NYSE:ELVT - Elevate Credit Stock Price, News, & Analysis

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

Elevate Credit Inc (NYSE:ELVT) released its earnings results on Monday, October, 29th. The company reported ($0.10) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.13 by $0.23. The business had revenue of $201.48 million for the quarter, compared to the consensus estimate of $201.71 million. Elevate Credit had a negative net margin of 0.49% and a positive return on equity of 12.69%. Elevate Credit's revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.01 EPS. View Elevate Credit's Earnings History.

Elevate Credit is scheduled to release their next quarterly earnings announcement on Monday, February 11th 2019. View Earnings Estimates for Elevate Credit.

Elevate Credit will be holding an earnings conference call on Monday, February 11th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774070792.

Elevate Credit updated its FY18 earnings guidance on Monday, October, 29th. The company provided earnings per share guidance of $0.23-0.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.67. The company issued revenue guidance of $790-795 million, compared to the consensus revenue estimate of $802.97 million.

8 Wall Street analysts have issued 12 month target prices for Elevate Credit's stock. Their forecasts range from $5.00 to $13.00. On average, they expect Elevate Credit's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 93.1% from the stock's current price. View Analyst Price Targets for Elevate Credit.

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

News headlines about ELVT stock have been trending positive on Monday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Elevate Credit earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.

Some companies that are related to Elevate Credit include X Financial (XYF), Yirendai (YRD), Weidai (WEI), Curo Group (CURO), On Deck Capital (ONDK), Wins Finance (WINS), Everi (EVRI), CNFinance (CNF), America First Multifamily Investors (ATAX), Easterly Acquisition (EACQ), Hexindai (HX), Medallion Financial (MFIN), Senmiao Technology (AIHS), Golden Bull (DNJR) and Security National Financial (SNFCA).

(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 served as the underwriters for the IPO and Stifel and William Blair were co-managers.

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 $4.66.

Elevate Credit has a market capitalization of $201.30 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.

The official website for Elevate Credit is http://www.elevate.com.

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]