An analyst sees good growth prospects for OneMain Holdings Inc (OMF)

With 0.93 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.06 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $51.79 whereas the lowest price it dropped to was $51.07. The 52-week range on OMF shows that it touched its highest point at $53.65 and its lowest point at $35.00 during that stretch. It currently has a 1-year price target of $57.31. With its current market cap of 6.19 billion, OMF has annualized dividend of $3.00 while the current yield stands at 5.81%. Beta for the stock currently stands at 1.61.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OMF was up-trending over the past week, with a rise of 1.75%, but this was up by 4.24% over a month. Three-month performance surged to 15.11% while six-month performance rose 36.32%. The stock gained 44.35% in the past year, while it has gained 4.98% so far this year. A look at the trailing 12-month EPS for OMF yields 5.12 with Next year EPS estimates of 7.69. For the next quarter, that number is 1.09. This implies an EPS growth rate of 5.99% for this year and 33.55% for next year. EPS is expected to grow by 5.30% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 10.09%.

Float and Shares Shorts:

At present, 119.76 million OMF shares are outstanding with a float of 118.86 million shares on hand for trading. On 2024-04-15, short shares totaled 3.52 million, which was 294.0 higher than short shares on 1710460800. In addition to Mr. Douglas H. Shulman as the firm’s Chairman, President & CEO, Mr. Micah R. Conrad serves as its Executive VP & COO.

Institutional Ownership:

Through their ownership of 0.84979 of OMF’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OMF since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.