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.
The consensus price target hints at a 41.6% upside potential for Atlanticus (ATLC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
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.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NA Nizar Araji National Bank Of Canada /FI/ | 296 | $30,863.92 | $27,687.84 | -$3,176.08 | -10.29% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 318 | $16,685.46 | $29,504.04 | $12,818.58 | 76.82% |
| MB Mitchel Bialek Css LLC/IL | 165,002 | $462,005.6 | $15.18M | $14.72M | 3,186.43% |
| JH Jayme Herbstreit Argent Capital Management LLC | 8,460 | $865,035 | $770,452.2 | -$94,582.8 | -10.93% |
| CD Charlie Durham Sterling Capital Management LLC | 18 | $1,054.43 | $1,639.26 | $584.83 | 55.46% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| HG Hal Goetsch B. Riley Securities | 1,611.41 | $155,839.89 | $149,539.26 | -$6,300.63 | -4.04% |
| Financial Services Industry | Financials Sector | Jeffrey A. Howard CEO | NASDAQ (NGS) Exchange | 04914Y102 CUSIP |
| US Country | 576 Employees | 6 May 2015 Last Dividend | - Last Split | 23 Apr 1999 IPO Date |
Atlanticus Holdings Corporation is an innovative financial technology company that has been dedicated to providing a wide range of credit and related financial services and products primarily across the United States since its inception in 1996. With its headquarters located in Atlanta, Georgia, Atlanticus operates through two primary segments: Credit as a Service, and Auto Finance. The company focuses on delivering solutions that cater to the financial needs of consumers, leveraging technology to originate consumer loan products, service loans, and manage credit risk. Additionally, Atlanticus engages in strategic investments in consumer finance technology platforms, aiming to enhance its service offerings and market reach.
This segment encompasses the origination of a diverse array of consumer loan products including both private label and general purpose credit cards. These products are generated by lenders through multiple channels such as retail and healthcare outlets, direct mail solicitation, digital marketing campaigns, and collaborations with third-party organizations. Atlanticus’s Credit as a Service also facilitates consumer access to credit for purchases in various sectors including consumer electronics, furniture, elective medical procedures, healthcare services, and home-improvement projects. This is achieved by establishing partnerships with retailers, healthcare providers, and other service purveyors. In addition to these offerings, the segment provides loan servicing which includes risk management and customer service outsourcing for third parties, and is also involved in the testing and investment in consumer finance technology platforms.
Through the Auto Finance segment, Atlanticus purchases and/or services automobile-secured loans from a carefully selected network of independent automotive dealers and automotive finance companies operating within the buy-here, pay-here, and used car segments. This division extends beyond loan purchases to include the provision of floor plan financing and installment lending products designed for the automotive industry. Additionally, the company has made strides in investing in and servicing portfolios of credit card receivables, further broadening its scope within the financial services sector.