KBW Remains a Hold on OneMain Holdings Inc

By Jason Carr

In a report released yesterday, Melissa Roberts from KBW reiterated a Hold rating on OneMain Holdings Inc (NASDAQ: OMF), with a price target of $28. The company’s shares closed yesterday at $23.06.

According to TipRanks.com, Roberts is a 2-star analyst with an average return of 1.2% and a 48.5% success rate. Roberts covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, Fidelity National Financial Ventures, and First Financial Corporation Indiana.

OneMain Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $29.

OneMain Holdings Inc’s market cap is currently $3.12B and has a P/E ratio of 28.01. The company has a book value ratio of 1.0048.

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OneMain Holdings, Inc. is a consumer finance company, which engages in the provision of loan products to customers through its nationwide branch network and the internet. It operates through the following segments: Consumer and Insurance, Acquisitions and Servicing, and Real Estate. The Consumer and Insurance segment is comprised of service secured and unsecured personal loans and voluntary credit and non-credit insurance and related products through its combined branch network, digital platform, and centralized operations. The Acquisition and Services segment is mainly the services rendered to SpringCastle portfolio which was acquired through joint venture. The Real Estate segment refers to the series of transactions relating to the sales of the beneficial interest in the real estate loans of the company, the related servicing of loans, and the sales of certain performing and non-performing real estate loans. The company was founded on August 5, 2013 and is headquartered in Evansville, IN.