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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Encore Capital Group in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ECPG shares.
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3 analysts have issued 12-month price objectives for Encore Capital Group's stock. Their ECPG share price forecasts range from $58.00 to $61.00. On average, they predict the company's share price to reach $59.50 in the next twelve months. This suggests a possible upside of 38.1% from the stock's current price.
View analysts price targets for ECPG or view top-rated stocks among Wall Street analysts.

Encore Capital Group's stock was trading at $47.94 at the beginning of 2023. Since then, ECPG shares have decreased by 10.2% and is now trading at $43.07.
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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) issued its quarterly earnings results on Wednesday, February, 22nd. The asset manager reported ($3.11) EPS for the quarter, missing the consensus estimate of $1.43 by $4.54. The asset manager had revenue of $233.90 million for the quarter, compared to analysts' expectations of $319.07 million. Encore Capital Group had a net margin of 3.09% and a trailing twelve-month return on equity of 3.52%. The business's quarterly revenue was down 34.5% compared to the same quarter last year. During the same period last year, the company posted $2.53 earnings per share.

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 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 (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 investors 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 $43.07.

Encore Capital Group (NASDAQ:ECPG) has a market capitalization of $1.01 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.