Enova International
ENVA

$77.28

4.4%

Market Cap: $2.04B

About: Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers mainly in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. The majority of revenue comes from the United States. The company realizes similar amounts of revenue from each of its three different products: short-term loans, lines of credit, and installment loans.

Employees: 1,675

Financials Personal Credit Institutions

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

95% more call options, than puts

Call options by funds: $15.3M | Put options by funds: $7.83M

43% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 30

6% more funds holding

Funds holding: 235 [Q1] → 248 (+13) [Q2]

0.48% more ownership

Funds ownership: 90.65% [Q1] → 91.12% (+0.48%) [Q2]

4% less capital invested

Capital invested by funds: $1.6B [Q1] → $1.54B (-$65.9M) [Q2]

7% less repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 85

17% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]

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Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$76

2%

downside

Avg. target

$86

12%

upside

High target

$93

20%

upside

3 analyst ratings

2 positive

67%

1 neutral

33%

0 negative

0%

BTIG Vincent Caintic 69% 1-year accuracy 11 / 16 met price target	16%upside $90	Buy Initiated	14 Aug 2024
TD Cowen Moshe Orenbuch 64% 1-year accuracy 9 / 14 met price target	2%downside $76	Hold Maintained	24 Jul 2024
JMP Securities David Scharf 69% 1-year accuracy 37 / 54 met price target	20%upside $93	Market Outperform Maintained	24 Jul 2024

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Financial journalist opinion

Based on 6 articles about ENVA published over the past 30 days

Zacks Investment Research

Enova International (ENVA) Is Attractively Priced Despite Fast-paced Momentum

Enova International (ENVA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Enova International (ENVA) Is Attractively Priced Despite Fast-paced Momentum

Zacks Investment Research

Enova (ENVA) Announces New $300M Share Repurchase Program

Enova's (ENVA) new share buyback program worth $300 million replaces the existing program. The company's strong liquidity position is expected to help it sustain capital distributions.

Enova (ENVA) Announces New $300M Share Repurchase Program

Zacks Investment Research

Is Enova International (ENVA) a Solid Growth Stock? 3 Reasons to Think "Yes"

Enova International (ENVA) possesses solid growth attributes, which could help it handily outperform the market.

Is Enova International (ENVA) a Solid Growth Stock? 3 Reasons to Think "Yes"

ENOVA ANNOUNCES CLOSING OF $500.0 MILLION OF SENIOR UNSECURED NOTES DUE 2029

CHICAGO , Aug. 12, 2024 /PRNewswire/ -- Today, Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company"), a leading financial services company powered by machine learning and world-class analytics, issued $500 million in aggregate principal amount of Senior Notes due 2029 (the "Notes"). The Notes were offered at a price of 100.000% of the principal amount and will bear interest at 9.125% per annum.

ENOVA ANNOUNCES CLOSING OF $500.0 MILLION OF SENIOR UNSECURED NOTES DUE 2029

ENOVA ANNOUNCES NEW $300 MILLION SHARE REPURCHASE PROGRAM

CHICAGO , Aug. 12, 2024 /PRNewswire/ -- Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company"), a leading financial services company powered by machine learning and world-class analytics, today announced that its Board of Directors has authorized a new share repurchase program totaling $300 million that expires December 31, 2025. Enova's existing $300 million repurchase program that would have expired on December 31, 2024 will terminate and be replaced by this new program.

ENOVA ANNOUNCES NEW $300 MILLION SHARE REPURCHASE PROGRAM

Enova International, Inc. Announces Early Tender Results and Receipt of Requisite Consents

CHICAGO , Aug. 12, 2024 /PRNewswire/ -- Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company") announced today the early tender results in connection with its previously announced cash tender offer (the "Tender Offer") for any and all of the outstanding U.S.$375,000,000 aggregate principal amount of its 8.500% Senior Notes due 2025 (the "Notes"). The Company also announced receipt of the requisite consents in connection with its previously announced consent solicitation (the "Consent Solicitation") from the holders of the Notes (the "Holders") for the adoption of Proposed Amendments (as defined below).

Enova International, Inc. Announces Early Tender Results and Receipt of Requisite Consents

Enova Announces New Board Member Lindsay Corby

CHICAGO , Aug. 7, 2024 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, announced today that Lindsay Corby will join Enova's Board of Directors, effective immediately. "We are excited to welcome Lindsay to Enova's Board," said David Fisher, Enova CEO.

Enova Announces New Board Member Lindsay Corby

Zacks Investment Research

3 Reasons Why Growth Investors Shouldn't Overlook Enova International (ENVA)

Enova International (ENVA) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Growth Investors Shouldn't Overlook Enova International (ENVA)

Zacks Investment Research

Enova International (ENVA) Is Up 12.75% in One Week: What You Should Know

Does Enova International (ENVA) have what it takes to be a top stock pick for momentum investors? Let's find out.

Enova International (ENVA) Is Up 12.75% in One Week: What You Should Know

Zacks Investment Research

Enova International (ENVA) Shows Fast-paced Momentum But Is Still a Bargain Stock

Enova International (ENVA) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Enova International (ENVA) Shows Fast-paced Momentum But Is Still a Bargain Stock

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