In the latest trading session, 2.2 million OppFi Inc (NYSE:OPFI) shares changed hands as the company’s beta touched 1.40. With the company’s most recent per share price at $10.59 changing hands around $0.85 or 8.72% at last look, the market valuation stands at $912.93M. OPFI’s last price was a premium, traded about 5.57% off its 52-week high of $10.00. The share price had its 52-week low at $2.25, which suggests the last value was 78.75% up since then. When we look at OppFi Inc’s average trading volume, we note the 10-day average is 1.84 million shares, with the 3-month average coming to 705.24K.
Analysts gave the OppFi Inc (OPFI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended OPFI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. OppFi Inc’s EPS for the current quarter is expected to be 0.14.
OppFi Inc (NYSE:OPFI) trade information
Instantly OPFI is in green as seen in intraday trades today. With action 40.07%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 38.24%, with the 5-day performance at 40.07% in the green. However, in the 30-day time frame, OppFi Inc (NYSE:OPFI) is 54.81% up. Looking at the short shares, we see there were 2.49 million shares sold at short interest cover period of 4.85 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need a downside of -253.0% from its recent market value. According to analyst projections, OPFI’s forecast low is 3 with 10 as the target high. To hit the forecast high, the stock’s price needs a 5.57% surge from its current level, while the stock would need to tank 71.67% for it to hit the projected low.
OppFi Inc (OPFI) estimates and forecasts
Data shows that the OppFi Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 177.93% over the past 6 months, a 68.63% in annual growth rate that is considerably higher than the industry average of 22.90%. Year-over-year growth is forecast to reach 2.91% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 133.5M. 3 analysts are of the opinion that OppFi Inc’s revenue for the current quarter will be 134.01M. The company’s revenue for the corresponding quarters a year ago was 132.92M and 127.34M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.43%. The estimates for the next quarter sales put growth at 5.24%.
The 2025 estimates are for OppFi Inc earnings to increase by 69.28%.
OPFI Dividends
OppFi Inc is expected to release its next quarterly earnings report in February.
OppFi Inc (NYSE:OPFI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.44% of OppFi Inc shares while 45.18% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 50.45%. There are 45.18% institutions holding the OppFi Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 5.4949% of the shares, roughly 1.06 million OPFI shares worth $3.58 million.
LB PARTNERS LLC holds the second largest percentage of outstanding shares, with 4.7954% or 0.92 million shares worth $3.12 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 543.79 shares estimated at $5.96 million under it, the former controlled 2.56% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.11% of the shares, roughly 446.84 shares worth around $4.9 million.
