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.
Credit Dynamics | Explore OneMain's evolving credit metrics, with recent improvements in delinquency rates and net charge-offs signaling potential stabilization in loan portfolio quality. |
Strategic Expansion | Delve into OneMain's foray into auto lending and pursuit of an industrial banking license, key initiatives driving diversification and future growth prospects. |
Market Positioning | Learn how OneMain leverages its strong position in non-prime consumer finance, benefiting from funding advantages while navigating a competitive landscape. |
Financial Outlook | Analyst targets range from $46 to $65, with an average of $57. EPS projections for FY1 and FY2 at $6.24 and $8.03 respectively, reflecting cautious optimism. |
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 | 11.6x | 2.4x | 9.1x | |
PEG Ratio | −1.48 | 0.05 | 0.03 | |
Price/Book | 2.0x | 1.4x | 1.0x | |
Price / LTM Sales | 2.5x | 1.9x | 2.7x | |
Upside (Analyst Target) | 9.7% | 10.6% | 11.6% | |
Fair Value Upside | Unlock | −0.7% | 1.8% | Unlock |