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OneMain Holdings Inc (OMF) stock reached a significant milestone, hitting a 52-week high of $62.04. This achievement marks a notable point in the company’s performance over the past year, with InvestingPro analysis indicating the stock is currently trading near its Fair Value. The company maintains a healthy 6.81% dividend yield, making it an attractive option for income-focused investors. Over the last 12 months, OneMain Holdings has seen a robust increase, with its stock price climbing by 36.07%. The company’s strong performance in the financial services sector has contributed to this upward trajectory, with a P/E ratio of 11.07 and a "GOOD" financial health rating according to InvestingPro. As OneMain Holdings continues to navigate the economic landscape, stakeholders are closely monitoring its strategies and market position, with analysts maintaining a bullish outlook and 14 recent upward earnings revisions for the upcoming period.
In other recent news, OneMain Holdings reported a strong second-quarter performance for 2025, with earnings per share (EPS) of $1.45, surpassing the forecasted $1.23. Despite slightly missing revenue expectations, reporting $1.2 billion against a forecast of $1.21 billion, the company’s earnings were primarily driven by credit outperformance. Additionally, OneMain Holdings announced that its subsidiary, OneMain Finance Corporation, issued $750 million in senior notes with a 6.125% interest rate due in 2030. These notes are senior unsecured obligations and are guaranteed by OneMain Holdings but not by any subsidiaries.
In terms of analyst ratings, Wells Fargo initiated coverage of OneMain with an Equal Weight rating and a price target of $60.00, citing concerns about non-prime credit in the current macroeconomic climate. Meanwhile, JMP analyst David Scharf reiterated a Market Outperform rating with a $65.00 price target following the company’s strong quarterly earnings. These developments highlight the mixed sentiment among analysts regarding OneMain’s future performance in an uncertain economic environment.
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