OneMain Holdings, Inc., a financial service holding company, engages in the consumer finance and insurance businesses in the United States. The company originates, underwrites, and services personal loans secured by automobiles, other titled collateral, or unsecured. It also offers secured auto financing; credit cards; optional credit insurance products, including life, disability, and involuntary unemployment insurance; optional non-credit insurance; guaranteed asset protection coverage as a waiver product or insurance; and membership plans. The company provides personal loans through its branch network, central operations, digital affiliates, and its website. The company was formerly known as Springleaf Holdings, Inc. and changed its name to OneMain Holdings, Inc. in November 2015. OneMain Holdings, Inc. was founded in 1912 and is based in Evansville, Indiana.
Financial Resilience | OneMain Holdings demonstrates strong financial health with a 92.72% gross profit margin, attractive P/E ratio, and consistent dividend growth, signaling potential undervaluation. |
Credit Quality Focus | Delve into OneMain's strategic approach to managing credit quality, including trust delinquency rates and net charge-offs, amidst evolving market conditions. |
Growth Initiatives | Explore OneMain's expansion into auto lending and pursuit of an Industrial Loan Company banking license, potentially transforming its market position and funding capabilities. |
Market Outlook | Analyst price targets range from $48 to $65, reflecting varied views on OneMain's growth potential amid macroeconomic uncertainties and strategic developments. |
Metrics to compare | OMF | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipOMFPeersSector | |
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P/E Ratio | 12.1x | −0.8x | 9.7x | |
PEG Ratio | −1.54 | 0.06 | 0.03 | |
Price/Book | 2.1x | 0.8x | 1.0x | |
Price / LTM Sales | 2.7x | 2.5x | 2.9x | |
Upside (Analyst Target) | 10.2% | 18.6% | 9.7% | |
Fair Value Upside | Unlock | −2.2% | 1.4% | Unlock |