Atlanticus (ATLC) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $52.13 to $54.50
• 50-Day Range: $30.78 to $51.47
• 52-Week Range: $23.09 to $54.50
• Volume: 27,943 shs
• Average Volume: 17,719 shs
• Market Capitalization: $801.49 million
• P/E Ratio: 12.20
• Dividend Yield: N/A
• Price Target: $53.00
• Consensus Rating: Moderate Buy

Atlanticus Stock Analysis - MarketRank™

Atlanticus scored higher than 39% of companies evaluated by MarketBeat, and ranked 725th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Atlanticus has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Atlanticus has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 27.21%

Earnings Growth

Earnings for Atlanticus are expected to grow by 27.21% in the coming year, from $4.41 to $5.61 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Atlanticus is 12.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of Atlanticus is 12.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.72.

Price to Book Value per Share Ratio

Atlanticus has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.85% 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 20.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Atlanticus has recently decreased by 3.35%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Atlanticus does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.85% 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 20.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Atlanticus has recently decreased by 3.35%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.09

News Sentiment

Atlanticus has a news sentiment score of 0.09. 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 lower news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Atlanticus this week, compared to 1 article on an average week.

Search Interest

1 people have searched for ATLC on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $191,175.00 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.

ATLC Stock Analysis - Frequently Asked Questions

How have ATLC shares performed this year?

Atlanticus' stock was trading at $38.67 at the start of the year. Since then, ATLC stock has increased by 40.4% and is now trading at $54.30.
View the best growth stocks for 2024 here.

How were Atlanticus' earnings last quarter?

Atlanticus Holdings Co. (NASDAQ:ATLC) released its quarterly earnings data on Thursday, November, 7th. The credit services provider reported $1.27 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.04. The credit services provider earned $351.22 million during the quarter, compared to the consensus estimate of $326.64 million. Atlanticus had a trailing twelve-month return on equity of 25.14% and a net margin of 8.39%.

Who are Atlanticus' major shareholders?

Atlanticus' top institutional shareholders include Geode Capital Management LLC (0.83%), State Street Corp (0.63%), Wellington Management Group LLP (0.32%) and Los Angeles Capital Management LLC (0.19%). Insiders that own company stock include David G Hanna, Frank J Hanna III, Deal W Hudson, Dennis H James Jr, William Mccamey, Denise M Harrod, Mitchell Saunders and Thomas G Rosencrants.
View institutional ownership trends.

How do I buy shares of Atlanticus?

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.

What other stocks do shareholders of Atlanticus own?

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: 11/07/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Personal credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:ATLC
• CUSIP: N/A
• CIK: 1464343
• Web: www.atlanticus.com
• Phone: (770) 828-2000
• Fax: 770-901-5859
• Employees: 386
• Year Founded: 1996

Price Target and Rating

• Average Stock Price Target: $48.75
• High Stock Price Target: $54.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: -6.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.45
• Trailing P/E Ratio: 11.71
• Forward P/E Ratio: 11.82
• P/E Growth: N/A
• Net Income: $102.85 million
• Net Margins: 8.39%
• Pretax Margin: 10.21%
• Return on Equity: 25.14%
• Return on Assets: 3.74%

Debt

• Debt-to-Equity Ratio: 0.59
• Current Ratio: 1.44
• Quick Ratio: 1.44

Sales & Book Value

• Annual Sales: $1.16 billion
• Price / Sales: 0.66
• Cash Flow: $8.04 per share
• Price / Cash Flow: 6.48
• Book Value: $30.83 per share
• Price / Book: 1.69

Miscellaneous

• Outstanding Shares: 14,740,000
• Free Float: 7,104,000
• Market Cap: $768.40 million
• Optionable: No Data
• Beta: 1.92