Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Encore Capital Group Inc Market Cap
From what 8 stock analysts predict, the share price for Encore Capital Group Inc (ECPG) might increase by 31.35% in the next year. This is based on a 12-month average estimation for ECPG. Price targets go from $55 to $64. The majority of stock analysts believe ECPG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
ECPG is a stock in Finance which has been forecasted to be worth $60.25 as an average. On the higher end, the forecast price is $64 USD by Mark Hughes from Truist Securities and on the lower end ECPG is forecasted to be $55 by from .
These are the latest 20 analyst ratings of ECPG.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Mark Hughes Truist Securities | Buy | $64 | Maintains | Aug 20, 2024 |
| David Scharf JMP Securities | Market Outperform | $60 | Reiterates | May 6, 2024 |
| David Scharf JMP Securities | Market Outperform | $60 | Reiterates | Apr 17, 2024 |
| David Scharf JMP Securities | Market Outperform | $56 | Maintains | Nov 6, 2023 |
| Mark Hughes Truist Securities | Buy | $73 | Reiterates | Sep 21, 2023 |
| David Scharf JMP Securities | Market Outperform | $61 | Reiterates | Aug 7, 2023 |
| David Scharf JMP Securities | Market Outperform | $61 | Reiterates | Jul 14, 2023 |
| David Scharf JMP Securities | Outperform | $61 | Maintains | May 4, 2023 |
| John Rowan Janney Montgomery Scott | Buy | Upgrade | Mar 28, 2023 | |
| David Scharf JMP Securities | Market Outperform | $68 | Reiterates | Feb 27, 2023 |
| Mike Grondahl Northland Capital Markets | Market Perform | $58 | Downgrade | Feb 14, 2023 |
| David Scharf JMP Securities | Market Outperform | $77 | Maintains | May 16, 2022 |
| Mike Grondahl Northland Capital Markets | Outperform | $80 | Maintains | Feb 15, 2022 |
| David Scharf JMP Securities | Market Outperform | $71 | Maintains | Nov 4, 2021 |
Oppenheimer | Outperform | $54 | Maintains | Nov 3, 2020 |
Oppenheimer | Outperform | $42 | Maintains | May 13, 2020 |
JMP Securities | Market Outperform | $42 | Maintains | Feb 28, 2019 |
Oppenheimer | Outperform | Upgrade | Jan 15, 2019 | |
Oppenheimer | Perform | Downgrade | Oct 2, 2018 | |
Northland Capital Markets | Outperform | Upgrade | Aug 9, 2018 |
When did it IPO
N/A
Staff Count
7,400
Country
United States
Sector/Industry
Financial Services/Mortgage Finance
CEO
Mr. Ashish Masih
Market Cap
$1.18B
In 2023, ECPG generated $1.22B in revenue, which was a decrease of -12.56% from the previous year. This can be seen as a signal that ECPG's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 20 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Encore Capital (ECPG) projects interest expenses of $250 million for 2024 resulting from bond refinancing activities.
Why It Matters - Encore Capital's projected $250 million interest expenses indicate potential lower profitability, impacting stock performance and investor returns. Bond refinancing could also signal financial instability.
Wed, 07 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Encore Capital Group (NASDAQ: ECPG) announced its consolidated financial results for Q2 2024, ending June 30. Further details on performance were not provided in the excerpt.
Why It Matters - Encore Capital's Q2 financial results indicate its performance and growth potential, impacting stock valuation and investment decisions in the specialty finance sector.
Wed, 07 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Encore Capital Group (ECPG) reported Q3 earnings of $1.34 per share, surpassing estimates of $1.26 and up from $1.08 per share year-over-year.
Why It Matters - ECPG's earnings beat expectations and show year-over-year growth, indicating strong financial performance and potential for future stock appreciation.
Wed, 17 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Encore Capital Group, Inc. (Nasdaq:ECPG) will release Q2 2024 financial results on August 7, 2024, after market close, followed by a conference call at 2:00 p.m. Pacific.
Why It Matters - Encore Capital's upcoming Q2 2024 earnings release and conference call will provide insights into its financial health, guiding investor expectations and potential stock performance.
Mon, 13 May 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Encore Capital Group plans to offer $400 million in senior secured notes due 2030 in a private placement to qualified institutional buyers, subject to market conditions.
Why It Matters - Encore Capital's $400 million senior secured notes offering signals capital-raising efforts, impacting liquidity and financial stability, which can influence stock performance and investor sentiment.
Mon, 13 May 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Encore Capital Group priced $500 million of 8.500% senior secured notes due 2030, up from $400 million, in a private offering to institutional buyers and non-U.S. persons.
Why It Matters - Encore Capital's upsized $500 million senior secured notes offering indicates strong demand and financial confidence, which could positively impact its stock performance and creditworthiness.
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