OppFi Inc. (NYSE:OPFI) Stock Has Average Price Target of $10.50 According to Brokerages

OppFi Inc. (NYSE:OPFI) has earned an average rating of “Hold” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $10.50.

A number of equities research analysts recently commented on the stock. Citigroup reiterated a “market outperform” rating on shares of OppFi in a report on Thursday. UBS Group set a $11.00 price target on OppFi in a research report on Wednesday, August 26th. Wall Street Zen cut OppFi from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Weiss Ratings reissued a “hold (c)” rating on shares of OppFi in a report on Friday, August 7th. Finally, Stephens cut their price objective on shares of OppFi from $11.00 to $9.50 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th.

Insider Transactions at OppFi

In other news, CEO Todd Schwartz purchased 3,300 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The stock was bought at an average cost of $7.96 per share, with a total value of $26,268.00. Following the completion of the purchase, the chief executive officer owned 639,958 shares in the company, valued at approximately $5,094,065.68. This represents a 0.52% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Pamela Johnson sold 8,650 shares of the company’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $8.02, for a total transaction of $69,373.00. Following the sale, the chief financial officer directly owned 151,039 shares in the company, valued at approximately $1,211,332.78. The trade was a 5.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have bought 130,640 shares of company stock valued at $936,475 and have sold 114,985 shares valued at $832,289. Insiders own 70.20% of the company’s stock.

Hedge Funds Weigh In On OppFi

A number of institutional investors have recently modified their holdings of OPFI. R Squared Ltd grew its stake in OppFi by 10.5% during the 1st quarter. R Squared Ltd now owns 21,684 shares of the company’s stock valued at $167,000 after acquiring an additional 2,053 shares in the last quarter. State of Wyoming grew its stake in shares of OppFi by 7.9% in the first quarter. State of Wyoming now owns 42,739 shares of the company’s stock valued at $330,000 after buying an additional 3,139 shares in the last quarter. State of Alaska Department of Revenue increased its stake in OppFi by 16.4% during the third quarter. State of Alaska Department of Revenue now owns 26,141 shares of the company’s stock worth $157,000 after purchasing an additional 3,689 shares during the period. Hsbc Holdings PLC increased its stake 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 period. Finally, Cetera Investment Advisers lifted its holdings in OppFi by 24.7% during the 1st quarter. Cetera Investment Advisers now owns 30,491 shares of the company’s stock worth $235,000 after buying an additional 6,041 shares in the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

OppFi Stock Down 1.7%

Shares of NYSE:OPFI opened at $5.55 on Tuesday. The stock has a market cap of $473.34 million, a PE ratio of 2.94 and a beta of 1.78. The company’s fifty day moving average is $6.70 and its 200 day moving average is $8.10. OppFi has a 52 week low of $5.55 and a 52 week high of $11.69.

OppFi (NYSE:OPFI) last posted its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. Sell-side analysts anticipate that OppFi will post 1.40 EPS for the current year.

About OppFi

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.