OppFi Inc (NYSE: OPFI) Could See Prices Soar In The Coming Months

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In the last trading session, 3.15 million shares of the OppFi Inc (NYSE:OPFI) were traded, and its beta was 1.56. Most recently the company’s share price was $16.94, and it changed around $0.58 or 3.55% from the last close, which brings the market valuation of the company to $1.46B. OPFI currently trades at a discount to its 52-week high of $16.71, offering almost 1.36% off that amount. The share price’s 52-week low was $2.25, which indicates that the current value has risen by an impressive 86.72% since then. We note from OppFi Inc’s average daily trading volume that its 10-day average is 2.36 million shares, with the 3-month average coming to 1.31 million.

OppFi Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended OPFI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. OppFi Inc is expected to report earnings per share of 0.14 for the current quarter.

OppFi Inc (NYSE:OPFI) trade information

Instantly OPFI has showed a green trend with a performance of 3.55% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 17.73 on recent trading dayincreased the stock’s daily price by 4.46%. The company’s shares are currently up 121.15% year-to-date, but still up 23.56% over the last five days. On the other hand, OppFi Inc (NYSE:OPFI) is 134.63% up in the 30-day period. We can see from the shorts that 4.74 million shares have been sold at a short interest cover period of 3.07 day(s).

The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to decrease their stock price by -464.67% from its current value. Analyst projections state that OPFI is forecast to be at a low of $3 and a high of $10.

OppFi Inc (OPFI) estimates and forecasts

The year-over-year growth rate is expected to be 2.91%, up from the previous year.

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 133.5M in revenue for the current quarter. 3 analysts expect OppFi Inc to make 134.01M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 132.92M and 127.34M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 0.43%. Forecasts for the next quarter put sales growth at 5.24%.

OppFi Inc earnings are expected to increase by 69.28% in 2025, but the outlook is positive 31.51% per year for the next five years.

OPFI Dividends

OppFi Inc’s next quarterly earnings report is expected to be released in March.

OppFi Inc (NYSE:OPFI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 10.57% of OppFi Inc shares, and 45.68% of them are in the hands of institutional investors. The stock currently has a share float of 51.08%. OppFi Inc stock is held by 121.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 5.4949% of the shares, which is about 1.06 million shares worth $3.58 million.

LB PARTNERS LLC, with 4.7954% or 0.92 million shares worth $3.12 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Nov 30, 2024 . The former held 568.27 shares worth $9.63 million, making up 2.68% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 543.79 shares worth around $9.21 million, which represents about 2.56% of the total shares outstanding.