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
Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
Phone925-227-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$417.04 million
Profitability
Miscellaneous
Employees1,480
OptionableOptionable
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, October, 25th. The software maker reported $0.43 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.10. The software maker earned $122.97 million during the quarter, compared to analysts' expectations of $128.22 million. Ellie Mae had a return on equity of 4.78% and a net margin of 7.11%. 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 updated its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $1.84-1.88 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.87. The company issued revenue guidance of $477-480 million, compared to the consensus revenue estimate of $498.94 million.Ellie Mae also updated its Q4 2018 guidance to $0.34-0.39 EPS.
What price target have analysts set for ELLI?
15 brokers have issued 12-month target prices for Ellie Mae's stock. Their forecasts range from $53.00 to $135.00. On average, they expect Ellie Mae's stock price to reach $83.2143 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price. View Analyst Price Targets for Ellie Mae.
What is the consensus analysts' recommendation for Ellie Mae?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ellie Mae in the last year. There are currently 5 sell ratings, 5 hold ratings and 5 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. According to Zacks Investment Research, "Ellie Mae is benefiting from continued momentum in its Data Connect and Investor Connect offerings. Its continued focus on core business and Velocify is a positive. Increased adoption of new products and network strength aredriving its per loan revenues. The company added new components to the Encompass Lending Platform, enhancing its strong wholesale and correspondent channel capabilities. The depth in its product portfolio has been the major growth driver in recent times. Estimates have been stable lately ahead of the company’s Q4 earnings release. The company has positive record of earnings surprises in recent quarters. However, Ellie Mae's serviceable industry, being concentrated to the financial mortgage industry is a major headwind for the company, especially, when the mortgage origination environment is facing hurdles such as low housing inventory and rising interest rates. Shares have underperformed the industry in the past year." (1/16/2019)
- 2. 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)
Has Ellie Mae been receiving favorable news coverage?
News coverage about ELLI stock has trended positive on Saturday, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ellie Mae earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave news headlines about the software maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.
Who are some of Ellie Mae's key competitors?
Some companies that are related to Ellie Mae include Dropbox (DBX), Nutanix (NTNX), Micro Focus International (MFGP), The Ultimate Software Group (ULTI), Trend Micro (TMICY), Temenos (TMNSF), Okta (OKTA), Paycom Software (PAYC), Black Knight (BKI), Tyler Technologies (TYL), Docusign (DOCU), Guidewire Software (GWRE), Konami (KNMCY), National Instruments (NATI) and HubSpot (HUBS).
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)
- Ms. Cathleen Schreiner Gates, Exec. VP of Sales & Marketing (Age 63)
- Mr. Joseph Tyrrell, Exec. VP of Strategy & Technology (Age 52)
- Mr. Edgar A. Luce, Advisor (Age 67)
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 Riverbridge Partners LLC (1.55%), Gagnon Securities LLC (0.34%), Scout Investments Inc. (0.32%), Summit Creek Advisors LLC (0.23%) and Fox Run Management L.L.C. (0.01%). 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, Marina Levinson, Matthew Lavay, Peter Hirsch, Popi Heron, 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 Riverbridge Partners LLC, Scout Investments Inc. and Summit Creek 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, Matthew Lavay, Peter Hirsch, Popi Heron and Sigmund Anderman. View Insider Buying and Selling for Ellie Mae.
Which major investors are buying Ellie Mae stock?
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 $73.11.
How big of a company is Ellie Mae?
Ellie Mae has a market capitalization of $2.40 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.
What is Ellie Mae's official website?
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.
