OppFi (NYSE:OPFI) Issues Quarterly Earnings Results, Beats Expectations By $0.09 EPS

OppFi (NYSE:OPFI) released its quarterly earnings results on Wednesday. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.14 by $0.09, Zacks reports. The company had revenue of $135.72 million for the quarter, compared to analyst estimates of $133.50 million. OppFi had a net margin of 1.40% and a return on equity of 35.04%. During the same quarter last year, the business earned $0.10 earnings per share. OppFi updated its FY 2025 guidance to 1.060-1.070 EPS.

OppFi Price Performance

Shares of OPFI stock opened at $10.35 on Thursday. The firm’s 50-day moving average is $11.27 and its two-hundred day moving average is $7.63. The company has a market capitalization of $892.57 million, a PE ratio of 64.71 and a beta of 1.57. OppFi has a 12 month low of $2.35 and a 12 month high of $17.73.

Wall Street Analysts Forecast Growth

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

OppFi Company Profile

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.