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) announced its quarterly earnings data on Monday, April, 30th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.09. The business had revenue of $193.50 million for 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 company's revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period last year, the firm 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 EPS guidance of $0.50-1.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.73. The company issued revenue guidance of $780-820 million, compared to the consensus revenue estimate of $794.62 million.

6 analysts have issued 1-year price objectives for Elevate Credit's shares. Their predictions range from $8.50 to $12.00. On average, they anticipate Elevate Credit's share 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), Easterly Acquisition (EACQ), 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 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.

Press coverage about ELVT stock has trended somewhat positive on Friday, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Elevate Credit earned a media sentiment score of 0.07 on Accern's scale. They also assigned news stories about the company an impact score of 46.56 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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 acquired 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 $7.63.

Elevate Credit has a market capitalization of $330.69 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.

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]