10-May-2024
Enova’s OnDeck Launches $399.6M Asset-Backed Securities Offering
TipRanks (Thu, 9-May 5:22 PM ET)
Enova International Plans Asset-Backed Notes Offering
TipRanks (Mon, 6-May 1:12 PM ET)
Enova Reports First Quarter 2024 Results
PRNewswire (Tue, 23-Apr 4:16 PM ET)
Enova Announces Date of First Quarter 2024 Financial Results Conference Call
PRNewswire (Tue, 9-Apr 4:16 PM ET)
PRNewswire (Thu, 15-Feb 9:00 AM ET)
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.
Enova International trades on the NYSE stock market under the symbol ENVA.
As of May 10, 2024, ENVA stock price climbed to $63.20 with 115,272 million shares trading.
ENVA has a beta of 1.41, meaning it tends to be more sensitive to market movements. ENVA has a correlation of 0.24 to the broad based SPY ETF.
ENVA has a market cap of $1.71 billion. This is considered a Small Cap stock.
Last quarter Enova International reported $610 million in Revenue and $1.91 earnings per share. This beat revenue expectation by $25 million and exceeded earnings estimates by $.19.
In the last 3 years, ENVA stock traded as high as $65.00 and as low as $25.80.
The top ETF exchange traded funds that ENVA belongs to (by Net Assets): IJR, VTI, IWM, VXF, IJS.
ENVA has outperformed the market in the last year with a return of +48.3%, while the SPY ETF gained +28.4%. In the last 3 month period, ENVA beat the market returning +13.8%, while SPY returned +4.2%. However, in the most recent 2 weeks ENVA has underperformed the stock market by returning +1.2%, while SPY returned +3.4%.
ENVA support price is $61.68 and resistance is $64.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ENVA stock will trade within this expected range on the day.