W. R. Berkley (WRB) At $70.73 Forms Top; Encore Capital Group (ECPG) Has 1.1 Sentiment

W. R. Berkley Corporation (WRB) formed multiple top with $74.97 target or 6.00% above today’s $70.73 share price. W. R. Berkley Corporation (WRB) has $8.62B valuation. The stock increased 1.01% or $0.71 during the last trading session, reaching $70.73. About 284,313 shares traded. W. R. Berkley Corporation (NYSE:WRB) has risen 22.62% since January 21, 2017 and is uptrending. It has outperformed by 5.92% the S&P500.

Encore Capital Group, Inc., a specialty finance company, together with its subsidiaries, provides debt recovery solutions for clients across a range of financial assets worldwide. The company has market cap of $1.07 billion. The firm purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It has a 11.68 P/E ratio. It is also involved in the debt management of portfolios consisting of higher balance and semi-performing accounts; and the management of non-performing loans.

Analysts await W. R. Berkley Corporation (NYSE:WRB) to report earnings on January, 30. They expect $0.76 EPS, down 7.32% or $0.06 from last year’s $0.82 per share. WRB’s profit will be $92.57M for 23.27 P/E if the $0.76 EPS becomes a reality. After $0.36 actual EPS reported by W. R. Berkley Corporation for the previous quarter, Wall Street now forecasts 111.11% EPS growth.

Among 10 analysts covering W.R. Berkley (NYSE:WRB), 1 have Buy rating, 1 Sell and 8 Hold. Therefore 10% are positive. W.R. Berkley had 21 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, July 26. RBC Capital Markets maintained W. R. Berkley Corporation (NYSE:WRB) rating on Monday, July 10. RBC Capital Markets has “Hold” rating and $6700 target. The stock of W. R. Berkley Corporation (NYSE:WRB) has “Hold” rating given on Wednesday, October 4 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained W. R. Berkley Corporation (NYSE:WRB) on Thursday, December 21 with “Hold” rating. The firm has “Hold” rating given on Friday, September 1 by Keefe Bruyette & Woods. The stock of W. R. Berkley Corporation (NYSE:WRB) earned “Hold” rating by RBC Capital Markets on Monday, October 2. RBC Capital Markets maintained W. R. Berkley Corporation (NYSE:WRB) on Monday, August 28 with “Hold” rating. Compass Point maintained W. R. Berkley Corporation (NYSE:WRB) rating on Tuesday, July 28. Compass Point has “Neutral” rating and $55 target. The stock has “Neutral” rating by Bank of America on Wednesday, October 25. As per Tuesday, October 13, the company rating was maintained by Compass Point.

Ratings analysis reveals 0 of Encore Capital’s analysts are positive. Out of 2 Wall Street analysts rating Encore Capital, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. ECPG was included in 2 notes of analysts from September 20, 2016. Citigroup downgraded the stock to “Neutral” rating in Tuesday, September 20 report. The firm has “Mkt Perform” rating given on Tuesday, December 13 by Raymond James.

The stock increased 0.85% or $0.35 during the last trading session, reaching $41.5. About 184,224 shares traded. Encore Capital Group, Inc. (ECPG) has risen 51.28% since January 21, 2017 and is uptrending. It has outperformed by 34.58% the S&P500.

Analysts await Encore Capital Group, Inc. (NASDAQ:ECPG) to report earnings on February, 22. They expect $0.93 earnings per share, up 29.17% or $0.21 from last year’s $0.72 per share. ECPG’s profit will be $23.93M for 11.16 P/E if the $0.93 EPS becomes a reality. After $1.15 actual earnings per share reported by Encore Capital Group, Inc. for the previous quarter, Wall Street now forecasts -19.13% negative EPS growth.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $786,728 activity.

Red Mountain Capital Partners Llc holds 19.19% of its portfolio in Encore Capital Group, Inc. for 1.39 million shares. Second Curve Capital Llc owns 305,000 shares or 5.42% of their US portfolio. Moreover, Broad Run Investment Management Llc has 4.29% invested in the company for 2.90 million shares. The Texas-based Smith Graham & Co. Investment Advisors Lp has invested 1.72% in the stock. Central Securities Corp, a New York-based fund reported 200,000 shares.