OneMain (NYSE:OMF) will be posting its quarterly earnings results after the market closes on Wednesday, October 31st. Analysts expect OneMain to post earnings of $1.28 per share for the quarter.
OneMain (NYSE:OMF) last issued its quarterly earnings data on Monday, July 30th. The financial services provider reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.04. OneMain had a net margin of 6.41% and a return on equity of 17.55%. The business had revenue of $685.00 million during the quarter, compared to analysts’ expectations of $676.82 million. During the same quarter in the previous year, the company earned $0.81 EPS. On average, analysts expect OneMain to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Shares of OneMain stock opened at $27.53 on Monday. OneMain has a twelve month low of $23.68 and a twelve month high of $37.29. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 7.78, a price-to-earnings-growth ratio of 0.74 and a beta of 2.71.
In other news, SVP Michael A. Hedlund sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, August 16th. The shares were sold at an average price of $35.41, for a total value of $88,525.00. Following the completion of the transaction, the senior vice president now directly owns 7,644 shares in the company, valued at approximately $270,674.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 43.93% of the stock is currently owned by insiders.
OneMain Holdings, Inc, through its subsidiaries, provides consumer finance and insurance products and services. The company operates in two segments, Consumer and Insurance, and Acquisitions and Servicing. It provides secured and unsecured personal loans; credit insurance products, such as life, disability, and involuntary unemployment insurance products; non-credit insurance; and auto membership plans, as well as retail sales finance services.
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