Encore Capital Group (NASDAQ:ECPG) Stock Price Expected to Rise, Citizens Jmp Analyst Says

Encore Capital Group (NASDAQ:ECPGGet Free Report) had its price objective upped by equities researchers at Citizens Jmp from $108.00 to $115.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “market outperform” rating on the asset manager’s stock. Citizens Jmp’s price objective would indicate a potential upside of 40.03% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Weiss Ratings lowered Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Citigroup reiterated a “market outperform” rating on shares of Encore Capital Group in a report on Wednesday. Wall Street Zen downgraded shares of Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research upgraded shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Finally, Truist Financial lifted their price target on shares of Encore Capital Group from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $88.00.

Read Our Latest Research Report on ECPG

Encore Capital Group Price Performance

ECPG stock traded down $0.86 on Wednesday, reaching $82.13. The company had a trading volume of 17,966 shares, compared to its average volume of 282,784. The company’s fifty day moving average is $80.66 and its 200 day moving average is $67.01. The company has a market cap of $1.76 billion, a P/E ratio of 6.39 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 has a 1 year low of $35.67 and a 1 year high of $92.64.

Encore Capital Group (NASDAQ:ECPGGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The asset manager reported $3.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.84. Encore Capital Group had a net margin of 16.00% and a return on equity of 30.70%. The company had revenue of $475.41 million for the quarter, compared to analysts’ expectations of $446.26 million. During the same period last year, the company earned $1.93 EPS. The firm’s revenue for the quarter was up 21.0% compared to the same quarter last year. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. On average, research analysts forecast that Encore Capital Group will post 13.01 earnings per share for the current year.

Insider Buying and Selling at Encore Capital Group

In other news, insider John Yung sold 2,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider directly owned 64,570 shares in the company, valued at approximately $5,299,905.60. The trade was a 3.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. IFP Advisors Inc boosted 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 buying an additional 467 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in 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 acquiring an additional 466 shares during the last quarter. Allworth Financial LP lifted its holdings 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 worth $62,000 after acquiring an additional 257 shares during the last quarter. LSV Asset Management acquired a new position in Encore Capital Group in the third quarter valued at approximately $88,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of 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 during the last quarter.

Encore Capital Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Encore Capital Group (NASDAQ:ECPG)

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