Financial Services - Financial - Mortgages - NASDAQ - US
$ 49.22
1.72 %
$ 1.17 B
Market Cap
-6.29
P/E
Encore Capital Group, Inc., a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It is also involved in the provision of early stage collection, business process outsourcing, and contingent collection services, as well as debt servicing and other portfolio management services to credit originator for non-performing loans. The company was incorporated in 1999 and is headquartered in San Diego, California.[ Read More ]
The intrinsic value of one ECPG stock under the base case scenario is HIDDEN Compared to the current market price of 49.2 USD, Encore Capital Group, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart ECPG
FINANCIALS
1.22 B
REVENUE
16.5 M
OPERATING INCOME
-206 M
NET INCOME
153 M
OPERATING CASH FLOW
-402 M
INVESTING CASH FLOW
268 M
FINANCING CASH FLOW
341 M
REVENUE
106 M
OPERATING INCOME
30.6 M
NET INCOME
45.9 M
OPERATING CASH FLOW
-43.8 M
INVESTING CASH FLOW
-9 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Encore Capital Group, Inc.
| Current Assets | 209 M |
| Cash & Short-Term Investments | 158 M |
| Receivables | 9.08 M |
| Other Current Assets | 41.6 M |
| Non-Current Assets | 710 M |
| Long-Term Investments | 3.47 B |
| PP&E | 171 M |
| Other Non-Current Assets | -2.93 B |
| Current Liabilities | 300 M |
| Accounts Payable | 174 M |
| Short-Term Debt | 89.9 M |
| Other Current Liabilities | 36 M |
| Non-Current Liabilities | 3.39 B |
| Long-Term Debt | 3.32 B |
| Other Non-Current Liabilities | 76.1 M |
EFFICIENCY
Earnings Waterfall
Encore Capital Group, Inc.
| Revenue | 1.22 B |
| Cost Of Revenue | 651 M |
| Gross Profit | 571 M |
| Operating Expenses | 703 M |
| Operating Income | 16.5 M |
| Other Expenses | 223 M |
| Net Income | -206 M |
RATIOS
46.72%
GROSS MARGIN
1.35%
OPERATING MARGIN
-16.89%
NET MARGIN
-22.05%
ROE
-4.46%
ROA
0.44%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Encore Capital Group, Inc.
| Net Income | -206 M |
| Depreciation & Amortization | 41.7 M |
| Capital Expenditures | -51.7 M |
| Stock-Based Compensation | 13.9 M |
| Change in Working Capital | 5.45 M |
| Others | 370 M |
| Free Cash Flow | 101 M |
Wall Street Analysts Price Targets
Encore Capital Group, Inc.
Wall Street analysts predict an average 1-year price target for ECPG of $58 , with forecasts ranging from a low of $58 to a high of $58 .
ECPG Lowest Price Target
Wall Street Target
58 USD
17.84%
ECPG Average Price Target
Wall Street Target
58 USD
17.84%
ECPG Highest Price Target
Wall Street Target
58 USD
17.84%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Encore Capital Group, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
62.6 K USD 1
6-9 MONTHS
275 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
4 months ago
Jul 17, 2024
|
Sell 62.6 K USD
|
Asch Andrew Eric
SVP, General Counsel |
- 1251
|
50 USD |
|
8 months ago
Mar 08, 2024
|
Sell 275 K USD
|
Bell Ryan B
President, MCM |
- 5500
|
50 USD |
|
1 year ago
Aug 15, 2023
|
Sell 1.24 M USD
|
CLARK JONATHAN C
EVP, CFO & Treasurer |
- 25057
|
49.52 USD |
|
1 year ago
Aug 15, 2023
|
Sell 811 K USD
|
CLARK JONATHAN C
EVP, CFO & Treasurer |
- 16560
|
48.95 USD |
|
1 year ago
Jun 20, 2023
|
Sell 50.6 K USD
|
OLLE LAURA
Director |
- 1040
|
48.69 USD |
|
2 years ago
Jun 17, 2022
|
Sell 51 K USD
|
OLLE LAURA
director: |
- 889
|
57.42 USD |
|
2 years ago
Mar 11, 2022
|
Sell 125 K USD
|
Bell Ryan B
President, MCM |
- 1946
|
64.29 USD |
|
2 years ago
Mar 09, 2022
|
Sell 299 K USD
|
Bell Ryan B
President, MCM |
- 4716
|
63.31 USD |
|
2 years ago
Jan 18, 2022
|
Sell 315 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 4699
|
67.12 USD |
|
2 years ago
Jan 10, 2022
|
Sell 6.54 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 107
|
61.09 USD |
|
2 years ago
Jan 10, 2022
|
Sell 600 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 9893
|
60.61 USD |
|
2 years ago
Jan 12, 2022
|
Sell 614 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 10000
|
61.45 USD |
|
2 years ago
Jan 03, 2022
|
Sell 241 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 3859
|
62.53 USD |
|
2 years ago
Jan 03, 2022
|
Sell 378 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 6141
|
61.63 USD |
|
2 years ago
Jan 05, 2022
|
Sell 523 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 8535
|
61.32 USD |
|
2 years ago
Jan 05, 2022
|
Sell 88.9 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 1465
|
60.69 USD |
|
2 years ago
Dec 27, 2021
|
Sell 605 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 10000
|
60.46 USD |
|
2 years ago
Dec 29, 2021
|
Sell 603 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 10000
|
60.34 USD |
|
2 years ago
Dec 22, 2021
|
Sell 601 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 10000
|
60.08 USD |
|
2 years ago
Dec 20, 2021
|
Sell 578 K USD
|
Call Gregory L.
EVP, GC, CAO & Secretary |
- 10000
|
57.81 USD |
|
3 years ago
Jun 21, 2021
|
Sell 45.6 K USD
|
OLLE LAURA
Director |
- 958
|
47.64 USD |
|
3 years ago
May 06, 2021
|
Sell 225 K USD
|
Bell Ryan B
President, MCM |
- 5000
|
45 USD |
|
3 years ago
Mar 11, 2021
|
Sell 487 K USD
|
Bell Ryan B
President, MCM |
- 12047
|
40.45 USD |
|
4 years ago
Nov 16, 2020
|
Bought 77.5 K USD
|
Hannam Wendy
Director |
+ 2500
|
31.01 USD |
|
5 years ago
Mar 19, 2019
|
Sell 45.3 M USD
|
JCF III Europe Holdings L.P.
10 percent owner |
- 1500000
|
30.17 USD |
|
6 years ago
Nov 09, 2018
|
Bought 303 K USD
|
Masih Ashish
President and CEO |
+ 12500
|
24.26 USD |
|
6 years ago
Nov 09, 2018
|
Bought 481 K USD
|
CLARK JONATHAN C
EVP, CFO & Treasurer |
+ 20000
|
24.04 USD |
|
6 years ago
Mar 14, 2018
|
Sell 682 K USD
|
Grinberg Paul
President, International |
- 15429
|
44.21 USD |
|
6 years ago
Mar 14, 2018
|
Sell 147 K USD
|
Grinberg Paul
President, International |
- 3346
|
43.95 USD |
|
6 years ago
Mar 14, 2018
|
Sell 18.2 K USD
|
Grinberg Paul
President, International |
- 411
|
44.21 USD |
|
6 years ago
Mar 14, 2018
|
Sell 3.91 K USD
|
Grinberg Paul
President, International |
- 89
|
43.95 USD |
|
6 years ago
Feb 26, 2018
|
Sell 685 K USD
|
Grinberg Paul
President, International |
- 16338
|
41.94 USD |
|
6 years ago
Feb 26, 2018
|
Sell 101 K USD
|
Grinberg Paul
President, International |
- 2435
|
41.5 USD |
|
6 years ago
Feb 26, 2018
|
Sell 18.2 K USD
|
Grinberg Paul
President, International |
- 435
|
41.94 USD |
|
6 years ago
Feb 26, 2018
|
Sell 2.7 K USD
|
Grinberg Paul
President, International |
- 65
|
41.5 USD |
|
6 years ago
Jan 17, 2018
|
Sell 710 K USD
|
Grinberg Paul
President, International |
- 17406
|
40.77 USD |
|
6 years ago
Jan 17, 2018
|
Sell 710 K USD
|
Grinberg Paul
President, International |
- 17406
|
40.77 USD |
|
6 years ago
Jan 17, 2018
|
Sell 56.7 K USD
|
Grinberg Paul
President, International |
- 1367
|
41.46 USD |
|
6 years ago
Jan 17, 2018
|
Sell 56.7 K USD
|
Grinberg Paul
President, International |
- 1367
|
41.46 USD |
|
6 years ago
Jan 17, 2018
|
Sell 18.9 K USD
|
Grinberg Paul
President, International |
- 464
|
40.77 USD |
|
6 years ago
Jan 17, 2018
|
Sell 18.9 K USD
|
Grinberg Paul
President, International |
- 464
|
40.77 USD |
|
6 years ago
Jan 17, 2018
|
Sell 1.49 K USD
|
Grinberg Paul
President, International |
- 36
|
41.46 USD |
|
6 years ago
Jan 17, 2018
|
Sell 1.49 K USD
|
Grinberg Paul
President, International |
- 36
|
41.46 USD |
|
6 years ago
Dec 26, 2017
|
Sell 1.58 M USD
|
Grinberg Paul
President, International |
- 37254
|
42.42 USD |
|
6 years ago
Dec 26, 2017
|
Sell 12.6 K USD
|
Grinberg Paul
President, International |
- 292
|
43.1 USD |
|
6 years ago
Dec 26, 2017
|
Sell 42.1 K USD
|
Grinberg Paul
President, International |
- 992
|
42.42 USD |
|
6 years ago
Dec 26, 2017
|
Sell 345 USD
|
Grinberg Paul
President, International |
- 8
|
43.1 USD |
|
7 years ago
Mar 14, 2017
|
Sell 31 K USD
|
Masih Ashish
EVP, President MCM |
- 1017
|
30.45 USD |
|
8 years ago
Aug 08, 2016
|
Bought 521 K USD
|
MESDAG WILLEM
Director |
+ 25000
|
20.846 USD |
|
8 years ago
Mar 04, 2016
|
Bought 53.2 K USD
|
SORENSEN NORMAN R
Director |
+ 2000
|
26.58 USD |
|
8 years ago
Mar 02, 2016
|
Bought 4.82 K USD
|
Quinlan Francis E
Director |
+ 200
|
24.09 USD |
|
8 years ago
Mar 02, 2016
|
Bought 60.4 K USD
|
Hannam Wendy
Director |
+ 2500
|
24.15 USD |
|
8 years ago
Mar 01, 2016
|
Bought 58.8 K USD
|
Masih Ashish
EVP, US Debt Purchasing Ops. |
+ 2500
|
23.5 USD |
|
8 years ago
Feb 29, 2016
|
Bought 116 K USD
|
Gupta Ashwini
Director |
+ 5000
|
23.12 USD |
|
8 years ago
Feb 29, 2016
|
Bought 25.2 K USD
|
Call Gregory L.
Sr. VP, GC & Secretary |
+ 1100
|
22.9 USD |
|
8 years ago
Feb 29, 2016
|
Bought 115 K USD
|
CLARK JONATHAN C
Executive VP, CFO & Treasurer |
+ 5000
|
22.92 USD |
|
8 years ago
Feb 29, 2016
|
Bought 115 K USD
|
CLARK JONATHAN C
Executive VP, CFO & Treasurer |
+ 5000
|
22.92 USD |
|
8 years ago
Mar 01, 2016
|
Bought 118 K USD
|
Vecchione Kenneth
President & CEO |
+ 5000
|
23.64 USD |
|
8 years ago
Feb 29, 2016
|
Bought 114 K USD
|
Vecchione Kenneth
President & CEO |
+ 5000
|
22.79 USD |
|
8 years ago
Dec 15, 2015
|
Bought 28.4 K USD
|
CLARK JONATHAN C
Executive VP, CFO & Treasurer |
+ 1000
|
28.44 USD |
|
8 years ago
Dec 16, 2015
|
Bought 29.9 K USD
|
Vecchione Kenneth
President & CEO |
+ 1000
|
29.9 USD |
|
8 years ago
Dec 15, 2015
|
Bought 28.5 K USD
|
Vecchione Kenneth
President & CEO |
+ 1000
|
28.52 USD |
|
8 years ago
Dec 16, 2015
|
Bought 3.77 K USD
|
Vecchione Kenneth
President & CEO |
+ 125
|
30.19 USD |
|
9 years ago
Jun 08, 2015
|
Bought 99.1 K USD
|
Grinberg Paul
Grp Exec, Intl & Corp Dev |
+ 2500
|
39.66 USD |
|
9 years ago
Jun 09, 2015
|
Bought 59.7 K USD
|
Masih Ashish
EVP, US Debt Purchasing Ops. |
+ 1500
|
39.83 USD |
|
9 years ago
Jun 08, 2015
|
Bought 158 K USD
|
Vecchione Kenneth
President & CEO |
+ 4000
|
39.62 USD |
|
9 years ago
Jun 08, 2015
|
Bought 98.2 K USD
|
CLARK JONATHAN C
Executive VP, CFO & Treasurer |
+ 2500
|
39.26 USD |
|
9 years ago
Jun 08, 2015
|
Bought 23.8 K USD
|
Call Gregory L.
Sr. VP, GC & Secretary |
+ 600
|
39.59 USD |
|
10 years ago
Nov 10, 2014
|
Sell 1.5 M USD
|
Grinberg Paul
Executive VP, CFO & Treasurer |
- 33334
|
45.0318 USD |
|
10 years ago
Sep 08, 2014
|
Sell 2.46 M USD
|
Grinberg Paul
Executive VP, CFO & Treasurer |
- 54000
|
45.5879 USD |
|
10 years ago
Jun 17, 2014
|
Sell 420 K USD
|
Masih Ashish
EVP, US Debt Purchasing & Ops. |
- 9334
|
45 USD |
|
10 years ago
Jun 09, 2014
|
Sell 540 K USD
|
Masih Ashish
EVP, US Debt Purchasing & Ops. |
- 12000
|
45 USD |
|
10 years ago
Jun 09, 2014
|
Sell 1.62 M USD
|
Grinberg Paul
Executive VP, CFO & Treasurer |
- 36000
|
45.1319 USD |
|
10 years ago
Apr 17, 2014
|
Sell 500 K USD
|
Masih Ashish
EVP, US Debt Purchasing & Ops. |
- 11103
|
45 USD |
|
10 years ago
Apr 14, 2014
|
Sell 40.4 K USD
|
Masih Ashish
EVP, US Debt Purchasing & Ops. |
- 897
|
45 USD |
|
10 years ago
Apr 10, 2014
|
Sell 360 K USD
|
Call Gregory L.
Sr. VP, GC & Secretary |
- 8000
|
44.9986 USD |
|
10 years ago
Apr 11, 2014
|
Sell 355 K USD
|
Call Gregory L.
Sr. VP, GC & Secretary |
- 8000
|
44.3179 USD |
|
10 years ago
Mar 10, 2014
|
Sell 19.1 K USD
|
Grinberg Paul
Executive VP, CFO & Treasurer |
- 400
|
47.86 USD |
|
10 years ago
Mar 10, 2014
|
Sell 515 K USD
|
Grinberg Paul
Executive VP, CFO & Treasurer |
- 10599
|
48.63 USD |
|
10 years ago
Feb 10, 2014
|
Sell 510 K USD
|
Grinberg Paul
Executive VP, CFO & Treasurer |
- 10500
|
48.53 USD |
|
10 years ago
Feb 10, 2014
|
Sell 24.6 K USD
|
Grinberg Paul
Executive VP, CFO & Treasurer |
- 500
|
49.17 USD |
|
10 years ago
Jan 13, 2014
|
Sell 217 K USD
|
Grinberg Paul
Executive VP, CFO & Treasurer |
- 4449
|
48.803 USD |
|
10 years ago
Jan 13, 2014
|
Sell 323 K USD
|
Grinberg Paul
Executive VP, CFO & Treasurer |
- 6551
|
49.3315 USD |
|
10 years ago
Jan 08, 2014
|
Sell 246 K USD
|
Syran James A.
Sr VP, Ops & Chief Mkting Off. |
- 5000
|
49.2531 USD |
|
10 years ago
Dec 18, 2013
|
Sell 228 K USD
|
Syran James A.
Sr VP, Ops & Chief Mkting Off. |
- 5000
|
45.6286 USD |
|
10 years ago
Dec 11, 2013
|
Sell 230 K USD
|
Syran James A.
Sr VP, Ops & Chief Mkting Off. |
- 5000
|
46.0516 USD |
|
10 years ago
Dec 04, 2013
|
Sell 237 K USD
|
Syran James A.
Sr VP, Ops & Chief Mkting Off. |
- 5000
|
47.355 USD |
|
10 years ago
Nov 27, 2013
|
Sell 236 K USD
|
Syran James A.
Sr VP, Ops & Chief Mkting Off. |
- 5000
|
47.1563 USD |
|
10 years ago
Nov 20, 2013
|
Sell 231 K USD
|
Syran James A.
Sr VP, Ops & Chief Mkting Off. |
- 5000
|
46.1577 USD |
|
11 years ago
Aug 21, 2013
|
Sell 260 K USD
|
Masih Ashish
Sr. VP, Legal Collections Ops. |
- 6000
|
43.36 USD |
|
11 years ago
Aug 13, 2013
|
Sell 2.02 M USD
|
Syran James A.
Sr VP, Ops & Chief Mkting Off. |
- 46400
|
43.57 USD |
|
11 years ago
Jun 10, 2013
|
Sell 224 K USD
|
WILCOX WARREN
Director |
- 6131
|
36.48 USD |
|
11 years ago
Apr 22, 2013
|
Bought 9.8 M USD
|
MESDAG WILLEM
Director |
+ 350000
|
28 USD |
|
11 years ago
Apr 22, 2013
|
Sell 7.47 M USD
|
Lund George
Executive Chairman |
- 266868
|
28 USD |
|
11 years ago
Apr 22, 2013
|
Sell 2.33 M USD
|
Lund George
Executive Chairman |
- 83132
|
28 USD |
|
11 years ago
Dec 10, 2012
|
Sell 318 K USD
|
Grinberg Paul
Executive VP, CFO & Treasurer |
- 11804
|
26.93 USD |
|
12 years ago
Nov 08, 2012
|
Sell 36.3 K USD
|
BLACK J BRANDON
President & CEO |
- 1404
|
25.84 USD |
|
12 years ago
Nov 07, 2012
|
Sell 446 K USD
|
BLACK J BRANDON
President & CEO |
- 16769
|
26.6 USD |
7. News
Encore Capital Q3 Earnings Miss Estimates on Lower Purchases by Cabot
ECPG's third-quarter earnings suffer from rising operating expenses and the competitive environment in the U.K. Improved portfolio purchasing in the United States partially offset the negatives.
zacks.com
- 3 days ago
Encore Capital Group, Inc. (ECPG) Q3 2024 Earnings Call Transcript
Call Start: 17:00 January 1, 0000 5:37 PM ET Encore Capital Group, Inc. (NASDAQ:ECPG ) Q3 2024 Earnings Call November 6, 2024 17:00 ET Company Participants Bruce Thomas - Vice President, Global Investor Relations Ashish Masih - President and Chief Executive Officer Jonathan Clark - Executive Vice President and Chief Financial Officer Ryan Bell - President, Midland Credit Management Tomas Hernanz - Chief Financial Officer, Cabot Credit Management Conference Call Participants Mark Hughes - Truist Securities Mike Grondahl - Northland Robert Dodd - Raymond James Operator Good day and thank you for standing by. Welcome to the Encore Capital Group's Third Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 1 week ago
Encore Capital Group (ECPG) Misses Q3 Earnings Estimates
Encore Capital Group (ECPG) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $0.79 per share a year ago.
zacks.com
- 1 week ago
Encore Capital Group to Announce Third Quarter 2024 Financial Results on November 6
SAN DIEGO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the third quarter 2024 on Wednesday, November 6, 2024, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, presenting and discussing the reported results.
globenewswire.com
- 1 month ago
Encore Capital (ECPG) Shares Rise 11.4% Since Q2 Earnings Beat
Encore Capital (ECPG) expects interest expenses at $250 million for 2024 due to bond refinancing.
zacks.com
- 2 months ago
Encore Capital Group (ECPG) Surpasses Q2 Earnings and Revenue Estimates
Encore Capital Group (ECPG) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.08 per share a year ago.
zacks.com
- 3 months ago
Encore Capital Group Announces Second Quarter 2024 Financial Results
SAN DIEGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the second quarter ended June 30, 2024.
globenewswire.com
- 3 months ago
Encore Capital Group to Announce Second Quarter 2024 Financial Results on August 7
SAN DIEGO, July 17, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter 2024 on Wednesday, August 7, 2024, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, presenting and discussing the reported results.
globenewswire.com
- 4 months ago
Amalgamated Bank Sells 236 Shares of Encore Capital Group, Inc. (NASDAQ:ECPG)
Amalgamated Bank decreased its holdings in Encore Capital Group, Inc. (NASDAQ:ECPG – Free Report) by 2.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,867 shares of the asset manager’s stock after selling 236 shares during the period. Amalgamated Bank’s holdings in Encore Capital Group were worth $450,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds also recently bought and sold shares of the stock. Illinois Municipal Retirement Fund raised its position in shares of Encore Capital Group by 2.2% in the 4th quarter. Illinois Municipal Retirement Fund now owns 13,683 shares of the asset manager’s stock worth $694,000 after acquiring an additional 301 shares in the last quarter. Rhumbline Advisers lifted its position in shares of Encore Capital Group by 0.6% during the third quarter. Rhumbline Advisers now owns 75,412 shares of the asset manager’s stock valued at $3,602,000 after buying an additional 469 shares during the last quarter. Sigma Planning Corp raised its stake in shares of Encore Capital Group by 6.0% during the 3rd quarter. Sigma Planning Corp now owns 13,302 shares of the asset manager’s stock worth $635,000 after acquiring an additional 756 shares in the last quarter. Swiss National Bank lifted its position in Encore Capital Group by 1.8% during the third quarter. Swiss National Bank now owns 51,700 shares of the asset manager’s stock valued at $2,469,000 after acquiring an additional 900 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Encore Capital Group by 30.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,705 shares of the asset manager’s stock valued at $272,000 after acquiring an additional 1,330 shares in the last quarter. Encore Capital Group Trading Up 0.8 % Shares of Encore Capital Group stock opened at $46.99 on Monday. Encore Capital Group, Inc. has a 12-month low of $34.74 and a 12-month high of $54.73. The firm’s 50 day simple moving average is $44.48 and its two-hundred day simple moving average is $46.85. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 3.53. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of -5.48 and a beta of 1.38. Encore Capital Group (NASDAQ:ECPG – Get Free Report) last issued its earnings results on Wednesday, May 8th. The asset manager reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.01. Encore Capital Group had a positive return on equity of 9.95% and a negative net margin of 16.30%. The company had revenue of $328.39 million during the quarter, compared to analyst estimates of $330.83 million. During the same quarter last year, the business posted $0.94 EPS. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. Analysts predict that Encore Capital Group, Inc. will post 5.59 EPS for the current year. Wall Street Analyst Weigh In A number of brokerages have recently issued reports on ECPG. JMP Securities reaffirmed a “market outperform” rating and set a $60.00 price target on shares of Encore Capital Group in a research report on Monday, May 6th. TheStreet lowered Encore Capital Group from a “c-” rating to a “d+” rating in a research report on Monday, March 18th. Get Our Latest Stock Analysis on Encore Capital Group Insider Activity In other news, insider Ryan B. Bell sold 5,500 shares of the stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $50.00, for a total value of $275,000.00. Following the transaction, the insider now directly owns 42,404 shares of the company’s stock, valued at $2,120,200. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.90% of the company’s stock. Encore Capital Group Profile (Free Report) Encore Capital Group, Inc, a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. Read More Five stocks we like better than Encore Capital Group Canada Bond Market Holiday: How to Invest and Trade MarketBeat Week in Review – 5/13 – 5/17 Most Volatile Stocks, What Investors Need to Know Take-Two Interactive Software Offers 2nd Chance for Investors Investing in Travel Stocks Benefits Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook
https://www.defenseworld.net
- 5 months ago
Encore Capital Group, Inc. Announces Pricing of Upsized Senior Secured Notes Offering
SAN DIEGO, May 13, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced the pricing of its offering of $500.0 million aggregate principal amount of 8.500% senior secured notes due 2030 (the “notes”), which was upsized by $100.0 million from $400.0 million, at an issue price of 100.000% in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and outside the United States to non-U.S. persons (within the meaning of Regulation S under the Securities Act).
globenewswire.com
- 6 months ago
Slow Jobs, Fast Profits: 7 Stocks to Scoop Up After April's Lackluster Report
After several months of gangbuster growth in the employment arena, the Federal Reserve finally got some “good” bad news – and that sets the stage for certain stocks to buy. In April, the economy added 175,000 jobs, much lower than the 240,000 expected by analysts.
investorplace.com
- 6 months ago
Encore Capital Group, Inc. Announces Proposed Senior Secured Notes Offering
SAN DIEGO, May 13, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced its intention to offer, subject to market and other conditions, $400.0 million aggregate principal amount of senior secured notes due 2030 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and outside the United States to non-U.S. persons (within the meaning of Regulation S under the Securities Act).
globenewswire.com
- 6 months ago
8. Profile Summary
Encore Capital Group, Inc. ECPG
COUNTRY
US
INDUSTRY
Financial - Mortgages
MARKET CAP
$ 1.17 B
Dividend Yield
0.00%
Description
Encore Capital Group, Inc., a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It is also involved in the provision of early stage collection, business process outsourcing, and contingent collection services, as well as debt servicing and other portfolio management services to credit originator for non-performing loans. The company was incorporated in 1999 and is headquartered in San Diego, California.
Contact
350 Camino De La Reina, San Diego, CA, 92108
https://www.encorecapital.com
IPO Date
July 9, 1999
Employees
7400
Officers
Mr. John Yung
President of International & Cabot Credit Management and Chief Executive Officer of Cabot Credit Management
Mr. Bruce Thomas
Vice President of Global Investor Relations
Faryar Borhani
Vice President & Chief Communications Officer
Ms. Tracy Ting
Senior Vice President & Chief Human Resources Officer
Mr. Ryan B. Bell
President of Midland Credit Management, Inc.
Ms. Sheryl Wright
Senior Vice President of Corporate & Government Affairs
Mr. Ashish Masih
President, Chief Executive Officer & Director
Ms. Monique Dumais-Chrisope
Senior Vice President & Chief Information Officer
Mr. Steve Carmichael
Senior Vice President and Chief Risk, Strategy & Compliance Officer
Mr. Jonathan C. Clark
Executive Vice President, Principal Accounting Officer, Chief Financial Officer & Treasurer