Truist Financial Cuts OneMain (NYSE:OMF) Price Target to $73.00

OneMain (NYSE:OMF) had its price target trimmed by Truist Financial from $75.00 to $73.00 in a research note published on Friday,Benzinga reports. The brokerage currently has a buy rating on the financial services provider’s stock.

A number of other equities analysts have also recently commented on the company. TD Cowen reaffirmed a “buy” rating on shares of OneMain in a research note on Thursday, January 8th. Barclays set a $71.00 target price on shares of OneMain in a report on Friday. Wall Street Zen downgraded shares of OneMain from a “buy” rating to a “hold” rating in a research note on Sunday, January 18th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $65.00 price target (up previously from $59.00) on shares of OneMain in a research report on Monday, January 12th. Finally, Evercore set a $75.00 price target on shares of OneMain in a report on Tuesday, January 6th. Nine investment 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 MarketBeat, OneMain has an average rating of “Moderate Buy” and an average price target of $71.70.

OneMain Stock Down 1.1%

OneMain stock opened at $61.58 on Friday. The firm has a fifty day simple moving average of $66.57 and a two-hundred day simple moving average of $61.34. OneMain has a twelve month low of $38.00 and a twelve month high of $71.93. The company 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 (NYSE:OMF) last announced its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.59 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same period last year, the firm earned $1.16 earnings per share. As a group, equities analysts expect that OneMain will post 6.46 earnings per share for the current fiscal year.

OneMain Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 23rd. Shareholders of record on Tuesday, February 17th will be issued 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 dividend payout ratio (DPR) is 63.93%.

Insider Activity at OneMain

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

Hedge Funds Weigh In On OneMain

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mitsubishi UFJ Trust & Banking Corp lifted its position in OneMain by 84.2% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 234,521 shares of the financial services provider’s stock valued at $13,241,000 after acquiring an additional 107,204 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of OneMain by 43.1% in the third quarter. D.A. Davidson & CO. now owns 34,385 shares of the financial services provider’s stock worth $1,941,000 after purchasing an additional 10,357 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in shares of OneMain during the third quarter valued at $907,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of OneMain by 51.6% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 91,026 shares of the financial services provider’s stock valued at $5,139,000 after purchasing an additional 30,977 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in shares of OneMain by 30.2% during the second quarter. Empowered Funds LLC now owns 60,125 shares of the financial services provider’s stock valued at $3,427,000 after buying an additional 13,963 shares during the last quarter. Hedge funds and other institutional investors own 85.82% of the company’s stock.

Key OneMain News

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.