Northland Securities Lowers Earnings Estimates for OneMain

OneMain Holdings, Inc. (NYSE:OMF) – Equities researchers at Northland Securities cut their FY2026 earnings per share estimates for OneMain in a report issued on Friday, September 25th. Northland Securities analyst M. Grondahl now anticipates that the financial services provider will post earnings of $6.56 per share for the year, down from their prior estimate of $7.10. The consensus estimate for OneMain’s current full-year earnings is $6.95 per share. Northland Securities also issued estimates for OneMain’s Q4 2026 earnings at $1.80 EPS and FY2027 earnings at $8.32 EPS.

Other analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of OneMain in a research note on Friday, July 10th. Truist Financial increased their price target on shares of OneMain from $70.00 to $71.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Bank of America reduced their price objective on shares of OneMain from $71.00 to $67.00 and set a “buy” rating for the company in a research report on Monday. Citigroup reaffirmed a “market outperform” rating on shares of OneMain in a report on Thursday, July 30th. Finally, Evercore set a $66.00 target price on OneMain in a research report on Monday, July 6th. Nine analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.27.

OneMain Stock Performance

Shares of OMF opened at $56.35 on Monday. The stock has a market capitalization of $6.48 billion, a P/E ratio of 8.49, a P/E/G ratio of 0.44 and a beta of 1.22. The company’s fifty day moving average is $62.32 and its two-hundred day moving average is $58.34. OneMain has a 1 year low of $45.78 and a 1 year high of $71.93.

OneMain (NYSE:OMF) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.31 EPS for the quarter, topping the consensus estimate of $1.26 by $0.05. OneMain had a return on equity of 23.49% and a net margin of 13.92%.The business had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the prior year, the business earned $1.45 earnings per share. The company’s quarterly revenue was up 6.7% compared to the same quarter last year.

Hedge Funds Weigh In On OneMain

Several hedge funds have recently bought and sold shares of the company. QRG Capital Management Inc. raised its holdings in OneMain by 10.4% during the second quarter. QRG Capital Management Inc. now owns 53,192 shares of the financial services provider’s stock worth $3,243,000 after purchasing an additional 5,025 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of OneMain by 0.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 59,206 shares of the financial services provider’s stock worth $3,609,000 after buying an additional 280 shares during the last quarter. State Street Corp boosted its position in shares of OneMain by 1.8% in the 2nd quarter. State Street Corp now owns 2,451,937 shares of the financial services provider’s stock worth $149,495,000 after buying an additional 42,917 shares in the last quarter. Cidel Asset Management Inc. acquired a new stake in OneMain in the 2nd quarter valued at about $213,000. Finally, Integrated Wealth Concepts LLC increased its holdings in OneMain by 49.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 22,710 shares of the financial services provider’s stock valued at $1,385,000 after acquiring an additional 7,512 shares in the last quarter. 85.82% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at OneMain

In other news, SVP Michael A. Hedlund sold 2,500 shares of OneMain stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $64.00, for a total transaction of $160,000.00. Following the completion of the sale, the senior vice president directly owned 10,627 shares in the company, valued at approximately $680,128. This trade represents a 19.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Micah R. Conrad sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $65.40, for a total value of $327,000.00. Following the sale, the chief operating officer directly owned 91,250 shares in the company, valued at $5,967,750. This trade represents a 5.19% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by insiders.

OneMain Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 10th were paid a $1.05 dividend. The ex-dividend date was Monday, August 10th. This represents a $4.20 annualized dividend and a dividend yield of 7.5%. OneMain’s dividend payout ratio (DPR) is 63.25%.

OneMain News Roundup

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: Bank of America maintained a Buy rating on OneMain despite reducing its price target to $67 from $71. The revised target still implies roughly 19% upside from the recently quoted share price, which may provide support for the stock. BofA Securities Adjusts OneMain Price Target to $67 From $71, Maintains Buy Rating
• Neutral Sentiment: Northland Securities raised its Q1 2027 EPS forecast for OneMain to $1.84 from $1.82, above the firm’s prior estimate and indicating some confidence in the company’s longer-term earnings trajectory. Northland Securities Reduces Earnings Estimates for OneMain
• Negative Sentiment: Northland cut its Q3 2026 EPS estimate sharply to $1.50 from $1.85. The reduction signals weaker expected near-term profitability and is the most direct negative catalyst in the recent analyst coverage, even though the company’s current-year consensus remains $7.03 per share. Northland Securities Estimates OneMain FY2026 Earnings

About OneMain

OneMain Holdings, Inc (NYSE: OMF) is a consumer finance company that provides personal lending and related financial products to consumers in the United States. Its primary business operates under the OneMain Financial brand and focuses on serving individuals who may not be fully served by traditional banks.

OneMain offers unsecured and secured personal loans, including loans used for debt consolidation, home improvements, major purchases and other personal expenses. The company also provides optional insurance and debt-cancellation products, as well as credit-related services designed to complement its lending business.