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Atlanticus (ATLC) Projected to Announce Quarterly Earnings on Thursday

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Key Points

  • Atlanticus is expected to report Q2 2026 results after the market closes on August 6. Analysts forecast earnings of $2.42 per share and revenue of approximately $716.3 million.
  • The company exceeded earnings expectations in the prior quarter, reporting $2.23 EPS versus the $1.69 consensus, though revenue of $679.6 million fell short of estimates.
  • Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and a $126 price target. However, insiders sold 75,000 shares worth about $7.9 million during the last quarter.
  • MarketBeat previews top five stocks to own in September.

Atlanticus (NASDAQ:ATLC - Get Free Report) is projected to announce its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect Atlanticus to post earnings of $2.42 per share and revenue of $716.3470 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:00 PM ET.

Atlanticus (NASDAQ:ATLC - Get Free Report) last released its earnings results on Thursday, May 7th. The credit services provider reported $2.23 EPS for the quarter, beating analysts' consensus estimates of $1.69 by $0.54. Atlanticus had a return on equity of 23.43% and a net margin of 5.86%.The business had revenue of $679.59 million for the quarter, compared to analysts' expectations of $749.36 million. On average, analysts expect Atlanticus to post $9 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Atlanticus Trading Down 0.9%

Shares of ATLC stock opened at $103.92 on Thursday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.08. The business has a 50-day moving average price of $94.93 and a two-hundred day moving average price of $73.07. Atlanticus has a 12-month low of $46.93 and a 12-month high of $112.61. The firm has a market cap of $1.57 billion, a P/E ratio of 15.51 and a beta of 2.11.

Analyst Upgrades and Downgrades

ATLC has been the subject of a number of recent analyst reports. William Blair set a $100.00 price target on shares of Atlanticus in a report on Wednesday, June 10th. HSBC set a $144.00 target price on shares of Atlanticus in a research report on Monday, July 13th. Wall Street Zen raised Atlanticus from a "buy" rating to a "strong-buy" rating in a research report on Sunday, July 5th. Zacks Research cut shares of Atlanticus from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 13th. Finally, Citigroup reissued an "outperform" rating on shares of Atlanticus in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $126.00.

Check Out Our Latest Stock Report on Atlanticus

Insider Buying and Selling

In other news, CFO William Mccamey sold 10,000 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $103.01, for a total transaction of $1,030,100.00. Following the transaction, the chief financial officer directly owned 127,410 shares in the company, valued at approximately $13,124,504.10. This trade represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jeffrey A. Howard sold 10,000 shares of the stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $103.01, for a total transaction of $1,030,100.00. Following the sale, the chief executive officer directly owned 663,265 shares of the company's stock, valued at approximately $68,322,927.65. The trade was a 1.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 75,000 shares of company stock worth $7,868,627. 51.00% of the stock is owned by company insiders.

Institutional Trading of Atlanticus

A number of hedge funds and other institutional investors have recently made changes to their positions in ATLC. Hsbc Holdings PLC purchased a new stake in Atlanticus during the fourth quarter worth $223,000. Empowered Funds LLC lifted its position in shares of Atlanticus by 8.0% during the 4th quarter. Empowered Funds LLC now owns 64,753 shares of the credit services provider's stock valued at $4,335,000 after buying an additional 4,805 shares in the last quarter. XTX Topco Ltd acquired a new stake in Atlanticus in the 4th quarter valued at $594,000. Zacks Investment Management acquired a new stake in Atlanticus in the 4th quarter valued at $220,000. Finally, Wellington Management Group LLP increased its holdings in Atlanticus by 54.7% in the 4th quarter. Wellington Management Group LLP now owns 704,282 shares of the credit services provider's stock worth $47,152,000 after acquiring an additional 249,100 shares in the last quarter. Institutional investors and hedge funds own 14.15% of the company's stock.

About Atlanticus

(Get Free Report)

Atlanticus Holdings Corporation is a specialty financial services holding company that provides credit products and solutions to consumers across the United States. Through its subsidiaries, the company offers proprietary credit card programs, installment loan products and deposit accounts designed to serve customers who may have limited access to traditional credit. Atlanticus markets its offerings through a variety of channels, including direct‐to‐consumer online platforms, mail order, call centers and partnerships with retail and e-commerce businesses.

The company underwrites and services credit card portfolios under private-label and co-branded agreements, combining technology‐enabled underwriting with tailored customer service.

Read More

Earnings History for Atlanticus (NASDAQ:ATLC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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