OppFi (NYSE:OPFI) Stock Rating Upgraded by Zacks Research

OppFi (NYSE:OPFI) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday, Zacks reports.

OPFI has been the topic of a number of other reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Piper Sandler cut shares of OppFi to a “neutral” rating in a research note on Wednesday, August 26th. Citizens Jmp reissued a “market outperform” rating and set a $11.00 price objective on shares of OppFi in a research report on Wednesday, August 26th. Stephens lowered their price objective on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating on the stock in a research report on Tuesday, August 11th. Finally, UBS Group set a $11.00 price objective on shares of OppFi in a research note on Wednesday, August 26th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $10.50.

OppFi Stock Up 0.2%

OPFI opened at $5.83 on Monday. The firm has a market cap of $496.69 million, a price-to-earnings ratio of 3.08 and a beta of 1.78. OppFi has a 52 week low of $5.77 and a 52 week high of $11.69. The business’s 50 day moving average is $7.00 and its two-hundred day moving average is $8.16.

OppFi (NYSE:OPFI) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.11). The firm had revenue of $86.17 million during the quarter, compared to analysts’ expectations 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. Equities analysts expect that OppFi will post 1.40 EPS for the current fiscal year.

Insider Buying and Selling at OppFi

In other OppFi news, insider Christopher Mckay sold 77,850 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $7.18, for a total transaction of $558,963.00. Following the completion of the sale, the insider directly owned 1,431,479 shares of the company’s stock, valued at approximately $10,278,019.22. This trade represents a 5.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Pamela Johnson sold 8,650 shares of OppFi stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $8.02, for a total value of $69,373.00. Following the completion of the transaction, the chief financial officer owned 151,039 shares in the company, valued at $1,211,332.78. This trade represents a 5.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders purchased 130,640 shares of company stock valued at $936,475 and sold 114,985 shares valued at $832,289. 70.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On OppFi

Hedge funds have recently modified their holdings of the stock. Moran Wealth Management LLC purchased a new position in OppFi in the 1st quarter valued at $84,000. Lazard Asset Management LLC acquired a new position in OppFi in the 1st quarter valued at $91,000. Sei Investments Co. purchased a new position in OppFi during the 1st quarter worth $123,000. Hsbc Holdings PLC raised its position in OppFi by 46.8% during the 1st quarter. Hsbc Holdings PLC now owns 16,539 shares of the company’s stock worth $127,000 after buying an additional 5,269 shares during the last quarter. Finally, R Squared Ltd lifted its stake in shares of OppFi by 10.5% in the 1st quarter. R Squared Ltd now owns 21,684 shares of the company’s stock worth $167,000 after acquiring an additional 2,053 shares during the period. 7.10% of the stock is owned by institutional investors and hedge funds.

OppFi Company Profile

OppFi Inc (NYSE: OPFI) is a financial technology company that provides credit and related financial services to consumers who may have limited access to traditional banking products. The company primarily serves non-prime consumers in the United States and uses technology and data-driven underwriting to evaluate applicants and facilitate access to personal loans.

OppFi’s core offering is its personal-loan platform, which is designed to provide installment credit for expenses such as emergencies, bills and other everyday financial needs.