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OPFI

OppFi Inc.

https://www.oppfi.com

Industry

Software - Application

OppFi Inc. operates a financial technology platform that allows banks to offer lending products. Its platform facilitates the OppLoan, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. The company is based in Chicago, Illinois.

Open

7.26

Mkt cap

656M

Volume

467K

High

7.61

P/E Ratio

21.56

52-wk high

7.61

Low

7.18

Div yield

0.02

52-wk low

2.35

OppFi (NYSE:OPFI) reported Q2 2024 earnings per share of $0.29, significantly beating the analyst estimate of $0.15. The company also reported sales of $126.304 million, surpassing the $122.688 million estimate. This represents a 3.12% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:47 am

OppFi has acquired a 35% equity interest in Bitty, with an option to acquire an additional 30% over time. Bitty, led by Craig Hecker, is a profitable platform providing credit to underserved small businesses. The transaction is expected to be immediately accretive to OppFi's earnings.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 1:19 pm

OppFi's stock price increased following the announcement that the company exceeded Q1 earnings estimates and provided optimistic earnings per share (EPS) guidance for FY24.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 3:42 pm

OppFi Inc has updated its FY24 revenue guidance to $510M-$530M, aligning with the $520.12M estimate. The company also raised its adjusted EPS forecast to $0.58-$0.62, up from the prior $0.53-$0.57, against a $0.55 estimate. Adjusted net income expectations were increased to $50M-$54M from the previous $46M-$49M.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:52 am

OppFi reported Q1 2024 adjusted EPS of $0.10, doubling the consensus estimate of $0.05, and sales of $127.343M, surpassing the $124.276M estimate. This represents a 100% increase in EPS and a 5.79% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:44 am

JMP Securities analyst David Scharf has reiterated a Market Outperform rating on OppFi (NYSE:OPFI) and maintained a $5 price target.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:46 pm

OppFi announced a $0.12 per share special dividend and a $20 million share repurchase program, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 7:59 pm

OppFi has declared a $0.12 per share special dividend and announced a $20M share repurchase program. This move indicates the company's confidence in its financial health and commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 9:31 am

OppFi's shares have declined following the announcement of their Q4 revenues, which fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 12:06 pm

OppFi reported an adjusted EPS of $0.05 for Q1 2024, which is below the estimated $0.12.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 10:16 pm

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