News articles about OneMain (NYSE:OMF) have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. OneMain earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.8189463911006 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
OneMain (OMF) traded down $0.03 during trading on Tuesday, reaching $27.18. 1,058,562 shares of the company were exchanged, compared to its average volume of 652,835. The company has a market cap of $3,553.14, a price-to-earnings ratio of 8.01, a PEG ratio of 1.49 and a beta of 2.72. OneMain has a twelve month low of $21.35 and a twelve month high of $33.39.
OneMain (NYSE:OMF) last posted its earnings results on Wednesday, November 1st. The financial services provider reported $0.91 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.05 by ($0.14). The firm had revenue of $808.00 million for the quarter, compared to the consensus estimate of $800.50 million. OneMain had a return on equity of 14.15% and a net margin of 4.85%. The business’s revenue was up 4.9% on a year-over-year basis. During the same period last year, the company posted $0.90 EPS. analysts forecast that OneMain will post 3.52 EPS for the current year.
Several research firms have recently issued reports on OMF. Zacks Investment Research raised shares of OneMain from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Bank of America set a $35.00 price target on shares of OneMain and gave the company a “buy” rating in a research report on Friday, October 13th. ValuEngine lowered shares of OneMain from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Northland Securities reissued a “hold” rating and issued a $35.00 price target on shares of OneMain in a research report on Friday, November 3rd. Finally, Compass Point lowered shares of OneMain from a “buy” rating to a “neutral” rating and set a $31.00 price target on the stock. in a research report on Friday, November 3rd. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. OneMain currently has an average rating of “Hold” and an average price target of $32.21.
In other news, Director Wesley R. Edens sold 10,000,000 shares of the stock in a transaction on Friday, November 10th. The shares were sold at an average price of $26.00, for a total value of $260,000,000.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Wesley R. Edens sold 1,000,000 shares of the stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $26.00, for a total transaction of $26,000,000.00. The disclosure for this sale can be found here. 57.73% of the stock is owned by corporate insiders.
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OneMain Holdings, Inc is a financial services holding company. The Company is a consumer finance company, which is engaged in providing personal loan products; credit and non-credit insurance, and service loans owned by it and service or subservice loans owned by third-parties. The Company’s segments include Consumer and Insurance; Acquisitions and Servicing; Real Estate, and Other.
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