OppFi (OPFI) Projected to Post Earnings on Wednesday

OppFi (NYSE:OPFI) is anticipated to post its quarterly earnings results before the market opens on Wednesday, March 5th. Analysts expect OppFi to post earnings of $0.14 per share and revenue of $133.50 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

OppFi Trading Down 2.2 %

NYSE OPFI opened at $10.69 on Wednesday. The firm has a market cap of $921.20 million, a price-to-earnings ratio of 66.79 and a beta of 1.56. The company has a 50 day moving average of $11.01 and a 200-day moving average of $7.44. OppFi has a 1-year low of $2.35 and a 1-year high of $17.73.

Insider Activity

In other OppFi news, Director David Vennettilli sold 22,301 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $7.68, for a total value of $171,271.68. Following the transaction, the director now directly owns 121,524 shares of the company’s stock, valued at approximately $933,304.32. This trade represents a 15.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 84.00% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Northland Securities increased their price target on shares of OppFi from $8.00 to $10.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. JMP Securities cut shares of OppFi from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 12th. Finally, Citizens Jmp cut shares of OppFi from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th.

About OppFi

OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.