OppFi (NYSE:OPFI) Issues Quarterly Earnings Results

OppFi (NYSE:OPFI) posted its quarterly earnings results on Wednesday. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.09, Zacks reports. The business had revenue of $135.72 million for the quarter, compared to the consensus estimate of $133.50 million. OppFi had a return on equity of 35.04% and a net margin of 1.40%. During the same quarter in the previous year, the business earned $0.10 EPS. OppFi updated its FY 2025 guidance to 1.060-1.070 EPS.

OppFi Stock Performance

OPFI opened at $9.67 on Friday. The company has a fifty day moving average of $11.33 and a two-hundred day moving average of $7.65. The stock has a market capitalization of $833.26 million, a price-to-earnings ratio of 60.41 and a beta of 1.63. OppFi has a fifty-two week low of $2.35 and a fifty-two week high of $17.73.

Analyst Ratings Changes

A number of research firms have issued reports on OPFI. Northland Securities raised their price target on shares of OppFi from $8.00 to $10.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. JMP Securities cut shares of OppFi from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 12th. Finally, Citizens Jmp downgraded OppFi from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th.

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.