OneMain Financial (OMF) Prices 10.01M Share Secondary Offering

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OneMain Financial (OMF) Announces 10.01M Share Secondary Offering; Up to $100M Share Buyback

October 26, 2021 6:14 AM EDT

OneMain Holdings, Inc. (NYSE: OMF) (the Company) announced today the commencement of a proposed secondary public offering of 10,010,208 shares of the Companys common stock by an entity managed by affiliates of Apollo Global Management, Inc. (the selling stockholder). The 10,010,208 shares of common stock to be sold in this offering represent approximately 7.6% of the Companys outstanding common stock as of the close of business on October 15, 2021 and represent all of the shares held by the selling stockholder in the Company. The Company is not selling any shares and will not receive any proceeds from the... More

OneMain (OMF) PT Lowered to $60 at BMO Capital

October 22, 2021 8:10 AM EDT

BMO Capital analyst James Fotheringham lowered the price target on OneMain (NYSE: OMF) to $60.00 (from $65.00) while maintaining a Market Perform rating.

The analyst commented, "Despite OMFs 3Q21 small beat, we lower estimates up to 3% due to lower expected NII and higher... More

OneMain (OMF) PT Raised to $87 at Stephens

October 22, 2021 6:31 AM EDT

Stephens analyst Vincent Caintic raised the price target on OneMain (NYSE: OMF) to $87.00 (from $75.00) while maintaining a Overweight rating.... More