Enova International, Inc.

NYSE:ENVA Stock Report

Market Cap: US$5.9b

Enova International Past Earnings Performance

Past criteria checks 4/6

Enova International's earnings have been declining at an average annual rate of -8.4%, while the Consumer Finance industry saw earnings declining at 1.1% annually. Revenues have been growing at an average rate of 12.3% per year. Enova International's return on equity is 23.3%, and it has net margins of 20.7%.

Key information

-8.43%

Earnings growth rate

0.98%

EPS growth rate

Consumer Finance Industry Growth7.20%
Revenue growth rate12.25%
Return on equity23.29%
Net Margin20.66%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update • Jul 01

ENVA: Future Returns Will Depend On Banking Synergies And Multiple Resilience

The analyst price target for Enova International has been revised from $202 to $230. Analysts attribute this change to updated earnings assumptions, a slightly lower discount rate, and modestly higher future P/E expectations.
New Narrative • Jun 26

Rising Small Business Lending And AI Model Risks Will Pressure Margins

Catalysts About Enova International Enova International provides online consumer and small business lending products using data driven underwriting and automated technology. What are the underlying business or industry changes driving this perspective?
Seeking Alpha • Jun 25

Enova: The Grasshopper Deal Could Create Long-Term Value Beyond Initial Synergies

Summary Enova is expanding its small business lending with the acquisition of Grasshopper Bank, aiming to reduce funding costs and boost profitability. The SMB segment now represents 70% of ENVA's loan portfolio, with Q1 2026 SMB revenue up 37% YoY, outpacing consumer growth. Management expects the Grasshopper acquisition to be over 15% EPS accretive in year one and over 25% as synergies are realized. I rate ENVA a 'buy' as the bank acquisition could drive greater long-term value, leveraging ENVA’s broad SMB reach. Read the full article on Seeking Alpha
Narrative Update • Jun 17

ENVA: Future Returns Will Rely On Banking Synergies And EPS Accretion

Enova International's analyst price targets have risen by a double-digit dollar amount. The latest round of $9 to $25 upward revisions is supported by analysts citing updated valuation work and company-specific factors reflected in the new fair value and P/E assumptions.
Narrative Update • Jun 02

ENVA: Future Returns Will Rely On EPS Accretion And Buybacks

Enova International's analyst price target has been revised higher to $202.00. Analysts point to updated assumptions on discount rates, profit margins and future P/E expectations to support the change.
Narrative Update • May 17

ENVA: Future Returns Will Rely On Share Repurchases And Stronger Earnings Power

Narrative Update on Enova International The analyst price target for Enova International has been raised from $187.29 to $202.00. Analysts point to updated assumptions for higher revenue growth, a slightly lower discount rate, and a steady forward P/E multiple as key drivers of the new view.
Narrative Update • Apr 16

ENVA: Future Returns Will Rely On Ongoing Share Repurchases

The analyst price target for Enova International has been trimmed by about $3.60 per share, as analysts factor in a slightly lower fair value estimate, modest adjustments to discount rate assumptions, and updated expectations for revenue growth, profit margin, and future P/E multiples following recent conflicting target moves from TD Cowen, Maxim, and Citizens. Analyst Commentary Recent price target changes for Enova International point to a mixed but engaged analyst view, with some raising their targets and others cutting them, as they reassess valuation, growth expectations, and execution risk.
Narrative Update • Apr 02

ENVA: Future Returns Will Reflect Specialty Finance Exposure And Continued Share Repurchases

Analysts have trimmed their average price target on Enova International by about $3. This reflects slightly adjusted fair value, discount rate, revenue growth, profit margin and future P/E assumptions following recent mixed target changes across the Street.
Narrative Update • Mar 19

ENVA: Future Returns Will Reflect Specialty Finance Exposure And Recent Buybacks

Narrative Update The analyst price target for Enova International has been raised to $193.71. Analysts cite updated views on specialty finance sector trends, including credit card, auto, student, non prime, buy now pay later, and lease to own segments, as key drivers of the revised outlook.
Narrative Update • Mar 04

ENVA: Future Returns Will Reflect Specialty Finance Exposure And Share Repurchases

Analysts have lifted their price target for Enova International by $41 to $180, citing updated views on the specialty finance sector. Key drivers behind the revised outlook include credit cards, auto lending, student lending, non-prime lending, buy-now-pay-later, and lease-to-own.
Narrative Update • Feb 18

ENVA: Future Returns Will Reflect Specialty Finance Exposure And Ongoing Share Repurchases

Narrative Update: Enova International Analyst Price Target Shift Analysts have raised their average price target on Enova International to $193.71, with recent Street research citing updated views on discount rates, revenue growth, profit margins, and future P/E expectations in the specialty finance sector as key drivers of the change. Analyst Commentary Recent Street research on Enova International centers on how the company fits into broader specialty finance themes such as credit cards, auto lending, student lending, non prime lending, buy now pay later, and lease to own, and how that feeds into updated price targets and sector positioning.
Narrative Update • Feb 04

ENVA: Future Returns Will Reflect Specialty Finance Exposure And Capital Return Optionality

Narrative Update on Enova International The updated analyst price target for Enova International has moved higher by about US$9, as analysts factor in their recent target increases across the specialty finance group and adjust their views on revenue growth, profit margins and future price-to-earnings (P/E) assumptions. Analyst Commentary Recent Street research on Enova International centers on higher price targets and refreshed sector views, as analysts reset their models for specialty finance peers and revisit assumptions around growth, margins and P/E levels.
Narrative Update • Jan 21

ENVA: Future Returns Will Reflect Subprime And Small Business Lending Strength

Narrative Update Overview The analyst price target for Enova International has been revised higher to US$184.50, supported by higher Street targets in the US$144 to US$180 range. Analysts are factoring in updated sector views on specialty finance, recent quarters tracking at or better than guidance, and company commentary on growth opportunities in subprime consumer and small business lending.
Narrative Update • Jan 07

ENVA: Future Returns Will Reflect Subprime And Small Business Lending Momentum

Analysts have lifted their price target range for Enova International to about $144 to $149, citing recent earnings that came in at or above guidance, stronger than expected cost control, and what they see as accelerating growth opportunities in both subprime consumer and small business lending, alongside a disconnect between current valuation and the firm's originations growth. Analyst Commentary Bullish Takeaways Bullish analysts highlight that recent adjusted EPS came in about 12% above consensus, which they see as evidence of solid execution against guidance.
Narrative Update • Dec 22

ENVA: Future Earnings Will Reflect Durable Subprime And Small Business Lending Momentum

Analysts have raised their fair value estimate for Enova International from approximately $141 to about $180 per share, citing consistently better than guided earnings, improving profitability, and accelerating growth in both subprime consumer and small business lending as evidence that the stock's current valuation understates its long term potential. Analyst Commentary Bullish analysts highlight that Enova continues to deliver results at or above its own guidance, with recent adjusted EPS surpassing consensus expectations driven by tighter control of operating expenses, particularly in marketing and general and administrative costs.
Narrative Update • Dec 08

ENVA: Future Earnings Will Reflect Accelerating Subprime And Small Business Loan Demand

Analysts have raised their price target on Enova International to approximately $144, up from about $135. They cite consistent outperformance versus guidance, accelerating growth in both subprime consumer and small business lending, and what they view as a disconnect between the company’s strong fundamentals and its current valuation.
Narrative Update • Nov 24

ENVA: Sustained Loan Origination Momentum Will Drive Continued Upside Potential

Enova International's analyst price targets have recently increased by $15 to $20. Analysts cite strong earnings performance, accelerating growth in lending segments, and a favorable industry environment as key factors for the upward revisions.
Narrative Update • Nov 09

ENVA: Sustained Earnings Outperformance Will Drive Further Upside Momentum

Analysts have increased their price target for Enova International from $137.25 to $140.63. They cite strong earnings performance, continued growth in lending segments, and favorable valuations as key drivers for the upward revision.
Narrative Update • Oct 26

Digital Lending Expansion Will Accelerate Credit Access For Small Businesses

Analysts have increased their fair value estimate for Enova International from $131.13 to $137.25 per share. They cite the company’s consistent performance above guidance, strong expense management, and accelerating growth opportunities in both consumer and small business lending.
Seeking Alpha • Feb 18

Enova International: How Deregulation Could Unlock New Growth

Summary Enova International, Inc. stands to benefit significantly from Trump's deregulatory agenda, including relaxed CFPB regulations and potential corporate tax cuts. Deregulation under Trump’s first term led to substantial growth for Enova, with revenues rising from $745.6 million in 2016 to $1.175 billion in 2019. Trump's second term promises further regulatory rollbacks, including reinstating the True Lender rule and easing Dodd-Frank Act provisions, enhancing Enova's operational flexibility. Enova's strong 2024 performance, with a 26% revenue increase to $2.7 billion, positions ENVA stock well to capitalize on a favorable regulatory landscape under Trump. Read the full article on Seeking Alpha
Seeking Alpha • Oct 23

Enova's Strong Earnings Signal Continued Growth Potential

Summary Enova International, Inc. has shown impressive growth, with a strong focus on innovative financial products and operational efficiency, outperforming market benchmarks. The company posted a Non-GAAP EPS of $2.45 and revenue of $689.92 million, driven by record originations and small business sector growth. Enova's valuation metrics suggest the stock is undervalued, with a forward P/E ratio of 8.2x and PEG ratio of 0.4, indicating potential for gains. Despite risks like rising costs and credit risks, Enova's strong financial position and conservative growth strategy make it a “Buy” for risk-tolerant investors. Read the full article on Seeking Alpha
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New Narrative • Sep 24

Diversified Offerings And Smart Analytics Set To Propel Growth Amid Financial Innovation

Enova International's focus on underserved customers and diversified product offerings with machine learning analytics promises revenue growth and margin expansion.

Revenue & Expenses Breakdown

How Enova International makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:ENVA Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 261,5803278370
31 Dec 251,4913087840
30 Sep 251,4142937410
30 Jun 251,3642567340
31 Mar 251,3042347110
31 Dec 241,2392096800
30 Sep 241,1711816620
30 Jun 241,1181786370
31 Mar 241,0731736080
31 Dec 231,0351755750
30 Sep 231,0201915350
30 Jun 231,0122025190
31 Mar 239982065120
31 Dec 221,0022075230
30 Sep 221,0102055400
30 Jun 229752055140
31 Mar 229762334830
31 Dec 219482564280
30 Sep 219034383440
30 Jun 218384802690
31 Mar 217104482010
31 Dec 205983781900
30 Sep 207071771860
30 Jun 208311122100
31 Mar 20960952390
31 Dec 191,0991282240
30 Sep 199251011920
30 Jun 19911871910
31 Mar 19904751950
31 Dec 18893642010
30 Sep 18964682290
30 Jun 18890502210
31 Mar 18829432130
31 Dec 17655181760
30 Sep 17732311960
30 Jun 17713421910
31 Mar 17696391950
31 Dec 16680351990
30 Sep 16657302090
30 Jun 16629272190
31 Mar 16606292150
31 Dec 15600442150
30 Sep 15619622170

Quality Earnings: ENVA has high quality earnings.

Growing Profit Margin: ENVA's current net profit margins (20.7%) are higher than last year (17.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ENVA's earnings have declined by 8.4% per year over the past 5 years.

Accelerating Growth: ENVA's earnings growth over the past year (39.6%) exceeds its 5-year average (-8.4% per year).

Earnings vs Industry: ENVA earnings growth over the past year (39.6%) exceeded the Consumer Finance industry 22.2%.

Return on Equity

High ROE: Whilst ENVA's Return on Equity (23.29%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 21:50
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Enova International, Inc. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James FotheringhamBMO Capital Markets Equity Research
Vincent CainticBTIG
David ScharfCitizens JMP Securities, LLC