OneMain Holdings Inc (NYSE:OMF) shares, rose in value on Friday, January 24, with the stock price down by -0.60% to the previous day’s close as strong demand from buyers drove the stock to $57.61.
Actively observing the price movement in the last trading, the stock closed the session at $57.96, falling within a range of $57.4 and $58.11. The value of beta (5-year monthly) was 1.531 whereas the PE ratio was 12.63 over 12-month period. Referring to stock’s 52-week performance, its high was $58.22, and the low was $41.70. On the whole, OMF has fluctuated by 10.98% over the past month.
With the market capitalization of OneMain Holdings Inc currently standing at about $6.88 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 4.12, with its dividend yield at 7.15%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.51B, with a low estimate of 1.18B and a high estimate of 1.19B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.18B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OMF’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.78, with the price of OMF currently trading nearly 7.03% and 5.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.52, while the 7-day volatility ratio is showing 2.20% which for the 30-day chart, stands at 2.26%. Furthermore, OneMain Holdings Inc (OMF)’s beta value is 1.58, and its average true range (ATR) is 1.31.
A comparison of OneMain Holdings Inc (OMF) with its peers suggests the former has fared considerably weaker in the market. OMF showed an intraday change of -0.60% in last session, and over the past year, it grew by 23.71%%.
Data on historical trading for OneMain Holdings Inc (NYSE:OMF) indicates that the trading volumes over the past 10 days have averaged 0.88 and over the past 3 months, they’ve averaged 970.78K. According to company’s latest data on outstanding shares, there are 119.40 million shares outstanding.
Nearly 0.61% of OneMain Holdings Inc’s shares belong to company insiders and institutional investors own 87.52% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.61 million shares as on 2024-12-31, resulting in a short ratio of 7.45. According to the data, the short interest in OneMain Holdings Inc (OMF) stood at 526.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 5.53 million. The stock has risen by 10.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OMF stock heading into the next quarter.
