Analysts Set OppFi Inc. (NYSE:OPFI) PT at $13.63

OppFi Inc. (NYSE:OPFI) has been given a consensus rating of “Hold” by the six analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $13.6250.

Several equities research analysts have recently weighed in on OPFI shares. Citigroup reissued an “outperform” rating on shares of OppFi in a research note on Tuesday. Weiss Ratings reiterated a “sell (d+)” rating on shares of OppFi in a report on Monday, December 29th. Finally, Zacks Research lowered shares of OppFi from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th.

Insider Buying and Selling at OppFi

In related news, Director Jocelyn Moore sold 4,464 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $10.91, for a total transaction of $48,702.24. Following the completion of the sale, the director directly owned 47,266 shares of the company’s stock, valued at approximately $515,672.06. This trade represents a 8.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 6,700 shares of company stock valued at $70,896 in the last quarter. Corporate insiders own 72.00% of the company’s stock.

Institutional Trading of OppFi

Institutional investors and hedge funds have recently modified their holdings of the stock. Thoroughbred Financial Services LLC increased its holdings in OppFi by 483.3% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 82,712 shares of the company’s stock worth $1,157,000 after purchasing an additional 68,532 shares during the period. Sierra Summit Advisors LLC bought a new position in shares of OppFi during the 2nd quarter worth $989,000. Sigma Planning Corp bought a new position in shares of OppFi during the 2nd quarter worth $537,000. Allspring Global Investments Holdings LLC purchased a new position in shares of OppFi during the second quarter valued at $499,000. Finally, Globeflex Capital L P raised its holdings in shares of OppFi by 78.1% in the second quarter. Globeflex Capital L P now owns 334,441 shares of the company’s stock valued at $4,679,000 after acquiring an additional 146,645 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

OppFi Price Performance

NYSE:OPFI opened at $9.98 on Tuesday. The firm has a market capitalization of $861.87 million, a price-to-earnings ratio of -13.31 and a beta of 1.69. OppFi has a 1 year low of $7.54 and a 1 year high of $17.73. The business has a 50 day simple moving average of $10.26 and a 200-day simple moving average of $10.56.

OppFi (NYSE:OPFI) last released its earnings results on Wednesday, October 29th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.15. OppFi had a return on equity of 55.59% and a net margin of 0.68%.The firm had revenue of $155.09 million for the quarter, compared to the consensus estimate of $153.42 million. OppFi has set its FY 2025 guidance at 1.540-1.600 EPS. As a group, analysts expect that OppFi will post 0.86 earnings per share for the current fiscal year.

About OppFi

OppFi (NYSE: OPFI) is a financial technology company that provides digital lending and credit solutions designed to meet the needs of near-prime consumers in the United States. Through its technology-driven platform, OppFi offers unsecured installment loans under the OppLoans brand, allowing borrowers to access credit online or via mobile devices. The company leverages proprietary data analytics and machine learning models to assess credit risk, streamline underwriting processes and deliver personalized loan products with transparent terms.

Headquartered in Chicago, Illinois, OppFi was founded in 2013 with a mission to increase financial inclusion for underserved and underbanked populations.