Elevate Credit Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Elevate Credit in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Elevate Credit stock.
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Wall Street analysts have given Elevate Credit a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Elevate Credit wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Elevate Credit saw a increase in short interest in the month of May. As of May 14th, there was short interest totaling 718,700 shares, an increase of 62.9% from the April 29th total of 441,300 shares. Based on an average daily trading volume, of 521,200 shares, the short-interest ratio is currently 1.4 days. Currently, 3.2% of the shares of the company are sold short.
View Elevate Credit's Short Interest.

Elevate Credit is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Elevate Credit.

Elevate Credit, Inc. (NYSE:ELVT) released its quarterly earnings data on Sunday, May, 2nd. The company reported $0.34 EPS for the quarter, topping the Zacks' consensus estimate of $0.12 by $0.22. The business earned $89.73 million during the quarter, compared to analyst estimates of $90.62 million. Elevate Credit had a trailing twelve-month return on equity of 34.11% and a net margin of 9.73%.
View Elevate Credit's earnings history.

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 stock has increased by 52.5% and is now trading at $3.89.
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2 equities research analysts have issued 12 month price targets for Elevate Credit's shares. Their forecasts range from $5.60 to $5.60. On average, they expect Elevate Credit's share price to reach $5.60 in the next twelve months. This suggests a possible upside of 44.0% from the stock's current price.
View analysts' price targets for Elevate Credit or view top-rated stocks among Wall Street analysts.

32 employees have rated Elevate Credit CEO Jason Harvison on Glassdoor.com. Jason Harvison has an approval rating of 80% among Elevate Credit's employees.

Some companies that are related to Elevate Credit include Yiren Digital (YRD), Mogo (MOGO), 9F (JFU), Fusion Acquisition (FUSE), America First Multifamily Investors (ATAX), Spartan Acquisition Corp. II (SPRQ), Bit Digital (BTBT), Jiayin Group (JFIN), Velocity Financial (VEL), Medallion Financial (MFIN), CNFinance (CNF), Security National Financial (SNFCA), Orange County Bancorp (OCBI), Consumer Portfolio Services (CPSS) and Weidai (WEI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Elevate Credit investors own include Tesla (TSLA), Allena Pharmaceuticals (ALNA), Digital Turbine (APPS), Alibaba Group (BABA), DexCom (DXCM), Matinas BioPharma (MTNB), Veru (VERU), Zynga (ZNGA), Ardelyx (ARDX) and Alteryx (AYX).

(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.

Elevate Credit trades on the New York Stock Exchange (NYSE) under the ticker symbol "ELVT."

Elevate Credit's stock is owned by many different institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.97%), Acadian Asset Management LLC (3.79%), Islet Management LP (3.46%), Dimensional Fund Advisors LP (1.93%), BlackRock Inc. (0.89%) and D. E. Shaw & Co. Inc. (0.63%). Company insiders that own Elevate Credit stock include David Curry Peterson, Jason Harvison, Kenneth E Rees, Linda Stinson, Scff Management Llc, Scgf Iii Management Llc, Scott Greever, Sequoia Capital Growth Fund Ii 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 BlackRock Inc., Millennium Management LLC, D. E. Shaw & Co. Inc., Goldman Sachs Group Inc., Geode Capital Management LLC, and Virtu Financial LLC. Company insiders that have sold Elevate Credit company stock in the last year include David Curry Peterson, Jason Harvison, Linda Stinson, Scott Greever, and Tyler W K Head.
View insider buying and selling activity for Elevate Credit or view top insider-selling stocks.

ELVT stock was bought by a variety of institutional investors in the last quarter, including Islet Management LP, Acadian Asset Management LLC, Dimensional Fund Advisors LP, JPMorgan Chase & Co., Renaissance Technologies LLC, PDT Partners LLC, Assenagon Asset Management S.A., and Jane Street Group LLC.
View insider buying and selling activity for Elevate Credit or or view top insider-buying stocks.

Shares of ELVT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ELVT stock can currently be purchased for approximately $3.89.

Elevate Credit has a market capitalization of $139.08 million and generates $465.35 million in revenue each year. The company earns $20.59 million in net income (profit) each year or $1.31 on an earnings per share basis.

Elevate Credit employs 437 workers across the globe.

The official website for Elevate Credit is www.elevate.com.

Elevate Credit is headquartered at 4150 INTERNATIONAL PLAZA SUITE 300, FORT WORTH TX, 76109.

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]