Northland Securities Expects Reduced Earnings for OneMain

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

Other equities analysts have also recently issued reports about the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of OneMain in a research report on Tuesday, July 7th. Barclays cut their price objective on OneMain from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. Wells Fargo & Company decreased their target price on OneMain from $70.00 to $65.00 and set an “equal weight” rating for the company in a research note on Thursday, April 9th. BTIG Research reaffirmed a “neutral” rating on shares of OneMain in a report on Thursday, April 16th. Finally, Royal Bank Of Canada boosted their price target on shares of OneMain from $70.00 to $73.00 and gave the stock an “outperform” rating in a research report on Thursday. Eight investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.40.

OneMain Price Performance

OMF opened at $64.61 on Monday. The business has a 50 day moving average price of $58.56 and a two-hundred day moving average price of $57.62. The company has a market capitalization of $7.43 billion, a price-to-earnings ratio of 9.73, a price-to-earnings-growth ratio of 0.48 and a beta of 1.21. OneMain has a 1-year low of $45.78 and a 1-year high of $71.93.

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

Institutional Trading of OneMain

Several large investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its position in shares of OneMain by 117.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 374 shares of the financial services provider’s stock worth $25,000 after buying an additional 202 shares during the period. Core Wealth Advisors LLC acquired a new position in OneMain during the fourth quarter valued at $31,000. Atlantic Union Bankshares Corp purchased a new stake in OneMain in the 4th quarter worth about $36,000. Transamerica Financial Advisors LLC lifted its stake in OneMain by 88.2% in the 4th quarter. Transamerica Financial Advisors LLC now owns 670 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 314 shares in the last quarter. Finally, Spire Wealth Management boosted its position in OneMain by 83.2% during the 4th quarter. Spire Wealth Management now owns 700 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 318 shares during the period. 85.82% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at OneMain

In other OneMain news, COO Micah R. Conrad sold 5,000 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $62.00, for a total transaction of $310,000.00. Following the sale, the chief operating officer owned 96,250 shares in the company, valued at approximately $5,967,500. The trade was a 4.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Michael A. Hedlund sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $64.00, for a total transaction of $160,000.00. Following the completion of the sale, the senior vice president owned 10,627 shares of the company’s stock, valued at approximately $680,128. This trade represents a 19.04% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 9,348 shares of company stock worth $584,576 in the last three months. 0.29% of the stock is currently owned by company insiders.

OneMain Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 10th will be issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Monday, August 10th. OneMain’s payout ratio is presently 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.