Q4 Earnings Estimate for ECPG Issued By Northland Securities

Encore Capital Group Inc (NASDAQ:ECPG – Free Report) – Analysts at Northland Securities increased their Q4 2027 earnings estimates for shares of Encore Capital Group in a note issued to investors on Tuesday, October 13th. Northland Securities analyst M. Grondahl now forecasts that the asset manager will post earnings of $4.16 per share for the quarter, up from their previous forecast of $3.96. The consensus estimate for Encore Capital Group’s current full-year earnings is $13.52 per share.

A number of other equities research analysts also recently weighed in on the company. Citigroup restated a “market outperform” rating on shares of Encore Capital Group in a research report on Tuesday, August 11th. Citizens Jmp raised their price target 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. Zacks Research lowered Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Truist Financial lifted their price objective on Encore Capital Group from $105.00 to $112.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Weiss Ratings raised Encore Capital Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $103.25.

View Our Latest Report on ECPG

Encore Capital Group Stock Down 4.5%

NASDAQ ECPG opened at $100.86 on Thursday. The stock has a fifty day moving average of $98.78 and a 200-day moving average of $89.03. The stock has a market capitalization of $2.14 billion, a P/E ratio of 7.64 and a beta of 1.30. Encore Capital Group has a 52 week low of $39.94 and a 52 week high of $105.98. The company has a debt-to-equity ratio of 3.87, a quick ratio of 0.96 and a current ratio of 0.96.

Encore Capital Group (NASDAQ:ECPG – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The asset manager reported $2.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $0.14. The firm had revenue of $491.87 million for the quarter, compared to the consensus estimate of $455.10 million. Encore Capital Group had a return on equity of 29.83% and a net margin of 15.86%. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.49 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-14.000 EPS.

Hedge Funds Weigh In On Encore Capital Group

Large investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Encore Capital Group during the 2nd quarter worth $343,229,000. Heartland Advisors Inc. raised its position in shares of Encore Capital Group by 0.7% during the 1st quarter. Heartland Advisors Inc. now owns 388,425 shares of the asset manager’s stock valued at $27,236,000 after acquiring an additional 2,595 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Encore Capital Group by 658.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 334,018 shares of the asset manager’s stock valued at $23,421,000 after acquiring an additional 289,964 shares during the last quarter. Amundi lifted its stake in shares of Encore Capital Group by 3,134.1% in the 2nd quarter. Amundi now owns 304,202 shares of the asset manager’s stock valued at $28,379,000 after purchasing an additional 294,796 shares during the period. Finally, Hillsdale Investment Management Inc. lifted its stake in shares of Encore Capital Group by 4.2% in the 1st quarter. Hillsdale Investment Management Inc. now owns 142,838 shares of the asset manager’s stock valued at $10,016,000 after purchasing an additional 5,700 shares during the period.

Encore Capital Group Company Profile

(Get Free Report)

Encore Capital Group, Inc is a global specialty finance company that purchases portfolios of charged-off consumer receivables and works with individuals to resolve their outstanding obligations. The company manages these accounts through a range of repayment solutions, including flexible payment arrangements and other servicing programs designed to help consumers address unpaid debts.

Encore operates primarily through Midland Credit Management in the United States and Cabot Credit Management in Europe and other international markets.

See Also

Earnings History and Estimates for Encore Capital Group (NASDAQ:ECPG)

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