
OneMain Hld (OMF) Stock Forecast & Price Target
OneMain Hld (OMF) Analyst Ratings
Bulls say
OneMain Holdings is expected to continue to experience high levels of non-performing loans, but we anticipate improvement over the next year as the pre-2022 credit tightening loans roll off. The company's disciplined underwriting and focus on non-prime lending, along with strong capital generation potential and potential catalysts such as forming an ILC bank, make it a compelling investment opportunity. However, there are potential risks including adverse macroeconomic conditions, regulatory changes, and legal proceedings that could impact the company's operations. We have a price target of $70, based on a 3.7x multiple of our estimated 2027 tangible book value per share of $18.80.
Bears say
OneMain Holdings is currently trading at a fair valuation, with a price-to-earnings and price-to-tangible book value in line with the industry average. Despite high profitability, the stock trades at a discount to its peers, which could imply limited growth prospects. In addition, the company's reliance on consumer lending and potential credit downgrades could pose a risk for its ability to access credit and continue its operations. The lack of incorporation of sustainability measures into its compensation scheme and limited focus on sustainability in its overall strategy could also impact the company's long-term growth potential and social impact. Overall, with uncertainties in the macroeconomic environment and the company's growth potential, the outlook for OneMain Holdings remains negative.
This aggregate rating is based on analysts' research of OneMain Hld and is not a guaranteed prediction by Public.com or investment advice.
OneMain Hld (OMF) Analyst Forecast & Price Prediction
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