OppFi (NYSE:OPFI) Issues FY 2025 Earnings Guidance

OppFi (NYSE:OPFI - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.180-1.260 for the period, compared to the consensus estimate of 1.070. The company issued revenue guidance of $563.0 million-$594.0 million, compared to the consensus revenue estimate of $576.6 million.

Analyst Upgrades and Downgrades

OPFI has been the subject of several analyst reports. Northland Securities set a $13.00 price objective on OppFi in a research report on Thursday, March 6th. Citizens Jmp raised OppFi from a "market perform" rating to an "outperform" rating and set a $13.50 price target on the stock in a research note on Thursday. Finally, JMP Securities raised OppFi from a "market perform" rating to a "market outperform" rating and set a $13.50 price target on the stock in a research note on Thursday.

OppFi Stock Performance

Shares of OPFI stock traded up $0.49 during mid-day trading on Monday, hitting $12.13. 1,405,678 shares of the stock traded hands, compared to its average volume of 824,830. OppFi has a twelve month low of $2.82 and a twelve month high of $17.73. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 75.84 and a beta of 1.61. The company's 50-day simple moving average is $9.28 and its 200-day simple moving average is $9.24.

OppFi (NYSE:OPFI - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.12. OppFi had a return on equity of 35.04% and a net margin of 1.40%. The company had revenue of $140.27 million during the quarter, compared to analyst estimates of $137.71 million. Analysts forecast that OppFi will post 0.86 earnings per share for the current year.

OppFi Announces Dividend

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

Insiders Place Their Bets

In related news, Director Theodore G. Schwartz sold 111,157 shares of the business's stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $8.84, for a total transaction of $982,627.88. Following the transaction, the director now owns 186,737 shares in the company, valued at $1,650,755.08. The trade was a 37.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Christopher J. Mckay sold 10,377 shares of the company's stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $7.54, for a total value of $78,242.58. Following the completion of the transaction, the insider now directly owns 227,421 shares in the company, valued at $1,714,754.34. This trade represents a 4.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,027,991 shares of company stock valued at $9,489,160 in the last 90 days. Corporate insiders own 84.00% of the company's stock.

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.