Seaport Res Ptn Brokers Lower Earnings Estimates for OneMain

OneMain Holdings, Inc. (NYSE:OMF) – Stock analysts at Seaport Res Ptn dropped their FY2025 earnings per share (EPS) estimates for OneMain in a research report issued on Monday, February 3rd. Seaport Res Ptn analyst W. Ryan now anticipates that the financial services provider will post earnings per share of $6.15 for the year, down from their prior estimate of $6.80. The consensus estimate for OneMain’s current full-year earnings is $6.82 per share.

Other equities research analysts have also recently issued reports about the stock. Royal Bank of Canada increased their price objective on shares of OneMain from $62.00 to $65.00 and gave the company an “outperform” rating in a research note on Monday. Stephens reaffirmed an “overweight” rating and issued a $62.00 target price on shares of OneMain in a research report on Monday. JMP Securities reissued a “market outperform” rating and issued a $65.00 price objective on shares of OneMain in a research report on Monday. Wells Fargo & Company upped their target price on shares of OneMain from $52.00 to $57.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 21st. Finally, Compass Point raised their price target on shares of OneMain from $60.00 to $63.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $57.15.

OneMain Stock Up 0.1 %

NYSE:OMF opened at $56.85 on Thursday. OneMain has a fifty-two week low of $41.70 and a fifty-two week high of $58.90. The stock has a market cap of $6.79 billion, a PE ratio of 13.41, a price-to-earnings-growth ratio of 0.48 and a beta of 1.59. The firm’s fifty day simple moving average is $54.69 and its 200-day simple moving average is $50.98.

OneMain Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Wednesday, February 12th will be paid a $1.04 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $4.16 annualized dividend and a dividend yield of 7.32%. OneMain’s dividend payout ratio is currently 98.11%.

Insider Transactions at OneMain

In related news, CEO Douglas H. Shulman sold 20,000 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $54.19, for a total value of $1,083,800.00. Following the completion of the sale, the chief executive officer now directly owns 392,474 shares of the company’s stock, valued at approximately $21,268,166.06. This represents a 4.85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.45% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Legend Financial Advisors Inc. bought a new position in OneMain during the fourth quarter valued at approximately $26,000. FNY Investment Advisers LLC acquired a new stake in OneMain in the 4th quarter worth $26,000. Albion Financial Group UT bought a new position in OneMain during the fourth quarter valued at about $26,000. Continuum Advisory LLC acquired a new position in shares of OneMain in the 3rd quarter valued at $28,000. Finally, IFP Advisors Inc lifted its position in shares of OneMain by 180.0% during the 4th quarter. IFP Advisors Inc now owns 770 shares of the financial services provider’s stock worth $40,000 after buying an additional 495 shares during the period. Institutional investors and hedge funds own 85.82% of the company’s stock.

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.