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 6,831 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
20% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 40
13% more funds holding in top 10
Funds holding in top 10: 8 [Q2] → 9 (+1) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 135
1% more funds holding
Funds holding: 372 [Q2] → 375 (+3) [Q3]
0.74% less ownership
Funds ownership: 86.84% [Q2] → 86.09% (-0.74%) [Q3]
2% less call options, than puts
Call options by funds: $75.6M | Put options by funds: $77.5M
4% less capital invested
Capital invested by funds: $5.04B [Q2] → $4.85B (-$188M) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$57
3%
upside
Avg. target
$59
5%
upside
High target
$62
12%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Wells Fargo Michael Kaye 75% 1-year accuracy 3 / 4 met price target | 3%upside $57 | Equal-Weight Maintained | 21 Jan 2025 |
RBC Capital Kenneth Lee 80% 1-year accuracy 47 / 59 met price target | 12%upside $62 | Outperform Reiterated | 16 Jan 2025 |
JP Morgan Richard Shane 65% 1-year accuracy 43 / 66 met price target | 4%upside $58 | Overweight Maintained | 14 Jan 2025 |
Stephens & Co. Kyle Joseph 43% 1-year accuracy 3 / 7 met price target | 3%upside $57 | Overweight Initiated | 13 Nov 2024 |
Financial journalist opinion
Based on 10 articles about OMF published over the past 30 days
Neutral
Seeking Alpha
11 hours 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
14 hours 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
17 hours 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
19 hours 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
21 hours 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
3 days 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 week 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.
Neutral
PRNewsWire
3 weeks ago
OneMain Holdings Announces Date of Fourth Quarter 2024 Earnings Release and Conference Call
NEW YORK , Jan. 10, 2025 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its fourth quarter 2024 results before the market opens on Friday, January 31, 2025. The earnings release will be available on OneMain's investor relations website at http://investor.onemainfinancial.com.
Neutral
Business Wire
3 weeks ago
KBRA Assigns Preliminary Ratings to OneMain Direct Auto Receivables Trust 2025-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by OneMain Direct Auto Receivables Trust 2025-1 (“ODART 2025-1”), an auto loan ABS transaction. ODART 2025-1 will issue four classes of notes totaling $500.0 million. The preliminary ratings reflect initial credit enhancement levels ranging from 30.25% for the Class A notes to 3.26% for the Class D notes. This transaction represents the first auto loan ABS securitization issued by OneMain Finance Corpora.
Positive
Zacks Investment Research
3 weeks ago
Will OneMain (OMF) Beat Estimates Again in Its Next Earnings Report?
OneMain (OMF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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