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Last $40.13 USD
Change Today +0.87 / 2.22%
Volume 253.5K
ECPG On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

encore capital group inc (ECPG) Snapshot

Open
$39.07
Previous Close
$39.26
Day High
$40.19
Day Low
$38.97
52 Week High
11/7/14 - $46.18
52 Week Low
02/2/15 - $36.40
Market Cap
1.0B
Average Volume 10 Days
218.4K
EPS TTM
$4.51
Shares Outstanding
25.2M
EX-Date
--
P/E TM
8.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for ENCORE CAPITAL GROUP INC (ECPG)

encore capital group inc (ECPG) Related Businessweek News

No Related Businessweek News Found

encore capital group inc (ECPG) Details

Encore Capital Group, Inc., a specialty finance company, together with its subsidiaries, provides debt recovery solutions for consumers and property owners across a range of financial assets worldwide. The company operates in two segments, Portfolio Purchasing and Recovery, and Tax Liens. The Portfolio Purchasing and Recovery segment purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. This segment is also involved in the debt management of portfolios consisting of higher balance and semi-performing accounts; and the management of non-performing loans. In addition, it provides portfolio management services to banks for non-performing loans; financial solutions to individuals who have previously defaulted on their obligations; payment plan guarantee and factoring services to merchants; and loan guarantee services to financial institutions. Further, this segment focuses on consumer non-performing loans, including insolvencies and non-bank receivables. The Tax Liens segment engages in the acquisition and servicing of residential and commercial tax liens on real property. This segment works directly with property owners to structure affordable payment plans by paying delinquent property taxes on behalf of the property owners in exchange for payment agreements collateralized by a tax lien on the property. It also purchases tax liens directly from taxing authorities. This segment’s property tax liens include Texas tax liens, Nevada tax liens, and tax lien certificates in various other states. Encore Capital Group, Inc. was founded in 1998 and is headquartered in San Diego, California.

5,601 Employees
Last Reported Date: 08/10/15
Founded in 1998

encore capital group inc (ECPG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $852.6K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $96.2K
Executive Vice President of U.S. Debt Purchas...
Total Annual Compensation: $329.1K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $295.4K
Group Executive of International and Corporat...
Total Annual Compensation: $544.8K
Compensation as of Fiscal Year 2014.

encore capital group inc (ECPG) Key Developments

Encore Capital Group, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Cash Flow Results for the Six Months Ended June 30, 2015

Encore Capital Group, Inc. announced unaudited consolidated earnings results for the second quarter and cash flow results for the six months ended June 30, 2015. For the quarter, net income attributable to the company was $27.7 million, or $1.03 per fully diluted share, compared to net income attributable to company of $23.6 million, or $0.86 per fully diluted share, in the same period of the prior year. Adjusted income attributable to the company increased 14% to $33.2 million, compared to adjusted income attributable to the company of $29.1 million in the same period of the prior year. Adjusted income attributable to the company per share (also referred to as Economic EPS) grew 15% to $1.27, compared to $1.10 in the same period of the prior year. Adjusted EBITDA grew to a record $277 million, an increase of 8%, compared to $256 million in the same period of the prior year. The company’s improving collections performance in the second quarter led to strong cash flows. Revenue in the quarter was a record $290 million, an increase of 8% over the $269 million in the second quarter of 2014. The company’s success in the quarter was driven primarily by two of its strategic initiatives within the company: First, its international platform is delivering strong growth in collections, revenues and earnings; and second, the company is successfully sustaining its core U.S. business through sizable capital deployments and commitments for forward flows. Income from operations was $87.0 million compared to $78.51 million a year ago. Income before income taxes was $41.15 million compared to $35.36 million a year ago. For the six months, net cash provided by operating activities was $47.41 million compared to $52.37 million a year ago. Purchase of property and equipment was $10.64 million compared to $8.94 million a year ago.

Encore Capital Group, Inc. to Report Q2, 2015 Results on Aug 10, 2015

Encore Capital Group, Inc. announced that they will report Q2, 2015 results at 9:00 AM, Eastern Standard Time on Aug 10, 2015

Encore Capital Group, Inc., Q2 2015 Earnings Call, Aug 10, 2015

Encore Capital Group, Inc., Q2 2015 Earnings Call, Aug 10, 2015

 

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Industry Analysis

ECPG

Industry Average

Valuation ECPG Industry Range
Price/Earnings 9.4x
Price/Sales 0.9x
Price/Book 1.6x
Price/Cash Flow 7.0x
TEV/Sales NM Not Meaningful
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