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NASDAQ:ECPG

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

$44.80
-2.19 (-4.66%)
(As of 05/20/2024 ET)
Today's Range
$44.71
$47.00
50-Day Range
$40.54
$49.12
52-Week Range
$34.74
$54.73
Volume
85,160 shs
Average Volume
159,971 shs
Market Capitalization
$1.06 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$66.50

Encore Capital Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
48.4% Upside
$66.50 Price Target
Short Interest
Bearish
8.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.19mentions of Encore Capital Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$275,000 Sold Last Quarter
Proj. Earnings Growth
49.55%
From $5.59 to $8.36 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.

3.43 out of 5 stars

Finance Sector

371st out of 854 stocks

Short-Term Business Credit Industry

2nd out of 4 stocks

ECPG stock logo

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

ECPG Stock News Headlines

Encore Capital To Privately Place $400 Mln Of Sr. Notes
Encore Capital Group Inc
Encore Capital Group, Inc. (ECPG)
ECPG Apr 2024 45.000 put
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
5/21/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Short - term business credit
Sub-Industry
Consumer Finance
Current Symbol
NASDAQ:ECPG
CUSIP
29255410
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
+48.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-206,490,000.00
Pretax Margin
-14.11%

Debt

Sales & Book Value

Annual Sales
$1.22 billion
Cash Flow
$17.71 per share
Book Value
$39.80 per share

Miscellaneous

Free Float
23,064,000
Market Cap
$1.06 billion
Optionable
Optionable
Beta
1.38

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ECPG Stock Analysis - Frequently Asked Questions

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

2 Wall Street 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 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 brokerages 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 year. This suggests a possible upside of 48.4% 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 start of the year. Since then, ECPG shares have decreased by 11.7% and is now trading at $44.80.
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, August 7th 2024.
View our ECPG earnings forecast
.

How were Encore Capital Group's earnings last quarter?

Encore Capital Group, Inc. (NASDAQ:ECPG) released its quarterly earnings data on Wednesday, May, 8th. The asset manager reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.01. The asset manager earned $328.39 million during the quarter, compared to analyst estimates of $330.83 million. Encore Capital Group had a negative net margin of 16.30% and a positive trailing twelve-month return on equity of 9.95%. The firm's revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.94 EPS.

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).

Who are Encore Capital Group's major shareholders?

Encore Capital Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.78%), Clearbridge Investments LLC (1.67%), Principal Financial Group Inc. (0.82%), Peregrine Capital Management LLC (0.51%), Empowered Funds LLC (0.32%) and Sei Investments Co. (0.27%). Insiders that own company stock include Gregory L Call, Jonathan C Clark, Laura Olle and Ryan B Bell.
View institutional ownership trends
.

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 5/21/2024 by MarketBeat.com Staff

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