Welcome to our dedicated page for Atlanticus Holdings Corporation news (Ticker: $ATLC), a resource for investors and traders seeking the latest updates and insights on Atlanticus Holdings Corporation stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Atlanticus Holdings Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Atlanticus Holdings Corporation's position in the market.
Rhea-AI Summary
Atlanticus Holdings (NASDAQ: ATLC) partners with Byte, a leading clear aligner provider, to offer a second look financing program through Fortiva Retail Credit. The program aims to provide more consumers with access to goods and services, specifically helping Byte consumers transform their smiles. The partnership leverages Fortiva Retail Credit's technology and underwriting to streamline the consumer application process at the point-of-sale, aligning with both companies' mission of making oral healthcare affordable and accessible.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
-
Rhea-AI Summary
Atlanticus Holdings Corporation (ATLC) reports a strong fourth quarter of 2023 with a 14.9% increase in operating revenue and 3.6 million accounts served. Managed receivables grew by 13.7% to $2.4 billion, with a return on average shareholders' equity of 20.7%. The company saw a purchase volume of $683.4 million and net income of $20.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.13%
Tags
-
Rhea-AI Summary
Atlanticus Holdings Corporation (ATLC) closes underwriters' option for 9.25% Senior Notes due 2029, raising $7.0 million in net proceeds. Notes listed on Nasdaq Global Select Market under symbol 'ATLCZ'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.19%
Tags
Rhea-AI Summary
Atlanticus Holdings Corporation (NASDAQ: ATLC) declares a quarterly dividend of $0.476563 per share to Series B Cumulative Perpetual Preferred shareholders, emphasizing its commitment to providing inclusive financial services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.04%
Tags
-
Rhea-AI Summary
Atlanticus Holdings Corporation (ATLC) announced the closing of a $50 million aggregate principal amount of 9.25% Senior Notes due 2029, resulting in net proceeds of approximately $48.3 million. The Company plans to use the net proceeds to redeem a portion of the Class B preferred units issued by one of its subsidiaries and/or for general corporate purposes. The Notes are approved for listing on the Nasdaq Global Select Market under the symbol 'ATLCZ'. The Offering was made pursuant to an effective shelf registration statement on Form S-3, initially filed with the SEC on May 6, 2021, and declared effective by the SEC on May 13, 2021.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
-
Rhea-AI Summary
Atlanticus Holdings Corporation (ATLC) has announced the pricing of its underwritten registered public offering of $50 million aggregate principal amount of 9.25% Senior Notes due 2029, with an option for underwriters to purchase an additional $7.5 million aggregate principal amount of the Notes. The Offering is expected to close soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
Rhea-AI Summary
Atlanticus Holdings Corporation (NASDAQ: ATLC) has announced the commencement of an underwritten registered public offering of Senior Notes due 2029. The Company expects to use the net proceeds to redeem a portion of the Class B preferred units issued by one of its subsidiaries and/or for general corporate purposes. The Company will apply to list the Notes on the Nasdaq Global Select Market under the symbol 'ATLCZ.' The issuance of Notes received an 'A' rating from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
-
Rhea-AI Summary
Atlanticus Holdings Corporation (NASDAQ: ATLC) Announces Quarterly Dividend for Series B Cumulative Perpetual Preferred Shareholders
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.83%
Tags
-
Rhea-AI Summary
Atlanticus Holdings Corporation (NASDAQ: ATLC) announced a receivables growth of 18.1% over the prior year, with over 3.4 million accounts served. Managed receivables increased by 12.9% to $2.3 billion, and total operating revenue increased by 6.1% to $294.9 million. Return on average shareholders’ equity was 20.4%, and net income attributable to common shareholders was $18.9 million. The company's conservative approach to underwriting led to growth across product offerings, despite some retail credit partners experiencing volume reductions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.99%
Tags
Rhea-AI Summary
Atlanticus Holdings Corporation has been named one of Fortune's 100 Fastest-Growing Companies for the third consecutive year. It ranked #28 on the list, based on growth in revenue, profits, and stock returns over the three-year period through June 30, 2023. Atlanticus is one of only six companies returning to the list for a third consecutive year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
Atlanticus Holdings Corporation
Nasdaq:ATLC
ATLC Rankings
ATLC Stock Data
411.83M
4.56M
67.57%
14.53%
2.34%
Credit Card Issuing
Finance and Insurance
United States of America
ATLANTA
About ATLC
atlanticus holdings corporation ("atlanticus") is a financial holding company with investments primarily in companies focused on providing financial services. our subsidiaries offer a broad array of financial products and services. www.atlanticus.com