NYSE:ELVT - Elevate Credit Stock Price, Price Target & More

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$10.40 +0.38 (+3.79 %)
(As of 07/16/2018 04:59 AM ET)
Previous Close$10.40
Today's Range$9.90 - $10.52
52-Week Range$5.90 - $11.27
Volume401,294 shs
Average Volume261,438 shs
Market Capitalization$435.34 million
P/E Ratio65.00
Dividend YieldN/A
Beta0.65
Elevate Credit logoElevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States and the United Kingdom. The company offers unsecured online installment loans and lines of credit. Its products include Rise installment loan and line of credit products; Elastic, a line of credit product; and Sunny installment loan products. Elevate Credit, Inc. was incorporated in 2014 and is headquartered in Fort Worth, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
SymbolNYSE:ELVT
CUSIPN/A
Phone817-928-1500

Debt

Debt-to-Equity RatioN/A
Current Ratio1.07
Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio65.00
Forward P/E Ratio13.33
P/E GrowthN/A

Sales & Book Value

Annual Sales$673.13 million
Price / Sales0.65
Cash Flow$0.6054 per share
Price / Cash17.18
Book Value$2.30 per share
Price / Book4.52

Profitability

EPS (Most Recent Fiscal Year)$0.16
Net Income$-6,910,000.00
Net Margins0.13%
Return on Equity12.91%
Return on Assets2.02%

Miscellaneous

Employees615
Outstanding Shares41,860,000
Market Cap$435.34

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Elevate Credit (NYSE:ELVT) Frequently Asked Questions

What is Elevate Credit's stock symbol?

Elevate Credit trades on the New York Stock Exchange (NYSE) under the ticker symbol "ELVT."

How were Elevate Credit's earnings last quarter?

Elevate Credit Inc (NYSE:ELVT) released its quarterly earnings data on Monday, April, 30th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.13 by $0.09. The company had revenue of $193.50 million for the quarter, compared to analysts' expectations of $189.40 million. Elevate Credit had a return on equity of 12.91% and a net margin of 0.13%. Elevate Credit's revenue was up 23.7% compared to the same quarter last year. During the same period last year, the firm posted $0.06 earnings per share. View Elevate Credit's Earnings History.

When is Elevate Credit's next earnings date?

Elevate Credit is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Elevate Credit.

What guidance has Elevate Credit issued on next quarter's earnings?

Elevate Credit updated its FY18 earnings guidance on Monday, April, 30th. The company provided EPS guidance of $0.50-1.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.73. The company issued revenue guidance of $780-820 million, compared to the consensus revenue estimate of $794.62 million.

What price target have analysts set for ELVT?

6 Wall Street analysts have issued 12 month target prices for Elevate Credit's stock. Their predictions range from $8.50 to $13.00. On average, they expect Elevate Credit's share price to reach $11.00 in the next year. This suggests a possible upside of 5.8% from the stock's current price. View Analyst Ratings for Elevate Credit.

What is the consensus analysts' recommendation for Elevate Credit?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elevate Credit in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Elevate Credit's key competitors?

Who are Elevate Credit's key executives?

Elevate Credit's management team includes the folowing people:
  • Mr. Kenneth Earl Rees, Chairman & CEO (Age 55)
  • Mr. Christopher T. Lutes CPA, CPA, Chief Financial Officer (Age 50)
  • Mr. Jason Harvison, COO, Treasurer & Company Sec. (Age 42)
  • Mr. Chad Bradford, Chief Accounting Officer and Sr. VP of Fin. (Age 47)
  • Ms. Joan C. Kuehl, Chief Information Officer (Age 61)

When did Elevate Credit IPO?

(ELVT) raised $100 million in an IPO on Thursday, April 6th 2017. The company issued 7,700,000 shares at $12.00-$14.00 per share. UBS Securities, Credit Suisse and Jefferies acted as the underwriters for the IPO and Stifel and William Blair were co-managers.

Has Elevate Credit been receiving favorable news coverage?

News stories about ELVT stock have trended somewhat positive on Monday, according to Accern Sentiment. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Elevate Credit earned a media sentiment score of 0.10 on Accern's scale. They also assigned news stories about the company an impact score of 43.26 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Elevate Credit's major shareholders?

Elevate Credit's stock is owned by a number of of institutional and retail investors. Top institutional investors include VICTORY PARK CAPITAL ADVISORS, LLC (5.80%) and Osborn Williams & Donohoe LLC (0.50%). Company insiders that own Elevate Credit stock include Christopher Lutes, Crossover Managemen Technology, Henry W Ramsey, Jason Harvison, John C Dean and Tyler W K Head. View Institutional Ownership Trends for Elevate Credit.

Which major investors are buying Elevate Credit stock?

ELVT stock was purchased by a variety of institutional investors in the last quarter, including Osborn Williams & Donohoe LLC. Company insiders that have bought Elevate Credit stock in the last two years include Christopher Lutes, Crossover Managemen Technology, Henry W Ramsey, Jason Harvison and Tyler W K Head. View Insider Buying and Selling for Elevate Credit.

How do I buy shares of Elevate Credit?

Shares of ELVT 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 Elevate Credit's stock price today?

One share of ELVT stock can currently be purchased for approximately $10.40.

How big of a company is Elevate Credit?

Elevate Credit has a market capitalization of $435.34 million and generates $673.13 million in revenue each year. The company earns $-6,910,000.00 in net income (profit) each year or $0.16 on an earnings per share basis. Elevate Credit employs 615 workers across the globe.

How can I contact Elevate Credit?

Elevate Credit's mailing address is 4150 INTERNATIONAL PLAZA SUITE 300, FORT WORTH TX, 76109. The company can be reached via phone at 817-928-1500 or via email at [email protected]


MarketBeat Community Rating for Elevate Credit (NYSE ELVT)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  145 (Vote Outperform)
Underperform Votes:  138 (Vote Underperform)
Total Votes:  283
MarketBeat's community ratings are surveys of what our community members think about Elevate Credit and other stocks. Vote "Outperform" if you believe ELVT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ELVT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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