Should I buy or sell Encore Capital Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Encore Capital Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ECPG shares. View ECPG analyst ratings or view top-rated stocks .

What is Encore Capital Group's stock price target for 2024?

2 Wall Street research analysts have issued 12-month price targets for Encore Capital Group's shares. Their ECPG share price targets range from $60.00 to $73.00. On average, they expect the company's share price to reach $66.50 in the next twelve months. This suggests a possible upside of 58.3% from the stock's current price. View analysts price targets for ECPG or view top-rated stocks among Wall Street analysts .

How have ECPG shares performed in 2024?

Encore Capital Group's stock was trading at $50.75 at the beginning of the year. Since then, ECPG stock has decreased by 17.2% and is now trading at $42.00. View the best growth stocks for 2024 here .

When is Encore Capital Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our ECPG earnings forecast .

How can I listen to Encore Capital Group's earnings call?

Encore Capital Group will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Encore Capital Group's earnings last quarter?

Encore Capital Group, Inc. (NASDAQ:ECPG) issued its earnings results on Wednesday, February, 21st. The asset manager reported $1.25 EPS for the quarter, beating the consensus estimate of $1.22 by $0.03. The asset manager earned $277.39 million during the quarter, compared to analyst estimates of $330.77 million. Encore Capital Group had a negative net margin of 16.89% and a positive trailing twelve-month return on equity of 9.46%.

What ETF holds Encore Capital Group's stock?

WisdomTree U.S. SmallCap Fund holds 41,493 shares of ECPG stock, representing 0.35% of its portfolio.

What is Ashish Masih's approval rating as Encore Capital Group's CEO?

217 employees have rated Encore Capital Group Chief Executive Officer Ashish Masih on Glassdoor.com . Ashish Masih has an approval rating of 79% among the company's employees. 69.0% of employees surveyed would recommend working at Encore Capital Group to a friend.

What other stocks do shareholders of Encore Capital Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Encore Capital Group investors own include BioTelemetry (BEAT) , JPMorgan Chase & Co. (JPM) , PayPal (PYPL) , SEA (SE) , AbbVie (ABBV) , Novavax (NVAX) , Pfizer (PFE) , Invesco QQQ (QQQ) , AT&T (T) and Advanced Micro Devices (AMD) .

How do I buy shares of Encore Capital Group?

Shares of ECPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Encore Capital Group have any subsidiaries?

The following companies are subsidiares of Encore Capital Group: Baycorp, Cabot Credit Management, and Grove Capital Management. Read More

NASDAQ:ECPG

Encore Capital Group (ECPG) Stock Price, News & Analysis

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Free ECPG Stock Alerts

$42.36

+0.72 (+1.73%)

(As of 12:09 PM ET)

Compare

Today's Range: $41.71
▼
$43.18
50-Day Range: $40.54
▼
$53.42
52-Week Range: $34.74
▼
$54.73

Volume: 74,484 shs
Average Volume: 166,426 shs
Market Capitalization: $997.58 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $66.50

Get Encore Capital Group alerts:

Encore Capital Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 58.3% Upside
$66.50 Price Target
Short Interest: Bearish
9.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.30
Upright™ Environmental Score
News Sentiment: 0.32
Based on 7 Articles This Week
Insider Trading: Selling Shares
$275,000 Sold Last Quarter
Proj. Earnings Growth: 50.25%
From $5.93 to $8.91 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.67 out of 5 stars

Finance Sector

403rd out of 847 stocks

Short-Term Business Credit Industry

2nd out of 3 stocks

3.5

Analyst's Opinion

Consensus Rating
Encore Capital Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Encore Capital Group has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
9.21% of the float of Encore Capital Group has been sold short.
Short Interest Ratio / Days to Cover
Encore Capital Group has a short interest ratio ("days to cover") of 12.8, which indicates bearish sentiment.
Change versus previous month
Short interest in Encore Capital Group has recently decreased by 0.95%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Encore Capital Group does not currently pay a dividend.
Dividend Growth
Encore Capital Group does not have a long track record of dividend growth.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Encore Capital Group has received a 6.86% net impact score from Upright. Encore Capital seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Collection agency services" product. See details.
Environmental Sustainability
The Environmental Impact score for Encore Capital Group is -0.30.

3.0

News and Social Media Coverage

News Sentiment
Encore Capital Group has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Encore Capital Group this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for ECPG on MarketBeat in the last 30 days.
MarketBeat Follows
1 people have added Encore Capital Group to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Encore Capital Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $275,000.00 in company stock.
Percentage Held by Insiders
Only 2.90% of the stock of Encore Capital Group is held by insiders.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Encore Capital Group are expected to grow by 50.25% in the coming year, from $5.93 to $8.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Encore Capital Group is -4.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Encore Capital Group is -4.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Encore Capital Group has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Encore Capital Group Stock (NASDAQ:ECPG)

Encore Capital Group, Inc., a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It is also involved in the provision of early stage collection, business process outsourcing, and contingent collection services. In addition, the company engages in debt servicing and other portfolio management services to credit originator for non-performing loans. Further, it offers credit management services. Encore Capital Group, Inc. was incorporated in 1999 and is headquartered in San Diego, California.

ECPG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ECPG Stock News Headlines

April 18, 2024 | finance.yahoo.com

Encore Capital Group, Inc. (ECPG)

April 18, 2024 | americanbankingnews.com

Encore Capital Group (NASDAQ:ECPG) Receives Market Outperform Rating from JMP Securities

April 19, 2024 | Paradigm Press (Ad)

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April 17, 2024 | globenewswire.com

Encore Capital Group to Announce First Quarter 2024 Financial Results on May 8

April 17, 2024 | americanbankingnews.com

Critical Comparison: Encore Capital Group (NASDAQ:ECPG) versus Palmer Square Capital BDC (NYSE:PSBD)

March 17, 2024 | finance.yahoo.com

ECPG Apr 2024 45.000 put

March 16, 2024 | nasdaq.com

Notable Two Hundred Day Moving Average Cross - ECPG

March 16, 2024 | finanznachrichten.de

Encore Capital Group, Inc.: Encore Capital Group Announces Fourth Quarter and Full-Year 2023 Financial Results

April 19, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

March 14, 2024 | globenewswire.com

Encore Capital Group, Inc. Announces Pricing of Upsized Senior Secured Notes Offering

March 12, 2024 | globenewswire.com

Encore Capital Group, Inc. Announces Proposed Senior Secured Notes Offering

March 1, 2024 | globenewswire.com

Encore Capital Group to Present and Meet with Investors at the Raymond James 45th Annual Institutional Investors Conference

February 28, 2024 | seekingalpha.com

Encore Capital Group: Debt Collector Slumps After Earnings Despite Solid Financial Position And Favorable Fundamentals (Speculative Buy)

February 23, 2024 | finance.yahoo.com

Encore Capital Group Full Year 2023 Earnings: Misses Expectations

February 23, 2024 | finance.yahoo.com

Encore Capital Group, Inc. (NASDAQ:ECPG) Q4 2023 Earnings Call Transcript

February 22, 2024 | finance.yahoo.com

Q4 2023 Encore Capital Group Inc Earnings Call

February 21, 2024 | msn.com

Encore Capital Group (ECPG) Q4 Earnings Beat Estimates

February 21, 2024 | finance.yahoo.com

Encore Capital Group Inc (ECPG) Faces Net Loss in 2023 Despite Strong Portfolio Growth

February 21, 2024 | globenewswire.com

Encore Capital Group Announces Fourth Quarter and Full-Year 2023 Financial Results

February 20, 2024 | benzinga.com

Earnings Preview For Encore Capital Gr

February 20, 2024 | msn.com

Spotlight on Encore Capital's (ECPG) Q4 Earnings Drivers

February 17, 2024 | finance.yahoo.com

ECPG Mar 2024 62.500 call

February 17, 2024 | finance.yahoo.com

ECPG Mar 2024 37.500 put

January 31, 2024 | wsj.com

Encore Capital Group Inc.

November 8, 2023 | finanznachrichten.de

Encore Capital Group, Inc.: Encore Capital Group Announces Third Quarter 2023 Financial Results

November 1, 2023 | finance.yahoo.com

Encore Capital Group Inc (ECPG) Q3 2023 Earnings: GAAP EPS of $0.79, Net Income Down by 39%

November 1, 2023 | seekingalpha.com

Encore Capital Group, Inc. 2023 Q3 - Results - Earnings Call Presentation

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Short-term business credit
Sub-Industry: Consumer Finance
Current Symbol: NASDAQ:ECPG
CUSIP: 29255410
CIK: 1084961
Web: www.encorecapital.com
Phone: (877) 445-4581
Fax: 858-309-6978
Employees: 7,400
Year Founded: 1953

Price Target and Rating

Average Stock Price Target: $66.50
High Stock Price Target: $73.00
Low Stock Price Target: $60.00
Potential Upside/Downside: +58.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($8.78)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 7.08
P/E Growth: N/A
Net Income: $-206,490,000.00
Net Margins: -16.89%
Pretax Margin: -14.74%
Return on Equity: 9.46%
Return on Assets: 2.27%

Debt

Debt-to-Equity Ratio: 3.54
Current Ratio: 0.83
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $1.22 billion
Price / Sales: 0.81
Cash Flow: $18.92 per share
Price / Cash Flow: 2.22
Book Value: $39.80 per share
Price / Book: 1.06

Miscellaneous

Outstanding Shares: 23,550,000
Free Float: 22,862,000
Market Cap: $989.10 million
Optionable: Optionable
Beta: 1.36

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Key Executives

Mr. Ashish Masih (Age 59)
President, CEO & Director
Comp: $1.54M
Mr. Jonathan C. Clark (Age 65)
Executive VP, Principal Accounting Officer, CFO & Treasurer
Comp: $1.11M
Mr. Andrew E. Asch
Senior VP, General Counsel & Corporate Secretary
Mr. Ryan B. Bell (Age 44)
President of Midland Credit Management, Inc.
Comp: $893.11k
Ms. Monique Dumais-Chrisope
Senior VP & Chief Information Officer
Mr. Bruce Thomas
Vice President of Global Investor Relations
Mr. Steve Carmichael
Senior VP and Chief Risk, Strategy & Compliance Officer
Faryar Borhani
VP & Chief Communications Officer
Ms. Tracy Ting
Senior VP & Chief Human Resources Officer
Ms. Sheryl Wright
Senior Vice President of Corporate & Government Affairs

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ECPG Stock Analysis - Frequently Asked Questions

Should I buy or sell Encore Capital Group stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Encore Capital Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ECPG shares.
View ECPG analyst ratings or view top-rated stocks.
What is Encore Capital Group's stock price target for 2024?: 2 Wall Street research analysts have issued 12-month price targets for Encore Capital Group's shares. Their ECPG share price targets range from $60.00 to $73.00. On average, they expect the company's share price to reach $66.50 in the next twelve months. This suggests a possible upside of 58.3% from the stock's current price.
View analysts price targets for ECPG or view top-rated stocks among Wall Street analysts.
How have ECPG shares performed in 2024?: Encore Capital Group's stock was trading at $50.75 at the beginning of the year. Since then, ECPG stock has decreased by 17.2% and is now trading at $42.00.
View the best growth stocks for 2024 here.
When is Encore Capital Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our ECPG earnings forecast.
How can I listen to Encore Capital Group's earnings call?: Encore Capital Group will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Encore Capital Group's earnings last quarter?: Encore Capital Group, Inc. (NASDAQ:ECPG) issued its earnings results on Wednesday, February, 21st. The asset manager reported $1.25 EPS for the quarter, beating the consensus estimate of $1.22 by $0.03. The asset manager earned $277.39 million during the quarter, compared to analyst estimates of $330.77 million. Encore Capital Group had a negative net margin of 16.89% and a positive trailing twelve-month return on equity of 9.46%.

What ETF holds Encore Capital Group's stock?: WisdomTree U.S. SmallCap Fund holds 41,493 shares of ECPG stock, representing 0.35% of its portfolio.
What is Ashish Masih's approval rating as Encore Capital Group's CEO?: 217 employees have rated Encore Capital Group Chief Executive Officer Ashish Masih on Glassdoor.com. Ashish Masih has an approval rating of 79% among the company's employees. 69.0% of employees surveyed would recommend working at Encore Capital Group to a friend.
What other stocks do shareholders of Encore Capital Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Encore Capital Group investors own include BioTelemetry (BEAT), JPMorgan Chase & Co. (JPM), PayPal (PYPL), SEA (SE), AbbVie (ABBV), Novavax (NVAX), Pfizer (PFE), Invesco QQQ (QQQ), AT&T (T) and Advanced Micro Devices (AMD).
How do I buy shares of Encore Capital Group?: Shares of ECPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Encore Capital Group have any subsidiaries?: The following companies are subsidiares of Encore Capital Group: Baycorp, Cabot Credit Management, and Grove Capital Management.
Read More

This page (NASDAQ:ECPG) was last updated on 4/19/2024 by MarketBeat.com Staff

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