Analysts Set OppFi Inc. (NYSE:OPFI) Target Price at $13.63

OppFi Inc. (NYSE:OPFI) has earned a consensus rating of “Hold” from the six analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $13.6250.

A number of research firms have issued reports on OPFI. Weiss Ratings restated a “sell (d+)” rating on shares of OppFi in a research note on Monday, December 29th. Zacks Research downgraded shares of OppFi from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Finally, Citigroup reaffirmed an “outperform” rating on shares of OppFi in a report on Tuesday.

OppFi Trading Down 0.7%

Shares of OPFI opened at $9.91 on Tuesday. The firm has a fifty day simple moving average of $10.26 and a two-hundred day simple moving average of $10.50. The firm has a market cap of $855.43 million, a PE ratio of -13.21 and a beta of 1.69. OppFi has a 1-year low of $7.54 and a 1-year high of $17.73.

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

Insider Activity at OppFi

In other news, Director Jocelyn Moore sold 4,464 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $10.91, for a total value of $48,702.24. Following the completion of the sale, the director directly owned 47,266 shares in the company, valued at $515,672.06. This represents a 8.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. In the last ninety days, insiders sold 6,700 shares of company stock valued at $70,896. Corporate insiders own 72.00% of the company’s stock.

Institutional Trading of OppFi

Hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue bought a new position in shares of OppFi in the fourth quarter worth about $172,000. Allspring Global Investments Holdings LLC increased its holdings in OppFi by 60.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 56,873 shares of the company’s stock worth $586,000 after acquiring an additional 21,536 shares in the last quarter. SG Americas Securities LLC bought a new stake in OppFi during the 4th quarter worth approximately $136,000. JPMorgan Chase & Co. lifted its holdings in OppFi by 163.2% during the third quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company’s stock valued at $8,840,000 after purchasing an additional 483,859 shares in the last quarter. Finally, Tudor Investment Corp ET AL lifted its holdings in OppFi by 0.5% during the third quarter. Tudor Investment Corp ET AL now owns 523,289 shares of the company’s stock valued at $5,929,000 after purchasing an additional 2,532 shares in the last quarter. 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.