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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NYSE:ELVT

Elevate Credit Stock Forecast, Price & News

$4.08
-0.06 (-1.45 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$3.91
Now: $4.08
$4.19
50-Day Range
$4.08
MA: $4.25
$4.75
52-Week Range
$0.89
Now: $4.08
$4.90
Volume186,200 shs
Average Volume328,553 shs
Market Capitalization$155.33 million
P/E Ratio5.10
Dividend YieldN/A
Beta2.87
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, an 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.
Elevate Credit logo

Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone817-928-1500
Employees695
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$746.96 million
Cash Flow$1.18 per share
Book Value$3.54 per share

Profitability

Net Income$32.18 million

Miscellaneous

Market Cap$155.33 million
Next Earnings Date5/5/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

0.94 out of 5 stars

Finance Sector

1091st out of 1,944 stocks

Nondepository Credit Institutions Industry

24th out of 51 stocks

Analyst Opinion: 1.2Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
$4.08
-0.06 (-1.45 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Elevate Credit (NYSE:ELVT) Frequently Asked Questions

Is Elevate Credit a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elevate Credit in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Elevate Credit stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ELVT, but not buy additional shares or sell existing shares.
View analyst ratings for Elevate Credit
or view top-rated stocks.

What stocks does MarketBeat like better than Elevate Credit?

Wall Street analysts have given Elevate Credit a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Elevate Credit wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Elevate Credit?

Elevate Credit saw a decrease in short interest in the month of February. As of February 12th, there was short interest totaling 404,200 shares, a decrease of 27.6% from the January 28th total of 558,100 shares. Based on an average trading volume of 293,200 shares, the short-interest ratio is presently 1.4 days. Currently, 2.0% of the shares of the stock are sold short.
View Elevate Credit's Short Interest
.

When is Elevate Credit's next earnings date?

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

How were Elevate Credit's earnings last quarter?

Elevate Credit, Inc. (NYSE:ELVT) issued its earnings results on Sunday, February, 7th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.30. The business earned $90.72 million during the quarter, compared to the consensus estimate of $86.51 million. Elevate Credit had a net margin of 5.73% and a trailing twelve-month return on equity of 31.90%.
View Elevate Credit's earnings history
.

How has Elevate Credit's stock price been impacted by COVID-19 (Coronavirus)?

Elevate Credit's stock was trading at $2.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ELVT shares have increased by 60.0% and is now trading at $4.08.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for ELVT?

3 brokers have issued 1 year price targets for Elevate Credit's shares. Their forecasts range from $2.00 to $5.60. On average, they anticipate Elevate Credit's share price to reach $3.80 in the next year. This suggests that the stock has a possible downside of 6.9%.
View analysts' price targets for Elevate Credit
or view top-rated stocks among Wall Street analysts.

Who are Elevate Credit's key executives?

Elevate Credit's management team includes the following people:
  • Mr. Jason Harvison, Pres, CEO & Director (Age 45, Pay $613.09k)
  • Mr. Christopher T. Lutes CPA, CPA, Chief Financial Officer (Age 53, Pay $580.85k)
  • Mr. Scott Greever, Chief Product Officer (Age 52, Pay $393.8k)
  • Mr. Chad Bradford, Chief Accounting Officer & Sr. VP of Fin. (Age 50)
  • Ms. Joan C. Kuehl, Chief Information Officer (Age 64)
  • Ms. Sarah Fagin Cutrona Esq., Chief Counsel (Age 60)
  • Mr. Daniel Rhea, Sr. Communications Mang.
  • Ms. Sharon Clarey, Exec. VP & Chief HR Officer (Age 60)
  • Mr. Eric Von Dohlen, Chief Analytics Officer (Age 53)
  • Mr. David Curry Peterson, Chief Credit Officer (Age 39)

What is Jason Harvison's approval rating as Elevate Credit's CEO?

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.

Who are some of Elevate Credit's key competitors?

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 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).

When did Elevate Credit IPO?

(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 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."

Who are Elevate Credit's major shareholders?

Elevate Credit's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (3.56%), HighTower Advisors LLC (1.63%), Dimensional Fund Advisors LP (1.32%), BlackRock Inc. (1.21%), Raymond James Financial Services Advisors Inc. (0.31%) and Vanguard Capital Wealth Advisors (0.25%). Company insiders that own Elevate Credit stock include David Curry Peterson, Jason Harvison, Kenneth E Rees, Scff Management Llc, Scgf Iii Management Llc and Sequoia Capital Growth Fund Ii.
View institutional ownership trends for Elevate Credit
.

Which institutional investors are selling Elevate Credit stock?

ELVT stock was sold by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, Raymond James Financial Services Advisors Inc., BlackRock Inc., Hsbc Holdings PLC, Bank of New York Mellon Corp, HighTower Advisors LLC, and Royce & Associates LP. Company insiders that have sold Elevate Credit company stock in the last year include David Curry Peterson, Scff Management Llc, and Scgf Iii Management Llc.
View insider buying and selling activity for Elevate Credit
or view top insider-selling stocks.

Which institutional investors are buying Elevate Credit stock?

ELVT stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Capital Wealth Advisors, Renaissance Technologies LLC, Nkcfo LLC, Virtu Financial LLC, Engineers Gate Manager LP, Dimensional Fund Advisors LP, and ExodusPoint Capital Management LP.
View insider buying and selling activity for Elevate Credit
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Elevate Credit's stock price today?

One share of ELVT stock can currently be purchased for approximately $4.08.

How much money does Elevate Credit make?

Elevate Credit has a market capitalization of $155.33 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.

How many employees does Elevate Credit have?

Elevate Credit employs 695 workers across the globe.

What is Elevate Credit's official website?

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

Where are Elevate Credit's headquarters?

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

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 3/1/2021 by MarketBeat.com Staff

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