OppFi (NYSE:OPFI) Hits New 12-Month Low – What’s Next?

OppFi Inc. (NYSE:OPFI) shares reached a new 52-week low during trading on Monday . The company traded as low as $6.47 and last traded at $6.4750, with a volume of 91618 shares traded. The stock had previously closed at $6.53.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on OPFI shares. Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a research note on Friday, August 7th. Citigroup reiterated a “market outperform” rating on shares of OppFi in a report on Tuesday, August 11th. Piper Sandler lowered OppFi to a “neutral” rating in a research note on Wednesday, August 26th. Citizens Jmp restated a “market outperform” rating and set a $11.00 target price on shares of OppFi in a report on Wednesday, August 26th. Finally, Wall Street Zen cut OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $10.50.

OppFi Stock Up 0.7%

The company has a market capitalization of $560.24 million, a P/E ratio of 3.47 and a beta of 1.76. The firm has a fifty day simple moving average of $8.11 and a 200-day simple moving average of $8.45.

OppFi (NYSE:OPFI) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.11). OppFi had a net margin of 16.64% and a return on equity of 30.89%. The business had revenue of $86.17 million during the quarter, compared to analyst estimates of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, sell-side analysts predict that OppFi Inc. will post 1.4 earnings per share for the current fiscal year.

Insider Transactions at OppFi

In related news, insider Christopher Mckay sold 77,850 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $7.18, for a total transaction of $558,963.00. Following the sale, the insider directly owned 1,431,479 shares in the company, valued at $10,278,019.22. This trade represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Pamela Johnson sold 8,650 shares of the company’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $8.02, for a total transaction of $69,373.00. Following the completion of the transaction, the chief financial officer directly owned 151,039 shares of the company’s stock, valued at approximately $1,211,332.78. The trade was a 5.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, 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 insiders.

Institutional Investors Weigh In On OppFi

A number of hedge funds and other institutional investors have recently bought and sold shares of OPFI. Moran Wealth Management LLC acquired a new position in OppFi during the 1st quarter worth approximately $84,000. Lazard Asset Management LLC bought a new stake in shares of OppFi in the first quarter worth $91,000. AXQ Capital LP boosted its holdings in OppFi by 19.5% during the fourth quarter. AXQ Capital LP now owns 15,113 shares of the company’s stock worth $158,000 after purchasing an additional 2,470 shares during the last quarter. Sei Investments Co. bought a new position in OppFi in the first quarter valued at $123,000. Finally, Hsbc Holdings PLC increased its stake in OppFi by 46.8% in the 1st quarter. Hsbc Holdings PLC now owns 16,539 shares of the company’s stock valued at $127,000 after buying an additional 5,269 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

About OppFi

OppFi Inc (NYSE: OPFI) is a financial technology company that provides access to credit for consumers who may have limited or impaired credit histories. Through its OppLoans platform, the company offers unsecured personal installment loans designed to help customers manage expenses, consolidate debt, or address other short-term financial needs.

OppFi uses technology, data analysis, and automated underwriting to evaluate applicants and facilitate loan applications through digital channels.