Wall Street Zen upgraded shares of Enova International (NYSE:ENVA – Free Report) from a buy rating to a strong-buy rating in a research report released on Saturday morning.
ENVA has been the topic of a number of other reports. BTIG Research raised their price target on shares of Enova International from $199.00 to $270.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Jefferies Financial Group boosted their price objective on shares of Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Zacks Research lowered shares of Enova International from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. TD Cowen raised their target price on shares of Enova International from $250.00 to $257.00 and gave the stock a “buy” rating in a report on Friday. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a research report on Friday, July 17th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Enova International currently has a consensus rating of “Moderate Buy” and a consensus price target of $247.83.
Read Our Latest Analysis on ENVA
Enova International Stock Up 8.9%
Enova International (NYSE:ENVA – Get Free Report) last posted its earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share for the quarter, topping analysts’ consensus estimates of $3.96 by $0.35. The company had revenue of $928.93 million during the quarter, compared to the consensus estimate of $909.61 million. Enova International had a return on equity of 27.44% and a net margin of 10.31%.The company’s revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the firm earned $3.23 earnings per share. On average, equities analysts anticipate that Enova International will post 15.37 earnings per share for the current year.
Insider Buying and Selling
In related news, Director Mark Tebbe sold 20,000 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $201.37, for a total transaction of $4,027,400.00. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William M. Goodyear sold 6,231 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $166.08, for a total transaction of $1,034,844.48. Following the sale, the director owned 68,740 shares in the company, valued at $11,416,339.20. The trade was a 8.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 106,882 shares of company stock worth $19,757,389 over the last three months. Company insiders own 8.40% of the company’s stock.
Hedge Funds Weigh In On Enova International
Hedge funds and other institutional investors have recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new stake in shares of Enova International during the 4th quarter worth approximately $31,000. McIlrath & Eck LLC bought a new position in Enova International in the first quarter valued at approximately $34,000. Farther Finance Advisors LLC increased its stake in Enova International by 26.9% in the fourth quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after acquiring an additional 64 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Enova International by 350.0% during the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock valued at $50,000 after purchasing an additional 350 shares in the last quarter. Finally, Pacer Advisors Inc. raised its position in Enova International by 58.5% during the first quarter. Pacer Advisors Inc. now owns 412 shares of the credit services provider’s stock valued at $56,000 after purchasing an additional 152 shares in the last quarter. 89.43% of the stock is currently owned by institutional investors and hedge funds.
Key Enova International News
Here are the key news stories impacting Enova International this week:
- Positive Sentiment: Enova delivered Q2 results that beat expectations, with adjusted EPS of $4.31 and revenue of $928.93 million, both above forecasts and up sharply year over year. Enova Reports Second Quarter 2026 Results
- Positive Sentiment: Management highlighted strong operating trends, including 27% originations growth, improving credit quality, and a lower net charge-off ratio, which supports the company’s lending outlook. Resilient Shoppers and Confident Small Businesses Drive Enova Lending to Record High
- Positive Sentiment: TD Cowen raised its price target on ENVA to $257 from $250 and maintained a buy rating, signaling continued analyst confidence after the earnings beat. Benzinga report on TD Cowen price target increase
- Neutral Sentiment: Several earnings-call summaries and transcripts pointed to strong growth and strategic execution, reinforcing the positive quarterly narrative without adding materially new information. Enova International Inc (ENVA) Q2 2026 Earnings Call Highlights: Strong Growth and Strategic Moves
- Negative Sentiment: Some coverage noted that the shares pulled back as costs rose year over year, suggesting investors are watching expense growth even after the beat. Enova Q2 Earnings Beat on Higher Revenues, Stock Dips as Costs Rise Y/Y
Enova International Company Profile
Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.
In addition to its U.S.
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