Q1 Earnings Forecast for ECPG Issued By Northland Securities

Encore Capital Group Inc (NASDAQ:ECPG) – Equities research analysts at Northland Securities lifted their Q1 2027 earnings per share (EPS) estimates for shares of Encore Capital Group in a report issued on Tuesday, October 13th. Northland Securities analyst M. Grondahl now forecasts that the asset manager will post earnings per share of $3.64 for the quarter, up from their prior forecast of $3.62. The consensus estimate for Encore Capital Group’s current full-year earnings is $13.52 per share. Northland Securities also issued estimates for Encore Capital Group’s Q2 2027 earnings at $3.74 EPS, Q3 2027 earnings at $3.96 EPS and FY2027 earnings at $15.50 EPS.

Encore Capital Group (NASDAQ:ECPG) last issued its quarterly earnings results on Wednesday, August 5th. The asset manager reported $2.81 earnings per share for the quarter, topping the consensus estimate of $2.67 by $0.14. The company 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 firm’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.49 earnings per share. Encore Capital Group has set its FY 2026 guidance at 13.000-14.000 EPS.

Other research analysts have also issued reports about the stock. Citizens Jmp increased their price target on shares of Encore Capital Group from $108.00 to $115.00 and gave the stock a “market outperform” rating in a research note on Wednesday, June 17th. Zacks Research cut shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Citigroup reissued a “market outperform” rating on shares of Encore Capital Group in a research note on Tuesday, August 11th. Truist Financial boosted their price objective 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. Finally, Weiss Ratings upgraded shares of 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 company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $103.25.

Encore Capital Group Stock Performance

Shares of Encore Capital Group stock opened at $105.60 on Wednesday. Encore Capital Group has a 12 month low of $39.94 and a 12 month high of $105.74. The firm has a market capitalization of $2.24 billion, a P/E ratio of 7.99 and a beta of 1.30. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 3.87. The business has a fifty day simple moving average of $98.62 and a two-hundred day simple moving average of $88.81.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in Encore Capital Group in the second quarter valued at about $343,229,000. Heartland Advisors Inc. boosted its position in Encore Capital Group by 0.7% in the first quarter. Heartland Advisors Inc. now owns 388,425 shares of the asset manager’s stock worth $27,236,000 after purchasing an additional 2,595 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Encore Capital Group by 658.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 334,018 shares of the asset manager’s stock worth $23,421,000 after purchasing an additional 289,964 shares during the last quarter. Amundi grew its stake in shares of Encore Capital Group by 3,134.1% during 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. grew its stake in shares of Encore Capital Group by 4.2% during 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

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.