Oportun Financial Corporation Common Stock (OPRT)
Oportun Financial Corporation (OPRT) is a financial services company that specializes in providing personal installment loans and financial products to underserved consumers. Founded in 2005, it aims to promote financial inclusion by offering affordable credit options to individuals who might not qualify for traditional banking services. The company operates primarily through physical branches and digital channels, emphasizing responsible lending and financial literacy.
Company News
Oportun has awarded scholarships to 25 students from California and Texas, supporting their undergraduate education in various STEM and finance-related fields. Each recipient receives financial support and access to a savings app.
Oportun Financial (NASDAQ:OPRT) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 2 0 0 Last 30D 0 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 2 0 0 3M Ago 0 1 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Oportun Financial, presenting an average target of $5.5, a high estimate of $8.00, and a low estimate of $3.50. This current average has decreased by 26.67% from the previous average price target of $7.50. Interpreting Analyst Ratings: A Closer Look The standing of Oportun Financial among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Hal Goetsch B. Riley Securities Lowers Buy $8.00 $9.00 Sanjay Sakhrani Keefe, Bruyette & Woods Lowers Market Perform $4.00 $4.50 John Hecht Jefferies Lowers Hold $3.50 $9.00 David Scharf JMP Securities Maintains Market Outperform $6.50 - Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Oportun Financial. This ...Full story available on Benzinga.com
While the top- and bottom-line numbers for Oportun Financial (OPRT) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.