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TSLA   1,615.00 (+3.87%)
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QQQ   272.87 (+0.37%)
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NYSE:ELVTElevate Credit Stock Price, Forecast & News

$2.84
-0.01 (-0.35 %)
(As of 08/13/2020 09:30 AM ET)
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Today's Range
$2.72
Now: $2.84
$3.02
50-Day Range
$1.48
MA: $1.88
$2.85
52-Week Range
$0.89
Now: $2.84
$5.98
Volume757,300 shs
Average Volume428,203 shs
Market Capitalization$120.99 million
P/E Ratio7.28
Dividend YieldN/A
Beta3.35
Elevate 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, lines of credit, and credit cards. Its products include Rise installment loan and line of credit products; Elastic, a line of credit product; Sunny, an installment loan product; and Today Card, a credit card product. The company was incorporated in 2014 and is headquartered in Fort Worth, Texas.
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Elevate Credit logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.06 out of 5 stars


Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone817-928-1500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$746.96 million
Cash Flow$1.41 per share
Book Value$3.54 per share

Profitability

Net Income$32.18 million

Miscellaneous

Employees685
Market Cap$120.99 million
Next Earnings Date11/2/2020 (Estimated)
OptionableNot Optionable
$2.84
-0.01 (-0.35 %)
(As of 08/13/2020 09:30 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Elevate Credit (NYSE:ELVT) Frequently Asked Questions

How has Elevate Credit's stock price been impacted by Coronavirus (COVID-19)?

Elevate Credit's stock was trading at $2.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ELVT shares have increased by 11.4% and is now trading at $2.84.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Elevate Credit?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elevate Credit in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Elevate Credit
.

When is Elevate Credit's next earnings date?

Elevate Credit is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Elevate Credit
.

How were Elevate Credit's earnings last quarter?

Elevate Credit Inc (NYSE:ELVT) released its quarterly earnings data on Wednesday, May, 6th. The company reported $0.17 EPS for the quarter, hitting analysts' consensus estimates of $0.17. The business had revenue of $177.46 million for the quarter, compared to the consensus estimate of $186.29 million. Elevate Credit had a net margin of 2.47% and a return on equity of 25.18%.
View Elevate Credit's earnings history
.

What price target have analysts set for ELVT?

5 brokerages have issued twelve-month price targets for Elevate Credit's stock. Their forecasts range from $2.00 to $4.00. On average, they anticipate Elevate Credit's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price.
View analysts' price targets for Elevate Credit
.

Has Elevate Credit been receiving favorable news coverage?

Media headlines about ELVT stock have trended extremely negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Elevate Credit earned a daily sentiment score of -4.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.
View the latest news about Elevate Credit
.

Are investors shorting Elevate Credit?

Elevate Credit saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 774,500 shares, an increase of 42.8% from the January 31st total of 542,200 shares. Based on an average daily trading volume, of 207,700 shares, the days-to-cover ratio is presently 3.7 days. Currently, 3.4% of the company's shares are short sold.
View Elevate Credit's Short Interest
.

Who are some of Elevate Credit's key competitors?

What other stocks do shareholders of Elevate Credit own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Elevate Credit investors own include Allena Pharmaceuticals (ALNA), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Tesla (TSLA), Veru (VERU), Digital Turbine (APPS), Alibaba Group (BABA), DexCom (DXCM), Earthstone Energy (ESTE) and Fortinet (FTNT).

Who are Elevate Credit's key executives?

Elevate Credit's management team includes the following people:
  • Mr. Kenneth Earl Rees, Chairman & CEO (Age 56)
  • Mr. Christopher T. Lutes CPA, CPA, Chief Financial Officer (Age 51)
  • Mr. Jason Harvison, COO, Treasurer & Company Sec. (Age 43)
  • Mr. Chad Bradford, Chief Accounting Officer & Sr. VP of Fin. (Age 48)
  • Ms. Joan C. Kuehl, Chief Information Officer (Age 62)

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 a price of $12.00-$14.00 per share. UBS Securities, Credit Suisse and Jefferies served as the underwriters for the IPO and Stifel and William Blair were co-managers.

What is Elevate Credit's stock symbol?

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

Who are Elevate Credit's major shareholders?

Elevate Credit's stock is owned by many different retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (1.45%), WINTON GROUP Ltd (0.44%), Russell Investments Group Ltd. (0.28%), Bank of New York Mellon Corp (0.26%), Goldman Sachs Group Inc. (0.24%) and Prescott Group Capital Management L.L.C. (0.21%). Company insiders that own Elevate Credit stock include Bradley R Strock, David Curry Peterson, Jason Harvison, John C Dean, Kenneth E Rees, Scff Management Llc, Scgf Iii Management Llc, Sequoia Capital Growth Fund Ii, Stephen J Shaper and Tyler W K Head.
View institutional ownership trends for Elevate Credit
.

Which major investors are selling Elevate Credit stock?

ELVT stock was sold by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C., and Bank of New York Mellon Corp. Company insiders that have sold Elevate Credit company stock in the last year include David Curry Peterson, Jason Harvison, Kenneth E Rees, Scff Management Llc, and Scgf Iii Management Llc.
View insider buying and selling activity 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 Raymond James Financial Services Advisors Inc., WINTON GROUP Ltd, Russell Investments Group Ltd., Goldman Sachs Group Inc., Assenagon Asset Management S.A., and Algert Global LLC. Company insiders that have bought Elevate Credit stock in the last two years include Bradley R Strock, John C Dean, and Stephen J Shaper.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Elevate Credit's stock price today?

One share of ELVT stock can currently be purchased for approximately $2.84.

How big of a company is Elevate Credit?

Elevate Credit has a market capitalization of $120.99 million and generates $746.96 million in revenue each year. The company earns $32.18 million in net income (profit) each year or $0.73 on an earnings per share basis. Elevate Credit employs 685 workers across the globe.

What is Elevate Credit's official website?

The official website for Elevate Credit is www.elevate.com.

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]

This page was last updated on 8/13/2020 by MarketBeat.com Staff

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