During the last session, OppFi Inc (NYSE:OPFI)’s traded shares were 0.62 million, with the beta value of the company hitting 1.46. At the end of the trading day, the stock’s price was $7.34, reflecting an intraday gain of 10.21% or $0.68. The 52-week high for the OPFI share is $8.54, that puts it down -16.35 from that peak though still a striking 69.35% gain since the share price plummeted to a 52-week low of $2.25. The company’s market capitalization is $632.82M, and the average intraday trading volume over the past 10 days was 0.51 million shares, and the average trade volume was 394.65K shares over the past three months.
OppFi Inc (OPFI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. OPFI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.14.
OppFi Inc (NYSE:OPFI) trade information
OppFi Inc (OPFI) registered a 10.21% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 10.21% in intraday trading to $7.34, hitting a weekly high. The stock’s 5-day price performance is 0.69%, and it has moved by 8.74% in 30 days. Based on these gigs, the overall price performance for the year is 76.37%. The short interest in OppFi Inc (NYSE:OPFI) is 2.06 million shares and it means that shorts have 3.9 day(s) to cover.
The consensus price target of analysts on Wall Street is $3, which implies a decrease of -144.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $10 respectively. As a result, OPFI is trading at a discount of -36.24% off the target high and 59.13% off the low.
OppFi Inc (OPFI) estimates and forecasts
Statistics show that OppFi Inc has outperformed its competitors in share price, compared to the industry in which it operates. OppFi Inc (OPFI) shares have gone up 125.15% during the last six months, with a year-to-date growth rate more than the industry average at 68.63% against 23.20. In the rating firms’ projections, revenue will increase 2.91% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 133.5M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 134.01M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 132.92M and 127.34M respectively. In this case, analysts expect current quarter sales to grow by 0.43% and then jump by 5.24% in the coming quarter.
While earnings are projected to return 69.28% in 2024.
OPFI Dividends
OppFi Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
OppFi Inc (NYSE:OPFI)’s Major holders
OppFi Inc insiders own 10.44% of total outstanding shares while institutional holders control 43.95%, with the float percentage being 49.08%. BLACKROCK INC. is the largest shareholder of the company, while 116.0 institutions own stock in it. As of 2024-06-30, the company held over 1.06 million shares (or 5.4949% of all shares), a total value of $3.58 million in shares.
The next largest institutional holding, with 0.92 million shares, is of LB PARTNERS LLC’s that is approximately 4.7954% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.12 million.
