NASDAQ:ECPG

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

$44.80

-1.68 (-3.61%)

(As of 05:34 PM ET)

Compare

Today's Range: $44.78
▼
$46.44
50-Day Range: $44.21
▼
$53.23
52-Week Range: $42.50
▼
$72.73

Volume: 239,213 shs
Average Volume: 249,518 shs
Market Capitalization: $1.05 billion

P/E Ratio: 38.96
Dividend Yield: N/A
Price Target: $59.50

Encore Capital Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 32.8% Upside
$59.50 Price Target
Short Interest: Bearish
11.49% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.30
Upright™ Environmental Score
News Sentiment: 1.67
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 50.97%
From $5.65 to $8.53 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Finance Sector

464th out of 905 stocks

Short-Term Business Credit Industry

1st out of 3 stocks

3.3

Analyst's Opinion

Consensus Rating
Encore Capital Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $59.50, Encore Capital Group has a forecasted upside of 32.8% from its current price of $44.80.
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
11.49% 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 9.1.
Change versus previous month
Short interest in Encore Capital Group has recently increased by 2.36%, indicating that investor sentiment is decreasing.

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.

3.7

News and Social Media Coverage

News Sentiment
Encore Capital Group has a news sentiment score of 1.67. 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 higher news sentiment than the 0.68 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Encore Capital Group this week, compared to 2 articles on an average week.
MarketBeat Follows
2 people have added Encore Capital Group to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Encore Capital Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.62% of the stock of Encore Capital Group is held by insiders.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Encore Capital Group are expected to grow by 50.97% in the coming year, from $5.65 to $8.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Encore Capital Group is 38.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of Encore Capital Group is 38.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.26.
Price to Book Value per Share Ratio
Encore Capital Group has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Encore Capital Group (NASDAQ:ECPG) Stock

Encore Capital Group, Inc. is an international specialty finance company, which engages in the provision of debt recovery solutions. It operates through the following geographical segments: United States, Europe, and Other Geographies. The company was founded in 1999 and is headquartered in San Diego, CA.

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ECPG Stock News Headlines

May 16, 2023 | msn.com

Encore Capital ups revolving facility size to $1.18B, extends maturity

May 16, 2023 | finance.yahoo.com

Encore Capital Group (NASDAQ:ECPG) shareholders have earned a 12% CAGR over the last three years

May 30, 2023 | Behind the Markets (Ad)

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May 15, 2023 | finance.yahoo.com

Encore Capital Group, Inc. Extends its Global Senior Facility

May 10, 2023 | americanbankingnews.com

Q4 2023 Earnings Estimate for Encore Capital Group, Inc. Issued By William Blair (NASDAQ:ECPG)

May 9, 2023 | americanbankingnews.com

Northland Capmk Comments on Encore Capital Group, Inc.'s Q2 2023 Earnings (NASDAQ:ECPG)

May 6, 2023 | americanbankingnews.com

Encore Capital Group (NASDAQ:ECPG) Reaches New 52-Week Low on Analyst Downgrade

May 4, 2023 | markets.businessinsider.com

JMP Securities Reaffirms Their Buy Rating on Encore Capital (ECPG)

May 30, 2023 | Behind the Markets (Ad)

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May 4, 2023 | americanbankingnews.com

JMP Securities Lowers Encore Capital Group (NASDAQ:ECPG) Price Target to $61.00

May 4, 2023 | finance.yahoo.com

Encore Capital Group (ECPG) Q1 Earnings and Revenues Miss Estimates

May 3, 2023 | finance.yahoo.com

Encore Capital Group Announces First Quarter 2023 Financial Results

May 3, 2023 | americanbankingnews.com

Short Interest in Encore Capital Group, Inc. (NASDAQ:ECPG) Rises By 6.8%

May 1, 2023 | americanbankingnews.com

Encore Capital Group (ECPG) Set to Announce Quarterly Earnings on Wednesday

April 26, 2023 | finance.yahoo.com

Earnings Preview: Encore Capital Group (ECPG) Q1 Earnings Expected to Decline

April 5, 2023 | finance.yahoo.com

Encore Capital Group to Announce First Quarter 2023 Financial Results on May 3

March 31, 2023 | americanbankingnews.com

Encore Capital Group (NASDAQ:ECPG) Lifted to "Buy" at Janney Montgomery Scott

March 30, 2023 | americanbankingnews.com

Encore Capital Group (NASDAQ:ECPG) Stock Rating Upgraded by Janney Montgomery Scott

March 29, 2023 | msn.com

Janney Montgomery Scott Upgrades Encore Capital Group (ECPG)

March 28, 2023 | finanznachrichten.de

Encore Capital Group, Inc.: John Yung Appointed President, International and Cabot Credit Management

March 28, 2023 | finance.yahoo.com

John Yung Appointed President, International and Cabot Credit Management

March 1, 2023 | finance.yahoo.com

Encore Capital Group, Inc. Prices $200.0 Million Convertible Senior Notes Offering

February 27, 2023 | finance.yahoo.com

Encore Capital Group Announces Findings of its Second Economic Freedom Study

February 24, 2023 | seekingalpha.com

Encore Capital Group, Inc. (ECPG) Q4 2022 Earnings Call Transcript

February 24, 2023 | finance.yahoo.com

Encore Capital Group Full Year 2022 Earnings: Misses Expectations

February 22, 2023 | finance.yahoo.com

Encore Capital Group Announces Fourth Quarter and Full-Year 2022 Financial Results

February 22, 2023 | seekingalpha.com

ECPG Encore Capital Group, Inc.

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ECPG Company Calendar

Last Earnings: 2/22/2023
Today: 5/30/2023
Next Earnings (Estimated): 8/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Short-term business credit
Sub-Industry: Consumer Finance
Sector: Finance
Current Symbol: NASDAQ:ECPG
CUSIP: 29255410
CIK: 1084961
Web: www.encorecapital.com
Phone: (877) 445-4581
Fax: 858-309-6978
Employees: 6,900
Year Founded: 1953

Price Target and Rating

Average Stock Price Forecast: $59.50
High Stock Price Forecast: $61.00
Low Stock Price Forecast: $58.00
Forecasted Upside/Downside: +28.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.15
Trailing P/E Ratio: 40.42
Forward P/E Ratio: 8.23
P/E Growth: N/A
Net Income: $194.56 million
Net Margins: 3.09%
Pretax Margin: 8.69%
Return on Equity: 3.52%
Return on Assets: 0.94%

Debt

Debt-to-Equity Ratio: 2.60
Current Ratio: 0.88
Quick Ratio: 0.88

Sales & Book Value

Annual Sales: $1.40 billion
Price / Sales: 0.78
Cash Flow: $10.47 per share
Price / Cash Flow: 4.44
Book Value: $50.44 per share
Price / Book: 0.92

Miscellaneous

Outstanding Shares: 23,480,000
Free Float: 22,867,000
Market Cap: $1.09 billion
Optionable: Optionable
Beta: 1.48

Social Links

Key Executives

Ashish Masih
President, Chief Executive Officer & Director

Jonathan Crawford Clark
Treasurer, Chief Financial & Accounting Officer

Monique Dumais-Chrisope
Chief Information Officer & Senior Vice President

Steve Carmichael
Senior VP, Chief Risk & Compliance Officer

Tracy Ting
Chief Human Resources Officer & SVP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ECPG Stock - Frequently Asked Questions

Should I buy or sell Encore Capital Group stock right now?: 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.
View ECPG analyst ratings or view top-rated stocks.
What is Encore Capital Group's stock price forecast for 2023?: 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.
View analysts price targets for ECPG or view top-rated stocks among Wall Street analysts.
How have ECPG shares performed in 2023?: 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.
View the best growth stocks for 2023 here.
When is Encore Capital Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our ECPG earnings forecast.
How were Encore Capital Group's earnings last quarter?: 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.
What ETFs hold Encore Capital Group's stock?: 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).
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 Trust (QQQ), AT&T (T) and Advanced Micro Devices (AMD).

What is Encore Capital Group's stock symbol?: Encore Capital Group trades on the NASDAQ under the ticker symbol "ECPG."
Who are Encore Capital Group's major shareholders?: 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.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Encore Capital Group's stock price today?: One share of ECPG stock can currently be purchased for approximately $46.48.
How much money does Encore Capital Group make?: 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.
How many employees does Encore Capital Group have?: The company employs 6,900 workers across the globe.
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
How can I contact Encore Capital Group?: 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.

This page (NASDAQ:ECPG) was last updated on 5/30/2023 by MarketBeat.com Staff

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