About Encore Capital Group, Inc.Encore Capital Group is an international specialty finance company that provides debt recovery solutions and other related services across a broad range of financial assets. Posted by Jeanne O'Marion on Oct 4th, 2020. 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 Small Cap 600 and the Wilshire 4500. The company has a 50 day moving average price of $42.98 and a 200 day moving average price of $34.12. SAN DIEGO, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Earlier today, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Encore Capital Group, Inc. (NASDAQ: ECPG) and its U.S.-based subsidiaries Midland Funding, LLC, Midland Credit Management, Inc. and Asset Acceptance Capital Corp. — Today the Consumer Financial Protection Bureau (Bureau) filed a lawsuit against Encore Capital Group, Inc. and its subsidiaries, Midland Funding, LLC; Midland Credit Management, Inc.; and Asset Acceptance Capital Corp. (C) Copyright 2020 GlobeNewswire, Inc. All rights reserved. Encore Capital Group (ECPG) $ 45.98 +0.97 (+2.15%) As of August 21 4:00:00 PM EST. The MarketWatch News Department was not involved in the creation of this content. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Q-Factor Score. Raymond James restated a “hold” rating on shares of Encore Capital Group in a report on Wednesday, September 2nd. Contact the source provider Comtex at editorial@comtex.com. Ms. The asset manager reported $4.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $2.05. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Investor Relations, presenting and discussing the reported results. Prior to joining Encore Capital, Dimitri was the Portfolio Director at Barclays Ventures, London. Encore Capital Group (NASDAQ:ECPG) last released its earnings results on Wednesday, August 5th. Trump kept mum on Thursday test result and instructed White House adviser who had tested positive, ‘Don’t tell anyone’. © 2020 Insider Inc. and finanzen.net GmbH (Imprint). Copyright © 2020 MarketWatch, Inc. All rights reserved. You can also contact MarketWatch Customer Service via our Customer Center. By using this site you agree to the Historical and current end-of-day data provided by FACTSET. Is there a problem with this press release? My mom gave $250K to my aunt to buy a home. We have long since refined our processes, making the necessary changes to improve our operations, and provided appropriate relief for impacted accounts over three years ago.” Ryan Bell, President of Midland Credit Management, said, “We have great confidence in our systems, practices and approach to working with consumers. The statements in this press release that are not historical facts, including, most importantly, those statements preceded by, or that include, the words “will,” “may,” “believe,” “projects,” “expects,” “anticipates” or the negation thereof, or similar expressions, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act”). Zacks Investment Research cut shares of Encore Capital Group from a “buy” rating to a “hold” rating in a research report on Tuesday, August 11th.