OppFi Inc. (NYSE:OPFI) Stock Rated "Hold" by Wall Street Analysts

Key Points

• Analysts rate OppFi “Hold” on average: Of six analysts, three issued hold ratings, two rated it a buy and one rated it a sell. The average 12-month price target is $10.50.
• Shares were trading near their 52-week low: OPFI opened at $5.84, compared with a 52-week range of $5.82 to $11.69, while its 50-day and 200-day moving averages stood at $7.08 and $8.17, respectively.
• Quarterly results fell short of expectations: OppFi reported $0.33 in quarterly EPS versus the $0.44 consensus estimate and revenue of $86.17 million versus analysts’ $155.89 million forecast. Insiders collectively own 70.2% of the company, with recent purchases slightly exceeding sales.

Shares of OppFi Inc. (NYSE:OPFI - Get Free Report) have earned an average rating of "Hold" from the six research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $10.50.

A number of research analysts have weighed in on OPFI shares. Citigroup reaffirmed a "market outperform" rating on shares of OppFi in a research note on Tuesday, August 11th. Piper Sandler downgraded shares of OppFi to a "neutral" rating in a research report on Wednesday, August 26th. UBS Group set a $11.00 price objective on shares of OppFi in a report on Wednesday, August 26th. Weiss Ratings restated a "hold (c)" rating on shares of OppFi in a report on Friday, August 7th. Finally, Wall Street Zen cut shares of OppFi from a "buy" rating to a "hold" rating in a research report on Sunday, August 16th.

Insider Transactions at OppFi

In other OppFi news, Director David Vennettilli sold 28,485 shares of OppFi stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $7.16, for a total value of $203,952.60. Following the sale, the director owned 154,434 shares of the company's stock, valued at $1,105,747.44. This trade represents a 15.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Todd Schwartz purchased 60,000 shares of the company's stock in a transaction on Wednesday, August 12th. The stock was purchased at an average cost of $7.05 per share, for a total transaction of $423,000.00. Following the purchase, the chief executive officer directly owned 553,733 shares in the company, valued at approximately $3,903,817.65. This trade represents a 12.15% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have bought 130,640 shares of company stock worth $936,475 and have sold 114,985 shares worth $832,289. Corporate insiders own 70.20% of the company's stock.

Institutional Investors Weigh In On OppFi

A number of hedge funds and other institutional investors have recently bought and sold shares of OPFI. Wellington Management Group LLP grew its stake in shares of OppFi by 14.8% during the 2nd quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company's stock worth $29,981,000 after acquiring an additional 389,082 shares in the last quarter. PL Capital Advisors LLC acquired a new stake in shares of OppFi in the second quarter valued at approximately $2,979,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of OppFi by 208.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company's stock valued at $1,632,000 after purchasing an additional 142,971 shares during the last quarter. Globeflex Capital L P bought a new stake in shares of OppFi in the second quarter worth $3,240,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of OppFi by 50.0% in the first quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company's stock worth $3,285,000 after purchasing an additional 141,949 shares in the last quarter. Institutional investors and hedge funds own 7.10% of the company's stock.

OppFi Price Performance

NYSE:OPFI opened at $5.84 on Tuesday. OppFi has a fifty-two week low of $5.82 and a fifty-two week high of $11.69. The stock has a market capitalization of $498.05 million, a PE ratio of 3.09 and a beta of 1.78. The business's 50-day simple moving average is $7.08 and its 200-day simple moving average is $8.17.

OppFi (NYSE:OPFI - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.11). The business had revenue of $86.17 million during the quarter, compared to analyst estimates of $155.89 million. OppFi had a net margin of 16.64% and a return on equity of 30.89%. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, research analysts expect that OppFi will post 1.40 earnings per share for the current year.

OppFi Company Profile

OppFi Inc NYSE: OPFI is a financial technology company that provides credit and related financial services to consumers who may have limited access to traditional banking products. The company primarily serves non-prime consumers in the United States and uses technology and data-driven underwriting to evaluate applicants and facilitate access to personal loans.

OppFi's core offering is its personal-loan platform, which is designed to provide installment credit for expenses such as emergencies, bills and other everyday financial needs.

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