Oportun Financial Corporation (NASDAQ:OPRT) Receives Average Recommendation of “Hold” from Analysts

Shares of Oportun Financial Corporation (NASDAQ:OPRT) have been given a consensus recommendation of “Hold” by the five ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $8.00.

A number of equities analysts recently commented on OPRT shares. Wall Street Zen downgraded shares of Oportun Financial from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. BTIG Research reissued a “buy” rating and issued a $9.00 price objective on shares of Oportun Financial in a research note on Friday, February 27th. JPMorgan Chase & Co. reduced their price objective on shares of Oportun Financial from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Oportun Financial in a research note on Friday, March 27th.

Oportun Financial Stock Down 4.2%

Shares of NASDAQ:OPRT opened at $5.21 on Thursday. The company has a market capitalization of $238.31 million, a price-to-earnings ratio of 14.08 and a beta of 1.30. Oportun Financial has a 52 week low of $4.03 and a 52 week high of $7.97. The firm has a 50 day moving average of $5.20 and a 200 day moving average of $5.19.

Oportun Financial (NASDAQ:OPRT) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.21 EPS for the quarter, hitting analysts’ consensus estimates of $0.21. The company had revenue of $228.76 million during the quarter, compared to the consensus estimate of $228.58 million. Oportun Financial had a net margin of 1.87% and a return on equity of 12.14%. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. On average, sell-side analysts expect that Oportun Financial will post 1.13 EPS for the current year.

Insider Buying and Selling

In other news, insider Kathleen I. Layton sold 19,355 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $4.90, for a total transaction of $94,839.50. Following the transaction, the insider directly owned 225,872 shares of the company’s stock, valued at approximately $1,106,772.80. This represents a 7.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Patrick Kirscht sold 54,299 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $4.90, for a total value of $266,065.10. Following the transaction, the insider directly owned 439,618 shares in the company, valued at approximately $2,154,128.20. The trade was a 10.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 9.30% of the company’s stock.

Hedge Funds Weigh In On Oportun Financial

A number of large investors have recently made changes to their positions in the business. Rhumbline Advisers increased its position in shares of Oportun Financial by 5.8% during the third quarter. Rhumbline Advisers now owns 51,467 shares of the company’s stock worth $318,000 after purchasing an additional 2,817 shares in the last quarter. Flaharty Asset Management LLC increased its position in shares of Oportun Financial by 23.1% during the fourth quarter. Flaharty Asset Management LLC now owns 16,000 shares of the company’s stock worth $85,000 after purchasing an additional 3,000 shares in the last quarter. Clearstead Advisors LLC increased its position in shares of Oportun Financial by 192.9% during the fourth quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock worth $29,000 after purchasing an additional 3,671 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of Oportun Financial during the fourth quarter worth $28,000. Finally, Mackenzie Financial Corp increased its position in shares of Oportun Financial by 11.7% during the third quarter. Mackenzie Financial Corp now owns 56,477 shares of the company’s stock worth $348,000 after purchasing an additional 5,908 shares in the last quarter. 82.70% of the stock is owned by institutional investors and hedge funds.

Oportun Financial Company Profile

Oportun Financial Corporation (NASDAQ: OPRT) is a financial technology company that provides consumer lending products aimed at serving the underbanked and credit-invisible population in the United States. Headquartered in Redwood City, California, Oportun operates a digital platform that enables borrowers to access credit through unsecured personal installment loans, secured credit-builder loans and a proprietary mobile wallet. The company leverages machine learning and alternative data sources to assess creditworthiness, extending financial services to customers with limited or no traditional credit history.

The company’s core offerings include fixed-term installment loans designed to help individuals cover unexpected expenses, consolidate debt or build credit.