OneMain (NYSE:OMF) Price Target Cut to $73.00 by Analysts at Truist Financial

OneMain (NYSE:OMF) had its price objective cut by Truist Financial from $75.00 to $73.00 in a report published on Friday,Benzinga reports. They currently have a buy rating on the financial services provider’s stock.

A number of other brokerages have also recently weighed in on OMF. JPMorgan Chase & Co. reissued an “underweight” rating and set a $65.00 price target (up from $59.00) on shares of OneMain in a research report on Monday, January 12th. Weiss Ratings reiterated a “buy (b-)” rating on shares of OneMain in a report on Monday, December 29th. Royal Bank Of Canada boosted their target price on OneMain from $70.00 to $73.00 and gave the company an “outperform” rating in a research note on Friday. Citigroup reaffirmed a “market outperform” rating on shares of OneMain in a research report on Monday, November 24th. Finally, Wells Fargo & Company cut their price objective on OneMain from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Friday. Nine analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, OneMain has an average rating of “Moderate Buy” and an average price target of $71.70.

OneMain Stock Performance

OMF opened at $61.58 on Friday. The company has a fifty day moving average price of $66.57 and a two-hundred day moving average price of $61.30. The firm has a market capitalization of $7.25 billion, a PE ratio of 9.37, a P/E/G ratio of 0.35 and a beta of 1.33. OneMain has a 52 week low of $38.00 and a 52 week high of $71.93.

OneMain (NYSE:OMF) last announced its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.04. OneMain had a return on equity of 23.96% and a net margin of 14.35%.The business had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the previous year, the firm earned $1.16 earnings per share. Equities analysts forecast that OneMain will post 6.46 EPS for the current year.

OneMain Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 23rd. Investors of record on Tuesday, February 17th will be given a $1.05 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $4.20 annualized dividend and a yield of 6.8%. OneMain’s payout ratio is 71.19%.

Insider Activity at OneMain

In other OneMain news, SVP Michael A. Hedlund sold 652 shares of the firm’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $62.00, for a total value of $40,424.00. Following the sale, the senior vice president owned 15,179 shares of the company’s stock, valued at $941,098. This trade represents a 4.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas H. Shulman sold 57,500 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $68.41, for a total value of $3,933,575.00. Following the transaction, the chief executive officer directly owned 174,100 shares in the company, valued at $11,910,181. This trade represents a 24.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On OneMain

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in shares of OneMain by 2.1% in the third quarter. Vanguard Group Inc. now owns 11,970,406 shares of the financial services provider’s stock worth $675,849,000 after acquiring an additional 249,785 shares during the period. Capital International Investors boosted its position in OneMain by 0.8% in the third quarter. Capital International Investors now owns 10,376,590 shares of the financial services provider’s stock worth $585,868,000 after purchasing an additional 82,202 shares during the last quarter. Brave Warrior Advisors LLC grew its stake in shares of OneMain by 7.2% during the 2nd quarter. Brave Warrior Advisors LLC now owns 7,870,085 shares of the financial services provider’s stock valued at $448,595,000 after purchasing an additional 526,449 shares during the period. Dimensional Fund Advisors LP increased its position in shares of OneMain by 1.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,980,031 shares of the financial services provider’s stock valued at $224,723,000 after purchasing an additional 63,774 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of OneMain by 0.7% in the 2nd quarter. Geode Capital Management LLC now owns 2,276,830 shares of the financial services provider’s stock worth $130,075,000 after purchasing an additional 16,469 shares during the period. Institutional investors own 85.82% of the company’s stock.

OneMain News Roundup

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: Q4 beat — OMF reported adjusted EPS above consensus and strong revenue growth (Q4 EPS beat and revenue well ahead of estimates), showing solid operating leverage and higher pretax/net income versus the prior year. PR Newswire: Q4 results
• Positive Sentiment: Dividend boost — The board declared a $1.05 quarterly dividend (ex-dividend Feb. 17), implying a roughly 6.7% yield, which supports income-focused holders and can underpin demand for the shares.
• Positive Sentiment: Resilient loan/credit performance — Management emphasized resilient loan growth and credit trends in the Q4 review and deep-dive coverage, suggesting core business momentum even as they remain cautious on the outlook. Yahoo Finance: Q4 deep dive
• Neutral Sentiment: Analyst nuance — Truist trimmed its target from $75 to $73 but kept a “buy” rating (still implying material upside), reflecting mixed analyst views rather than a consensus sell signal. Benzinga: Truist note
• Negative Sentiment: JPMorgan downgrade/target cut — JPMorgan lowered its price target to $63 and moved to an “underweight” stance, reducing demand from a major institutional channel and signaling skepticism on near-term upside. Benzinga: JPMorgan note
• Negative Sentiment: Costs & provisions rising — Coverage flagged that while net interest income rose, year-over-year expense and provision increases weighed on the stock after the print; investors are focused on whether margins and credit costs stabilize. Zacks: NII, costs, provisions

OneMain Company Profile

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.