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) issued its quarterly earnings data on Monday, February, 11th. The company reported $0.09 earnings per share for the quarter, hitting the consensus estimate of $0.09. The business earned $207.29 million during the quarter, compared to analysts' expectations of $212.42 million. Elevate Credit had a net margin of 1.59% and a return on equity of 15.53%. View Elevate Credit's Earnings History.

Elevate Credit is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Elevate Credit.

Elevate Credit issued an update on its FY 2019 earnings guidance on Monday, February, 11th. The company provided earnings per share (EPS) guidance of $0.55-0.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.69. The company issued revenue guidance of $811-834 million, compared to the consensus revenue estimate of $882.35 million.

8 Wall Street analysts have issued twelve-month price objectives for Elevate Credit's shares. Their forecasts range from $4.66 to $12.50. On average, they expect Elevate Credit's stock price to reach $7.1657 in the next twelve months. This suggests a possible upside of 67.0% 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 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Elevate Credit.

Media coverage about ELVT stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Elevate Credit earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Elevate Credit investors own include Micron Technology (MU), Aqua Metals (AQMS), Allena Pharmaceuticals (ALNA), Enova International (ENVA), DDR (DDR), Corbus Pharmaceuticals (CRBP), Abraxas Petroleum (AXAS), Funko (FNKO), Genocea Biosciences (GNCA) and Adesto Technologies (IOTS).

(ELVT) raised $100 million in an initial public offering 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.

Elevate Credit's stock is owned by a number of of retail and institutional investors. Top institutional investors include Prescott Group Capital Management L.L.C. (4.17%), Nantahala Capital Management LLC (3.66%), BlackRock Inc. (2.87%), 683 Capital Management LLC (2.42%), Osborn Williams & Donohoe LLC (0.86%) and Mackenzie Financial Corp (0.48%). Company insiders that own Elevate Credit stock include Bradley R Strock, Christopher Lutes, Crossover Managemen Technology, Henry W Ramsey, Jason Harvison, John C Dean, Stephen J Shaper 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 Acadian Asset Management LLC, BlackRock Inc., Mackay Shields LLC, Mackenzie Financial Corp, Dimensional Fund Advisors LP and Dimensional Fund Advisors LP. Company insiders that have sold Elevate Credit company stock in the last year include Jason Harvison, John C Dean and Tyler W K Head. View Insider Buying and Selling for Elevate Credit.

ELVT stock was acquired by a variety of institutional investors in the last quarter, including Nantahala Capital Management LLC, 683 Capital Management LLC, Prescott Group Capital Management L.L.C., Osborn Williams & Donohoe LLC, D. E. Shaw & Co. Inc., Bank of New York Mellon Corp, Stone Ridge Asset Management LLC and Bank of America Corp DE. Company insiders that have bought Elevate Credit stock in the last two years include Bradley R Strock, Christopher Lutes, Crossover Managemen Technology, Henry W Ramsey, Jason Harvison, John C Dean, Stephen J Shaper 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 $4.29.

Elevate Credit has a market capitalization of $186.01 million and generates $786.68 million in revenue each year. The company earns $12.51 million in net income (profit) each year or $0.39 on an earnings per share basis. Elevate Credit employs 685 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]