OppFi (NYSE:OPFI) Sets New 1-Year Low – Should You Sell?

OppFi Inc. (NYSE:OPFI)’s stock price reached a new 52-week low during mid-day trading on Monday. The company traded as low as $5.83 and last traded at $5.9150, with a volume of 45,126 shares traded. The stock had previously closed at $5.93.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Zacks Research upgraded OppFi from a “strong sell” rating to a “hold” rating in a research note on Monday. Wall Street Zen downgraded OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Citizens Jmp reissued a “market outperform” rating and issued a $11.00 price objective on shares of OppFi in a report on Wednesday, August 26th. Stephens decreased their price objective on OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a report on Tuesday, August 11th. Finally, UBS Group set a $11.00 price objective on OppFi in a research note on Wednesday, August 26th. 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, the company presently has a consensus rating of “Hold” and a consensus target price of $10.50.

OppFi Stock Performance

The company has a market capitalization of $496.69 million, a PE ratio of 3.08 and a beta of 1.78. The stock’s 50 day moving average is $7.00 and its 200 day moving average is $8.16.

OppFi (NYSE:OPFI) last released its quarterly earnings data 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). OppFi had a net margin of 16.64% and a return on equity of 30.89%. The business had revenue of $86.17 million during the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, equities research analysts forecast that OppFi Inc. will post 1.40 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Pamela D. Johnson sold 8,650 shares of the business’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $8.02, for a total transaction of $69,373.00. Following the sale, the chief financial officer directly owned 151,039 shares in the company, valued at approximately $1,211,332.78. The trade was a 5.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Christopher J. Mckay sold 77,850 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $7.18, for a total value of $558,963.00. Following the sale, the insider owned 1,431,479 shares in the company, valued at approximately $10,278,019.22. The trade was a 5.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders bought 130,640 shares of company stock valued at $936,475 and sold 114,985 shares valued at $832,289. Company insiders own 70.20% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its position in 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 last quarter. Globeflex Capital L P purchased a new position in OppFi in the 2nd quarter worth approximately $3,240,000. PL Capital Advisors LLC purchased a new position in OppFi in the 2nd quarter worth approximately $2,979,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of OppFi by 208.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock worth $1,632,000 after buying an additional 142,971 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of OppFi by 50.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock worth $3,285,000 after buying an additional 141,949 shares during the last quarter. Institutional investors own 7.10% of the company’s stock.

About OppFi

OppFi Inc (NYSE: OPFI) is a financial technology company that provides credit and related financial services to consumers who may have limited access to traditional banking products. The company primarily serves non-prime consumers in the United States and uses technology and data-driven underwriting to evaluate applicants and facilitate access to personal loans.

OppFi’s core offering is its personal-loan platform, which is designed to provide installment credit for expenses such as emergencies, bills and other everyday financial needs.