Ellie Mae, Inc. provides cloud-based platform for the mortgage finance industry in the United States. The company provides Encompass, a proprietary software solution that combines lead management; loan origination and processing; underwriting; preparation of mortgage applications, disclosure agreements, and closing documents; loan funding and closing; compliance with regulatory and investor requirements; and enterprise management. Its platform also offers Encompass Lending Platform and Encompass Developer Connect Solution, and Encompass Data Connect; and sales and marketing solutions, such as Encompass CRM, Velocify, Encompass WebCenter, Encompass Consumer Connect, Encompass TPO WebCenter, Encompass TPO Connect, and Encompass Loan Officer Connect. In addition, the company provides loan quality and compliance solutions, including Ellie Mae Total Quality Loan Program, Encompass Compliance Service, Encompass 4506-T Service, Encompass Flood Service, and Encompass Fraud Service. Further, it offers efficient processing and closing solutions, such as Encompass Electronic Document Management, Encompass Docs, Encompass Appraisal Center, and Encompass Title & Closing Center; and integrated pricing and secondary marketing solutions, including Encompass Product and Pricing Service, Encompass Secondary Marketing, and Encompass Data and Docs Delivery. Additionally, the company provides education and training; and loan product, policy, and guideline data and analytics services under the AllRegs brand. Ellie Mae, Inc. was founded in 1997 and is headquartered in Pleasanton, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
SymbolNYSE:ELLI
CUSIP28849P10
Phone925-227-7000
Debt
Debt-to-Equity RatioN/A
Current Ratio4.87
Quick Ratio4.87
Price-To-Earnings
Trailing P/E Ratio97.96
Forward P/E Ratio104.01
P/E Growth5.84
Sales & Book Value
Annual Sales$417.04 million
Price / Sales8.38
Cash Flow$2.2475 per share
Price / Cash44.89
Book Value$21.29 per share
Price / Book4.74
Profitability
EPS (Most Recent Fiscal Year)$1.03
Net Income$52.85 million
Net Margins7.81%
Return on Equity4.50%
Return on Assets4.05%
Miscellaneous
Employees1,480
Outstanding Shares34,640,000
Market Cap$3.64 billion
Ellie Mae (NYSE:ELLI) Frequently Asked Questions
What is Ellie Mae's stock symbol?
Ellie Mae trades on the New York Stock Exchange (NYSE) under the ticker symbol "ELLI."
How were Ellie Mae's earnings last quarter?
Ellie Mae Inc (NYSE:ELLI) issued its quarterly earnings data on Thursday, July, 26th. The software maker reported $0.54 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.13. The software maker earned $125 million during the quarter, compared to analysts' expectations of $123.79 million. Ellie Mae had a return on equity of 4.50% and a net margin of 7.81%. The firm's revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 earnings per share. View Ellie Mae's Earnings History.
When is Ellie Mae's next earnings date?
What guidance has Ellie Mae issued on next quarter's earnings?
Ellie Mae issued an update on its FY18 earnings guidance on Thursday, July, 26th. The company provided EPS guidance of $1.79-1.92 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.76. The company issued revenue guidance of $495-505 million, compared to the consensus revenue estimate of $499.98 million.Ellie Mae also updated its Q3 guidance to $0.52-0.57 EPS.
What price target have analysts set for ELLI?
14 brokers have issued 1-year price targets for Ellie Mae's stock. Their predictions range from $60.00 to $135.00. On average, they anticipate Ellie Mae's share price to reach $108.5385 in the next year. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for Ellie Mae.
What is the consensus analysts' recommendation for Ellie Mae?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ellie Mae in the last year. There are currently 2 sell ratings, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ellie Mae.
What are Wall Street analysts saying about Ellie Mae stock?
Here are some recent quotes from research analysts about Ellie Mae stock:
- 1. KeyCorp analysts commented, "We remain encouraged by new mortgage origination industry forecasts that have upticked slightly in the last three months. This reinforces our recovery thesis on ELLI in 2018 where moderating industry declines, new cloud software products (i.e., CRM, marketing, etc.), and new customers (TD Bank, AmeriHome, etc.) give us confidence that contracted revenue is on track to increase 25% y/y to $355M and overall revenue could rise 19% y/y and approach $500M. Moderating ." (7/22/2018)
- 2. According to Zacks Investment Research, "Ellie Mae’s consistent top-line growth has been benefiting from robust adoption of the Encompass NG Lending Platform. The company is working in accordance with lender feedback to enhance the platform. The aggressive acquisition strategy is also proving to be worthy. Additionally, a strong client base including TD Bank, one of the top 10 national banks of America, is also a major positive for the company. Notably, the company has a strong balance sheet with no long-term debt. However, the company's serviceable industry just being concentrated to the financial mortgage industry is a major headwind for the company, especially, when the mortgage origination environment is likely to face hurdles going ahead. A negative free cash flow also does not bode well for investors. The stock has underperformed the industry on a year-to-date basis." (6/27/2018)
Who are some of Ellie Mae's key competitors?
Some companies that are related to Ellie Mae include ANSYS (ANSS), Mobileye (MBBYF), Synopsys (SNPS), SS&C Technologies (SSNC), Cadence Design Systems (CDNS), Dropbox (DBX), UBISOFT Entmt S/ADR (UBSFY), Veeva Systems (VEEV), Symantec (SYMC), PTC (PTC), Temenos (TMNSF), Nutanix (NTNX), Docusign (DOCU), Tyler Technologies (TYL) and The Ultimate Software Group (ULTI).
Who are Ellie Mae's key executives?
Ellie Mae's management team includes the folowing people:
- Mr. Sigmund Anderman, Exec. Chairman (Age 76)
- Mr. Jonathan H. Corr, Chief Exec. Officer, Pres and Director (Age 51)
- Mr. Peter Hirsch, Exec. VP of Technology & Operations (Age 57)
- Ms. Cathleen Schreiner Gates, Exec. VP of Sales & Marketing (Age 63)
- Mr. Joseph Tyrrell, Exec. VP of Corp. Strategy (Age 52)
Has Ellie Mae been receiving favorable news coverage?
News stories about ELLI stock have trended somewhat negative recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ellie Mae earned a media and rumor sentiment score of -0.11 on Accern's scale. They also assigned media headlines about the software maker an impact score of 47.02 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Ellie Mae.
Who are Ellie Mae's major shareholders?
Ellie Mae's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.07%), FMR LLC (4.54%), Sylebra HK Co Ltd (3.63%), Meritage Group LP (3.22%), Baillie Gifford & Co. (3.00%) and Morgan Stanley (2.14%). Company insiders that own Ellie Mae stock include A Barr Dolan, Brian E Brown, Carl Buccellato, Edgar Luce, Gates Cathleen Schreiner, Jeb S Spencer, Jonathan Corr, Joseph P Tyrrell, Karen Blasing, Limin Hu, Marina Levinson, Matthew Lavay, Peter Hirsch, Robert J Levin and Sigmund Anderman. View Institutional Ownership Trends for Ellie Mae.
Which major investors are selling Ellie Mae stock?
ELLI stock was sold by a variety of institutional investors in the last quarter, including Whale Rock Capital Management LLC, Voya Investment Management LLC, Waddell & Reed Financial Inc., Standard Life Aberdeen plc, Calamos Advisors LLC, Scout Investments Inc., Wells Fargo & Company MN and California Public Employees Retirement System. Company insiders that have sold Ellie Mae company stock in the last year include A Barr Dolan, Brian E Brown, Carl Buccellato, Gates Cathleen Schreiner, Jeb S Spencer, Jonathan Corr, Joseph P Tyrrell, Karen Blasing, Marina Levinson, Matthew Lavay, Peter Hirsch and Sigmund Anderman. View Insider Buying and Selling for Ellie Mae.
Which major investors are buying Ellie Mae stock?
ELLI stock was bought by a variety of institutional investors in the last quarter, including Meritage Group LP, RGM Capital LLC, FMR LLC, Morgan Stanley, BlackRock Inc., Sylebra HK Co Ltd, Fred Alger Management Inc. and Westpac Banking Corp. View Insider Buying and Selling for Ellie Mae.
How do I buy shares of Ellie Mae?
Shares of ELLI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ellie Mae's stock price today?
One share of ELLI stock can currently be purchased for approximately $100.89.
How big of a company is Ellie Mae?
Ellie Mae has a market capitalization of $3.64 billion and generates $417.04 million in revenue each year. The software maker earns $52.85 million in net income (profit) each year or $1.03 on an earnings per share basis. Ellie Mae employs 1,480 workers across the globe.
How can I contact Ellie Mae?
Ellie Mae's mailing address is 4420 ROSEWOOD DRIVE SUITE 500, PLEASANTON CA, 94588. The software maker can be reached via phone at 925-227-7000 or via email at [email protected]
MarketBeat Community Rating for Ellie Mae (NYSE ELLI)
MarketBeat's community ratings are surveys of what our community members think about Ellie Mae and other stocks. Vote "Outperform" if you believe ELLI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ELLI will underperform the S&P 500 over the long term. You may vote once every thirty days.
