760. OneMain has a 52 week low of $21.72 and a 52 week high of $35.11. The company has a market cap of $4,480.08, a P/E ratio of 26.27, a PEG ratio of 1.48 and a beta of 2.72.
OneMain (NYSE:OMF) last announced 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). OneMain had a net margin of 4.85% and a return on equity of 14.15%. The firm had revenue of $808.00 million during the quarter, compared to the consensus estimate of $800.50 million. During the same period last year, the business earned $0.90 EPS. The business’s revenue was up 4.9% on a year-over-year basis. equities research analysts forecast that OneMain will post 3.52 earnings per share for the current year.
TRADEMARK VIOLATION WARNING: “OneMain Holdings Inc (OMF) Receives $34.80 Average PT from Brokerages” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.thecerbatgem.com/2018/01/21/onemain-holdings-inc-omf-receives-34-80-average-pt-from-brokerages.html.
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.
Receive News & Ratings for OneMain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneMain and related companies with MarketBeat.com's FREE daily email newsletter.