In today’s recent session, 0.5 million shares of the OppFi Inc (NYSE:OPFI) have been traded, and its beta is 1.57. Most recently the company’s share price was $10.84, and it changed around -$0.09 or -0.80% from the last close, which brings the market valuation of the company to $936.88M. OPFI at last check was trading at a discount to its 52-week high of $17.73, offering almost -63.56% off that amount. The share price’s 52-week low was $2.25, which indicates that the recent value has risen by an impressive 79.24% since then. We note from OppFi Inc’s average daily trading volume that its 10-day average is 1.14 million shares, with the 3-month average coming to 2.11 million.
OppFi Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. 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 0.25 for the current quarter.
OppFi Inc (NYSE:OPFI) trade information
Instantly OPFI has been showing red trend so far today with a performance of -0.80% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.10 on recent trading dayincreased the stock’s daily price by 2.34%. The company’s shares are currently up 41.55% year-to-date, but still up 18.63% over the last five days. On the other hand, OppFi Inc (NYSE:OPFI) is -0.80% down in the 30-day period. We can see from the shorts that 5.53 million shares have been sold at a short interest cover period of 2.25 day(s).
The consensus price target as assigned by Wall Street analysts is $13, which translates to bulls needing to increase their stock price by 16.62% from its current value. Analyst projections state that OPFI is forecast to be at a low of $13 and a high of $13.
OppFi Inc (OPFI) estimates and forecasts
The year-over-year growth rate is expected to be 9.63%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 137.71M in revenue for the current quarter. 3 analysts expect OppFi Inc to make 140.64M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 127.34M and 126.3M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 8.14%. Forecasts for the next quarter put sales growth at 11.35%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -12.30%.
OppFi Inc (NYSE:OPFI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.96% of OppFi Inc shares, and 52.47% of them are in the hands of institutional investors. The stock currently has a share float of 56.39%. OppFi Inc stock is held by 143.0 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 4.6807% or 0.92 million shares worth $3.12 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 543.79 shares worth $6.01 million, making up 2.24% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 516.16 shares worth around $5.7 million, which represents about 2.13% of the total shares outstanding.
