Key Points
- CEO Todd Schwartz purchased 3,500 OppFi shares at an average price of $7.35, investing $25,725 and increasing his direct ownership to 626,383 shares.
- OppFi’s shares opened at $7.42, near the lower end of their $6.50–$12.45 one-year range. The company recently missed quarterly earnings and revenue estimates, reporting $0.33 EPS and $86.17 million in revenue.
- Institutional ownership stands at 7.10%, with several firms increasing their stakes, while analyst sentiment remains cautious: the stock has an average “Hold” rating and a $10.50 consensus price target.
OppFi Inc. (NYSE:OPFI - Get Free Report) CEO Todd Schwartz acquired 3,500 shares of the stock in a transaction dated Friday, September 4th. The shares were bought at an average price of $7.35 per share, with a total value of $25,725.00. Following the completion of the transaction, the chief executive officer directly owned 626,383 shares of the company's stock, valued at $4,603,915.05. The trade was a 0.56% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
OppFi Price Performance
Shares of OPFI stock opened at $7.42 on Wednesday. The stock has a market capitalization of $631.82 million, a PE ratio of 3.92 and a beta of 1.76. The business's 50 day simple moving average is $8.48 and its 200 day simple moving average is $8.55. OppFi Inc. has a one year low of $6.50 and a one year high of $12.45.
OppFi (NYSE:OPFI - Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.11). OppFi had a return on equity of 30.89% and a net margin of 16.64%.The firm had revenue of $86.17 million during the quarter, compared to analyst estimates of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, research analysts expect that OppFi Inc. will post 1.4 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of OPFI. Arrowstreet Capital Limited Partnership boosted its stake in OppFi by 208.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company's stock worth $1,632,000 after acquiring an additional 142,971 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of OppFi by 14.8% during the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company's stock valued at $29,981,000 after purchasing an additional 389,082 shares during the period. Globeflex Capital L P acquired a new position in shares of OppFi during the second quarter valued at about $3,240,000. Dimensional Fund Advisors LP boosted its position in shares of OppFi by 50.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company's stock worth $3,285,000 after purchasing an additional 141,949 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its stake in shares of OppFi by 53.0% in the 1st quarter. Kestra Advisory Services LLC now owns 176,047 shares of the company's stock valued at $1,357,000 after buying an additional 61,013 shares during the period. Institutional investors and hedge funds own 7.10% of the company's stock.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. Stephens cut their price target on shares of OppFi from $11.00 to $9.50 and set an "equal weight" rating on the stock in a research report on Tuesday, August 11th. Zacks Research lowered OppFi from a "hold" rating to a "strong sell" rating in a research report on Wednesday, August 26th. UBS Group set a $11.00 price objective on OppFi in a research note on Wednesday, August 26th. Piper Sandler lowered OppFi to a "neutral" rating in a research report on Wednesday, August 26th. Finally, Wall Street Zen cut OppFi from a "buy" rating to a "hold" rating in a research note on Sunday, August 16th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $10.50.
Read Our Latest Stock Analysis on OPFI
About OppFi
(
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.
Further Reading
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