The new share buyback authorization by OneMain Holdings (OMF) will enhance shareholder value.
By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger...
OneMain Holdings, Inc. (NYSE:OMF) today announced that due to concerns related to COVID-19, the location of its upcoming 2020 Annual Meeting of Stockholders ("Annual Meeting") has been changed and will be held at 1011 Centre Road, Suite 402, Wilmington, Delaware 19805. The date for the Annual Meeting remains Tuesday, May 19, 2020, and will take place at 1:00 p.m., Eastern Time.
OneMain Holdings, Inc. (NYSE:OMF) ("OMH") announced today that its direct, wholly-owned subsidiary Springleaf Finance Corporation ("SFC") priced $600 million aggregate principal amount of its 8.875% senior notes due 2025 (the "notes") in connection with its previously announced registered notes offering. The size of the notes offering has been upsized from $400 million to $600 million.
OneMain Holdings (OMF) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
OneMain Holdings, Inc. (NYSE: OMF) ("OMH") announced today that its direct, wholly-owned subsidiary Springleaf Finance Corporation ("SFC") is proposing to offer up to $400 million aggregate principal amount of its senior notes due 2025 (the "notes"), subject to market and other conditions. The notes will be guaranteed on an unsecured basis by OMH (the "guarantee"). There can be no assurance that the offering of the notes will be consummated.
OneMain Financial, the country’s largest installment lender to hardworking Americans with nonprime credit, today announced a number of measures to support its customers and communities suffering from the effects of the COVID-19 pandemic. These measures include payment relief options to borrowers, donating $1 million to organizations supporting health care providers and food banks, and providing free K-12 educational tools for families whose children are home while schools are closed.
Synchrony Financial shares are surging toward their best single-day percentage gain on record Thursday, according to Dow Jones Market Data, with the stock up more than 16% in midday trading. The private-label credit-card company's stock began trading in 2014 after General Electric Co. offered a small percent of Synchrony stock to the public. Synchrony formally separated out of GE in 2015. Jefferies analyst John Hecht wrote in a Thursday note to client that Synchrony is among the lenders he would "prioritize" during the current period of economic uncertainty as the stock appears "resilient" along with peers Aaron's Inc. [aan], Ally Financial Inc. , FirstCash Inc. , and OneMain Holdings Inc. . "Within the credit card peer group, SYF is the best positioned with the highest risk-adjusted margin at 9.6%," Hecht wrote. Synchrony shares have lost 47% so far this year as the S&P 500 has dropped 20%.
OneMain (OMF) delivered earnings and revenue surprises of -52.86% and 2.34%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Q4 2019 OneMain Holdings Inc Earnings Call
OneMain Holdings, Inc. (NYSE: OMF) today reported pretax income of $43 million and net income of $32 million for the first quarter of 2020, compared to $202 million and $152 million, respectively, in the prior year quarter. Earnings per diluted share were $0.24 in the first quarter of 2020, compared to $1.11 in the prior year quarter.
Potential OneMain Holdings, Inc. (NYSE:OMF) shareholders may wish to note that the Chairman of the Board, Jay Levine...
OneMain Financial Extends Relief to Tennessee Customers Impacted by Tornado, Makes Charitable Donation to Affected Communities
OneMain Holdings, Inc. (NYSE: OMF) today announced that its Board of Directors has approved a share repurchase program for up to $100 million of the company’s outstanding common stock, with no stated expiration.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
OMF earnings call for the period ending March 31, 2020.
OneMain Holdings, Inc. (NYSE: OMF) plans to report its first quarter 2020 results after the market closes on Monday, April 27, 2020. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
Q1 2020 OneMain Holdings Inc Earnings Call