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

OppFi (NYSE:OPFI) issued its earnings results on Wednesday. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.09, Zacks reports. The firm had revenue of $135.72 million for the quarter, compared to analysts’ expectations 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 company earned $0.10 earnings per share. OppFi updated its FY 2025 guidance to 1.060-1.070 EPS.

OppFi Stock Performance

OppFi stock opened at $10.35 on Thursday. OppFi has a one year low of $2.35 and a one year high of $17.73. The business has a fifty day moving average of $11.27 and a two-hundred day moving average of $7.63. The company has a market cap of $892.57 million, a P/E ratio of 64.71 and a beta of 1.57.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. JMP Securities lowered shares of OppFi from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 12th. Northland Securities lifted their price objective 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. Finally, Citizens Jmp lowered shares of OppFi from a “strong-buy” rating to a “hold” rating in a research report 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.