Oportun Financial Co. (NASDAQ:OPRT - Free Report) - Equities researchers at Singular Research issued their FY2024 earnings per share estimates for shares of Oportun Financial in a report issued on Tuesday, December 17th. Singular Research analyst G. Sriharan expects that the company will earn $0.10 per share for the year. Singular Research has a "Strong-Buy" rating on the stock. The consensus estimate for Oportun Financial's current full-year earnings is ($0.04) per share. Singular Research also issued estimates for Oportun Financial's Q4 2024 earnings at $0.09 EPS, Q1 2025 earnings at $0.20 EPS, Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.33 EPS and FY2025 earnings at $0.99 EPS.
Oportun Financial Price Performance
Shares of OPRT traded up $0.07 during midday trading on Friday, hitting $3.93. 460,288 shares of the company traded hands, compared to its average volume of 229,097. Oportun Financial has a one year low of $2.05 and a one year high of $4.60. The firm has a market cap of $141.37 million, a P/E ratio of -1.19 and a beta of 1.17. The stock has a 50-day moving average of $3.24 and a 200-day moving average of $3.01.
Insider Activity at Oportun Financial
In other Oportun Financial news, CEO Raul Vazquez purchased 8,844 shares of the company's stock in a transaction dated Wednesday, November 27th. The stock was purchased at an average price of $3.86 per share, for a total transaction of $34,137.84. Following the transaction, the chief executive officer now owns 1,257,328 shares in the company, valued at $4,853,286.08. The trade was a 0.71 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Patrick Kirscht sold 8,403 shares of the company's stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $3.80, for a total transaction of $31,931.40. Following the completion of the transaction, the insider now owns 333,360 shares in the company, valued at approximately $1,266,768. This trade represents a 2.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 41,264 shares of company stock valued at $159,826. Corporate insiders own 9.30% of the company's stock.
Hedge Funds Weigh In On Oportun Financial
Several institutional investors have recently modified their holdings of OPRT. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Oportun Financial during the 3rd quarter valued at $52,000. Flaharty Asset Management LLC grew its stake in shares of Oportun Financial by 75.0% during the second quarter. Flaharty Asset Management LLC now owns 35,000 shares of the company's stock valued at $102,000 after buying an additional 15,000 shares during the last quarter. SkyView Investment Advisors LLC increased its holdings in shares of Oportun Financial by 28.6% in the second quarter. SkyView Investment Advisors LLC now owns 67,500 shares of the company's stock worth $196,000 after buying an additional 15,000 shares during the period. Empowered Funds LLC lifted its stake in shares of Oportun Financial by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 110,620 shares of the company's stock valued at $311,000 after acquiring an additional 5,628 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in Oportun Financial by 16.1% during the 2nd quarter. Renaissance Technologies LLC now owns 227,000 shares of the company's stock valued at $658,000 after acquiring an additional 31,415 shares during the period. 82.70% of the stock is currently owned by institutional investors.
Oportun Financial Company Profile
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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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