OppFi (NYSE:OPFI) Issues FY 2025 Earnings Guidance

Key Points

• OppFi has issued its FY 2025 earnings guidance, projecting EPS between 1.390-1.440 and revenue between $578.0 million-$605.0 million, slightly above consensus estimates.
• The company's stock price decreased by $0.83 to $10.50 during trading hours, with a 52-week range of $3.88 to $17.73.
• In recent insider trading, Director Theodore G. Schwartz sold 190,349 shares of OppFi, leading to a 48.81% reduction in his ownership of the company's stock.

OppFi (NYSE:OPFI - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.390-1.440 for the period, compared to the consensus EPS estimate of 1.235. The company issued revenue guidance of $578.0 million-$605.0 million, compared to the consensus revenue estimate of $580.7 million.

OppFi Price Performance

NYSE OPFI traded down $0.83 during trading hours on Thursday, hitting $10.50. 1,003,131 shares of the company's stock traded hands, compared to its average volume of 1,546,732. OppFi has a 52-week low of $3.88 and a 52-week high of $17.73. The company has a market capitalization of $911.51 million, a PE ratio of -28.38 and a beta of 1.71. The firm's 50-day moving average is $12.59 and its 200-day moving average is $11.43.

OppFi (NYSE:OPFI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.15. The business had revenue of $142.44 million for the quarter, compared to analysts' expectations of $141.19 million. OppFi had a negative net margin of 1.79% and a positive return on equity of 48.24%. Equities research analysts predict that OppFi will post 0.86 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on OPFI. Citizens Jmp upgraded shares of OppFi from a "market perform" rating to an "outperform" rating and set a $13.50 price objective for the company in a report on Thursday, May 8th. JMP Securities raised shares of OppFi from a "market perform" rating to a "market outperform" rating and set a $13.50 target price for the company in a report on Thursday, May 8th. Finally, Stephens initiated coverage on shares of OppFi in a research report on Thursday, June 12th. They issued an "equal weight" rating and a $14.50 target price for the company.

Insider Transactions at OppFi

In other news, Director Theodore G. Schwartz sold 190,349 shares of the company's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $12.87, for a total transaction of $2,449,791.63. Following the completion of the sale, the director owned 199,644 shares of the company's stock, valued at $2,569,418.28. This represents a 48.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gregory T. Zeeman sold 50,000 shares of OppFi stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $13.98, for a total value of $699,000.00. Following the completion of the sale, the director owned 149,644 shares in the company, valued at $2,092,023.12. This represents a 25.04% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,240,080 shares of company stock worth $15,334,334 in the last three months. Insiders own 72.00% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in OppFi stock. Rhumbline Advisers increased its stake in OppFi Inc. (NYSE:OPFI - Free Report) by 23.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,362 shares of the company's stock after purchasing an additional 3,662 shares during the quarter. Rhumbline Advisers' holdings in OppFi were worth $180,000 at the end of the most recent quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

OppFi Company Profile

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.

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