OppFi Inc. (NYSE:OPFI) Receives $10.50 Consensus Price Target from Brokerages

Shares of OppFi Inc. (NYSE:OPFI) have been assigned an average rating of “Hold” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $10.50.

Several research firms have recently weighed in on OPFI. Piper Sandler cut OppFi to a “neutral” rating in a research note on Wednesday, August 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research report on Friday, August 7th. UBS Group set a $11.00 price objective on OppFi in a report on Wednesday, August 26th. Stephens decreased their target price on OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th. Finally, Citigroup restated a “market outperform” rating on shares of OppFi in a research note on Tuesday, August 11th.

Insider Buying and Selling

In related news, CEO Todd Schwartz bought 3,300 shares of the business’s stock in a transaction on Friday, September 11th. The stock was acquired at an average price of $7.96 per share, with a total value of $26,268.00. Following the transaction, the chief executive officer owned 639,958 shares in the company, valued at approximately $5,094,065.68. This trade represents a 0.52% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Pamela Johnson sold 8,650 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $8.02, for a total transaction of $69,373.00. Following the sale, the chief financial officer owned 151,039 shares of the company’s stock, valued at approximately $1,211,332.78. This represents a 5.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have purchased 130,640 shares of company stock worth $936,475 and have sold 114,985 shares worth $832,289. 70.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP boosted its holdings in shares of OppFi by 14.8% in the second quarter. Wellington Management Group LLP now owns 3,019,250 shares of the company’s stock worth $29,981,000 after buying an additional 389,082 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in OppFi by 208.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 211,667 shares of the company’s stock valued at $1,632,000 after buying an additional 142,971 shares during the last quarter. Globeflex Capital L P bought a new position in OppFi in the second quarter worth approximately $3,240,000. PL Capital Advisors LLC bought a new position in OppFi in the second quarter worth approximately $2,979,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of OppFi by 50.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 426,089 shares of the company’s stock worth $3,285,000 after acquiring an additional 141,949 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

OppFi Stock Up 0.8%

NYSE:OPFI opened at $6.58 on Friday. The company’s 50 day moving average price is $8.11 and its 200-day moving average price is $8.45. OppFi has a 52 week low of $6.50 and a 52 week high of $12.45. The stock has a market cap of $561.11 million, a price-to-earnings ratio of 3.48 and a beta of 1.76.

OppFi (NYSE:OPFI) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.11). The firm had revenue of $86.17 million for the quarter, compared to the consensus estimate 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, sell-side analysts anticipate that OppFi will post 1.4 earnings per share for the current year.

About OppFi

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.