OneMain (NYSE:OMF) Releases Quarterly Earnings Results

OneMain (NYSE:OMF) released its quarterly earnings results on Friday. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.09, Briefing.com reports. OneMain had a net margin of 14.35% and a return on equity of 23.76%. The company had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same period last year, the company earned $1.72 EPS. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year.

Here are the key takeaways from OneMain’s conference call:

• OneMain reported solid first-quarter results with C&I adjusted EPS $1.95 (+13% YoY), GAAP EPS $1.93 (+8% YoY), revenue and receivables each up ~6% YoY, capital generation $194M, and management reiterated full?year 2026 targets (managed receivables +6–9%, C&I net charge?offs 7.4%–7.9%, OPEX ratio ?6.6%).
• Credit is mixed — early delinquencies improved but a small “back book” (~5% of portfolio) now represents ~14% of 30+ delinquencies and is running roughly 2x expected delinquency, a headwind management expects to fade as vintages burn off.
• Newer businesses are scaling — auto receivables +14% YoY to $2.8B and credit card receivables +45% YoY to ~ $1B with cards now profitable and yielding ~33.9%, which management says will drive future revenue but will add loss/reserve pressure as the portfolio grows.
• Funding and capital position remain strong — executed an $850M 3?year ABS at 4.63%, maintain $7.5B in bank lines, net leverage 5.4x (inside 4–6x target), paid $105M in buybacks in Q1 and continue a $4.20 annual dividend, signaling continued shareholder returns.

OneMain Stock Down 3.6%

Shares of OMF stock traded down $2.13 during trading hours on Friday, hitting $56.64. 1,811,281 shares of the company were exchanged, compared to its average volume of 1,508,966. OneMain has a 1 year low of $45.78 and a 1 year high of $71.93. The firm has a fifty day moving average of $55.12 and a 200 day moving average of $60.06. The firm has a market cap of $6.64 billion, a PE ratio of 8.62, a PEG ratio of 0.42 and a beta of 1.30.

OneMain Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, May 11th will be issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Monday, May 11th. OneMain’s dividend payout ratio is presently 63.93%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on OMF. Royal Bank Of Canada raised their price target on shares of OneMain from $70.00 to $73.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Stephens decreased their price target on shares of OneMain to $76.00 and set an “overweight” rating on the stock in a research note on Friday, February 6th. Wall Street Zen cut shares of OneMain from a “buy” rating to a “hold” rating in a research note on Sunday, January 18th. JPMorgan Chase & Co. decreased their price target on shares of OneMain from $63.00 to $55.00 and set an “underweight” rating on the stock in a research note on Thursday, April 9th. Finally, Truist Financial decreased their price target on shares of OneMain from $75.00 to $73.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $67.44.

Trending Headlines about OneMain

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: EPS and revenue beat consensus — Q1 adjusted EPS ~$1.95 beat estimates and revenue came in above expectations, signaling continued profitability and margin strength. Press Release — Q1 Results
• Positive Sentiment: Board declared a $1.05 quarterly dividend (ex-dividend May 11; yield ~7.4%), which supports income investors and can underpin the share price for yield?oriented holders. PR Newswire — Dividend & Results
• Neutral Sentiment: Market writeups and the earnings snapshot provide varied framing — some outlets describe sales as “in line” with estimates, which may temper enthusiasm despite the beat. Yahoo Finance — Q1 Sales In Line
• Neutral Sentiment: Full earnings call transcript and slide deck are available for detail on loan portfolio trends, credit performance and capital deployment; investors should review management commentary for forward signals. Seeking Alpha — Earnings Call Transcript
• Negative Sentiment: Some analysts and commentary emphasized modest top?line growth (revenue up ~6.7% Y/Y) or framed results as mixed, and technicals may be pressuring the stock — the shares are trading below the 200?day moving average, which can prompt short?term selling by technical traders. Zacks — Key Metrics vs Estimates

Insider Buying and Selling

In related news, COO Micah R. Conrad sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $60.00, for a total value of $300,000.00. Following the transaction, the chief operating officer owned 101,250 shares in the company, valued at approximately $6,075,000. This trade represents a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its holdings in OneMain by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,033,871 shares of the financial services provider’s stock valued at $272,490,000 after buying an additional 53,840 shares during the period. Janus Henderson Group PLC raised its holdings in OneMain by 70.4% in the fourth quarter. Janus Henderson Group PLC now owns 2,534,271 shares of the financial services provider’s stock valued at $171,210,000 after buying an additional 1,047,263 shares during the period. State Street Corp raised its holdings in OneMain by 2.3% in the fourth quarter. State Street Corp now owns 2,305,246 shares of the financial services provider’s stock valued at $155,719,000 after buying an additional 51,592 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in OneMain by 57.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,965,244 shares of the financial services provider’s stock valued at $110,958,000 after buying an additional 713,670 shares during the period. Finally, AQR Capital Management LLC raised its holdings in OneMain by 23.0% in the fourth quarter. AQR Capital Management LLC now owns 1,612,101 shares of the financial services provider’s stock valued at $108,897,000 after buying an additional 301,666 shares during the period. Hedge funds and other institutional investors own 85.82% of the company’s stock.

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.