Streetbeat News

OPRT

Oportun Financial Corporation

https://www.oportun.com

Industry

Financial - Credit Services

Oportun Financial Corporation provides financial services. It offers personal loans, auto loans, and credit cards. The company serves customers online and over-the-phone, as well as through retail locations. It operates in 24 states in the United States, which include Arkansas, Delaware, Indiana, Kentucky, Mississippi, Montana, North Dakota, New Hampshire, Oregon, South Carolina, South Dakota, and Virginia. Oportun Financial Corporation was founded in 2005 and is headquartered in San Carlos, California.

Open

3.11

Mkt cap

113M

Volume

147K

High

3.22

P/E Ratio

-0.95

52-wk high

4.60

Low

3.07

Div yield

N/A

52-wk low

2.05

Oportun's Holiday Savings Report shows a significant increase in consumer savings, with members saving over 30% more than last year. This indicates a positive trend in financial preparedness for holiday spending.

Portfolio Pulse from

November 20, 2024 | 1:15 pm

Oportun Financial Corporation held its Q3 2024 earnings call, discussing financial results and company performance. Key participants included CEO Raul Vazquez and CFO Jonathan Coblentz.

Portfolio Pulse from

November 13, 2024 | 4:00 am

Oportun Financial (OPRT) released its Q3 earnings report, providing insights into its performance for the quarter ended September 2024. The report includes revenue and EPS figures, which are compared against Wall Street estimates and the previous year's numbers.

Portfolio Pulse from

November 13, 2024 | 1:15 am

Oportun (Nasdaq: OPRT) has completed the sale of its credit card portfolio to Continental Finance, marking a significant step in its strategy to enhance profitability by focusing on its core products.

Portfolio Pulse from

November 12, 2024 | 9:15 pm

Oportun has secured a $235 million Senior Secured Term Loan to refinance its existing corporate financing, enhancing its balance sheet flexibility and profitability. The loan, led by Castlelake L.P. and Neuberger Berman, carries a 15% fixed rate and matures in November 2028.