Elevate Credit Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Elevate Credit in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Elevate Credit stock.
View analyst ratings for Elevate Credit or view top-rated stocks.

Wall Street analysts have given Elevate Credit a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Elevate Credit wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Elevate Credit saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 790,400 shares, a drop of 36.8% from the June 15th total of 1,250,000 shares. Based on an average trading volume of 337,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 3.3% of the shares of the stock are short sold.
View Elevate Credit's Short Interest.

Elevate Credit is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Elevate Credit.

Elevate Credit will be holding an earnings conference call on Tuesday, August 3rd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13721164".

Elevate Credit, Inc. (NYSE:ELVT) issued its quarterly earnings data on Sunday, May, 2nd. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.12 by $0.22. The company had revenue of $89.73 million for the quarter, compared to the consensus estimate of $90.62 million. Elevate Credit had a net margin of 9.73% and a trailing twelve-month return on equity of 34.11%.
View Elevate Credit's earnings history.

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 stock has increased by 40.8% and is now trading at $3.59.
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2 brokers have issued 1 year price objectives for Elevate Credit's stock. Their forecasts range from $5.60 to $5.60. On average, they expect Elevate Credit's stock price to reach $5.60 in the next year. This suggests a possible upside of 56.0% from the stock's current price.
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32 employees have rated Elevate Credit CEO Jason Harvison on Glassdoor.com. Jason Harvison has an approval rating of 80% among Elevate Credit's employees.

Some companies that are related to Elevate Credit include Qudian (QD), SOS (SOS), Fusion Acquisition (FUSE), America First Multifamily Investors (ATAX), X Financial (XYF), 9F (JFU), Mogo (MOGO), Yiren Digital (YRD), Spartan Acquisition Corp. II (SPRQ), Sunlight Financial (SUNL), Velocity Financial (VEL), Jiayin Group (JFIN), CNFinance (CNF), Medallion Financial (MFIN) and Bit Digital (BTBT).
View all of ELVT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Elevate Credit investors own include Tesla (TSLA), Allena Pharmaceuticals (ALNA), Digital Turbine (APPS), Alibaba Group (BABA), DexCom (DXCM), Matinas BioPharma (MTNB), Veru (VERU), Zynga (ZNGA), Ardelyx (ARDX) and Alteryx (AYX).

(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.

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

Shares of ELVT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ELVT stock can currently be purchased for approximately $3.59.

Elevate Credit has a market capitalization of $128.35 million and generates $465.35 million in revenue each year. The company earns $20.59 million in net income (profit) each year or $1.31 on an earnings per share basis.

Elevate Credit employs 437 workers across the globe.

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

Elevate Credit is headquartered at 4150 INTERNATIONAL PLAZA SUITE 300, FORT WORTH TX, 76109.

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]