Northland Capmk Has Bearish Forecast for ECPG Q1 Earnings

Encore Capital Group, Inc. (NASDAQ:ECPG - Free Report) - Research analysts at Northland Capmk cut their Q1 2025 earnings per share estimates for shares of Encore Capital Group in a research report issued to clients and investors on Thursday, February 27th. Northland Capmk analyst M. Grondahl now expects that the asset manager will post earnings of $1.18 per share for the quarter, down from their previous forecast of $1.36. The consensus estimate for Encore Capital Group's current full-year earnings is $5.09 per share. Northland Capmk also issued estimates for Encore Capital Group's Q2 2025 earnings at $1.65 EPS, Q3 2025 earnings at $1.91 EPS, Q4 2025 earnings at $2.03 EPS and FY2025 earnings at $6.75 EPS.

Several other equities analysts also recently issued reports on ECPG. Northland Securities lifted their price objective on Encore Capital Group from $58.00 to $66.00 and gave the company an "outperform" rating in a research report on Monday, December 23rd. Truist Financial cut their price objective on Encore Capital Group from $64.00 to $57.00 and set a "buy" rating for the company in a research report on Thursday. JMP Securities lifted their price objective on Encore Capital Group from $60.00 to $65.00 and gave the company a "market outperform" rating in a research report on Thursday, November 7th. Finally, StockNews.com downgraded Encore Capital Group from a "buy" rating to a "hold" rating in a research report on Friday. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Encore Capital Group has an average rating of "Buy" and a consensus target price of $62.67.

Encore Capital Group Price Performance

ECPG traded down $2.27 during trading on Friday, hitting $35.45. The company's stock had a trading volume of 958,692 shares, compared to its average volume of 243,715. The firm's 50 day moving average price is $48.13 and its two-hundred day moving average price is $47.88. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 3.39. Encore Capital Group has a 12 month low of $34.87 and a 12 month high of $51.77. The stock has a market capitalization of $839.85 million, a price-to-earnings ratio of -4.52 and a beta of 1.55.

Encore Capital Group (NASDAQ:ECPG - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The asset manager reported $1.50 EPS for the quarter, missing the consensus estimate of $1.55 by ($0.05). The company had revenue of $265.62 million during the quarter, compared to analyst estimates of $373.40 million. Encore Capital Group had a negative net margin of 13.91% and a positive return on equity of 12.70%.

Institutional Investors Weigh In On Encore Capital Group

A number of institutional investors and hedge funds have recently made changes to their positions in ECPG. T. Rowe Price Investment Management Inc. raised its position in shares of Encore Capital Group by 30.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,416,499 shares of the asset manager's stock worth $67,667,000 after acquiring an additional 327,637 shares during the last quarter. Portolan Capital Management LLC acquired a new stake in shares of Encore Capital Group during the fourth quarter worth $10,291,000. Phase 2 Partners LLC grew its stake in shares of Encore Capital Group by 219.9% during the third quarter. Phase 2 Partners LLC now owns 241,509 shares of the asset manager's stock worth $11,416,000 after purchasing an additional 166,014 shares during the period. Marshall Wace LLP grew its stake in shares of Encore Capital Group by 73.1% during the fourth quarter. Marshall Wace LLP now owns 318,096 shares of the asset manager's stock worth $15,195,000 after purchasing an additional 134,309 shares during the period. Finally, Wellington Management Group LLP grew its stake in shares of Encore Capital Group by 16.0% during the third quarter. Wellington Management Group LLP now owns 756,335 shares of the asset manager's stock worth $35,752,000 after purchasing an additional 104,509 shares during the period.

Encore Capital Group Company Profile

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.