Encore Capital Group Inc (NASDAQ:ECPG) Receives Consensus Rating of “Buy” from Analysts

Encore Capital Group Inc (NASDAQ:ECPG) has been assigned an average recommendation of “Buy” from the six analysts that are presently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $89.75.

Several research analysts recently commented on ECPG shares. Wall Street Zen cut Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research upgraded Encore Capital Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Citizens Jmp boosted their price objective on Encore Capital Group from $108.00 to $115.00 and gave the stock a “market outperform” rating in a research report on Wednesday, June 17th. Citigroup restated a “market outperform” rating on shares of Encore Capital Group in a research note on Tuesday, August 11th. Finally, Truist Financial upped their target price on shares of Encore Capital Group from $105.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th.

Insider Buying and Selling

In other Encore Capital Group news, insider John Yung sold 2,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total value of $164,160.00. Following the sale, the insider directly owned 64,570 shares of the company’s stock, valued at approximately $5,299,905.60. This represents a 3.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 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. BlackRock Inc. purchased a new position in Encore Capital Group in the second quarter valued at $343,229,000. California State Teachers Retirement System lifted its holdings in Encore Capital Group by 9,976.1% during the 2nd quarter. California State Teachers Retirement System now owns 2,171,698 shares of the asset manager’s stock worth $202,598,000 after buying an additional 2,150,145 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Encore Capital Group by 78.0% during the 4th quarter. AQR Capital Management LLC now owns 412,498 shares of the asset manager’s stock worth $22,419,000 after acquiring an additional 180,733 shares in the last quarter. Heartland Advisors Inc. boosted 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 worth $27,236,000 after acquiring an additional 2,595 shares in the last quarter. Finally, Barclays PLC increased its holdings in shares of Encore Capital Group by 11.8% in the 4th quarter. Barclays PLC now owns 371,916 shares of the asset manager’s stock valued at $20,214,000 after acquiring an additional 39,214 shares during the last quarter.

Encore Capital Group Stock Performance

NASDAQ:ECPG opened at $93.01 on Wednesday. The company has a fifty day simple moving average of $94.45 and a two-hundred day simple moving average of $81.86. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 7.04 and a beta of 1.27. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 3.87. Encore Capital Group has a 52 week low of $39.94 and a 52 week high of $104.98.

Encore Capital Group (NASDAQ:ECPG) last announced its quarterly earnings data on Wednesday, August 5th. The asset manager reported $2.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.67 by $0.14. The business had revenue of $491.87 million for the quarter, compared to analysts’ expectations of $455.10 million. Encore Capital Group had a return on equity of 29.83% and a net margin of 15.86%.The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the firm earned $2.49 earnings per share. Encore Capital Group has set its FY 2026 guidance at 13.000-14.000 EPS. As a group, equities analysts anticipate that Encore Capital Group will post 13.52 earnings per share for the current fiscal year.

Encore Capital Group Company Profile

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.