Jefferson Capital (JCAP)
Buys distressed consumer receivables at a discount and collects or services them for the original lender.
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Purchases charged-off, insolvency, and active-account consumer receivables across credit card, auto, telecom, and retail installment debt, then collects on them directly or services them for the originating creditor, pricing portfolios through proprietary analytics.
Purchases pools of charged-off, insolvency, and increasingly active-account consumer receivables at a discount to face value, then either works the accounts out directly or services them for the original creditor on a fee basis. Portfolios span credit card, auto, telecom, and retail installment debt, alongside consumer bankruptcies; clients include large banks, card issuers, telecoms, auto lenders, and fintech origination platforms.
Operations are concentrated in the United States, with additional offices in the United Kingdom, Canada, and Colombia. Portfolio pricing and collection strategy run on proprietary analytics the company treats as its core operating edge.
The business traces to 2002, when it was formed to wind down a large catalog retailer's charged-off receivables inside a subprime credit-card issuer, then passed through two successive private-equity owners before listing on Nasdaq in 2025; the prior owner retained majority ownership after the offering.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 17, 2026 | Capital One Financial | Target | Target: $28 | Target: $30 |
| Aug 14, 2026 | Truist Financial | Target | Target: — | Target: $30 |
| Aug 14, 2026 | Raymond James | Reiterate | Rating: —Target: $21 | Target: $24 |
| May 15, 2026 | Raymond James | Target | Target: $25 | Target: $21 |
| Mar 6, 2026 | Jefferies | Target | Target: — | Target: $29 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $20.4M · Total debt $1.41B · Total assets $2.08B · Shareholders' equity $476.2M
- Revenue
- $177.5M
- Operating income
- $81.4M
- Net income
- $41.3M
HistoryDividendAnnual yield
| Institutions | ≈ 38.81% | 22.28M shares | |
|---|---|---|---|
| 114 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 9.64% | 5.54M shares | |
| 8 holders · as of Aug 26, 2026 | |||
| Strategic holders | 56.98% | 32.72M shares | |
| 1 holder · as of May 8, 2026 | |||
| Adds to | 105.43% | ||
57.43M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 105.43%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
JCF IV JCAP Holding L.P.Strategic10 percent owner | 56.98% | 32.72M | filed May 8, 2026 |
David M. BurtonInsiderdirector, officer: SEE REMARKS | 6.58% | 3.78M | filed Jan 16, 2026 |
Wellington Management Group LLPInstitution | 4.04% | 2.32M | as of Jun 30, 2026 |
Adage Capital Partners GP, L.L.C.Institution | 3.24% | 1.86M | as of Jun 30, 2026 |
William Blair Investment Management, LLCInstitution | 3.15% | 1.81M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 25, 2026 | Penelope JoAnn Person | officer: Chief Commercial Officer | −246 | $22.04 |
| Aug 17, 2026 | Mark Joseph Zellmann | officer: President US Business Lines | −56,000 | $23.75 |
| Jan 9, 2026 | David M. Burton | director, officer: SEE REMARKS | −385,000 | $20.50 |
| Jan 9, 2026 | JCF IV JCAP Holding L.P. | 10 percent owner | −11,000,000 | $19.63 |
- Encore Capital Group
Largest US listed debt buyer via Midland Credit Management; UK overlap via Cabot
- PRA Group
US pure-play debt buyer in the same charged-off consumer receivables market
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Jefferson Capital | $19.22 | −3.37% | $1.23B | 7.5 | 6.5 | 1.9 | +16.3% |
| Encore Capital Group | $94.46 | −3.90% | $2.11B | 7.4 | 6.8 | 1.1 | +11.3% |
| PRA Group | $20.06 | −2.53% | $784.9M | — | 5.9 | 0.6 | +29.4% |
| Median | 7.4 | 6.4 | 0.8 | +20.3% |