OppFi (NYSE:OPFI) Reaches New 52-Week Low – Here’s Why

OppFi Inc. (NYSE:OPFI)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as $7.37 and last traded at $7.3930, with a volume of 31997 shares changing hands. The stock had previously closed at $7.58.

Wall Street Analyst Weigh In

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

OppFi Trading Down 0.1%

The business has a fifty day moving average price of $8.77 and a 200 day moving average price of $9.79. The firm has a market cap of $639.68 million, a PE ratio of -68.32 and a beta of 1.78.

OppFi (NYSE:OPFI) last announced its quarterly earnings results on Wednesday, March 11th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.02. The firm had revenue of $85.57 million during the quarter, compared to the consensus estimate 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 expect that OppFi Inc. will post 0.86 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Jocelyn Moore sold 8,190 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 39,076 shares of the company’s stock, valued at $333,318.28. This represents a 17.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 72.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On OppFi

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Great Valley Advisor Group Inc. increased its holdings in shares of OppFi by 6.1% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock valued at $348,000 after acquiring an additional 1,423 shares during the period. Quantbot Technologies LP grew its holdings in shares of OppFi by 20.8% during the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock worth $121,000 after buying an additional 1,494 shares during the last quarter. Zacks Investment Management lifted its position in OppFi by 5.2% during the 3rd quarter. Zacks Investment Management now owns 40,585 shares of the company’s stock worth $460,000 after acquiring an additional 2,000 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in OppFi by 17.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,282 shares of the company’s stock valued at $186,000 after buying an additional 2,013 shares during the last quarter. Finally, MML Investors Services LLC increased its stake in OppFi by 4.0% in the 2nd quarter. MML Investors Services LLC now owns 59,974 shares of the company’s stock valued at $839,000 after buying an additional 2,281 shares during the period. 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.