Atlanticus Holdings Corp Stock Price, News & Analysis

Atlanticus Holdings Corporation (NASDAQ: ATLC) has appointed Brian Stone as Chief Data Science and Risk Officer and Kas Naderi as Chief Information Officer. Stone will leverage over 20 years of experience in data science to enhance analytics across the organization, focusing on consumer marketing and customer service. Naderi, who has been with Atlanticus for seven years, will lead information technology systems and strengthen the company’s cloud infrastructure. The company aims to improve its financial services for everyday Americans through advanced technology and data analytics.

Atlanticus Holdings Corporation (NASDAQ: ATLC) has successfully closed the full over-allotment option for its public offering of 6.125% Senior Notes due 2026. This resulted in an additional issuance of 600,000 Notes, generating approximately $14.5 million in net proceeds after underwriting discounts and commissions. The Notes are traded on the Nasdaq Global Select Market under the symbol 'ATLCL'. The offering was conducted under an effective shelf registration statement filed with the SEC.

Atlanticus Holdings Corporation (NASDAQ: ATLC) has successfully closed an underwritten public offering of $135 million in 6.125% Senior Notes due 2026, generating net proceeds of approximately $130.3 million. Proceeds will be allocated for general corporate purposes. An option for underwriters to purchase an additional $15 million in Notes is available. The Notes are set to trade on Nasdaq under the symbol 'ATLCL' starting November 23, 2021. This offering was conducted under an effective shelf registration statement filed with the SEC.

Atlanticus Holdings Corporation (NASDAQ: ATLC) announced a public offering of $135 million in 6.125% Senior Notes due 2026. The offering includes a 30-day option for underwriters to purchase an additional $15 million. The expected closure date is around November 22, 2021. Proceeds will be utilized for general corporate purposes. The Notes have received an 'A' rating from Egan-Jones Ratings Company. A listing application for these Notes on Nasdaq has been submitted under the symbol 'ATLCL', with trading anticipated to commence shortly after issuance.

Atlanticus Holdings Corporation (NASDAQ: ATLC) has announced a quarterly dividend of $0.4765625 per share for Series B Cumulative Perpetual Preferred stockholders. This cash dividend is set to be paid on December 15, 2021, to shareholders on record as of December 1, 2021. Atlanticus provides inclusive financial services, leveraging its experience of over 18 million customers and $26 billion in consumer loans, through partnerships with banks, retailers, and healthcare providers. This initiative reflects Atlanticus's commitment to empowering financial outcomes for everyday Americans.

Atlanticus Holdings Corporation (NASDAQ: ATLC) has announced the commencement of an underwritten public offering of Senior Notes due 2026. The offering aims to raise funds for general corporate purposes, with a potential 30-day option for underwriters to purchase additional notes. The notes are expected to be listed on the Nasdaq under the symbol 'ATLCL,' with trading anticipated to begin within 30 business days post-issuance. The offering has received an 'A' rating from Egan-Jones Ratings Company, signaling strong creditworthiness.

Atlanticus Holdings Corporation (ATLC) reported a 41.8% increase in total operating revenue, reaching $203.9 million for Q3 2021. Net income attributable to common shareholders rose 18.4% to $40.3 million, or $1.96 per share. The company served 2.6 million customers, a 59.8% growth year-over-year. Managed receivables increased 46.5% to $1.4 billion. Adjusted net income showed a significant 57.1% rise to $53.5 million. The firm anticipates continued growth in point-of-sale financing.

Atlanticus Holdings Corporation (NASDAQ: ATLC) has been recognized as one of Fortune's 100 Fastest-Growing Companies in 2021. The company specializes in providing technology that enables partners in banking, retail, and healthcare to offer inclusive financial services, including various credit products. Atlanticus emphasizes its commitment to improving financial outcomes for everyday Americans, especially in the wake of challenges posed by the global pandemic. This ranking highlights Atlanticus’s revenue and earnings growth, along with strong total returns over three years.

Fortiva® Retail Credit has announced a multi-year renewal of its exclusive partnership with Vivint Smart Home to enhance consumer financing options. The renewal aims to expand term lengths and facilitate more approvals for financing among Vivint's customers, building on the success experienced during the pandemic. Atlanticus Services Corporation emphasizes its technology's role in seamless financing transitions, providing inclusive options to a broader customer base.