Eagle Point Credit Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eagle Point Credit in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Eagle Point Credit stock.
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Eagle Point Credit's stock was trading at $14.00 at the beginning of 2022. Since then, ECC shares have decreased by 15.6% and is now trading at $11.82.
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Eagle Point Credit is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
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Eagle Point Credit Company Inc. (NYSE:ECC) announced its earnings results on Tuesday, May, 24th. The investment management company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.07. The investment management company had revenue of $26.81 million for the quarter, compared to the consensus estimate of $25.70 million.
View Eagle Point Credit's earnings history.

Eagle Point Credit declared a monthly dividend on Monday, May 23rd. Investors of record on Monday, September 12th will be given a dividend of $0.14 per share on Friday, September 30th. This represents a $1.68 dividend on an annualized basis and a yield of 14.21%. The ex-dividend date of this dividend is Friday, September 9th.
View Eagle Point Credit's dividend history.

Eagle Point Credit(NYSE:ECC) pays an annual dividend of $1.44 per share and currently has a dividend yield of 12.37%. ECC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Eagle Point Credit 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 of Eagle Point Credit is 62.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Eagle Point Credit will have a dividend payout ratio of 94.74% in the coming year. This indicates that Eagle Point Credit may not be able to sustain their current dividend.
View Eagle Point Credit's dividend history.

Some companies that are related to Eagle Point Credit include Loomis AB (publ) (LOIMF), Nihon Kohden (NHNKY), Huabao International (HUIHY), Pigeon (PGENY), Domino's Pizza Group (DPUKY), Indra Sistemas (ISMAY), BR Malls Participações (BRMSY), Konica Minolta (KNCAY), DeNA (DNACF), Japan Steel Works (JPSWY), Atos (AEXAY), Salzgitter (SZGPY), Jungheinrich Aktiengesellschaft (JGHAF), SSP Group (SSPPF) and Aurora Cannabis (ACBFF).
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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).

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

Shares of ECC 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.
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One share of ECC stock can currently be purchased for approximately $11.82.

Eagle Point Credit (NYSE:ECC) has a market capitalization of $487.74 million and generates $88.51 million in revenue each year. The investment management company earns $131.71 million in net income (profit) each year or $2.32 on an earnings per share basis.

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