ENCORE CAPITAL GROUP, INC.
boothcheck covers ENCORE CAPITAL GROUP, INC. (ECPG) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 25, 2026.
• Encore buys consumer accounts that lenders have already written off, pays cents on the dollar, and then collects them over a decade, so the largest asset on its books is an estimate of money not yet received. • The estimate is currently being validated by cash: collections from purchased receivables reached $718.4 million in the March 2026 quarter against $604.8 million a year earlier, while the money spent buying new paper was roughly unchanged. • The supply of that paper is a function of hou
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234 institutional managers reported holding ECPG in 13F filings for the quarter ended 2026-03-31. 39 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 1.3M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (4.5 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
ECPG has cut its share count 29.7% over the past five years, spending $455.79M on repurchases. It pays no dividend.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at ECPG over the trailing three years: 2025: 3 buys totaling $3.11M. 14 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
ECPG's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-03 | -5.5% | -2.1% |
| 2023-11-02 | +9.9% | +19.7% |
| 2024-02-22 | -10.0% | -13.2% |
| 2024-05-09 | +12.0% | -7.1% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
ECPG's latest 8-K filings: 2026-08-19 (items 5.02, 9.01); 2026-08-05 (items 2.02, 9.01); 2026-07-22 (items 7.01, 8.01, 9.01); 2026-06-16 (items 5.02, 5.03, 5.07, 9.01); 2026-05-29 (items 1.01, 2.03, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.