Truist Financial Issues Positive Forecast for Encore Capital Group (NASDAQ:ECPG) Stock Price

Encore Capital Group (NASDAQ:ECPG) had its price target raised by Truist Financial from $100.00 to $105.00 in a report published on Thursday,Benzinga reports. The brokerage currently has a buy rating on the asset manager’s stock.

ECPG has been the subject of several other research reports. Zacks Research cut Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Northland Securities set a $70.00 target price on Encore Capital Group in a research report on Thursday, January 22nd. Citizens Jmp raised their target price on Encore Capital Group from $75.00 to $90.00 and gave the stock a “market outperform” rating in a research report on Thursday, February 26th. Wall Street Zen raised Encore Capital Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Finally, Citigroup reiterated an “outperform” rating on shares of Encore Capital Group in a report on Thursday. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $86.25.

Encore Capital Group Trading Down 0.2%

Shares of Encore Capital Group stock traded down $0.14 on Thursday, reaching $82.09. 272,673 shares of the company were exchanged, compared to its average volume of 274,044. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 4.10. Encore Capital Group has a fifty-two week low of $35.67 and a fifty-two week high of $92.64. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 6.37 and a beta of 1.33. The stock has a fifty day moving average price of $73.99 and a 200-day moving average price of $60.15.

Encore Capital Group (NASDAQ:ECPG) last posted its quarterly earnings data on Wednesday, May 6th. The asset manager reported $3.86 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.84. The company had revenue of $475.41 million during the quarter, compared to analyst estimates of $446.26 million. Encore Capital Group had a net margin of 16.00% and a return on equity of 31.46%. The business’s quarterly revenue was up 21.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.93 earnings per share. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. On average, analysts expect that Encore Capital Group will post 11.97 EPS for the current year.

Insider Activity at Encore Capital Group

In other news, insider Ryan B. Bell sold 7,240 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $69.04, for a total value of $499,849.60. Following the completion of the transaction, the insider directly owned 48,170 shares of the company’s stock, valued at approximately $3,325,656.80. This represents a 13.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.54% of the company’s stock.

Institutional Investors Weigh In On Encore Capital Group

Large investors have recently bought and sold shares of the business. Stephens Investment Management Group LLC lifted its holdings in Encore Capital Group by 4.8% during the 3rd quarter. Stephens Investment Management Group LLC now owns 1,308,252 shares of the asset manager’s stock worth $54,606,000 after buying an additional 59,421 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Encore Capital Group by 78.0% in the 4th quarter. AQR Capital Management LLC now owns 412,498 shares of the asset manager’s stock valued at $22,419,000 after buying an additional 180,733 shares during the period. Heartland Advisors Inc. grew its holdings in shares of Encore Capital Group by 0.7% in the 1st quarter. Heartland Advisors Inc. now owns 388,425 shares of the asset manager’s stock valued at $27,236,000 after buying an additional 2,595 shares during the period. Barclays PLC lifted its position in Encore Capital Group by 11.8% in the 4th quarter. Barclays PLC now owns 371,916 shares of the asset manager’s stock valued at $20,214,000 after acquiring an additional 39,214 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its position in Encore Capital Group by 16.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 274,318 shares of the asset manager’s stock valued at $11,450,000 after acquiring an additional 38,908 shares in the last quarter.

About Encore Capital Group

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.