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NASDAQ:ATLC

Atlanticus (ATLC) Stock Price, News & Analysis

Atlanticus logo
$48.58 -0.62 (-1.26%)
(As of 11/15/2024 ET)

About Atlanticus Stock (NASDAQ:ATLC)

Key Stats

Today's Range
$47.25
$49.15
50-Day Range
$30.56
$49.20
52-Week Range
$23.09
$49.53
Volume
57,217 shs
Average Volume
24,040 shs
Market Capitalization
$716.07 million
P/E Ratio
10.92
Dividend Yield
N/A
Price Target
$48.75
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
45th Percentile Overall Score

ATLC MarketRank™: 

Atlanticus scored higher than 45% of companies evaluated by MarketBeat, and ranked 703rd out of 963 stocks in the finance 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 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Atlanticus has only been the subject of 3 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 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 10.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Atlanticus is 10.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.10.

  • Price to Book Value per Share Ratio

    Atlanticus has a P/B Ratio of 1.58. 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

    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 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

    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 Sentiment

    Atlanticus has a news sentiment score of 0.83. 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 0.68 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 10 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.
  • 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

Atlanticus (NASDAQ:ATLC) Now Covered by Stephens
How one pattern has averaged an 85% return per year since the pandemic.
Over the last 5 years Roger Scott has done some pretty incredible things… He’s found hundreds of winning opportunities… He’s created some incredible strategies… And he’s even designed some amazing tools… But there is one thing he’s always kept close to the chest… And in this case, it’s been a very particular stock market pattern…. A pattern he calls the World's Most Predictable Pattern…
Atlanticus Reports Third Quarter 2024 Financial Results
Atlanticus Holdings: Subprime Still Shines
See More Headlines

ATLC Stock Analysis - Frequently Asked Questions

Atlanticus' stock was trading at $38.67 at the start of the year. Since then, ATLC shares have increased by 25.6% and is now trading at $48.58.
View the best growth stocks for 2024 here
.

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

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
.

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
11/07/2024
Today
11/17/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/03/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:ATLC
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
+0.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$102.85 million
Pretax Margin
10.21%

Debt

Sales & Book Value

Annual Sales
$1.16 billion
Cash Flow
$8.22 per share
Book Value
$30.83 per share

Miscellaneous

Free Float
7,104,000
Market Cap
$716.07 million
Optionable
No Data
Beta
1.92

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This page (NASDAQ:ATLC) was last updated on 11/17/2024 by MarketBeat.com Staff
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