Envela Corporation (ELA)

NYSEAMERICAN: ELA · Real-Time Price · USD
6.21
+0.20 (3.24%)
Apr 17, 2025, 4:00 PM EDT - Market closed
3.24%
Market Cap 159.08M
Revenue (ttm) 180.38M
Net Income (ttm) 6.76M
Shares Out 25.99M
EPS (ttm) 0.26
PE Ratio 23.71
Forward PE 19.13
Dividend n/a
Ex-Dividend Date n/a
Volume n/a
Open n/a
Previous Close 6.01
Day's Range n/a
52-Week Range 4.20 - 7.88
Beta 0.51
Analysts Strong Buy
Price Target 7.00 (+12.81%)
Earnings Date May 7, 2025

About ELA

Envela Corporation, together with its subsidiaries, provides recycling and recommerce services in the United States. The company operates in two segments, Consumer and Commercial. It is involved in the online and brick-and-mortar sale of authenticated high-end luxury goods, including pre-owned and repurposed fine jewelry, diamonds, gemstones, luxury watches, and secondary market bullion. The company also offers precious metal products. In addition, it provides end-of-life management of IT assets comprising data destruction, asset refurbishment,... [Read more]

Industry Luxury Goods
Founded 1965
Employees 309
Stock Exchange NYSEAMERICAN
Ticker Symbol ELA
Full Company Profile

Financial Performance

In 2024, Envela's revenue was $180.38 million, an increase of 2.92% compared to the previous year's $175.26 million. Earnings were $6.76 million, a decrease of -5.46%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ELA stock is "Strong Buy" and the 12-month stock price forecast is $7.0.

Price Target
$7.0
(12.81% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Envela Reports Fourth Quarter and Fiscal Year 2024 Financial Results

IRVING, TX / ACCESS Newswire / March 26, 2025 / Envela Corporation today announced its financial results for the fourth quarter and full year ending December 31, 2024. The Company posted annual revenu...

24 days ago - Accesswire

Envela to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on Wednesday, March 26, 2025

IRVING, TX / ACCESS Newswire / March 19, 2025 / Envela Corporation announced today that it plans to report its financial results for the fourth quarter and fiscal year 2024 after the market close on W...

4 weeks ago - Accesswire

RapidFort Simplifies FedRAMP Certification with Curated Images Supporting FIPS 140-3 Compliance

SAN FRANCISCO--(BUSINESS WIRE)--RapidFort adds FIPS 140-3 compliance to Curated Images, providing a secure foundation for software development, deployment, and FedRAMP authorization.

4 months ago - Business Wire

Envela Reports Third Quarter 2024 Financial Results

IRVING, TX / ACCESSWIRE / November 5, 2024 / Envela Corporation today reported financial results for its third quarter ended September 30, 2024. The Company reported quarterly revenue of $46.9 million...

5 months ago - Accesswire

Envela to Announce Third Quarter 2024 Financial Results on November 5

IRVING, TX / ACCESSWIRE / October 29, 2024 / Envela Corporation announced today that it plans to report its financial results for the third quarter of 2024 after the market closes on Tuesday, November...

6 months ago - Accesswire

Four Nines Announces Grand Openings in San Antonio

SAN ANTONIO, TX / ACCESSWIRE / October 15, 2024 / Four Nines, the innovative retail concept from Envela Corporation, is excited to announce the grand opening of its newest two stores in San Antonio, T...

6 months ago - Accesswire

Envela to Participate at the Lake Street Best Ideas Growth Conference

NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Envela Corporation (NYSE American:ELA), a leading re-commerce company, today announced that management will present at the Lake Street Capital Markets 8th...

8 months ago - Accesswire

Envela Reports Second Quarter 2024 Financial Results

DALLAS, TX / ACCESSWIRE / August 7, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2024. The Company ...

9 months ago - Accesswire

Envela to Announce Second Quarter 2024 Financial Results on Wednesday, August 7, 2024

DALLAS, TX / ACCESSWIRE / July 31, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it plans to report its financial results for the second quarter 2024 ...

9 months ago - Accesswire

Four Nines Opens Flagship Store in Phoenix

PHOENIX, AZ / ACCESSWIRE / June 24, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its innovative retail brand, Four Nines™, opened its latest store in ...

10 months ago - Accesswire

Envela Introduces Its Fresh Retail Concept - "Four Nines"

DALLAS, TX / ACCESSWIRE / May 20, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the unveiling of its inaugural Four Nines retail store in Gilbert, Arizona. ...

11 months ago - Accesswire

Envela Welcomes Bijoux Exchange to its Lineup

DALLAS, TX / ACCESSWIRE / May 17, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it is expanding its lineup this week with the introduction of Bijoux E...

1 year ago - Accesswire

Envela Reports First Quarter 2024 Financial Results

DALLAS, TX / ACCESSWIRE / May 8, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its first quarter ended March 31, 2024. The Company rep...

1 year ago - Accesswire

Envela to Announce First Quarter 2024 Financial Results on Wednesday, May 8, 2024

DALLAS, TX / ACCESSWIRE / April 30, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it plans to report its financial results for the first quarter 2024 ...

1 year ago - Accesswire

Following a Planned Succession Process, Envela Appoints John DeLuca as Chief Financial Officer

Former CFO Remains as Strategic Advisor DALLAS, TX / ACCESSWIRE / March 21, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that after seven years as the Com...

1 year ago - Accesswire

Envela Reports Fourth Quarter and Fiscal Year 2023 Results

DALLAS, TX / ACCESSWIRE / March 20, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its fourth quarter and full year ended December 31, ...

1 year ago - Accesswire

Envela to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on Wednesday, March 20, 2024

DALLAS, TX / ACCESSWIRE / March 4, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it plans to report its financial results for the fourth quarter and f...

1 year ago - Accesswire

Envela Corporation And Its Real Value

Envela Corporation operates in the re-commerce industry, focusing on luxury goods such as jewelry and precious metals. The company's revenue fell in the third quarter, but this is attributed to strate...

1 year ago - Seeking Alpha

Envela Reports Third Quarter 2023 Financial Results

DALLAS, TX / ACCESSWIRE / November 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today reported financial results for its third quarter ended September 30, 2023. The Com...

1 year ago - Accesswire

Envela to Announce Third Quarter 2023 Financial Results on Wednesday, November 8, 2023

IRVING, TX / ACCESSWIRE / November 3, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the third quarter ended Sep...

1 year ago - Accesswire

Envela Corporation: A 'Hold' With Potential

Envela Corporation specializes in reselling and recycling pre-owned jewelry and electronics and has a strong management team and growing customer base. The pre-owned jewelry market is expected to grow...

1 year ago - Seeking Alpha

Envela Expands Vertically with Acquisition

SCOTTSDALE, AZ / ACCESSWIRE / September 14, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced that it has entered into an agreement to acquire Steven Kretchmer,...

1 year ago - Accesswire

Envela Hires Claudia Kretchmer to Lead Jewelry Design

SCOTTSDALE, AZ / ACCESSWIRE / September 13, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today announced that Claudia Kretchmer has been named as Artistic Director of Jew...

1 year ago - Accesswire

Envela to Participate in Lake Street's 7th Annual Best Ideas Growth (BIG7) Conference

NEW YORK, NY / ASSESSWIRE / September 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the Company will be participating in Lake Street Capital Markets' 7th...

1 year ago - Accesswire

Envela to Participate in the B. Riley Securities Consumer Conference

NEW YORK, NY / ACCESSWIRE / September 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the Company will be participating in the B. Riley Securities Consumer...

1 year ago - Accesswire