Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on OneMain Holdings OMF in the last three months.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 7 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 5 | 1 | 0 | 0 |
| 3M Ago | 1 | 1 | 2 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for OneMain Holdings, presenting an average target of $53.25, a high estimate of $68.00, and a low estimate of $47.00. Observing a 2.9% increase, the current average has risen from the previous average price target of $51.75.
Diving into Analyst Ratings: An In-Depth Exploration
An in-depth analysis of recent analyst actions unveils how financial experts perceive OneMain Holdings. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Kenneth Lee | RBC Capital | Raises | Outperform | $55.00 | $50.00 |
| Richard Shane | JP Morgan | Lowers | Overweight | $47.00 | $50.00 |
| Terence Malone | Barclays | Lowers | Overweight | $54.00 | $57.00 |
| David Scharf | JMP Securities | Raises | Market Outperform | $57.00 | $53.00 |
| Arren Cyganovich | Citigroup | Lowers | Buy | $52.00 | $54.00 |
| Vincent Caintic | Stephens & Co. | Lowers | Overweight | $57.00 | $61.00 |
| Kenneth Lee | RBC Capital | Maintains | Outperform | $50.00 | - |
| Kevin Barker | Piper Sandler | Announces | Neutral | $49.00 | - |
| Mike Grondahl | Northland Capital Markets | Announces | Market Perform | $49.00 | - |
| David Scharf | JMP Securities | Raises | Market Outperform | $53.00 | $46.00 |
| Mark Devries | Deutsche Bank | Announces | Buy | $68.00 | - |
| Michael Kaye | Wells Fargo | Raises | Equal-Weight | $48.00 | $43.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to OneMain Holdings. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of OneMain Holdings compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of OneMain Holdings's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into OneMain Holdings's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on OneMain Holdings analyst ratings.
Get to Know OneMain Holdings Better
OneMain Holdings is engaged in nonprime consumer finance companies in the United States and one of only a few companies in the consumer installment lending industry. It formed after a transaction brought together two branch-based consumer finance companies with complementary strategies and locations. Its services include providing personal loan products, offering credit and noncredit insurance, servicing loans, pursuing strategic acquisitions and dispositions of assets and businesses, and on occasion, establishing joint ventures or forming strategic alliances. The company's one reportable segment is consumer and insurance. In addition to hundreds of branches, the company also has a significant online business. The main source of revenue is net interest income.
Understanding the Numbers: OneMain Holdings's Finances
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: OneMain Holdings displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 4.15%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 14.93%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): OneMain Holdings's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.24%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): OneMain Holdings's ROA excels beyond industry benchmarks, reaching 0.68%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 6.22, OneMain Holdings faces challenges in effectively managing its debt levels, indicating potential financial strain.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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