OneMain Financial
OMF
Market cap $5.72B

47.75 USD

-0.28

0.58%

At close Oct 17, 4:00 PM EDT

1 day

-0.58%

5 days

4.37%

1 month

-1.61%

3 months

-9.13%

6 months

1.08%

Year to date

-3.34%

1 year

22.40%

5 years

31.15%

About: OneMain Holdings Inc is engaged in nonprime consumer finance companies in the United States and is one of only a few companies in the consumer installment lending industry. It formed after a transaction brought together two branch-based consumer finance companies with complementary strategies and locations. Its services include providing personal loan products, offering credit and noncredit insurance, servicing loans, pursuing strategic acquisitions and dispositions of assets and businesses, and on occasion, establishing joint ventures or forming strategic alliances. The company's one reportable segment is consumer and insurance. In addition to hundreds of branches, the company also has an online business. The main source of revenue is net interest income.

Employees: 9,100

Financials Personal Credit Institutions

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 9 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

79% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 38

41% more repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 105

12.62% more ownership

Funds ownership: 73.69% [Q1] → 86.31% (+12.62%) [Q2]

9% more funds holding

Funds holding: 343 [Q1] → 373 (+30) [Q2]

1% less capital invested

Capital invested by funds: $5.07B [Q1] → $5B (-$67M) [Q2]

20% less funds holding in top 10

Funds holding in top 10: 10 [Q1] → 8 (-2) [Q2]

20% less call options, than puts

Call options by funds: $69.3M | Put options by funds: $86.6M

See Fund Rankings

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$46

4%

downside

Avg. target

$55

16%

upside

High target

$60

26%

upside

9 analyst ratings

6 positive

67%

3 neutral

33%

0 negative

0%

RBC Capital Kenneth Lee 71% 1-year accuracy 34 / 48 met price target	21%upside $58	Outperform Reiterated	16 Oct 2024
JMP Securities David Scharf 67% 1-year accuracy 36 / 54 met price target	26%upside $60	Market Outperform Reiterated	14 Oct 2024
Wells Fargo Michael Kaye 67% 1-year accuracy 2 / 3 met price target	3%upside $49	Equal-Weight Maintained	14 Oct 2024
RBC Capital Kenneth Lee 71% 1-year accuracy 34 / 48 met price target	21%upside $58	Outperform Maintained	10 Oct 2024
Barclays Terry Ma 50% 1-year accuracy 8 / 16 met price target	4%downside $46	Equal-Weight Downgraded	8 Oct 2024

See Analyst Rankings

Financial journalist opinion

OneMain Holdings Announces Date of Third Quarter 2024 Earnings Release and Conference Call

NEW YORK , Oct. 8, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its third quarter 2024 results before the market opens on Wednesday, October 30, 2024. The earnings release will be available on OneMain's investor relations website at https://investor.onemainfinancial.com/.

OneMain Holdings Announces Date of Third Quarter 2024 Earnings Release and Conference Call

OneMain Holdings to Present at Barclays Global Financial Services Conference

NEW YORK , Sept. 3, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, will present at the Barclays 22nd Annual Global Financial Services Conference at 9:45 a.m.

OneMain Holdings to Present at Barclays Global Financial Services Conference

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OneMain Financial: Stock Still A Buy Despite Economic Weakness

OneMain Financial beat earnings expectations and grew revenue, but investors are concerned about the economy, leading to a 15% drop in share prices. Higher interest rates boosted net interest income, but an increase in the provision for finance losses led to a drop in income before taxes. Despite risks associated with consumer credit loans, OneMain Financial's cash flow from operations in the first half of 2024 was sufficient to cover dividend obligations and support loan growth.

OneMain Financial: Stock Still A Buy Despite Economic Weakness

Pagaya Announces New Lending Partnership with OneMain Financial

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (the “Company” or “Pagaya”), a global technology company delivering AI-driven product solutions for the financial ecosystem, and OneMain Financial (NYSE: OMF) ("OneMain"), the leader in offering nonprime consumers responsible access to credit, today announced a new partnership. Pagaya's proprietary, AI-driven lending technology enables fintechs, banks, and other loan originators to provide broader credit access for their customer.

Pagaya Announces New Lending Partnership with OneMain Financial

OneMain Holdings, Inc. (OMF) Q2 2024 Earnings Call Transcript

OneMain Holdings, Inc. (NYSE:OMF ) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Peter Poillon - Head, IR Doug Shulman - Chairman & CEO Jenny Osterhout - CFO Conference Call Participants Terry Ma - Barclays Moshe Orenbuch - TD Cowen Michael Kaye - Wells Fargo Rick Shane - JPMorgan Mihir Bhatia - Bank of America John Rowan - Janney Vincent Caintic - BTIG Mark DeVries - Deutsche Bank David Scharf - Citizens JMP Operator Please standby we're about to begin. Welcome to the OneMain Financial Second Quarter 2024 Earnings Conference Call and Webcast.

OneMain Holdings, Inc. (OMF) Q2 2024 Earnings Call Transcript

OneMain Q2 Results: Very Encouraging Credit Trends (Upgrade)

OneMain Holdings, Inc. reported solid second quarter results, beating earnings estimates and showing growth in loans. Despite concerns about lower-income consumers, OneMain Financial is tightening credit standards and managing credit risk well, which has resulted in better delinquencies. While leverage is a bit high, its dividend is secure, and investors are being paid to wait, making OneMain Holdings stock attractive at 9x earnings.

OneMain Q2 Results: Very Encouraging Credit Trends (Upgrade)

Zacks Investment Research

OneMain (OMF) Reports Q2 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for OneMain (OMF) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

OneMain (OMF) Reports Q2 Earnings: What Key Metrics Have to Say

Zacks Investment Research

OneMain Holdings (OMF) Surpasses Q2 Earnings and Revenue Estimates

OneMain Holdings (OMF) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.01 per share a year ago.

OneMain Holdings (OMF) Surpasses Q2 Earnings and Revenue Estimates

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