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News For OMF From the Last 2 Days
OMF
May 1, 2024 | 05:19 EDT
Barclays analyst Terry Ma raised the firm's price target on OneMain to $55 from $54 and keeps an Overweight rating on the shares. The company's delinquencies missed Q1 estimates but the sequential decline was better than normal seasonal trends and the second derivative decelerated compared to last quarter, the analyst tells investors in a research note.
OMF
Apr 30, 2024 | 07:06 EDT
Reports Q1 revenue $1.2B, consensus $1.01B. "We are very pleased with our performance so far in 2024 and encouraged by the direction of credit," said Doug Shulman, Chairman and CEO of OneMain. "We remain highly focused on serving our customers well through the cycle while also executing on our strategic initiatives, including new products and channels."