OneMain Holdings, Inc. (NYSE:OMF) has earned a consensus recommendation of “Hold” from the nineteen analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $29.60.
Several analysts have weighed in on OMF shares. Stephens upgraded shares of OneMain Holdings from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $29.00 to $35.00 in a research note on Wednesday, August 23rd. Barclays PLC set a $30.00 price objective on shares of OneMain Holdings and gave the stock a “hold” rating in a research note on Friday, August 4th. Zacks Investment Research cut shares of OneMain Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Jefferies Group LLC restated a “buy” rating and issued a $39.00 target price (up from $30.00) on shares of OneMain Holdings in a research report on Wednesday, August 9th. Finally, ValuEngine cut shares of OneMain Holdings from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 14th.
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Institutional investors have recently made changes to their positions in the stock. Federated Investors Inc. PA grew its holdings in shares of OneMain Holdings by 46.7% during the 2nd quarter. Federated Investors Inc. PA now owns 436,425 shares of the financial services provider’s stock valued at $10,731,000 after purchasing an additional 138,948 shares during the last quarter. Omega Advisors Inc. grew its holdings in shares of OneMain Holdings by 10.3% during the 1st quarter. Omega Advisors Inc. now owns 944,057 shares of the financial services provider’s stock valued at $23,460,000 after purchasing an additional 88,047 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of OneMain Holdings by 73.5% during the 2nd quarter. American Century Companies Inc. now owns 654,916 shares of the financial services provider’s stock valued at $16,104,000 after purchasing an additional 277,433 shares during the last quarter. Lucus Advisors LLC bought a new stake in shares of OneMain Holdings during the 1st quarter valued at approximately $401,000. Finally, Russell Investments Group Ltd. grew its holdings in shares of OneMain Holdings by 73.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 98,052 shares of the financial services provider’s stock valued at $2,411,000 after purchasing an additional 41,531 shares during the last quarter. 95.68% of the stock is currently owned by institutional investors.
OneMain Holdings (NYSE:OMF) traded up 0.03% on Friday, reaching $28.88. 342,856 shares of the company traded hands. The stock has a 50-day moving average price of $27.52 and a 200-day moving average price of $25.27. OneMain Holdings has a 52-week low of $16.03 and a 52-week high of $31.70. The firm has a market cap of $3.91 billion, a P/E ratio of 31.02 and a beta of 2.84.
OneMain Holdings (NYSE:OMF) last issued its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.08). OneMain Holdings had a return on equity of 14.31% and a net margin of 3.63%. The business had revenue of $569.00 million during the quarter, compared to analyst estimates of $631.92 million. During the same quarter last year, the firm earned $0.96 EPS. Analysts anticipate that OneMain Holdings will post $3.76 earnings per share for the current fiscal year.
OneMain Holdings Company Profile
OneMain Holdings, Inc is a financial services holding company. The Company is a consumer finance company, which is engaged in providing personal loan products; credit and non-credit insurance, and service loans owned by it and service or subservice loans owned by third-parties. The Company’s segments include Consumer and Insurance; Acquisitions and Servicing; Real Estate, and Other.
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