Q1 Earnings Estimate for Atlanticus Issued By B. Riley

Key Points

• B. Riley has issued a Q1 2027 earnings estimate for Atlanticus, projecting earnings of $2.19 per share, with a Buy rating and a price target of $90.00 for the stock.
• The company's recent performance shows a beat on earnings results, reporting $1.51 EPS for the last quarter, which exceeded estimates.
• $0.4766 per share, equating to an annual yield of 2.6%.

Atlanticus Holdings Corporation (NASDAQ:ATLC - Free Report) - Equities researchers at B. Riley issued their Q1 2027 earnings per share estimates for Atlanticus in a research report issued on Monday, September 15th. B. Riley analyst R. Binner anticipates that the credit services provider will post earnings of $2.19 per share for the quarter. B. Riley has a "Buy" rating and a $90.00 price objective on the stock. The consensus estimate for Atlanticus' current full-year earnings is $4.49 per share. B. Riley also issued estimates for Atlanticus' Q2 2027 earnings at $2.20 EPS and FY2027 earnings at $10.00 EPS.

Several other analysts also recently commented on the company. JMP Securities reissued a "market outperform" rating and issued a $78.00 price objective on shares of Atlanticus in a research note on Friday, September 12th. Wall Street Zen cut shares of Atlanticus from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, BTIG Research reaffirmed a "buy" rating and issued a $84.00 price objective on shares of Atlanticus in a research report on Thursday, September 11th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $73.20.

Atlanticus Trading Down 4.7%

ATLC opened at $72.60 on Wednesday. Atlanticus has a fifty-two week low of $32.51 and a fifty-two week high of $78.91. The firm has a market capitalization of $1.10 billion, a PE ratio of 12.76 and a beta of 2.00. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.38 and a quick ratio of 1.38. The company's 50-day moving average is $59.63 and its 200 day moving average is $54.29.

Atlanticus (NASDAQ:ATLC - Get Free Report) last issued its earnings results on Thursday, August 7th. The credit services provider reported $1.51 EPS for the quarter, beating the consensus estimate of $1.30 by $0.21. The company had revenue of $393.82 million during the quarter, compared to the consensus estimate of $373.87 million. Atlanticus had a return on equity of 24.20% and a net margin of 8.51%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. New York State Teachers Retirement System grew its stake in shares of Atlanticus by 151.5% in the second quarter. New York State Teachers Retirement System now owns 503 shares of the credit services provider's stock worth $28,000 after acquiring an additional 303 shares during the period. Quantbot Technologies LP boosted its holdings in Atlanticus by 19.3% in the first quarter. Quantbot Technologies LP now owns 3,152 shares of the credit services provider's stock worth $161,000 after purchasing an additional 509 shares during the last quarter. Jump Financial LLC grew its position in Atlanticus by 6.1% in the 2nd quarter. Jump Financial LLC now owns 9,344 shares of the credit services provider's stock worth $512,000 after purchasing an additional 537 shares during the period. Charles Schwab Investment Management Inc. grew its position in Atlanticus by 3.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 15,751 shares of the credit services provider's stock worth $806,000 after purchasing an additional 561 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in Atlanticus by 1.2% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 82,629 shares of the credit services provider's stock valued at $4,524,000 after buying an additional 982 shares during the last quarter. 14.15% of the stock is owned by institutional investors.

Insider Transactions at Atlanticus

In other news, Director Deal W. Hudson sold 2,000 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $62.39, for a total transaction of $124,780.00. Following the completion of the transaction, the director directly owned 61,092 shares in the company, valued at $3,811,529.88. This trade represents a 3.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 51.80% of the stock is currently owned by company insiders.

Atlanticus Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Monday, September 1st were given a dividend of $0.4766 per share. This represents a $1.91 annualized dividend and a yield of 2.6%.

About Atlanticus

Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers.

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