Q3 EPS Estimates for OneMain Reduced by Northland Securities

OneMain Holdings, Inc. (NYSE:OMF) – Research analysts at Northland Securities reduced their Q3 2026 earnings per share estimates for shares of OneMain in a report issued on Wednesday, July 29th. Northland Securities analyst M. Grondahl now forecasts that the financial services provider will earn $1.85 per share for the quarter, down from their prior forecast of $2.02. The consensus estimate for OneMain’s current full-year earnings is $7.12 per share.

OneMain (NYSE:OMF) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.05. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.28 billion. OneMain had a net margin of 13.92% and a return on equity of 23.49%. OneMain’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.45 EPS.

OMF has been the topic of several other research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneMain in a research note on Tuesday, July 7th. TD Cowen boosted their target price on OneMain from $66.00 to $68.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Royal Bank Of Canada increased their price target on OneMain from $70.00 to $73.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Wells Fargo & Company dropped their price target on OneMain from $70.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 9th. Finally, Citigroup reiterated a “market outperform” rating on shares of OneMain in a report on Thursday, July 30th. Eight research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, OneMain presently has an average rating of “Moderate Buy” and a consensus price target of $68.40.

OneMain Stock Performance

Shares of NYSE:OMF opened at $65.39 on Monday. The company has a 50 day moving average price of $58.79 and a two-hundred day moving average price of $57.62. The company has a market capitalization of $7.52 billion, a PE ratio of 9.85, a PEG ratio of 0.49 and a beta of 1.21. OneMain has a 52 week low of $45.78 and a 52 week high of $71.93.

Institutional Trading of OneMain

A number of hedge funds and other institutional investors have recently made changes to their positions in OMF. Csenge Advisory Group grew its position in OneMain by 4.1% in the fourth quarter. Csenge Advisory Group now owns 4,239 shares of the financial services provider’s stock valued at $286,000 after purchasing an additional 167 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in OneMain by 4.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,075 shares of the financial services provider’s stock worth $275,000 after buying an additional 174 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in OneMain by 9.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,112 shares of the financial services provider’s stock worth $120,000 after buying an additional 176 shares in the last quarter. New York State Teachers Retirement System boosted its stake in shares of OneMain by 1.7% during the 1st quarter. New York State Teachers Retirement System now owns 11,131 shares of the financial services provider’s stock worth $595,000 after buying an additional 189 shares during the last quarter. Finally, Generali Asset Management SPA SGR boosted its stake in shares of OneMain by 5.9% during the 4th quarter. Generali Asset Management SPA SGR now owns 3,413 shares of the financial services provider’s stock worth $231,000 after buying an additional 190 shares during the last quarter. 85.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at OneMain

In other news, SVP Michael A. Hedlund sold 2,500 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $64.00, for a total value of $160,000.00. Following the sale, the senior vice president directly owned 10,627 shares in the company, valued at $680,128. The trade was a 19.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Micah R. Conrad sold 5,000 shares of the stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $62.00, for a total value of $310,000.00. Following the transaction, the chief operating officer owned 96,250 shares of the company’s stock, valued at approximately $5,967,500. The trade was a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 9,348 shares of company stock worth $584,576. Corporate insiders own 0.29% of the company’s stock.

OneMain Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 10th will be paid a $1.05 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $4.20 annualized dividend and a dividend yield of 6.4%. OneMain’s dividend payout ratio (DPR) is currently 63.25%.

OneMain Company Profile

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.