OppFi Inc. (NYSE:OPFI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

OppFi Inc. (NYSE:OPFI) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $13.6250.

OPFI has been the topic of a number of recent research reports. Zacks Research raised OppFi from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. Weiss Ratings restated a “sell (d+)” rating on shares of OppFi in a research report on Monday.

OppFi Price Performance

Shares of NYSE OPFI opened at $9.20 on Friday. The stock has a market capitalization of $794.54 million, a P/E ratio of -12.27 and a beta of 1.69. OppFi has a one year low of $6.65 and a one year high of $17.73. The firm’s 50 day simple moving average is $10.33 and its two-hundred day simple moving average is $11.30.

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

Insider Activity at OppFi

In related news, CFO Pamela D. Johnson sold 5,497 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $11.21, for a total transaction of $61,621.37. Following the completion of the transaction, the chief financial officer owned 154,521 shares of the company’s stock, valued at $1,732,180.41. This trade represents a 3.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Christopher J. Mckay sold 9,030 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $11.21, for a total value of $101,226.30. Following the completion of the sale, the insider directly owned 172,129 shares in the company, valued at $1,929,566.09. This trade represents a 4.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 16,763 shares of company stock valued at $185,042 in the last three months. Corporate insiders own 72.00% of the company’s stock.

Hedge Funds Weigh In On OppFi

Hedge funds have recently bought and sold shares of the company. AlphaQuest LLC increased its stake in OppFi by 9.8% during the 2nd quarter. AlphaQuest LLC now owns 11,225 shares of the company’s stock valued at $157,000 after purchasing an additional 1,004 shares in the last quarter. Strategic Investment Solutions Inc. IL increased its position in shares of OppFi by 65.5% during the first quarter. Strategic Investment Solutions Inc. IL now owns 3,227 shares of the company’s stock valued at $30,000 after acquiring an additional 1,277 shares in the last quarter. Great Valley Advisor Group Inc. raised its holdings in OppFi by 6.1% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock worth $348,000 after acquiring an additional 1,423 shares during the last quarter. Quantbot Technologies LP lifted its position in OppFi by 20.8% in the 2nd quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock valued at $121,000 after acquiring an additional 1,494 shares in the last quarter. Finally, Intech Investment Management LLC boosted its stake in OppFi by 15.1% during the 2nd quarter. Intech Investment Management LLC now owns 13,157 shares of the company’s stock valued at $184,000 after purchasing an additional 1,731 shares during the last quarter. Institutional investors own 7.10% of the company’s stock.

OppFi Company Profile

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.