Northland Securities Cuts Earnings Estimates for OneMain

OneMain Holdings, Inc. (NYSE:OMF) – Analysts at Northland Securities dropped their FY2026 EPS estimates for shares of OneMain in a report issued on Thursday, February 5th. Northland Securities analyst M. Grondahl now anticipates that the financial services provider will post earnings of $7.70 per share for the year, down from their previous estimate of $7.74. The consensus estimate for OneMain’s current full-year earnings is $6.46 per share.

OneMain (NYSE:OMF) last posted its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.04. The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.28 billion. OneMain had a net margin of 14.35% and a return on equity of 23.96%. During the same period in the prior year, the business posted $1.16 EPS.

A number of other equities research analysts have also recently issued reports on the company. JPMorgan Chase & Co. dropped their price objective on OneMain from $65.00 to $63.00 and set an “underweight” rating on the stock in a research note on Friday. Citizens Jmp dropped their price target on shares of OneMain from $70.00 to $68.00 and set a “market outperform” rating on the stock in a research report on Monday, November 24th. Wells Fargo & Company cut their price target on shares of OneMain from $75.00 to $70.00 and set an “equal weight” rating for the company in a research note on Friday. Evercore set a $75.00 price objective on shares of OneMain in a research note on Tuesday, January 6th. Finally, Wall Street Zen cut shares of OneMain from a “buy” rating to a “hold” rating in a report on Sunday, January 18th. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $71.70.

OneMain Stock Performance

Shares of NYSE OMF opened at $62.10 on Monday. The stock has a 50 day moving average price of $66.56 and a 200 day moving average price of $61.37. The stock has a market capitalization of $7.31 billion, a PE ratio of 9.45, a price-to-earnings-growth ratio of 0.35 and a beta of 1.33. OneMain has a 52 week low of $38.00 and a 52 week high of $71.93.

Hedge Funds Weigh In On OneMain

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in OneMain by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 11,970,406 shares of the financial services provider’s stock valued at $675,849,000 after purchasing an additional 249,785 shares during the period. Capital International Investors boosted its position in shares of OneMain by 0.8% in the third quarter. Capital International Investors now owns 10,376,590 shares of the financial services provider’s stock valued at $585,868,000 after acquiring an additional 82,202 shares during the period. Brave Warrior Advisors LLC grew its stake in shares of OneMain by 7.2% in the second quarter. Brave Warrior Advisors LLC now owns 7,870,085 shares of the financial services provider’s stock valued at $448,595,000 after acquiring an additional 526,449 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of OneMain by 1.6% in the third quarter. Dimensional Fund Advisors LP now owns 3,980,031 shares of the financial services provider’s stock valued at $224,723,000 after acquiring an additional 63,774 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in OneMain by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 2,422,562 shares of the financial services provider’s stock worth $164,017,000 after acquiring an additional 15,941 shares during the period. Institutional investors own 85.82% of the company’s stock.

Insider Transactions at OneMain

In other OneMain news, CEO Douglas H. Shulman sold 57,500 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $68.41, for a total value of $3,933,575.00. Following the transaction, the chief executive officer directly owned 174,100 shares of the company’s stock, valued at $11,910,181. This represents a 24.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Michael A. Hedlund sold 652 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $62.00, for a total value of $40,424.00. Following the sale, the senior vice president owned 15,179 shares of the company’s stock, valued at approximately $941,098. This represents a 4.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.40% of the company’s stock.

OneMain Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 23rd. Stockholders of record on Tuesday, February 17th will be given a $1.05 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $4.20 annualized dividend and a dividend yield of 6.8%. OneMain’s dividend payout ratio is presently 63.93%.

About OneMain

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.