Key Points
- OppFi CEO Todd Schwartz bought 3,500 shares at an average price of $7.16, investing $25,060 and increasing his direct ownership to 584,283 shares.
- OppFi recently reported disappointing quarterly results, with $0.33 in EPS versus the $0.44 consensus estimate and revenue of $86.17 million compared with analysts’ $155.89 million forecast.
- Analyst sentiment is cautious: OppFi has a consensus “Hold” rating and an average price target of $10.25, while the stock recently traded near $7.18, below its 50-day and 200-day moving averages.
OppFi Inc. (NYSE:OPFI - Get Free Report) CEO Todd Schwartz acquired 3,500 shares of the business's stock in a transaction on Wednesday, August 19th. The shares were bought at an average price of $7.16 per share, with a total value of $25,060.00. Following the completion of the transaction, the chief executive officer directly owned 584,283 shares of the company's stock, valued at approximately $4,183,466.28. The trade was a 0.60% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
OppFi Stock Performance
NYSE:OPFI opened at $7.18 on Friday. The stock has a 50 day simple moving average of $8.90 and a 200 day simple moving average of $8.73. OppFi Inc. has a 1-year low of $6.50 and a 1-year high of $12.45. The stock has a market cap of $611.81 million, a P/E ratio of 3.80 and a beta of 1.77.
OppFi (NYSE:OPFI - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.11). The business had revenue of $86.17 million during the quarter, compared to analyst estimates 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. As a group, sell-side analysts forecast that OppFi Inc. will post 1.4 EPS for the current year.
Institutional Investors Weigh In On OppFi
Several institutional investors have recently added to or reduced their stakes in OPFI. PL Capital Advisors LLC bought a new position in OppFi in the 2nd quarter worth approximately $2,979,000. Wellington Management Group LLP increased its holdings 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 worth $29,981,000 after purchasing an additional 389,082 shares during the period. Globeflex Capital L P bought a new stake in OppFi during the second quarter valued at $3,240,000. Bank of New York Mellon Corp bought a new position in shares of OppFi in the second quarter worth approximately $891,000. Finally, Lazard Asset Management LLC bought a new stake in OppFi during the first quarter valued at approximately $91,000. 7.10% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Zacks Research cut OppFi from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 28th. Citizens Jmp decreased their price target on OppFi from $15.00 to $11.00 and set a "market outperform" rating for the company in a research note on Tuesday, August 11th. Wall Street Zen cut shares of OppFi from a "buy" rating to a "hold" rating in a research report on Sunday, August 16th. Stephens reduced their price objective on shares of OppFi from $11.00 to $9.50 and set an "equal weight" rating for the company in a research report on Tuesday, August 11th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of OppFi in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, OppFi has a consensus rating of "Hold" and an average target price of $10.25.
Read Our Latest Stock Analysis on OPFI
OppFi Company Profile
(
Get Free Report)
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.
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