NYSE:ELVT Elevate Credit Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Elevate Credit Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.59 +0.02 (+0.78 %) (As of 10/1/2020 11:56 AM ET) Add Compare Share Today's Range$2.56Now: $2.59▼$2.6350-Day Range$1.97MA: $2.30▼$2.8452-Week Range$0.89Now: $2.59▼$5.98Volume9,191 shsAverage Volume405,618 shsMarket Capitalization$105.64 millionP/E Ratio6.64Dividend YieldN/ABeta3.23 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.0 Analyst's Opinion Consensus RatingElevate Credit has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.00, Elevate Credit has a forecasted upside of 15.4% from its current price of $2.60.Amount of Analyst CoverageElevate Credit has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesElevate Credit has received 216 “outperform” votes. (Add your “outperform” vote.)Underperform VotesElevate Credit has received 240 “underperform” votes. (Add your “underperform” vote.)Community SentimentElevate Credit has received 52.63% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Elevate Credit and other stocks. Vote “Outperform” if you believe ELVT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ELVT will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldElevate Credit does not currently pay a dividend.Dividend GrowthElevate Credit does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Elevate Credit insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 18.00% of the stock of Elevate Credit is held by insiders.Percentage Held by InstitutionsOnly 30.46% of the stock of Elevate Credit is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Elevate Credit are expected to decrease by -61.54% in the coming year, from $0.78 to $0.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Elevate Credit is 6.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Elevate Credit is 6.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.37.Price to Book Value per Share RatioElevate Credit has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.0Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.26 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Nondepository credit institutions Sub-IndustryN/A SectorFinance Current SymbolNYSE:ELVT Previous Symbol CUSIPN/A CIK1651094 Webwww.elevate.com Phone817-928-1500Debt Debt-to-Equity Ratio0.08 Current Ratio1.20 Quick Ratio1.20Price-To-Earnings Trailing P/E Ratio6.64 Forward P/E Ratio3.32 P/E GrowthN/A Sales & Book Value Annual Sales$746.96 million Price / Sales0.14 Cash Flow$1.42 per share Price / Cash Flow1.82 Book Value$3.54 per share Price / Book0.73Profitability EPS (Most Recent Fiscal Year)$0.73 Net Income$32.18 million Net Margins2.47% Return on Equity24.93% Return on Assets5.18%Miscellaneous Employees685 Outstanding Shares40,789,000Market Cap$105.64 million Next Earnings Date11/2/2020 (Estimated) OptionableNot Optionable $2.59 +0.02 (+0.78 %) (As of 10/1/2020 11:56 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ELVT News and Ratings via Email Sign-up to receive the latest news and ratings for ELVT and its competitors with MarketBeat's FREE daily newsletter. Elevate Credit (NYSE:ELVT) Frequently Asked Questions How has Elevate Credit's stock 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 stock has increased by 1.6% and is now trading at $2.59. 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) posted its quarterly earnings results on Thursday, August, 6th. The company reported $0.40 EPS for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.18. The business earned $117.99 million during the quarter, compared to analysts' expectations of $164.38 million. Elevate Credit had a return on equity of 24.93% and a net margin of 2.47%. View Elevate Credit's earnings history. What price target have analysts set for ELVT? 5 brokerages have issued 1-year target prices for Elevate Credit's shares. Their forecasts range from $2.00 to $4.00. On average, they expect Elevate Credit's stock price to reach $3.00 in the next year. This suggests a possible upside of 15.8% from the stock's current price. View analysts' price targets for Elevate Credit. Are investors shorting Elevate Credit? Elevate Credit saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 353,500 shares, an increase of 31.6% from the August 31st total of 268,600 shares. Based on an average trading volume of 438,400 shares, the short-interest ratio is presently 0.8 days. Approximately 1.8% of the company's stock are sold short. View Elevate Credit's Short Interest. Who are some of Elevate Credit's key competitors? Some companies that are related to Elevate Credit include Wins Finance (WINS), Qudian (QD), Oportun Financial (OPRT), Curo Group (CURO), Yirendai (YRD), America First Multifamily Investors (ATAX), CNFinance (CNF), Jiayin Group (JFIN), 9F (JFU), Security National Financial (SNFCA), Velocity Financial (VEL), On Deck Capital (ONDK), X Financial (XYF), Consumer Portfolio Services (CPSS) and Fincera (YUANF). View all 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 Digital Turbine (APPS), Tesla (TSLA), Allena Pharmaceuticals (ALNA), Surgery Partners (SGRY), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Maxar Technologies (MAXR), Matinas BioPharma (MTNB), Veru (VERU) and Ardelyx (ARDX). 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 initial public offering (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." 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 $2.59. How big of a company is Elevate Credit? Elevate Credit has a market capitalization of $105.64 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 10/1/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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