Oportun Financial (NASDAQ:OPRT) Announces Earnings Results, Beats Expectations By $0.32 EPS

Oportun Financial (NASDAQ:OPRT) announced 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 Stock Performance

Oportun Financial stock traded up $0.17 during midday trading on Wednesday, hitting $5.91. 1,274,428 shares of the company’s stock were exchanged, compared to its average volume of 279,608. The company has a market cap of $212.64 million, a P/E ratio of -1.79 and a beta of 1.16. The stock has a 50-day moving average price of $4.11 and a two-hundred day moving average price of $3.34. Oportun Financial has a 52-week low of $2.05 and a 52-week high of $5.99.

Insider Buying and Selling at Oportun Financial

In related news, CEO Raul Vazquez purchased 8,844 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were purchased at an average price of $3.86 per share, with a total value of $34,137.84. Following the acquisition, the chief executive officer now directly owns 1,257,328 shares of the company’s stock, valued at approximately $4,853,286.08. This represents a 0.71 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mohit Daswani acquired 7,420 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were bought at an average cost of $3.90 per share, with a total value of $28,938.00. Following the completion of the acquisition, the director now directly owns 41,924 shares in the company, valued at $163,503.60. The trade was a 21.50 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 41,264 shares of company stock valued at $159,826 in the last 90 days. Corporate insiders own 9.30% 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.