Is OneMain Holdings Stock a Good Investment?
OneMain Holdings Investment Advice | OMF |
- Examine OneMain Holdings' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research OneMain Holdings' leadership team and their track record. Good management can help OneMain Holdings navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Consumer Finance space and any emerging trends that could impact OneMain Holdings' business and its evolving consumer preferences.
- Compare OneMain Holdings' performance and market position to its competitors. Analyze how OneMain Holdings is positioned in terms of product offerings, innovation, and market share.
- Check if OneMain Holdings pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about OneMain Holdings' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in OneMain Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if OneMain Holdings is a good investment.
Sell | Buy |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine OneMain Holdings Stock
Researching OneMain Holdings' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 88.0% of the company shares are owned by institutional investors. The book value of OneMain Holdings was now reported as 26.87. The company has Price/Earnings To Growth (PEG) ratio of 0.61. OneMain Holdings last dividend was issued on the 12th of November 2024.
To determine if OneMain Holdings is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding OneMain Holdings' research are outlined below:
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from investors.com: OneMain Holdings Earns IBD Rating Upgrade |
OneMain Holdings uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in OneMain Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to OneMain Holdings' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact OneMain Holdings' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises OneMain Holdings' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2014-08-07 | 2014-06-30 | 0.45 | 0.52 | 0.07 | 15 | ||
2024-10-30 | 2024-09-30 | 1.14 | 1.26 | 0.12 | 10 | ||
2022-10-26 | 2022-09-30 | 1.35 | 1.51 | 0.16 | 11 | ||
2016-11-07 | 2016-09-30 | 1.07 | 0.9 | -0.17 | 15 | ||
2023-04-25 | 2023-03-31 | 1.65 | 1.46 | -0.19 | 11 | ||
2019-10-28 | 2019-09-30 | 1.58 | 1.77 | 0.19 | 12 | ||
2020-02-10 | 2019-12-31 | 1.75 | 1.96 | 0.21 | 12 | ||
2016-02-25 | 2015-12-31 | 0.53 | 0.77 | 0.24 | 45 |
Know OneMain Holdings' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as OneMain Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading OneMain Holdings backward and forwards among themselves. OneMain Holdings' institutional investor refers to the entity that pools money to purchase OneMain Holdings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Clearbridge Advisors, Llc | 2024-06-30 | 1.9 M | Brandes Investment Partners & Co | 2024-06-30 | 1.9 M | Patients Capital Management Llc | 2024-06-30 | 1.6 M | Northern Trust Corp | 2024-06-30 | 1.4 M | Charles Schwab Investment Management Inc | 2024-06-30 | 1.4 M | Nuveen Asset Management, Llc | 2024-06-30 | 1.4 M | Norges Bank | 2024-06-30 | 1.3 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.2 M | Vanguard Group Inc | 2024-06-30 | 12.1 M | Blackrock Inc | 2024-06-30 | 10.1 M |
OneMain Holdings' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 6.57 B.Market Cap |
|
OneMain Holdings' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.01 | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | 0.03 | 0.01 | |
| Return On Equity | 0.20 | 0.21 |
Determining OneMain Holdings' profitability involves analyzing its financial statements and using various financial metrics to determine if OneMain Holdings is a good buy. For example, gross profit margin measures OneMain Holdings' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of OneMain Holdings' profitability and make more informed investment decisions.
Evaluate OneMain Holdings' management efficiency
OneMain Holdings has Return on Asset of 0.022 % which means that on every $100 spent on assets, it made $0.022 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1735 %, implying that it generated $0.1735 on every 100 dollars invested. OneMain Holdings' management efficiency ratios could be used to measure how well OneMain Holdings manages its routine affairs as well as how well it operates its assets and liabilities. The OneMain Holdings' current Return On Equity is estimated to increase to 0.21, while Return On Tangible Assets are projected to decrease to 0.01. At this time, OneMain Holdings' Total Current Assets are most likely to decrease significantly in the upcoming years. The OneMain Holdings' current Net Tangible Assets is estimated to increase to about 1.8 B, while Other Current Assets are forecasted to increase to (18.7 B).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 37.22 | 39.08 | |
| Tangible Book Value Per Share | 23.13 | 24.28 | |
| Enterprise Value Over EBITDA | 22.54 | 22.30 | |
| Price Book Value Ratio | 1.86 | 1.85 | |
| Enterprise Value Multiple | 22.54 | 22.30 | |
| Price Fair Value | 1.86 | 1.85 | |
| Enterprise Value | 24.7 B | 14.7 B |
OneMain Holdings has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield 0.0756 | Forward Dividend Yield 0.0756 | Forward Dividend Rate 4.16 | Beta 1.531 |
Basic technical analysis of OneMain Stock
As of the 12th of November 2024, OneMain Holdings holds the Coefficient Of Variation of 710.33, risk adjusted performance of 0.1141, and Semi Deviation of 1.99. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OneMain Holdings, as well as the relationship between them. Please check OneMain Holdings variance, as well as the relationship between the maximum drawdown and semi variance to decide if OneMain Holdings is priced some-what accurately, providing market reflects its current price of 54.12 per share. Given that OneMain Holdings has jensen alpha of 0.0394, we recommend you to check out OneMain Holdings's recent market performance to make sure the company can sustain itself at a future point.OneMain Holdings' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific OneMain Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on OneMain Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases OneMain Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
OneMain Holdings' Outstanding Corporate Bonds
OneMain Holdings issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. OneMain Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most OneMain bonds can be classified according to their maturity, which is the date when OneMain Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US682691AA80 Corp BondUS682691AA80 | View | |
| US682691AB63 Corp BondUS682691AB63 | View | |
| US682691AC47 Corp BondUS682691AC47 | View | |
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| ONEOK PARTNERS L Corp BondUS68268NAM56 | View |
Understand OneMain Holdings' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing OneMain Holdings' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1141 | |||
| Market Risk Adjusted Performance | 0.1985 | |||
| Mean Deviation | 1.78 | |||
| Semi Deviation | 1.99 | |||
| Downside Deviation | 2.26 | |||
| Coefficient Of Variation | 710.33 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.13 | |||
| Information Ratio | 0.0694 | |||
| Jensen Alpha | 0.0394 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0762 | |||
| Treynor Ratio | 0.1885 | |||
| Maximum Drawdown | 13.68 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 3.79 | |||
| Downside Variance | 5.09 | |||
| Semi Variance | 3.96 | |||
| Expected Short fall | (1.96) | |||
| Skewness | 0.4783 | |||
| Kurtosis | 2.61 |
| Risk Adjusted Performance | 0.1141 | |||
| Market Risk Adjusted Performance | 0.1985 | |||
| Mean Deviation | 1.78 | |||
| Semi Deviation | 1.99 | |||
| Downside Deviation | 2.26 | |||
| Coefficient Of Variation | 710.33 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.13 | |||
| Information Ratio | 0.0694 | |||
| Jensen Alpha | 0.0394 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0762 | |||
| Treynor Ratio | 0.1885 | |||
| Maximum Drawdown | 13.68 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 3.79 | |||
| Downside Variance | 5.09 | |||
| Semi Variance | 3.96 | |||
| Expected Short fall | (1.96) | |||
| Skewness | 0.4783 | |||
| Kurtosis | 2.61 |
Consider OneMain Holdings' intraday indicators
OneMain Holdings intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of OneMain Holdings stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 26229.88 | |||
| Daily Balance Of Power | (0.68) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 54.13 | |||
| Day Typical Price | 54.12 | |||
| Price Action Indicator | (0.32) | |||
| Period Momentum Indicator | (0.63) | |||
| Relative Strength Index | 76.4 |
OneMain Holdings Corporate Filings
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
FWP | 1st of November 2024 A written communication used by offering participants to offer securities to the public or to solicit securities transactions. | ViewVerify |
| 31st of October 2024 Other Reports | ViewVerify |
OneMain Stock media impact
Far too much social signal, news, headlines, and media speculation about OneMain Holdings that are available to investors today. That information is available publicly through OneMain media outlets and privately through word of mouth or via OneMain internal channels. However, regardless of the origin, that massive amount of OneMain data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of OneMain Holdings news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of OneMain Holdings relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to OneMain Holdings' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive OneMain Holdings alpha.
OneMain Holdings Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards OneMain Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
OneMain Holdings Corporate Directors
| Marc Becker | Independent Director | Profile | |
| Roy Guthrie | Presiding Independent Director | Profile | |
| Richard Smith | Independent Director | Profile | |
| Matthew Michelini | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMain Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OneMain Holdings. If investors know OneMain will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OneMain Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Dividend Share 4.08 | Earnings Share 4.56 | Revenue Per Share 20.797 | Quarterly Revenue Growth (0.03) |
The market value of OneMain Holdings is measured differently than its book value, which is the value of OneMain that is recorded on the company's balance sheet. Investors also form their own opinion of OneMain Holdings' value that differs from its market value or its book value, called intrinsic value, which is OneMain Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OneMain Holdings' market value can be influenced by many factors that don't directly affect OneMain Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between OneMain Holdings' value and its price, as these two are different measures arrived at by various means. Investors typically determine if OneMain Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneMain Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.