FY2025 EPS Estimates for Atlanticus Holdings Co. Cut by B. Riley (NASDAQ:ATLC)

Atlanticus Holdings Co. (NASDAQ:ATLC) – Research analysts at B. Riley lowered their FY2025 earnings per share (EPS) estimates for shares of Atlanticus in a note issued to investors on Tuesday, September 10th. B. Riley analyst M. Howlett now forecasts that the credit services provider will post earnings per share of $6.15 for the year, down from their prior forecast 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) last issued its quarterly earnings results on Thursday, August 8th. The credit services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.12. Atlanticus had a net margin of 8.42% and a return on equity of 25.32%. The business had revenue of $315.64 million during the quarter, compared to analyst estimates of $309.74 million.

A number of other equities analysts also recently commented on the company. JMP Securities reiterated a “market outperform” rating and issued a $39.00 price target on shares of Atlanticus in a research note on Tuesday, May 28th. StockNews.com upgraded Atlanticus from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 9th. BTIG Research assumed coverage on Atlanticus in a research report on Friday, June 7th. They set a “buy” rating and a $45.00 price target on the stock. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Atlanticus in a report on Wednesday, May 22nd. They issued a “market perform” rating and a $33.00 price objective for the company. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $39.25.

Atlanticus Price Performance

ATLC opened at $30.78 on Thursday. The company has a market capitalization of $455.30 million, a P/E ratio of 7.26 and a beta of 1.94. The company has a 50-day moving average of $33.04 and a 200-day moving average of $29.71. 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 1-year low of $23.09 and a 1-year high of $39.53.

Hedge Funds Weigh In On Atlanticus

Several institutional investors have recently modified their holdings of ATLC. Dimensional Fund Advisors LP grew its position 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 during the last quarter. Vanguard Group Inc. boosted its position in shares of Atlanticus by 1.0% during the first quarter. Vanguard Group Inc. now owns 258,689 shares of the credit services provider’s stock worth $7,655,000 after buying an additional 2,453 shares during the period. Denali Advisors LLC grew its holdings in Atlanticus by 5.2% in the 1st 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 increased its position in Atlanticus by 65.5% in the 1st quarter. BNP Paribas Financial Markets now owns 2,324 shares of the credit services provider’s stock valued at $69,000 after acquiring an additional 920 shares during the period. Finally, Empowered Funds LLC raised its stake in Atlanticus by 7.5% during the 1st quarter. Empowered Funds LLC now owns 15,094 shares of the credit services provider’s stock valued at $447,000 after acquiring an additional 1,050 shares in the last quarter. Institutional investors own 14.15% of the company’s stock.

Insider Buying and Selling at Atlanticus

In other news, Director Deal W. Hudson sold 1,200 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $32.75, for a total transaction of $39,300.00. Following the sale, the director now directly owns 67,455 shares in the company, valued at approximately $2,209,151.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 51.80% of the stock is currently owned by insiders.

About Atlanticus

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.