OppFi Inc. operates a financial technology platform that allows banks to offer lending products. Its platform facilitates the installment loan products, OppLoans and SalaryTap; and the credit card product, OppFi Card. The company is based in Chicago, Illinois.
IPO Year: 2020
Exchange: NYSE
Website: oppfi.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/11/2022 | $10.00 → $6.00 | Market Outperform | JMP Securities |
| 3/11/2022 | $10.00 → $4.50 | Buy | Needham |
| 8/20/2021 | $7.00 | Neutral | Piper Sandler |
| 8/17/2021 | $10.00 | Buy | Needham |
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
Kaplan, former CEO of OppFi and Co-Founder of Insureon will lead Cadre's next chapter as Williams also assumes role of Co-Chairman of Global Investment Committee Ryan Williams, Founder and CEO of Cadre, today announced his decision to assume the roles of Executive Chairman and Co-Chairman of Cadre's Global Investment Committee, and to appoint Jared Kaplan, an entrepreneurial executive with extensive operating experience leading fintech firms, as Cadre's next CEO. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220623005370/en/Ryan Williams, Founder, Executive Chairman and Co-Chairman of Global Investment Committee, Cadre (Photo:
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the appointments of Manuel ("Manny") Chagas as Chief Operating Officer and Shaun Smolarz as Head of Investor Relations. In his role as Chief Operating Officer, Chagas will manage OppFi's people team, operations functions, and banking partnerships to attain greater productivity as well as optimize employee and customer experiences. "We are fortunate to add Manny to our senior leadership team," said Todd Schwartz, Chief Executive Officer and Executive Chairman of OppFi. "He has an impressive track record of improvin
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the appointment of Ms. Pamela ("Pam") Johnson as the Company's Chief Financial Officer. Johnson joined OppFi as Chief Accounting Officer in 2021. Previously, she was Chief Financial Officer for more than 10 years at consumer finance companies Heights Finance Corporation and Pioneer Financial Services. Johnson also served nine years in accounting with a large, regional bank. She began her career in public accounting at KPMG. Johnson will replace Mr. Shiven Shah, who served as the Company's Chief Financial Officer f
Schwartz to Execute New Strategic Vision for the Company Company Reaffirms 2021 Revenue and Adjusted Net Income Outlook and Provides Additional 2021 Financial Outlook OppFi Inc. ("OppFi" or the "Company") (NYSE:OPFI), a leading financial technology platform that helps everyday consumers gain access to credit, announced today that the Company's Board of Directors has appointed Todd Schwartz as Chief Executive Officer and that Neville Crawley has stepped down from his positions as Chief Executive Officer and a Director. Schwartz founded OppFi in 2012 and has served as Executive Chairman since 2015; he will continue to serve as Chairman of the Board. This press release features multimedia. V
Full Year 2024 Guidance Update Affirm total revenue $510 million to $530 million Raise adjusted net income $50 million to $54 million from previous range of $46 million to $49 million Increase adjusted earnings per share $0.58 to $0.62 from previous range of $0.53 to $0.57, based on approximate weighted average diluted share count of 86.5 million
OppFi (NYSE:OPFI) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.05 by 100 percent. This is a 100 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $127.343 million which beat the analyst consensus estimate of $124.276 million by 2.47 percent. This is a 5.79 percent increase over sales of $120.374 million the same period last year.
JMP Securities analyst David Scharf reiterates OppFi (NYSE:OPFI) with a Market Outperform and maintains $5 price target.
OppFi (NYSE:OPFI) reported quarterly earnings of $0.100 per share which beat the analyst consensus estimate of $0.070 by 42.86 percent. This is a 152.63 percent increase over losses of $(0.190) per share from the same period last year. The company reported quarterly sales of $132.924 million which missed the analyst consensus estimate of $135.433 million by 1.85 percent. This is a 10.74 percent increase over sales of $120.030 million the same period last year.
Net income increased 106.4% year over year to $32.1 million, a Company record for any quarter Adjusted net income1 increased 116.2% year over year to $28.8 million, a Company record for any quarter Basic and diluted EPS of $0.21 and $0.21, respectively Adjusted EPS1 increased 112.4% year over year to $0.33 Net charge-off rate as a percentage of total revenue decreased 810 basis points year over year to 34.3% Average yield, annualized increased by 540 basis points year over year to 133.9% Total revenue increased 2.6% year over year to $136.6 million, a Company record for any quarter Adjusted EPS1 guidance for full-year 2024 increased to $0.85 to $0.87 from $0.73 to $0.75 OppFi Inc. (
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its third quarter 2024 before the market-open on Thursday, November 7, 2024. Management will host a conference call on November 7, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website at investors.oppfi.com. The conference call can also be accessed with the following dial-in information: Domestic: (800) 274-8461 Internatio
NEW YORK, NY / ACCESSWIRE / August 15, 2024 / OppFi Inc (NYSE:OPFI) is a tech-enabled specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans. The company will be available for 1-on-1 meetings throughout the day in addition to their presentation.Q2-24 results were a record for a Q2, and OPFI raised full-year 2024 earnings guidance by more than 20%Recently diversified business by acquiring minority stake in Bitty Advance to expand mission to small business financingEvent: Q3 Investor SummitDate: August 20th, 2024Presentation Time: 2:00 pm ET Location: https://www.webcaster4.com/Webcast/Page/3062/51137The theme is 50 micro-cap compani
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today announced its participation in the Sidoti Micro-Cap Virtual Conference on August 14-15, 2024. Pam Johnson, Chief Financial Officer, and Shaun Smolarz, Head of Investor Relations, will present and participate in one-on-one meetings with investors. The presentation will begin at 1:45 p.m. ET on August 15, 2024. The webcast and presentation slides will be accessible on the Investor Relations section of OppFi's website at investors.oppfi.com. About OppFi OppFi (NYSE:OPFI) is a tech-ena
Net income increased 53.1% year over year to $27.7 million, a Company record for a second quarter Adjusted net income increased 56.2% year over year to $24.8 million, a Company record for a second quarter Basic and diluted EPS of $0.16 and $0.16, respectively Adjusted EPS increased 53.5% year over year to $0.29 Net charge-off rate as a percentage of total revenue decreased 370 basis points year over year to 32.5% Total revenue yield increased by 600 basis points year over year to 134.8% Total revenue increased 3.1% year over year to $126.3 million, a Company record for a second quarter Adjusted EPS guidance for full-year 2024 increased to $0.73 to $0.75 from $0.58 to $0.62 A
Led by proven operator and industry leader Craig Hecker, Bitty is a profitable and growing platform that provides credit access to underserved small businesses The transaction implies a 6.0x purchase multiple on adjusted net income for the trailing twelve months ending March 31, 2024 and is expected to be immediately accretive to OppFi earnings OppFi expects to continue evaluating strategic acquisition opportunities in new and existing verticals to further facilitate credit access OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, toda
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its second quarter 2024 before the market-open on Wednesday, August 7, 2024. Management will host a conference call on August 7, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website. The conference call can also be accessed with the following dial-in information: Domestic: (800) 225-9448 International: (203) 518-9708 Co
Total revenue increased 5.8% year over year to $127.3 million Net income increased 157.8% year over year to $10.1 million Adjusted net income increased 127.8% year over year to $8.8 million Basic and Diluted EPS of $0.29 and $0.10, respectively Adjusted EPS increased 123.0% year over year to $0.10 Unrestricted cash of $47.2 million and total receivable funding capacity of $613.7 million at the end of the first quarter of 2024 Annualized net charge-off rate as a percentage of total revenue decreased 110 basis points year over year to 47.9% Total revenue yield increased by 350 basis points year over year to 129.5% Adjusted EPS guidance for full-year 2024 increased to $0.58 to
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its first quarter 2024 before the market-open on Wednesday, May 8, 2024. Management will host a conference call on May 8, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website. Investors may pre-submit questions by emailing [email protected]. The conference call can also be accessed with the following dial-in information
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today announced that its Board of Directors (the "Board") has declared a $0.12 per share special dividend to be payable on May 1, 2024 to holders of record of the Company's Class A common stock as of the close of business on April 19, 2024. In addition, the Board authorized a new $20 million share repurchase program. "We're excited to distribute our first special dividend as a public company, demonstrating our commitment to rewarding stockholders and confidence in continuing to generate strong
Net income increased 106.4% year over year to $32.1 million, a Company record for any quarter Adjusted net income1 increased 116.2% year over year to $28.8 million, a Company record for any quarter Basic and diluted EPS of $0.21 and $0.21, respectively Adjusted EPS1 increased 112.4% year over year to $0.33 Net charge-off rate as a percentage of total revenue decreased 810 basis points year over year to 34.3% Average yield, annualized increased by 540 basis points year over year to 133.9% Total revenue increased 2.6% year over year to $136.6 million, a Company record for any quarter Adjusted EPS1 guidance for full-year 2024 increased to $0.85 to $0.87 from $0.73 to $0.75 OppFi Inc. (
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its third quarter 2024 before the market-open on Thursday, November 7, 2024. Management will host a conference call on November 7, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website at investors.oppfi.com. The conference call can also be accessed with the following dial-in information: Domestic: (800) 274-8461 Internatio
Net income increased 53.1% year over year to $27.7 million, a Company record for a second quarter Adjusted net income increased 56.2% year over year to $24.8 million, a Company record for a second quarter Basic and diluted EPS of $0.16 and $0.16, respectively Adjusted EPS increased 53.5% year over year to $0.29 Net charge-off rate as a percentage of total revenue decreased 370 basis points year over year to 32.5% Total revenue yield increased by 600 basis points year over year to 134.8% Total revenue increased 3.1% year over year to $126.3 million, a Company record for a second quarter Adjusted EPS guidance for full-year 2024 increased to $0.73 to $0.75 from $0.58 to $0.62 A
Led by proven operator and industry leader Craig Hecker, Bitty is a profitable and growing platform that provides credit access to underserved small businesses The transaction implies a 6.0x purchase multiple on adjusted net income for the trailing twelve months ending March 31, 2024 and is expected to be immediately accretive to OppFi earnings OppFi expects to continue evaluating strategic acquisition opportunities in new and existing verticals to further facilitate credit access OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, toda
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its second quarter 2024 before the market-open on Wednesday, August 7, 2024. Management will host a conference call on August 7, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website. The conference call can also be accessed with the following dial-in information: Domestic: (800) 225-9448 International: (203) 518-9708 Co
Total revenue increased 5.8% year over year to $127.3 million Net income increased 157.8% year over year to $10.1 million Adjusted net income increased 127.8% year over year to $8.8 million Basic and Diluted EPS of $0.29 and $0.10, respectively Adjusted EPS increased 123.0% year over year to $0.10 Unrestricted cash of $47.2 million and total receivable funding capacity of $613.7 million at the end of the first quarter of 2024 Annualized net charge-off rate as a percentage of total revenue decreased 110 basis points year over year to 47.9% Total revenue yield increased by 350 basis points year over year to 129.5% Adjusted EPS guidance for full-year 2024 increased to $0.58 to
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its first quarter 2024 before the market-open on Wednesday, May 8, 2024. Management will host a conference call on May 8, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website. Investors may pre-submit questions by emailing [email protected]. The conference call can also be accessed with the following dial-in information
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today announced that its Board of Directors (the "Board") has declared a $0.12 per share special dividend to be payable on May 1, 2024 to holders of record of the Company's Class A common stock as of the close of business on April 19, 2024. In addition, the Board authorized a new $20 million share repurchase program. "We're excited to distribute our first special dividend as a public company, demonstrating our commitment to rewarding stockholders and confidence in continuing to generate strong
Record total revenue and ending receivables for full-year 2023 Ninth consecutive year of net income Net income of $39.5 million for full-year 2023 Adjusted net income of $43.3 million for full-year 2023 Net charge off rate as a percentage of total revenue improved by 8.1 percentage points to 43.5% for full-year 2023 Total revenue increased 10.7% year over year to $132.9 million for fourth quarter of 2023 Net income of $1.9 million for fourth quarter of 2023 Adjusted net income of $8.9 million for fourth quarter of 2023 Annualized net charge off rate as a percentage of total revenue improved by 12.9 percentage points year over year to 46.4% for fourth quarter
OppFi Inc. (NYSE:OPFI, OPFI WS))) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its fourth quarter and full year 2023 after the market-close on Thursday, March 7, 2024. Management will host a conference call on March 7, 2024 at 4:30 p.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website. Investors may pre-submit questions by emailing [email protected]. The conference call can also be accessed with the
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JMP Securities reiterated coverage of OppFi with a rating of Market Outperform and set a new price target of $6.00 from $10.00 previously
Needham reiterated coverage of OppFi with a rating of Buy and set a new price target of $4.50 from $10.00 previously
Piper Sandler initiated coverage of OppFi with a rating of Neutral and set a new price target of $7.00
Needham initiated coverage of OppFi with a rating of Buy and set a new price target of $10.00
10-Q - OppFi Inc. (0001818502) (Filer)
8-K - OppFi Inc. (0001818502) (Filer)
8-K - OppFi Inc. (0001818502) (Filer)
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10-Q - OppFi Inc. (0001818502) (Filer)
8-K - OppFi Inc. (0001818502) (Filer)
8-K - OppFi Inc. (0001818502) (Filer)
8-K - OppFi Inc. (0001818502) (Filer)
8-K - OppFi Inc. (0001818502) (Filer)
10-Q - OppFi Inc. (0001818502) (Filer)