OneMain Financial

OMF

Market cap $6.33B

OneMain Holdings is upgraded to a strong buy, offering 20%+ upside and an 8% dividend yield. OMF's conservative underwriting, robust reserves (242% of delinquencies), and resilient employment trends support manageable credit risk despite inflationary pressures. Loan growth guidance remains at 6-9%, with net charge-offs expected in the upper half of the 7.4-7.9% range.

NEW YORK, May 22, 2026 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C. , a top complex litigation law firm, is investigating OneMain Holdings Inc. (NYSE: OMF) (“OneMain” or the “Company”) for potential violations of the federal securities laws.

The market is sleeping on two high-yielding opportunities that trade at deep discounts to fair value. Both companies have strong balance sheets, sound fundamentals, fully covered dividends, and are buying back stock. However, the market has recently sold off both of these opportunities, creating a great buy-the-dip opportunity for long-term-oriented income investors.

OMF slips despite Q1 earnings beat as rising expenses, credit costs and weaker receivables offset gains in net interest income.

OneMain Holdings, Inc. (OMF) Q1 2026 Earnings Call Transcript

Although the revenue and EPS for OneMain (OMF) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

OneMain Holdings (OMF) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $1.72 per share a year ago.

1Q 2026 Diluted EPS of $1.93 1Q 2026 C&I adjusted diluted EPS of $1.95 1Q 2026 Managed receivables of $26.1 billion Declared quarterly dividend of $1.05 per share NEW YORK, May 1, 2026 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $296 million and net income of $226 million for the first quarter of 2026, compared to $275 million and $213 million, respectively, in the prior year quarter. Earnings per diluted share were $1.93 in the first quarter of 2026, compared to $1.78 in the prior year quarter.

OneMain Holdings trades at a discount, likely due to lingering fears around subprime lending and past financial crises. OMF maintains a diversified, high-interest lending portfolio, funded by relatively cheap liabilities, supporting robust net interest margins. OneMain's net interest margin appears to be sufficient to absorb potential credit losses, even in recessionary or adverse risk scenarios.

OneMain (OMF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.