Core Insights - The article discusses various high-yield dividend stocks and investment opportunities, emphasizing the importance of reliable income streams for investors [3][6][7] Investment Opportunities - Ares Capital Corp. (NASDAQ: ARCC) is highlighted as a high-yielding business development company (BDC) with a 9.56% dividend yield, specializing in financing middle-market companies through various financial strategies [2][12] - CTO Realty Growth Inc. (NYSE: CTO) is noted for its 9.21% dividend yield and a strong occupancy rate of 96%, making it an attractive option for passive income investors [13][14] - Energy Transfer L.P. (NYSE: ET) is recognized for its substantial 7.68% distribution and extensive portfolio of energy assets, solidifying its position in the midstream energy sector [19][20] - OneMain Holdings Inc. (NYSE: OMF) offers a 7.43% dividend yield and provides personal loan products, indicating significant upside potential from current trading levels [22][25] - Verizon Communications Inc. (NYSE: VZ) is highlighted for its 7.06% dividend and solid performance, trading at 9.13 times its estimated 2026 earnings [26][31] Market Trends - The article notes a potential pullback in the market after significant fluctuations in 2025, suggesting that investors should focus on stocks with solid forward momentum [4][5] - The emphasis on dividend stocks reflects a broader trend among investors seeking reliable income amidst market volatility [6][7]

Financial Performance - For the three months ended September 30, 2025, interest income was $1,392 million, up from $1,282 million in the same period of 2024, while net income increased to $199 million from $157 million[141]. - The company reported a diluted earnings per share of $1.67 for the three months ended September 30, 2025, compared to $1.31 for the same period in 2024[141]. - Adjusted pretax income (non-GAAP) for the three months ended September 30, 2025, was $303 million, an increase from $202 million in 2024[161]. - OMH generated net income of $579 million for the nine months ended September 30, 2025, with a net cash outflow from operating and investing activities totaling $87 million[184]. Receivables and Loan Performance - As of September 30, 2025, the company reported managed receivables of $25.9 billion from approximately 3.7 million customer accounts, an increase from $24.7 billion and 3.4 million accounts at December 31, 2024[124]. - Net finance receivables for personal loans reached $21,225 million for the three months ended September 30, 2025, up from $20,569 million in 2024, with origination volume increasing to $3,520 million from $3,402 million[143]. - Total net finance receivables reached $24.5 billion as of September 30, 2025, up from $23.6 billion at December 31, 2024[173]. - The allowance for finance receivable losses was $2,815 million at the end of Q3 2025, with an allowance ratio of 11.51%[180]. Charge-Off and Delinquency Ratios - The gross charge-off ratio improved to 8.45% for the three months ended September 30, 2025, compared to 8.89% for the same period in 2024[141]. - The net charge-off ratio decreased to 6.67% for the three months ended September 30, 2025, compared to 7.33% in 2024, reflecting improved credit quality[149]. - The delinquency ratio for consumer loans at 30-89 days past due was 3.20% as of September 30, 2025, slightly up from 3.24% at December 31, 2024[177]. Debt and Financing Activities - The company issued a total of $600 million in Senior Notes due 2032 on March 13, 2025, and subsequently issued $800 million in Senior Notes due 2032 on June 11, 2025[127][128]. - Long-term debt balance increased to $22,338 million for the three months ended September 30, 2025, compared to $21,137 million in 2024[143]. - The average daily debt balance increased to $22,152 million for the three months ended September 30, 2025, from $20,906 million in 2024[143]. - As of September 30, 2025, total securitized borrowings amounted to $15.53 billion, with a current collateral balance of $16.77 billion[212]. Stock and Dividend Activities - The company has authorized a stock repurchase program allowing for the repurchase of up to $1.0 billion of its outstanding common stock, which will expire on December 31, 2028[135]. - OMH declared a total dividend of $3.12 per share for the year, amounting to $372 million, with an additional dividend of $1.05 per share declared on October 31, 2025[199][200]. - During the nine months ended September 30, 2025, OMH repurchased 1,322,347 shares of its common stock for an aggregate total of $69 million[197]. Operational Insights - The company aims to expand its product offerings and grow receivables while maintaining a disciplined underwriting model[137]. - Consumer loan volume typically experiences seasonality, being lowest in Q1 and increasing through the end of the year, which affects operating results and cash needs[221]. - The company reported no material off-balance sheet arrangements or exposure to losses associated with unconsolidated VIEs as of September 30, 2025[217]. Compliance and Controls - The company’s disclosure controls and procedures were evaluated as effective as of September 30, 2025, ensuring compliance with SEC rules[225]. - No changes in internal control over financial reporting were reported during the third quarter of 2025 that materially affected the company[226]. - There have been no material changes to critical accounting policies or methodologies for deriving critical accounting estimates during the nine months ended September 30, 2025[219].

Financial Data and Key Metrics Changes - Capital generation was $272 million, up 29% year over year [4] - C&I adjusted earnings were $1.90 per share, up 51% [4] - Total revenue grew 9% to $1.6 billion, with interest income also increasing by 9% [18] - Managed receivables ended the quarter at $25.9 billion, up $1.6 billion or 6% from a year ago [16] - Third quarter GAAP net income was $199 million, or $1.67 per diluted share, up 27% from the previous year [15] Business Line Data and Key Metrics Changes - Originations increased by 5% year over year, totaling $3.9 billion [16] - Credit card receivables reached $834 million, with over 1 million credit card customers [9] - Auto finance receivables were over $2.7 billion, up about $100 million from the last quarter [10] - Consumer loan yield was 22.6%, flat from the second quarter but up 49 basis points year over year [17] Market Data and Key Metrics Changes - 30-plus day delinquency rate was 5.41%, down 16 basis points year over year [5] - C&I net charge-offs were 7%, down 51 basis points compared to the previous year [5] - Consumer loan net charge-offs were 6.7%, down 66 basis points year over year [23] Company Strategy and Development Direction - The company is focused on innovation across products, digital experience, and data science to drive growth [31] - A conservative underwriting posture is maintained while exploring growth opportunities in high credit quality segments [17][38] - The company plans to increase its dividend by $0.01 quarterly, reflecting confidence in business strength [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the health of the consumer and the stability of the non-prime market [32][34] - There is a cautious optimism regarding macroeconomic factors, with expectations for continued year-over-year improvement in credit metrics [36] - The company anticipates capital generation in 2025 will significantly exceed 2024, reflecting strong business momentum [30] Other Important Information - The company has been recognized as one of America's top 100 most loved workplaces for 2025 [12] - A $1 billion share repurchase program was approved, indicating confidence in the company's capital generation [14] - The company has expanded its whole loan sale forward flow agreement, enhancing capital and funding flexibility [27] Q&A Session Summary Question: What is the current health of the non-prime consumer? - Management noted that they are not seeing negative trends in auto credit and that consumers are holding up well, with stable disposable income [32][33] Question: Can you provide insights on the direction of delinquencies? - Management expects continued year-on-year improvement in consumer loan net charge-offs and believes delinquencies are in line with expectations [36] Question: What is the company's stance on underwriting standards? - The company maintains a conservative underwriting posture and is focused on booking loans that meet risk-adjusted return thresholds [38] Question: How is the company managing funding costs? - Funding costs have come in lower than expected due to successful bond issuances and proactive debt management [41][42] Question: What are the company's plans regarding share buybacks? - The company anticipates increasing buybacks as excess capital generation grows, with a $1 billion program approved through 2028 [44] Question: How does the competitive environment look for originations? - The company sees a constructive competitive environment, with originations up 10% year-to-date, and pricing has remained stable [48][49]

Core Insights - The article discusses the importance of enabling Javascript and cookies in browsers to ensure proper functionality and access to content [1] Group 1 - The article highlights that users may face access issues if they have an ad-blocker enabled [1] - It suggests disabling ad-blockers and refreshing the page to proceed [1]

Financial Performance - Originations reached $3.9 billion, a 5% year-over-year increase[13] - Capital Generation increased to $272 million, up 29% year-over-year[14] - Managed Receivables totaled $25.9 billion, reflecting a 6% year-over-year growth[15] - Consumer & Insurance (C&I) Adjusted Diluted EPS increased significantly to $1.90, a 51% year-over-year increase[17] Portfolio Quality - C&I Net Charge-offs decreased by 51 basis points year-over-year to 70%[17] - Consumer Loan Net Charge-offs decreased by 66 basis points year-over-year to 67%[17] - The company's 30+ delinquency rate was 541%, down 16bps year-over-year[47,50] New Products & Receivables - Credit Card Receivables grew to $834 million[16] - Auto Managed Receivables reached $2.7 billion[15] - BrightWay credit card rollout saw 11% quarter-over-quarter receivables growth[38] Capital Allocation - The company declared a dividend of $105 per share, an increase from $104[17] - The dividend yield is approximately 7% based on the closing share price on October 29, 2025[17] - The board authorized a $1 billion share repurchase program through December 31, 2028[17]

分组1 - OneMain Holdings reported quarterly earnings of $1.9 per share, exceeding the Zacks Consensus Estimate of $1.58 per share, and up from $1.26 per share a year ago, representing an earnings surprise of +20.25% [1] - The company posted revenues of $1.07 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.42%, and an increase from $981 million year-over-year [2] - OneMain has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] 分组2 - The stock has underperformed the market with a gain of about 6.9% since the beginning of the year, compared to the S&P 500's gain of 16% [3] - The current consensus EPS estimate for the upcoming quarter is $1.56 on revenues of $1.06 billion, and for the current fiscal year, it is $6.27 on revenues of $4.1 billion [7] - The Financial - Consumer Loans industry, to which OneMain belongs, is currently ranked in the top 39% of Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Financial Performance - OneMain reported pretax income of $263 million and net income of $199 million for Q3 2025, compared to $207 million and $157 million in the prior year quarter, respectively[1]. - Earnings per diluted share increased to $1.67 in Q3 2025 from $1.31 in the prior year quarter[1]. - Total revenue for Q3 2025 was $1.6 billion, up 9% from $1.5 billion in the prior year quarter[8]. - For Q3 2025, OneMain Holdings reported net income of $199 million, an increase from $167 million in Q2 2025, reflecting a 19.2% quarter-over-quarter growth[26]. - OneMain's diluted EPS for Q3 2025 was $1.67, compared to $1.40 in Q2 2025, reflecting a 19.3% increase[26]. - The company reported a return on assets of 3.0% for Q3 2025, an improvement from 2.5% in Q2 2025[26]. - The company reported a net loss on repurchases and repayments of debt amounting to $39 million for Q3 2025, compared to $20 million in Q2 2025[30]. - OneMain Holdings' total other revenues for Q3 2025 were $200 million, up from $195 million in Q2 2025[32]. Consumer and Insurance Segment - The Consumer and Insurance segment adjusted pretax income was $303 million, up from $202 million in the prior year quarter, with adjusted net income rising to $227 million from $151 million[5]. - The adjusted pretax income (non-GAAP) for the Consumer & Insurance segment was $303 million for Q3 2025, compared to $231 million in Q2 2025, reflecting a 31.1% increase[32]. - The adjusted net income (non-GAAP) for Q3 2025 was $227 million, compared to $173 million in Q2 2025, representing a 31.2% increase[32]. Loan and Receivables Performance - Managed receivables reached $25.9 billion, a 6% increase from $24.3 billion a year earlier[7]. - Consumer loan originations totaled $3.9 billion, reflecting a 5% increase from $3.7 billion in the prior year quarter[8]. - OneMain's net finance receivables reached $24.465 billion as of September 30, 2025, up from $23.870 billion in Q2 2025, representing a 2.5% increase[28]. - The total net finance receivables reached $24,490 million as of September 30, 2025, up from $23,901 million in the previous quarter, indicating a growth of 2.5%[34]. - Average net receivables for Q3 2025 increased to $24,238 million, compared to $23,634 million in Q2 2025, representing a growth of 2.6%[35]. - Origination volume for consumer loans in Q3 2025 was $3,889 million, slightly down from $3,907 million in Q2 2025, indicating stable lending activity[37]. Expenses and Loss Provisions - Operating expenses increased to $427 million, up 8% from $396 million in the prior year quarter, due to receivable growth and strategic investments[11]. - The provision for finance receivable losses was $488 million, down $24 million compared to the prior year period[9]. - The provision for finance receivable losses was $488 million for Q3 2025, slightly down from $511 million in Q2 2025[32]. - Net charge-offs for Q3 2025 were $427 million, a decrease from $445 million in Q2 2025, showing a 4.0% improvement[26]. - Net charge-offs for Q3 2025 totaled $428 million, a decrease from $446 million in Q2 2025, showing a reduction in loan defaults[35]. - Gross charge-offs for consumer loans in Q3 2025 were $480 million, down from $496 million in Q2 2025, indicating a positive trend in loan performance[37]. - Net charge-off ratio for consumer loans in Q3 2025 was 6.67%, a decrease from 7.19% in Q2 2025, reflecting improved loan quality[37]. Shareholder Returns and Equity - The company declared a quarterly dividend of $1.05 per share, a 1% increase from the previous dividend of $1.04[2]. - OneMain repurchased approximately 540 thousand shares for $32 million during the quarter, with a new $1.0 billion share repurchase program approved[3]. - Total shareholders' equity increased to $3.378 billion as of September 30, 2025, from $3.326 billion in Q2 2025, a rise of 1.6%[29]. Asset Management - The company’s total assets reached $26.985 billion as of September 30, 2025, compared to $26.628 billion at the end of Q2 2025, marking a 1.3% increase[28]. - The allowance for finance receivable losses stood at $2.815 billion as of September 30, 2025, up from $2.754 billion in Q2 2025, indicating a 2.2% increase[28]. - The allowance for finance receivable losses stood at $2,818 million, with an allowance ratio of 11.51% as of September 30, 2025[34]. - The company maintained undrawn conduit facilities of $5.999 billion as of September 30, 2025, unchanged from Q2 2025[29]. Future Outlook - Total revenue for the fiscal year 2024 is projected to be higher than the previous year, driven by strategic market expansions and new product offerings[35].

Financial Performance - OneMain Holdings reported pretax income of $263 million and net income of $199 million for Q3 2025, an increase from $207 million and $157 million in the same quarter last year [1] - Earnings per diluted share rose to $1.67 in Q3 2025, compared to $1.31 in the prior year quarter [1] - Total revenue for Q3 2025 was $1.6 billion, up 9% from $1.5 billion in the prior year quarter, driven by receivable growth and improved portfolio yield [8] Dividend and Share Repurchase - The company declared a quarterly dividend of $1.05 per share, a 1% increase from the previous dividend of $1.04 [2] - OneMain repurchased approximately 540 thousand shares of common stock for $32 million during the quarter and has approved a $1.0 billion share repurchase program expiring on December 31, 2028 [3] Consumer and Insurance Segment - The Consumer and Insurance segment reported adjusted pretax income of $303 million and adjusted net income of $227 million for Q3 2025, compared to $202 million and $151 million in the prior year quarter [5] - Adjusted earnings per diluted share for this segment were $1.90, up from $1.26 in the prior year quarter [5] Capital Generation and Receivables - Capital generation for Q3 2025 was $272 million, an increase from $211 million in the prior year quarter, driven by receivable growth and improved credit performance [6] - Managed receivables reached $25.9 billion as of September 30, 2025, a 6% increase from $24.3 billion a year earlier [7] Interest and Expenses - Interest income for Q3 2025 was $1.4 billion, up 9% from $1.3 billion in the prior year quarter, while interest expense increased to $320 million, a 7% rise from $299 million [8][9] - Operating expenses for Q3 2025 were $427 million, reflecting an 8% increase from $396 million in the prior year quarter [10] Delinquency and Loss Ratios - The 30+ days delinquency ratio for consumer loans was 5.55% as of September 30, 2025, compared to 5.63% a year earlier, indicating improved credit trends [10] - Net charge-offs were reported at 6.67%, down from 7.33% in the prior year [10] Funding and Liquidity - As of September 30, 2025, OneMain had principal debt balances of $22.6 billion, with 54% secured, and $658 million in cash and cash equivalents [11] - The company has significant liquidity resources, including $1.1 billion of undrawn committed capacity from an unsecured corporate revolver and $10.9 billion of unencumbered receivables [12]

Core Viewpoint - OneMain Holdings is considered a buyable company due to its 100-year history, transparent management, and a forward PE of 9, along with a 7% dividend yield [1] Group 1: Company Overview - OneMain Holdings has a long-standing history of 100 years, indicating stability and reliability [1] - The company is characterized by transparent management and reporting practices, which enhances investor confidence [1] - It trades at a forward price-to-earnings (PE) ratio of 9, suggesting a decent valuation compared to its earnings potential [1] - The company offers a 7% dividend, providing a stable income stream for investors [1] Group 2: Analyst Perspective - The analysis emphasizes the importance of value and growth trends, as well as the significance of corporate governance and accounting practices [1] - The analyst aims to provide insights that go beyond typical analyses, utilizing academic research and modeling secular trends [1]

Core Viewpoint - OneMain Holdings is considered a buyable company due to its 100-year history, transparent management, and a forward PE of 9, along with a 7% dividend yield [1] Group 1: Company Overview - OneMain Holdings has a long-standing history of 100 years, indicating stability and reliability in its operations [1] - The company is characterized by transparent management and reporting practices, which enhances investor confidence [1] Group 2: Financial Metrics - The forward price-to-earnings (PE) ratio is noted to be 9, which is considered tolerable and suggests decent valuation [1] - OneMain Holdings offers a dividend yield of 7%, providing a stable income stream for investors [1] Group 3: Analyst Perspective - The analysis emphasizes a focus on value, growth, secular trends, and accounting practices, indicating a comprehensive approach to evaluating investment opportunities [1]