NYSE:ELVT

Elevate Credit Stock Forecast, Price & News

$3.30
-0.11 (-3.23 %)
(As of 05/11/2021 05:16 PM ET)
Add
Compare
Today's Range
$3.23
$3.41
50-Day Range
$2.80
$4.15
52-Week Range
$1.35
$4.90
Volume261,282 shs
Average Volume471,787 shs
Market Capitalization$117.66 million
P/E Ratio4.13
Dividend YieldN/A
Beta2.87
30 days | 90 days | 365 days | Advanced Chart
Receive ELVT News and Ratings via Email

Sign-up to receive the latest news and ratings for Elevate Credit and its competitors with MarketBeat's FREE daily newsletter.


Elevate Credit logo

About Elevate Credit

Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States. It offers unsecured online installment loans, lines of credit, and credit cards. Its products include Rise, an installment loan product; Elastic, a line of credit product; and Today Card, a credit card product. The company was founded in 2014 and is headquartered in Fort Worth, Texas.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone817-928-1500
Employees437
Year FoundedN/A

Sales & Book Value

Annual Sales$746.96 million
Cash Flow$0.96 per share
Book Value$3.54 per share

Profitability

Net Income$32.18 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$117.66 million
Next Earnings Date8/5/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.29 out of 5 stars

Finance Sector

827th out of 1,948 stocks

Nondepository Credit Institutions Industry

16th out of 51 stocks

Analyst Opinion: 2.2Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Elevate Credit (NYSE:ELVT) Frequently Asked Questions

Is Elevate Credit a buy right now?

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.
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 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
.

When is Elevate Credit's next earnings date?

Elevate Credit is scheduled to release its next quarterly earnings announcement on Thursday, August 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, 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
.

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

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.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for ELVT?

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.
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 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.

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 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
.

Which major investors are selling Elevate Credit stock?

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.

Which major investors are buying Elevate Credit stock?

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.

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 $3.30.

How much money does Elevate Credit make?

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.

How many employees does Elevate Credit have?

Elevate Credit employs 437 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 5/11/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.