Encore Capital Group

Encore Capital has appointed Robert Beck to its board of directors with immediate effect. Beck will serve on the audit and risk committee and brings more than 30 years of experience in the financial services sector, most recently as President and CEO of Regional Management Corporation. He spent much of his career in senior roles at Citigroup, particularly in finance, operations, strategy and corporate development. » Mere på de.investing.com

Shares of Encore Capital Group rose to a new all-time high of 102.64 USD, above the previous 52-week high of 101.80 USD. For the second quarter of 2026 the company reported revenue of 491.9 million USD (up 11% year over year), which topped expectations, while earnings per share of 2.81 USD were slightly below estimates, weighed down by refinancing costs of 1.00 USD per share. Analysts see the stock near its fair value, with price targets between 112 and 120 USD; Citizens confirmed a "Market Outperform" rating and a 115 USD target. » Mere på de.investing.com

Encore Capital Group reported revenue of $491.9 million in the second quarter of 2026, topping expectations, while adjusted earnings per share were $2.81, slightly below consensus. The quarter included refinancing costs of $1.00 per share that depressed results. Worldwide collections reached a record $737 million and the company raised its 2026 collections guidance to $2.8–2.85 billion. The stock fell about 3% after the results, and management expects medium-term interest savings from the refinancing. » Mere på de.investing.com