
Encore Capital Group Inc (NASDAQ:ECPG – Free Report) – Stock analysts at Northland Securities raised their FY2026 earnings per share (EPS) estimates for Encore Capital Group in a research note issued to investors on Wednesday, November 4th. Northland Securities analyst M. Grondahl now anticipates that the asset manager will post earnings of $15.75 per share for the year, up from their prior estimate of $13.50. The consensus estimate for Encore Capital Group’s current full-year earnings is $16.11 per share. Northland Securities also issued estimates for Encore Capital Group’s FY2027 earnings at $16.50 EPS.
A number of other research firms have also weighed in on ECPG. Weiss Ratings raised shares of Encore Capital Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Zacks Research raised shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 6th. Citigroup reiterated a “market outperform” rating on shares of Encore Capital Group in a research report on Thursday, November 5th. Wall Street Zen upgraded shares of Encore Capital Group from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Truist Financial lifted their price objective on shares of Encore Capital Group from $112.00 to $122.00 and gave the stock a “buy” rating in a research note on Thursday, November 5th. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $128.67.
Get Our Latest Analysis on ECPG
Encore Capital Group Stock Down 3.5%
Shares of ECPG opened at $108.02 on Monday. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 6.92 and a beta of 1.29. Encore Capital Group has a 1 year low of $47.49 and a 1 year high of $126.74. The business’s 50 day simple moving average is $100.33 and its 200-day simple moving average is $84.75. The company has a debt-to-equity ratio of 3.93, a current ratio of 0.62 and a quick ratio of 0.62.
Encore Capital Group (NASDAQ:ECPG – Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The asset manager reported $5.57 earnings per share for the quarter, beating the consensus estimate of $3.35 by $2.22. Encore Capital Group had a return on equity of 33.67% and a net margin of 17.67%. The business had revenue of $544.54 million during the quarter, compared to analysts’ expectations of $466.80 million. During the same quarter last year, the business posted $3.17 EPS. The firm’s revenue for the quarter was up 18.3% compared to the same quarter last year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of ECPG. BlackRock Inc. bought a new stake in shares of Encore Capital Group during the 2nd quarter worth approximately $343,229,000. Heartland Advisors Inc. bought a new position in Encore Capital Group in the 2nd quarter valued at $33,848,000. Amundi grew its position in Encore Capital Group by 3,134.1% in the 2nd quarter. Amundi now owns 304,202 shares of the asset manager’s stock valued at $28,379,000 after acquiring an additional 294,796 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Encore Capital Group by 658.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 334,018 shares of the asset manager’s stock worth $23,421,000 after purchasing an additional 289,964 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in Encore Capital Group in the second quarter worth $11,664,000.
Encore Capital Group Company Profile
Encore Capital Group (NASDAQ: ECPG) is a specialty finance company that purchases portfolios of charged-off consumer debt and works to recover amounts owed. Its activities include managing repayment arrangements and providing customer support through its own operations and service providers. The company operates through businesses including Midland Credit Management in the United States and Cabot Credit Management in the United Kingdom and other European markets. Its operations also include customer-service and support functions in India.
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