Atlanticus HoldingsATLC
ATLC
About: Atlanticus Holdings Corp invests in the financial services industry. It provides various credit and related financial services and products to or associated with the financially underserved consumer credit market. The operating business segments are the Credit as a Service and the Auto Finance segment. It generates maximum revenue from the Credit as a Service segment.
Employees: 386
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
32% more capital invested
Capital invested by funds: $57.6M [Q2] → $75.9M (+$18.3M) [Q3]
0.85% more ownership
Funds ownership: 13.82% [Q2] → 14.67% (+0.85%) [Q3]
0% more funds holding
Funds holding: 60 [Q2] → 60 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$54
6%
downside
Avg. target
$63
10%
upside
High target
$75
30%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
JMP Securities David Scharf 77% 1-year accuracy 40 / 52 met price target | 30%upside $75 | Market Outperform Maintained | 3 Dec 2024 |
B. Riley Securities Steve Moss 88% 1-year accuracy 14 / 16 met price target | 22%upside $70 | Buy Maintained | 21 Nov 2024 |
Stephens & Co. Kyle Joseph 17% 1-year accuracy 1 / 6 met price target | 6%downside $54 | Overweight Initiated | 13 Nov 2024 |
BTIG Vincent Caintic 61% 1-year accuracy 11 / 18 met price target | 6%downside $54 | Buy Maintained | 12 Nov 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
Should Value Investors Buy Atlanticus (ATLC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
GlobeNewsWire
1 month ago
Atlanticus Announces Approval of Quarterly Preferred Stock Dividend
ATLANTA, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” the “Company,” “we” or “our”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced that its Board of Directors approved a quarterly dividend of $0.476563 per share to Series B Cumulative Perpetual Preferred shareholders. The cash dividend will be paid on or about December 16, 2024 to holders of record of Atlanticus' Series B Cumulative Perpetual Preferred Stock on the close of business on December 1, 2024.
Positive
Zacks Investment Research
1 month ago
Atlanticus Holdings Corporation (ATLC) Q3 Earnings and Revenues Surpass Estimates
Atlanticus Holdings Corporation (ATLC) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.03 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Atlanticus Reports Third Quarter 2024 Financial Results
Third Quarter 2024 Total operating revenue growth of 19.0% over prior year, with 3.7 million accounts served (1) Third Quarter 2024 Total operating revenue growth of 19.0% over prior year, with 3.7 million accounts served (1)
Neutral
GlobeNewsWire
4 months ago
Atlanticus Announces Approval of Quarterly Preferred Stock Dividend
ATLANTA, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” the “Company,” “we” or “our”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced that its Board of Directors approved a quarterly dividend of $0.476563 per share to Series B Cumulative Perpetual Preferred shareholders. The cash dividend will be paid on or about September 15, 2024 to holders of record of Atlanticus' Series B Cumulative Perpetual Preferred Stock on the close of business on September 1, 2024.
Neutral
GlobeNewsWire
4 months ago
Atlanticus Reports Second Quarter 2024 Financial Results
Second Quarter 2024 Total operating revenue growth of 8.6% over prior year, with 3.6 million accounts served (1), allowing for continued strong results Second Quarter 2024 Total operating revenue growth of 8.6% over prior year, with 3.6 million accounts served (1), allowing for continued strong results
Negative
Zacks Investment Research
4 months ago
Analysts Estimate Atlanticus Holdings Corporation (ATLC) to Report a Decline in Earnings: What to Look Out for
Atlanticus (ATLC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
5 months ago
Atlanticus Closes $60 Million Principal Amount of 9.25% Senior Notes Due 2029 in Add-On Offering
ATLANTA, July 26, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” “the Company”, “we,” “our” or “us”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced the closing of its previously-announced underwritten registered public add-on offering of its 9.25% Senior Notes due 2029 (the “Additional Notes”). The Company consummated the issuance and sale of a total of $60 million aggregate principal amount of the Additional Notes (the “Offering”), which included $55 million principal amount offered plus $5 million principal amount upon exercise of the underwriters' option.
Neutral
GlobeNewsWire
5 months ago
Atlanticus Prices $55,000,000 Principal Amount Add-On Offering of 9.25% Senior Notes Due 2029
ATLANTA, July 25, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” “the Company”, “we,” “our” or “us”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced the pricing of its underwritten registered public add-on offering (the “Add-On Offering”) of $55,000,000 aggregate principal amount of its 9.25% Senior Notes due 2029 (the “Additional Notes”), at a public offering price of $24.70 per Additional Note. The Company has granted the underwriters an option to purchase up to an additional $8,250,000 aggregate principal amount of the Additional Notes in connection with the Add-On Offering. The Add-On Offering is expected to close on or about July 26, 2024, subject to customary closing conditions.
Neutral
GlobeNewsWire
5 months ago
Atlanticus Announces Add-On Offering of 9.25% Senior Notes Due 2029
ATLANTA, July 23, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” “the Company”, “we,” “our” or “us”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced it has commenced an underwritten registered public add-on offering (the “Add-On Offering”) of its 9.25% Senior Notes due 2029 (the “Additional Notes”). The Company expects to grant the underwriters an option to purchase more Additional Notes in connection with the Add-On Offering.
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