Envela Corporation (ELA)

NYSEAMERICAN: ELA · Real-Time Price · USD
6.51
+0.09 (1.40%)
Mar 28, 2025, 4:00 PM EST - Market closed
Market Cap 169.23M
Revenue (ttm) 180.38M
Net Income (ttm) 6.76M
Shares Out 26.00M
EPS (ttm) 0.26
PE Ratio 25.22
Forward PE 20.34
Dividend n/a
Ex-Dividend Date n/a
Volume 38,355
Open 6.35
Previous Close 6.42
Day's Range 6.10 - 6.63
52-Week Range 4.20 - 7.88
Beta 0.51
Analysts Strong Buy
Price Target 7.00 (+7.53%)
Earnings Date Mar 26, 2025

About ELA

Envela Corporation, together with its subsidiaries, operates in the re-commerce sector in the United States. The company operates through two segments, Commercial-Services and Direct-To-Consumer. It provides end-of-life asset recycling; data destruction and IT asset management; and products, services, and solutions to industrial and commercial companies, as well as operates as a re-commerce retailers of luxury hard assets. The company buys to resell or recycle luxury hard assets, including jewelry, diamonds, gemstones, fine watches, rare coins ... [Read more]

Industry Luxury Goods
Founded 1965
Employees 288
Stock Exchange NYSEAMERICAN
Ticker Symbol ELA
Full Company Profile

Financial Performance

In 2024, Envela's revenue was $180.38 million, an increase of 5.07% compared to the previous year's $171.67 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
(7.53% 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...

4 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...

11 days 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.

3 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...

5 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...

5 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...

7 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 ...

8 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 ...

8 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 ...

9 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...

11 months 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...

11 months 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 ...

11 months 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