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 Inc (NYSE:ELVT) issued its quarterly earnings data on Monday, April, 30th. The company reported $0.22 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.09. The company had revenue of $193.50 million for the quarter, compared to the consensus estimate of $189.40 million. Elevate Credit had a net margin of 0.13% and a return on equity of 12.91%. The firm's revenue for the quarter was up 23.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.06 earnings per share. View Elevate Credit's Earnings History.

Elevate Credit is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Elevate Credit.

Elevate Credit updated its FY18 earnings guidance on Monday, April, 30th. The company provided earnings per share guidance of $0.50-1.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.73. The company issued revenue guidance of $780-820 million, compared to the consensus revenue estimate of $794.62 million.

6 equities research analysts have issued 12 month price targets for Elevate Credit's shares. Their predictions range from $8.50 to $13.00. On average, they expect Elevate Credit's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 9.0% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Elevate Credit include Curo Group (CURO), Yirendai (YRD), Wins Finance (WINS), 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 Harvest Capital Credit (HCAP).

(ELVT) raised $100 million in an IPO 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 acted as the underwriters for the IPO and Stifel and William Blair were co-managers.

News stories about ELVT stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. 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 daily sentiment score of 0.14 on Accern's scale. They also assigned news articles about the company an impact score of 45.86 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Elevate Credit's stock is owned by many different of retail and institutional investors. Top institutional shareholders include VICTORY PARK CAPITAL ADVISORS, LLC (5.80%), Osborn Williams & Donohoe LLC (0.50%) and Bank of Montreal Can (0.05%). 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 purchased by a variety of institutional investors in the last quarter, including Osborn Williams & Donohoe LLC and Bank of Montreal Can. 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 $10.09.

Elevate Credit has a market capitalization of $418.60 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]