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Encore Capital Group, Inc. - ECPG STOCK NEWS

Welcome to our dedicated news page for Encore Capital Group (Ticker: ECPG), a resource for investors and traders seeking the latest updates and insights on Encore Capital Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Encore Capital Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Encore Capital Group's position in the market.

News
Encore Capital Group Expands Junior Achievement Partnership in the United States to Empower Youth Through Financial Education
Rhea-AI Summary
Encore Capital Group partners with Junior Achievement USA to provide financial education and support to young people across the United States. The partnership includes financial contributions, employee volunteer time, and expands to multiple Junior Achievement chapters. This initiative aligns with Encore's mission to promote economic freedom and financial literacy, especially during Financial Literacy Month.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
partnership
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News
Encore Capital Group to Announce First Quarter 2024 Financial Results on May 8
Rhea-AI Summary
Encore Capital Group, Inc. (Nasdaq:ECPG) will announce its first quarter 2024 financial results on May 8, 2024. The company will host a conference call and slide presentation with key executives discussing the reported results. Members of the public can access the live webcast on Encore's website. A replay will be available for those unable to listen live.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
earnings
-
News
Encore Capital Group, Inc. Announces Pricing of Upsized Senior Secured Notes Offering
Rhea-AI Summary
Encore Capital Group, Inc. announces the pricing of $500.0 million senior secured notes due 2029, upsized by $100.0 million, at an issue price of 100.000%. The notes will accrue interest at 9.250% per annum and mature on April 1, 2029. Proceeds will be used to repay drawings under the Global Senior Facility and pay transaction fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
Tags
none
News
Encore Capital Group, Inc. Announces Proposed Senior Secured Notes Offering
Rhea-AI Summary
Encore Capital Group, Inc. (ECPG) plans to offer $400.0 million in senior secured notes due 2029 in a private offering. The notes will be guaranteed by the Company's subsidiaries and secured by its assets. The proceeds will be used to repay existing credit facility drawings and for transaction fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
none
-
News
Encore Capital Group to Present and Meet with Investors at the Raymond James 45th Annual Institutional Investors Conference
Rhea-AI Summary
Encore Capital Group, Inc. (ECPG) executives to attend Raymond James conference. Ashish Masih, President and CEO, to present at 45th Annual Institutional Investors Conference. Webcast and presentation details provided on company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
Tags
conferences
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News
Encore Capital Group Announces Fourth Quarter and Full-Year 2023 Financial Results
Rhea-AI Summary
Encore Capital Group, Inc. (ECPG) reports strong growth in global portfolio purchases in 2023, with a record $815 million in the U.S. Encore expects continued growth in 2024 with a focus on the U.S. market. Despite a net loss of $206 million in 2023, primarily due to non-cash charges, Encore remains optimistic about its position and outlook for the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.81%
Tags
earnings
News
Encore Capital Group to Announce Fourth Quarter 2023 Financial Results on February 21
Rhea-AI Summary
Encore Capital Group, Inc. (Nasdaq:ECPG) will release its financial results for the fourth quarter 2023 on February 21, 2024. The company will host a conference call and slide presentation with key executives presenting the reported results. The public can access the live webcast and conference call via the company's website. A replay of the webcast will also be available for those who miss the live broadcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.36%
Tags
earnings
-
News
Encore Capital Group Announces Third Quarter 2023 Financial Results
Rhea-AI Summary
Encore Capital Group, Inc. reported consolidated financial results for Q3 2023. Global collections reached $465 million, with portfolio purchases totaling $231 million, including $179 million in the U.S. The company experienced growth in U.S. portfolio supply, leading to improved pricing and returns. The European market remains competitive, and the company plans to focus on the U.S. market. GAAP EPS was $0.79.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.42%
Tags
earnings
-
News
Encore Capital Group Completes Offering of Senior Secured Floating Rate Notes
Rhea-AI Summary
Encore Capital Group Completes €100 Million Senior Secured Floating Rate Notes Offering
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
Tags
none
News
Encore Capital Group to Announce Third Quarter 2023 Financial Results on November 1
Rhea-AI Summary
Encore Capital Group to release Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.07%
Tags
earnings
Stock ECPG logo
Encore Capital Group, Inc.

Nasdaq:ECPG

ECPG Rankings

#2418 Ranked by Market Cap
#3479 Ranked by Stock Gains
N/A Ranked by Dividends

ECPG Stock Data

1.01B
22.97M
3.14%
112.87%
8.86%
Credit Card Issuing
Finance and Insurance
Link
US
San Diego

About ECPG

encore capital group is a leading provider of debt management and recovery solutions for consumers and property owners across a broad range of assets. through its subsidiaries, the company purchases portfolios of consumer receivables from major banks, credit unions, and utility providers, and partners with individuals as they repay their obligations and work toward financial recovery. through its propel financial services subsidiary, the company assists property owners who are delinquent on their property taxes by structuring affordable monthly payment plans. headquartered in san diego, encore is a publicly traded nasdaq global select company (ticker symbol: ecpg) and a component stock of the russell 2000, the s&p smallcap 600, and the wilshire 4500. more information about our company can be found at http://www.encorecapital.com.