Encore Capital Group - ECPG Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Encore Capital Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ECPG shares.
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2 brokerages have issued 12 month price targets for Encore Capital Group's shares. Their ECPG share price forecasts range from $71.00 to $87.00. On average, they predict the company's stock price to reach $79.33 in the next twelve months. This suggests a possible upside of 62.7% from the stock's current price.
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Encore Capital Group's stock was trading at $62.11 at the beginning of the year. Since then, ECPG stock has decreased by 21.5% and is now trading at $48.77.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
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Encore Capital Group, Inc. (NASDAQ:ECPG) released its quarterly earnings results on Wednesday, November, 3rd. The asset manager reported $2.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.12 by $0.54. The asset manager had revenue of $412.62 million for the quarter, compared to analysts' expectations of $372.31 million. Encore Capital Group had a trailing twelve-month return on equity of 31.28% and a net margin of 24.34%. During the same period in the prior year, the company posted $2.31 earnings per share.

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 a number of institutional and retail investors. Top institutional investors include FMR LLC (6.68%), Price T Rowe Associates Inc. MD (5.58%), BloombergSen Inc. (4.95%), Turtle Creek Asset Management Inc. (4.65%), Principal Financial Group Inc. (3.77%) and State Street Corp (3.56%). 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 $48.77.

Encore Capital Group (NASDAQ:ECPG) has a market capitalization of $1.16 billion and generates $1.61 billion in revenue each year. The asset manager earns $350.78 million in net income (profit) each year or $13.88 on an earnings per share basis.

The company employs 6,604 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.