Enova International (NYSE:ENVA) Price Target Lowered to $220.00 at TD Cowen

Enova International (NYSE:ENVA) had its price objective reduced by analysts at TD Cowen from $257.00 to $220.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the credit services provider’s stock. TD Cowen’s target price indicates a potential upside of 27.43% from the company’s current price.

Several other equities research analysts have also recently weighed in on the company. Citigroup restated a “market outperform” rating on shares of Enova International in a report on Tuesday. Jefferies Financial Group boosted their price objective on Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Zacks Research raised Enova International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 29th. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $232.50.

Enova International Trading Down 23.8%

Shares of Enova International stock traded down $54.07 during trading on Tuesday, reaching $172.65. The company’s stock had a trading volume of 404,228 shares, compared to its average volume of 304,617. Enova International has a 52-week low of $103.02 and a 52-week high of $267.45. The company has a market cap of $4.30 billion, a price-to-earnings ratio of 12.64 and a beta of 1.21. The firm’s 50-day moving average is $240.76 and its two-hundred day moving average is $192.01. The company has a quick ratio of 18.42, a current ratio of 18.42 and a debt-to-equity ratio of 3.35.

Enova International (NYSE:ENVA) last posted its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share 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 the consensus estimate of $909.61 million. During the same period in the previous year, the firm posted $3.23 earnings per share. The firm’s revenue for the quarter was up 21.6% on a year-over-year basis. On average, sell-side analysts anticipate that Enova International will post 16.3 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Mark Tebbe sold 20,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $201.37, for a total value 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 trade represents a 28.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman David Fisher sold 9,078 shares of Enova International stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $239.16, for a total transaction of $2,171,094.48. Following the completion of the sale, the chairman owned 306,444 shares in the company, valued at approximately $73,289,147.04. This trade represents a 2.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 71,629 shares of company stock worth $15,094,986. Corporate insiders own 8.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System lifted its stake in shares of Enova International by 23,319.0% in the 2nd 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. Geode Capital Management LLC raised its holdings in Enova International by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock worth $96,095,000 after purchasing an additional 18,258 shares in the last quarter. Amundi lifted its position in Enova International by 66.6% during the second 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 period. Bank of New York Mellon Corp purchased a new stake in shares of Enova International in the 2nd quarter worth about $38,453,000. Finally, Tieton Capital Management LLC purchased a new position in Enova International during the 2nd quarter valued at about $26,577,000. 89.43% of the stock is currently owned by institutional investors.

Trending Headlines about Enova International

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

About Enova International

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.