NYSE:ELVTElevate Credit Stock Price, Forecast & 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 $0.93 +0.01 (+1.09 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$0.89Now: $0.93▼$0.9950-Day Range$0.92MA: $2.62▼$4.1752-Week Range$0.89Now: $0.93▼$5.98Volume874,963 shsAverage Volume449,724 shsMarket Capitalization$39.95 millionP/E Ratio1.27Dividend YieldN/ABeta2.64 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial 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™ 3.0 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, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, Elevate Credit has a potential upside of 546.1% from its current price of $0.93.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 213 “outperform” votes. (Add your “outperform” vote.)Underperform VotesElevate Credit has received 230 “underperform” votes. (Add your “underperform” vote.)Community SentimentElevate Credit has received 51.92% “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 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Elevate Credit insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,140,769.00 in company stock.Percentage Held by InsidersOnly 17.00% of the stock of Elevate Credit is held by insiders.Percentage Held by Institutions40.27% of the stock of Elevate Credit is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Elevate Credit are expected to grow by 12.94% in the coming year, from $0.85 to $0.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Elevate Credit is 1.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 10.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Elevate Credit is 1.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.32.Price to Book Value per Share RatioElevate Credit has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.78 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 Webhttp://www.elevate.com/ Phone817-928-1500Debt Debt-to-Equity Ratio0.09 Current Ratio1.14 Quick Ratio1.14Price-To-Earnings Trailing P/E Ratio1.27 Forward P/E Ratio1.09 P/E GrowthN/A Sales & Book Value Annual Sales$746.96 million Price / Sales0.05 Cash Flow$1.29 per share Price / Cash Flow0.72 Book Value$3.54 per share Price / Book0.26Profitability EPS (Most Recent Fiscal Year)$0.73 Net Income$32.18 million Net Margins4.31% Return on Equity22.38% Return on Assets4.25%Miscellaneous Employees685 Outstanding Shares43,020,000Market Cap$39.95 million Next Earnings Date5/4/2020 (Estimated) OptionableNot Optionable 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. ELVT Rates by TradingView Elevate Credit (NYSE:ELVT) Frequently Asked Questions How has Elevate Credit's stock been impacted by COVID-19 (Coronavirus)? 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 (WHO). Since then, ELVT shares have decreased by 63.6% and is now trading at $0.9287. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Elevate Credit? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elevate Credit in the last year. There are currently 1 sell rating, 1 hold rating 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, May 4th 2020. View our earnings forecast for Elevate Credit. How were Elevate Credit's earnings last quarter? Elevate Credit Inc (NYSE:ELVT) issued its quarterly earnings data on Monday, February, 10th. The company reported $0.19 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.17 by $0.02. The business had revenue of $186.92 million for the quarter, compared to analysts' expectations of $186.85 million. Elevate Credit had a return on equity of 22.38% and a net margin of 4.31%. View Elevate Credit's earnings history. What guidance has Elevate Credit issued on next quarter's earnings? Elevate Credit updated its FY 2020 After-Hours earnings guidance on Monday, February, 10th. The company provided earnings per share (EPS) guidance of 0.80-0.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.88. The company issued revenue guidance of $750-770 million, compared to the consensus revenue estimate of $780.99 million. What price target have analysts set for ELVT? 3 brokers have issued 12 month target prices for Elevate Credit's shares. Their forecasts range from $6.00 to $6.00. On average, they anticipate Elevate Credit's share price to reach $6.00 in the next year. This suggests a possible upside of 546.1% from the stock's current price. View analysts' price targets for Elevate Credit. Has Elevate Credit been receiving favorable news coverage? News coverage about ELVT stock has been trending very negative on Saturday, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Elevate Credit earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutElevate Credit. Who are some of Elevate Credit's key competitors? Some companies that are related to Elevate Credit include X Financial (XYF), Jiayin Group (JFIN), Fincera (YUANF), Weidai (WEI), Security National Financial (SNFCA), On Deck Capital (ONDK), Medallion Financial (MFIN), Mogo Finance Technology (MOGO), Consumer Portfolio Services (CPSS), Harvest Capital Credit (HCAP), Hexindai (HX), Senmiao Technology (AIHS), Golden Bull (DNJR), China Rapid Finance (XRF) and LM Funding America (LMFA). 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 NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Allena Pharmaceuticals (ALNA), Extreme Networks (EXTR), Netflix (NFLX), Stitch Fix (SFIX), Energy Transfer LP Unit (ET), Select Medical (SEM) and Verizon Communications (VZ). 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 $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. 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 $0.93. How big of a company is Elevate Credit? Elevate Credit has a market capitalization of $39.95 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. View additional information about Elevate Credit. What is Elevate Credit's official website? The official website for Elevate Credit is http://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 4/4/2020 by MarketBeat.com StaffFeatured Article: SEC Filing
