OppFi (NYSE:OPFI) Reaches New 12-Month Low - Time to Sell?

Key Points

• OppFi shares fell to a new 52-week low of $5.83, well below their 50-day and 200-day moving averages of $7.16 and $8.19, respectively.
• Analyst sentiment is mixed but leans toward caution: the consensus rating is “Hold”, with an average price target of $10.50. Recent firms lowered ratings or price targets, although some maintained “market outperform” views.
• The company missed quarterly expectations, reporting $0.33 in earnings per share versus $0.44 expected and revenue of $86.17 million versus $155.89 million expected. Insider activity was mixed, with the CEO buying 60,000 shares while a director sold 28,485 shares.

OppFi Inc. (NYSE:OPFI - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday. The company traded as low as $5.83 and last traded at $5.9150, with a volume of 45,126 shares traded. The stock had previously closed at $5.93.

Wall Street Analyst Weigh In

A number of research firms have weighed in on OPFI. Piper Sandler cut shares of OppFi to a "neutral" rating in a research report on Wednesday, August 26th. Wall Street Zen downgraded shares of OppFi from a "buy" rating to a "hold" rating in a research note on Sunday, August 16th. Stephens lowered their target price on shares of OppFi from $11.00 to $9.50 and set an "equal weight" rating for the company in a report on Tuesday, August 11th. Citizens Jmp reaffirmed a "market outperform" rating and set a $11.00 price target on shares of OppFi in a research note on Wednesday, August 26th. Finally, Citigroup reaffirmed a "market outperform" rating on shares of OppFi in a research note on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $10.50.

OppFi Stock Performance

The stock has a fifty day moving average of $7.16 and a 200-day moving average of $8.19. The company has a market cap of $504.87 million, a PE ratio of 3.13 and a beta of 1.78.

OppFi (NYSE:OPFI - Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.11). OppFi had a net margin of 16.64% and a return on equity of 30.89%. The business had revenue of $86.17 million during the quarter, compared to the consensus estimate of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, equities analysts anticipate that OppFi Inc. will post 1.40 EPS for the current fiscal year.

Insider Activity at OppFi

In related news, CEO Todd G. Schwartz acquired 60,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 12th. The stock was bought at an average price of $7.05 per share, for a total transaction of $423,000.00. Following the acquisition, the chief executive officer directly owned 553,733 shares of the company's stock, valued at $3,903,817.65. This represents a 12.15% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David Vennettilli sold 28,485 shares of OppFi stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $7.16, for a total transaction of $203,952.60. Following the sale, the director owned 154,434 shares of the company's stock, valued at $1,105,747.44. The trade was a 15.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have bought 130,640 shares of company stock valued at $936,475 and have sold 114,985 shares valued at $832,289. Insiders own 70.20% of the company's stock.

Institutional Investors Weigh In On OppFi

Large investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its holdings in shares of OppFi by 14.8% in the second 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 during the period. Renaissance Technologies LLC grew its stake in OppFi by 2.3% in the first quarter. Renaissance Technologies LLC now owns 630,308 shares of the company's stock worth $4,860,000 after purchasing an additional 14,100 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in OppFi by 50.0% during 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 during the period. Globeflex Capital L P purchased a new position in OppFi during the 2nd quarter worth $3,240,000. Finally, PL Capital Advisors LLC purchased a new position in OppFi during the 2nd quarter worth $2,979,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

About OppFi

OppFi Inc NYSE: OPFI is a financial technology company that provides credit and related financial services to consumers who may have limited access to traditional banking products. The company primarily serves non-prime consumers in the United States and uses technology and data-driven underwriting to evaluate applicants and facilitate access to personal loans.

OppFi's core offering is its personal-loan platform, which is designed to provide installment credit for expenses such as emergencies, bills and other everyday financial needs.

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