Eagle Point Credit Company Profile (NYSE:ECC)

About Eagle Point Credit

Eagle Point Credit logoEagle Point Credit Company Inc. is a non-diversified, closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. The Company invests primarily in equity and junior debt tranches of collateralized loan obligations (CLOs). The Company's portfolio includes its investments in various industries, such as business equipment and services; healthcare; electronics/electrical; leisure goods/activities/movies; retailers (except food and drug); chemicals and plastics; telecommunications; financial intermediaries; oil and gas, and lodging and casinos. The Company's advisor is Eagle Point Credit Management LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed-End Fund - Debt
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: ECC
  • CUSIP:
Key Metrics:
  • Previous Close: $16.84
  • 50 Day Moving Average: $17.45
  • 200 Day Moving Average: $17.06
  • 52-Week Range: C$13.30 - C$19.35
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 6.66
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Beta: 0.22
Profitability:
  • Net Margins: -51.88%
Additional Links:
Companies Related to Eagle Point Credit:

Analyst Ratings

Consensus Ratings for Eagle Point Credit (NYSE:ECC) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: C$19.30 (14.61% upside)
Analysts' Ratings History for Eagle Point Credit (NYSE:ECC)
Show:
DateFirmActionRatingPrice TargetDetails
8/25/2016Deutsche Bank AGBoost Price TargetBuy$18.50 -> $19.00View Rating Details
8/25/2016National SecuritiesReiterated RatingBuy$24.00View Rating Details
8/25/2016Compass PointBoost Price TargetNeutral$15.00 -> $17.00View Rating Details
2/29/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$20.00 -> $18.00View Rating Details
11/25/2015WunderlichLower Price TargetBuy$23.00 -> $18.50View Rating Details
1/16/2015GuggenheimInitiated CoverageBuy$21.50View Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Eagle Point Credit (NYSE:ECC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/24/2016Q216$0.59$0.57$14.04 millionViewN/AView Earnings Details
5/19/2016Q116$0.57$0.61$13.43 millionViewN/AView Earnings Details
2/26/2016Q415$0.54$0.53$12.44 millionViewN/AView Earnings Details
8/26/2015Q215$0.46$0.46$10.65 millionViewListenView Earnings Details
5/27/2015Q115$0.51$0.38ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Eagle Point Credit (NYSE:ECC)
Current Year EPS Consensus Estimate: $2.33 EPS
Next Year EPS Consensus Estimate: $2.53 EPS

Dividends

Current Dividend Information for Eagle Point Credit (NYSE:ECC)
Annual Dividend:$2.40
Dividend Yield:14.25%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-120.60% (Based on Trailing 12 Months of Earnings)
103.00% (Based on Current Year Consensus EPS Estimate)
94.86% (Based on Next Year Consensus EPS Estimate)
Dividend History for Eagle Point Credit (NYSE:ECC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/2/2016quarterlyC$0.6013.35%9/28/20169/30/201610/31/2016
6/3/2016quarterlyC$0.6014.55%6/28/20166/30/20167/29/2016
3/3/2016quarterlyC$0.6015.52%3/29/20163/31/20164/29/2016
12/8/2015quarterlyC$0.6013.64%12/29/201512/31/20151/29/2016
9/2/2015quarterlyC$0.6011.68%9/28/20159/30/201510/30/2015
6/2/2015quarterlyC$0.6011.7%6/26/20156/30/20157/31/2015
3/4/2015monthlyC$0.6034.4%3/27/20153/31/20154/30/2015
10/15/2014quarterlyC$0.5512/29/201412/31/20141/26/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Eagle Point Credit (NYSE:ECC)
Insider Ownership Percentage: 0.65%
Institutional Ownership Percentage: 71.24%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2016Kenneth P. OnorioCFOBuy1,696C$17.75C$30,104.00View SEC Filing  
8/29/2016Kenneth P. OnorioCFOBuy1,726C$17.47C$30,153.22View SEC Filing  
6/21/2016Thomas P MajewskiPortfolio ManagerBuy1,000C$16.47C$16,470.00View SEC Filing  
6/20/2016Daniel M SpinnerPortfolio ManagerBuy1,887C$16.57C$31,267.59View SEC Filing  
6/20/2016Kevin F McdonaldDirectorBuy1,450C$16.56C$24,012.00View SEC Filing  
3/18/2016Daniel M SpinnerPortfolio ManagerBuy235C$24.00C$5,640.00View SEC Filing  
3/16/2016Thomas P MajewskiPortfolio ManagerBuy1,000C$24.05C$24,050.00View SEC Filing  
3/15/2016Kenneth P OnorioCFOBuy1,600C$15.67C$25,072.00View SEC Filing  
3/3/2016Gary Richard FreemanDirectorBuy6,000C$0.19C$1,140.00
2/29/2016Gary Richard FreemanDirectorBuy50,000C$0.18C$8,750.00
2/5/2016Gary Richard FreemanDirectorBuy16,000C$0.14C$2,240.00
2/2/2016Gary Richard FreemanDirectorBuy20,000C$0.15C$2,900.00
2/1/2016Gary Richard FreemanDirectorBuy9,500C$0.16C$1,472.50
12/31/2015Gary Richard FreemanDirectorBuy500C$0.15C$72.50
12/22/2015Gary Richard FreemanDirectorBuy5,500C$0.14C$742.50
12/21/2015Gary Richard FreemanDirectorBuy6,000C$0.15C$870.00
12/18/2015Gary Richard FreemanDirectorBuy25,000C$0.15C$3,625.00
12/15/2015Kenneth P. OnorioCFOBuy1,484C$17.00C$25,228.00View SEC Filing  
12/14/2015Thomas P. MajewskiPortfolio ManagerBuy1,000C$24.55C$24,550.00View SEC Filing  
12/2/2015Gary Richard FreemanDirectorBuy5,000C$0.15C$750.00
11/25/2015Gary Richard FreemanDirectorBuy21,500C$0.15C$3,117.50
9/15/2015Kenneth P. OnorioCFOBuy1,260C$19.96C$25,149.60View SEC Filing  
7/6/2015Gary Richard FreemanDirectorBuy16,000C$0.13C$2,080.00
6/29/2015Gary Richard FreemanDirectorBuy5,000C$0.11C$550.00
6/16/2015Daniel M SpinnerPortfolio ManagerBuy1,300C$25.15C$32,695.00View SEC Filing  
6/15/2015Daniel M SpinnerPortfolio ManagerBuy300C$25.11C$7,533.00View SEC Filing  
6/15/2015Gary Richard FreemanDirectorBuy25,000C$0.14C$3,500.00
6/15/2015Kenneth P OnorioCFOBuy1,219C$20.66C$25,184.54View SEC Filing  
5/26/2015Gary Richard FreemanDirectorBuy5,000C$0.14C$700.00
5/25/2015Gary Richard FreemanDirectorBuy15,000C$0.14C$2,100.00
5/8/2015Gary Richard FreemanDirectorBuy10,000C$0.16C$1,550.00
5/5/2015Gary Richard FreemanDirectorBuy1,000C$0.15C$150.00
5/4/2015Gary Richard FreemanDirectorBuy4,000C$0.16C$640.00
5/1/2015Gary Richard FreemanDirectorBuy12,000C$0.15C$1,800.00
4/17/2015Gary Richard FreemanDirectorBuy13,000C$0.13C$1,690.00
3/30/2015Gary Richard FreemanDirectorBuy5,000C$0.15C$725.00
3/25/2015Gary Richard FreemanDirectorBuy2,500C$0.15C$375.00
3/17/2015Gary Richard FreemanDirectorBuy8,000C$0.14C$1,120.00
12/11/2014Gary Richard FreemanDirectorBuy10,000C$0.13C$1,250.00
10/8/2014Eagle Point Credit ManagementInsiderBuy100,000C$20.00C$2,000,000.00View SEC Filing  
10/8/2014Jeffrey L WeissDirectorBuy12,500C$20.00C$250,000.00View SEC Filing  
10/8/2014Thomas P MajewskiPortfolio ManagerBuy17,588C$20.00C$351,760.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Eagle Point Credit (NYSE:ECC)
DateHeadline
News IconAmerican Express Company shares rise as it ups investor payout (NYSE:ECC)
www.onenewspage.com - September 27 at 4:48 PM
seekingalpha.com logoEagle Point Credit announces common stock offering (NYSE:ECC)
seekingalpha.com - September 21 at 5:15 PM
stockhouse.com logoEagle Point Credit Company Inc. Announces Common Stock Offering (NYSE:ECC)
www.stockhouse.com - September 21 at 9:02 AM
4-traders.com logoEagle Point Credit Company Inc. : Prices Offering of Unsecured Notes (NYSE:ECC)
www.4-traders.com - September 19 at 3:37 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Third Quarter 2016 Common Distribution (NYSE:ECC)
finance.yahoo.com - September 14 at 4:51 PM
reuters.com logoBRIEF-Eagle Point Credit Company posts Q2 earnings $1.81/shr (NYSE:ECC)
www.reuters.com - August 26 at 7:31 AM
News IconEagle Point Credit Company Inc. Announces Second Quarter 2016 Financial Results (NYSE:ECC)
www.wallstreet-online.de - August 24 at 4:43 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Schedules Release of Second Quarter 2016 Financial Results (NYSE:ECC)
finance.yahoo.com - August 11 at 4:53 PM
feeds.reuters.com logoBRIEF-Eagle Point Credit Company Inc Prices offering of unsecured notes (NYSE:ECC)
feeds.reuters.com - August 8 at 7:03 PM
seekingalpha.com logoOxford Lane - Return To Normalcy? (NYSE:ECC)
seekingalpha.com - August 2 at 4:54 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Third Quarter 2016 Preferred Distributions (NYSE:ECC)
finance.yahoo.com - July 5 at 4:36 PM
finance.yahoo.com logoStifel Financial Seeks to Improve Margins through Divestiture (NYSE:ECC)
finance.yahoo.com - June 28 at 9:37 AM
News IconChief Executive Officer of Eagle Point Creditny Inc (NYSE:ECC), Majewski Thomas P., buys 1,000 shares worth $16,470 (NYSE:ECC)
empowerednews.net - June 22 at 9:26 AM
finance.yahoo.com logoLegg Mason's (LM) CEO Package Drops 3.3% in Fiscal 2016 (NYSE:ECC)
finance.yahoo.com - June 16 at 8:16 AM
finance.yahoo.com logoNasdaq (NDAQ) Announces $500 Million Senior Notes Offering (NYSE:ECC)
finance.yahoo.com - June 3 at 9:04 AM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Second Quarter 2016 Common Distribution (NYSE:ECC)
finance.yahoo.com - June 2 at 5:17 PM
businesswire.com logoEagle Point Credit Company Inc. Prices Offering of Unsecured Notes (NYSE:ECC)
www.businesswire.com - June 1 at 11:00 PM
feeds.reuters.com logoBRIEF-Eagle point credit company says announces offering of unsecured notes (NYSE:ECC)
feeds.reuters.com - May 31 at 6:21 PM
finance.yahoo.com logo5:58 pm Eagle Point Credit commences offering of its 7.00% Notes due 2020 (NYSE:ECC)
finance.yahoo.com - May 31 at 5:58 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Offering of Unsecured Notes (NYSE:ECC)
finance.yahoo.com - May 31 at 5:55 PM
News IconStock Rating Review for Eagle Point Credit Company Inc. (NYSE:ECC) - Wall Street Hints and News (NYSE:ECC)
hintsnewsnetwork.com - May 28 at 2:34 PM
News IconEarnings Review and Stock Rundown for Eagle Point Credit Company Inc. (NYSE:ECC) - Wall Street Hints and News (NYSE:ECC)
hintsnewsnetwork.com - May 26 at 2:39 PM
News IconTarget Check and Stock Performance Recap Eagle Point Credit Company Inc. (NYSE:ECC) - Wall Street Hints and News (NYSE:ECC)
hintsnewsnetwork.com - May 26 at 2:39 PM
tradecalls.org logoRevenue Update on Eagle Point Credit Company Inc(NYSE:ECC) - Trade Calls (NYSE:ECC)
www.tradecalls.org - May 26 at 2:39 PM
sg.finance.yahoo.com logoEagle Point reports 1Q loss (NYSE:ECC)
sg.finance.yahoo.com - May 19 at 9:35 AM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces First Quarter 2016 Financial Results (NYSE:ECC)
finance.yahoo.com - May 19 at 9:17 AM
finance.yahoo.com logoEagle Point Credit Company Inc. Prices Offering of Common Stock (NYSE:ECC)
finance.yahoo.com - May 13 at 9:02 AM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Offering of Common Stock (NYSE:ECC)
finance.yahoo.com - May 12 at 4:32 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Schedules Release of First Quarter 2016 Financial Results (NYSE:ECC)
finance.yahoo.com - May 6 at 9:28 AM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces First Quarter 2016 Estimate of NII between $0.60 and $0.62 Per Share of Common Stock and Plan to Publish Such Estimates Going Forward (NYSE:ECC)
finance.yahoo.com - April 8 at 4:15 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Second Quarter 2016 Preferred Distributions (NYSE:ECC)
finance.yahoo.com - April 4 at 4:46 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces First Quarter 2016 Common Distribution (NYSE:ECC)
finance.yahoo.com - March 2 at 4:56 PM
businesswire.com logoEagle Point Credit Company Inc. Announces Fourth Quarter 2015 and Year End 2015 Financial Results - Business Wire (press release) (NYSE:ECC)
www.businesswire.com - February 26 at 12:36 PM
finance.yahoo.com logoWhy Earnings Season Could Be Great for Eagle Point Credit (ECC) (NYSE:ECC)
finance.yahoo.com - February 26 at 12:36 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Fourth Quarter 2015 and Year End 2015 Financial Results (NYSE:ECC)
finance.yahoo.com - February 26 at 9:25 AM
wallstreet.org logoEagle Point Credit Company Inc (ECC) Earnings Per Share Expected to Increase - WallStreet.org (NYSE:ECC)
www.wallstreet.org - February 15 at 2:56 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Schedules Release of Fourth Quarter 2015 and Year End Financial Results (NYSE:ECC)
finance.yahoo.com - February 11 at 5:22 PM
wallstreet.org logoEagle Point Credit Downgraded to Neutral at Compass Point, Price Target Cut to $13 (NYSE:ECC) - WallStreet.org (NYSE:ECC)
www.wallstreet.org - February 9 at 2:49 PM
finance.yahoo.com logoEagle Point Credit downgraded by Compass Point (NYSE:ECC)
finance.yahoo.com - February 9 at 5:52 AM
investornewswire.com logoRatings and Sentiments Alert: Eagle Point Credit Company Inc. (NYSE:ECC) - Investor Newswire (NYSE:ECC)
www.investornewswire.com - February 4 at 2:19 PM
investornewswire.com logoEagle Point Credit Company Inc. (NYSE:ECC): Earnings Prediction Watch - Investor Newswire (NYSE:ECC)
www.investornewswire.com - January 22 at 12:46 PM
seekingalpha.com logoEagle Point Credit : Market Not Recognizing Recent NAV, -8% Downside (NYSE:ECC)
seekingalpha.com - January 19 at 7:32 PM
sg.finance.yahoo.com logoEagle Point reports 3Q loss (NYSE:ECC)
sg.finance.yahoo.com - November 17 at 9:29 AM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Third Quarter 2015 Financial Results (NYSE:ECC)
finance.yahoo.com - November 17 at 9:19 AM
finance.yahoo.com logoEagle Point Credit Company Inc. Schedules Release of Third Quarter 2015 Financial Results (NYSE:ECC)
finance.yahoo.com - November 3 at 5:59 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Company Update for September 2015 (NYSE:ECC)
finance.yahoo.com - October 14 at 6:28 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Fourth Quarter 2015 Preferred Distributions (NYSE:ECC)
finance.yahoo.com - October 1 at 6:43 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces an Interim Portfolio Update for August 2015 (NYSE:ECC)
finance.yahoo.com - September 9 at 9:06 AM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Conference Call Details on CLO Equity Tax Presentation (NYSE:ECC)
finance.yahoo.com - September 8 at 6:57 PM
finance.yahoo.com logoEagle Point Credit Company Inc. Announces Third Quarter 2015 Common Distribution (NYSE:ECC)
finance.yahoo.com - September 1 at 5:52 PM

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Eagle Point Credit (NYSE:ECC) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff