OneMain Q2 EPS Estimate Decreased by Northland Securities

OneMain Holdings, Inc. (NYSE:OMF) – Investment analysts at Northland Securities reduced their Q2 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 earn $1.30 per share for the quarter, down from their prior estimate of $1.72. The consensus estimate for OneMain’s current full-year earnings is $7.14 per share. Northland Securities also issued estimates for OneMain’s Q3 2026 earnings at $2.02 EPS, FY2026 earnings at $7.39 EPS, Q1 2027 earnings at $1.84 EPS and Q2 2027 earnings at $1.90 EPS.

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

A number of other brokerages have also issued reports on OMF. Evercore set a $66.00 price target on shares of OneMain in a research note on Monday, July 6th. Truist Financial decreased their price objective on shares of OneMain from $73.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Wells Fargo & Company decreased their price objective on shares of OneMain from $70.00 to $65.00 and set an “equal weight” rating for the company in a report on Thursday, April 9th. TD Cowen boosted 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. Finally, Barclays cut their target price on shares of OneMain from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 7th. 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.80.

OneMain Trading Down 1.9%

OneMain stock opened at $58.71 on Wednesday. OneMain has a 52 week low of $45.78 and a 52 week high of $71.93. The stock has a market cap of $6.78 billion, a P/E ratio of 8.74, a price-to-earnings-growth ratio of 0.46 and a beta of 1.22. The stock has a 50 day moving average of $57.32 and a 200-day moving average of $57.97.

Institutional Investors Weigh In On OneMain

Institutional investors and hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of OneMain during the first quarter valued at approximately $2,037,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of OneMain by 2.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 442,598 shares of the financial services provider’s stock worth $21,634,000 after purchasing an additional 9,067 shares during the last quarter. Focus Partners Wealth boosted its position in OneMain by 101.8% during the 1st quarter. Focus Partners Wealth now owns 8,737 shares of the financial services provider’s stock valued at $427,000 after purchasing an additional 4,407 shares during the period. Prudential Financial Inc. grew its stake in OneMain by 32.9% during the 2nd quarter. Prudential Financial Inc. now owns 9,492 shares of the financial services provider’s stock worth $541,000 after buying an additional 2,350 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its stake in OneMain by 26.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 19,644 shares of the financial services provider’s stock worth $1,119,000 after buying an additional 4,084 shares during the last quarter. Institutional investors and hedge funds own 85.82% of the company’s stock.

Insiders Place Their Bets

In other OneMain news, SVP Michael A. Hedlund sold 1,848 shares of the business’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $114,576.00. Following the completion of the sale, the senior vice president owned 13,127 shares in the company, valued at $813,874. The trade was a 12.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 on Monday, June 29th. The stock was 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 in the company, valued at $5,967,500. This trade represents a 4.94% 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. Insiders own 0.29% of the company’s stock.

OneMain Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 11th were issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend was Monday, May 11th. OneMain’s payout ratio is currently 62.50%.

Trending Headlines about OneMain

Here are the key news stories impacting OneMain this week:

• Negative Sentiment: Northland Securities cut its Q2 2026 EPS estimate for OneMain to $1.30 from $1.72 and lowered its FY2026 forecast to $7.39 from $7.76, signaling softer profitability expectations. OneMain Q4 EPS Forecast Decreased by Northland Securities
• Negative Sentiment: Zacks published an earnings preview saying OneMain’s Q2 results are expected to decline and that the stock lacks the key setup for a likely earnings beat, which can weigh on sentiment before the report. Earnings Preview: OneMain Holdings (OMF) Q2 Earnings Expected to Decline
• Neutral Sentiment: Northland Securities also nudged its Q3 2026 EPS estimate higher to $2.02 from $1.96 and kept longer-dated estimates in view, but the overall tone remained mixed with near-term cuts offset by slightly better later-quarter projections.
• Neutral Sentiment: Northland’s Q1 2027 and Q2 2027 estimates were set at $1.84 and $1.90 per share, respectively, adding to the analyst’s updated forecast framework without providing a clear near-term catalyst.

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.