Elevate Credit Stock Forecast, Price & News

3 Wall Street research 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 research 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.
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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.
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Elevate Credit saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 441,000 shares, an increase of 35.1% from the March 31st total of 326,400 shares. Based on an average trading volume of 504,700 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.0% of the shares of the stock are short sold.
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) issued its earnings results on Sunday, May, 2nd. The company reported $0.34 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.12 by $0.22. 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.

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 shares have increased by 29.4% and is now trading at $3.30.
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3 analysts have issued 12 month price targets for Elevate Credit's stock. Their forecasts range from $2.00 to $5.60. On average, they anticipate Elevate Credit's stock price to reach $3.80 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price.
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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 Qudian (QD), Mogo (MOGO), America First Multifamily Investors (ATAX), Yiren Digital (YRD), Jiayin Group (JFIN), 9F (JFU), CNFinance (CNF), Velocity Financial (VEL), Medallion Financial (MFIN), X Financial (XYF), Security National Financial (SNFCA), Consumer Portfolio Services (CPSS), Weidai (WEI), Mitesco (MITI) and Harvest Capital Credit (HCAP).
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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 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 served 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 a variety of institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (3.79%), BlackRock Inc. (0.89%), Russell Investments Group Ltd. (0.21%), Assenagon Asset Management S.A. (0.12%), GSA Capital Partners LLP (0.04%) and Diversified Trust Co (0.04%). 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.. 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 Acadian Asset Management LLC, Assenagon Asset Management S.A., Russell Investments Group Ltd., GSA Capital Partners LLP, and Diversified Trust Co.
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 $3.30.

Elevate Credit has a market capitalization of $117.66 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.

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]