Atlanticus (ATLC)
Enables private-label credit cards and dealer finance through partner-led programs.
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Runs Credit as a Service and Auto Finance businesses that support bank, retail, healthcare, and dealer partners. Products include Fortiva and Curae private-label credit, Aspire, Imagine, Mercury, and Fortiva cards, and auto-secured loan servicing for independent used-car dealers.
Provides Credit as a Service infrastructure for lenders and commercial partners serving U.S. consumers. The platform combines technology, data, analytics, servicing, and bank-partner programs for private-label credit under Fortiva, Curae, and merchant brands, plus general-purpose cards under Aspire, Imagine, Mercury, and Fortiva.
Operates a smaller Auto Finance segment through CAR subsidiary operations, purchasing and servicing auto-secured loans for independent buy-here, pay-here dealers and automotive finance companies. It also provides floor-plan financing and installment lending products.
Execution depends on bank-partner terms, compliance capabilities, funding costs, credit models, origination speed, service quality, technology integration, and partner relationships across retail, healthcare, card, and dealer channels.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 13, 2026 | Capital One Financial | Target | Target: — | Target: $144 |
| Jul 13, 2026 | HSBC | Target | Target: — | Target: $144 |
| Jul 8, 2026 | Jefferies | Reiterate | Rating: —Target: — | Target: $115 |
| Jun 30, 2026 | BTIG | Reiterate | Rating: —Target: $45 | Target: $179 |
| Jun 10, 2026 | William Blair | Target | Target: — | Target: $100 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $645.2M · Total debt $6.29B · Total assets $7.49B · Shareholders' equity $741.9M
- Revenue
- $550.5M
- Operating income
- $33.4M
- Net income
- $49.7M
No dividends on record.
| Institutions | ≈ 28.72% | 4.36M shares | |
|---|---|---|---|
| 151 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 65.92% | 10.00M shares | |
| 12 holders · as of Aug 17, 2026 | |||
| Other | ≈ 5.36% | 813.8K shares | |
| remainder | |||
15.17M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Frank J. Iii HannaInsider10 percent owner | 24.87% | 3.77M | filed Jul 1, 2026 |
David G. HannaInsiderdirector, 10 percent owner, officer: Executive Chairman | 24.54% | 3.72M | filed Jul 1, 2026 |
Jeffrey A. Howard1Insiderdirector, officer: President & CEO | 7.70% | 837,466 | filed Jul 2, 2026 |
William McCamey2Insiderofficer: Chief Financial Officer | 7.69% | 839,049 | filed Jul 2, 2026 |
Wellington Management Group LLPInstitution | 3.45% | 522,642 | as of Jun 30, 2026 |
- Jeffrey A. Howard's transaction reports restate only vehicles that traded; the 2022 ownership statement (837.5K) plus the 331.0K net shares acquired since is used instead.
- William McCamey's transaction reports restate only vehicles that traded; the 2020 ownership statement (839.0K) plus the 328.1K net shares acquired since is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 30, 2026 | Jeffrey A. Howard | director, officer: President & CEO | −10,000 | $103.01 |
| Jun 30, 2026 | William McCamey | officer: Chief Financial Officer | −10,000 | $103.01 |
| Jun 29, 2026 | Mitchell Saunders | officer: Chief Accounting Officer | −10,000 | $102.20 |
| Jul 1, 2026 | David G. Hanna | director, 10 percent owner, officer: Executive Chairman | −15,676 | $104.26 |
| Jun 30, 2026 | David G. Hanna | director, 10 percent owner, officer: Executive Chairman | −8,319 | $103.08 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Atlanticus | $89.81 | −2.43% | $1.39B | 12.0 | 8.1 | 0.8 | +89.0% |
| Synchrony Financial | $71.98 | −0.95% | $23.64B | 7.4 | 7.6 | 1.2 | −21.1% |
| Bread Financial | $102.13 | −0.55% | $4.15B | 8.0 | 8.2 | 0.9 | +7.2% |
| Affirm | $68.31 | −4.82% | $24.04B | 13.0 | 35.7 | 5.7 | +33.0% |
| OneMain | $57.47 | −2.73% | $6.83B | 8.9 | 7.3 | 1.1 | −15.5% |
| PayPal | $52.37 | −0.98% | $45.25B | 10.0 | 9.4 | 1.3 | +4.8% |
| Credit Acceptance | $549.52 | −2.28% | $5.88B | 12.4 | 10.7 | 2.5 | +2.1% |
| Consumer Portfolio Services | $9.68 | +0.41% | $209.2M | 10.6 | — | 0.5 | +10.6% |
| Median | 10.0 | 8.8 | 1.2 | +4.8% |