Enova International is a technology and analytics company that provides online financial services. Co. originates, arranges, guarantees or purchases installment loans, line of credit accounts and receivables purchase agreements to consumers and small businesses. Co. operates a credit services organization program in Texas, which includes credit-related services such as arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents. Co.'s subsidiary, On Deck Capital, Inc., operates a program with a separate bank to provide marketing services and loan servicing for small business installment loans and line of credit accounts. The ENVA average annual return since 2014 is shown above.
The Average Annual Return on the ENVA average annual return since 2014 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether ENVA average annual return since 2014 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ENVA average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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