Elevate Credit Stock Price, News & Analysis (NYSE:ELVT)

$7.66 0.30 (4.08 %)
(As of 12/17/2017 10:32 AM ET)
Previous Close$7.66
Today's Range$7.40 - $7.77
52-Week Range$5.90 - $9.48
Volume569,189 shs
Average Volume209,522 shs
Market Capitalization$320.65 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Elevate Credit (NYSE:ELVT)

Elevate Credit logoElevate Credit, Inc. provides online credit solutions to non-prime consumers, typically defined as those with credit scores of less than 700. The Company uses advanced technology risk analytics to provide financial options to its customers, who are not well-served by either banks or legacy non-prime lenders. It offers online installment loans and lines of credit in the United States, and the United Kingdom. Its products, Rise, Elastic and Sunny, provide customers with access to priced credit and services while helping them with credit building and financial wellness features. Its products include credit building and financial wellness programs, such as credit reporting, free credit monitoring (in the United States) and online financial literacy videos and tools. Rise is an installment loan product. As of March 31, 2016, Rise was available in 15 states in the United States. Sunny is the Company's United Kingdom installment loan product.

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Industry, Sector and Symbol

Industry Professional Information Services
Sub-IndustryN/A
SectorFinance
SymbolNYSE:ELVT
CUSIPN/A
Phone817-928-1500

Debt

Debt-to-Equity RatioN/A
Current Ratio1.06%
Quick Ratio1.06%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$580.44 million
Price / Sales0.55
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net Income$-22,370,000.00
Net Margins0.13%
Return on Equity1.40%
Return on Assets0.14%

Miscellaneous

Employees540
Outstanding Shares41,860,000

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) issued its quarterly earnings data on Monday, October, 30th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.02. The company earned $172.80 million during the quarter, compared to analysts' expectations of $175 million. Elevate Credit had a return on equity of 1.40% and a net margin of 0.13%. The business's revenue was up 12.3% on a year-over-year basis. During the same period last year, the business earned ($1.25) earnings per share. View Elevate Credit's Earnings History.

Where is Elevate Credit's stock going? Where will Elevate Credit's stock price be in 2017?

9 brokerages have issued 1-year target prices for Elevate Credit's shares. Their forecasts range from $8.50 to $12.00. On average, they anticipate Elevate Credit's share price to reach $10.50 in the next twelve months. View Analyst Ratings for Elevate Credit.

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:

  • Kenneth E. Rees, Chairman of the Board, Chief Executive Officer (Age 54)
  • Christopher T. Lutes, Chief Financial Officer (Age 49)
  • Jason Harvison, Chief Operating Officer, Director (Age 40)
  • Sharon Clarey, Chief Human Resource Officer (Age 56)
  • Kathy Boden Holland, Executive Vice President - Bank Products (Age 50)
  • Chad Bradford, Chief Accounting Officer (Age 45)
  • Joan C. Kuehl, Chief Information Officer (Age 60)
  • Greg Hall, Chief Marketing Officer (Age 47)
  • Sarah Fagin Cutrona, Chief Counsel (Age 56)
  • Scott Greever, Managing Director - UK (Age 48)

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.

Who owns Elevate Credit stock?

Elevate Credit's stock is owned by many different of retail and institutional investors. Top institutional shareholders include GSA Capital Partners LLP (0.29%), Citadel Advisors LLC (0.19%), Cornerstone Capital Management Holdings LLC. (0.09%), Phoenix Investment Adviser LLC (0.06%) and Dynamic Technology Lab Private Ltd (0.05%). Company insiders that own Elevate Credit stock include Christopher Lutes, Crossover Managemen Technology, Henry W Ramsey, Jason Harvison and Tyler W K Head. View Institutional Ownership Trends for Elevate Credit.

Who bought Elevate Credit stock? Who is buying Elevate Credit stock?

Elevate Credit's stock was purchased by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Citadel Advisors LLC, Cornerstone Capital Management Holdings LLC., Phoenix Investment Adviser LLC and Dynamic Technology Lab Private Ltd. 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 Elevate Credit stock?

Shares of Elevate Credit 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 Elevate Credit stock can currently be purchased for approximately $7.66.

How big of a company is Elevate Credit?

Elevate Credit has a market capitalization of $320.65 million and generates $580.44 million in revenue each year. Elevate Credit employs 540 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 (ELVT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  92 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  181
MarketBeat's community ratings are surveys of what our community members think about Elevate Credit and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Elevate Credit (NYSE:ELVT) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.782.752.752.80
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $10.50$10.57$10.64$11.00
Price Target Upside: 45.83% upside47.65% upside64.50% upside37.50% upside

Elevate Credit (NYSE:ELVT) Consensus Price Target History

Price Target History for Elevate Credit (NYSE:ELVT)

Elevate Credit (NYSE:ELVT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/12/2017JMP SecuritiesInitiated CoverageMkt Outperform -> Outperform$10.00MediumView Rating Details
11/16/2017Credit Suisse GroupLower Price TargetOutperform$11.00 -> $10.50N/AView Rating Details
10/31/2017Maxim GroupReiterated RatingBuy$10.00N/AView Rating Details
8/23/2017StephensInitiated CoverageEqual -> Equal Weight$8.50HighView Rating Details
7/6/2017BTIG ResearchInitiated CoverageBuy$12.00MediumView Rating Details
5/2/2017Jefferies GroupInitiated CoverageBuy -> Buy$12.00HighView Rating Details
5/1/2017William BlairInitiated CoverageOutperformHighView Rating Details
5/1/2017Stifel NicolausInitiated CoverageBuy -> Buy$12.00HighView Rating Details
4/18/2017Compass PointReiterated RatingNeutral$9.00MediumView Rating Details
(Data available from 12/17/2015 forward)

Earnings

Elevate Credit (NYSE:ELVT) Earnings History and Estimates Chart

Earnings by Quarter for Elevate Credit (NYSE:ELVT)

Elevate Credit (NYSE ELVT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017Q3 2017($0.01)$0.01$175.00 million$172.80 millionViewN/AView Earnings Details
7/31/2017Q2 2017($0.05)$0.08$157.38 million$150.50 millionViewN/AView Earnings Details
5/8/2017Q1 2017($0.01)$0.06$155.69 million$156.40 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Elevate Credit (NYSE:ELVT) Earnings Estimates

Current Year EPS Consensus Estimate: $0.27 EPS
Next Year EPS Consensus Estimate: $0.96 EPS

Dividends

Dividend History for Elevate Credit (NYSE:ELVT)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Elevate Credit (NYSE ELVT) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 52.07%
Insider Trades by Quarter for Elevate Credit (NYSE:ELVT)
Institutional Ownership by Quarter for Elevate Credit (NYSE:ELVT)

Elevate Credit (NYSE ELVT) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/10/2017Christopher LutesCFOBuy10,000$7.00$70,000.00View SEC Filing  
8/2/2017Henry W RamseyInsiderBuy2,000$8.04$16,080.00View SEC Filing  
6/2/2017Henry W RamseyInsiderBuy9,500$7.17$68,115.00View SEC Filing  
6/1/2017Christopher LutesCFOBuy10,000$7.06$70,600.00View SEC Filing  
4/11/2017Christopher LutesCFOBuy40,000$6.50$260,000.00View SEC Filing  
4/11/2017Jason HarvisonCOOBuy3,070$6.50$19,955.00View SEC Filing  
4/11/2017Tyler W K HeadDirectorBuy4,002$6.50$26,013.00View SEC Filing  
4/10/2017Crossover Managemen TechnologyInsiderBuy80,000$6.50$520,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Elevate Credit (NYSE ELVT) News Headlines

Source:
DateHeadline
Elastic Line of Credit Surpasses $1 Billion in Total FundingElastic Line of Credit Surpasses $1 Billion in Total Funding
finance.yahoo.com - December 12 at 9:39 AM
Elevate Credit (ELVT) Receives New Coverage from Analysts at JMP SecuritiesElevate Credit (ELVT) Receives New Coverage from Analysts at JMP Securities
www.americanbankingnews.com - December 12 at 9:04 AM
Elevate Credit (ELVT) versus Its Competitors Head-To-Head ReviewElevate Credit (ELVT) versus Its Competitors Head-To-Head Review
www.americanbankingnews.com - December 10 at 1:30 AM
Financial Literacy Curricula for Non-Prime Consumers Should Focus on Relevant Topics, Attainable GoalsFinancial Literacy Curricula for Non-Prime Consumers Should Focus on Relevant Topics, Attainable Goals
finance.yahoo.com - December 7 at 9:14 AM
ETFs with exposure to Elevate Credit, Inc. : December 5, 2017ETFs with exposure to Elevate Credit, Inc. : December 5, 2017
finance.yahoo.com - December 5 at 5:32 PM
Elevate Credit Inc (ELVT) Receives Consensus Recommendation of "Buy" from AnalystsElevate Credit Inc (ELVT) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - December 3 at 2:20 AM
Head-To-Head Analysis: Elevate Credit (ELVT) & Its PeersHead-To-Head Analysis: Elevate Credit (ELVT) & Its Peers
www.americanbankingnews.com - December 2 at 11:30 PM
Elevate Credit (ELVT) Lifted to "Hold" at Zacks Investment ResearchElevate Credit (ELVT) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - November 30 at 9:42 PM
Elevate Credit, Inc. to Present at KeyBanc Capital Markets Consumer Conference and Jefferies Consumer Finance SummitElevate Credit, Inc. to Present at KeyBanc Capital Markets Consumer Conference and Jefferies Consumer Finance Summit
finance.yahoo.com - November 30 at 5:36 PM
Elevate Credit (ELVT) & Its Rivals Head-To-Head ContrastElevate Credit (ELVT) & Its Rivals Head-To-Head Contrast
www.americanbankingnews.com - November 29 at 9:12 AM
Elevate’s RISE Product Surpasses $300 Million in Outstanding LoansElevate’s RISE Product Surpasses $300 Million in Outstanding Loans
finance.yahoo.com - November 29 at 9:11 AM
Elevate’s Center for the New Middle Class Launches Industry Research RepositoryElevate’s Center for the New Middle Class Launches Industry Research Repository
finance.yahoo.com - November 20 at 7:04 PM
Credit Suisse Group Trims Elevate Credit, Inc. (ELVT) Target Price to $10.50Credit Suisse Group Trims Elevate Credit, Inc. (ELVT) Target Price to $10.50
www.americanbankingnews.com - November 16 at 6:50 PM
Want to Keep From Overspending This Holiday Season? You Might Avoid Clipping Coupons, Chasing Sales and Paying with PlasticWant to Keep From Overspending This Holiday Season? You Might Avoid Clipping Coupons, Chasing Sales and Paying with Plastic
finance.yahoo.com - November 14 at 6:41 PM
Head-To-Head Analysis: Elevate Credit (ELVT) and Its CompetitorsHead-To-Head Analysis: Elevate Credit (ELVT) and Its Competitors
www.americanbankingnews.com - November 11 at 11:18 AM
Elevate Credit, Inc. (ELVT) Receives Consensus Rating of "Hold" from BrokeragesElevate Credit, Inc. (ELVT) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - November 8 at 2:06 AM
Elevate Credit, Inc. (ELVT) Cut to Sell at Zacks Investment ResearchElevate Credit, Inc. (ELVT) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - November 2 at 12:20 AM
Ken Rees, CEO of Elevate, to Speak at Dallas Techweek ConferenceKen Rees, CEO of Elevate, to Speak at Dallas Techweek Conference
finance.yahoo.com - November 1 at 7:18 PM
ELEVATE CREDIT, INC. (ELVT) Tops Q3 EPS by 1c, Miss on RevenuesELEVATE CREDIT, INC. (ELVT) Tops Q3 EPS by 1c, Miss on Revenues
www.streetinsider.com - November 1 at 5:30 AM
Maxim Group Reiterates "Buy" Rating for Elevate Credit, Inc. (ELVT)Maxim Group Reiterates "Buy" Rating for Elevate Credit, Inc. (ELVT)
www.americanbankingnews.com - November 1 at 12:34 AM
Elevate Credit, Inc. (ELVT) Issues Quarterly  Earnings ResultsElevate Credit, Inc. (ELVT) Issues Quarterly Earnings Results
www.americanbankingnews.com - October 31 at 11:58 AM
A lender targeting the New Middle Class is working to hand out higher credit limits to struggling Americans (ELVT)A lender targeting the 'New Middle Class' is working to hand out higher credit limits to struggling Americans (ELVT)
www.msn.com - October 30 at 7:02 PM
Elevate Credit, Inc. to Host Earnings CallElevate Credit, Inc. to Host Earnings Call
finance.yahoo.com - October 30 at 7:02 PM
Elevate Credit Third Quarter 2017 Earnings Release Available on Its Investor Relations WebsiteElevate Credit Third Quarter 2017 Earnings Release Available on Its Investor Relations Website
finance.yahoo.com - October 30 at 7:02 PM
Ken Rees, CEO of Elevate, to Speak at Money 20/20 ConferenceKen Rees, CEO of Elevate, to Speak at Money 20/20 Conference
finance.yahoo.com - October 18 at 7:38 PM
Comparing Elevate Credit (ELVT) & Morningstar (MORN)Comparing Elevate Credit (ELVT) & Morningstar (MORN)
www.americanbankingnews.com - October 15 at 4:28 AM
Head-To-Head Comparison: RELX N.V. (RENX) vs. Elevate Credit (ELVT)Head-To-Head Comparison: RELX N.V. (RENX) vs. Elevate Credit (ELVT)
www.americanbankingnews.com - October 14 at 8:14 AM
Elevate Credit, Inc. (ELVT) Given Consensus Recommendation of "Buy" by BrokeragesElevate Credit, Inc. (ELVT) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - October 14 at 2:58 AM
Elevate’s RISE Product Enters a 17th State – Tennessee – with Lines of CreditElevate’s RISE Product Enters a 17th State – Tennessee – with Lines of Credit
finance.yahoo.com - October 11 at 7:48 PM
Ken Rees, CEO of Elevate, to Keynote at LEND360 ConferenceKen Rees, CEO of Elevate, to Keynote at LEND360 Conference
finance.yahoo.com - October 10 at 4:00 PM
Elevate Credit, Inc. (ELVT) Upgraded to Sell at BidaskClubElevate Credit, Inc. (ELVT) Upgraded to Sell at BidaskClub
www.americanbankingnews.com - October 7 at 10:44 AM
Elevate Credit (ELVT) & Relx N.V. (RENX) Head to Head SurveyElevate Credit (ELVT) & Relx N.V. (RENX) Head to Head Survey
www.americanbankingnews.com - October 6 at 10:34 PM
Elevate Expresses Full Support for CFPB Small Dollar Lending RuleElevate Expresses Full Support for CFPB Small Dollar Lending Rule
finance.yahoo.com - October 5 at 5:25 PM
Elevate to Release Third Quarter 2017 Earnings on Monday, October 30, 2017Elevate to Release Third Quarter 2017 Earnings on Monday, October 30, 2017
finance.yahoo.com - October 4 at 10:17 AM
Elevate Customers Save More Than $2 Billion Thanks to Advanced Tech-Enabled UnderwritingElevate Customers Save More Than $2 Billion Thanks to Advanced Tech-Enabled Underwriting
finance.yahoo.com - October 3 at 11:20 AM
Comparing RELX PLC (RELX) & Elevate Credit (ELVT)Comparing RELX PLC (RELX) & Elevate Credit (ELVT)
www.americanbankingnews.com - September 24 at 8:42 AM
Non-Prime Gen-Xers Lack Financial Stability According to New Research by Elevate’s Center for the New Middle ClassNon-Prime Gen-Xers Lack Financial Stability According to New Research by Elevate’s Center for the New Middle Class
finance.yahoo.com - September 21 at 8:58 AM
Elevate Credit (ELVT) vs. IHS (IHS) Financial ContrastElevate Credit (ELVT) vs. IHS (IHS) Financial Contrast
www.americanbankingnews.com - September 20 at 2:08 AM
Elevate Credit, Inc. (ELVT) Receives Consensus Rating of "Buy" from AnalystsElevate Credit, Inc. (ELVT) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - September 19 at 2:58 AM
Elevate Credit (ELVT) vs. TransUnion (TRU) Critical AnalysisElevate Credit (ELVT) vs. TransUnion (TRU) Critical Analysis
www.americanbankingnews.com - September 9 at 8:12 PM
Elevate Credit, Inc. (ELVT) Short Interest Up 55.7% in AugustElevate Credit, Inc. (ELVT) Short Interest Up 55.7% in August
www.americanbankingnews.com - August 31 at 1:46 AM
Non-Prime Boomers Struggle Financially, but Less So Than Other GenerationsNon-Prime Boomers Struggle Financially, but Less So Than Other Generations
finance.yahoo.com - August 29 at 6:42 PM
Comparing IHS (IHS) and Elevate Credit (ELVT)Comparing IHS (IHS) and Elevate Credit (ELVT)
www.americanbankingnews.com - August 25 at 10:06 PM
Elevate Credit, Inc. (ELVT) Given Average Recommendation of "Buy" by AnalystsElevate Credit, Inc. (ELVT) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 25 at 2:38 AM
Equifax (EFX) and Elevate Credit (ELVT) Head to Head AnalysisEquifax (EFX) and Elevate Credit (ELVT) Head to Head Analysis
www.americanbankingnews.com - August 24 at 1:18 PM
BTIG spots buying opportunity in Elevate CreditBTIG spots buying opportunity in Elevate Credit
seekingalpha.com - August 23 at 10:34 PM
Head-To-Head Comparison: Broadridge Financial Solutions (BR) versus Elevate Credit (ELVT)Head-To-Head Comparison: Broadridge Financial Solutions (BR) versus Elevate Credit (ELVT)
www.americanbankingnews.com - August 18 at 4:22 PM
Elevate to Give Away 100 Bikes to Celebrate Its Pro Cycling Team’s SuccessesElevate to Give Away 100 Bikes to Celebrate Its Pro Cycling Team’s Successes
finance.yahoo.com - August 17 at 7:31 PM
Elevate’s UK Loan Product Sunny Named 2017 ‘Treating Customers Fairly Champion’Elevate’s UK Loan Product Sunny Named 2017 ‘Treating Customers Fairly Champion’
finance.yahoo.com - August 16 at 3:46 PM
Technology Crossover Management V Llc Buys Elevate Credit IncTechnology Crossover Management V Llc Buys Elevate Credit Inc
finance.yahoo.com - August 14 at 6:37 PM

SEC Filings

Elevate Credit (NYSE:ELVT) SEC Filings

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Social Media

Financials

Elevate Credit (NYSE:ELVT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Elevate Credit (NYSE ELVT) Stock Chart for Sunday, December, 17, 2017

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This page was last updated on 12/17/2017 by MarketBeat.com Staff

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