OppFi (NYSE:OPFI) Reaches New 12-Month Low – Here’s Why

Shares of OppFi Inc. (NYSE:OPFI) hit a new 52-week low during trading on Friday . The company traded as low as $7.50 and last traded at $7.5770, with a volume of 67967 shares trading hands. The stock had previously closed at $7.71.

Wall Street Analysts Forecast Growth

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

OppFi Stock Performance

The company’s fifty day simple moving average is $9.05 and its two-hundred day simple moving average is $9.92. The stock has a market capitalization of $642.69 million, a P/E ratio of -68.65 and a beta of 1.73.

OppFi (NYSE:OPFI) last issued its quarterly earnings data on Wednesday, March 11th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.02. The company had revenue of $85.57 million during the quarter, compared to analysts’ expectations of $159.80 million. OppFi had a return on equity of 45.42% and a net margin of 4.41%.OppFi has set its FY 2026 guidance at 1.760-1.840 EPS. On average, research analysts predict that OppFi Inc. will post 0.86 earnings per share for the current fiscal year.

Insider Buying and Selling at OppFi

In other news, Director Jocelyn Moore sold 8,190 shares of OppFi stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $8.53, for a total transaction of $69,860.70. Following the completion of the sale, the director owned 39,076 shares of the company’s stock, valued at approximately $333,318.28. This trade represents a 17.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 72.00% of the company’s stock.

Hedge Funds Weigh In On OppFi

A number of hedge funds have recently bought and sold shares of OPFI. Great Valley Advisor Group Inc. boosted its holdings in OppFi by 6.1% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock valued at $348,000 after purchasing an additional 1,423 shares during the period. Quantbot Technologies LP increased its holdings in shares of OppFi by 20.8% during the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock worth $121,000 after purchasing an additional 1,494 shares during the period. Intech Investment Management LLC raised its position in shares of OppFi by 15.1% in the second quarter. Intech Investment Management LLC now owns 13,157 shares of the company’s stock valued at $184,000 after buying an additional 1,731 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its position in shares of OppFi by 56.7% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 5,384 shares of the company’s stock valued at $75,000 after buying an additional 1,948 shares in the last quarter. Finally, Zacks Investment Management boosted its stake in shares of OppFi by 5.2% in the third quarter. Zacks Investment Management now owns 40,585 shares of the company’s stock valued at $460,000 after buying an additional 2,000 shares during the period. 7.10% of the stock is owned by institutional investors.

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.