Oportun Financial Corporation (NASDAQ:OPRT) Given Average Recommendation of “Hold” by Analysts

Shares of Oportun Financial Corporation (NASDAQ:OPRTGet Free Report) have received an average recommendation of “Hold” from the five brokerages that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $8.00.

A number of brokerages have issued reports on OPRT. JPMorgan Chase & Co. reduced their price target on shares of Oportun Financial from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Weiss Ratings restated a “sell (d+)” rating on shares of Oportun Financial in a research report on Friday, March 27th. Wall Street Zen cut Oportun Financial from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, BTIG Research reiterated a “buy” rating and issued a $9.00 target price on shares of Oportun Financial in a research report on Friday, February 27th.

Check Out Our Latest Research Report on Oportun Financial

Insider Buying and Selling

In other Oportun Financial news, insider Patrick Kirscht sold 54,299 shares of Oportun Financial stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $4.90, for a total value of $266,065.10. Following the sale, the insider owned 439,618 shares of the company’s stock, valued at $2,154,128.20. The trade was a 10.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Kathleen I. Layton sold 19,355 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $4.90, for a total value of $94,839.50. Following the sale, the insider directly owned 225,872 shares in the company, valued at $1,106,772.80. This trade represents a 7.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 9.30% of the company’s stock.

Hedge Funds Weigh In On Oportun Financial

Institutional investors and hedge funds have recently made changes to their positions in the business. Kemnay Advisory Services Inc. bought a new stake in shares of Oportun Financial in the 4th quarter worth about $28,000. Clearstead Advisors LLC lifted its holdings in shares of Oportun Financial by 192.9% in the 4th quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock valued at $29,000 after acquiring an additional 3,671 shares during the last quarter. Abel Hall LLC purchased a new position in Oportun Financial in the first quarter worth about $57,000. State of Alaska Department of Revenue purchased a new position in Oportun Financial in the fourth quarter worth about $58,000. Finally, Virtu Financial LLC bought a new stake in Oportun Financial during the third quarter worth approximately $64,000. 82.70% of the stock is owned by hedge funds and other institutional investors.

Oportun Financial Trading Down 6.7%

NASDAQ OPRT opened at $4.72 on Thursday. The stock’s 50 day moving average is $5.27 and its 200 day moving average is $5.21. Oportun Financial has a 12 month low of $4.03 and a 12 month high of $7.97. The stock has a market cap of $215.89 million, a PE ratio of 12.76 and a beta of 1.24.

Oportun Financial (NASDAQ:OPRTGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. Oportun Financial had a net margin of 1.87% and a return on equity of 12.14%. The business had revenue of $228.76 million during the quarter, compared to analyst estimates of $228.58 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. On average, analysts forecast that Oportun Financial will post 1.13 EPS for the current fiscal year.

Oportun Financial Company Profile

(Get Free Report)

Oportun Financial Corporation (NASDAQ: OPRT) is a financial technology company that provides consumer lending products aimed at serving the underbanked and credit-invisible population in the United States. Headquartered in Redwood City, California, Oportun operates a digital platform that enables borrowers to access credit through unsecured personal installment loans, secured credit-builder loans and a proprietary mobile wallet. The company leverages machine learning and alternative data sources to assess creditworthiness, extending financial services to customers with limited or no traditional credit history.

The company’s core offerings include fixed-term installment loans designed to help individuals cover unexpected expenses, consolidate debt or build credit.

Read More

Analyst Recommendations for Oportun Financial (NASDAQ:OPRT)

Receive News & Ratings for Oportun Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oportun Financial and related companies with MarketBeat.com's FREE daily email newsletter.