News coverage about OneMain (NYSE:OMF) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. OneMain earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.3931731392642 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
Shares of OneMain (OMF) traded down $0.17 during trading hours on Wednesday, reaching $33.42. 928,530 shares of the company traded hands, compared to its average volume of 1,390,000. OneMain has a one year low of $21.56 and a one year high of $35.11. The stock has a market capitalization of $4,520.00, a price-to-earnings ratio of 26.52, a PEG ratio of 1.56 and a beta of 2.72.
OneMain (NYSE:OMF) last announced its earnings results on Wednesday, November 1st. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.14). The company had revenue of $808.00 million during the quarter, compared to analysts’ expectations of $800.50 million. OneMain had a return on equity of 14.15% and a net margin of 4.85%. The firm’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.90 earnings per share. equities research analysts predict that OneMain will post 3.52 EPS for the current year.
A number of research firms have recently commented on OMF. JPMorgan Chase & Co. lowered shares of OneMain from a “neutral” rating to an “underweight” rating and set a $25.00 price target for the company. in a research report on Friday, January 12th. Zacks Investment Research upgraded shares of OneMain from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th. Jefferies Group reiterated a “buy” rating and issued a $48.00 target price on shares of OneMain in a research report on Thursday, January 11th. Compass Point lowered shares of OneMain from a “buy” rating to a “neutral” rating and set a $31.00 target price for the company. in a research report on Friday, November 3rd. Finally, Northland Securities reiterated a “hold” rating and issued a $35.00 target price on shares of OneMain in a research report on Friday, November 3rd. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $34.00.
In other OneMain news, Director Fortress Investment Group Llc sold 7,500,000 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $25.10, for a total value of $188,250,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Wesley R. Edens sold 1,000,000 shares of the business’s 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. Insiders sold 18,500,000 shares of company stock valued at $474,250,000 over the last three months. 57.73% of the stock is currently owned by insiders.
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OneMain Company Profile
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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