OppFi (NYSE:OPFI) Updates 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.

OppFi Stock Performance

OPFI stock traded up $0.80 during mid-day trading on Wednesday, reaching $10.50. 682,910 shares of the stock traded hands, compared to its average volume of 804,570. OppFi has a one year low of $2.67 and a one year high of $17.73. The stock has a market capitalization of $907.43 million, a PE ratio of 64.94 and a beta of 1.61. The business has a 50-day moving average price of $9.18 and a two-hundred day moving average price of $9.08.

OppFi (NYSE:OPFI - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.12. OppFi had a net margin of 1.40% and a return on equity of 35.04%. On average, equities analysts expect that OppFi will post 0.86 earnings per share for the current fiscal year.

OppFi Dividend Announcement

The company also recently disclosed 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 of this dividend was Tuesday, April 8th.

Analyst Ratings Changes

OPFI has been the topic of a number of recent research reports. Citizens Jmp downgraded OppFi from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Northland Securities set a $13.00 price objective on shares of OppFi in a research note on Thursday, March 6th. Finally, JMP Securities downgraded OppFi from an "outperform" rating to a "market perform" rating in a report on Wednesday, February 12th.

Insider Activity at OppFi

In related news, Director David Vennettilli sold 43,238 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $9.45, for a total value of $408,599.10. Following the completion of the transaction, the director now directly owns 90,762 shares of the company's stock, valued at $857,700.90. This trade represents a 32.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Theodore G. Schwartz sold 111,157 shares of the business's stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $8.84, for a total transaction of $982,627.88. Following the sale, the director now directly owns 186,737 shares in the company, valued at approximately $1,650,755.08. This represents a 37.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,027,991 shares of company stock valued at $9,489,160 over the last 90 days. 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.

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