OppFi (NYSE:OPFI – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.09, Zacks reports. OppFi had a return on equity of 35.04% and a net margin of 1.40%. The business had revenue of $135.72 million for the quarter, compared to the consensus estimate of $133.50 million. During the same quarter in the prior year, the company earned $0.10 EPS. OppFi updated its FY 2025 guidance to 1.060-1.070 EPS.
OppFi Stock Down 6.7 %
OPFI stock opened at $9.67 on Friday. The stock has a market capitalization of $833.26 million, a PE ratio of 60.41 and a beta of 1.63. OppFi has a 52 week low of $2.35 and a 52 week high of $17.73. The firm has a 50 day moving average of $11.33 and a 200 day moving average of $7.65.
Analyst Upgrades and Downgrades
Several research firms have recently commented on OPFI. JMP Securities lowered shares of OppFi from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 12th. Citizens Jmp downgraded shares of OppFi from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th. Finally, Northland Securities lifted their price target on OppFi from $8.00 to $10.00 and gave the company an “outperform” rating in a report on Friday, December 13th.
OppFi Company Profile
OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.
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