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

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

Elevate Credit (NYSE:ELVT) posted its quarterly earnings data on Monday, April, 30th. The company reported $0.22 EPS for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.09. The business earned $193.50 million during 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%. The business's revenue was up 23.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.06 earnings per share. View Elevate Credit's Earnings History.

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

6 equities research analysts have issued 12-month target prices for Elevate Credit's stock. Their predictions range from $8.50 to $12.00. On average, they expect Elevate Credit's stock price to reach $10.00 in the next twelve months. View Analyst Ratings for Elevate Credit.

Some companies that are related to Elevate Credit include CURO Group (CURO), Hexindai (HX), Everi (EVRI), OnDeck Capital (ONDK), America First Tax Exempt Investors (ATAX), WMIH (WMIH), China Rapid Finance (XRF), Senmiao Technology (AIHS), Medallion Financial (MFIN), Golden Bull (DNJR), Security National Financial (SNFCA), Consumer Portfolio Services (CPSS), Harvest Capital Credit (HCAP) and LM Funding America (LMFA).

(ELVT) raised $100 million in an initial public offering (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 served as the underwriters for the IPO and Stifel and William Blair were co-managers.

Media stories about ELVT stock have been trending somewhat positive on Sunday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Elevate Credit earned a coverage optimism score of 0.06 on Accern's scale. They also gave media headlines about the company an impact score of 44.99 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Elevate Credit's stock is owned by many different of institutional and retail investors. Top institutional shareholders include VICTORY PARK CAPITAL ADVISORS, LLC (5.80%), Hawk Ridge Capital Management LP (4.40%), BlackRock Inc. (1.98%), Prescott Group Capital Management L.L.C. (1.25%), Cambridge Investment Research Advisors Inc. (0.25%) and GSA Capital Partners LLP (0.20%). 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.

ELVT stock was sold by a variety of institutional investors in the last quarter, including Phoenix Investment Adviser LLC and Barclays PLC. Company insiders that have sold Elevate Credit company stock in the last year include Jason Harvison and John C Dean. View Insider Buying and Selling for Elevate Credit.

ELVT stock was purchased by a variety of institutional investors in the last quarter, including Hawk Ridge Capital Management LP, Prescott Group Capital Management L.L.C., Cambridge Investment Research Advisors Inc., Spark Investment Management LLC, BlackRock Inc., Mackay Shields LLC, GSA Capital Partners LLP and Brighton Jones 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.

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 $8.42.

Elevate Credit has a market capitalization of $352.46 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.

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]