Positive News SentimentPositive NewsNYSE:ECC Eagle Point Credit (ECC) Stock Forecast, Price & News $10.15 +0.03 (+0.30%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$10.15▼$10.2050-Day Range$10.12▼$11.6852-Week Range$9.96▼$13.17Volume467,996 shsAverage Volume388,578 shsMarket Capitalization$558.76 millionP/E RatioN/ADividend Yield16.55%Price Target$13.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Eagle Point Credit MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside28.1% Upside$13.00 Price TargetShort InterestHealthy2.43% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$62,400 Bought Last QuarterProj. Earnings GrowthN/ASee 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.2.09 out of 5 starsFinance Sector1365th out of 1,786 stocksPrivate Households Industry7th out of 10 stocks 3.5 Analyst's Opinion Consensus RatingEagle Point Credit has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.00, Eagle Point Credit has a forecasted upside of 28.1% from its current price of $10.15.Amount of Analyst CoverageEagle Point Credit has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.43% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eagle Point Credit has recently increased by 12.61%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEagle Point Credit is a leading dividend payer. It pays a dividend yield of 16.39%, 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 SustainabilityBased on EPS estimates, Eagle Point Credit will have a dividend payout ratio of 114.29% 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 1.9 News and Social Media Coverage News SentimentEagle Point Credit has a news sentiment score of 0.50. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Eagle Point Credit this week, compared to 1 article on an average week.Search Interest19 people have searched for ECC on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added Eagle Point Credit to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eagle Point Credit insiders have bought more of their company's stock than they have sold. Specifically, they have bought $62,400.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.31% of the stock of Eagle Point Credit is held by insiders.Percentage Held by InstitutionsOnly 18.95% of the stock of Eagle Point Credit is held by institutions. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Eagle Point Credit are expected to remain at $1.47 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eagle Point Credit is -6.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Eagle Point Credit is -6.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Eagle Point Credit (NYSE:ECC) StockEagle Point Credit Co., Inc. is a closed-end investment company. Its investment objective is to generate high current income, and generate capital appreciation by investing primarily in equity and junior debt tranches of CLOs. The company was founded on March 24, 2014 and is headquartered in Greenwich, CT.Read More 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 Stock News HeadlinesJune 2, 2023 | americanbankingnews.comEagle Point Credit Company Inc. (NYSE:ECC) CEO Thomas P. Majewski Acquires 3,000 SharesMay 24, 2023 | markets.businessinsider.comKeefe, Bruyette & Woods Maintains Market Perform Rating for Eagle Point Credit Co: Here's What You Need To KnowJune 2, 2023 | Edge On The Street (Ad)Is Graphite the New Lithium?Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.May 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 PreviewJune 2, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. May 22, 2023 | americanbankingnews.comEagle Point Credit (ECC) to Release Earnings on TuesdayMay 19, 2023 | americanbankingnews.comEagle Point Credit Company Inc. (ECC) To Go Ex-Dividend on September 8thMay 18, 2023 | seekingalpha.comEagle Point Credit declares $0.14 dividendMay 17, 2023 | americanbankingnews.comEagle Point Credit Company Inc. (ECC) to Issue Quarterly Dividend of $0.14 on July 31stMay 9, 2023 | finance.yahoo.comEagle Point Credit Company Inc. Schedules Release of First Quarter 2023 Financial Results on Tuesday, May 23, 2023May 8, 2023 | americanbankingnews.comEagle Point Credit Company Inc. (ECC) to Issue Supplemental Dividend of $0.02 on May 31stApril 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 2029March 6, 2023 | finance.yahoo.comEagle Point Institutional Income Fund Reports Year-End 2022 Financial Results and Declares Monthly Distribution With 8.5% Annualized Distribution RateFebruary 23, 2023 | msn.comEagle Point Credit Q4 2022 Earnings PreviewFebruary 22, 2023 | finance.yahoo.comEagle Point (ECC) Lags Q4 Earnings EstimatesFebruary 22, 2023 | seekingalpha.comEagle Point Credit Q4 net investment income, NAV declineFebruary 22, 2023 | finance.yahoo.comEagle Point Credit Company Inc. Announces Fourth Quarter and Year-End 2022 Financial Results and Declares Second Quarter 2023 Regular and Supplemental Common Distributions and Preferred DistributionsFebruary 21, 2023 | benzinga.comEagle Point Credit Co Stock (NYSE:ECC), Earnings Estimates, EPS, and RevenueFebruary 19, 2023 | seekingalpha.comEagle Point Credit: 15% Yield, Monthly Payer, And AlternativesFebruary 8, 2023 | finance.yahoo.comEagle Point Credit Company Inc. Schedules Release of Fourth Quarter 2022 and Year-end 2022 Financial Results on Wednesday, February 22, 2023January 13, 2023 | yahoo.comEagle Eye on Education: Community partnerships truly connect usJanuary 5, 2023 | msn.comMonday Is Your Last Chance To Buy Eagle Point Credit Co Before The Dividend PayoutSee More Headlines ECC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ECC Company Calendar Last Earnings11/16/2021Ex-Dividend for 5/31 Dividend5/10/2023Dividend Payable5/31/2023Today6/01/2023Ex-Dividend for 6/30 Dividend6/09/2023Dividend Payable6/30/2023Fiscal 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$13.00 High Stock Price Forecast$13.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+28.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.58) Trailing P/E RatioN/A Forward P/E Ratio6.90 P/E GrowthN/ANet Income$-103,640,000.00 Net Margins-50.47% Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$118.43 million Price / Sales4.72 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares55,050,000Free Float54,875,000Market Cap$558.76 million OptionableNot Optionable Beta0.86 Key ExecutivesTom MajewskiChief Executive Officer & DirectorKenneth P. OnorioChief Operating & Financial OfficerNauman S. MalikChief Compliance OfficerCourtney B. FandrickSecretaryKey CompetitorsCarlyle Secured LendingNASDAQ:CGBDThe Taiwan FundNYSE:TWNPrinceton BancorpNASDAQ:BPRNGladstone LandNASDAQ:LANDGlobal Medical REITNYSE:GMREView All CompetitorsInsiders & InstitutionsThomas P MajewskiBought 3,000 shares on 5/30/2023Total: $62,400.00 ($20.80/share)Centaurus Financial Inc.Bought 1,500 shares on 5/18/2023Ownership: 0.045%Rockefeller Capital Management L.P.Bought 6,646 shares on 5/17/2023Ownership: 0.083%Freestone Capital Holdings LLCBought 8,235 shares on 5/15/2023Ownership: 0.127%Matrix Private Capital Group LLCSold 8,000 shares on 5/15/2023Ownership: 0.106%View All Insider TransactionsView All Institutional Transactions ECC Stock - Frequently Asked Questions Should I buy or sell Eagle Point Credit stock right now? 1 Wall Street 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 research analysts is that investors should "buy" ECC shares. View ECC analyst ratings or view top-rated stocks. What is Eagle Point Credit's stock price forecast for 2023? 1 Wall Street analysts have issued 12 month target prices for Eagle Point Credit's shares. Their ECC share price forecasts range from $13.00 to $13.00. On average, they anticipate the company's share price to reach $13.00 in the next year. This suggests a possible upside of 28.1% 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 stock has 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 increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,340,000 shares, an increase of 12.6% from the April 30th total of 1,190,000 shares. Based on an average daily trading volume, of 353,800 shares, the short-interest ratio is presently 3.8 days. View Eagle Point Credit's Short Interest. How were Eagle Point Credit's earnings last quarter? Eagle Point Credit Company Inc. (NYSE:ECC) issued its quarterly earnings data on Tuesday, November, 16th. The investment management company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.05. The investment management company earned $24.30 million during the quarter, compared to analyst estimates of $22.25 million. During the same quarter last year, the firm posted $0.23 earnings per share. How often does Eagle Point Credit pay dividends? What is the dividend yield for Eagle Point Credit? Eagle Point Credit announced a monthly dividend on Wednesday, May 17th. Shareholders of record on Monday, September 11th will be paid a dividend of $0.14 per share on Friday, September 29th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 16.55%. The ex-dividend date of this dividend is Friday, September 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 Virtus Private Credit Strategy ETF (VPC) and WisdomTree Alternative Income Fund (HYIN).Pacer Pacific Asset Floating Rate High Income ETF (FLRT). 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 16.39%. ECC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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." Who are Eagle Point Credit's major shareholders? Eagle Point Credit's stock is owned by many different institutional and retail investors. Top institutional shareholders include Oxinas Partners Wealth Management LLC (0.34%), Commonwealth Equity Services LLC (0.20%), Wedbush Securities Inc. (0.17%), BI Asset Management Fondsmaeglerselskab A S (0.15%), Freestone Capital Holdings LLC (0.13%) and Matrix Private Capital Group LLC (0.11%). Insiders that own company stock include Kenneth P Onorio, Oa Eagle Group Investors, Llc and Thomas P Majewski. View institutional ownership trends. 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 $-103,640,000.00 in net income (profit) each year or ($1.58) 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 6/2/2023 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. 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