OppFi (NYSE:OPFI) Releases Earnings Results, Misses Estimates By $0.11 EPS

OppFi (NYSE:OPFI) issued its quarterly earnings data on Monday. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.11), Zacks reports. The firm had revenue of $86.17 million for the quarter, compared to analysts’ expectations of $155.89 million. OppFi had a net margin of 10.86% and a return on equity of 39.90%. OppFi updated its FY 2026 guidance to 1.340-1.510 EPS.

Here are the key takeaways from OppFi’s conference call:

• 2026 guidance was reduced to revenue of $600 million–$625 million, adjusted net income of $115 million–$130 million, and adjusted EPS of $1.34–$1.51, following lower-than-expected originations and delays to growth initiatives.
• Q2 originations fell approximately 9% year over year to $212 million, while net charge-offs rose to about 52% of receivables from 43% a year earlier. Management attributed some of the increase to slower portfolio growth and highlighted improved recoveries, but said it tightened underwriting in lower-return segments.
• OppFi expects to launch its line-of-credit product in September, initially across three new geographies, after testing pricing, terms, conversion, and customer behavior. Management believes the product’s flexible draws and longer repayment structure can improve affordability and drive growth among new and existing customers.
• The LOLA modular technology platform is expected to accelerate product development and improve automation, servicing, and application-to-funding times. Management said the platform enabled the line-of-credit product to be developed in under six months and targets a 70% reduction in development cycle times over the next year.
• OppFi submitted regulatory applications for its proposed BNC National Bank acquisition and continues to target closing in Q4 2026. The company expects the combination to support geographic expansion, cross-selling, and significant revenue synergies beginning in 2027, while it also began repurchasing shares under its $40 million authorization.

OppFi Price Performance

OPFI stock traded down $0.63 during mid-day trading on Monday, hitting $8.77. 900,325 shares of the stock were exchanged, compared to its average volume of 584,416. The business has a fifty day moving average price of $9.09 and a 200 day moving average price of $8.89. OppFi has a 12 month low of $7.36 and a 12 month high of $12.45. The stock has a market capitalization of $748.87 million, a price-to-earnings ratio of 9.43 and a beta of 1.77.

Wall Street Analyst Weigh In

Several research analysts have commented on OPFI shares. Citizens Jmp cut their price target on shares of OppFi from $16.00 to $15.00 and set a “market outperform” rating for the company in a report on Friday, April 17th. Wall Street Zen cut shares of OppFi from a “strong-buy” rating to a “buy” rating in a report on Saturday. Stephens increased their price objective on OppFi from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Friday, May 8th. Citigroup reissued a “market outperform” rating on shares of OppFi in a research note on Friday, June 26th. Finally, Weiss Ratings upgraded OppFi from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $13.00.

Insider Transactions at OppFi

In other OppFi news, Director Christina M. Favilla sold 30,000 shares of OppFi stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $8.14, for a total transaction of $244,200.00. Following the transaction, the director directly owned 156,737 shares of the company’s stock, valued at approximately $1,275,839.18. This trade represents a 16.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 70.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in OPFI. Great Valley Advisor Group Inc. boosted its stake in shares of OppFi by 6.1% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 24,895 shares of the company’s stock valued at $348,000 after purchasing an additional 1,423 shares in the last quarter. Quantbot Technologies LP raised its stake in OppFi by 20.8% in the second quarter. Quantbot Technologies LP now owns 8,663 shares of the company’s stock worth $121,000 after buying an additional 1,494 shares in the last quarter. Zacks Investment Management raised its stake in OppFi by 5.2% in the third quarter. Zacks Investment Management now owns 40,585 shares of the company’s stock worth $460,000 after buying an additional 2,000 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in OppFi by 17.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,282 shares of the company’s stock worth $186,000 after buying an additional 2,013 shares during the period. Finally, MML Investors Services LLC lifted its holdings in OppFi by 4.0% in the second quarter. MML Investors Services LLC now owns 59,974 shares of the company’s stock worth $839,000 after buying an additional 2,281 shares during the period. Institutional investors own 7.10% of the company’s stock.

About OppFi

OppFi (NYSE: OPFI) is a financial technology company that provides digital lending and credit solutions designed to meet the needs of near-prime consumers in the United States. Through its technology-driven platform, OppFi offers unsecured installment loans under the OppLoans brand, allowing borrowers to access credit online or via mobile devices. The company leverages proprietary data analytics and machine learning models to assess credit risk, streamline underwriting processes and deliver personalized loan products with transparent terms.

Headquartered in Chicago, Illinois, OppFi was founded in 2013 with a mission to increase financial inclusion for underserved and underbanked populations.