OppFi Inc. (NYSE:OPFI) Receives Consensus Rating of “Hold” from Brokerages

Shares of OppFi Inc. (NYSE:OPFI) have received an average recommendation of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $13.6250.

Several research analysts recently weighed in on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of OppFi in a research report on Monday, December 29th. Zacks Research cut shares of OppFi from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Finally, Citigroup reaffirmed an “outperform” rating on shares of OppFi in a report on Tuesday.

Insiders Place Their Bets

In other OppFi news, Director Jocelyn Moore sold 4,464 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $10.91, for a total value of $48,702.24. Following the completion of the transaction, the director owned 47,266 shares in the company, valued at approximately $515,672.06. This represents a 8.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 6,700 shares of company stock valued at $70,896 over the last three months. 72.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On OppFi

A number of institutional investors have recently modified their holdings of the business. Financial Management Professionals Inc. acquired a new position in OppFi in the 2nd quarter worth about $25,000. Quarry LP grew its holdings in OppFi by 669.2% in the third quarter. Quarry LP now owns 3,492 shares of the company’s stock valued at $40,000 after purchasing an additional 3,038 shares during the period. Accredited Wealth Management LLC purchased a new stake in shares of OppFi in the third quarter valued at approximately $49,000. Russell Investments Group Ltd. raised its stake in shares of OppFi by 217.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,681 shares of the company’s stock worth $65,000 after buying an additional 3,207 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey lifted its position in shares of OppFi by 56.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 5,384 shares of the company’s stock valued at $75,000 after buying an additional 1,948 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

OppFi Stock Performance

NYSE:OPFI opened at $9.95 on Tuesday. The firm’s fifty day moving average is $10.25 and its two-hundred day moving average is $10.60. The firm has a market cap of $858.85 million, a price-to-earnings ratio of -13.26 and a beta of 1.69. OppFi has a one year low of $7.54 and a one year high of $17.73.

OppFi (NYSE:OPFI) last released its quarterly earnings data on Wednesday, October 29th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.15. OppFi had a return on equity of 55.59% and a net margin of 0.68%.The business had revenue of $155.09 million during the quarter, compared to analyst estimates of $153.42 million. OppFi has set its FY 2025 guidance at 1.540-1.600 EPS. As a group, equities research analysts predict that OppFi will post 0.86 earnings per share for the current fiscal year.

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.