Sidoti Research Analysts Raise Earnings Estimates for OPRT

Oportun Financial Corporation (NASDAQ:OPRT) – Stock analysts at Sidoti raised their Q1 2027 earnings estimates for shares of Oportun Financial in a note issued to investors on Wednesday, November 4th. Sidoti analyst B. Mccarthy now anticipates that the company will post earnings per share of $0.38 for the quarter, up from their previous forecast of $0.28. The consensus estimate for Oportun Financial’s current full-year earnings is $1.28 per share. Sidoti also issued estimates for Oportun Financial’s Q2 2027 earnings at $0.45 EPS, Q4 2027 earnings at $0.57 EPS and FY2028 earnings at $2.38 EPS.

A number of other research firms have also recently commented on OPRT. Jefferies Financial Group lifted their target price on Oportun Financial from $6.00 to $9.00 and gave the stock a “hold” rating in a research report on Wednesday, October 7th. Wall Street Zen raised Oportun Financial from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 24th. Stephens raised their price target on Oportun Financial from $12.00 to $14.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 4th. Finally, Weiss Ratings upgraded Oportun Financial from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $9.25.

Oportun Financial Stock Performance

Shares of OPRT stock opened at $11.62 on Tuesday. The stock’s 50-day moving average is $8.83 and its two-hundred day moving average is $6.40. The firm has a market cap of $534.40 million, a price-to-earnings ratio of 10.84 and a beta of 1.29. Oportun Financial has a 1 year low of $4.03 and a 1 year high of $13.34.

Oportun Financial (NASDAQ:OPRT) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.05. Oportun Financial had a net margin of 3.88% and a return on equity of 14.99%. The firm had revenue of $246.28 million during the quarter, compared to analysts’ expectations of $237.87 million.

Insider Activity at Oportun Financial

In related news, insider Kathleen Layton sold 4,223 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $7.80, for a total value of $32,939.40. Following the completion of the sale, the insider owned 292,006 shares in the company, valued at $2,277,646.80. This represents a 1.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have sold 7,082 shares of company stock valued at $55,240. Insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Meros Investment Management LP purchased a new position in shares of Oportun Financial during the second quarter worth about $6,425,069. Bank of America Corp DE acquired a new position in Oportun Financial in the 2nd quarter valued at about $840,000. Bank of New York Mellon Corp purchased a new stake in Oportun Financial during the 2nd quarter valued at approximately $1,230,000. Empowered Funds LLC purchased a new stake in Oportun Financial during the 2nd quarter valued at approximately $1,162,000. Finally, Dimensional Fund Advisors LP raised its stake in Oportun Financial by 20.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,363,788 shares of the company’s stock valued at $6,287,000 after acquiring an additional 234,723 shares during the last quarter. 82.70% of the stock is owned by hedge funds and other institutional investors.

Oportun Financial Company Profile

Oportun Financial Corp. is a financial technology company that provides credit products and related financial services to consumers in the United States, with a particular focus on serving Hispanic and other traditionally underserved communities. The company uses data-driven underwriting and digital tools to offer customers access to credit, including borrowers who may have limited credit histories.

Oportun’s primary products have included unsecured personal loans and credit cards. Through its digital platform and customer service channels, the company has also provided tools intended to help consumers manage borrowing, make payments and build or strengthen their credit profiles.

Founded in 2005 as Progreso Financiero, the company adopted the Oportun name in 2015 and became a publicly traded company in 2019.