OppFi (NYSE:OPFI) Shares Gap Up – What’s Next?

OppFi Inc. (NYSE:OPFI)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $9.01, but opened at $9.81. OppFi shares last traded at $9.4610, with a volume of 309,253 shares traded.

Analyst Upgrades and Downgrades

Separately, Citizens Jmp dropped their target price on OppFi from $16.00 to $15.00 and set a “market outperform” rating on the stock in a research report on Friday, April 17th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $14.75.

OppFi Price Performance

The company has a market cap of $808.47 million, a PE ratio of -86.35 and a beta of 1.78. The company has a fifty day moving average price of $8.52 and a 200 day moving average price of $9.45.

OppFi (NYSE:OPFI) last issued its quarterly earnings data on Wednesday, March 11th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.28 by $0.02. OppFi had a return on equity of 45.42% and a net margin of 4.41%.The company had revenue of $85.57 million during the quarter, compared to analyst estimates of $159.80 million. OppFi has set its FY 2026 guidance at 1.760-1.840 EPS. As a group, sell-side analysts predict that OppFi Inc. will post 1.79 EPS for the current fiscal year.

Insider Activity at OppFi

In other news, Director Jocelyn Moore sold 8,190 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $8.53, for a total transaction of $69,860.70. Following the completion of the transaction, the director owned 39,076 shares of the company’s stock, valued at approximately $333,318.28. The trade was a 17.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 72.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Great Valley Advisor Group Inc. increased its stake in OppFi by 6.1% in the second quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock valued at $348,000 after acquiring an additional 1,423 shares during the last quarter. Quantbot Technologies LP increased its stake in OppFi by 20.8% in the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock valued at $121,000 after acquiring an additional 1,494 shares during the last quarter. Zacks Investment Management increased its stake in OppFi by 5.2% in the third quarter. Zacks Investment Management now owns 40,585 shares of the company’s stock valued at $460,000 after acquiring an additional 2,000 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in OppFi by 17.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,282 shares of the company’s stock valued at $186,000 after acquiring an additional 2,013 shares during the last quarter. Finally, R Squared Ltd increased its stake in OppFi by 10.5% in the first quarter. R Squared Ltd now owns 21,684 shares of the company’s stock valued at $167,000 after acquiring an additional 2,053 shares during the last quarter. Institutional investors own 7.10% of the company’s stock.

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.