Atlanticus Holdings announces a $0.476563 quarterly dividend for Series B Preferred shareholders, payable September 15, 2026.
Quiver AI Summary
Atlanticus Holdings Corporation has announced a quarterly dividend of $0.476563 per share for its Series B Cumulative Perpetual Preferred shareholders, which will be paid around September 15, 2026, to those recorded as shareholders by September 1, 2026. The company focuses on providing inclusive financial services to everyday Americans, partnering with various sectors including banking, retail, and healthcare to deliver diverse credit solutions. With over 30 years of experience and servicing more than 23 million customers, Atlanticus is committed to responsible lending and innovation. The press release also includes forward-looking statements regarding future dividends, emphasizing potential risks and uncertainties that could affect actual outcomes.
Potential Positives
- Approval of a quarterly dividend of $0.476563 per share demonstrates financial stability and commitment to returning value to shareholders.
- The ability to pay dividends indicates strong operating performance and cash flow management from Atlanticus Holdings Corporation.
- This announcement highlights Atlanticus's ongoing commitment to its Series B Cumulative Perpetual Preferred shareholders, fostering investor confidence.
Potential Negatives
- The announcement of a dividend may indicate a reliance on external financing, raising concerns about the company's cash flow and overall financial health.
- The press release contains numerous forward-looking statements, highlighting significant risks and uncertainties that could adversely affect the company's future performance.
- The mention of potential risks relating to loan delinquencies and market competition could signal challenges in maintaining profitability and growth in the current market environment.
FAQ
What is the dividend amount for Atlanticus Holdings?
The Board of Directors approved a quarterly dividend of $0.476563 per share for Series B Cumulative Perpetual Preferred shareholders.
When will the dividend be paid to shareholders?
The cash dividend is set to be paid on or about September 15, 2026.
Who is eligible for the dividend payment?
Holders of record of Atlanticus' Series B Cumulative Perpetual Preferred Stock as of September 1, 2026, are eligible.
What services does Atlanticus Holdings offer?
Atlanticus provides inclusive financial solutions for bank, retail, healthcare, and automotive partners, including consumer credit products.
What are the risks mentioned in the press release?
The risks include competition, economic conditions, regulatory matters, and the integration of the Mercury business portfolio.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ATLC Insider Trading Activity
$ATLC insiders have traded $ATLC stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $ATLC stock by insiders over the last 6 months:
- DAVID G HANNA (Executive Chairman) has made 0 purchases and 3 sales selling 25,000 shares for an estimated $2,597,427.
- FRANK J III HANNA has made 0 purchases and 3 sales selling 25,000 shares for an estimated $2,597,427.
- WILLIAM MCCAMEY (Chief Financial Officer) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $2,124,600.
- JEFFREY A. HOWARD (President & CEO) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $2,124,600.
- MITCHELL SAUNDERS (Chief Accounting Officer) sold 10,000 shares for an estimated $1,022,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ATLC Revenue
$ATLC had revenues of $744.3M in Q2 2026. This is an increase of 89.0% from the same period in the prior year.
You can track ATLC financials on Quiver Quantitative's ATLC stock page.
You can access data on ATLC stock through the Quiver Quantitative API.
$ATLC Hedge Fund Activity
We have seen 69 institutional investors add shares of $ATLC stock to their portfolio, and 52 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CURATED WEALTH PARTNERS LLC added 375,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $38,343,750
- DIMENSIONAL FUND ADVISORS LP removed 68,151 shares (-13.0%) from their portfolio in Q2 2026, for an estimated $6,968,439
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 52,922 shares (-64.6%) from their portfolio in Q1 2026, for an estimated $2,776,817
- WELLINGTON MANAGEMENT GROUP LLP added 50,676 shares (+7.2%) to their portfolio in Q1 2026, for an estimated $2,658,969
- AMERICAN CENTURY COMPANIES INC added 35,958 shares (+19.4%) to their portfolio in Q2 2026, for an estimated $3,676,705
- JPMORGAN CHASE & CO added 35,599 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,639,997
- SG CAPITAL MANAGEMENT LLC added 34,553 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,533,044
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$ATLC Price Targets
Multiple analysts have issued price targets for $ATLC recently. We have seen 4 analysts offer price targets for $ATLC in the last 6 months, with a median target of $108.5.
Here are some recent targets:
- John Hecht from Jefferies set a target price of $115.0 on 07/08/2026
- Vincent Caintic from BTIG set a target price of $179.0 on 06/30/2026
- Hal Goetsch from B. Riley Securities set a target price of $98.0 on 03/23/2026
- David M. Scharf from Citizens set a target price of $102.0 on 03/17/2026
Full Release
ATLANTA, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus,” the “Company,” “we,” “our” or “us”), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced that its Board of Directors approved a quarterly dividend of $0.476563 per share to Series B Cumulative Perpetual Preferred shareholders. The cash dividend will be paid on or about September 15, 2026 to holders of record of Atlanticus’ Series B Cumulative Perpetual Preferred Stock on the close of business on September 1, 2026.
About Atlanticus Holdings Corporation
Empowering Better Financial Outcomes for Everyday Americans
Atlanticus Holdings Corporation empowers better financial outcomes for Everyday Americans by enabling bank, retail, healthcare, and automotive partners to offer more inclusive financial solutions to consumers. Leveraging proprietary technology and advanced analytics, Atlanticus applies more than 30 years of operating experience, servicing over 23 million customers and more than $53 billion in consumer loans, to support lenders across a broad range of consumer credit products. These offerings span retail and healthcare private-label credit and general purpose credit cards, through an omnichannel platform, including strategic partnerships. Additionally, through its Auto Finance subsidiary, Atlanticus helps address the specific needs of automotive dealerships and non-prime automotive finance organizations with a range of financing and service programs.
Atlanticus is guided by the principles of responsible lending, smart innovation, and expanding access to credit for consumers working toward a stronger financial future.
Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current views with respect to the payment of dividends in the future. You generally can identify these statements by the use of words such as “outlook,” “potential,” “continue,” “may,” “seek,” “approximately,” “predict,” “believe,” “expect,” “plan,” “intend,” “estimate” or “anticipate” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would,” “likely” and “could.” These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those included in the forward-looking statements. These risks and uncertainties include those risks described in the Company's filings with the Securities and Exchange Commission and include, but are not limited to, risks related to the integration of the Mercury business and the management of the Mercury portfolio; bank partners; merchant partners; consumers; loan demand; the capital markets; labor availability; supply chains and the economy in general; the Company's ability to retain existing, and attract new, merchant partners and funding sources; changes in market interest rates; increases in loan delinquencies; its ability to operate successfully in a highly regulated industry; the outcome of litigation and regulatory matters; the effect of management changes; cyberattacks and security vulnerabilities in its products and services; and the Company's ability to compete successfully in highly competitive markets. The forward-looking statements speak only as of the date on which they are made, and, except to the extent required by federal securities laws, the Company disclaims any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. In light of these risks and uncertainties, there is no assurance that the events or results suggested by the forward-looking statements will in fact occur, and you should not place undue reliance on these forward-looking statements.
Contact:
Investor Relations
[email protected]
Dan Mauch,
[email protected]
Sara Savarino,
[email protected]