| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 89 | 8.5x | 17.8x | Top tier | |
Growth | 59 | 22.8% | 7.1% | Around median | |
Quality | 98 | — | — | Top tier | |
Safety | 28 | — | — | Bottom tier | |
Capital Return | 45 | 4.58% | 2.12% | Around median | |
Momentum | 61 | 6.2% | 2.9% | Around median | |
Sentiment | 22 | 2 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Jefferson Capital purchases, collects, and manages consumer credit portfolios across the United States and Latin America. Its activities include performing and nonperforming accounts and bankruptcy cases involving credit cards, installment loans, and auto financing. The company generates revenue from cash flows from purchased portfolios and collection services, while retaining value-added data, analytics, models, technologies, and collection processes in-house and outsourcing operationally intensive activities such as large domestic call centers. As of June 30, 2026, estimated remaining collections totaled $3.4 billion, including $218 million related to the Bluestem portfolio and $83 million related to the Conn's portfolio within U.S. nonperforming assets.
In Q2 fiscal 2026, revenue rose 16% year over year to $178 million, and collections increased 18% to $301 million, while adjusted earnings per share were $0.77 and adjusted pretax income was $59 million. The company recorded an adjusted pretax return on equity of 51.6%, while cash-adjusted earnings before interest, taxes, depreciation, and amortization increased 12% to $226 million. The data did not disclose a gross margin, but the cash efficiency ratio was 72.2%, or 67.8% excluding Bluestem and Conn's collections and expenses.
The Q2 fiscal 2026 mix showed a meaningful contribution from large performing portfolios: Bluestem generated $41 million in collections, $11 million in portfolio revenue, and $7.1 million in net operating income, while Conn's generated $24 million in collections, $11.1 million in portfolio revenue, $0.6 million in servicing revenue, and $8.1 million in net operating income. On a financial-statement basis, Q1 fiscal 2026 revenue was approximately $176.4 million and net income was $37.6 million, while revenue for the last 12 months was $634.8 million, net income was $161.4 million, and earnings per share were approximately $2.90.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $28.25, within a range of $24 to $30, and the stock has a consensus "Buy" rating; the average and high targets are above the 52-week range high of $24.44, while the low target is close to it. No published price-to-earnings ratio is available in the data despite earnings per share of $5.64 in fiscal 2025 and approximately $2.90 for the last 12 months, so analyst targets should be weighed against the 46% increase in operating expenses and the costs of legal expansion, within a 52-week range of $15.50 to $24.44.
Figures in the text are as of 2026-09-02; the live price is shown at the top of the page.
Collections in Q2 fiscal 2026 rose 18% to $301 million, and portfolio purchases increased 21% to $152 million. In July 2026, the company recorded record purchases of $185 million, with a significant portion focused on performing and nonperforming auto financing and bankruptcy cases. Forward flow commitments also reached $480.7 million as of June 30, 2026, up approximately 80% year over year.
Jefferson Capital handles performing and nonperforming auto accounts and bankruptcy cases, whether secured or unsecured. Management sees an opportunity in a market with balances of $1.69 trillion, with an average monthly payment of $773 for a new vehicle and $531 for a used vehicle. However, this activity is more complex than some other portfolios because it may require vehicle repossession, compliance with regulations that vary by state, and incurring legal costs before collections are received.
The company estimated that it needs to purchase approximately $565 million in portfolios during the twelve months following June 30, 2026, to offset runoff and maintain the estimated remaining collections balance at its current level. At that date, it had $312 million in contracted purchases for the following twelve months, and it then purchased $185 million in portfolios in July 2026. The estimated remaining collections balance was $3.4 billion, and the company expects to collect $1.1 billion of it during the same period.
Bluestem contributed $41 million in collections in Q2 fiscal 2026, along with $11 million in portfolio revenue and $7.1 million in net operating income. Conn's contributed $24 million in collections, $11.1 million in portfolio revenue, $0.6 million in servicing revenue, and $8.1 million in net operating income. The low cost of collecting on paying accounts in these two portfolios helped raise the cash efficiency ratio to 72.2%, compared with 67.8% when they were excluded.
Operating expenses rose 46% year over year to $95 million, compared with revenue growth of 16% to $178 million. The company attributed the increase to court costs resulting from growth in the legal channel and to noncash stock-based compensation expense following the public offering. Even after adjusting for stock-based compensation and public-offering items in the comparison period, expense growth was 35%, while growth in cash-adjusted earnings before interest, taxes, depreciation, and amortization was only 12%.
Net debt to cash-adjusted earnings before interest, taxes, depreciation, and amortization was 1.71 times as of June 30, 2026, below management's long-term target range of 2 times to 2.5 times. A total of $226 million was drawn from a secured credit facility with total commitments of $1.15 billion, and the company then transferred $300 million to the bond trustee to repay the unsecured notes due in August 2026. The board of directors declared regular quarterly dividends of $0.24 per share, and the company also repurchased 3 million shares for $59 million in January 2026.
