Encore Capital Group - ECPG Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Encore Capital Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ECPG shares.
View ECPG analyst ratings or view top-rated stocks.

2 brokers have issued 12 month target prices for Encore Capital Group's stock. Their ECPG share price forecasts range from $58.00 to $68.00. On average, they predict the company's stock price to reach $63.00 in the next year. This suggests a possible upside of 34.5% 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 the year. Since then, ECPG stock has decreased by 2.3% and is now trading at $46.85.
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Encore Capital Group saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 2,530,000 shares, a decrease of 13.4% from the February 28th total of 2,920,000 shares. Based on an average daily volume of 272,900 shares, the days-to-cover ratio is presently 9.3 days. Currently, 11.2% of the shares of the stock are short sold.
View Encore Capital Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our ECPG earnings forecast.

Encore Capital Group, Inc. (NASDAQ:ECPG) issued its 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 the consensus estimate of $319.07 million. Encore Capital Group had a trailing twelve-month return on equity of 16.05% and a net margin of 13.91%. The business's quarterly revenue was down 34.5% on a year-over-year basis. During the same period in the previous year, the business earned $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), Burney U.S. Factor Rotation ETF (BRNY), Cambria Shareholder Yield ETF (SYLD), First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco S&P SmallCap Financials ETF (PSCF), Principal U.S. Small-Cap Multi-Factor ETF (PSC) 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 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 variety of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.22%), Broad Run Investment Management LLC (6.45%), BloombergSen Inc. (4.47%), T. Rowe Price Investment Management Inc. (4.46%), Principal Financial Group Inc. (3.47%) and Bank of Montreal Can (3.44%). Insiders that own company stock include Gregory L Call, Laura Olle, Ryan B Bell and Wendy Hannam.
View institutional ownership trends.

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 $46.85.

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 $6.80 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.