Elevate Credit (ELVT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.86 to $1.87
• 50-Day Range: $1.78 to $1.87
• 52-Week Range: $0.67 to $3.42
• Volume: 535,900 shs
• Average Volume: 188,882 shs
• Market Capitalization: $58.83 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

ELVT Stock Analysis - Frequently Asked Questions

How were Elevate Credit's earnings last quarter?

Elevate Credit, Inc. (NYSE:ELVT) issued its earnings results on Tuesday, November, 2nd. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.24) by $0.04. The company had revenue of $112.84 million for the quarter, compared to analysts' expectations of $93.96 million. Elevate Credit had a negative net margin of 13.64% and a negative trailing twelve-month return on equity of 24.09%.

When did Elevate Credit IPO?

Elevate Credit (ELVT) raised $100 million in an initial public offering (IPO) 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 other stocks do shareholders of Elevate Credit own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Elevate Credit investors own include Tesla (TSLA), Allena Pharmaceuticals (ALNA), Digital Turbine (APPS), Alibaba Group (BABA), DexCom (DXCM), Matinas BioPharma (MTNB) and Veru (VERU).

Company Calendar

• Last Earnings: 11/02/2021
• Today: 9/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: N/A
• Current Symbol: NYSE:ELVT
• CUSIP: N/A
• CIK: 1651094
• Web: www.elevate.com
• Phone: (817) 928-1500
• Fax: N/A
• Employees: 436
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($2.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-33,600,000.00
• Net Margins: -13.64%
• Pretax Margin: -14.55%
• Return on Equity: -24.09%
• Return on Assets: -5.15%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.20
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: $416.64 million
• Price / Sales: 0.14
• Cash Flow: $0.29 per share
• Price / Cash Flow: 6.38
• Book Value: $3.35 per share
• Price / Book: 0.56

Miscellaneous

• Outstanding Shares: 31,460,000
• Free Float: 28,315,000
• Market Cap: $58.83 million
• Optionable: Not Optionable
• Beta: 2.06