JPMorgan Chase & Co. Issues Pessimistic Forecast for OneMain (NYSE:OMF) Stock Price

OneMain (NYSE:OMF) had its target price reduced by equities researchers at JPMorgan Chase & Co. from $65.00 to $63.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “underweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 2.31% from the stock’s previous close.

Several other brokerages also recently issued reports on OMF. Citigroup reaffirmed a “market outperform” rating on shares of OneMain in a report on Monday, November 24th. Wall Street Zen downgraded OneMain from a “buy” rating to a “hold” rating in a research report on Sunday, January 18th. Truist Financial lowered their target price on OneMain from $75.00 to $73.00 and set a “buy” rating on the stock in a report on Friday. JMP Securities set a $68.00 price target on OneMain in a research report on Monday, November 24th. Finally, Royal Bank Of Canada upped their price objective on OneMain from $70.00 to $73.00 and gave the company an “outperform” rating in a research report on Friday. Nine investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $71.70.

OneMain Price Performance

OneMain stock opened at $61.58 on Friday. The stock’s 50 day moving average price is $66.57 and its 200 day moving average price is $61.33. OneMain has a 1-year low of $38.00 and a 1-year high of $71.93. The company has a market cap of $7.25 billion, a PE ratio of 9.37, a price-to-earnings-growth ratio of 0.35 and a beta of 1.33.

OneMain (NYSE:OMF) last released 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 firm had revenue of $1.61 billion for 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 quarter in the previous year, the firm earned $1.16 earnings per share. On average, equities research analysts anticipate that OneMain will post 6.46 EPS for the current fiscal year.

Insider Transactions at OneMain

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

Hedge Funds Weigh In On OneMain

A number of hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC bought a new position in OneMain in the third quarter worth about $26,000. Atlantic Union Bankshares Corp acquired a new stake in shares of OneMain during the 4th quarter worth approximately $36,000. Activest Wealth Management lifted its holdings in shares of OneMain by 1,102.1% in the 3rd quarter. Activest Wealth Management now owns 577 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 529 shares during the last quarter. Bayforest Capital Ltd boosted its position in OneMain by 591.8% during the 3rd quarter. Bayforest Capital Ltd now owns 671 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 574 shares during the period. Finally, Spire Wealth Management grew its stake 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 buying an additional 318 shares during the last quarter. 85.82% of the stock is currently owned by institutional investors and hedge funds.

OneMain News Summary

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: Q4 beat — OMF reported adjusted EPS above consensus and strong revenue growth (Q4 EPS beat and revenue well ahead of estimates), showing solid operating leverage and higher pretax/net income versus the prior year. PR Newswire: Q4 results
• Positive Sentiment: Dividend boost — The board declared a $1.05 quarterly dividend (ex-dividend Feb. 17), implying a roughly 6.7% yield, which supports income-focused holders and can underpin demand for the shares.
• Positive Sentiment: Resilient loan/credit performance — Management emphasized resilient loan growth and credit trends in the Q4 review and deep-dive coverage, suggesting core business momentum even as they remain cautious on the outlook. Yahoo Finance: Q4 deep dive
• Neutral Sentiment: Analyst nuance — Truist trimmed its target from $75 to $73 but kept a “buy” rating (still implying material upside), reflecting mixed analyst views rather than a consensus sell signal. Benzinga: Truist note
• Negative Sentiment: JPMorgan downgrade/target cut — JPMorgan lowered its price target to $63 and moved to an “underweight” stance, reducing demand from a major institutional channel and signaling skepticism on near-term upside. Benzinga: JPMorgan note
• Negative Sentiment: Costs & provisions rising — Coverage flagged that while net interest income rose, year-over-year expense and provision increases weighed on the stock after the print; investors are focused on whether margins and credit costs stabilize. Zacks: NII, costs, provisions

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.