Wall Street Zen upgraded shares of Atlanticus (NASDAQ:ATLC – Free Report) from a buy rating to a strong-buy rating in a research note released on Saturday morning.
ATLC has been the topic of a number of other research reports. Citizens Jmp raised their price objective on shares of Atlanticus from $100.00 to $102.00 and gave the stock a “market outperform” rating in a report on Tuesday, March 17th. Zacks Research raised shares of Atlanticus from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. B. Riley Financial raised their price objective on shares of Atlanticus from $90.00 to $98.00 and gave the stock a “buy” rating in a report on Monday, March 23rd. Finally, Weiss Ratings raised shares of Atlanticus from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Atlanticus currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.25.
Check Out Our Latest Analysis on Atlanticus
Atlanticus Stock Performance
Atlanticus (NASDAQ:ATLC – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The credit services provider reported $2.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.54. The company had revenue of $679.59 million for the quarter, compared to the consensus estimate of $749.36 million. Atlanticus had a net margin of 5.86% and a return on equity of 24.04%. As a group, equities research analysts expect that Atlanticus will post 8.48 earnings per share for the current year.
Hedge Funds Weigh In On Atlanticus
Several large investors have recently added to or reduced their stakes in ATLC. Murphy & Mullick Capital Management Corp purchased a new position in Atlanticus during the third quarter valued at approximately $38,000. Advisory Services Network LLC purchased a new position in Atlanticus during the third quarter valued at approximately $47,000. Jones Financial Companies Lllp purchased a new position in Atlanticus during the first quarter valued at approximately $71,000. AlphaQuest LLC lifted its holdings in Atlanticus by 20,442.9% during the third quarter. AlphaQuest LLC now owns 1,438 shares of the credit services provider’s stock valued at $84,000 after purchasing an additional 1,431 shares in the last quarter. Finally, Inspire Investing LLC purchased a new position in Atlanticus during the first quarter valued at approximately $87,000. Hedge funds and other institutional investors own 14.15% of the company’s stock.
Key Stories Impacting Atlanticus
Here are the key news stories impacting Atlanticus this week:
- Positive Sentiment: Atlanticus reported Q1 2026 earnings of $2.23 per share, well ahead of analyst estimates, which signals stronger-than-expected profitability. Atlanticus Holdings Corporation (ATLC) Q1 Earnings Surpass Estimates
- Positive Sentiment: The company said first-quarter results were driven by strong asset-level performance and continued acquisition integration, suggesting operational momentum remains intact. Atlanticus Reports First Quarter 2026 Financial Results
- Positive Sentiment: Atlanticus was added to the Zacks Rank #1 (Strong Buy) list and the Zacks value-stock list, which can boost investor confidence and attract momentum buyers. New Strong Buy Stocks for May 8th Best Value Stocks to Buy for May 8th
- Neutral Sentiment: A separate earnings presentation and media coverage further highlighted the quarter’s results, reinforcing the same earnings-driven narrative. Atlanticus Holdings Corporation 2026 Q1 – Results – Earnings Call Presentation Atlanticus Holdings (NASDAQ:ATLC) surprises with strong Q1 CY2026
Atlanticus Company Profile
Atlanticus Holdings Corporation is a specialty financial services holding company that provides credit products and solutions to consumers across the United States. Through its subsidiaries, the company offers proprietary credit card programs, installment loan products and deposit accounts designed to serve customers who may have limited access to traditional credit. Atlanticus markets its offerings through a variety of channels, including direct‐to‐consumer online platforms, mail order, call centers and partnerships with retail and e-commerce businesses.
The company underwrites and services credit card portfolios under private-label and co-branded agreements, combining technology‐enabled underwriting with tailored customer service.
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