OneMain Holdings is a financial service holding company. Co. provides origination, underwriting and servicing of personal loans to nonprime customers. Within its consumer and insurance segment, Co. originates and services secured and unsecured personal loans, provides credit cards, and provides optional credit and non-credit insurance and related products through its branch and centralized operations. Personal loan origination and servicing, credit cards, and insurance products form the main of Co.'s operations. Co.'s insurance business is conducted through its wholly-owned insurance subsidiaries, American Health and Life Insurance Company and Triton Insurance Company. We show 27 historical shares outstanding datapoints in our OMF shares outstanding history coverage, used to compute OMF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OMF market cap history over the course of time is important for investors
interested in comparing OMF's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of OMF versus a peer is one thing; comparing
OMF market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like OMF can fluctuate over the course of history.
With this page we aim to empower investors researching OMF by allowing them to research the OMF market cap history. |
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Video: The Importance of Market Cap
