Shares of Encore Capital Group Inc (NASDAQ:ECPG – Get Free Report) have earned an average rating of “Buy” from the six brokerages that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $88.00.
A number of equities research analysts have weighed in on the company. Zacks Research raised Encore Capital Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Citigroup reaffirmed a “market outperform” rating on shares of Encore Capital Group in a report on Wednesday, June 17th. Weiss Ratings lowered Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Truist Financial lifted their price objective on Encore Capital Group from $100.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Citizens Jmp lifted their price objective on Encore Capital Group from $108.00 to $115.00 and gave the company a “market outperform” rating in a report on Wednesday, June 17th.
View Our Latest Stock Report on Encore Capital Group
Encore Capital Group Price Performance
Encore Capital Group (NASDAQ:ECPG – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The asset manager reported $3.86 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.84. Encore Capital Group had a return on equity of 30.70% and a net margin of 16.00%.The company had revenue of $475.41 million for the quarter, compared to analyst estimates of $446.26 million. During the same quarter in the previous year, the company earned $1.93 EPS. The firm’s revenue for the quarter was up 21.0% compared to the same quarter last year. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. Research analysts anticipate that Encore Capital Group will post 13.01 earnings per share for the current year.
Insider Activity at Encore Capital Group
In other news, insider John Yung sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $82.08, for a total transaction of $164,160.00. Following the sale, the insider owned 64,570 shares of the company’s stock, valued at $5,299,905.60. The trade was a 3.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.00% of the stock is owned by company insiders.
Institutional Investors Weigh In On Encore Capital Group
Institutional investors have recently modified their holdings of the company. Carnegie Investment Counsel purchased a new stake in shares of Encore Capital Group during the 4th quarter worth approximately $1,453,000. Tredje AP fonden purchased a new stake in shares of Encore Capital Group during the 3rd quarter worth approximately $923,000. Hillsdale Investment Management Inc. purchased a new stake in shares of Encore Capital Group during the 4th quarter worth approximately $7,453,000. Wakefield Asset Management LLLP purchased a new stake in shares of Encore Capital Group during the 4th quarter worth approximately $1,234,000. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of Encore Capital Group during the 3rd quarter worth approximately $586,000.
About Encore Capital Group
Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.
Headquartered in San Diego, California, Encore operates across North America and Europe.
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