Oportun Financial Corporation (OPRT)

NASDAQ: OPRT · IEX Real-Time Price · USD
2.900
+0.050 (1.75%)
At close: Jun 24, 2024, 4:00 PM
2.820
-0.080 (-2.76%)
After-hours: Jun 24, 2024, 6:35 PM EDT
1.75%
Market Cap 103.21M
Revenue (ttm) 355.03M
Net Income (ttm) -104.30M
Shares Out 35.59M
EPS (ttm) -2.72
PE Ratio n/a
Forward PE 11.07
Dividend n/a
Ex-Dividend Date n/a
Volume 69,985
Open 2.840
Previous Close 2.850
Day's Range 2.820 - 2.910
52-Week Range 2.050 - 7.730
Beta 1.14
Analysts Buy
Price Target 5.90 (+103.45%)
Earnings Date Aug 6, 2024

About OPRT

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. [Read more]

Industry Credit Services
Sector Financials
IPO Date Sep 26, 2019
Employees 2,340
Stock Exchange NASDAQ
Ticker Symbol OPRT
Full Company Profile

Financial Performance

In 2023, OPRT's revenue was $280.67 million, a decrease of -56.19% compared to the previous year's $640.66 million. Losses were -$179.95 million, 131.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for OPRT stock is "Buy." The 12-month stock price forecast is $5.9, which is an increase of 103.45% from the latest price.

Price Target
$5.9
(103.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Oportun Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

SAN CARLOS, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that on June 14, 2024, it granted a total of 142,478 restricted stock units to 3...

4 days ago - GlobeNewsWire

Oportun to Present at Sidoti June Virtual Investor Conference

SAN CARLOS, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti June Virtual Investor Conference...

18 days ago - GlobeNewsWire

Oportun Reports First Quarter 2024 Financial Results

Strong performance versus guidance Total operating expenses declined 15% sequentially and 25% year-over-year GAAP net loss sharply reduced by $76M year-over-year, returned to adjusted profitability Ad...

6 weeks ago - GlobeNewsWire

Oportun Announces Preliminary Q1 2024 Financial Information

Oportun Announces Preliminary Q1 2024 Financial Information; Schedules First Quarter 2024 Earnings Release and Conference Call for Thursday, May 9, 2024

2 months ago - GlobeNewsWire

Oportun Appoints Scott Parker to its Board of Directors in Cooperation with Findell Capital

Oportun Appoints Scott Parker to its Board of Directors in Cooperation with Findell Capital; Richard Tambor Appointed Board Observer, to Stand for Election

2 months ago - GlobeNewsWire

Concerned Shareholders Issue Letter to Oportun Financial Corporation's Board of Directors Regarding the Urgent Need for Changes in Management and Strategy

HOUSTON--(BUSINESS WIRE)--Bradley Radoff and Josh Schechter (together with their affiliates, the “Concerned Shareholders” or “we”) today issued the below open letter to the Board of Directors (the “Bo...

3 months ago - Business Wire

Oportun Reports Fourth Quarter and Full Year 2023 Financial Results

4Q23 Total revenue of $263 million , bringing FY23 to $1.1 billion , up 11% year-over-year Quarterly operating expense down 15% $30 million in additional operating expense reductions announced $200 mi...

3 months ago - GlobeNewsWire

Oportun to Present at Sidoti March Virtual Investor Conference

SAN CARLOS, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti March Virtual Investor Conferen...

3 months ago - GlobeNewsWire

Oportun to Report Fourth Quarter 2023 Financial Results on Tuesday, March 12, 2024

SAN CARLOS, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, will release financial results for its fourth quarter 2023 on Tuesday, March 12, 2024, after mar...

4 months ago - GlobeNewsWire

Oportun Completes $200 Million Asset Backed Securitization

SAN CARLOS, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced the issuance of $200 million of fixed rate asset-backed notes secured by a pool ...

4 months ago - GlobeNewsWire

Oportun Appoints Two New Independent Members to its Board of Directors

SAN CARLOS, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT) today announced the addition of two new independent board members to its Board of Directors. Effective as of February 7, 20...

5 months ago - GlobeNewsWire

Findell Capital Management LLC Issues Statement to the Stockholders of Oportun Financial Corporation

Expresses Serious Concerns About Oportun's Financial and Stock Price Underperformance Under CEO Raul Vazquez Believes that the Board's Continued Lack of Oversight and Inexplicable Allegiance to CEO Ra...

7 months ago - PRNewsWire

Oportun to Present at Sidoti December Virtual Investor Conference

SAN CARLOS, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti December Virtual Investor Confer...

7 months ago - GlobeNewsWire

Oportun Reports Third Quarter 2023 Financial Results

Record revenue of $268 million , 7% year-over-year growth

8 months ago - GlobeNewsWire

Castlelake to Provide $200 Million Private Structured Financing Solution to Oportun to Finance Personal Loan Product

MINNEAPOLIS and SAN CARLOS, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Castlelake, L.P., a global alternative investment firm specializing in asset-based opportunities and Oportun (Nasdaq: OPRT), a mis...

8 months ago - GlobeNewsWire

Oportun Announces New Spanish-Language Capability and Improved Savings Features in Ongoing Commitment to Financial Inclusion

SAN CARLOS, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Oportun is a mission-driven fintech that puts the financial goals of its 2 million members within reach.

8 months ago - GlobeNewsWire

Oportun and Ellington extend relationship with up to $70 million in new whole loan sales

SAN CARLOS, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, and Ellington Management Group, an investment management firm dedicated to seeking attractive ri...

8 months ago - GlobeNewsWire

Oportun to Report Third Quarter 2023 Financial Results on Monday, November 6, 2023

SAN CARLOS, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, will release financial results for its third quarter 2023 on Monday, November 6, 2023, after mar...

9 months ago - GlobeNewsWire

Pagaya, National Bankers Association, Oportun and TransUnion at Money20/20: Data for Good: Bettering the Economy Through Financial Inclusion

LAS VEGAS--(BUSINESS WIRE)--Pagaya Co-founder and CEO Gal Krubiner, National Bankers Association President and CEO Nicole Elam, Oportun CEO Raul Vazquez and TransUnion SVP and head of consumer lending...

Other symbols: PGYTRU
9 months ago - Business Wire

Oportun Announces Series of Corporate Governance Enhancements

SAN CARLOS, Calif., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun” or the “Company”), a mission-driven fintech, announced today that its Board of Directors (...

9 months ago - GlobeNewsWire

Oportun to Present at Sidoti Virtual Investor Conference

SAN CARLOS, Calif., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti September Virtual Investor Conf...

10 months ago - GlobeNewsWire

San Francisco Chronicle Names Oportun a Winner of the Greater Bay Area Top Workplaces 2023 Award

SAN CARLOS, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, has been awarded a Top Workplaces 2023 honor by San Francisco Bay Area Top Workplaces. The list ...

11 months ago - GlobeNewsWire

Oportun Closes $400 Million Whole Loan Flow Sale Agreement with Castlelake, L.P. to Fund Personal Loan Production

MINNEAPOLIS and SAN CARLOS, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, and Castlelake, L.P., a global alternative investment firm specializing in asset...

11 months ago - GlobeNewsWire

Oportun Reports Strong Second Quarter 2023 Financial Results

Record revenue of $267 million , 18% year-over-year growth

11 months ago - GlobeNewsWire

Oportun names Kate Layton as Chief Legal Officer

SAN CARLOS, Calif., July 21, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today announced that it is promoting Kate Layton to the role of Chi...

1 year ago - GlobeNewsWire