
Encore Capital Group Inc (NASDAQ:ECPG – Free Report) – Stock analysts at Northland Securities lifted their Q1 2027 EPS estimates for Encore Capital Group in a report released 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 previous estimate 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.
A number of other brokerages have also recently commented on ECPG. Weiss Ratings raised Encore Capital Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Truist Financial lifted their target price on Encore Capital Group from $105.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Citizens Jmp boosted 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. Citigroup reissued a “market outperform” rating on shares of Encore Capital Group in a report on Tuesday, August 11th. Finally, Zacks Research cut Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $103.25.
Encore Capital Group Trading Up 4.7%
Shares of ECPG stock opened at $105.60 on Wednesday. The company has a debt-to-equity ratio of 3.87, a current ratio of 0.96 and a quick ratio of 0.96. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 7.99 and a beta of 1.30. Encore Capital Group has a 1 year low of $39.94 and a 1 year high of $105.74. The firm has a fifty day moving average price of $98.62 and a 200-day moving average price of $88.81.
Encore Capital Group (NASDAQ:ECPG – Get Free Report) 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 business had revenue of $491.87 million for the quarter, compared to analysts’ expectations of $455.10 million. Encore Capital Group had a net margin of 15.86% and a return on equity of 29.83%. The company’s revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $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
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Encore Capital Group during the 2nd quarter valued at approximately $343,229,000. Heartland Advisors Inc. increased its stake in Encore Capital Group by 0.7% in 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 during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings 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 worth $23,421,000 after acquiring an additional 289,964 shares in the last quarter. Amundi raised its holdings 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 worth $28,379,000 after acquiring an additional 294,796 shares in the last quarter. Finally, Hillsdale Investment Management Inc. raised its holdings 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 worth $10,016,000 after acquiring an additional 5,700 shares in the last quarter.
About Encore Capital Group
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.
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