OneMain Holdings (NYSE:OMF) Sheds 6.5% This Week, as Yearly Returns Fall More in Line With Earnings Growth
OneMain Holdings (NYSE:OMF) Sheds 6.5% This Week, as Yearly Returns Fall More in Line With Earnings Growth
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while the OneMain Holdings, Inc. (NYSE:OMF) share price is up 53% in the last five years, that's less than the market return. However, if you include the dividends then the return is market beating. Looking at the last year alone, the stock is up 8.7%.
當你長期購買和持有股票時,你肯定希望它能提供正回報。更好的是,你希望看到股價的上漲幅度超過市場平均水平。對於股東來說,不幸的是,儘管OneMain Holdings, Inc.(紐約證券交易所代碼:OMF)的股價在過去五年中上漲了53%,但仍低於市場回報率。但是,如果您將股息包括在內,那麼回報將超過市場。僅從去年來看,該股就上漲了8.7%。
While the stock has fallen 6.5% this week, it's worth focusing on the longer term and seeing if the stocks historical returns have been driven by the underlying fundamentals.
儘管該股本週下跌了6.5%,但值得關注長期來看,看看股票的歷史回報是否是由基礎基本面推動的。
See our latest analysis for OneMain Holdings
查看我們對OneMain Holdings的最新分析
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
在他的文章中 格雷厄姆和多茲維爾的超級投資者 禾倫·巴菲特描述了股價如何並不總是合理地反映企業的價值。考慮市場對公司的看法發生了怎樣的變化的一種不完美但簡單的方法是將每股收益(EPS)的變化與股價走勢進行比較。
Over half a decade, OneMain Holdings managed to grow its earnings per share at 19% a year. The EPS growth is more impressive than the yearly share price gain of 9% over the same period. So it seems the market isn't so enthusiastic about the stock these days. This cautious sentiment is reflected in its (fairly low) P/E ratio of 8.21.
在過去的五年中,OneMain Holdings設法將其每股收益增長到每年19%。每股收益的增長比同期9%的年度股價增長更令人印象深刻。因此,如今市場似乎對該股並不那麼熱情。這種謹慎的情緒反映在其(相當低的)市盈率8.21上。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
該公司的每股收益(隨着時間的推移)如下圖所示(點擊查看確切數字)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240122/0-d768820acbdb68de01374656b9c264e8-0-01f83df240c7d1452ccd59054dec1107.png/big)
This free interactive report on OneMain Holdings' earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
如果你想進一步調查該股,這份關於OneMain Holdings收益、收入和現金流的免費互動報告是一個很好的起點。
What About Dividends?
分紅呢?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for OneMain Holdings the TSR over the last 5 years was 180%, which is better than the share price return mentioned above. This is largely a result of its dividend payments!
在考慮投資回報時,重要的是要考慮兩者之間的區別 股東總回報 (TSR) 和 股價回報。儘管股價回報率僅反映股價的變化,但股東總回報率包括股息的價值(假設已進行再投資)以及任何折扣融資或分拆的收益。可以說,股東總回報率更全面地描述了股票產生的回報。我們注意到,對於OneMain Holdings而言,過去5年的股東總回報率爲180%,好於上述股價回報率。這在很大程度上是其股息支付的結果!
A Different Perspective
不同的視角
OneMain Holdings' TSR for the year was broadly in line with the market average, at 20%. It has to be noted that the recent return falls short of the 23% shareholders have gained each year, over half a decade. Although the share price growth has slowed, the longer term story points to a business well worth watching. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. To that end, you should learn about the 2 warning signs we've spotted with OneMain Holdings (including 1 which is a bit unpleasant) .
OneMain Holdings今年的股東總回報率與市場平均水平基本持平,爲20%。必須指出的是,最近的回報率低於五年來股東每年獲得的23%。儘管股價增長放緩,但從長遠來看,該業務值得關注。我發現將長期股價視爲業務績效的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。爲此,你應該了解我們在OneMain Holdings發現的2個警告信號(包括一個有點不愉快的警告)。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
當然,通過尋找其他地方,你可能會找到一筆不錯的投資。因此,請看一下我們預計收益將增加的這份免費公司名單。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
請注意,本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。