NASDAQ:ECPG - Encore Capital Group Stock Price, Forecast & News

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

Encore Capital Group, Inc. (NASDAQ:ECPG) posted its quarterly earnings results on Wednesday, November, 6th. The asset manager reported $1.64 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.39 by $0.25. The asset manager had revenue of $355.94 million for the quarter, compared to the consensus estimate of $348.73 million. Encore Capital Group had a net margin of 12.28% and a return on equity of 20.85%. The business's revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.19 earnings per share. View Encore Capital Group's Earnings History.

Encore Capital Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Encore Capital Group.

4 brokers have issued 1 year price targets for Encore Capital Group's shares. Their forecasts range from $37.00 to $50.00. On average, they expect Encore Capital Group's share price to reach $42.25 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for Encore Capital Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Encore Capital Group in the last year. There are currently 1 sell rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Encore Capital Group.

News articles about ECPG stock have trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Encore Capital Group earned a daily sentiment score of 0.7 on InfoTrie's scale. They also gave news articles about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Encore Capital Group.

Some companies that are related to Encore Capital Group include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), SLM (SLM), FirstCash (FCFS), Nelnet (NNI), Pra Group (PRAA), Green Dot (GDOT), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Nicholas Financial (NICK) and Asta Funding (ASFI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Encore Capital Group investors own include BioTelemetry (BEAT), Invesco QQQ Trust (QQQ), Paypal (PYPL), JPMorgan Chase & Co. (JPM), SEA (SE), Novavax (NVAX), Pra Group (PRAA), UnitedHealth Group (UNH), Aurora Cannabis (ACB) and Lockheed Martin (LMT).

Encore Capital Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.79%), State of Alaska Department of Revenue (0.07%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Encore Capital Group stock include Ashish Masih, Jcf Iii Europe Holdings LP, Jonathan C Clark and Paul Grinberg. View Institutional Ownership Trends for Encore Capital Group.

ECPG stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, Peregrine Capital Management LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Encore Capital Group.

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

One share of ECPG stock can currently be purchased for approximately $36.92.

Encore Capital Group has a market capitalization of $1.15 billion and generates $1.36 billion in revenue each year. The asset manager earns $115.89 million in net income (profit) each year or $4.98 on an earnings per share basis. Encore Capital Group employs 7,900 workers across the globe.View Additional Information About Encore Capital Group.

The official website for Encore Capital Group is http://www.encorecapital.com/.

Encore Capital Group's mailing address is 350 CAMINO DE LA REINA SUITE 100, SAN DIEGO CA, 92108. The asset manager can be reached via phone at 877-445-4581 or via email at [email protected]