B. Riley Forecasts Lower Earnings for Oportun Financial

Oportun Financial Co. (NASDAQ:OPRT) – B. Riley decreased their FY2025 earnings per share (EPS) estimates for shares of Oportun Financial in a report released 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 previous forecast of $0.78. The consensus estimate for Oportun Financial’s current full-year earnings is $0.12 per share.

Other research analysts have also recently issued research reports about the company. Singular Research raised Oportun Financial to a “strong-buy” rating in a research note on Friday, September 20th. JMP Securities reiterated a “market perform” rating on shares of Oportun Financial in a research report on Monday, August 12th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $5.50.

Oportun Financial Stock Down 2.6 %

Shares of NASDAQ OPRT opened at $3.03 on Thursday. The firm has a market capitalization of $108.99 million, a P/E ratio of -0.92 and a beta of 1.10. The stock’s 50-day simple moving average is $2.78 and its two-hundred day simple moving average is $2.98. Oportun Financial has a twelve month low of $2.05 and a twelve month high of $4.60.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in OPRT. Public Employees Retirement System of Ohio grew its stake in shares of Oportun Financial by 30.4% in the 1st quarter. Public Employees Retirement System of Ohio now owns 15,103 shares of the company’s stock worth $37,000 after buying an additional 3,521 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Oportun Financial by 5.4% in the third quarter. Empowered Funds LLC now owns 110,620 shares of the company’s stock worth $311,000 after acquiring an additional 5,628 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Oportun Financial by 4.9% during the third quarter. Geode Capital Management LLC now owns 311,450 shares of the company’s stock valued at $875,000 after acquiring an additional 14,683 shares in the last quarter. SkyView Investment Advisors LLC raised its position in shares of Oportun Financial by 28.6% in the 2nd quarter. SkyView Investment Advisors LLC now owns 67,500 shares of the company’s stock worth $196,000 after purchasing an additional 15,000 shares during the last quarter. Finally, Flaharty Asset Management LLC raised its position in shares of Oportun Financial by 75.0% in the 2nd quarter. Flaharty Asset Management LLC now owns 35,000 shares of the company’s stock worth $102,000 after purchasing an additional 15,000 shares during the last quarter. Institutional investors own 82.70% of the company’s stock.

About Oportun Financial

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.