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

$7.49 +0.02 (+0.27 %)
(As of 04/20/2018 04:00 PM ET)
Previous Close$7.47
Today's Range$7.20 - $7.55
52-Week Range$5.90 - $9.48
Volume46,995 shs
Average Volume82,536 shs
Market Capitalization$312.69 million
P/E Ratio46.69
Dividend YieldN/A
BetaN/A

About Elevate Credit (NYSE:ELVT)

Elevate Credit logoElevate 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 and lines of credit. Its products include Rise installment loan and line of credit products; Elastic, a line of credit product; and Sunny installment loan products. Elevate Credit, Inc. was incorporated in 2014 and is headquartered in Fort Worth, Texas.

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Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
SymbolNYSE:ELVT
CUSIPN/A
Phone817-928-1500

Debt

Debt-to-Equity RatioN/A
Current Ratio1.05%
Quick Ratio1.05%

Price-To-Earnings

Trailing P/E Ratio46.69
Forward P/E Ratio10.26
P/E GrowthN/A

Sales & Book Value

Annual Sales$673.13 million
Price / Sales0.47
Cash Flow$0.6070 per share
Price / Cash12.34
Book Value$2.30 per share
Price / Book3.26

Profitability

EPS (Most Recent Fiscal Year)$0.16
Net Income$-6,910,000.00
Net Margins-1.03%
Return on Equity6.84%
Return on Assets0.87%

Miscellaneous

Employees615
Outstanding Shares41,860,000

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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 (NYSE:ELVT) announced its earnings results on Thursday, February, 8th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.15 by $0.14. The business had revenue of $193.44 million for the quarter, compared to analysts' expectations of $194.10 million. Elevate Credit had a positive return on equity of 6.84% and a negative net margin of 1.03%. The firm's quarterly revenue was up 14.5% on a year-over-year basis. View Elevate Credit's Earnings History.

What guidance has Elevate Credit issued on next quarter's earnings?

Elevate Credit issued an update on its FY18 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of $0.50-1.05 for the period, compared to the Thomson Reuters consensus estimate of $1.06. The company issued revenue guidance of $780-$820 million, compared to the consensus revenue estimate of $820.68 million.

What price target have analysts set for ELVT?

9 brokers have issued 12 month price targets 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:
  • Mr. Kenneth Earl Rees, Chairman and Chief Exec. Officer (Age 55)
  • Mr. Christopher T. Lutes CPA, CPA, Chief Financial Officer (Age 50)
  • Mr. Jason Harvison, COO, Treasurer & Company Sec. (Age 42)
  • Mr. Chad Bradford, Chief Accounting Officer and Sr. VP of Fin. (Age 47)
  • Ms. Joan C. Kuehl, Chief Information Officer (Age 61)

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 $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.

Has Elevate Credit been receiving favorable news coverage?

Media coverage about ELVT stock has been trending somewhat positive on Saturday, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Elevate Credit earned a daily sentiment score of 0.17 on Accern's scale. They also gave press coverage about the company an impact score of 45.36 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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, Scottrade, Fidelity and Charles Schwab.

What is Elevate Credit's stock price today?

One share of ELVT stock can currently be purchased for approximately $7.49.

How big of a company is Elevate Credit?

Elevate Credit has a market capitalization of $312.69 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.

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:  123 (Vote Outperform)
Underperform Votes:  121 (Vote Underperform)
Total Votes:  244
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.

Analyst Ratings

Elevate Credit (NYSE:ELVT) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
9 Wall Street analysts have issued ratings and price targets for Elevate Credit in the last 12 months. Their average twelve-month price target is $10.50, suggesting that the stock has a possible upside of 40.19%. The high price target for ELVT is $12.00 and the low price target for ELVT is $8.50. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.782.672.782.75
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
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)
Consensus Price Target: $10.50$10.3125$10.50$10.6429
Price Target Upside: 40.19% upside46.28% upside45.83% upside64.50% 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
3/27/2018UBSInitiated CoverageBuy$10.50MediumView Rating Details
2/12/2018Maxim GroupLower Price TargetBuy -> Buy$10.00 -> $8.50HighView Rating Details
2/9/2018BTIG ResearchDowngradeBuy -> NeutralLowView Rating Details
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
8/23/2017StephensInitiated CoverageEqual -> Equal Weight$8.50HighView 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 4/21/2016 forward)

Earnings

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

Earnings by Quarter for Elevate Credit (NYSE:ELVT)

Elevate Credit (NYSE:ELVT) Earnings Estimates

2018 EPS Consensus Estimate: $0.91
2019 EPS Consensus Estimate: $1.24
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20182$0.11$0.38$0.25
Q2 20182$0.25$0.25$0.25
Q3 20182$0.13$0.26$0.20
Q4 20182$0.06$0.38$0.22
Q1 20191$0.64$0.64$0.64
Q2 20191$0.33$0.33$0.33
Q3 20191$0.07$0.07$0.07
Q4 20191$0.20$0.20$0.20

Elevate Credit (NYSE ELVT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/8/2018Q4 2017$0.15$0.01$194.10 million$193.44 millionViewN/AView Earnings Details
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
(Earnings results data provided by Zacks Investment Research)

Dividends

Elevate Credit (NYSE:ELVT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

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

Insider Ownership Percentage: 32.00%
Institutional Ownership Percentage: 42.25%
Insider Trading History for Elevate Credit (NYSE:ELVT)
Institutional Ownership by Quarter for Elevate Credit (NYSE:ELVT)

Elevate Credit (NYSE ELVT) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/18/2018Jason HarvisonCOOSell3,000$7.50$22,500.00View SEC Filing  
4/16/2018Jason HarvisonCOOSell6,792$7.51$51,007.92View SEC Filing  
4/9/2018Jason HarvisonCOOSell8,476$7.50$63,570.00View SEC Filing  
8/10/2017Christopher LutesCFOBuy10,000$7.00$70,000.0060,000View SEC Filing  
8/2/2017Henry W RamseyInsiderBuy2,000$8.04$16,080.0011,500View SEC Filing  
6/2/2017Henry W RamseyInsiderBuy9,500$7.17$68,115.009,500View SEC Filing  
6/1/2017Christopher LutesCFOBuy10,000$7.06$70,600.0050,000View SEC Filing  
4/11/2017Christopher LutesCFOBuy40,000$6.50$260,000.0040,000View SEC Filing  
4/11/2017Jason HarvisonCOOBuy3,070$6.50$19,955.00View SEC Filing  
4/11/2017Tyler W K HeadDirectorBuy4,002$6.50$26,013.004,002View 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
Elevate Credit (ELVT) COO Jason Harvison Sells 3,000 SharesElevate Credit (ELVT) COO Jason Harvison Sells 3,000 Shares
www.americanbankingnews.com - April 19 at 4:12 PM
Elevate Credit (ELVT) vs. Harvest Capital Credit (HCAP) Head-To-Head AnalysisElevate Credit (ELVT) vs. Harvest Capital Credit (HCAP) Head-To-Head Analysis
www.americanbankingnews.com - April 19 at 5:35 AM
Elevate to Collaborate with Mastercard on Credit Card Product for the ‘New Middle Class’Elevate to Collaborate with Mastercard on Credit Card Product for the ‘New Middle Class’
finance.yahoo.com - April 18 at 10:30 AM
Elevate Credit (ELVT) COO Sells $51,007.92 in StockElevate Credit (ELVT) COO Sells $51,007.92 in Stock
www.americanbankingnews.com - April 17 at 4:21 PM
$188.98 Million in Sales Expected for Elevate Credit (ELVT) This Quarter$188.98 Million in Sales Expected for Elevate Credit (ELVT) This Quarter
www.americanbankingnews.com - April 14 at 2:05 AM
Zacks: Analysts Expect Elevate Credit (ELVT) to Post $0.11 EPSZacks: Analysts Expect Elevate Credit (ELVT) to Post $0.11 EPS
www.americanbankingnews.com - April 12 at 7:18 PM
Elevate Credit (ELVT) Stock Rating Lowered by Zacks Investment ResearchElevate Credit (ELVT) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 11 at 10:42 PM
Elevate Credit (ELVT) vs. Qudian (QD) Head-To-Head ContrastElevate Credit (ELVT) vs. Qudian (QD) Head-To-Head Contrast
www.americanbankingnews.com - April 11 at 5:35 AM
Insider Selling: Elevate Credit (ELVT) COO Sells 8,476 Shares of StockInsider Selling: Elevate Credit (ELVT) COO Sells 8,476 Shares of Stock
www.americanbankingnews.com - April 10 at 7:31 PM
Elevate Credit (ELVT) Receives New Coverage from Analysts at StephensElevate Credit (ELVT) Receives New Coverage from Analysts at Stephens
www.americanbankingnews.com - April 9 at 9:12 PM
Elevate to Release First Quarter 2018 Earnings on Monday, April 30, 2018Elevate to Release First Quarter 2018 Earnings on Monday, April 30, 2018
finance.yahoo.com - April 9 at 10:39 AM
Zacks Investment Research Upgrades Elevate Credit (ELVT) to "Hold"Zacks Investment Research Upgrades Elevate Credit (ELVT) to "Hold"
www.americanbankingnews.com - April 8 at 9:36 AM
Elevate Credit (ELVT) Given Average Rating of "Buy" by BrokeragesElevate Credit (ELVT) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 7 at 1:46 AM
Zacks: Analysts Anticipate Elevate Credit Inc (ELVT) Will Post Quarterly Sales of $188.98 MillionZacks: Analysts Anticipate Elevate Credit Inc (ELVT) Will Post Quarterly Sales of $188.98 Million
www.americanbankingnews.com - March 28 at 2:50 AM
Elevate Credit (ELVT) Research Coverage Started at UBSElevate Credit (ELVT) Research Coverage Started at UBS
www.americanbankingnews.com - March 27 at 9:10 PM
$0.11 EPS Expected for Elevate Credit Inc (ELVT) This Quarter$0.11 EPS Expected for Elevate Credit Inc (ELVT) This Quarter
www.americanbankingnews.com - March 26 at 9:10 PM
Ken Rees, CEO of Elevate, to Speak at LendIt Fintech ConferenceKen Rees, CEO of Elevate, to Speak at LendIt Fintech Conference
finance.yahoo.com - March 20 at 10:30 AM
Elevate Credit (ELVT) Upgraded at Zacks Investment ResearchElevate Credit (ELVT) Upgraded at Zacks Investment Research
www.americanbankingnews.com - March 16 at 9:22 PM
Q2 2018 EPS Estimates for Elevate Credit Inc Decreased by William Blair (ELVT)Q2 2018 EPS Estimates for Elevate Credit Inc Decreased by William Blair (ELVT)
www.americanbankingnews.com - March 16 at 9:06 AM
Elevate Credit Inc Forecasted to Post Q1 2018 Earnings of $0.11 Per Share (ELVT)Elevate Credit Inc Forecasted to Post Q1 2018 Earnings of $0.11 Per Share (ELVT)
www.americanbankingnews.com - March 15 at 7:03 AM
Elevate Credit Inc (ELVT) Receives Average Rating of "Hold" from AnalystsElevate Credit Inc (ELVT) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 13 at 1:46 AM
Zacks: Analysts Expect Elevate Credit Inc (ELVT) Will Post Quarterly Sales of $188.82 MillionZacks: Analysts Expect Elevate Credit Inc (ELVT) Will Post Quarterly Sales of $188.82 Million
www.americanbankingnews.com - March 11 at 5:09 AM
Elevate Named as Finalist for LendIt Fintech 2018’s Financial Inclusion AwardElevate Named as Finalist for LendIt Fintech 2018’s Financial Inclusion Award
finance.yahoo.com - March 9 at 11:52 AM
Elevate Announces Its Customers Have Saved More Than $3 Billion over Payday Loan AlternativesElevate Announces Its Customers Have Saved More Than $3 Billion over Payday Loan Alternatives
finance.yahoo.com - March 5 at 11:03 AM
For African Americans, Credit is Tough No Matter Their Credit ScoreFor African Americans, Credit is Tough No Matter Their Credit Score
finance.yahoo.com - February 28 at 10:26 AM
$188.82 Million in Sales Expected for Elevate Credit Inc (ELVT) This Quarter$188.82 Million in Sales Expected for Elevate Credit Inc (ELVT) This Quarter
www.americanbankingnews.com - February 22 at 2:02 AM
 Analysts Anticipate Elevate Credit Inc (ELVT) Will Post Earnings of $0.11 Per Share Analysts Anticipate Elevate Credit Inc (ELVT) Will Post Earnings of $0.11 Per Share
www.americanbankingnews.com - February 20 at 9:18 PM
Elevate Credit Inc (ELVT) Given Consensus Recommendation of "Hold" by BrokeragesElevate Credit Inc (ELVT) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - February 16 at 1:54 AM
Maxim Group Lowers Elevate Credit (ELVT) Price Target to $8.50Maxim Group Lowers Elevate Credit (ELVT) Price Target to $8.50
www.americanbankingnews.com - February 12 at 5:24 PM
Elevate Credit (ELVT) Stock Rating Lowered by BTIG ResearchElevate Credit (ELVT) Stock Rating Lowered by BTIG Research
www.americanbankingnews.com - February 10 at 10:54 PM
Elevate Credit (ELVT) Downgraded to "Hold" at Zacks Investment ResearchElevate Credit (ELVT) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - February 9 at 10:04 PM
Elevate Credit (ELVT) Posts  Earnings Results, Misses Expectations By $0.14 EPSElevate Credit (ELVT) Posts Earnings Results, Misses Expectations By $0.14 EPS
www.americanbankingnews.com - February 9 at 10:56 AM
ELEVATE CREDIT, INC. (ELVT) Reports Q4 EPS of $0.01, Slight Miss on RevenuesELEVATE CREDIT, INC. (ELVT) Reports Q4 EPS of $0.01, Slight Miss on Revenues
www.streetinsider.com - February 9 at 8:32 AM
Elevate Credit (ELVT) Updates FY18 Earnings GuidanceElevate Credit (ELVT) Updates FY18 Earnings Guidance
www.americanbankingnews.com - February 8 at 5:02 PM
Elevate Credit Fourth Quarter and Full Year 2017 Earnings Release Available on Its Investor Relations WebsiteElevate Credit Fourth Quarter and Full Year 2017 Earnings Release Available on Its Investor Relations Website
finance.yahoo.com - February 8 at 5:00 PM
Elevate Credit (ELVT) Lifted to "Buy" at Zacks Investment ResearchElevate Credit (ELVT) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - February 5 at 11:24 PM
Elevate Credit Inc (ELVT) Expected to Announce Quarterly Sales of $195.20 MillionElevate Credit Inc (ELVT) Expected to Announce Quarterly Sales of $195.20 Million
www.americanbankingnews.com - February 5 at 2:22 AM
Bradley Strock, PayPal CIO, Joins Elevate’s Board of DirectorsBradley Strock, PayPal CIO, Joins Elevate’s Board of Directors
finance.yahoo.com - February 1 at 8:33 AM
Elevate Credit, Inc. to Present at Credit Suisse Financial Services Forum and JMP Securities Technology ConferenceElevate Credit, Inc. to Present at Credit Suisse Financial Services Forum and JMP Securities Technology Conference
finance.yahoo.com - January 31 at 5:18 PM
Comparing Everyday Health (EVDY) and Elevate Credit (ELVT)Comparing Everyday Health (EVDY) and Elevate Credit (ELVT)
www.americanbankingnews.com - January 28 at 3:04 PM
Contrasting Everyday Health (EVDY) and Elevate Credit (ELVT)Contrasting Everyday Health (EVDY) and Elevate Credit (ELVT)
www.americanbankingnews.com - January 27 at 5:20 AM
How to Stop Arguing: Financial Tips for CouplesHow to Stop Arguing: Financial Tips for Couples
finance.yahoo.com - January 23 at 9:07 AM
Elevate Credit Inc (ELVT) Given Consensus Rating of "Buy" by BrokeragesElevate Credit Inc (ELVT) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - January 22 at 2:06 AM
 Brokerages Expect Elevate Credit Inc (ELVT) Will Announce Quarterly Sales of $195.20 Million Brokerages Expect Elevate Credit Inc (ELVT) Will Announce Quarterly Sales of $195.20 Million
www.americanbankingnews.com - January 19 at 2:10 AM
 Analysts Anticipate Elevate Credit Inc (ELVT) Will Post Earnings of $0.13 Per Share Analysts Anticipate Elevate Credit Inc (ELVT) Will Post Earnings of $0.13 Per Share
www.americanbankingnews.com - January 17 at 11:10 PM
Elevate to Release Fourth Quarter and Full Year 2017 Earnings on Thursday, February 8, 2018Elevate to Release Fourth Quarter and Full Year 2017 Earnings on Thursday, February 8, 2018
finance.yahoo.com - January 16 at 5:33 PM
Q1 2018 Earnings Estimate for Elevate Credit Inc (ELVT) Issued By Jefferies GroupQ1 2018 Earnings Estimate for Elevate Credit Inc (ELVT) Issued By Jefferies Group
www.americanbankingnews.com - January 12 at 10:02 AM
Jefferies Group Weighs in on Elevate Credit Incs FY2017 Earnings (ELVT)Jefferies Group Weighs in on Elevate Credit Inc's FY2017 Earnings (ELVT)
www.americanbankingnews.com - January 11 at 8:04 AM
Elevate Announces Boost in Customer Financial Health (Wellness)Elevate Announces Boost in Customer Financial Health (Wellness)
finance.yahoo.com - January 4 at 9:11 AM
ETFs with exposure to Elevate Credit, Inc. : December 29, 2017ETFs with exposure to Elevate Credit, Inc. : December 29, 2017
finance.yahoo.com - December 29 at 5:31 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 Saturday, April, 21, 2018

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This page was last updated on 4/21/2018 by MarketBeat.com Staff

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