28-Mar-2024
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Encore Capital Group, Inc. Announces Pricing of Upsized Senior Secured Notes Offering
Globe Newswire (Thu, 14-Mar 8:00 PM ET)
Encore Capital Group, Inc. Announces Proposed Senior Secured Notes Offering
Globe Newswire (Tue, 12-Mar 9:22 AM ET)
Globe Newswire (Fri, 1-Mar 9:00 AM ET)
Encore Capital Group Announces Fourth Quarter and Full-Year 2023 Financial Results
Globe Newswire (Wed, 21-Feb 4:05 PM ET)
Encore Capital Group to Announce Fourth Quarter 2023 Financial Results on February 21
Globe Newswire (Wed, 31-Jan 4:15 PM ET)
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.
Encore Capital Group trades on the NASDAQ stock market under the symbol ECPG.
As of March 28, 2024, ECPG stock price declined to $45.61 with 310,077 million shares trading.
ECPG has a beta of 1.62, meaning it tends to be more sensitive to market movements. ECPG has a correlation of 0.35 to the broad based SPY ETF.
ECPG has a market cap of $1.07 billion. This is considered a Small Cap stock.
Last quarter Encore Capital Group reported $277 million in Revenue and $1.25 earnings per share. This fell short of revenue expectation by $-53 million and exceeded earnings estimates by $.02.
In the last 3 years, ECPG stock traded as high as $72.73 and as low as $34.74.
The top ETF exchange traded funds that ECPG belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.
ECPG has underperformed the market in the last year with a price return of -2.6% while the SPY ETF gained +33.6%. ECPG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -11.1% and -5.2%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
ECPG support price is $45.02 and resistance is $47.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ECPG stock will trade within this expected range on the day.