Brokerages Set OppFi Inc. (NYSE:OPFI) PT at $10.25

Shares of OppFi Inc. (NYSE:OPFI) have been assigned a consensus recommendation of “Hold” from the six research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $10.50.

A number of equities research analysts have recently commented on OPFI shares. Stephens reduced their target price on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a report on Tuesday, August 11th. Piper Sandler lowered OppFi to a “neutral” rating in a report on Wednesday, August 26th. Weiss Ratings restated a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. Zacks Research downgraded OppFi from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a research report on Wednesday, August 26th.

OppFi Price Performance

OPFI stock opened at $7.08 on Monday. The company has a market cap of $603.29 million, a price-to-earnings ratio of 3.75 and a beta of 1.77. The company has a fifty day moving average price of $8.74 and a 200 day moving average price of $8.64. OppFi has a 12 month low of $6.50 and a 12 month high of $12.45.

OppFi (NYSE:OPFI) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.11). OppFi had a return on equity of 30.89% and a net margin of 16.64%.The business had revenue of $86.17 million for the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. As a group, analysts anticipate that OppFi will post 1.4 earnings per share for the current year.

Insider Buying and Selling

In other news, Director David Vennettilli sold 28,485 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $7.16, for a total transaction of $203,952.60. Following the completion of the sale, the director owned 154,434 shares in the company, valued at $1,105,747.44. This represents a 15.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Todd G. Schwartz purchased 60,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were bought at an average cost of $7.05 per share, with a total value of $423,000.00. Following the completion of the acquisition, the chief executive officer owned 553,733 shares of the company’s stock, valued at approximately $3,903,817.65. This trade represents a 12.15% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders acquired 101,025 shares of company stock worth $717,080 and sold 136,335 shares worth $1,007,116. Company insiders own 70.20% of the company’s stock.

Institutional Trading of OppFi

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Great Valley Advisor Group Inc. increased its position in shares of OppFi by 6.1% in the second quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock valued at $348,000 after buying an additional 1,423 shares in the last quarter. Quantbot Technologies LP increased its position in OppFi by 20.8% during the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock worth $121,000 after buying an additional 1,494 shares in the last quarter. Zacks Investment Management raised its stake in OppFi by 5.2% in the 3rd quarter. Zacks Investment Management now owns 40,585 shares of the company’s stock valued at $460,000 after purchasing an additional 2,000 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of OppFi by 17.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,282 shares of the company’s stock worth $186,000 after purchasing an additional 2,013 shares during the last quarter. Finally, R Squared Ltd grew its holdings in shares of OppFi by 10.5% during the first quarter. R Squared Ltd now owns 21,684 shares of the company’s stock worth $167,000 after buying an additional 2,053 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

About OppFi

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.