Oportun Financial (NASDAQ:OPRT - Get Free Report) announced its earnings results on Wednesday. The company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.32, Zacks reports. Oportun Financial had a negative net margin of 12.75% and a negative return on equity of 6.59%. Oportun Financial updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 1.100-1.300 EPS.
Oportun Financial Stock Up 18.3 %
Shares of OPRT traded up $1.17 during mid-day trading on Friday, hitting $7.57. 1,740,112 shares of the company traded hands, compared to its average volume of 228,398. The business has a 50 day moving average of $4.27 and a 200 day moving average of $3.41. The company has a market capitalization of $272.34 million, a PE ratio of -2.29 and a beta of 1.16. Oportun Financial has a 1-year low of $2.05 and a 1-year high of $7.75.
Wall Street Analyst Weigh In
Separately, JMP Securities reiterated a "market perform" rating on shares of Oportun Financial in a report on Friday. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Oportun Financial has an average rating of "Moderate Buy" and an average target price of $5.50.
Check Out Our Latest Stock Analysis on OPRT
Insider Activity at Oportun Financial
In other news, CEO Raul Vazquez bought 8,844 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average price of $3.86 per share, for a total transaction of $34,137.84. Following the completion of the transaction, the chief executive officer now directly owns 1,257,328 shares in the company, valued at approximately $4,853,286.08. This represents a 0.71 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mohit Daswani bought 7,420 shares of the company's stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average price of $3.90 per share, for a total transaction of $28,938.00. Following the transaction, the director now owns 41,924 shares of the company's stock, valued at $163,503.60. The trade was a 21.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 41,264 shares of company stock worth $159,826 over the last quarter. Insiders own 9.30% of the company's stock.
About Oportun Financial
(
Get Free Report)
Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California.
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