Citizens Jmp Lowers OppFi (NYSE:OPFI) Price Target to $15.00

OppFi (NYSE:OPFI) had its target price reduced by stock analysts at Citizens Jmp from $16.00 to $15.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “market outperform” rating on the stock. Citizens Jmp’s price objective suggests a potential upside of 69.20% from the stock’s previous close.

OPFI has been the subject of a number of other research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of OppFi in a research note on Monday, December 29th. Zacks Research lowered OppFi from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $14.75.

OppFi Stock Performance

NYSE:OPFI opened at $8.87 on Friday. The firm has a market cap of $754.59 million, a PE ratio of -80.59 and a beta of 1.78. OppFi has a fifty-two week low of $7.36 and a fifty-two week high of $15.03. The business has a 50 day moving average price of $8.54 and a 200-day moving average price of $9.54.

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

Insider Buying and Selling

In other OppFi news, Director Jocelyn Moore sold 8,190 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $8.53, for a total value of $69,860.70. Following the completion of the transaction, the director owned 39,076 shares in the company, valued at approximately $333,318.28. This represents a 17.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 72.00% of the stock is owned by insiders.

Hedge Funds Weigh In On OppFi

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP lifted its position in OppFi by 669.2% during the third quarter. Quarry LP now owns 3,492 shares of the company’s stock valued at $40,000 after buying an additional 3,038 shares during the period. Accredited Wealth Management LLC purchased a new position in OppFi during the third quarter valued at $49,000. Russell Investments Group Ltd. lifted its position in OppFi by 217.6% during the second quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock valued at $65,000 after buying an additional 3,207 shares during the period. Kemnay Advisory Services Inc. purchased a new position in OppFi during the fourth quarter valued at $95,000. Finally, Jain Global LLC purchased a new position in OppFi during the fourth quarter valued at $112,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

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.