Oportun Financial Corporation (NASDAQ:OPRT) – Investment analysts at Jefferies Financial Group lowered their Q4 2019 earnings per share (EPS) estimates for Oportun Financial in a note issued to investors on Wednesday, November 13th. Jefferies Financial Group analyst J. Hecht now expects that the company will post earnings per share of $0.52 for the quarter, down from their prior estimate of $0.54. Jefferies Financial Group currently has a “Buy” rating and a $19.00 target price on the stock. Jefferies Financial Group also issued estimates for Oportun Financial’s Q2 2020 earnings at $0.35 EPS, Q3 2020 earnings at $0.51 EPS, Q4 2020 earnings at $0.83 EPS and FY2020 earnings at $1.78 EPS.

OPRT has been the topic of several other reports. Keefe, Bruyette & Woods began coverage on shares of Oportun Financial in a research report on Monday, October 21st. They issued an “outperform” rating and a $20.00 target price on the stock. JMP Securities lifted their target price on shares of Oportun Financial from $20.00 to $22.00 and gave the stock a “market outperform” rating in a research report on Wednesday, November 13th. BTIG Research lifted their target price on shares of Oportun Financial to $22.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. lifted their target price on shares of Oportun Financial from $20.00 to $22.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Barclays began coverage on shares of Oportun Financial in a research report on Monday, October 21st. They issued an “overweight” rating and a $21.00 target price on the stock. Six research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of $21.00.

Oportun Financial stock opened at $19.22 on Monday. The stock has a 50 day moving average price of $16.56. Oportun Financial has a fifty-two week low of $14.22 and a fifty-two week high of $19.98.

In related news, major shareholder Madrone Partners, L.P. sold 1,976,455 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of $15.00, for a total transaction of $29,646,825.00. Also, Director Carl Pascarella sold 240,000 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $15.00, for a total transaction of $3,600,000.00.

A hedge fund recently bought a new stake in Oportun Financial stock. Dean Capital Investments Management LLC purchased a new position in shares of Oportun Financial Corporation (NASDAQ:OPRT) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 37,106 shares of the company’s stock, valued at approximately $602,000. Dean Capital Investments Management LLC owned 0.14% of Oportun Financial as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 3.48% of the company’s stock.

About Oportun Financial

Oportun is a high-growth, mission-driven CDFI and provider of inclusive, affordable financial services powered by a deep, data-driven understanding of its customers and advanced proprietary technology. By lending money to hardworking, low-to-moderate-income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities.

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

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