NYSE:ECC Eagle Point Credit (ECC) Stock Forecast, Price & News $10.15 +0.01 (+0.10%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$10.14▼$10.2050-Day Range$9.98▼$10.5352-Week Range$9.96▼$11.79Volume338,784 shsAverage Volume458,229 shsMarket Capitalization$558.76 millionP/E Ratio11.53Dividend Yield16.55%Price Target$11.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Eagle Point Credit MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside8.4% Upside$11.00 Price TargetShort InterestHealthy1.22% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.96Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth0.74%From $1.36 to $1.37 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector672nd out of 879 stocksPrivate Households Industry3rd out of 5 stocks 1.3 Analyst's Opinion Consensus RatingEagle Point Credit has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.00, Eagle Point Credit has a forecasted upside of 8.4% from its current price of $10.15.Amount of Analyst CoverageEagle Point Credit has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.22% of the outstanding shares of Eagle Point Credit have been sold short.Short Interest Ratio / Days to CoverEagle Point Credit has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eagle Point Credit has recently decreased by 14.58%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEagle Point Credit is a leading dividend payer. It pays a dividend yield of 16.55%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEagle Point Credit has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Eagle Point Credit is 190.91%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Eagle Point Credit will have a dividend payout ratio of 122.63% in the coming year. This indicates that Eagle Point Credit may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ECC. Previous Next 3.9 News and Social Media Coverage News SentimentEagle Point Credit has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Eagle Point Credit this week, compared to 1 article on an average week.Search Interest15 people have searched for ECC on MarketBeat in the last 30 days. This is an increase of 7% compared to the previous 30 days.MarketBeat Follows18 people have added Eagle Point Credit to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eagle Point Credit insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.31% of the stock of Eagle Point Credit is held by insiders.Percentage Held by InstitutionsOnly 26.44% of the stock of Eagle Point Credit is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Eagle Point Credit are expected to grow by 0.74% in the coming year, from $1.36 to $1.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eagle Point Credit is 11.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Eagle Point Credit is 11.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 64.51.Price to Book Value per Share RatioEagle Point Credit has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Eagle Point Credit (NYSE:ECC) StockEagle 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.Read More ECC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ECC Stock News HeadlinesSeptember 28, 2023 | seekingalpha.comWake Up And Smell The Cash Flow: ECC Yield 17%September 21, 2023 | seekingalpha.comEagle Point Credit: Enjoy High Distributions For NowOctober 1, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere'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.September 18, 2023 | seekingalpha.comEagle Point Credit: Appealing NAV Price And Solid PerformanceSeptember 12, 2023 | nasdaq.comB. Riley Securities Reiterates Eagle Point Credit (ECC) Buy RecommendationAugust 17, 2023 | seekingalpha.comEagle Point Credit: Strong Cash Flow Supports The DividendAugust 17, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Progressive (PGR), Eagle Point Credit Company (ECC) and Stoneco (STNE)August 16, 2023 | msn.comEagle Point Credit declares regular dividend of $0.14, $0.02 supplemental dividendOctober 1, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere'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.August 15, 2023 | msn.comEagle Point Credit: Analyzing Q2 2023 Earnings ResultsAugust 9, 2023 | finance.yahoo.comEagle Point Credit Company Inc. Announces Fourth Quarter 2023 Regular and Supplemental Common Distributions and Preferred DistributionsAugust 3, 2023 | finance.yahoo.comEagle Point Credit Company Inc. Schedules Release of Second Quarter 2023 Financial Results on Tuesday, August 15, 2023July 4, 2023 | seekingalpha.comEarn 17% Betting On America: Eagle Point CreditJuly 4, 2023 | seekingalpha.comEarn 17% Betting On America: Eagle Point CreditJune 6, 2023 | msn.comB. Riley Securities Maintains Eagle Point Credit (ECC) Buy RecommendationJune 5, 2023 | msn.comEagle Point Credit: 19% Yield, Monthly Payer, And AlternativesJune 5, 2023 | seekingalpha.comEagle Point Credit: 19% Yield, Monthly Payer, And AlternativesMay 24, 2023 | markets.businessinsider.comKeefe, Bruyette & Woods Maintains Market Perform Rating for Eagle Point Credit Co: Here's What You Need To KnowMay 24, 2023 | msn.comKeefe, Bruyette & Woods Maintains Eagle Point Credit (ECC) Market Perform RecommendationMay 23, 2023 | finance.yahoo.comEagle Point Credit Company Inc. Announces First Quarter 2023 Financial ResultsMay 23, 2023 | finance.yahoo.comEagle Point (ECC) Q1 Earnings and Revenues Lag EstimatesMay 23, 2023 | seekingalpha.comEagle Point Credit Co LLC 2023 Q1 - Results - Earnings Call PresentationMay 22, 2023 | msn.comEagle Point Credit FQ1 2023 Earnings PreviewMay 18, 2023 | seekingalpha.comEagle Point Credit declares $0.14 dividendMay 9, 2023 | finance.yahoo.comEagle Point Credit Company Inc. Schedules Release of First Quarter 2023 Financial Results on Tuesday, May 23, 2023April 13, 2023 | seekingalpha.com'Canary In The Coal Mine' For Banking Crisis In ECC Earnings Call? Well, MaybeMarch 21, 2023 | wsj.comEagle Point Credit Co. Inc. 5.375% Notes due 2029See More Headlines Receive ECC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eagle Point Credit and its competitors with MarketBeat's FREE daily newsletter. Email Address ECC Company Calendar Last Earnings8/15/2023Ex-Dividend for 9/29 Dividend9/08/2023Dividend Payable9/29/2023Today10/01/2023Ex-Dividend for 10/31 Dividend10/10/2023Dividend Payable10/31/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Private households Sub-IndustryN/A SectorFinance Current SymbolNYSE:ECC CUSIPN/A CIK1604174 Webwww.eaglepointcreditcompany.com Phone(203) 340-8510FaxN/AEmployeesN/AYear FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.88 Trailing P/E Ratio11.53 Forward P/E Ratio7.46 P/E GrowthN/ANet Income$-101,810,000.00 Net Margins35.65% Pretax Margin59.96% Return on Equity15.46% Return on Assets10.16% Debt Debt-to-Equity Ratio0.30 Current Ratio2.37 Quick Ratio2.37 Sales & Book Value Annual Sales$118.43 million Price / Sales4.72 Cash Flow$1.25 per share Price / Cash Flow8.11 Book Value$9.07 per share Price / Book1.12Miscellaneous Outstanding Shares55,050,000Free Float54,875,000Market Cap$558.76 million OptionableNot Optionable Beta0.86 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Thomas Philip Majewski CPA (Age 48)CEO & Interested Director Mr. Kenneth Paul Onorio CPA (Age 54)CFO & COO Mr. Kyle William McGradyDirector of Marketing and Investor RelationsMr. Nauman S. Malik (Age 42)Gen. Counsel & Chief Compliance Officer Ms. Courtney Barrett Fandrick (Age 40)Sec. Key CompetitorsCarlyle Secured LendingNASDAQ:CGBDPrinceton BancorpNASDAQ:BPRNloanDepotNYSE:LDIBlackRock MuniHoldings New Jersey Quality FundNYSE:MUJFirst Community BanksharesNASDAQ:FCBCView All CompetitorsInsiders & InstitutionsOsaic Holdings Inc.Sold 16,815 shares on 8/21/2023Ownership: 0.054%Royal Bank of CanadaBought 3,085 shares on 8/15/2023Ownership: 0.355%Rockefeller Capital Management L.P.Bought 14,083 shares on 8/15/2023Ownership: 0.108%Centaurus Financial Inc.Sold 1,500 shares on 8/15/2023Ownership: 0.042%Quadrature Capital LtdBought 19,991 shares on 8/15/2023Ownership: 0.036%View All Insider TransactionsView All Institutional Transactions 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Eagle Point Credit investors own include Oxford Lane Capital (OXLC), Energy Transfer (ET), Annaly Capital Management (NLY), NGL Energy Partners (NGL), New Residential Investment (NRZ), AT&T (T), AGNC Investment (AGNC), Cornerstone Strategic Value Fund (CLM), Cornerstone Total Return Fund (CRF) and Alliance Resource Partners (ARLP). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Eagle Point Credit Company Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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