OneMain Q4 EPS Forecast Decreased by Northland Securities

OneMain Holdings, Inc. (NYSE:OMF) – Analysts at Northland Securities dropped their Q4 2026 earnings per share estimates for OneMain in a report released on Monday, July 20th. Northland Securities analyst M. Grondahl now anticipates that the financial services provider will post earnings per share of $2.11 for the quarter, down from their prior estimate of $2.13. The consensus estimate for OneMain’s current full-year earnings is $7.14 per share. Northland Securities also issued estimates for OneMain’s Q3 2027 earnings at $2.21 EPS, Q4 2027 earnings at $2.35 EPS and FY2027 earnings at $8.30 EPS.

OneMain (NYSE:OMF) last announced its earnings results on Friday, May 1st. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.09. OneMain had a net margin of 14.38% and a return on equity of 24.24%. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the business posted $1.72 earnings per share. OneMain’s quarterly revenue was up 6.7% on a year-over-year basis.

OMF has been the topic of a number of other research reports. TD Cowen increased their target price 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. Barclays cut their price target on OneMain from $61.00 to $60.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 7th. BTIG Research reissued a “neutral” rating on shares of OneMain in a research report on Thursday, April 16th. Wells Fargo & Company lowered their price objective on OneMain from $70.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Finally, Evercore set a $66.00 price objective on OneMain in a report on Monday, July 6th. Eight investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $67.80.

OneMain Stock Performance

NYSE:OMF opened at $59.86 on Tuesday. OneMain has a 52 week low of $45.78 and a 52 week high of $71.93. The firm’s 50-day simple moving average is $57.22 and its 200 day simple moving average is $58.04. The firm has a market cap of $6.92 billion, a price-to-earnings ratio of 8.91, a P/E/G ratio of 0.46 and a beta of 1.22.

Institutional Trading of OneMain

A number of hedge funds and other institutional investors have recently modified their holdings of OMF. Dimensional Fund Advisors LP increased its holdings in shares of OneMain by 7.6% during the first 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 in the last quarter. Janus Henderson Group PLC boosted its holdings in shares of 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 in the last quarter. Geode Capital Management LLC grew its position 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 worth $164,017,000 after acquiring an additional 15,941 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in OneMain by 17.6% during the 4th 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 during the last quarter. Finally, State Street Corp increased its holdings in OneMain by 2.3% in the 4th quarter. State Street Corp now owns 2,305,246 shares of the financial services provider’s stock worth $155,719,000 after purchasing an additional 51,592 shares in the last quarter. Institutional investors own 85.82% of the company’s stock.

Insider Transactions at OneMain

In related news, COO Micah R. Conrad sold 5,000 shares of OneMain stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $310,000.00. Following the sale, the chief operating officer directly owned 96,250 shares of the company’s stock, valued at approximately $5,967,500. The trade was a 4.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available 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 that occurred on Monday, June 29th. The stock was sold at an average price of $62.00, for a total transaction of $114,576.00. Following the transaction, the senior vice president owned 13,127 shares of the company’s stock, valued at approximately $813,874. This 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. 0.29% of the stock is currently owned by corporate insiders.

OneMain Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 11th were issued a $1.05 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 7.0%. OneMain’s dividend payout ratio is 62.50%.

Key Stories Impacting OneMain

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: Northland Securities’ longer-term outlook was relatively constructive, with estimates for FY2027 earnings of $8.30 per share and Q3 2027 EPS of $2.21, suggesting expectations for improved profitability over time.
• Positive Sentiment: The company previously beat last quarter’s estimates, posting $1.95 EPS versus $1.86 expected and revenue of $1.58 billion versus $1.27 billion expected, which supports confidence in OneMain’s ability to outperform when results are released.
• Neutral Sentiment: Analysts on average still expect OneMain to earn $7.19 per share for the current fiscal year, indicating the market is watching whether management can stay near that target despite softer near-term projections.
• Negative Sentiment: Northland Securities cut its Q2 2026 EPS estimate to $1.30 from $1.72 and trimmed FY2026 EPS to $7.39 from $7.76, reinforcing concerns that the next report could show some earnings softness.
• Negative Sentiment: The Zacks preview specifically said OneMain lacks the combination of factors typically associated with an earnings beat, which may be contributing to the stock’s recent weakness.

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.