Equities Analysts Issue Forecasts for OneMain Q2 Earnings

OneMain Holdings, Inc. (NYSE:OMF) – Investment analysts at Northland Securities lowered their Q2 2026 earnings per share (EPS) estimates for shares of OneMain in a note issued to investors on Monday, July 20th. Northland Securities analyst M. Grondahl now expects that the financial services provider will earn $1.30 per share for the quarter, down from their prior estimate of $1.72. The consensus estimate for OneMain’s current full-year earnings is $7.14 per share. Northland Securities also issued estimates for OneMain’s Q3 2026 earnings at $2.02 EPS, FY2026 earnings at $7.39 EPS, Q1 2027 earnings at $1.84 EPS and Q2 2027 earnings at $1.90 EPS.

Several other research firms also recently issued reports on OMF. Truist Financial decreased their price objective on shares of OneMain from $73.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Evercore set a $66.00 target price on shares of OneMain in a report on Monday, July 6th. TD Cowen boosted their target price on shares of OneMain from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Wells Fargo & Company decreased their price target on shares of OneMain from $70.00 to $65.00 and set an “equal weight” rating for the company in a report on Thursday, April 9th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of OneMain in a research report on Thursday, April 16th. Eight research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.80.

OneMain Stock Down 0.2%

NYSE:OMF opened at $59.86 on Wednesday. OneMain has a 12 month low of $45.78 and a 12 month high of $71.93. The firm has a market cap of $6.92 billion, a price-to-earnings ratio of 8.91, a P/E/G ratio of 0.46 and a beta of 1.22. The company’s 50 day moving average is $57.22 and its 200-day moving average is $58.04.

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

Institutional Investors Weigh In On OneMain

Several hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new position in OneMain in the 4th quarter valued at approximately $100,312,000. Janus Henderson Group PLC increased its position in shares of OneMain by 70.4% during 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 purchasing an additional 1,047,263 shares during the period. Azora Capital LP increased its position in shares of OneMain by 210.7% during the fourth quarter. Azora Capital LP now owns 1,362,934 shares of the financial services provider’s stock valued at $92,066,000 after purchasing an additional 924,302 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of 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 purchasing an additional 713,670 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of OneMain by 47.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,855,709 shares of the financial services provider’s stock valued at $125,353,000 after purchasing an additional 596,455 shares in the last quarter. Institutional investors own 85.82% of the company’s stock.

Insider Buying and Selling at OneMain

In related news, COO Micah R. Conrad sold 5,000 shares of the company’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $310,000.00. Following the completion of the transaction, the chief operating officer directly owned 96,250 shares in the company, valued at $5,967,500. This represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Michael A. Hedlund sold 1,848 shares of the stock in a transaction on Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $114,576.00. Following the completion of the sale, the senior vice president directly owned 13,127 shares of the company’s stock, valued at approximately $813,874. This trade represents a 12.34% decrease in their ownership of the stock. 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. 0.29% of the stock is owned by corporate insiders.

OneMain Dividend Announcement

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

OneMain News Roundup

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: Northland Securities’ longer-term outlook was relatively constructive, with estimates for FY2027 earnings of $8.30 per share and Q3 2027 EPS of $2.21, suggesting expectations for improved profitability over time.
• Positive Sentiment: The company previously beat last quarter’s estimates, posting $1.95 EPS versus $1.86 expected and revenue of $1.58 billion versus $1.27 billion expected, which supports confidence in OneMain’s ability to outperform when results are released.
• Neutral Sentiment: Analysts on average still expect OneMain to earn $7.19 per share for the current fiscal year, indicating the market is watching whether management can stay near that target despite softer near-term projections.
• Negative Sentiment: Northland Securities cut its Q2 2026 EPS estimate to $1.30 from $1.72 and trimmed FY2026 EPS to $7.39 from $7.76, reinforcing concerns that the next report could show some earnings softness.
• Negative Sentiment: The Zacks preview specifically said OneMain lacks the combination of factors typically associated with an earnings beat, which may be contributing to the stock’s recent weakness.

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.