OneMain Financial
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
0
Funds holding %
of 7,363 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
128% more call options, than puts
Call options by funds: $118M | Put options by funds: $51.9M
65% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 48
45% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 114
19% more capital invested
Capital invested by funds: $4.85B [Q3] → $5.77B (+$921M) [Q4]
7% more funds holding
Funds holding: 376 [Q3] → 401 (+25) [Q4]
6.17% more ownership
Funds ownership: 86.08% [Q3] → 92.26% (+6.17%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 9 [Q3] → 9 (+0) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$57
22%
upside
Avg. target
$61
32%
upside
High target
$65
39%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
RBC Capital Kenneth Lee 51% 1-year accuracy 29 / 57 met price target | 39%upside $65 | Outperform Maintained | 3 Feb 2025 |
Stephens & Co. Kyle Joseph 40% 1-year accuracy 4 / 10 met price target | 33%upside $62 | Overweight Reiterated | 3 Feb 2025 |
JMP Securities David Scharf 55% 1-year accuracy 27 / 49 met price target | 39%upside $65 | Market Outperform Reiterated | 3 Feb 2025 |
Wells Fargo Michael Kaye 75% 1-year accuracy 3 / 4 met price target | 22%upside $57 | Equal-Weight Maintained | 21 Jan 2025 |
JP Morgan Richard Shane 58% 1-year accuracy 36 / 62 met price target | 24%upside $58 | Overweight Maintained | 14 Jan 2025 |
Financial journalist opinion
Negative
Seeking Alpha
1 week ago
OneMain: Hold Now, Fairly Valued Yet Bearish
OneMain Holdings, Inc. shows modest revenue growth and stable margins despite higher credit loss provisions and increased operating expenses. The company enjoys robust loan growth and improved credit trends, but delinquencies warrant caution. OMF's stock appears expensive relative to its valuation metrics, with technical indicators suggesting potential downside risks.
Neutral
PRNewsWire
1 month ago
OneMain Holdings to Present at Bank of America Securities 2025 Financial Services Conference
NEW YORK , Feb. 6, 2025 /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 Bank of America Securities 2025 Financial Services Conference at 11:20 a.m. Eastern on Wednesday, February 12.
Neutral
Zacks Investment Research
1 month ago
OneMain Holdings Q4 Earnings Beat on Higher NII, Stock Falls 3.2%
OMF's fourth-quarter 2024 results top estimates on higher NII. However, rise in operating expenses and provisions alongside lower other revenues are woes.
Neutral
Seeking Alpha
1 month ago
OneMain Holdings, Inc. (OMF) Q4 2024 Earnings Call Transcript
OneMain Holdings, Inc. (NYSE:OMF ) Q4 2024 Earnings Conference Call January 31, 2025 9:00 AM ET Company Participants Peter Poillon - Head of Investor Relations Doug Shulman - Chairman and Chief Executive Officer Jenny Osterhout - Executive Vice President and Chief Financial Officer Conference Call Participants Terry Ma - Barclays Moshe Orenbuch - TD Cowen Mark DeVries - Deutsche Bank John Hecht - Jefferies Kyle Joseph - Stephens Michael Kaye - Wells Fargo Mihir Bhatia - Bank of America Operator Welcome to the OneMain Financial Fourth Quarter 2024 Earnings Conference Call and Webcast. Hosting the call today from OneMain is Peter Poillon, Head of Investor Relations.
Positive
Seeking Alpha
1 month ago
OneMain Holdings: At Fair Value Given Modest Credit Improvement (Downgrade)
OneMain Holdings, Inc.'s shares have performed well, but slower credit loss improvement and in-line quarterly results have led to a pullback. The company reported $1.16 EPS, slightly beating estimates, with revenue up 9% to $1.5 billion, but higher credit loss provisions impacted earnings. Improved credit quality due to tighter underwriting, with delinquency rates showing signs of improvement and stable reserves at 11.5% of loans.
Positive
Zacks Investment Research
1 month ago
Here's What Key Metrics Tell Us About OneMain (OMF) Q4 Earnings
The headline numbers for OneMain (OMF) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
OneMain Holdings (OMF) Q4 Earnings and Revenues Beat Estimates
OneMain Holdings (OMF) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.39 per share a year ago.
Neutral
PRNewsWire
1 month ago
ONEMAIN HOLDINGS, INC. REPORTS FOURTH QUARTER 2024 RESULTS
4 Q 2024 Diluted EPS of $1.05 4 Q 2024 C&I adjusted diluted EPS of $1.16 4 Q 2024 Managed receivables of $24.7 billion Declared quarterly dividend of $1.04 per share NEW YORK , Jan. 31, 2025 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $164 million and net income of $126 million for the fourth quarter of 2024, compared to $220 million and $165 million, respectively, in the prior year quarter. Earnings per diluted share were $1.05 in the fourth quarter of 2024, compared to $1.38 in the prior year quarter.
Negative
Zacks Investment Research
1 month ago
3 Stocks to Watch From the Challenging Consumer Loan Industry
Concerns related to higher interest rates and poor asset quality are likely to hurt the Zacks Consumer Loans industry. However, digitization of operations and easing lending standards will support COF, ALLY and OMF.
Positive
Zacks Investment Research
1 month ago
OneMain Holdings (OMF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
OneMain (OMF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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