OppFi (NYSE:OPFI) Shares Down 5.8% – Here’s Why

Shares of OppFi Inc. (NYSE:OPFI) were down 5.8% on Wednesday . The company traded as low as $8.52 and last traded at $8.6680. Approximately 281,189 shares were traded during trading, a decline of 41% from the average daily volume of 476,598 shares. The stock had previously closed at $9.20.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on OPFI shares. Weiss Ratings reissued a “sell (d+)” rating on shares of OppFi in a research note on Monday, December 29th. Zacks Research lowered shares of OppFi from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, OppFi has an average rating of “Hold” and an average price target of $14.00.

OppFi Stock Down 5.6%

The business has a 50-day moving average of $9.55 and a 200-day moving average of $10.09. The stock has a market cap of $749.69 million, a price-to-earnings ratio of -11.53 and a beta of 1.73.

OppFi (NYSE:OPFI) last issued its earnings results on Wednesday, March 11th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.02. The company had revenue of $159.25 million for the quarter, compared to analyst estimates of $159.80 million. OppFi had a return on equity of 55.59% and a net margin of 0.68%.OppFi has set its FY 2026 guidance at 1.760-1.840 EPS. Equities analysts anticipate that OppFi Inc. will post 0.86 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Jocelyn Moore sold 4,464 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $10.91, for a total transaction of $48,702.24. Following the transaction, the director owned 47,266 shares of the company’s stock, valued at approximately $515,672.06. This trade represents a 8.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 72.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Invesco Ltd. lifted its stake in shares of OppFi by 30.4% in the 4th quarter. Invesco Ltd. now owns 48,580 shares of the company’s stock valued at $508,000 after purchasing an additional 11,338 shares during the last quarter. Vident Advisory LLC acquired a new position in OppFi during the fourth quarter worth $730,000. Mackenzie Financial Corp raised its holdings in OppFi by 18.8% during the fourth quarter. Mackenzie Financial Corp now owns 82,039 shares of the company’s stock valued at $887,000 after buying an additional 12,966 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of OppFi in the fourth quarter worth about $350,000. Finally, Wellington Management Group LLP lifted its position in shares of OppFi by 193.3% in the fourth quarter. Wellington Management Group LLP now owns 2,474,102 shares of the company’s stock worth $25,879,000 after buying an additional 1,630,450 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

OppFi Company Profile

OppFi (NYSE: OPFI) is a financial technology company that provides digital lending and credit solutions designed to meet the needs of near-prime consumers in the United States. Through its technology-driven platform, OppFi offers unsecured installment loans under the OppLoans brand, allowing borrowers to access credit online or via mobile devices. The company leverages proprietary data analytics and machine learning models to assess credit risk, streamline underwriting processes and deliver personalized loan products with transparent terms.

Headquartered in Chicago, Illinois, OppFi was founded in 2013 with a mission to increase financial inclusion for underserved and underbanked populations.