Northland Securities Forecasts Reduced Earnings for OppFi

Key Points

• Northland Securities lowered OppFi’s FY2026 EPS forecast to $1.34 from $1.38, below the $1.38 analyst consensus. The firm projects FY2027 EPS of $2.00 and FY2028 EPS of $2.60.
• OppFi’s latest quarterly EPS came in at $0.37, exceeding expectations of $0.36, but revenue of $92.75 million fell well short of the $152.10 million consensus estimate.
• The stock traded around $5.84, with analysts maintaining an overall “Hold” rating and an average price target of $10.50; institutional investors own 7.10% of shares, while insiders own 70.20%.

OppFi Inc. (NYSE:OPFI - Free Report) - Equities researchers at Northland Securities cut their FY2026 EPS estimates for shares of OppFi in a research note issued to investors on Wednesday, October 28th. Northland Securities analyst M. Grondahl now forecasts that the company will earn $1.34 per share for the year, down from their prior forecast of $1.38. The consensus estimate for OppFi's current full-year earnings is $1.38 per share. Northland Securities also issued estimates for OppFi's Q4 2026 earnings at $0.28 EPS, Q1 2027 earnings at $0.38 EPS, Q2 2027 earnings at $0.44 EPS, Q4 2027 earnings at $0.61 EPS, FY2027 earnings at $2.00 EPS, Q1 2028 earnings at $0.64 EPS, Q2 2028 earnings at $0.63 EPS, Q3 2028 earnings at $0.64 EPS and FY2028 earnings at $2.60 EPS.

OppFi (NYSE:OPFI - Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.36 by $0.01. OppFi had a net margin of 15.62% and a return on equity of 26.61%. The firm had revenue of $92.75 million for the quarter, compared to analysts' expectations of $152.10 million.

Several other analysts also recently issued reports on OPFI. Weiss Ratings reissued a "hold (c)" rating on shares of OppFi in a report on Friday, August 7th. Wall Street Zen lowered OppFi from a "buy" rating to a "hold" rating in a research report on Sunday, August 16th. Stephens lowered their price objective on OppFi from $11.00 to $9.50 and set an "equal weight" rating for the company in a research note on Tuesday, August 11th. UBS Group set a $11.00 target price on OppFi in a research report on Wednesday, August 26th. Finally, Citizens Jmp restated a "market outperform" rating and set a $11.00 price target on shares of OppFi in a research report on Wednesday, August 26th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, OppFi has an average rating of "Hold" and an average price target of $10.50.

OppFi Trading Up 3.6%

NYSE:OPFI opened at $5.84 on Friday. The firm has a market capitalization of $498.05 million, a PE ratio of 3.85 and a beta of 1.78. The stock has a 50 day moving average of $6.47 and a 200-day moving average of $8.25. OppFi has a 52 week low of $5.36 and a 52 week high of $11.69.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP boosted its position 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 valued at $29,981,000 after purchasing an additional 389,082 shares in the last quarter. PL Capital Advisors LLC acquired a new position in shares of OppFi in the 2nd quarter worth approximately $2,979,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of OppFi by 208.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company's stock worth $1,632,000 after purchasing an additional 142,971 shares in the last quarter. Globeflex Capital L P bought a new stake in shares of OppFi in the 2nd quarter worth approximately $3,240,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of OppFi by 50.0% in the 1st 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. 7.10% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Todd G. Schwartz acquired 3,300 shares of the company's stock in a transaction dated Friday, September 11th. The shares were bought at an average price of $7.96 per share, with a total value of $26,268.00. Following the purchase, the chief executive officer owned 639,958 shares of the company's stock, valued at approximately $5,094,065.68. This represents a 0.52% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Pamela D. Johnson sold 8,650 shares of the company's stock in a transaction on Friday, September 11th. The shares were sold at an average price of $8.02, for a total value of $69,373.00. Following the completion of the sale, the chief financial officer owned 151,039 shares of the company's stock, valued at approximately $1,211,332.78. This trade represents a 5.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders bought 130,640 shares of company stock worth $936,475 and sold 114,985 shares worth $832,289. 70.20% of the stock is currently owned by insiders.

About OppFi

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.