OneMain (NYSE:OMF) announced its quarterly earnings data on Wednesday. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01, Bloomberg Earnings reports. OneMain had a net margin of 4.85% and a return on equity of 14.15%. The company had revenue of $799.00 million during the quarter, compared to analysts’ expectations of $798.70 million. During the same quarter in the prior year, the company posted $0.80 EPS. The business’s revenue was up 11.9% on a year-over-year basis.
Shares of OneMain (NYSE:OMF) traded up $1.91 during trading on Thursday, hitting $34.22. 291,905 shares of the company were exchanged, compared to its average volume of 1,017,490. The firm has a market cap of $4,289.23, a PE ratio of 9.66, a P/E/G ratio of 1.38 and a beta of 2.86. OneMain has a 1-year low of $22.04 and a 1-year high of $36.32.
A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of OneMain from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a research note on Wednesday, January 31st. Jefferies Group restated a “buy” rating and issued a $48.00 price objective on shares of OneMain in a research note on Thursday, January 11th. Compass Point cut shares of OneMain from a “buy” rating to a “neutral” rating and set a $31.00 price objective for the company. in a research note on Friday, November 3rd. BMO Capital Markets increased their price objective on shares of OneMain from $31.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd. Finally, Barclays restated a “hold” rating and issued a $35.00 price objective on shares of OneMain in a research note on Wednesday, December 13th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $34.62.
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OneMain Company Profile
OneMain Holdings, Inc is a financial services holding company. The Company is a consumer finance company, which is engaged in providing personal loan products; credit and non-credit insurance, and service loans owned by it and service or subservice loans owned by third-parties. The Company’s segments include Consumer and Insurance; Acquisitions and Servicing; Real Estate, and Other.
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