NYSE:ELVT - Elevate Credit Stock Price, News, & Analysis

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

Elevate Credit Inc (NYSE:ELVT) announced its quarterly earnings data on Monday, February, 11th. The company reported $0.09 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.09. The company earned $207.29 million during the quarter, compared to analysts' expectations of $212.42 million. Elevate Credit had a return on equity of 15.53% and a net margin of 1.59%. View Elevate Credit's Earnings History.

Elevate Credit is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Elevate Credit.

Elevate Credit issued an update on its FY 2019 earnings guidance on Monday, February, 11th. The company provided earnings per share guidance of $0.55-0.65 for the period, compared to the Thomson Reuters consensus estimate of $0.69. The company issued revenue guidance of $811-834 million, compared to the consensus revenue estimate of $882.35 million.

8 equities research analysts have issued 12 month price targets for Elevate Credit's stock. Their predictions range from $4.66 to $12.50. On average, they expect Elevate Credit's stock price to reach $7.1657 in the next year. This suggests a possible upside of 58.8% from the stock's current price. View Analyst Price Targets for Elevate Credit.

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

Media headlines about ELVT stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Elevate Credit earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave headlines about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the next few days.

Some companies that are related to Elevate Credit include Yirendai (YRD), Curo Group (CURO), Wins Finance (WINS), On Deck Capital (ONDK), America First Multifamily Investors (ATAX), CNFinance (CNF), Easterly Acquisition (EACQ), Medallion Financial (MFIN), Golden Bull (DNJR), Hexindai (HX), Senmiao Technology (AIHS), Consumer Portfolio Services (CPSS), Security National Financial (SNFCA), China Rapid Finance (XRF) and Harvest Capital Credit (HCAP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Elevate Credit investors own include Micron Technology (MU), Aqua Metals (AQMS), Allena Pharmaceuticals (ALNA), Enova International (ENVA), DDR (DDR), Corbus Pharmaceuticals (CRBP), Abraxas Petroleum (AXAS), Funko (FNKO), Genocea Biosciences (GNCA) and Adesto Technologies (IOTS).

(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.

Elevate Credit's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Prescott Group Capital Management L.L.C. (4.17%), Nantahala Capital Management LLC (3.66%), BlackRock Inc. (2.87%), 683 Capital Management LLC (2.42%), Osborn Williams & Donohoe LLC (0.86%) and Mackenzie Financial Corp (0.48%). Company insiders that own Elevate Credit stock include Bradley R Strock, Christopher Lutes, Crossover Managemen Technology, Henry W Ramsey, Jason Harvison, John C Dean, Stephen J Shaper and Tyler W K Head. View Institutional Ownership Trends for Elevate Credit.

ELVT stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, BlackRock Inc., Mackay Shields LLC, Mackenzie Financial Corp, Dimensional Fund Advisors LP and Dimensional Fund Advisors LP. Company insiders that have sold Elevate Credit company stock in the last year include Jason Harvison, John C Dean and Tyler W K Head. View Insider Buying and Selling for Elevate Credit.

ELVT stock was acquired by a variety of institutional investors in the last quarter, including Nantahala Capital Management LLC, 683 Capital Management LLC, Prescott Group Capital Management L.L.C., Osborn Williams & Donohoe LLC, D. E. Shaw & Co. Inc., Bank of New York Mellon Corp, Stone Ridge Asset Management LLC and Bank of America Corp DE. Company insiders that have bought Elevate Credit stock in the last two years include Bradley R Strock, Christopher Lutes, Crossover Managemen Technology, Henry W Ramsey, Jason Harvison, John C Dean, Stephen J Shaper and Tyler W K Head. View Insider Buying and Selling for 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.

One share of ELVT stock can currently be purchased for approximately $4.5126.

Elevate Credit has a market capitalization of $195.67 million and generates $786.68 million in revenue each year. The company earns $12.51 million in net income (profit) each year or $0.39 on an earnings per share basis. Elevate Credit employs 685 workers across the globe.

The official website for Elevate Credit is http://www.elevate.com.

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]