Oportun Financial (NASDAQ:OPRT) Releases Earnings Results

Oportun Financial (NASDAQ:OPRT) posted its quarterly earnings results on Wednesday. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.12 by $0.32, Zacks reports. Oportun Financial had a negative net margin of 12.75% and a negative return on equity of 6.59%. Oportun Financial updated its Q1 2025 guidance to EPS and its FY 2025 guidance to 1.100-1.300 EPS.

Oportun Financial Trading Up 3.0 %

OPRT stock traded up $0.17 during mid-day trading on Wednesday, hitting $5.91. The stock had a trading volume of 1,274,428 shares, compared to its average volume of 279,608. The stock has a market capitalization of $212.64 million, a price-to-earnings ratio of -1.79 and a beta of 1.16. Oportun Financial has a 1-year low of $2.05 and a 1-year high of $5.99. The company has a fifty day moving average of $4.11 and a 200 day moving average of $3.34.

Insider Activity at Oportun Financial

In other Oportun Financial news, Director Mohit Daswani acquired 7,420 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average cost of $3.90 per share, for a total transaction of $28,938.00. Following the completion of the acquisition, the director now owns 41,924 shares of the company’s stock, valued at approximately $163,503.60. This trade represents a 21.50 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Raul Vazquez bought 8,844 shares of the stock in a transaction on Wednesday, November 27th. The shares were acquired at an average cost of $3.86 per share, for a total transaction of $34,137.84. Following the completion of the transaction, the chief executive officer now directly owns 1,257,328 shares of the company’s stock, valued at approximately $4,853,286.08. The trade was a 0.71 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders bought 41,264 shares of company stock valued at $159,826. 9.30% of the stock is owned by corporate insiders.

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.