Northland Securities Cuts Earnings Estimates for OneMain

OneMain Holdings, Inc. (NYSE:OMF) – Stock analysts at Northland Securities reduced their FY2026 earnings estimates for OneMain in a research note issued on Wednesday, July 29th. Northland Securities analyst M. Grondahl now forecasts that the financial services provider will earn $7.10 per share for the year, down from their previous estimate of $7.39. The consensus estimate for OneMain’s current full-year earnings is $7.09 per share. Northland Securities also issued estimates for OneMain’s Q4 2026 earnings at $2.00 EPS, Q1 2027 earnings at $1.82 EPS, Q3 2027 earnings at $2.23 EPS and Q4 2027 earnings at $2.36 EPS.

Other equities research analysts have also recently issued reports about the company. Royal Bank Of Canada boosted their price target on OneMain from $70.00 to $73.00 and gave the company an “outperform” rating in a research note on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneMain in a report on Tuesday, July 7th. BTIG Research reiterated a “neutral” rating on shares of OneMain in a research report on Thursday, April 16th. Barclays reduced their target price on OneMain from $61.00 to $60.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 7th. Finally, Evercore set a $66.00 price target on OneMain in a research report on Monday, July 6th. Eight investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $68.40.

OneMain Trading Up 1.0%

Shares of OMF opened at $63.55 on Friday. OneMain has a 12 month low of $45.78 and a 12 month high of $71.93. The firm’s 50 day moving average is $58.16 and its 200-day moving average is $57.66. The stock has a market capitalization of $7.34 billion, a PE ratio of 9.57, a P/E/G ratio of 0.48 and a beta of 1.22.

OneMain (NYSE:OMF) last posted its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.05. OneMain had a net margin of 13.92% and a return on equity of 23.48%. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the previous year, the firm posted $1.45 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year.

OneMain Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders 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 yield of 6.6%. OneMain’s dividend payout ratio is presently 63.25%.

Insiders Place Their Bets

In other OneMain news, SVP Michael A. Hedlund sold 1,848 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $62.00, for a total transaction of $114,576.00. Following the completion of the transaction, the senior vice president owned 13,127 shares of the company’s stock, valued at approximately $813,874. The trade was a 12.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $62.00, for a total transaction of $310,000.00. Following the completion of the transaction, the chief operating officer directly owned 96,250 shares of the company’s stock, valued at $5,967,500. This trade represents a 4.94% decrease in their position. 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 Investors Weigh In On OneMain

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Csenge Advisory Group boosted its holdings in shares of OneMain by 4.1% during the 4th quarter. Csenge Advisory Group now owns 4,239 shares of the financial services provider’s stock valued at $286,000 after acquiring an additional 167 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in OneMain by 4.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,075 shares of the financial services provider’s stock worth $275,000 after acquiring an additional 174 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in OneMain by 9.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,112 shares of the financial services provider’s stock worth $120,000 after purchasing an additional 176 shares in the last quarter. New York State Teachers Retirement System increased its holdings in OneMain by 1.7% in the 1st quarter. New York State Teachers Retirement System now owns 11,131 shares of the financial services provider’s stock worth $595,000 after purchasing an additional 189 shares in the last quarter. Finally, Generali Asset Management SPA SGR raised its position in OneMain by 5.9% in the fourth quarter. Generali Asset Management SPA SGR now owns 3,413 shares of the financial services provider’s stock valued at $231,000 after purchasing an additional 190 shares during the last quarter. 85.82% of the stock is owned by institutional investors.

Key Stories Impacting OneMain

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

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.