What is Northland Securities’ Forecast for ECPG Q3 Earnings?

Encore Capital Group Inc (NASDAQ:ECPG) – Analysts at Northland Securities upped their Q3 2026 EPS estimates for Encore Capital Group in a research report issued on Wednesday, August 5th. Northland Securities analyst M. Grondahl now forecasts that the asset manager will earn $3.20 per share for the quarter, up from their previous forecast of $3.04. The consensus estimate for Encore Capital Group’s current full-year earnings is $13.01 per share. Northland Securities also issued estimates for Encore Capital Group’s FY2026 earnings at $13.50 EPS, Q2 2027 earnings at $3.64 EPS, Q3 2027 earnings at $3.79 EPS and Q4 2027 earnings at $3.96 EPS.

A number of other research firms have also weighed in on ECPG. Citizens Jmp lifted their price objective on shares of Encore Capital Group from $108.00 to $115.00 and gave the company a “market outperform” rating in a research note on Wednesday, June 17th. Truist Financial raised their price target on Encore Capital Group from $105.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings upgraded Encore Capital Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday. Wall Street Zen lowered Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Zacks Research cut Encore Capital Group from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Five equities 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.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $89.75.

Encore Capital Group Stock Performance

Shares of ECPG stock opened at $97.88 on Friday. The firm’s 50 day moving average is $87.88 and its 200 day moving average is $76.33. The stock has a market capitalization of $2.10 billion, a P/E ratio of 7.41 and a beta of 1.27. Encore Capital Group has a 12 month low of $37.74 and a 12 month high of $101.19. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.90.

Encore Capital Group (NASDAQ:ECPG) last posted its 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. Encore Capital Group had a net margin of 15.86% and a return on equity of 30.52%. The firm had revenue of $491.87 million during the quarter, compared to the consensus estimate of $455.10 million. During the same quarter last year, the company earned $2.49 earnings per share. The company’s revenue was up 11.3% on a year-over-year basis. Encore Capital Group has set its FY 2026 guidance at 13.000-14.000 EPS.

Hedge Funds Weigh In On Encore Capital Group

A number of institutional investors have recently added to or reduced their stakes in the business. IFP Advisors Inc raised its holdings in shares of Encore Capital Group by 1,729.6% in the 4th quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock valued at $27,000 after acquiring an additional 467 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Encore Capital Group by 185.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock worth $39,000 after purchasing an additional 466 shares during the last quarter. USA Financial Formulas bought a new position in shares of Encore Capital Group in the first quarter worth approximately $46,000. Allworth Financial LP raised its stake in Encore Capital Group by 29.1% in 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. Finally, Tower Research Capital LLC TRC raised its stake in Encore Capital Group by 168.9% in 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.

Insider Activity

In related news, insider John Yung sold 2,000 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $82.08, for a total value of $164,160.00. Following the sale, the insider owned 64,570 shares in the company, valued at approximately $5,299,905.60. This trade represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 3.00% of the company’s stock.

Encore Capital Group News Summary

Here are the key news stories impacting Encore Capital Group this week:

• Positive Sentiment: Revenue and collections exceeded expectations. Second-quarter revenue rose 11.3% year over year to $491.87 million, above the $455.10 million consensus estimate. Record global collections and strong execution in the U.S. helped drive the results. ECPG Q2 Earnings Miss Despite Y/Y Revenue Growth & Record Collections
• Positive Sentiment: Profit increased year over year. Encore reported second-quarter adjusted earnings of $2.81 per share, up from $2.49 a year earlier and above the $2.67 consensus cited by several reports. However, the result was below Zacks’ $3.07 estimate, creating a mixed earnings signal. Encore Capital Group Q2 Earnings Results
• Positive Sentiment: Full-year outlook supports the bullish reaction. Management issued 2026 EPS guidance of $13.00–$14.00, compared with a prior consensus estimate of $13.00. The updated outlook implies continued earnings momentum and was described as higher or supportive of a stronger 2026 outlook. Encore Capital Group Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Truist raised its valuation target. Truist Financial increased its price target for ECPG from $105 to $112 and maintained a “Buy” rating, reinforcing positive analyst sentiment following the earnings update. Truist Raises Encore Capital Price Target
• Negative Sentiment: Investors should note the earnings-estimate shortfall. Although EPS exceeded the $2.67 consensus referenced by some data providers, it missed Zacks’ $3.07 estimate. This could limit upside if future results fail to meet elevated expectations.

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.