Enova InternationalENVA
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
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]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
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 |
Financial journalist opinion
Based on 6 articles about ENVA published over the past 30 days