Encore Capital Group, Inc. (ECPG)
Encore Capital Group, Inc. (ECPG) is a global leader in debt recovery and consumer engagement services. The company specializes in purchasing portfolios of defaulted consumer receivables and managing their collection through a combination of technology and human interaction. Founded in 1999 and headquartered in San Diego, California, Encore operates in multiple countries, providing auto, credit card, telecommunications, and other consumer debt recovery services. It emphasizes responsible collections and consumer-friendly practices.
Company News
Encore Capital Group reported strong Q2 2025 financial results, with record portfolio purchases and collections, particularly in the U.S. market. The company exceeded analyst expectations in revenue and earnings, driven by strategic debt purchasing and efficient collection strategies.
The article discusses three stocks that value investors should consider buying: Encore Capital Group (ECPG), Datadog (DDOG), and Nu Holdings (NU). It highlights the intrinsic value and growth potential of these companies, which are currently undervalued by the market.
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 ...
Encore Capital (ECPG) reaffirms its previous guidance for collections to grow by approximately 8% to $2 billion in 2024.
JMP Securities has decided to maintain its Market Outperform rating of Encore Capital Gr (NASDAQ:ECPG) and lower its price target from $61.00 to $56.00. Shares of Encore Capital Gr are trading down 1.05% over the last 24 hours, at $42.30 per share. A move to $56.00 would account for a 32.39% increase from the current share price. About Encore Cap...