Encore Capital Group stock falls 3.89 percent before note redemption
Published on 09/24/2026 at 02:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Encore Capital Group stock (ECPG) stood at USD 94.47 after hours on Nasdaq on September 23, 2026, down 3.89 percent from USD 98.29. The company is scheduled to redeem USD 230.0 million of convertible notes on September 24, 2026, according to MarketMinute.
Q2 revenue beats expectations
Encore reported Q2 2026 revenue of USD 491.9 million, an 11.3 percent year-over-year increase. The result exceeded analyst expectations by 8.1 percent, according to Yahoo Finance.
Net income reached USD 63.999 million in Q2 2026, while diluted earnings per share came to USD 2.81. The quarter also produced a net profit margin of 13 percent, placing the operating result alongside the revenue expansion.
Guidance supports the debt event
Encore's Q2 2026 global collections reached USD 737 million, a quarterly record and a 13 percent increase. MarketBeat also reports fiscal 2026 guidance of USD 2.8 billion to USD 2.85 billion for collections and USD 13 to USD 14 for earnings per share.
The capital event therefore arrives alongside a measurable operating comparison. Collections grew 13 percent while operating expenses increased 5 percent, creating a wider gap between portfolio recovery and cost growth during the quarter.
Stock sits below the yearly high
At USD 94.47 after hours on Nasdaq on September 23, 2026, Encore Capital Group stock was 10.01 percent below its 52-week high of USD 104.98. Market capitalization stood at USD 2,025,474,588 on the same quote snapshot, while the 52-week low was USD 39.95.
Encore Capital Group stock facts
- Company: Encore Capital Group, Inc.
- Ticker: ECPG
- Trading venue: Nasdaq
- Price as of September 23, 2026: USD 94.47
- Market capitalization: USD 2,025,474,588 as of September 23, 2026
- 52-week range: USD 39.95-104.98 as of September 23, 2026
- Sector / Industry: Financial Services / Financial - Credit Services
