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Encore Capital Group, Inc. - $ECPG STOCK NEWS

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

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.

Rhea-AI Summary
Encore Capital Group, Inc. announces pricing of €100.0 million senior secured floating rate notes due 2028 in a private offering.
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End-of-Day
-0.04%
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Rhea-AI Summary
Encore Capital Group announces private offering of €100.0 million senior secured floating rate notes due 2028
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End-of-Day
1.11%
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Rhea-AI Summary
Encore Capital Group, an international specialty finance company, reported consolidated financial results for Q2 2023. The company saw global collections of $477 million and portfolio purchases of $274 million, up 59%. GAAP EPS was $1.08. Despite a 4% decline in collections, the company remains well-positioned in the U.S. market and expects steady growth in ERC and earnings to continue.
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-2.88%
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1.24%
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Rhea-AI Summary
Encore Capital Group extends and increases its global senior secured revolving credit facility agreement. The termination date is extended to September 2027 and the facility size is increased by $40 million to $1.18 billion.
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-1.73%
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-3.85%
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-0.57%
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3.82%
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2.3%
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Rhea-AI Impact
Rhea-AI Sentiment
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-3.56%
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Encore Capital Group, Inc.

Nasdaq:ECPG

ECPG Rankings

ECPG Stock Data

1.01B
22.97M
3.14%
112.87%
8.86%
Credit Card Issuing
Finance and Insurance
Link
United States of America
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.