Truist Financial Has Lowered Expectations for OneMain (NYSE:OMF) Stock Price

OneMain (NYSE:OMF) had its price target cut by Truist Financial from $75.00 to $73.00 in a report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the financial services provider’s stock. Truist Financial’s price target suggests a potential upside of 18.54% from the company’s previous close.

Several other brokerages also recently issued reports on OMF. Citigroup reissued a “market outperform” rating on shares of OneMain in a research note on Monday, November 24th. Evercore set a $75.00 price target on OneMain in a research report on Tuesday, January 6th. Royal Bank Of Canada increased their price objective on OneMain from $70.00 to $73.00 and gave the stock an “outperform” rating in a research note on Friday. TD Cowen reaffirmed a “buy” rating on shares of OneMain in a research note on Thursday, January 8th. Finally, Wells Fargo & Company dropped their target price on OneMain from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Friday. Nine research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $71.70.

OneMain Trading Down 1.1%

OMF stock opened at $61.58 on Friday. OneMain has a one year low of $38.00 and a one year high of $71.93. The firm has a 50-day moving average of $66.57 and a two-hundred day moving average of $61.33. The firm has a market capitalization of $7.25 billion, a PE ratio of 9.37, a P/E/G ratio of 0.35 and a beta of 1.33.

OneMain (NYSE:OMF) last released its earnings results on Thursday, February 5th. The financial services provider reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.04. The business 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 period last year, the firm posted $1.16 earnings per share. On average, equities research analysts anticipate that OneMain will post 6.46 earnings per share for the current year.

Insider Activity

In other OneMain news, CEO Douglas H. Shulman sold 57,500 shares of OneMain stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 174,100 shares in the company, valued at $11,910,181. The trade was a 24.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction of $40,424.00. Following the completion of the sale, the senior vice president directly owned 15,179 shares of the company’s stock, valued at $941,098. This represents a 4.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is owned by insiders.

Institutional Investors Weigh In On OneMain

Institutional investors and hedge funds have recently modified their holdings of the business. Root Financial Partners LLC acquired a new position in OneMain during the third quarter worth $26,000. Activest Wealth Management boosted its stake in shares of OneMain by 1,102.1% during the 3rd quarter. Activest Wealth Management now owns 577 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 529 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of OneMain during the 4th quarter valued at about $36,000. Bayforest Capital Ltd increased its holdings in shares of 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 acquiring an additional 574 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in OneMain by 57.5% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 718 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 262 shares during the last quarter. Institutional investors and hedge funds own 85.82% of the company’s stock.

Key OneMain News

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

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.