OppFi Inc. (NYSE:OPFI) Stock Has Consensus Target Price of $10.50 According to Analysts

Shares of OppFi Inc. (NYSE:OPFI – Get Free Report) have been assigned a consensus recommendation of “Hold” from the six brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $10.50.

A number of brokerages have recently issued reports on OPFI. UBS Group set a $11.00 target price on OppFi in a report on Wednesday, August 26th. Zacks Research cut OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Piper Sandler lowered shares of OppFi to a “neutral” rating in a research note on Wednesday, August 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Finally, 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 report on Tuesday, August 11th.

Check Out Our Latest Research Report on OppFi

Insider Activity

In other news, CFO Pamela D. Johnson sold 8,650 shares of the firm’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $8.02, for a total value of $69,373.00. Following the completion of the sale, the chief financial officer owned 151,039 shares of the company’s stock, valued at $1,211,332.78. This trade represents a 5.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Christopher J. Mckay sold 77,850 shares of OppFi 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 transaction, the insider owned 1,431,479 shares in the company, valued at $10,278,019.22. This represents a 5.16% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have bought 130,640 shares of company stock valued at $936,475 and have sold 114,985 shares valued at $832,289. Corporate insiders own 70.20% of the company’s stock.

Institutional Investors Weigh In On OppFi

A number of institutional investors have recently bought and sold shares of OPFI. AXQ Capital LP purchased a new position in OppFi during the 2nd quarter valued at about $426,000. PL Capital Advisors LLC purchased a new stake in shares of OppFi in the second quarter worth approximately $2,979,000. Wellington Management Group LLP boosted 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 worth $29,981,000 after purchasing an additional 389,082 shares during the period. Globeflex Capital L P purchased a new position in OppFi during the second quarter valued at approximately $3,240,000. Finally, Bank of New York Mellon Corp acquired a new position in OppFi in the 2nd quarter valued at approximately $891,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

OppFi Stock Performance

OppFi stock opened at $6.24 on Friday. The firm has a market cap of $531.28 million, a price-to-earnings ratio of 3.30 and a beta of 1.76. OppFi has a 1 year low of $6.20 and a 1 year high of $12.45. The firm’s 50 day moving average price is $7.87 and its two-hundred day moving average price is $8.37.

OppFi (NYSE:OPFI – Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.11). The company had revenue of $86.17 million for the quarter, compared to analyst estimates 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. As a group, equities analysts predict that OppFi will post 1.4 EPS for the current fiscal year.

About OppFi

(Get Free Report)

OppFi Inc (NYSE: OPFI) is a financial technology company that provides access to credit for consumers who may have limited or impaired credit histories. Through its OppLoans platform, the company offers unsecured personal installment loans designed to help customers manage expenses, consolidate debt, or address other short-term financial needs.

OppFi uses technology, data analysis, and automated underwriting to evaluate applicants and facilitate loan applications through digital channels.

Further Reading

Analyst Recommendations for OppFi (NYSE:OPFI)

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