OppFi (NYSE:OPFI) Releases Quarterly Earnings Results, Beats Expectations By $0.09 EPS

OppFi (NYSE:OPFI) posted its earnings results on Wednesday. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.14 by $0.09, Zacks reports. OppFi had a net margin of 1.40% and a return on equity of 35.04%. During the same quarter in the prior year, the firm earned $0.10 earnings per share. OppFi updated its FY 2025 guidance to 1.060-1.070 EPS.

OppFi Price Performance

Shares of OPFI stock opened at $11.25 on Wednesday. The business has a fifty day moving average of $11.23 and a 200 day moving average of $7.60. The firm has a market capitalization of $969.82 million, a price-to-earnings ratio of 58.32 and a beta of 1.57. OppFi has a 1 year low of $2.35 and a 1 year high of $17.73.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on OPFI shares. Northland Securities increased their price target on shares of OppFi from $8.00 to $10.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. JMP Securities downgraded shares of OppFi from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 12th. Finally, Citizens Jmp lowered OppFi from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th.

About OppFi

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.