Encore Capital Group (NASDAQ:ECPG – Get Free Report) had its price target hoisted by equities research analysts at Truist Financial from $112.00 to $122.00 in a report issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the asset manager’s stock. Truist Financial‘s price target suggests a potential upside of 6.89% from the company’s current price.
A number of other equities analysts also recently commented on the stock. Northland Securities set a $124.00 target price on shares of Encore Capital Group in a research note on Tuesday, October 13th. 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. Weiss Ratings upgraded Encore Capital Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Citigroup reissued a “market outperform” rating on shares of Encore Capital Group in a research report on Thursday. Finally, Citizens Jmp raised their price objective on Encore Capital Group from $115.00 to $140.00 and gave the company a “market outperform” rating in a research report on Thursday. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $128.67.
Read Our Latest Research Report on ECPG
Encore Capital Group Trading Down 9.5%
NASDAQ ECPG traded down $12.03 during mid-day trading on Thursday, hitting $114.14. The company’s stock had a trading volume of 448,417 shares, compared to its average volume of 212,847. The firm has a market capitalization of $2.42 billion, a P/E ratio of 7.31 and a beta of 1.29. The company has a debt-to-equity ratio of 3.87, a current ratio of 0.96 and a quick ratio of 0.96. Encore Capital Group has a 52-week low of $46.80 and a 52-week high of $126.74. The stock’s fifty day simple moving average is $99.85 and its two-hundred day simple moving average is $84.22.
Encore Capital Group (NASDAQ:ECPG – Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The asset manager reported $5.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.35 by $2.22. Encore Capital Group had a net margin of 15.86% and a return on equity of 29.83%. The company had revenue of $544.54 million during the quarter, compared to the consensus estimate of $466.80 million. During the same period in the previous year, the firm earned $3.17 earnings per share. Encore Capital Group’s revenue for the quarter was up 18.3% on a year-over-year basis. Research analysts expect that Encore Capital Group will post 13.52 EPS for the current year.
Hedge Funds Weigh In On Encore Capital Group
Several institutional investors and hedge funds have recently made changes to their positions in ECPG. Ashton Thomas Private Wealth LLC boosted its stake in shares of Encore Capital Group by 4.1% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 2,825 shares of the asset manager’s stock valued at $267,000 after buying an additional 110 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Encore Capital Group by 40.4% in the third quarter. Farther Finance Advisors LLC now owns 386 shares of the asset manager’s stock worth $36,000 after buying an additional 111 shares during the last quarter. Allworth Financial LP increased its stake in shares of Encore Capital Group by 12.1% in the second quarter. Allworth Financial LP now owns 1,461 shares of the asset manager’s stock worth $136,000 after buying an additional 158 shares during the last quarter. Signaturefd LLC increased its stake in shares of Encore Capital Group by 185.9% in the third quarter. Signaturefd LLC now owns 366 shares of the asset manager’s stock worth $35,000 after buying an additional 238 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Encore Capital Group by 26.8% in the third quarter. GAMMA Investing LLC now owns 1,339 shares of the asset manager’s stock valued at $126,000 after acquiring an additional 283 shares in the last quarter.
Trending Headlines about Encore Capital Group
Here are the key news stories impacting Encore Capital Group this week:
- Positive Sentiment: Encore reported third-quarter EPS of $5.57, well above analysts’ expectations, while revenue also topped estimates. The company cited record global collections. Zacks Q3 earnings report
- Positive Sentiment: Encore raised its 2026 outlook, forecasting EPS of $15.50–$16 and portfolio purchases of $1.5–$1.55 billion—supportive signs for expected earnings and growth. Raised 2026 outlook
- Positive Sentiment: Analyst sentiment remains favorable: Truist maintained its Buy rating, while Citizens JMP set a $140 price target and an Outperform rating. Northland also lifted several 2027 quarterly EPS estimates. Citizens JMP price target
- Neutral Sentiment: Northland lowered its Q4 2026 EPS estimate to $3.52 from $3.64, though it raised estimates for multiple 2027 quarters. Northland estimate update
- Negative Sentiment: ECPG fell back after its earnings-driven surge. Truist’s Buy rating was maintained rather than upgraded, and the latest report offers no fresh company-specific explanation for the pullback. Share pullback and Truist rating
Encore Capital Group Company Profile
Encore Capital Group, Inc is a specialty finance company that purchases portfolios of charged-off consumer receivables and provides debt recovery and management services. Through its operating businesses, the company works with consumers to resolve outstanding obligations through payment plans and other repayment arrangements.
Encore serves consumers and creditors across multiple markets, including the United States, the United Kingdom and other European countries. Its major operating platforms include Midland Credit Management in the United States and Cabot Credit Management in Europe.
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