Insider Selling: Encore Capital Group (NASDAQ:ECPG) Insider Sells 2,000 Shares of Stock

Encore Capital Group Inc (NASDAQ:ECPG) insider John Yung sold 2,000 shares of the company’s stock in a transaction 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 completion of the transaction, the insider directly owned 64,570 shares in the company, valued at $5,299,905.60. This trade represents 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 link.

Encore Capital Group Trading Up 0.3%

Encore Capital Group stock traded up $0.24 during mid-day trading on Thursday, hitting $80.44. The company’s stock had a trading volume of 325,827 shares, compared to its average volume of 285,209. The company has a 50 day moving average of $79.78 and a 200-day moving average of $66.12. The stock has a market cap of $1.72 billion, a PE ratio of 6.24 and a beta of 1.30. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.90 and a current ratio of 0.90. Encore Capital Group Inc has a one year low of $35.67 and a one year high of $92.64.

Encore Capital Group (NASDAQ:ECPG) last announced its quarterly earnings data on Wednesday, May 6th. The asset manager reported $3.86 EPS for the quarter, beating the consensus estimate of $3.02 by $0.84. The company had revenue of $475.41 million for the quarter, compared to the consensus estimate of $446.26 million. Encore Capital Group had a return on equity of 30.70% and a net margin of 16.00%.Encore Capital Group’s quarterly revenue was up 21.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.93 EPS. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. On average, research analysts anticipate that Encore Capital Group Inc will post 13.01 EPS for the current year.

Institutional Investors Weigh In On Encore Capital Group

Institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc boosted its position in Encore Capital Group by 1,729.6% during the fourth quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock valued at $27,000 after purchasing an additional 467 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Encore Capital Group by 185.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock valued at $39,000 after purchasing an additional 466 shares in the last quarter. Allworth Financial LP boosted its position in Encore Capital Group by 29.1% during the fourth quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock valued at $62,000 after purchasing an additional 257 shares in the last quarter. LSV Asset Management bought a new stake in Encore Capital Group during the third quarter valued at about $88,000. Finally, Tower Research Capital LLC TRC boosted its position in Encore Capital Group by 168.9% during the second quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the asset manager’s stock valued at $105,000 after purchasing an additional 1,706 shares in the last quarter.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Citizens Jmp upped their price objective on Encore Capital Group from $90.00 to $108.00 and gave the company a “market outperform” rating in a research report on Thursday, May 7th. Truist Financial upped their price objective on Encore Capital Group from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Wall Street Zen downgraded Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 9th. Citigroup reaffirmed an “outperform” rating on shares of Encore Capital Group in a research report on Thursday, May 7th. Finally, Weiss Ratings downgraded Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $86.25.

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.