OneMain (NYSE:OMF) Price Target Raised to $70.00 at Citizens Jmp

OneMain (NYSE:OMF) had its target price increased by Citizens Jmp from $68.00 to $70.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a market outperform rating on the financial services provider’s stock.

Other equities research analysts have also recently issued reports about the company. Evercore set a $66.00 target price on OneMain in a research note on Monday, July 6th. Citigroup restated a “market outperform” rating on shares of OneMain in a research report on Thursday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of OneMain in a report on Friday, July 10th. TD Cowen lifted their price objective on shares of OneMain from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Finally, Barclays lowered their price objective on shares of OneMain from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 7th. Eight equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, OneMain presently has a consensus rating of “Moderate Buy” and an average target price of $68.40.

OneMain Trading Up 1.0%

Shares of OMF opened at $63.55 on Thursday. The company has a market capitalization of $7.34 billion, a price-to-earnings ratio of 9.57, a PEG ratio of 0.48 and a beta of 1.22. The stock has a 50 day moving average of $58.16 and a 200 day moving average of $57.66. OneMain has a 12 month low of $45.78 and a 12 month high of $71.93.

OneMain (NYSE:OMF) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.05. OneMain had a return on equity of 23.48% and a net margin of 13.92%.The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the previous year, the firm earned $1.45 earnings per share. The business’s revenue was up 6.7% on a year-over-year basis. As a group, equities research analysts predict that OneMain will post 7.09 earnings per share for the current year.

OneMain Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 10th will be paid a dividend of $1.05 per share. The ex-dividend date is Monday, August 10th. This represents a $4.20 annualized dividend and a dividend yield of 6.6%. OneMain’s dividend payout ratio is presently 63.25%.

Insider Activity

In related news, COO Micah R. Conrad sold 5,000 shares of OneMain stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $62.00, for a total value of $310,000.00. Following the completion of the sale, the chief operating officer owned 96,250 shares of the company’s stock, valued at approximately $5,967,500. This trade represents a 4.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Michael A. Hedlund sold 1,848 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $114,576.00. Following the sale, the senior vice president directly owned 13,127 shares in the company, valued at approximately $813,874. This trade represents a 12.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

Institutional Trading of OneMain

Several hedge funds and other institutional investors have recently modified their holdings of OMF. Dimensional Fund Advisors LP boosted its holdings in OneMain by 7.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,342,241 shares of the financial services provider’s stock worth $232,258,000 after buying an additional 308,370 shares during the period. Janus Henderson Group PLC raised its holdings in OneMain by 7.7% during the 1st quarter. Janus Henderson Group PLC now owns 2,729,862 shares of the financial services provider’s stock valued at $146,030,000 after acquiring an additional 195,591 shares during the period. Geode Capital Management LLC raised its holdings in OneMain by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 2,422,562 shares of the financial services provider’s stock valued at $164,017,000 after acquiring an additional 15,941 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of OneMain by 17.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,310,513 shares of the financial services provider’s stock worth $156,075,000 after acquiring an additional 345,269 shares in the last quarter. Finally, State Street Corp lifted its position in shares of OneMain by 2.3% during the fourth quarter. State Street Corp now owns 2,305,246 shares of the financial services provider’s stock worth $155,719,000 after acquiring an additional 51,592 shares in the last quarter. Institutional investors own 85.82% of the company’s stock.

OneMain News Summary

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: Analysts raised price targets. Truist lifted its target from $70 to $71 and assigned a “Buy” rating, while Citizens JMP raised its target from $68 to $70 and reiterated a “Market Outperform” rating. Analyst price target reports
• Positive Sentiment: Second-quarter adjusted EPS exceeded expectations. OneMain reported adjusted diluted earnings of $1.31 per share, ahead of the $1.26 consensus estimate. Net interest income and other revenue increased year over year, supporting the earnings performance. Q2 earnings and net interest income report
• Positive Sentiment: Receivables continued to expand. Managed receivables reached $26.9 billion, indicating continued loan growth and a larger base for future interest income. The company also declared a quarterly dividend of $1.05 per share, representing an annualized yield of approximately 6.7%. OneMain second-quarter 2026 results
• Neutral Sentiment: Management characterized the quarter as growth amid credit pressure. The earnings call highlighted receivables growth and revenue gains, but investors are monitoring whether loan expansion can remain profitable as credit costs rise. OneMain earnings call highlights
• Negative Sentiment: Profit declined from the prior-year period. Reported EPS fell to $1.32 from $1.40, while net income decreased to $152 million from $167 million. Rising credit costs weighed on results, underscoring the risks associated with OneMain’s nonprime consumer lending exposure. OneMain quarterly results release

About OneMain

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.