Northland Capmk Analysts Lower Earnings Estimates for OneMain Holdings, Inc. (NYSE:OMF)

OneMain Holdings, Inc. (NYSE:OMF) – Equities researchers at Northland Capmk dropped their Q1 2025 EPS estimates for shares of OneMain in a note issued to investors on Wednesday, September 18th. Northland Capmk analyst M. Grondahl now expects that the financial services provider will post earnings of $1.41 per share for the quarter, down from their previous forecast of $1.48. The consensus estimate for OneMain’s current full-year earnings is $5.20 per share. Northland Capmk also issued estimates for OneMain’s Q2 2025 earnings at $1.27 EPS, Q3 2025 earnings at $1.49 EPS, Q4 2025 earnings at $1.97 EPS and FY2025 earnings at $6.14 EPS.

Several other brokerages have also weighed in on OMF. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of OneMain from $64.00 to $61.00 and set a “buy” rating for the company in a report on Tuesday, July 9th. BTIG Research began coverage on shares of OneMain in a report on Friday, June 7th. They issued a “neutral” rating for the company. Northland Securities lifted their price target on shares of OneMain from $53.00 to $55.00 and gave the company a “market perform” rating in a report on Thursday, August 1st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $60.00 price target on shares of OneMain in a report on Tuesday. Finally, JMP Securities lifted their price target on shares of OneMain from $59.00 to $60.00 and gave the company a “market outperform” rating in a report on Tuesday, July 16th. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $55.25.

OneMain Price Performance

Shares of OMF stock opened at $49.08 on Friday. The firm has a market cap of $5.88 billion, a P/E ratio of 9.57, a P/E/G ratio of 0.72 and a beta of 1.56. OneMain has a 1-year low of $35.00 and a 1-year high of $54.94. The firm has a fifty day moving average of $48.23 and a two-hundred day moving average of $48.77.

OneMain (NYSE:OMF) last announced its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.12. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $918.74 million. OneMain had a net margin of 12.33% and a return on equity of 20.63%. During the same period last year, the business earned $1.01 EPS.

Institutional Trading of OneMain

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of OneMain by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 12,317,755 shares of the financial services provider’s stock worth $629,314,000 after buying an additional 373,900 shares in the last quarter. Capital International Investors raised its position in shares of OneMain by 10.2% during the 1st quarter. Capital International Investors now owns 9,570,103 shares of the financial services provider’s stock worth $488,937,000 after buying an additional 889,387 shares in the last quarter. Brave Warrior Advisors LLC raised its position in shares of OneMain by 21.1% during the 4th quarter. Brave Warrior Advisors LLC now owns 6,416,800 shares of the financial services provider’s stock worth $315,707,000 after buying an additional 1,118,166 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of OneMain by 9.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,288,643 shares of the financial services provider’s stock worth $159,465,000 after purchasing an additional 270,207 shares in the last quarter. Finally, Clearbridge Investments LLC raised its holdings in shares of OneMain by 1.3% in the 2nd quarter. Clearbridge Investments LLC now owns 1,914,355 shares of the financial services provider’s stock worth $92,827,000 after purchasing an additional 24,338 shares in the last quarter. 85.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling at OneMain

In other OneMain news, COO Micah R. Conrad sold 1,614 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $50.00, for a total transaction of $80,700.00. Following the completion of the transaction, the chief operating officer now directly owns 110,411 shares of the company’s stock, valued at approximately $5,520,550. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other OneMain news, COO Micah R. Conrad sold 1,614 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $50.00, for a total transaction of $80,700.00. Following the sale, the chief operating officer now directly owns 110,411 shares in the company, valued at approximately $5,520,550. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Michael A. Hedlund sold 2,400 shares of the business’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $50.00, for a total transaction of $120,000.00. Following the sale, the senior vice president now owns 20,947 shares in the company, valued at $1,047,350. The disclosure for this sale can be found here. Insiders sold 32,300 shares of company stock valued at $1,534,275 in the last ninety days. Company insiders own 0.45% of the company’s stock.

OneMain Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Monday, August 12th were paid a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 8.48%. The ex-dividend date of this dividend was Monday, August 12th. OneMain’s payout ratio is 81.09%.

OneMain Company Profile

OneMain Holdings, Inc, a financial service holding company, engages in the consumer finance and insurance businesses in the United States. It originates, underwrites, and services personal loans secured by automobiles, other titled collateral, or unsecured. The company also offers credit cards; optional credit insurance products, including life, disability, and involuntary unemployment insurance; optional non-credit insurance; guaranteed asset protection coverage as a waiver product or insurance; and membership plans.