Encore Capital Group (ECPG)

• Market cap: $1.17B
• 1 day: 0.90%
• 5 days: 5.80%
• 1 month: 5.41%
• 3 months: 9.15%
• 6 months: 2.11%
• Year to date: 4.87%
• 1 year: -4.81%
• 5 years: 34.71%
• 10 years: 15.41%
• Sector: Financials
• Industry: Short-term Business Credit Institutions

About: Encore Capital Group Inc is an international specialty finance company. It provides debt recovery solutions for consumers and property owners across a broad range of financial assets. The company purchase portfolios of defaulted consumer receivables at deep discounts to face value and manages them by working with individuals as the consumer repay their obligations and work toward financial recovery. Encore has only a reportable segment being portfolio purchasing and recovery.

Employees: 7,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2,648% more call options, than puts

Call options by funds: $83.9M | Put options by funds: $3.05M

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

13% more capital invested

Capital invested by funds: $1.08B [Q2] → $1.22B (+$139M) [Q3]

1% more funds holding

Funds holding: 175 [Q2] → 176 (+1) [Q3]

0.38% less ownership

Funds ownership: 109.47% [Q2] → 109.09% (-0.38%) [Q3]

16% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 68

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $65 32% upside
• Avg. target: $66 33% upside
• High target: $66 34% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Northland Capital Markets Mike Grondahl 64% 1-year accuracy 28 / 44 met price target	34% upside $66	Outperform Maintained	23 Dec 2024
JMP Securities David Scharf 77% 1-year accuracy 37 / 48 met price target	32% upside $65	Market Outperform Maintained	7 Nov 2024