Northland Securities analyst Michael Grondahl maintains $OneMain (OMF.US)$ with a hold rating, and maintains the target price at $55.
According to TipRanks data, the analyst has a success rate of 51.4% and a total average return of 14.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $OneMain (OMF.US)$'s main analysts recently are as follows:
OneMain's third-quarter earnings surpassed expectations, with credit performance standing out as a positive aspect during the period. Additionally, the company experienced stronger-than-anticipated originations and a sequential increase in revenue yields.
The shares of OneMain experienced a rally post-earnings, believed to be driven by an improvement in delinquencies that surpassed expectations. Continued progress in credit, including a clear view of the normalized net charge-off range of 6%-7%, remains a focal point for maintaining a cautious stance.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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