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 Ratio4.88
Quick Ratio4.88
Price-To-Earnings
Trailing P/E Ratio104.54
Forward P/E Ratio125.21
P/E Growth6.97
Sales & Book Value
Annual Sales$417.04 million
Price / Sales8.87
Cash Flow$2.3388 per share
Price / Cash46.04
Book Value$21.29 per share
Price / Book5.06
Profitability
EPS (Most Recent Fiscal Year)$1.03
Net Income$52.85 million
Net Margins10.28%
Return on Equity5.73%
Return on Assets5.17%
Miscellaneous
Employees1,480
Outstanding Shares34,350,000
Market Cap$3,698.48
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) announced its quarterly earnings results on Thursday, April, 26th. The software maker reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.25. The software maker had revenue of $117.91 million for the quarter, compared to the consensus estimate of $108.80 million. Ellie Mae had a return on equity of 5.73% and a net margin of 10.28%. The firm's revenue for the quarter was up 26.8% compared to the same quarter last year. During the same period last year, the firm earned $0.25 EPS. 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, April, 26th. The company provided EPS guidance of $1.68-1.78 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.73. The company issued revenue guidance of $495-505 million, compared to the consensus revenue estimate of $496.92 million.Ellie Mae also updated its Q2 guidance to $0.38-0.43 EPS.
What price target have analysts set for ELLI?
13 brokers have issued 1-year target prices for Ellie Mae's shares. Their forecasts range from $60.00 to $125.00. On average, they expect Ellie Mae's stock price to reach $102.4545 in the next year. This suggests that the stock has a possible downside of 4.9%. View Analyst Ratings for Ellie Mae.
What is the consensus analysts' recommendation for Ellie Mae?
13 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
What are Wall Street analysts saying about Ellie Mae stock?
Here are some recent quotes from research analysts about Ellie Mae stock:
- 1. 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)
- 2. KeyCorp analysts commented, "We remain constructive on ELLI based on a favorable risk-reward (34% upside to $120 PT vs. -10% to $81 bear-case) with EBITDA potential of $6/sh. Key Investment Points The steep decline in refinancing has begun to moderate. New mortgage industry forecasts demonstrate that the material headwinds that Ellie Mae faced in 2H17 have begun to moderate. Refinance volumes declined 49% in 2H17 but have moderated to a decline of 14% in 1Q18. New home purchases are still growing at a 3% clip in 1Q18 vs. 3% in 2H17. The drop-off in refinancing has shifted the market toward new home purchasing that now represents 63% of total industry volumes vs. 49% in 2H16. We argue this industry data suggests that the worst is now behind Ellie Mae. Model volatility is still high. There are three reasons why model volatility remains high ahead of 1Q results. First, ASC 606 restatements and guidance will be given for the first time (#modelreboot)." (4/24/2018)
Who are some of Ellie Mae's key competitors?
Some companies that are related to Ellie Mae include Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Mobileye (MBBYF), Synopsys (SNPS), UBISOFT Entmt S/ADR (UBSFY), SS&C Technologies (SSNC), Symantec (SYMC), Cadence Design Systems (CDNS), Dropbox (DBX), Veeva Systems (VEEV), PTC (PTC), Temenos (TMNSF), Nutanix (NTNX), Tyler Technologies (TYL) and Momo (MOMO).
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 coverage about ELLI stock has trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ellie Mae earned a news sentiment score of 0.06 on Accern's scale. They also gave press coverage about the software maker an impact score of 47.27 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Ellie Mae's major shareholders?
Ellie Mae's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (3.00%), Riverbridge Partners LLC (1.84%), Calamos Advisors LLC (0.76%), Fred Alger Management Inc. (0.73%), Westpac Banking Corp (0.18%) and Summit Creek Advisors LLC (0.15%). 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 institutional investors are selling Ellie Mae stock?
ELLI stock was sold by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Scout Investments Inc., Riverbridge Partners LLC, Summit Creek Advisors LLC and Nisa Investment Advisors LLC. 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 institutional investors are buying Ellie Mae stock?
ELLI stock was purchased by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Westpac Banking Corp, Baillie Gifford & Co. and Amalgamated Bank. 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 $107.68.
How big of a company is Ellie Mae?
Ellie Mae has a market capitalization of $3.70 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.
