S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
NYSE:ELVT

Elevate Credit Stock Forecast, Price & News

$3.71
-0.02 (-0.54 %)
(As of 10/15/2021 12:00 AM ET)
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Today's Range
$3.70
$3.78
50-Day Range
$3.42
$4.17
52-Week Range
$2.34
$4.90
Volume51,665 shs
Average Volume387,375 shs
Market Capitalization$124.65 million
P/E Ratio5.54
Dividend YieldN/A
Beta2.52
30 days | 90 days | 365 days | Advanced Chart
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Elevate Credit logo

About Elevate Credit

Elevate Credit, Inc. engages in provision of online financial services for subprime credit consumers. It offers online credit solutions to consumers in the U.S. and the United Kingdom who are not well-served by traditional bank products and who are looking for options than payday loans, title loans, pawn, and storefront installment loans. The company was founded on January 31, 2014 and is headquartered in Fort Worth, TX.

Headlines

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Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Sector
Finance
Employees
437
Year Founded
N/A

Sales & Book Value

Annual Sales
$465.35 million
Cash Flow
$2.01 per share
Book Value
$4.30 per share

Profitability

Net Income
$20.59 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$124.65 million
Next Earnings Date
11/8/2021 (Estimated)
Optionable
Not Optionable

MarketRank

Overall MarketRank

2.39 out of 5 stars

Finance Sector

289th out of 1,333 stocks

Nondepository Credit Institutions Industry

9th out of 59 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -












Elevate Credit (NYSE:ELVT) Frequently Asked Questions

Is Elevate Credit a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Elevate Credit in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Elevate Credit stock.
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 "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Elevate Credit wasn't one of them. MarketBeat thinks these five companies 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 in the month of September. As of September 30th, there was short interest totaling 2,050,000 shares, an increase of 127.0% from the September 15th total of 903,100 shares. Based on an average daily trading volume, of 323,500 shares, the short-interest ratio is presently 6.3 days. Currently, 9.3% 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 Monday, November 8th 2021.
View our earnings forecast for Elevate Credit
.

How were Elevate Credit's earnings last quarter?

Elevate Credit, Inc. (NYSE:ELVT) issued its quarterly earnings results on Tuesday, August, 3rd. The company reported ($0.09) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.03) by $0.06. The company had revenue of $84.54 million for the quarter, compared to analysts' expectations of $88.97 million. Elevate Credit had a trailing twelve-month return on equity of 21.81% and a net margin of 7.41%.
View Elevate Credit's earnings history
.

How has Elevate Credit's stock been impacted by Coronavirus?

Elevate Credit's stock was trading at $2.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ELVT stock has increased by 45.5% and is now trading at $3.71.
View which stocks have been most impacted by COVID-19
.

What guidance has Elevate Credit issued on next quarter's earnings?

Elevate Credit updated its FY 2021 earnings guidance on Tuesday, August, 10th. The company provided earnings per share guidance of $0.000-$0.000 for the period, compared to the Thomson Reuters consensus estimate of $0.290. The company issued revenue guidance of $380 million-$400 million, compared to the consensus revenue estimate of $384.38 million.

What price target have analysts set for ELVT?

1 brokerages have issued 1-year price objectives for Elevate Credit's stock. Their forecasts range from $5.60 to $5.60. On average, they anticipate Elevate Credit's share price to reach $5.60 in the next twelve months. This suggests a possible upside of 50.9% 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:
  • Jason D. Harvison, President, Chief Executive Officer & Director
  • Scott Greever, Chief Operating Officer (LinkedIn Profile)
  • Chad Bradford, Chief Financial & Accounting Officer
  • Larry Browder, Chief Information Officer
  • Sharon Clarey, Chief Human Resource Officer & Executive VP

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.

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 institutional and retail investors. Top institutional investors include Ritholtz Wealth Management (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 and Tyler W K Head.
View institutional ownership trends for Elevate Credit
.

Which institutional investors are buying Elevate Credit stock?

ELVT stock was bought by a variety of institutional investors in the last quarter, including Ritholtz Wealth Management.
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 $3.71.

How much money does Elevate Credit make?

Elevate Credit has a market capitalization of $124.65 million and generates $465.35 million in revenue each year. The company earns $20.59 million in net income (profit) each year or $1.31 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 10/16/2021 by MarketBeat.com Staff

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