Sidoti Boosts Earnings Estimates for Oportun Financial

Oportun Financial Corporation (NASDAQ:OPRT – Free Report) – Investment analysts at Sidoti increased their FY2026 earnings per share estimates for Oportun Financial in a report issued on Wednesday, November 4th. Sidoti analyst B. Mccarthy now forecasts that the company will earn $1.50 per share for the year, up from their previous estimate of $1.28. The consensus estimate for Oportun Financial’s current full-year earnings is $1.28 per share. Sidoti also issued estimates for Oportun Financial’s Q4 2026 earnings at $0.47 EPS, Q3 2027 earnings at $0.62 EPS and FY2027 earnings at $2.00 EPS.

Oportun Financial (NASDAQ:OPRT – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.05. Oportun Financial had a return on equity of 14.67% and a net margin of 3.88%. The business had revenue of $246.28 million during the quarter, compared to analysts’ expectations of $237.87 million.

OPRT has been the subject of several other reports. Jefferies Financial Group raised their price objective on shares of Oportun Financial from $6.00 to $9.00 and gave the stock a “hold” rating in a research report on Wednesday, October 7th. Weiss Ratings upgraded Oportun Financial from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Wall Street Zen raised Oportun Financial from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 24th. Finally, Stephens lifted their target price on Oportun Financial from $12.00 to $14.00 and gave the stock an “overweight” rating in a report on Wednesday, November 4th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $9.25.

Read Our Latest Stock Analysis on OPRT

Oportun Financial Stock Performance

Shares of NASDAQ:OPRT opened at $11.65 on Wednesday. Oportun Financial has a 52-week low of $4.03 and a 52-week high of $13.34. The company has a market capitalization of $536.83 million, a P/E ratio of 9.68 and a beta of 1.29. The company has a 50-day simple moving average of $8.92 and a 200 day simple moving average of $6.43.

Institutional Investors Weigh In On Oportun Financial

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Pinnacle Holdings LLC bought a new position in shares of Oportun Financial in the second quarter valued at $33,000. The Manufacturers Life Insurance Company bought a new position in shares of Oportun Financial in the second quarter valued at approximately $66,000. Canada Pension Plan Investment Board bought a new position in shares of Oportun Financial in the second quarter valued at approximately $74,000. State of Wyoming purchased a new stake in shares of Oportun Financial during the second quarter valued at approximately $76,000. Finally, AXQ Capital LP purchased a new stake in shares of Oportun Financial during the second quarter valued at approximately $78,000. 82.70% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Oportun Financial news, insider Kathleen Layton sold 4,223 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $7.80, for a total value of $32,939.40. Following the sale, the insider owned 292,006 shares in the company, valued at approximately $2,277,646.80. The trade was a 1.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders sold 7,082 shares of company stock valued at $55,240 in the last three months. Corporate insiders own 1.60% of the company’s stock.

About Oportun Financial

(Get Free Report)

Oportun Financial Corp. is a financial technology company that provides credit products and related financial services to consumers in the United States, with a particular focus on serving Hispanic and other traditionally underserved communities. The company uses data-driven underwriting and digital tools to offer customers access to credit, including borrowers who may have limited credit histories. Oportun’s primary products have included unsecured personal loans and credit cards. Through its digital platform and customer service channels, the company has also provided tools intended to help consumers manage borrowing, make payments and build or strengthen their credit profiles.

See Also

Earnings History and Estimates for Oportun Financial (NASDAQ:OPRT)

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