FY2025 EPS Forecast for Oportun Financial Reduced by Analyst

Oportun Financial Co. (NASDAQ:OPRT) – Equities researchers at B. Riley lowered their FY2025 earnings per share (EPS) estimates for Oportun Financial in a research report issued on Monday, November 18th. B. Riley analyst H. Goetsch now anticipates that the company will post earnings per share of $0.75 for the year, down from their prior forecast of $0.78. The consensus estimate for Oportun Financial’s current full-year earnings is $0.12 per share.

A number of other analysts have also commented on the company. JMP Securities reaffirmed a “market perform” rating on shares of Oportun Financial in a research note on Monday, August 12th. Singular Research upgraded shares of Oportun Financial to a “strong-buy” rating in a report on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Oportun Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.50.

Oportun Financial Trading Down 1.0 %

Shares of NASDAQ:OPRT opened at $3.11 on Thursday. The business’s fifty day moving average price is $2.77 and its two-hundred day moving average price is $2.98. Oportun Financial has a one year low of $2.05 and a one year high of $4.60.

Institutional Trading of Oportun Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Long Focus Capital Management LLC boosted its position in shares of Oportun Financial by 6.0% in the second quarter. Long Focus Capital Management LLC now owns 1,740,777 shares of the company’s stock worth $5,048,000 after acquiring an additional 99,197 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Oportun Financial by 26.4% during the 2nd quarter. Millennium Management LLC now owns 1,507,012 shares of the company’s stock worth $4,370,000 after buying an additional 314,553 shares during the last quarter. RBF Capital LLC raised its position in shares of Oportun Financial by 82.9% in the 3rd quarter. RBF Capital LLC now owns 978,079 shares of the company’s stock worth $2,748,000 after buying an additional 443,177 shares during the period. Acadian Asset Management LLC boosted its holdings in Oportun Financial by 11.2% in the first quarter. Acadian Asset Management LLC now owns 813,254 shares of the company’s stock valued at $1,975,000 after acquiring an additional 82,146 shares during the last quarter. Finally, Acuitas Investments LLC purchased a new stake in Oportun Financial during the second quarter valued at about $1,577,000. Hedge funds and other institutional investors own 82.70% of the company’s stock.

Oportun Financial Company Profile

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.