Why Invest In OppFi Inc (OPFI) Stock?

OppFi Inc (NYSE:OPFI) has a beta value of 1.57 and has seen 1.66 million shares traded in the last trading session. The company, currently valued at $1.13B, closed the last trade at $13.11 per share which meant it gained $0.08 on the day or 0.61% during that session. The OPFI stock price is -35.24% off its 52-week high price of $17.73 and 82.84% above the 52-week low of $2.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.91 million shares traded. The 3-month trading volume is 1.54 million shares.

The consensus among analysts is that OppFi Inc (OPFI) is Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.15.

OppFi Inc (NYSE:OPFI) trade information

Sporting 0.61% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the OPFI stock price touched $13.11 or saw a rise of 24.18%. Year-to-date, OppFi Inc shares have moved 71.15%, while the 5-day performance has seen it change -22.61%. Over the past 30 days, the shares of OppFi Inc (NYSE:OPFI) have changed 10.08%. Short interest in the company has seen 6.41 million shares shorted with days to cover at 2.71.

Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could drop -337.0% from current levels. The projected low price target is $3.0 while the price target rests at a high of $10.0. In that case, then, we find that the current price level is 23.72% off the targeted high while a plunge would see the stock lose 77.12% from current levels.

OppFi Inc (OPFI) estimates and forecasts

The company’s shares have gained 193.95% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 2.91%.

3 analysts offering their estimates for the company have set an average revenue estimate of 133.5M for the current quarter. 3 have an estimated revenue figure of 134.01M for the next ending quarter. Year-ago sales stood 132.92M and 127.34M respectively for this quarter and the next, and analysts expect sales will grow by 0.43% for the current quarter and 2.91% for the next.

Earnings growth for 2025 is a modest 69.28% while over the next 5 years, the company’s earnings are expected to increase by 31.13%.

OPFI Dividends

OppFi Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

OppFi Inc (NYSE:OPFI)’s Major holders

Insiders own 10.57% of the company shares, while shares held by institutions stand at 59.73% with a share float percentage of 66.79%. Investors are also buoyed by the number of investors in a company, with OppFi Inc having a total of 138.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 1.06 million shares worth more than $3.58 million. As of 2024-06-30, BLACKROCK INC. held 5.4949% of shares outstanding.

The other major institutional holder is LB PARTNERS LLC, with the holding of over 0.92 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.12 million and represent 4.7954% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund . As of Nov 30, 2024 , the former fund manager holds about 2.68% shares in the company for having 568.27 shares of worth $7.45 million while later fund manager owns 543.79 shares of worth $7.13 million as of Sep 30, 2024 , which makes it owner of about 2.56% of company’s outstanding stock.