Elevate Credit Stock Forecast, Price & News

Elevate Credit's stock was trading at $2.97 at the start of the year. Since then, ELVT shares have decreased by 12.5% and is now trading at $2.60.
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Elevate Credit is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Elevate Credit.

Elevate Credit, Inc. (NYSE:ELVT) announced its earnings results on Wednesday, May, 4th. The company reported ($0.44) earnings per share for the quarter, missing analysts' consensus estimates of ($0.17) by $0.27. Elevate Credit had a negative trailing twelve-month return on equity of 26.82% and a negative net margin of 13.35%.
View Elevate Credit's earnings history.

Elevate Credit issued an update on its FY 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $500.00 million-$525.00 million, compared to the consensus revenue estimate of $521.16 million.

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), Oportun Financial (OPRT), CURO Group (CURO), Consumer Portfolio Services (CPSS), CNFinance (CNF), Orange County Bancorp (OBT), 9F (JFU), Security National Financial (SNFCA), Medallion Financial (MFIN), Yiren Digital (YRD), X Financial (XYF), Bit Digital (BTBT), Northern Lights Acquisition (NLIT), Jiayin Group (JFIN) and SOS (SOS).
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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 $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 a number of institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (4.26%), Vanguard Group Inc. (3.77%), Renaissance Technologies LLC (3.72%), Empyrean Capital Partners LP (3.34%), Dimensional Fund Advisors LP (2.89%) and Aviance Capital Partners LLC (1.15%). Company insiders that own Elevate Credit stock include Christopher Lutes, 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 Arrowstreet Capital Limited Partnership, Acadian Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., Invesco Ltd., Renaissance Technologies LLC, American Century Companies Inc., Group One Trading L.P., and Goldman Sachs Group Inc.. Company insiders that have sold Elevate Credit company stock in the last two years 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 purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Dimensional Fund Advisors LP, Empyrean Capital Partners LP, King Luther Capital Management Corp, Vanguard Group Inc., Aviance Capital Partners LLC, Charles Schwab Investment Management Inc., and Raymond James Financial Services Advisors Inc..
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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 $2.60.

Elevate Credit (NYSE:ELVT) has a market capitalization of $81.48 million and generates $416.64 million in revenue each year. The company earns $-33.60 million in net income (profit) each year or ($1.850010) on an earnings per share basis.

Elevate Credit employs 436 workers across the globe.

Elevate Credit's mailing address is 4150 INTERNATIONAL PLAZA SUITE 300, FORT WORTH TX, 76109. The official website for Elevate Credit is www.elevate.com. The company can be reached via phone at (817) 928-1500 or via email at [email protected].