Citizens Upholds Market Outperform Rating for Atlanticus Holdings Corporation - Preferred Stock (ATLCP)
Analyst Recommendation: Citizens maintains a Market Outperform recommendation for Atlanticus Holdings Corporation - Preferred Stock, with a projected one-year price target of $34.90/share, indicating a potential upside of 45.35% from its current price of $24.01/share.
Revenue and Earnings Projections: The projected annual revenue for Atlanticus Holdings Corporation - Preferred Stock is $1.811 billion, reflecting a significant increase of 263.29%, with a projected non-GAAP EPS of 4.34.
Institutional Holdings: Three funds report positions in Atlanticus Holdings Corporation - Preferred Stock, with total shares owned by institutions increasing by 8.13% to 85,000 shares over the last three months.
Shareholder Activity: Notable changes in holdings include Virtus InfraCap U.S. Preferred Stock ETF increasing its shares by 10.64% to 53,000, while PSI Advisors increased its holdings by 3.51% to 22,000 but decreased its portfolio allocation significantly by 58.34%.
Get Free Real-Time Notifications for Any Stock
Analyst Views on ATLCP
No data
About the author
Citizens Upholds Market Outperform Rating for Atlanticus Holdings Corporation - Preferred Stock (ATLCP)
Analyst Recommendation: Citizens maintains a Market Outperform recommendation for Atlanticus Holdings Corporation - Preferred Stock, with a projected one-year price target of $34.90/share, indicating a potential upside of 45.35% from its current price of $24.01/share.
Revenue and Earnings Projections: The projected annual revenue for Atlanticus Holdings Corporation - Preferred Stock is $1.811 billion, reflecting a significant increase of 263.29%, with a projected non-GAAP EPS of 4.34.
Institutional Holdings: Three funds report positions in Atlanticus Holdings Corporation - Preferred Stock, with total shares owned by institutions increasing by 8.13% to 85,000 shares over the last three months.
Shareholder Activity: Notable changes in holdings include Virtus InfraCap U.S. Preferred Stock ETF increasing its shares by 10.64% to 53,000, while PSI Advisors increased its holdings by 3.51% to 22,000 but decreased its portfolio allocation significantly by 58.34%.
Atlanticus Holdings' Series B Preferred Stock Reaches Over 8% Yield
Performance Overview
- ATLCP vs. ATLC: The one-year performance of Atlanticus Holdings Corp's 7.625% Series B Cumulative Preferred Stock (ATLCP) is compared to its common shares (ATLC), highlighting the differences in their market behavior.
- Current Trading Status: As of Friday, ATLCP shares have increased by approximately 1.2%, while ATLC shares have decreased by about 0.3%.
Dividend History
- Historical Payments: A chart detailing the historical dividend payments for ATLCP is provided, showcasing the consistency and reliability of Atlanticus Holdings Corp's dividend distribution.
Additional Information
- Market Insights: The article hints at other dividend stocks that are currently available at discounted prices, encouraging investors to explore further opportunities.
- Author's Perspective: The views expressed in the article are solely those of the author and do not necessarily represent the opinions of Nasdaq, Inc.
