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) announced its earnings results on Monday, April, 30th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.09. The business earned $193.50 million during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter last year, the company posted $0.06 EPS. 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 issued an update on its FY18 earnings guidance on Monday, April, 30th. The company provided EPS guidance of $0.50-1.05 for the period, compared to the Thomson Reuters consensus EPS 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 objectives for Elevate Credit's stock. Their forecasts range from $8.50 to $13.00. On average, they anticipate Elevate Credit's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 10.0% 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 initial public offering 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.

Headlines about ELVT stock have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Elevate Credit earned a coverage optimism score of 0.24 on Accern's scale. They also gave news headlines about the company an impact score of 44.90 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Elevate Credit's stock is owned by a variety of of institutional and retail 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 acquired 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 $10.00.

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]