Citizens Jmp Issues Pessimistic Forecast for Enova International (NYSE:ENVA) Stock Price

Enova International (NYSE:ENVA) had its price objective dropped by investment analysts at Citizens Jmp from $270.00 to $215.00 in a note issued to investors on Tuesday, Benzinga reports. The firm currently has a “market outperform” rating on the credit services provider’s stock. Citizens Jmp’s target price would suggest a potential downside of 5.18% from the stock’s current price.

ENVA has been the subject of several other research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a report on Friday, July 17th. Citigroup reiterated a “market outperform” rating on shares of Enova International in a research note on Tuesday. TD Cowen raised their price objective on Enova International from $250.00 to $257.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Jefferies Financial Group increased their price target on Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Finally, Wall Street Zen cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 22nd. One research analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $238.67.

Enova International Trading Up 1.5%

NYSE ENVA opened at $226.75 on Tuesday. Enova International has a 52 week low of $103.02 and a 52 week high of $267.45. The company has a debt-to-equity ratio of 3.35, a quick ratio of 18.42 and a current ratio of 18.42. The stock’s 50 day moving average price is $240.76 and its two-hundred day moving average price is $192.01. The stock has a market capitalization of $5.65 billion, a price-to-earnings ratio of 16.81 and a beta of 1.21.

Enova International (NYSE:ENVA) last announced its earnings results on Thursday, July 23rd. The credit services provider reported $4.31 EPS for the quarter, topping the consensus estimate of $3.99 by $0.32. Enova International had a net margin of 10.31% and a return on equity of 26.66%. The business had revenue of $928.93 million during the quarter, compared to analysts’ expectations of $909.61 million. During the same quarter in the prior year, the company posted $3.23 earnings per share. The firm’s revenue was up 21.6% on a year-over-year basis. As a group, analysts anticipate that Enova International will post 16.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Enova International news, Chairman David Fisher sold 9,078 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $239.16, for a total value of $2,171,094.48. Following the completion of the transaction, the chairman owned 306,444 shares of the company’s stock, valued at $73,289,147.04. This represents a 2.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mark Tebbe sold 20,000 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $201.37, for a total value of $4,027,400.00. Following the completion of the transaction, the director owned 50,029 shares of the company’s stock, valued at $10,074,339.73. This represents a 28.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 71,629 shares of company stock worth $15,094,986 in the last 90 days. 8.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Enova International

Hedge funds have recently modified their holdings of the business. California State Teachers Retirement System increased its holdings in Enova International by 23,319.0% in the second quarter. California State Teachers Retirement System now owns 6,887,767 shares of the credit services provider’s stock valued at $1,658,092,000 after purchasing an additional 6,858,356 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Enova International in the second quarter worth approximately $38,453,000. Tieton Capital Management LLC bought a new stake in Enova International in the second quarter valued at approximately $26,577,000. Alyeska Investment Group L.P. bought a new position in Enova International during the 2nd quarter worth approximately $25,749,000. Finally, Amundi raised its position in Enova International by 66.6% in the 2nd quarter. Amundi now owns 207,684 shares of the credit services provider’s stock valued at $49,996,000 after buying an additional 83,002 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

Key Enova International News

Here are the key news stories impacting Enova International this week:

• Positive Sentiment: Enova reaffirmed its 2026 earnings outlook and plans to accelerate share repurchases, which could support earnings per share and shareholder returns. Enova Withdraws Bank Regulatory Applications
• Positive Sentiment: Third-quarter EPS guidance of approximately $4.37 is slightly above the consensus estimate of $4.34. The company’s prior quarterly results also showed strong momentum, with revenue up 21.6% year over year and EPS exceeding expectations.
• Neutral Sentiment: Enova said the withdrawal is related to the regulatory applications for the Grasshopper transaction, while maintaining its broader financial outlook. Full-year 2026 EPS guidance of $16.85-$17.50 brackets the current consensus estimate of $17.02, and revenue guidance of $3.8 billion-$3.9 billion reaches the $3.9 billion consensus. Enova Reaffirms Earnings Guidance
• Negative Sentiment: Withdrawing the applications effectively halts the current regulatory process for the proposed Grasshopper Bancorp acquisition. Investors may view this as a setback to Enova’s plans to expand through a bank platform and as evidence that the transaction faced regulatory or execution hurdles. Enova Shares Fall as Applications Are Withdrawn

Enova International Company Profile

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. The company uses technology, data analytics and automated decision-making to offer credit products designed for customers who may have limited access to traditional bank financing.

Enova’s consumer finance brands include CashNetUSA and NetCredit, which offer products such as short-term and installment loans, lines of credit and other forms of personal credit, subject to applicable laws and eligibility requirements.