OppFi (NYSE:OPFI – Get Free Report) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Sunday.
Other equities analysts have also recently issued research reports about the stock. Zacks Research cut shares of OppFi from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Citizens Jmp cut their price objective on OppFi from $15.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Tuesday, August 11th. Citigroup reiterated a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th. Stephens decreased their target price on OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a report on Tuesday, August 11th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, OppFi has a consensus rating of “Hold” and a consensus price target of $10.25.
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OppFi Stock Performance
OppFi (NYSE:OPFI – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.11). OppFi had a net margin of 16.64% and a return on equity of 30.89%. The business had revenue of $86.17 million during the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, sell-side analysts predict that OppFi will post 1.4 earnings per share for the current year.
Insider Buying and Selling
In other news, CEO Todd G. Schwartz acquired 20,000 shares of OppFi stock in a transaction dated Friday, August 14th. The shares were acquired at an average cost of $7.20 per share, for a total transaction of $144,000.00. Following the acquisition, the chief executive officer owned 573,733 shares of the company’s stock, valued at $4,130,877.60. This trade represents a 3.61% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Christina M. Favilla sold 30,000 shares of OppFi stock in a transaction on Monday, June 8th. The stock was sold at an average price of $8.14, for a total transaction of $244,200.00. Following the sale, the director directly owned 156,737 shares of the company’s stock, valued at approximately $1,275,839.18. This trade represents a 16.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 70.20% of the company’s stock.
Institutional Trading of OppFi
A number of hedge funds and other institutional investors have recently bought and sold shares of OPFI. Arrowstreet Capital Limited Partnership increased its holdings in shares of OppFi by 208.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock valued at $1,632,000 after acquiring an additional 142,971 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in OppFi by 50.0% during the first quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock worth $3,285,000 after purchasing an additional 141,949 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in OppFi by 53.0% during the first quarter. Kestra Advisory Services LLC now owns 176,047 shares of the company’s stock worth $1,357,000 after purchasing an additional 61,013 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in OppFi in the fourth quarter valued at approximately $95,000. Finally, Russell Investments Group Ltd. boosted its holdings in OppFi by 217.6% in the second quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock valued at $65,000 after purchasing an additional 3,207 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.
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.
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