S&P 500   4,288.05
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QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
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Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
NYSE:ECC

Eagle Point Credit (ECC) Stock Forecast, Price & News

$10.15
+0.01 (+0.10%)
(As of 09/29/2023 ET)
Compare
Today's Range
$10.14
$10.20
50-Day Range
$9.98
$10.53
52-Week Range
$9.96
$11.79
Volume
338,784 shs
Average Volume
458,229 shs
Market Capitalization
$558.76 million
P/E Ratio
11.53
Dividend Yield
16.55%
Price Target
$11.00

Eagle Point Credit MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
8.4% Upside
$11.00 Price Target
Short Interest
Healthy
1.22% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.96mentions of Eagle Point Credit in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.74%
From $1.36 to $1.37 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Finance Sector

672nd out of 879 stocks

Private Households Industry

3rd out of 5 stocks


ECC stock logo

About Eagle Point Credit (NYSE:ECC) Stock

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. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.

ECC Price History

ECC Stock News Headlines

Wake Up And Smell The Cash Flow: ECC Yield 17%
Eagle Point Credit: Enjoy High Distributions For Now
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
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There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Earn 17% Betting On America: Eagle Point Credit
Earn 17% Betting On America: Eagle Point Credit
Eagle Point Credit declares $0.14 dividend
See More Headlines
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ECC Company Calendar

Last Earnings
8/15/2023
Ex-Dividend for 9/29 Dividend
9/08/2023
Dividend Payable
9/29/2023
Today
10/01/2023
Ex-Dividend for 10/31 Dividend
10/10/2023
Dividend Payable
10/31/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$11.00
High Stock Price Forecast
$12.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+8.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-101,810,000.00
Pretax Margin
59.96%

Debt

Sales & Book Value

Annual Sales
$118.43 million
Cash Flow
$1.25 per share
Book Value
$9.07 per share

Miscellaneous

Free Float
54,875,000
Market Cap
$558.76 million
Optionable
Not Optionable
Beta
0.86
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Key Executives

  • Mr. Thomas Philip Majewski CPA (Age 48)
    CEO & Interested Director
  • Mr. Kenneth Paul Onorio CPA (Age 54)
    CFO & COO
  • Mr. Kyle William McGrady
    Director of Marketing and Investor Relations
  • Mr. Nauman S. Malik (Age 42)
    Gen. Counsel & Chief Compliance Officer
  • Ms. Courtney Barrett Fandrick (Age 40)
    Sec.













ECC Stock - Frequently Asked Questions

Should I buy or sell Eagle Point Credit stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eagle Point Credit in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ECC shares.
View ECC analyst ratings
or view top-rated stocks.

What is Eagle Point Credit's stock price forecast for 2023?

2 analysts have issued twelve-month price objectives for Eagle Point Credit's stock. Their ECC share price forecasts range from $10.00 to $12.00. On average, they anticipate the company's share price to reach $11.00 in the next year. This suggests a possible upside of 8.4% from the stock's current price.
View analysts price targets for ECC
or view top-rated stocks among Wall Street analysts.

How have ECC shares performed in 2023?

Eagle Point Credit's stock was trading at $10.12 on January 1st, 2023. Since then, ECC shares have increased by 0.3% and is now trading at $10.15.
View the best growth stocks for 2023 here
.

Are investors shorting Eagle Point Credit?

Eagle Point Credit saw a decrease in short interest in September. As of September 15th, there was short interest totaling 671,500 shares, a decrease of 14.6% from the August 31st total of 786,100 shares. Based on an average daily volume of 518,700 shares, the days-to-cover ratio is presently 1.3 days.
View Eagle Point Credit's Short Interest
.

How were Eagle Point Credit's earnings last quarter?

Eagle Point Credit Company Inc. (NYSE:ECC) announced its quarterly earnings data on Tuesday, August, 15th. The investment management company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.08. The investment management company had revenue of $31.73 million for the quarter, compared to analysts' expectations of $35.40 million. Eagle Point Credit had a trailing twelve-month return on equity of 15.46% and a net margin of 35.65%. During the same quarter last year, the business posted $0.43 earnings per share.

How often does Eagle Point Credit pay dividends? What is the dividend yield for Eagle Point Credit?

Eagle Point Credit declared a monthly dividend on Tuesday, August 15th. Shareholders of record on Monday, December 11th will be paid a dividend of $0.14 per share on Friday, December 29th. This represents a $1.68 annualized dividend and a dividend yield of 16.55%. The ex-dividend date of this dividend is Friday, December 8th.
Read our dividend analysis for ECC
.

What ETFs hold Eagle Point Credit's stock?

ETFs with the largest weight of Eagle Point Credit (NYSE:ECC) stock in their portfolio include Amplify High Income ETF (YYY) and WisdomTree Alternative Income Fund (HYIN).Virtus Private Credit Strategy ETF (VPC).

Is Eagle Point Credit a good dividend stock?

Eagle Point Credit (NYSE:ECC) pays an annual dividend of $1.68 per share and currently has a dividend yield of 16.57%. ECC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 190.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ECC will have a dividend payout ratio of 122.63% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ECC.

What other stocks do shareholders of Eagle Point Credit own?
What is Eagle Point Credit's stock symbol?

Eagle Point Credit trades on the New York Stock Exchange (NYSE) under the ticker symbol "ECC."

How do I buy shares of Eagle Point Credit?

Shares of ECC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Eagle Point Credit's stock price today?

One share of ECC stock can currently be purchased for approximately $10.15.

How much money does Eagle Point Credit make?

Eagle Point Credit (NYSE:ECC) has a market capitalization of $558.76 million and generates $118.43 million in revenue each year. The investment management company earns $-101,810,000.00 in net income (profit) each year or $0.88 on an earnings per share basis.

How can I contact Eagle Point Credit?

Eagle Point Credit's mailing address is 20 HORSENECK LANE, GREENWICH CT, 06830. The official website for the company is www.eaglepointcreditcompany.com. The investment management company can be reached via phone at (203) 340-8510 or via email at ir@eaglepointcredit.com.

This page (NYSE:ECC) was last updated on 10/1/2023 by MarketBeat.com Staff

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