Citizens Jmp Forecasts Strong Price Appreciation for Encore Capital Group (NASDAQ:ECPG) Stock

Encore Capital Group (NASDAQ:ECPG) had its target price raised by equities research analysts at Citizens Jmp from $115.00 to $140.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has a “market outperform” rating on the asset manager’s stock. Citizens Jmp‘s price objective would suggest a potential upside of 22.66% from the stock’s current price.

A number of other analysts have also recently commented on the company. Zacks Research cut Encore Capital Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Weiss Ratings raised Encore Capital Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Northland Securities set a $124.00 price target on Encore Capital Group in a research note on Tuesday, October 13th. Truist Financial raised their price target on Encore Capital Group from $105.00 to $112.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Encore Capital Group in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $128.67.

Encore Capital Group Stock Down 9.5%

Shares of Encore Capital Group stock traded down $12.03 during trading hours on Thursday, hitting $114.14. The company had a trading volume of 448,417 shares, compared to its average volume of 212,847. The company’s 50-day moving average is $99.85 and its two-hundred day moving average is $84.22. Encore Capital Group has a twelve month low of $46.80 and a twelve month high of $126.74. The company has a debt-to-equity ratio of 3.87, a current ratio of 0.96 and a quick ratio of 0.96. The company has a market cap of $2.42 billion, a P/E ratio of 7.31 and a beta of 1.29.

Encore Capital Group (NASDAQ:ECPG) last announced its quarterly earnings results on Wednesday, November 4th. The asset manager reported $5.57 EPS for the quarter, topping the consensus estimate of $3.35 by $2.22. Encore Capital Group had a net margin of 15.86% and a return on equity of 29.83%. The firm had revenue of $544.54 million for the quarter, compared to analyst estimates of $466.80 million. During the same period last year, the business earned $3.17 EPS. Encore Capital Group’s revenue for the quarter was up 18.3% compared to the same quarter last year. Analysts anticipate that Encore Capital Group will post 13.52 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Encore Capital Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Maryland State Retirement & Pension System increased its position in Encore Capital Group by 51.3% in the 3rd quarter. Maryland State Retirement & Pension System now owns 4,744 shares of the asset manager’s stock valued at $448,000 after acquiring an additional 1,608 shares during the period. Ashton Thomas Private Wealth LLC lifted its position in Encore Capital Group by 4.1% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 2,825 shares of the asset manager’s stock worth $267,000 after acquiring an additional 110 shares during the period. Signaturefd LLC lifted its position in Encore Capital Group by 185.9% during the 3rd quarter. Signaturefd LLC now owns 366 shares of the asset manager’s stock worth $35,000 after acquiring an additional 238 shares during the period. Kendall Capital Management purchased a new position in shares of Encore Capital Group in the 3rd quarter valued at approximately $508,000. Finally, Carnegie Investment Counsel grew its stake in shares of Encore Capital Group by 2.3% in the 3rd quarter. Carnegie Investment Counsel now owns 28,030 shares of the asset manager’s stock valued at $2,647,000 after purchasing an additional 636 shares during the last quarter.

Key Headlines Impacting Encore Capital Group

Here are the key news stories impacting Encore Capital Group this week:

• Positive Sentiment: Encore reported third-quarter EPS of $5.57, well above analysts’ expectations, while revenue also topped estimates. The company cited record global collections. Zacks Q3 earnings report
• Positive Sentiment: Encore raised its 2026 outlook, forecasting EPS of $15.50–$16 and portfolio purchases of $1.5–$1.55 billion—supportive signs for expected earnings and growth. Raised 2026 outlook
• Positive Sentiment: Analyst sentiment remains favorable: Truist maintained its Buy rating, while Citizens JMP set a $140 price target and an Outperform rating. Northland also lifted several 2027 quarterly EPS estimates. Citizens JMP price target
• Neutral Sentiment: Northland lowered its Q4 2026 EPS estimate to $3.52 from $3.64, though it raised estimates for multiple 2027 quarters. Northland estimate update
• Negative Sentiment: ECPG fell back after its earnings-driven surge. Truist’s Buy rating was maintained rather than upgraded, and the latest report offers no fresh company-specific explanation for the pullback. Share pullback and Truist rating

About Encore Capital Group

Encore Capital Group, Inc is a specialty finance company that purchases portfolios of charged-off consumer receivables and provides debt recovery and management services. Through its operating businesses, the company works with consumers to resolve outstanding obligations through payment plans and other repayment arrangements.

Encore serves consumers and creditors across multiple markets, including the United States, the United Kingdom and other European countries. Its major operating platforms include Midland Credit Management in the United States and Cabot Credit Management in Europe.