FY2025 Earnings Forecast for OppFi Issued By Northland Capmk

OppFi Inc. (NYSE:OPFI) – Research analysts at Northland Capmk upped their FY2025 earnings per share (EPS) estimates for OppFi in a report issued on Wednesday, May 7th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings of $1.24 per share for the year, up from their prior forecast of $1.07. The consensus estimate for OppFi’s current full-year earnings is $0.86 per share.

Several other analysts also recently issued reports on OPFI. Citizens Jmp upgraded OppFi from a “market perform” rating to an “outperform” rating and set a $13.50 price target for the company in a research note on Thursday. Northland Securities set a $13.00 target price on OppFi in a research report on Thursday, March 6th. Finally, JMP Securities raised shares of OppFi from a “market perform” rating to a “market outperform” rating and set a $13.50 price target on the stock in a research report on Thursday.

OppFi Trading Up 0.2 %

OPFI stock opened at $11.63 on Friday. The firm has a market cap of $1.00 billion, a PE ratio of 72.69 and a beta of 1.61. OppFi has a 1 year low of $2.82 and a 1 year high of $17.73. The company has a fifty day simple moving average of $9.28 and a 200 day simple moving average of $9.18.

OppFi (NYSE:OPFI) last announced its quarterly earnings results on Wednesday, May 7th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.26 by $0.12. The business had revenue of $140.27 million during the quarter, compared to analysts’ expectations of $137.71 million. OppFi had a return on equity of 35.04% and a net margin of 1.40%.

OppFi Announces Dividend

The firm also recently announced a special dividend, which was paid on Friday, April 18th. Shareholders of record on Tuesday, April 8th were issued a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, April 8th.

Insider Transactions at OppFi

In other OppFi news, Director Theodore G. Schwartz sold 111,157 shares of the company’s stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $8.84, for a total value of $982,627.88. Following the completion of the transaction, the director now owns 186,737 shares of the company’s stock, valued at $1,650,755.08. This represents a 37.31 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director David Vennettilli sold 43,238 shares of OppFi stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $9.45, for a total value of $408,599.10. Following the sale, the director now directly owns 90,762 shares in the company, valued at $857,700.90. The trade was a 32.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,027,991 shares of company stock worth $9,489,160 over the last three months. 84.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On OppFi

Institutional investors have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL lifted its holdings in shares of OppFi by 65.5% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 3,227 shares of the company’s stock worth $30,000 after acquiring an additional 1,277 shares during the period. GAMMA Investing LLC lifted its stake in OppFi by 2,488.9% during the first quarter. GAMMA Investing LLC now owns 5,152 shares of the company’s stock worth $48,000 after purchasing an additional 4,953 shares during the period. Ancora Advisors LLC acquired a new stake in OppFi during the fourth quarter valued at approximately $65,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of OppFi by 8.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,801 shares of the company’s stock worth $83,000 after buying an additional 866 shares in the last quarter. Finally, Mariner LLC bought a new position in shares of OppFi during the 4th quarter worth approximately $93,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

About OppFi

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.