JMP Securities analyst David Scharf reiterated a Buy rating on OneMain Holdings (NYSE:OMF) on Thursday, setting a price target of $68, which is approximately 33.60% above the present share price of $50.9.
Scharf expects OneMain Holdings to post earnings per share (EPS) of $2.17 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in OneMain Holdings, with an average price target of $72.
The analysts price targets range from a high of $87 to a low of $60.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $1.03 billion and a net profit of $0. The company's market cap is $6.59 billion.
According to TipRanks.com, JMP Securities analyst David Scharf is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 20.2% and a 59.43% success rate.
OneMain Holdings, Inc. is a consumer finance company, which provides origination, underwriting and servicing of personal loans, primarily to non-prime customers. It operates through the following the Consumer and Insurance, and Other segments. The Consumer and Insurance segment comprises of service secured and unsecured personal loans, voluntary credit and non-credit insurance, and related products through its combined branch network, digital platform, and centralized operations. The Other segment consists of the liquidation of SpringCastle Portfolio activities and non-orginating operations. The company was founded on August 5, 2013 and is headquartered in Evansville, IN.