OppFi Inc. (NYSE:OPFI – Get Free Report) CEO Todd Schwartz acquired 3,500 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were bought at an average cost of $7.19 per share, with a total value of $25,165.00. Following the completion of the acquisition, the chief executive officer directly owned 601,733 shares in the company, valued at $4,326,460.27. The trade was a 0.59% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
OppFi Stock Performance
Shares of NYSE:OPFI opened at $7.15 on Friday. The firm has a market capitalization of $609.51 million, a PE ratio of 3.78 and a beta of 1.77. OppFi Inc. has a 52-week low of $6.50 and a 52-week high of $12.45. The firm has a fifty day moving average of $8.77 and a 200 day moving average of $8.66.
OppFi (NYSE:OPFI – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.11). OppFi had a net margin of 16.64% and a return on equity of 30.89%. The firm had revenue of $86.17 million for 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 forecast that OppFi Inc. will post 1.4 EPS for the current fiscal year.
Hedge Funds Weigh In On OppFi
Analysts Set New Price Targets
OPFI has been the subject of several research reports. Piper Sandler lowered OppFi to a “neutral” rating in a research note on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Stephens lowered their price objective on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a report on Tuesday, August 11th. Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Finally, UBS Group set a $11.00 target price on shares of OppFi in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $10.50.
Check Out Our Latest Report on OppFi
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.
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