B. Riley Predicts Lower Earnings for Eagle Point Credit

Eagle Point Credit Company Inc. (NYSE:ECC - Free Report) - Research analysts at B. Riley cut their Q4 2025 earnings estimates for Eagle Point Credit in a note issued to investors on Tuesday, July 15th. B. Riley analyst R. Binner now forecasts that the investment management company will post earnings of $0.27 per share for the quarter, down from their prior estimate of $0.29. The consensus estimate for Eagle Point Credit's current full-year earnings is $1.10 per share.

Eagle Point Credit (NYSE:ECC - Get Free Report) last released its quarterly earnings results on Wednesday, May 28th. The investment management company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.26 by $0.02. Eagle Point Credit had a negative net margin of 27.15% and a positive return on equity of 12.90%. The business had revenue of $52.30 million for the quarter, compared to the consensus estimate of $53.54 million.

Other equities analysts also recently issued reports about the stock. Keefe, Bruyette & Woods cut their price objective on shares of Eagle Point Credit from $9.00 to $7.50 and set a "market perform" rating on the stock in a report on Thursday, May 29th. Credit Suisse Group set a $7.50 price objective on shares of Eagle Point Credit in a report on Thursday, May 29th.

Eagle Point Credit Trading Up 0.4%

Eagle Point Credit stock traded up $0.03 during mid-day trading on Thursday, hitting $7.44. 2,286,101 shares of the stock were exchanged, compared to its average volume of 1,195,572. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. Eagle Point Credit has a 12 month low of $6.54 and a 12 month high of $10.06. The firm's fifty day simple moving average is $7.65 and its two-hundred day simple moving average is $8.08. The stock has a market capitalization of $572.51 million, a price-to-earnings ratio of -18.60 and a beta of 0.41.

Eagle Point Credit Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, July 14th will be issued a $0.14 dividend. This represents a yield of 21.79%. The ex-dividend date of this dividend is Friday, July 11th. Eagle Point Credit's payout ratio is currently -420.00%.

Hedge Funds Weigh In On Eagle Point Credit

A number of institutional investors have recently added to or reduced their stakes in ECC. AdvisorNet Financial Inc acquired a new position in Eagle Point Credit during the 1st quarter worth $25,000. Cape Investment Advisory Inc. grew its stake in Eagle Point Credit by 91.2% during the 1st quarter. Cape Investment Advisory Inc. now owns 3,592 shares of the investment management company's stock worth $29,000 after purchasing an additional 1,713 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of Eagle Point Credit during the 1st quarter worth about $32,000. N.E.W. Advisory Services LLC acquired a new position in shares of Eagle Point Credit during the 1st quarter worth about $35,000. Finally, Farther Finance Advisors LLC acquired a new position in shares of Eagle Point Credit during the 2nd quarter worth about $35,000. Hedge funds and other institutional investors own 19.50% of the company's stock.

About Eagle Point Credit

Eagle Point Credit Company Inc is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S.