OppFi (NYSE:OPFI) Sets New 1-Year Low – Here’s What Happened

OppFi Inc. (NYSE:OPFI) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $7.50 and last traded at $7.5770, with a volume of 67967 shares trading hands. The stock had previously closed at $7.71.

Wall Street Analysts Forecast Growth

Several analysts have commented on OPFI shares. Zacks Research downgraded shares of OppFi from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Weiss Ratings reiterated a “sell (d+)” rating on shares of OppFi in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $14.00.

OppFi Stock Performance

The stock has a fifty day simple moving average of $9.00 and a 200-day simple moving average of $9.90. The stock has a market cap of $642.23 million, a P/E ratio of -68.59 and a beta of 1.73.

OppFi (NYSE:OPFI) last issued its quarterly earnings results on Wednesday, March 11th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.02. The company had revenue of $85.57 million for the quarter, compared to analyst estimates of $159.80 million. OppFi had a return on equity of 45.42% and a net margin of 4.41%.OppFi has set its FY 2026 guidance at 1.760-1.840 EPS. On average, research analysts anticipate that OppFi Inc. will post 0.86 earnings per share for the current year.

Insider Buying and Selling

In other OppFi news, Director Jocelyn Moore sold 8,190 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $8.53, for a total transaction of $69,860.70. Following the completion of the transaction, the director owned 39,076 shares of the company’s stock, valued at $333,318.28. This represents a 17.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 72.00% of the company’s stock.

Institutional Trading of OppFi

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP boosted its holdings in OppFi by 193.3% during the fourth quarter. Wellington Management Group LLP now owns 2,474,102 shares of the company’s stock worth $25,879,000 after purchasing an additional 1,630,450 shares during the last quarter. JPMorgan Chase & Co. grew its position in OppFi by 163.2% in the third quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company’s stock valued at $8,840,000 after purchasing an additional 483,859 shares in the last quarter. Jump Financial LLC acquired a new stake in OppFi in the 3rd quarter valued at $3,056,000. Nuveen LLC increased its stake in OppFi by 53.8% in the 4th quarter. Nuveen LLC now owns 754,039 shares of the company’s stock valued at $7,887,000 after buying an additional 263,744 shares during the last quarter. Finally, Squarepoint Ops LLC lifted its position in OppFi by 342.0% during the 3rd quarter. Squarepoint Ops LLC now owns 291,197 shares of the company’s stock worth $3,299,000 after buying an additional 225,315 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

OppFi Company Profile

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.