Enova International (NYSE:ENVA – Get Free Report) issued its earnings results on Thursday. The credit services provider reported $4.48 earnings per share for the quarter, topping the consensus estimate of $4.42 by $0.06, FiscalAI reports. Enova International had a net margin of 10.31% and a return on equity of 26.66%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the prior year, the firm posted $3.36 EPS. Enova International’s quarterly revenue was up 25.7% compared to the same quarter last year.
Here are the key takeaways from Enova International’s conference call:
- Enova reported strong third-quarter growth, with originations up 31% year over year to $2.6 billion, revenue up 26% to more than $1 billion, and adjusted EPS up 33% to $4.48.
- Credit performance remained stable to improving: consolidated net charge-offs fell to 8.1% from 8.5% a year earlier, while SMB charge-offs held at 4.8% and the company said consumer demand and small-business confidence remained resilient.
- Management expects fourth-quarter revenue to rise about 25% year over year and adjusted EPS to increase 30%–35%, supported by continued portfolio growth, operating leverage, and stable funding costs.
- Enova increased share repurchases to $46 million in the quarter and said it would remain opportunistic, while ending September with $1.3 billion of liquidity and additional debt-facility capacity.
- Management expects consolidated net revenue margin to moderate to 55%–60% in the fourth quarter, with consumer margins trending toward a more typical 50% as recent vintages season; third-quarter marketing expense also rose to 23% of revenue.
Enova International Stock Down 2.2%
Shares of ENVA opened at $176.02 on Friday. The stock has a market capitalization of $4.38 billion, a price-to-earnings ratio of 12.89 and a beta of 1.28. Enova International has a 1 year low of $111.93 and a 1 year high of $267.45. The business’s 50 day simple moving average is $202.49 and its 200-day simple moving average is $199.36. The company has a debt-to-equity ratio of 3.35, a current ratio of 18.42 and a quick ratio of 18.42.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on ENVA shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a report on Thursday, October 15th. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 22nd. Jefferies Financial Group dropped their price objective on Enova International from $300.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, October 7th. Citigroup reiterated a “market outperform” rating on shares of Enova International in a research report on Friday. Finally, Zacks Research downgraded Enova International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 16th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $230.83.
Read Our Latest Analysis on Enova International
Insider Activity at Enova International
In related news, Chairman David Fisher sold 20,750 shares of the firm’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $178.24, for a total value of $3,698,480.00. Following the completion of the transaction, the chairman directly owned 306,444 shares of the company’s stock, valued at approximately $54,620,578.56. This trade represents a 6.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 39,319 shares of company stock worth $8,185,473. 8.40% of the stock is currently owned by corporate insiders.
Key Headlines Impacting Enova International
Here are the key news stories impacting Enova International this week:
- Positive Sentiment: Enova delivered record quarterly revenue above $1 billion, up 25.7% year over year, while originations increased 31%. Adjusted EPS rose 33% to $4.48, exceeding analysts’ estimates near $4.42–$4.46. Enova Reports Third Quarter 2026 Results
- Positive Sentiment: Management highlighted broad portfolio growth and a record loan book, indicating continued demand for Enova’s online lending products. Revenue growth, higher originations and improved earnings support the company’s near-term operating momentum. Enova Tops $1 Billion Quarterly Revenue as Online Lending Surges
- Neutral Sentiment: The quarterly report showed diluted EPS of $4.06 and adjusted EPS of $4.48, with return on equity of 26.66% and a 10.31% net margin. Investors will likely focus on future credit performance and loan growth as the lending platform expands. Enova International Q3 Adjusted Earnings, Revenue Rise
- Negative Sentiment: Enova’s planned Grasshopper Bank transaction was terminated, removing a potential strategic benefit from the company’s plans and likely raising questions about its future funding and banking strategy. This setback may be overshadowing the earnings beat. Blue Tower on Enova International’s Grasshopper Bank Deal Termination
About Enova International
Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. Its offerings include consumer installment loans and lines of credit, as well as small-business financing products designed to provide access to working capital. The company serves customers who may have limited access to traditional bank credit and uses data-driven underwriting and technology-enabled platforms in its lending operations.
Enova markets its products through brands including CashNetUSA and NetCredit, which provide consumer financial services, and OnDeck, which focuses on lending to small businesses.
Read More
- Five stocks we like better than Enova International
- 3 Stocks With Yields Big Enough to Make Election Volatility Easier to Stomach
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
Receive News & Ratings for Enova International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enova International and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
