OneMain (OMF) Projected to Post Earnings on Tuesday

OneMain (NYSE:OMF - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect OneMain to post earnings of $1.57 per share and revenue of $1.16 billion for the quarter.

OneMain Price Performance

OneMain stock opened at $43.69 on Tuesday. The business has a 50 day simple moving average of $48.86 and a 200-day simple moving average of $51.70. OneMain has a 12 month low of $38.00 and a 12 month high of $58.90. The stock has a market capitalization of $5.21 billion, a PE ratio of 10.30, a price-to-earnings-growth ratio of 0.44 and a beta of 1.35.

OneMain Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Wednesday, February 12th were paid a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 9.52%. The ex-dividend date was Wednesday, February 12th. OneMain's dividend payout ratio (DPR) is presently 98.11%.

Analysts Set New Price Targets

A number of brokerages recently commented on OMF. JMP Securities restated a "market outperform" rating and issued a $65.00 price objective on shares of OneMain in a research report on Monday, February 3rd. Wells Fargo & Company increased their price objective on OneMain from $52.00 to $57.00 and gave the stock an "equal weight" rating in a research report on Tuesday, January 21st. Royal Bank of Canada upped their price target on shares of OneMain from $62.00 to $65.00 and gave the stock an "outperform" rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. decreased their price objective on shares of OneMain from $58.00 to $46.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Finally, Evercore ISI assumed coverage on shares of OneMain in a research report on Tuesday, March 25th. They set an "in-line" rating and a $58.00 price target for the company. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $58.17.

Insider Activity at OneMain

In other OneMain news, SVP Michael A. Hedlund sold 2,808 shares of the company's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $56.09, for a total value of $157,500.72. Following the transaction, the senior vice president now directly owns 15,831 shares in the company, valued at approximately $887,960.79. This represents a 15.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.45% of the company's stock.

About OneMain

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.

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