OppFi (NYSE:OPFI) Receives “Market Outperform” Rating from Citizens Jmp

OppFi (NYSE:OPFI)‘s stock had its “market outperform” rating reaffirmed by equities researchers at Citizens Jmp in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $11.00 price target on the stock. Citizens Jmp’s target price indicates a potential upside of 50.44% from the company’s current price.

Other equities analysts have also recently issued reports about the company. UBS Group set a $11.00 price objective on OppFi in a research note on Wednesday. Stephens lowered their target price on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a report on Tuesday, August 11th. Wall Street Zen cut shares of OppFi from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Citigroup restated a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Finally, Piper Sandler downgraded shares of OppFi to a “neutral” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, OppFi currently has an average rating of “Hold” and a consensus price target of $10.50.

OppFi Stock Performance

Shares of OPFI opened at $7.31 on Wednesday. The firm has a market capitalization of $623.06 million, a P/E ratio of 3.87 and a beta of 1.77. OppFi has a 52 week low of $6.50 and a 52 week high of $12.45. The stock has a 50 day moving average price of $8.82 and a two-hundred day moving average price of $8.68.

OppFi (NYSE:OPFI) last posted its earnings results on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.11). The company had revenue of $86.17 million during the quarter, compared to the consensus estimate of $155.89 million. OppFi had a net margin of 16.64% and a return on equity of 30.89%. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, equities analysts forecast that OppFi will post 1.4 earnings per share for the current year.

Insider Transactions at OppFi

In related news, CEO Todd G. Schwartz purchased 3,550 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The shares were bought at an average cost of $7.07 per share, with a total value of $25,098.50. Following the acquisition, the chief executive officer owned 591,283 shares of the company’s stock, valued at $4,180,370.81. This represents a 0.60% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director David Vennettilli sold 28,485 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $7.16, for a total transaction of $203,952.60. Following the transaction, the director owned 154,434 shares of the company’s stock, valued at approximately $1,105,747.44. The trade was a 15.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders have acquired 93,975 shares of company stock worth $666,603 in the last ninety days. Company insiders own 70.20% of the company’s stock.

Institutional Investors Weigh In On OppFi

Several large investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership lifted its stake in shares of OppFi by 208.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock valued at $1,632,000 after buying an additional 142,971 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in OppFi by 50.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock valued at $3,285,000 after acquiring an additional 141,949 shares during the period. Kestra Advisory Services LLC lifted its position in shares of OppFi by 53.0% during the first quarter. Kestra Advisory Services LLC now owns 176,047 shares of the company’s stock worth $1,357,000 after acquiring an additional 61,013 shares in the last quarter. Globeflex Capital L P purchased a new stake in shares of OppFi during the second quarter worth $3,240,000. Finally, State of Wyoming boosted its holdings in shares of OppFi by 7.9% in the first quarter. State of Wyoming now owns 42,739 shares of the company’s stock worth $330,000 after acquiring an additional 3,139 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

OppFi Company Profile

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.