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 quarterly earnings data on Monday, July, 30th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.02. The firm earned $184.38 million during the quarter, compared to the consensus estimate of $186.46 million. Elevate Credit had a return on equity of 12.98% and a net margin of 0.14%. Elevate Credit's quarterly revenue was up 22.5% on a year-over-year basis. During the same period last year, the business posted $0.08 EPS. View Elevate Credit's Earnings History.

Elevate Credit is scheduled to release their next quarterly earnings announcement on Monday, October, 29th 2018. View Earnings Estimates for Elevate Credit.

Elevate Credit updated its FY18 earnings guidance on Monday, July, 30th. The company provided earnings per share guidance of $0.55-0.90 for the period, compared to the Thomson Reuters consensus estimate of $0.72. The company issued revenue guidance of $790-810 million, compared to the consensus revenue estimate of $803.81 million.

6 equities research analysts have issued 1 year price targets for Elevate Credit's stock. Their predictions range from $9.00 to $13.00. On average, they anticipate Elevate Credit's share price to reach $11.10 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price. View Analyst Price Targets for Elevate Credit.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elevate Credit in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Elevate Credit.

Some companies that are related to Elevate Credit include Wins Finance (WINS), Curo Group (CURO), Yirendai (YRD), On Deck Capital (ONDK), Everi (EVRI), Hexindai (HX), America First Multifamily Investors (ATAX), WMIH (WMIH), Easterly Acquisition (EACQ), Medallion Financial (MFIN), China Rapid Finance (XRF), Golden Bull (DNJR), Senmiao Technology (AIHS), Security National Financial (SNFCA) and Consumer Portfolio Services (CPSS).

(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.

News coverage about ELVT stock has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Elevate Credit earned a media and rumor sentiment score of 0.11 on Accern's scale. They also assigned media stories about the company an impact score of 46.87 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Elevate Credit.

Elevate Credit's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.53%), Prescott Group Capital Management L.L.C. (1.47%), Osborn Williams & Donohoe LLC (0.50%), Renaissance Technologies LLC (0.39%), State Board of Administration of Florida Retirement System (0.38%) and Paragon Wealth Strategies LLC (0.27%). 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 Martingale Asset Management L P and Paragon Wealth Strategies LLC. 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 BlackRock Inc., Osborn Williams & Donohoe LLC, Renaissance Technologies LLC, State Board of Administration of Florida Retirement System, Prescott Group Capital Management L.L.C., Acadian Asset Management LLC, Dimensional Fund Advisors LP and Spark Investment Management 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 $9.78.

Elevate Credit has a market capitalization of $394.74 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]