Citizens Reiterates Buy Rating on Encore Capital Group, Inc.
Encore Capital Group, Inc. receives a buy rating from Citizens with a $115 price target.
Key Points
- Citizens maintained its buy rating on Encore Capital Group, Inc. on June 17, 2026, with a price target of $115.
- Encore Capital Group, Inc. trades on NasdaqGS under the ticker ECPG, with shares priced at $82.98 and a P/E ratio of 6.44.
- Recent insider activity includes sales by executives, while analysts continue to recommend the stock as a buy.
Citizens has reiterated its buy rating on Encore Capital Group, Inc. (NasdaqGS: ECPG) as of June 17, 2026. The firm set a price target of $115, suggesting confidence in the company's future performance.
Other Institutional Activity in Encore Capital Group
Several institutional investors have recently adjusted their holdings in Encore Capital Group. BlackRock, Inc. reduced its position by 59,594 shares, leaving it with 3,893,475 shares valued at about $273 million. Stephens Investment Management Group LLC also trimmed its holdings by 4,571 shares, ending with 1,301,078 shares worth approximately $91.2 million. Meanwhile, Vanguard Portfolio Management LLC made a significant addition, acquiring 1,242,682 shares, bringing its total to 1,242,682 shares valued at $87.1 million. Dimensional Fund Advisors LP decreased its stake by 81,150 shares to 1,007,023 shares, valued at roughly $70.6 million.
Encore Capital Group, Inc. Stock Snapshot
Shares of Encore Capital Group, Inc. are trading near $82.98. The company boasts a market cap of approximately $1.77 billion and a P/E ratio of 6.44, indicating a relatively low valuation compared to earnings. The stock's 52-week range is between $35.67 and $92.64, with a 50-day moving average of $81.11 and a 200-day moving average of $60.49. The company's beta is 1.305, reflecting its volatility compared to the market.
Recent Earnings
Encore Capital Group, Inc. reported revenue of $1.85 billion, showing a growth of 21%. The company achieved a net margin of 16% and a return on equity of 31.96%. Its next earnings report is expected on August 5, 2026.
Insider Buying and Selling at Encore Capital Group, Inc.
Recent insider transactions at Encore Capital Group include sales by John Yung, President of International and Cabot, who sold 2,000 shares at an average price of $80.51 on June 11, 2026, and another 2,000 shares at $82.08 on June 10, 2026. Andrew Eric Asch, SVP and General Counsel, sold 774 shares at $82.08 on June 10, and 8,311 shares at $81.47 on June 9. On the buying side, Ashwini Gupta purchased 340 shares at $78.56 on June 1.
Analysts Set New Price Targets
On June 17, 2026, Citizens maintained its buy rating for Encore Capital Group, Inc., setting a price target of $115. The consensus among analysts is a buy rating, with a mean price target of $111 based on three analyst opinions.
About Encore Capital Group, Inc.
Encore Capital Group, Inc. is a specialty finance company based in San Diego, California. It provides debt recovery solutions and related services for consumers across the globe. The company purchases portfolios of defaulted consumer receivables, managing them by working with individuals to repay their obligations. Apart from debt recovery, it offers early-stage collection, business process outsourcing, and contingent collection services. Led by CEO Mr. Ashish Masih, Encore Capital employs around 7,350 people.
Bottom Line
Encore Capital Group, Inc. remains a focus for investors following Citizens' reiterated buy rating and a price target of $115. With a solid revenue growth and a relatively low P/E ratio, the company presents an interesting opportunity in the credit services sector. As always, remember that analyst ratings and 13F filings reflect past decisions and may not represent current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.