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) announced its quarterly earnings data on Wednesday, November, 6th. The asset manager reported $1.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.39 by $0.25. The asset manager had revenue of $355.94 million for the quarter, compared to analysts' expectations 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 for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the firm 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 equities research analysts have issued 12-month price targets for Encore Capital Group's stock. Their forecasts range from $37.00 to $50.00. On average, they anticipate Encore Capital Group's stock price to reach $42.25 in the next twelve months. This suggests a possible upside of 19.0% 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 stories about ECPG stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Encore Capital Group earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock'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), Paypal (PYPL), JPMorgan Chase & Co. (JPM), SEA (SE), Novavax (NVAX), Invesco QQQ Trust (QQQ), Pra Group (PRAA), Marathon Petroleum (MPC), Aurora Cannabis (ACB) and Invesco (IVZ).

Encore Capital Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (1.07%), Peregrine Capital Management LLC (0.79%), New York State Teachers Retirement System (0.14%), State of Alaska Department of Revenue (0.07%), Arizona State Retirement System (0.06%) and Sheets Smith Wealth Management (0.04%). 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 Arizona State Retirement System, Smith Graham & Co. Investment Advisors LP, Louisiana State Employees Retirement System, Peregrine Capital Management LLC, Sheets Smith Wealth Management, State of Alaska Department of Revenue and New York State Teachers Retirement System. View Insider Buying and Selling for Encore Capital Group.

ECPG stock was bought by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC. Company insiders that have bought Encore Capital Group stock in the last two years include Ashish Masih and Jonathan C Clark. 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 $35.51.

Encore Capital Group has a market capitalization of $1.10 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]