Atlanticus Holdings Co. (NASDAQ:ATLC – Free Report) – Equities research analysts at B. Riley lowered their FY2025 earnings per share estimates for shares of Atlanticus in a report released on Tuesday, September 10th. B. Riley analyst M. Howlett now forecasts that the credit services provider will earn $6.15 per share for the year, down from their previous estimate of $7.00. The consensus estimate for Atlanticus’ current full-year earnings is $4.65 per share. B. Riley also issued estimates for Atlanticus’ FY2026 earnings at $7.40 EPS.
Atlanticus (NASDAQ:ATLC – Get Free Report) last posted its earnings results on Thursday, August 8th. The credit services provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.12. The firm had revenue of $315.64 million during the quarter, compared to analysts’ expectations of $309.74 million. Atlanticus had a net margin of 8.42% and a return on equity of 25.32%.
Check Out Our Latest Research Report on ATLC
Atlanticus Trading Up 0.7 %
Shares of Atlanticus stock opened at $30.78 on Thursday. The firm has a 50-day simple moving average of $33.03 and a two-hundred day simple moving average of $29.70. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.43 and a current ratio of 1.43. Atlanticus has a fifty-two week low of $23.09 and a fifty-two week high of $39.53. The company has a market cap of $455.30 million, a P/E ratio of 7.26 and a beta of 1.94.
Insider Transactions at Atlanticus
In other news, Director Deal W. Hudson sold 1,200 shares of the company’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $32.75, for a total transaction of $39,300.00. Following the completion of the sale, the director now owns 67,455 shares of the company’s stock, valued at $2,209,151.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 51.80% of the company’s stock.
Hedge Funds Weigh In On Atlanticus
Institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its stake in Atlanticus by 1.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 602,272 shares of the credit services provider’s stock worth $23,290,000 after purchasing an additional 7,234 shares in the last quarter. Denali Advisors LLC lifted its position in Atlanticus by 5.2% during the first quarter. Denali Advisors LLC now owns 26,040 shares of the credit services provider’s stock worth $771,000 after buying an additional 1,285 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Atlanticus by 65.5% during the first quarter. BNP Paribas Financial Markets now owns 2,324 shares of the credit services provider’s stock worth $69,000 after buying an additional 920 shares during the last quarter. Empowered Funds LLC grew its holdings in Atlanticus by 7.5% in the 1st quarter. Empowered Funds LLC now owns 15,094 shares of the credit services provider’s stock valued at $447,000 after buying an additional 1,050 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Atlanticus by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 258,689 shares of the credit services provider’s stock valued at $7,655,000 after buying an additional 2,453 shares in the last quarter. 14.15% of the stock is currently owned by institutional investors and hedge funds.
Atlanticus Company Profile
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.
Further Reading
- Five stocks we like better than Atlanticus
- How to Invest in the Best Canadian StocksĀ
- Analysts Recommend These 3 Sector ETFs for Long-Term Growth
- How to Use Stock Screeners to Find Stocks
- Can Roblox Really Grow to 1 Billion Active Daily Users?
- How to Invest in Blue Chip Stocks
- Biotech Breakout: Stocks for Your Watchlist
Receive News & Ratings for Atlanticus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlanticus and related companies with MarketBeat.com's FREE daily email newsletter.