Northland Securities Comments on OneMain FY2026 Earnings

OneMain Holdings, Inc. (NYSE:OMF) – Analysts at Northland Securities lowered their FY2026 earnings estimates for OneMain in a research note issued on Friday, October 30th. Northland Securities analyst M. Grondahl now forecasts that the financial services provider will post earnings of $6.53 per share for the year, down from their previous forecast of $6.56. The consensus estimate for OneMain’s current full-year earnings is $6.73 per share. Northland Securities also issued estimates for OneMain’s Q4 2026 earnings at $1.77 EPS, Q2 2027 earnings at $1.91 EPS, Q3 2027 earnings at $2.20 EPS and Q4 2027 earnings at $2.30 EPS.

Other research analysts have also issued reports about the stock. Evercore set a $60.00 target price on shares of OneMain in a research report on Thursday, October 1st. Citigroup restated a “market outperform” rating on shares of OneMain in a research report on Thursday, July 30th. Weiss Ratings raised OneMain from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Royal Bank Of Canada dropped their price target on OneMain from $71.00 to $70.00 and set an “outperform” rating for the company in a research note on Monday. Finally, Bank of America reduced their price objective on OneMain from $67.00 to $66.00 and set a “buy” rating on the stock in a research report on Monday. Nine research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $67.18.

OneMain Stock Performance

OneMain stock opened at $57.22 on Monday. The firm’s fifty day moving average price is $58.90 and its 200-day moving average price is $58.41. The stock has a market cap of $6.58 billion, a P/E ratio of 8.54, a price-to-earnings-growth ratio of 0.65 and a beta of 1.24. OneMain has a fifty-two week low of $45.78 and a fifty-two week high of $71.93.

OneMain (NYSE:OMF) last released its quarterly earnings results on Friday, October 30th. The financial services provider reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.05). The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.34 billion. OneMain had a return on equity of 23.49% and a net margin of 13.92%. During the same period in the prior year, the firm earned $1.90 EPS.

OneMain Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Monday, November 9th will be issued a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, November 9th. This represents a $4.20 annualized dividend and a dividend yield of 7.3%. OneMain’s dividend payout ratio (DPR) is currently 63.93%.

Hedge Funds Weigh In On OneMain

A number of large investors have recently added to or reduced their stakes in OMF. BlackRock Inc. bought a new stake in OneMain in the second quarter worth $633,893,000. Dimensional Fund Advisors LP grew its stake 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 valued at $232,258,000 after buying an additional 308,370 shares during the last quarter. Jupiter Topco LLC purchased a new position in shares of OneMain in the second quarter worth about $166,060,000. State Street Corp increased its holdings in shares of OneMain by 1.8% in the second quarter. State Street Corp now owns 2,451,937 shares of the financial services provider’s stock worth $149,495,000 after buying an additional 42,917 shares during the period. Finally, Janus Henderson Group PLC increased its holdings in shares of OneMain by 7.7% in the first quarter. Janus Henderson Group PLC now owns 2,729,862 shares of the financial services provider’s stock worth $146,030,000 after buying an additional 195,591 shares during the period. Hedge funds and other institutional investors own 85.82% of the company’s stock.

Key Headlines Impacting OneMain

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: Royal Bank of Canada maintained its “outperform” rating and lowered its price target modestly from $71 to $70, still implying substantial potential upside from recent trading levels.
• Positive Sentiment: OneMain declared a quarterly dividend of $1.05 per share, payable November 13 to shareholders of record November 9. The $4.20 annualized payout represents an approximate 7.4% yield, supporting the stock’s income appeal.
• Neutral Sentiment: Barclays reduced its price target from $60 to $59 and assigned an “equal weight” rating. Although the target remains modestly above recent levels, the change signals limited expected near-term upside. Barclays lowers OneMain price target
• Neutral Sentiment: Commentary following the third-quarter report is focused on whether OneMain can sustain a premium valuation despite slower earnings growth and increased attention on consumer-credit trends. Can OneMain Holdings Sustain a Premium After Q3 Results?
• Negative Sentiment: JPMorgan raised its price target from $52 to $56 but retained an “underweight” rating, indicating that the bank still views the shares as relatively unattractive despite the higher target.
• Negative Sentiment: An analyst reduced the fiscal 2026 EPS forecast, adding pressure to expectations for future profitability. FY2026 EPS Forecast for OneMain Reduced
• Negative Sentiment: Recent coverage says the third-quarter results renewed concerns about credit losses and consumer borrowers’ ability to repay, contributing to weaker investor sentiment. OneMain reported quarterly EPS of $1.51, below the $1.56 consensus estimate, although revenue exceeded expectations. OneMain Stock Price Retreats After Q3 Earnings Stir Credit Concerns

OneMain Company Profile

OneMain Holdings, Inc, operating under the OneMain Financial brand, is a consumer finance company that provides personal lending and related financial services primarily to non-prime consumers in the United States. The company serves customers through a combination of branch locations, online and mobile channels, and centralized customer service operations.

OneMain’s principal products include secured and unsecured personal loans, which customers may use for debt consolidation, home improvements, major purchases, and other personal expenses.