OppFi Inc. (NYSE:OPFI - Get Free Report) announced a special dividend on Tuesday, March 25th, RTT News reports. Stockholders of record on Tuesday, April 8th will be paid a dividend of 0.25 per share on Friday, April 18th. The ex-dividend date is Tuesday, April 8th.
OppFi Trading Up 2.0 %
Shares of OPFI stock traded up $0.19 during mid-day trading on Friday, reaching $9.51. The stock had a trading volume of 876,115 shares, compared to its average volume of 752,035. The company has a market cap of $821.28 million, a P/E ratio of 59.41 and a beta of 1.63. OppFi has a 12-month low of $2.38 and a 12-month high of $17.73. The business has a 50-day simple moving average of $11.59 and a 200 day simple moving average of $8.26.
OppFi (NYSE:OPFI - Get Free Report) last posted its earnings results on Wednesday, March 5th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.09. The firm had revenue of $135.72 million for the quarter, compared to analyst estimates of $133.50 million. OppFi had a return on equity of 35.04% and a net margin of 1.40%. During the same quarter in the prior year, the company earned $0.10 EPS. Research analysts anticipate that OppFi will post 0.86 EPS for the current year.
Analyst Ratings Changes
A number of equities analysts have weighed in on OPFI shares. Northland Securities set a $13.00 price target on OppFi in a report on Thursday, March 6th. Citizens Jmp lowered shares of OppFi from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th. Finally, JMP Securities downgraded shares of OppFi from an "outperform" rating to a "market perform" rating in a research note on Wednesday, February 12th.
Check Out Our Latest Analysis on OPFI
Insider Transactions at OppFi
In other news, Director Theodore G. Schwartz sold 79,559 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $9.13, for a total transaction of $726,373.67. Following the sale, the director now directly owns 186,737 shares in the company, valued at approximately $1,704,908.81. This represents a 29.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David Vennettilli sold 43,238 shares of the firm's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $9.45, for a total value of $408,599.10. Following the completion of the sale, the director now owns 90,762 shares in the company, valued at $857,700.90. The trade was a 32.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 687,653 shares of company stock valued at $6,626,927. Insiders own 84.00% of the company's stock.
About OppFi
(
Get Free Report)
OppFi Inc operates a cialty finance platform that allows banks to offer credit access. Its platform facilitates the OppLoans, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. OppFi Inc was founded in 2012 and is headquartered in Chicago, Illinois.
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