Northland Securities Lowers Earnings Estimates for OneMain

OneMain Holdings, Inc. (NYSE:OMF) – Research analysts at Northland Securities cut their Q4 2026 EPS estimates for shares of OneMain in a note issued to investors on Monday, July 20th. Northland Securities analyst M. Grondahl now forecasts that the financial services provider will post earnings of $2.11 per share for the quarter, down from their previous forecast of $2.13. The consensus estimate for OneMain’s current full-year earnings is $7.19 per share. Northland Securities also issued estimates for OneMain’s Q3 2027 earnings at $2.21 EPS, Q4 2027 earnings at $2.35 EPS and FY2027 earnings at $8.30 EPS.

OneMain (NYSE:OMF) last released its quarterly earnings data on Friday, May 1st. The financial services provider reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.09. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.27 billion. OneMain had a return on equity of 24.24% and a net margin of 14.38%.The business’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.72 EPS.

OMF has been the subject of several other reports. Barclays dropped their price target on OneMain from $61.00 to $60.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 7th. Wells Fargo & Company reduced their price objective on OneMain from $70.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of OneMain in a research report on Friday, July 10th. Evercore set a $66.00 price target on shares of OneMain in a report on Monday, July 6th. Finally, JPMorgan Chase & Co. reduced their price target on shares of OneMain from $63.00 to $55.00 and set an “underweight” rating on the stock in a research report on Thursday, April 9th. Eight investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, OneMain presently has a consensus rating of “Moderate Buy” and an average target price of $67.80.

OneMain Trading Down 0.2%

Shares of OneMain stock opened at $60.06 on Tuesday. The business’s fifty day moving average price is $57.07 and its 200 day moving average price is $58.10. OneMain has a twelve month low of $45.78 and a twelve month high of $71.93. The stock has a market capitalization of $6.94 billion, a P/E ratio of 8.94, a PEG ratio of 0.46 and a beta of 1.22.

OneMain Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 11th were given a $1.05 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $4.20 annualized dividend and a yield of 7.0%. OneMain’s dividend payout ratio (DPR) is 62.50%.

Insider Activity

In other OneMain news, SVP Michael A. Hedlund sold 1,848 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 $114,576.00. Following the transaction, the senior vice president owned 13,127 shares in the company, valued at $813,874. The trade was a 12.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $310,000.00. Following the transaction, the chief operating officer owned 96,250 shares in the company, valued at approximately $5,967,500. This represents a 4.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On OneMain

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its holdings in OneMain by 25.4% in the 2nd quarter. GAMMA Investing LLC now owns 2,273 shares of the financial services provider’s stock worth $139,000 after acquiring an additional 460 shares during the period. Essential Partners LLC raised its stake in shares of OneMain by 49.7% during the first quarter. Essential Partners LLC now owns 1,722 shares of the financial services provider’s stock valued at $92,000 after purchasing an additional 572 shares during the period. Ariadne Wealth Management LP raised its stake in shares of OneMain by 7.3% during the first quarter. Ariadne Wealth Management LP now owns 3,763 shares of the financial services provider’s stock valued at $201,000 after purchasing an additional 255 shares during the period. Bank of America Corp DE raised its stake in shares of OneMain by 117.8% during the first quarter. Bank of America Corp DE now owns 843,912 shares of the financial services provider’s stock valued at $45,141,000 after purchasing an additional 456,470 shares during the period. Finally, Janus Henderson Group PLC lifted its position in shares of OneMain by 7.7% during the first quarter. Janus Henderson Group PLC now owns 2,729,862 shares of the financial services provider’s stock worth $146,030,000 after purchasing an additional 195,591 shares in the last quarter. 85.82% of the stock is owned by institutional investors and hedge funds.

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.