Oportun Financial Corporation (OPRT)
Market Cap | 110.91M |
Revenue (ttm) | 280.67M |
Net Income (ttm) | -179.95M |
Shares Out | 34.23M |
EPS (ttm) | -4.88 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 863,824 |
Open | 3.180 |
Previous Close | 3.150 |
Day's Range | 3.110 - 3.420 |
52-Week Range | 2.050 - 7.730 |
Beta | 1.26 |
Analysts | Buy |
Price Target | 5.90 (+82.1%) |
Earnings Date | May 9, 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]
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 StatementsAnalyst 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 82.10% from the latest price.
News
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
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
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...
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...
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...
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...
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 ...
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...
Oportun Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
SAN CARLOS, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that on September 10, 2023, it granted a total of 165,887 restricted stock units...
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...
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...
Oportun Reports Third Quarter 2023 Financial Results
Record revenue of $268 million , 7% year-over-year growth
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...
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.
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...
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...
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...
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 (...
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...
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 ...
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...
Oportun Reports Strong Second Quarter 2023 Financial Results
Record revenue of $267 million , 18% year-over-year growth
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...
Oportun to Report Second Quarter 2023 Financial Results on Tuesday, August 8, 2023
SAN CARLOS, Calif., July 18, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, will release financial results for its second quarter 2023 on Tuesday, August 8, 2023, after mar...
Oportun releases 2022 Corporate Responsibility & Sustainability Report
SAN CARLOS, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today published its 2022 Corporate Responsibility & Sustainability Report.