Encore Cap Group Inc Stock Price, News & Analysis

Encore Capital Group (Nasdaq: ECPG) has announced the pricing of its upsized $500 million senior secured notes offering, increased from the initially planned $400 million. The notes, due 2031, are priced at 100.00% with a 6.625% interest rate payable semi-annually starting April 15, 2026.

The notes will be senior secured obligations, guaranteed by the company's material subsidiaries and secured by substantially all assets. The proceeds will be used to repay drawings under Encore's Global Senior Facility and cover transaction-related expenses. The offering is limited to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

Encore Capital Group (Nasdaq: ECPG) announced plans to offer $400 million in senior secured notes due 2031 through a private offering to qualified institutional buyers. The notes will be senior secured obligations of the company, backed by substantially all material subsidiaries and secured by company assets.

The proceeds will be used to repay drawings under the company's Global Senior Facility and cover transaction-related expenses. The offering will be made only to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.

Encore Capital Group (NASDAQ: ECPG) reported strong Q2 2025 financial results with significant growth across key metrics. The company achieved record global portfolio purchases of $367 million, up 32% year-over-year, including a record $317 million in U.S. purchases. Global collections reached an all-time high of $655 million, increasing 20% from the previous year, with U.S. collections hitting $490 million.

The company's earnings per share surged 86% to $2.49 compared to $1.34 in Q2 2024. Estimated Remaining Collections (ERC) grew 12% to a record $9.4 billion. Based on strong H1 2025 performance, Encore raised its full-year global collections guidance to approximately $2.5 billion, representing 15.5% year-over-year growth. The company also repurchased $15 million of common stock in Q2, totaling $25 million for H1 2025.

Encore Capital Group (Nasdaq: ECPG) has released its third Economic Freedom Study, surveying over 6,000 adults in the US and UK about their financial outlook and debt management practices. The study reveals that while most adults feel positive about their personal finances, they're less optimistic about their national economies, with 49% of US and 67% of UK adults expressing negative economic outlooks.

Key findings show that 83% of US adults know their credit score compared to 51% of UK adults. Currently, 29% of US and 19% of UK adults report having past-due debt. The study indicates increased willingness to work with debt collection companies compared to 2022, with consumers prioritizing debt-free status as their primary definition of economic freedom.

Encore Capital Group (NASDAQ:ECPG), an international specialty finance company, has scheduled its second quarter 2025 financial results release for Wednesday, August 6, 2025, after market close.

The company will host a conference call and slide presentation at 2:00 p.m. Pacific / 5:00 p.m. Eastern time. Key executives presenting include CEO Ashish Masih, CFO Tomas Hernanz, and VP of Global Investor Relations Bruce Thomas. The presentation will be accessible via live webcast on Encore's investor relations website, with telephone access available through pre-registration.

Encore Capital Group (NASDAQ: ECPG) reported strong Q1 2025 financial results with significant growth across key metrics. Global portfolio purchases increased 24% to $368 million, including a record $316 million in U.S. purchases. Global collections grew 18% to $605 million, with record U.S. collections of $454 million. The company's earnings per share more than doubled to $1.93, up 103% from $0.95 in the previous year. MCM, their U.S. business, saw portfolio purchases rise 34% and collections increase 23%. Cabot, their European division, reported steady performance with $51 million in portfolio purchases and a 7% increase in collections to $150 million. The company maintains its 2025 guidance, expecting global portfolio purchases to exceed 2024's $1.35 billion and projecting 11% year-over-year collections growth to $2.4 billion.

Encore Capital Group (ECPG) has scheduled the release of its first quarter 2025 financial results for Wednesday, May 7, 2025, after market close. The international specialty finance company will host a conference call and slide presentation at 2:00 p.m. Pacific / 5:00 p.m. Eastern time on the same day.

The presentation will feature President and CEO Ashish Masih, EVP and CFO Tomas Hernanz, and VP of Global Investor Relations Bruce Thomas. The public can access the live webcast through Encore's website investor relations page, while telephone access requires pre-registration. A replay of the webcast will be available on the company's website after the call.

Encore Capital Group (Nasdaq:ECPG), an international specialty finance company, has announced its participation in the Raymond James 46th Annual Institutional Investors Conference on March 4, 2025.

The company's President and CEO, Ashish Masih, will deliver a presentation at 11:00am Eastern time. Management will also conduct investor meetings throughout the day.

Investors can access the live webcast and presentation materials through the Investor Events & Presentations section on the company's website at encorecapital.com/investor-events-presentations.

Encore Capital Group (NASDAQ: ECPG) reported its Q4 and full-year 2024 results, marking significant growth despite challenges. The company achieved record global portfolio purchases of $1.35 billion, up 26% year-over-year, while global collections increased 16% to $2.16 billion.

In the U.S., MCM business saw portfolio purchases rise 23% to $1 billion, with collections up 20%. The Cabot business in UK and Europe increased portfolio purchases by 36%, including Q4 purchases of $200 million. However, restructuring actions, including exit from Spanish and Italian markets, led to a $101 million goodwill charge in Q4.

The company reported a net loss of $139 million, or ($5.83) per share, primarily due to non-cash charges related to Cabot's goodwill impairment. For 2025, Encore expects global portfolio purchases to exceed $1.35 billion and collections to increase by 11% to $2.4 billion. The company plans to resume share repurchases in 2025.