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

Oportun Financial Corporation (NASDAQ:OPRT) has been assigned an average rating of “Hold” from the six analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $8.1667.

A number of research analysts recently weighed in on OPRT shares. Wall Street Zen cut Oportun Financial from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. BTIG Research reiterated a “buy” rating and issued a $9.00 target price on shares of Oportun Financial in a report on Friday, February 27th. JPMorgan Chase & Co. upgraded Oportun Financial from an “underweight” rating to a “neutral” rating and set a $5.50 target price on the stock in a report on Monday, January 12th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Oportun Financial in a report on Friday, March 27th.

Insider Activity

In other Oportun Financial news, insider Patrick Kirscht sold 54,299 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $2,154,128.20. This trade represents a 10.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kathleen I. Layton sold 19,355 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $4.90, for a total value of $94,839.50. Following the completion of the transaction, the insider directly owned 225,872 shares in the company, valued at $1,106,772.80. This trade represents a 7.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 9.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Kemnay Advisory Services Inc. purchased a new position in Oportun Financial in the fourth quarter valued at about $28,000. Clearstead Advisors LLC raised its position in Oportun Financial by 192.9% in the fourth quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock valued at $29,000 after purchasing an additional 3,671 shares during the period. Virtu Financial LLC purchased a new position in Oportun Financial in the third quarter valued at about $64,000. State of Alaska Department of Revenue purchased a new position in Oportun Financial in the fourth quarter valued at about $58,000. Finally, The Manufacturers Life Insurance Company purchased a new position in Oportun Financial in the second quarter valued at about $85,000. 82.70% of the stock is owned by hedge funds and other institutional investors.

Oportun Financial Trading Up 0.8%

Shares of Oportun Financial stock opened at $4.76 on Wednesday. Oportun Financial has a twelve month low of $4.03 and a twelve month high of $7.97. The stock has a market capitalization of $211.82 million, a P/E ratio of 8.98 and a beta of 1.14. The business’s fifty day moving average price is $4.98 and its 200 day moving average price is $5.23.

Oportun Financial (NASDAQ:OPRT) last issued its earnings results on Thursday, February 26th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. Oportun Financial had a return on equity of 14.82% and a net margin of 2.64%.The firm had revenue of $247.75 million for the quarter, compared to analysts’ expectations of $243.48 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. As a group, sell-side analysts predict that Oportun Financial will post 0.94 EPS for the current year.

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.