Shares of OppFi Inc. (NYSE:OPFI – Get Free Report) have earned a consensus recommendation of “Hold” from the six ratings firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $10.50.
A number of equities research analysts have recently issued reports on the company. UBS Group set a $11.00 price objective on OppFi in a research note on Wednesday, August 26th. Citizens Jmp reissued a “market outperform” rating and issued a $11.00 target price on shares of OppFi in a research note on Wednesday, August 26th. Stephens lowered their target price on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a report on Tuesday, August 11th. Wall Street Zen lowered shares of OppFi from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th.
Get Our Latest Stock Report on OPFI
OppFi Price Performance
OppFi (NYSE:OPFI – Get Free Report) last released its earnings results on Monday, August 10th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.11). The company had revenue of $86.17 million for the quarter, compared to the consensus estimate of $155.89 million. OppFi had a return on equity of 30.89% and a net margin of 16.64%.OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, sell-side analysts expect that OppFi will post 1.4 EPS for the current year.
Insider Activity at OppFi
In other OppFi news, insider Christopher J. Mckay sold 77,850 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $7.18, for a total value of $558,963.00. Following the sale, the insider owned 1,431,479 shares in the company, valued at $10,278,019.22. This represents a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Todd G. Schwartz acquired 3,300 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was acquired at an average cost of $7.96 per share, with a total value of $26,268.00. Following the completion of the transaction, the chief executive officer owned 639,958 shares of the company’s stock, valued at approximately $5,094,065.68. The trade was a 0.52% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 130,640 shares of company stock worth $936,475 and sold 114,985 shares worth $832,289. 70.20% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On OppFi
Hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its position in shares of OppFi by 14.8% in the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock valued at $29,981,000 after purchasing an additional 389,082 shares during the period. Renaissance Technologies LLC grew its stake in OppFi by 2.3% in the 1st quarter. Renaissance Technologies LLC now owns 630,308 shares of the company’s stock valued at $4,860,000 after buying an additional 14,100 shares during the last quarter. Dimensional Fund Advisors LP lifted its position 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 acquiring an additional 141,949 shares during the last quarter. Globeflex Capital L P bought a new stake in shares of OppFi during the second quarter worth approximately $3,240,000. Finally, PL Capital Advisors LLC acquired a new position in shares of OppFi in the second quarter valued at approximately $2,979,000. Institutional investors and hedge funds own 7.10% of the company’s stock.
About OppFi
OppFi Inc (NYSE: OPFI) is a financial technology company that provides access to credit for consumers who may have limited or impaired credit histories. Through its OppLoans platform, the company offers unsecured personal installment loans designed to help customers manage expenses, consolidate debt, or address other short-term financial needs.
OppFi uses technology, data analysis, and automated underwriting to evaluate applicants and facilitate loan applications through digital channels.
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