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OneMain Holdings, Inc. (OMF)

NYSE - Nasdaq Real Time Price. Currency in USD
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39.14+0.48 (+1.24%)
As of 11:31AM EDT. Market open.
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  • K
    Banks are starting to look safer again.
  • a
    Considering the cash flow that this company generates it is too cheap to ignore and is most likely on the radar and will get consolidated by one of the big boys as it has lost more than 50% of its market value.
  • S
    Considering it's performance since I left the company a year ago, I need to apologize to the investors; for not warning you this would happen.
    As I kick myself for not shorting it as I said I should.
    Just like other companies that overlooked my value, this is headed to would be the third.
    Just another check mark of poor management decisions.

    Seriously you all know in a recession you don't want to invest in subprime lending right? Delinquency, and charge off increase exponentially.
    Wouldn't be surprised if they cut the dividend to compensate for the losses.
  • J
    Jim K
    Anyone have any thoughts on why OMF is languishing? I've had this for a few years and liked the div payout especially with the special div to, I presume provide cash payouts to Apollo. Guess I should have exited when they did. Anyone think it can get back to a sustained level of $50 + in next year?
  • S
    FWIW, The Wall Street Journal has an article today entitled: More Subprime Borrowers Are Missing Loan Payments. The article is based on 60 day delinquencies as reported by Equifax, and not much else. The numbers don't look very shocking to me, and are similar to pre-covid levels. The article notes that OMF and some others have acknowledged a rise in delinquencies.
  • R
    Best safe buy on market. Dividend 8.86%and PE below 5way too cheap.
  • c
    Lower the price goes the more stock the buyback acquires. I thought omf would only acquire 20% shares outstanding but were heading to 30% with this price action. Then that cash flow per share will drive divs higher going forward.
  • T
    The elimination of the Apollo induced "special dividends" are now well apparent.
  • M
    OMF is at a 52 week low and heading lower....I tried very hard to warn you about OMF...
  • C
    I am still buying. I have seen people on this site and read an article about the dividend not being sustainable They are comparing last year‘s regular and special dividends to this year‘s estimated earnings and coming up with 100% payout rate. Comparing this year’s dividend to this year’s estimated earnings the payout rate is a little above 35% .
  • c
    Bill Miller recommended OMF on CNBC today as one of the few companies that will do well under the current conditions.
  • S
    Don't blame yourself, we never listen to you anyways........... :)
  • j
    Yesterday's price target action:
    * Onemain Holdings Inc : BMO raises target price to $61 from $59
    * Onemain Holdings Inc : Citigroup cuts price target to $54 from $72
    * Onemain Holdings Inc : JP Morgan raises target price to $54 from $53
    * Onemain Holdings Inc : Northland Capital cuts target price to $65 from $70
    * Onemain Holdings Inc : Piper Sandler cuts target price to $70 from $75

    Most analyses estimate 2022-2023 earning per share at ballpark $9. Hard to see why that's not worth a $70 share price. This stock seems very undervalued, even in the current interest rate environment.
  • T
    Looks like a lot of folks hung out just long enough to claim their current $.95 dividend and moved on. I think that is short sighted, but they made their own decisions.
  • N
    Balance sheet seems fine but the debt is worrying
  • '
    Honestly what good is an 8% yield when the stock is down 20% over the last 52 weeks?
  • M
    Here's the problem with OMF: They have missed revenue expectations for 3 of the last 4 earnings reports. They have beaten net income estimates only through tax deferments and creative accounting gimmicks...These are the real reasons the shares are near 52 week lows and the CEO just sold off large amounts of shares....I want to own companies that are GROWING REVENUE, not losing revenue.......What good is the 8% dividend if the shares continue to go lower?
  • M
    Here's another problem for OMF: Increased competition from new fintech subprime lenders. Maybe that's why OMF revenue is down 17% year over year.
  • '
    Good cc. Smart move by management imo to buyback another 1 billion in stock. Reduces share count which raises eps and they are buying the stock well below its intrinsic value. Smart capital allocation move. Good upside imo.
  • '
    Did some buying today. I don't try and time a bottom.