Oportun Financial Corporation (NASDAQ:OPRT) Receives Average Rating of “Hold” from Analysts

Oportun Financial Corporation (NASDAQ:OPRT) has received an average rating of “Hold” from the five research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $8.00.

Several brokerages have issued reports on OPRT. Weiss Ratings reissued a “sell (d+)” rating on shares of Oportun Financial in a research note on Friday, March 27th. JPMorgan Chase & Co. decreased their price objective on shares of Oportun Financial from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. BTIG Research reissued a “buy” rating and issued a $9.00 price objective on shares of Oportun Financial in a research note on Friday, February 27th. Finally, Wall Street Zen downgraded shares of Oportun Financial from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th.

Oportun Financial Price Performance

Shares of NASDAQ OPRT opened at $5.21 on Thursday. The company has a market cap of $238.31 million, a P/E ratio of 14.08 and a beta of 1.30. Oportun Financial has a 1 year low of $4.03 and a 1 year high of $7.97. The firm has a 50-day simple moving average of $5.20 and a two-hundred day simple moving average of $5.19.

Oportun Financial (NASDAQ:OPRT) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. The business had revenue of $228.76 million during the quarter, compared to the consensus estimate of $228.58 million. Oportun Financial had a net margin of 1.87% and a return on equity of 12.14%. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. As a group, equities research analysts expect that Oportun Financial will post 1.13 EPS for the current year.

Insider Activity at Oportun Financial

In related news, insider Kathleen I. Layton sold 19,355 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $4.90, for a total value of $94,839.50. Following the completion of the sale, the insider owned 225,872 shares in the company, valued at approximately $1,106,772.80. The trade was a 7.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Patrick Kirscht sold 54,299 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $4.90, for a total value of $266,065.10. Following the completion of the sale, the insider owned 439,618 shares of the company’s stock, valued at $2,154,128.20. The trade was a 10.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 9.30% of the company’s stock.

Institutional Trading of Oportun Financial

Large investors have recently modified their holdings of the company. CenterBook Partners LP boosted its holdings in shares of Oportun Financial by 70.1% in the third quarter. CenterBook Partners LP now owns 700,833 shares of the company’s stock valued at $4,324,000 after purchasing an additional 288,815 shares during the period. Simcoe Capital LLC purchased a new stake in shares of Oportun Financial in the fourth quarter valued at approximately $4,208,000. Acuitas Investments LLC boosted its holdings in shares of Oportun Financial by 20.4% in the third quarter. Acuitas Investments LLC now owns 892,449 shares of the company’s stock valued at $5,506,000 after purchasing an additional 151,008 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in shares of Oportun Financial in the third quarter valued at approximately $1,195,000. Finally, Flaharty Asset Management LLC boosted its holdings in shares of Oportun Financial by 23.1% in the fourth quarter. Flaharty Asset Management LLC now owns 16,000 shares of the company’s stock valued at $85,000 after purchasing an additional 3,000 shares during the period. Hedge funds and other institutional investors own 82.70% of the company’s stock.

Oportun Financial Company Profile

Oportun Financial Corporation (NASDAQ: OPRT) is a financial technology company that provides consumer lending products aimed at serving the underbanked and credit-invisible population in the United States. Headquartered in Redwood City, California, Oportun operates a digital platform that enables borrowers to access credit through unsecured personal installment loans, secured credit-builder loans and a proprietary mobile wallet. The company leverages machine learning and alternative data sources to assess creditworthiness, extending financial services to customers with limited or no traditional credit history.

The company’s core offerings include fixed-term installment loans designed to help individuals cover unexpected expenses, consolidate debt or build credit.