OppFi Inc. (OPFI) - What Are Analysts Saying About This Stock?

Key Points

• Analyst sentiment is broadly neutral: OppFi has a consensus “Hold” rating from six firms—four holds and two buys—with an average 12-month price target of $10.50. Recent moves included Piper Sandler’s downgrade to neutral and Stephens cutting its target from $11 to $9.50.
• Latest quarterly results were mixed: OppFi reported EPS of $0.37, narrowly beating the $0.36 estimate, but revenue of $92.75 million was well below the $152.10 million consensus estimate.
• Insider trading was mixed but net positive by share count: Insiders bought 130,640 shares and sold 114,985 over the last three months; company insiders own 70.2% of the stock.

OppFi Inc. (NYSE:OPFI - Get Free Report) has been assigned a consensus rating of "Hold" from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $10.50.

A number of brokerages have recently commented on OPFI. Piper Sandler lowered shares of OppFi to a "neutral" rating in a research report on Wednesday, August 26th. Weiss Ratings reissued a "hold (c)" rating on shares of OppFi in a research note on Wednesday. Wall Street Zen downgraded OppFi from a "buy" rating to a "hold" rating in a report on Sunday, August 16th. Stephens decreased their price objective on OppFi from $11.00 to $9.50 and set an "equal weight" rating on the stock in a research report on Tuesday, August 11th. Finally, Zacks Research upgraded shares of OppFi from a "strong sell" rating to a "hold" rating in a report on Monday, October 12th.

Insider Transactions at OppFi

In related news, insider Christopher Mckay sold 77,850 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $7.18, for a total value of $558,963.00. Following the transaction, the insider owned 1,431,479 shares in the company, valued at approximately $10,278,019.22. This represents a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Todd Schwartz acquired 3,300 shares of OppFi stock in a transaction that occurred on Friday, September 11th. The shares were purchased at an average cost of $7.96 per share, for a total transaction of $26,268.00. Following the purchase, the chief executive officer directly owned 639,958 shares in the company, valued at $5,094,065.68. The trade was a 0.52% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders purchased 130,640 shares of company stock valued at $936,475 and sold 114,985 shares valued at $832,289. Company insiders own 70.20% of the company's stock.

Institutional Trading of OppFi

Several institutional investors have recently added to or reduced their stakes in OPFI. Lazard Asset Management LLC bought a new position in shares of OppFi during the first quarter worth about $91,000. Sei Investments Co. bought a new stake in OppFi in the first quarter worth $123,000. Hsbc Holdings PLC increased its stake in shares of OppFi by 46.8% in the first quarter. Hsbc Holdings PLC now owns 16,539 shares of the company's stock worth $127,000 after purchasing an additional 5,269 shares during the period. State of Alaska Department of Revenue lifted its position in shares of OppFi by 16.4% in the 3rd quarter. State of Alaska Department of Revenue now owns 26,141 shares of the company's stock worth $157,000 after acquiring an additional 3,689 shares during the period. Finally, Corsair Capital Management L.P. acquired a new position in OppFi during the first quarter worth $229,000. Institutional investors and hedge funds own 7.10% of the company's stock.

OppFi Trading Down 1.2%

OPFI stock opened at $6.20 on Friday. The firm has a 50-day moving average of $6.33 and a two-hundred day moving average of $8.13. OppFi has a 12 month low of $5.36 and a 12 month high of $11.69. The company has a market cap of $527.88 million, a price-to-earnings ratio of 4.08 and a beta of 1.95.

OppFi (NYSE:OPFI - Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.01. OppFi had a return on equity of 26.61% and a net margin of 15.62%. The business had revenue of $92.75 million during the quarter, compared to the consensus estimate of $152.10 million. As a group, equities analysts forecast that OppFi will post 1.36 earnings per share for the current year.

OppFi Company Profile

OppFi Inc is a financial technology company that provides access to credit for consumers who may have limited or impaired credit histories. Through its digital platform, the company offers personal installment loans and related financial products designed to provide borrowers with a structured repayment schedule and access to funds for everyday financial needs.

OppFi's primary brand, OppLoans, uses technology and data-driven underwriting to deliver financial services online. The company has also offered products such as the OppFi Card and other credit-building or cash-flow management solutions, subject to availability and applicable regulatory requirements.

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