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

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Encore Capital Group in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ECPG shares.
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3 brokerages have issued 12-month price targets for Encore Capital Group's shares. Their ECPG share price forecasts range from $58.00 to $61.00. On average, they anticipate the company's share price to reach $59.50 in the next year. This suggests a possible upside of 28.0% from the stock's current price.
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Encore Capital Group's stock was trading at $47.94 at the start of the year. Since then, ECPG stock has decreased by 3.0% and is now trading at $46.48.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our ECPG earnings forecast.

Encore Capital Group, Inc. (NASDAQ:ECPG) posted its quarterly earnings results on Wednesday, February, 22nd. The asset manager reported ($3.11) earnings per share for the quarter, missing the consensus estimate of $1.43 by $4.54. The asset manager earned $233.90 million during the quarter, compared to the consensus estimate of $319.07 million. Encore Capital Group had a trailing twelve-month return on equity of 3.52% and a net margin of 3.09%. The firm's quarterly revenue was down 34.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.53 EPS.

ETFs with the largest weight of Encore Capital Group (NASDAQ:ECPG) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Roundhill Acquirers Deep Value ETF (DEEP), Burney U.S. Factor Rotation ETF (BRNY), First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap 600 Pure Value ETF (RZV) and WisdomTree U.S. SmallCap Earnings Fund (EES).

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.

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 Trust (QQQ), AT&T (T) and Advanced Micro Devices (AMD).

Encore Capital Group trades on the NASDAQ under the ticker symbol "ECPG."

Encore Capital Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.49%), Turtle Creek Asset Management Inc. (8.95%), Dimensional Fund Advisors LP (8.30%), FMR LLC (7.05%), BloombergSen Inc. (4.33%) and State Street Corp (3.76%). Insiders that own company stock include Gregory L Call, Laura Olle, Ryan B Bell and Wendy Hannam.
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Shares of ECPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ECPG stock can currently be purchased for approximately $46.48.

Encore Capital Group (NASDAQ:ECPG) has a market capitalization of $1.09 billion and generates $1.40 billion in revenue each year. The asset manager earns $194.56 million in net income (profit) each year or $1.15 on an earnings per share basis.

The company employs 6,900 workers across the globe.

Encore Capital Group's mailing address is 350 CAMINO DE LA REINA SUITE 100, SAN DIEGO CA, 92108. The official website for the company is www.encorecapital.com. The asset manager can be reached via phone at (877) 445-4581, via email at bruce.thomas@encorecapital.com, or via fax at 858-309-6978.