Last $43.81 USD
Change Today -0.11 / -0.25%
Volume 64.3K
ECPG On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 5:10 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

encore capital group inc (ECPG) Snapshot

Open
$43.91
Previous Close
$43.92
Day High
$43.91
Day Low
$43.36
52 Week High
02/14/14 - $51.31
52 Week Low
12/12/14 - $39.62
Market Cap
1.1B
Average Volume 10 Days
217.9K
EPS TTM
$4.08
Shares Outstanding
25.7M
EX-Date
--
P/E TM
10.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for ENCORE CAPITAL GROUP INC (ECPG)

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encore capital group inc (ECPG) Details

Encore Capital Group, Inc., a specialty finance company, 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 manage them by working with individuals as they repay their obligations. 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 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 is engaged in the acquisition and servicing of residential and commercial tax liens on real property. This segment assists property owners who are delinquent on their property taxes by paying these 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. Encore Capital Group, Inc. was founded in 1998 and is headquartered in San Diego, California.

5,312 Employees
Last Reported Date: 11/6/14
Founded in 1998

encore capital group inc (ECPG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $571.2K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $542.9K
Executive Vice President of U.S. Debt Purchas...
Total Annual Compensation: $286.7K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $309.5K
Compensation as of Fiscal Year 2013.

encore capital group inc (ECPG) Key Developments

Encore Capital Group, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Ended September 30, 2014

Encore Capital Group, Inc. reported unaudited consolidated earnings results for the third quarter and nine ended September 30, 2014. For the quarter, the company’s total revenues increased 16% to $273.3 million, compared to $235.6 million in the same period of the prior year. Adjusted EBITDA increased 9% to $251.8 million, compared to $231.4 million in the same period of the prior year. Net income from continuing operations attributable to the company's stockholders was $30.3 million, or $1.11 per diluted share, compared to net income from continuing operations attributable to the company's stockholders of $22.2 million, or $0.82 per diluted share, in the same period of the prior year. Adjusted income from continuing operations attributable to the company increased to $30.8 million or $1.13 per diluted share compared to adjusted income from continuing operations attributable to the company of $26.8 million or $0.99 per diluted share in the same period of the prior year. Income from operations was $84.322 million against $61.129 million a year ago. Income before income taxes was $40.292 million against $31.644 million a year ago. Income from continuing operations was $30.138 million against $21.372 million a year ago. For the nine months, the company reported total revenues of $796.218 million against $536.265 million a year ago. Income from operations was $231.097 million against $129.726 million a year ago. Income before income taxes was $106.227 million against $81.942 million a year ago. Income from continuing operations was $70.321 million against $51.832 million a year ago. Net income attributable to the company's stockholders was $77.076 million or $2.79 per diluted share against $52.346 million or $2.05 per diluted share a year ago. Net cash provided by operating activities was $98.763 million against $39.866 million a year ago. Purchases of property and equipment were $13.598 million against $8.178 million a year ago. Adjusted income from continuing operations attributable to the company was $88.738 million or $3.21 per diluted share against $69.303 million or $2.71 per diluted share a year ago. Adjusted EBITDA was $757.282 million against $578.349 million a year ago.

Encore Capital Mulls Acquisitions

Encore Capital Group, Inc. (NasdaqGS:ECPG) intends to pursue acquisitions. "As we prepare for our 2015 budget cycle and begin to lock down our 2015 budget, we are focused on pushing and unlocking organic growth from our current book of business. This doesn't mean that we're not going to pursue acquisitions that fit our strategic plan, but rather have the acquisitions provide us the flexibility to optimize our capital deployment in 2015," Ken Vecchione, President and Chief Executive Officer, said.

Encore Capital Group, Inc. to Report Q3, 2014 Results on Nov 06, 2014

Encore Capital Group, Inc. announced that they will report Q3, 2014 results at 5:00 PM, US Eastern Standard Time on Nov 06, 2014

 

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ECPG

Industry Average

Valuation ECPG Industry Range
Price/Earnings 12.0x
Price/Sales 1.1x
Price/Book 1.9x
Price/Cash Flow 9.0x
TEV/Sales NM Not Meaningful
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