Northland Capmk Has Positive Estimate for OppFi Q2 Earnings

OppFi Inc. (NYSE:OPFI - Free Report) - Northland Capmk lifted their Q2 2025 earnings per share (EPS) estimates for shares of OppFi in a report released on Wednesday, May 7th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings of $0.30 per share for the quarter, up from their prior forecast of $0.26. The consensus estimate for OppFi's current full-year earnings is $0.86 per share.

A number of other equities analysts also recently issued reports on the company. Northland Securities set a $13.00 price target on OppFi in a research report on Thursday, March 6th. JMP Securities upgraded shares of OppFi from a "market perform" rating to a "market outperform" rating and set a $13.50 target price on the stock in a report on Thursday, May 8th. Finally, Citizens Jmp upgraded shares of OppFi from a "market perform" rating to an "outperform" rating and set a $13.50 price target for the company in a report on Thursday, May 8th.

OppFi Stock Performance

OPFI traded up $0.18 during trading on Monday, hitting $11.57. 194,111 shares of the stock were exchanged, compared to its average volume of 836,964. The firm has a 50 day simple moving average of $9.47 and a 200 day simple moving average of $9.37. The firm has a market cap of $999.27 million, a price-to-earnings ratio of 72.79 and a beta of 1.61. OppFi has a 1 year low of $2.82 and a 1 year high of $17.73.

OppFi (NYSE:OPFI - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.12. The firm had revenue of $140.27 million for the quarter, compared to analysts' expectations of $137.71 million. OppFi had a net margin of 1.40% and a return on equity of 35.04%.

OppFi Announces Dividend

The business also recently declared a special dividend, which was paid on Friday, April 18th. Stockholders of record on Tuesday, April 8th were given a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, April 8th.

Insider Buying and Selling

In other news, insider Christopher J. Mckay sold 10,377 shares of the stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $9.00, for a total transaction of $93,393.00. Following the completion of the sale, the insider now owns 248,175 shares in the company, valued at approximately $2,233,575. This represents a 4.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Theodore G. Schwartz sold 165,174 shares of the business's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $10.58, for a total value of $1,747,540.92. Following the transaction, the director now owns 186,737 shares in the company, valued at approximately $1,975,677.46. This trade represents a 46.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,142,466 shares of company stock worth $10,891,479 in the last three months. 72.00% of the stock is owned by insiders.

Hedge Funds Weigh In On OppFi

Several hedge funds and other institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC increased its stake in OppFi by 4.7% during the 4th quarter. NewEdge Advisors LLC now owns 18,328 shares of the company's stock valued at $140,000 after purchasing an additional 831 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in OppFi by 8.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,801 shares of the company's stock worth $83,000 after acquiring an additional 866 shares during the period. Strategic Investment Solutions Inc. IL grew its stake in OppFi by 65.5% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 3,227 shares of the company's stock valued at $30,000 after purchasing an additional 1,277 shares during the last quarter. Wolverine Asset Management LLC increased its holdings in shares of OppFi by 13.7% in the first quarter. Wolverine Asset Management LLC now owns 15,301 shares of the company's stock valued at $142,000 after purchasing an additional 1,845 shares during the period. Finally, Barclays PLC raised its stake in shares of OppFi by 5.6% in the fourth quarter. Barclays PLC now owns 44,521 shares of the company's stock worth $341,000 after purchasing an additional 2,380 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

About OppFi

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.