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Atlanticus (ATLC) Stock Price, News & Analysis

Atlanticus logo
$37.19
-0.42 (-1.12%)
(As of 10/31/2024 ET)

About Atlanticus Stock (NASDAQ:ATLC)

Key Stats

Today's Range
$37.19
$38.27
50-Day Range
$30.56
$37.65
52-Week Range
$23.09
$39.53
Volume
12,310 shs
Average Volume
16,148 shs
Market Capitalization
$548.37 million
P/E Ratio
8.83
Dividend Yield
N/A
Price Target
$41.00
Consensus Rating
Moderate Buy

Company Overview

Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers. This segment also offers loan servicing, such as risk management and customer service outsourcing for third parties; and engages in testing and investment activities in consumer finance technology platforms. The Auto Finance segment purchases and/or services loans secured by automobiles from or for a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here, pay-here, and used car business. This segment also provides floor plan financing and installment lending products. It also invests in and services portfolios of credit card receivables. The company was founded in 1996 and is headquartered in Atlanta, Georgia.

Atlanticus Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
59th Percentile Overall Score

ATLC MarketRank™: 

Atlanticus scored higher than 59% of companies evaluated by MarketBeat, and ranked 13th out of 21 stocks in the financial services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Atlanticus has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Atlanticus has only been the subject of 1 research reports in the past 90 days.

  • Read more about Atlanticus' stock forecast and price target.
  • Earnings Growth

    Earnings for Atlanticus are expected to grow by 24.89% in the coming year, from $4.54 to $5.67 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Atlanticus is 8.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.07.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Atlanticus is 8.83, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 421.11.

  • Price to Book Value per Share Ratio

    Atlanticus has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Atlanticus' valuation and earnings.
  • Percentage of Shares Shorted

    7.09% of the float of Atlanticus has been sold short.
  • Short Interest Ratio / Days to Cover

    Atlanticus has a short interest ratio ("days to cover") of 21.8, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Atlanticus has recently decreased by 0.33%, indicating that investor sentiment is improving.
  • Dividend Yield

    Atlanticus does not currently pay a dividend.

  • Dividend Growth

    Atlanticus does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    7.09% of the float of Atlanticus has been sold short.
  • Short Interest Ratio / Days to Cover

    Atlanticus has a short interest ratio ("days to cover") of 21.8, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Atlanticus has recently decreased by 0.33%, indicating that investor sentiment is improving.
  • News Sentiment

    Atlanticus has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Financial Services companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Atlanticus this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Atlanticus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $117,675.00 in company stock.

  • Percentage Held by Insiders

    51.80% of the stock of Atlanticus is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 14.15% of the stock of Atlanticus is held by institutions.

  • Read more about Atlanticus' insider trading history.
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ATLC Stock News Headlines

Analyzing goeasy (OTCMKTS:EHMEF) and Atlanticus (NASDAQ:ATLC)
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Atlanticus Holdings: Subprime Still Shines
JMP Securities Keeps Their Buy Rating on Atlanticus Holdings (ATLC)
See More Headlines

ATLC Stock Analysis - Frequently Asked Questions

Atlanticus' stock was trading at $38.67 at the beginning of 2024. Since then, ATLC shares have decreased by 3.8% and is now trading at $37.19.
View the best growth stocks for 2024 here
.

Atlanticus Holdings Co. (NASDAQ:ATLC) released its quarterly earnings results on Thursday, August, 8th. The credit services provider reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.12. The credit services provider had revenue of $315.64 million for the quarter, compared to analyst estimates of $309.74 million. Atlanticus had a trailing twelve-month return on equity of 25.32% and a net margin of 8.42%.

Shares of ATLC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Atlanticus investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX), Home Depot (HD) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
8/08/2024
Today
10/31/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Credit Services
Sub-Industry
Banking
Current Symbol
NASDAQ:ATLC
Employees
386
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$41.00
High Stock Price Target
$45.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+10.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$102.85 million
Pretax Margin
10.23%

Debt

Sales & Book Value

Annual Sales
$262.48 million
Cash Flow
$8.32 per share
Book Value
$26.90 per share

Miscellaneous

Free Float
7,107,000
Market Cap
$548.37 million
Optionable
No Data
Beta
1.92

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This page (NASDAQ:ATLC) was last updated on 10/31/2024 by MarketBeat.com Staff
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