NYSE:ECC Eagle Point Credit - ECC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $10.99 +0.11 (+1.01%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$10.86▼$11.0450-Day Range$10.16▼$11.7052-Week Range$9.96▼$13.35Volume161,779 shsAverage Volume465,050 shsMarket Capitalization$453.45 millionP/E RatioN/ADividend Yield15.29%Price Target$13.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Eagle Point Credit MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside18.3% Upside$13.00 Price TargetShort InterestHealthy1.77% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-2.55%From $1.57 to $1.53 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.1.76 out of 5 starsFinance Sector839th out of 884 stocksPrivate Households Industry5th out of 5 stocks 2.5 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 18.3% from its current price of $10.99.Amount of Analyst CoverageEagle Point Credit has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.77% 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 1.7, 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 2.93%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipEagle Point Credit is a leading dividend payer. It pays a dividend yield of 15.44%, 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 109.80% 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 2.6 News and Social Media Coverage News SentimentEagle Point Credit has a news sentiment score of 0.76. 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 0.62 average news sentiment score 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 InterestOnly 42 people have searched for ECC on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.MarketBeat Follows16 people have added Eagle Point Credit to their MarketBeat watchlist in the last 30 days. This is an increase of 23% 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 0.41% 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 decrease by -2.55% in the coming year, from $1.57 to $1.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eagle Point Credit is -4.47, 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 -4.47, 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 HeadlinesMarch 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 RateMarch 28, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. February 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 RevenueMarch 28, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.February 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 5, 2023 | msn.comMonday Is Your Last Chance To Buy Eagle Point Credit Co Before The Dividend PayoutDecember 24, 2022 | seekingalpha.comECC Eagle Point Credit Company Inc.November 15, 2022 | finance.yahoo.comEagle Point Credit Company Inc. Announces Third Quarter 2022 Financial ResultsNovember 15, 2022 | finance.yahoo.comEagle Point (ECC) Matches Q3 Earnings EstimatesNovember 14, 2022 | markets.businessinsider.comEagle Point Credit Company Adds 5% Following Special Dividend AnnouncementNovember 14, 2022 | finance.yahoo.comEagle Point Credit Company Inc. Declares $0.50 Per Common Share Special DistributionNovember 11, 2022 | seekingalpha.comEagle Point Credit, 'Reading The Tea Leaves' In Its Monthly ReportNovember 10, 2022 | finance.yahoo.comEagle Point Credit Company Inc. Announces First Quarter 2023 Common and Preferred DistributionsNovember 1, 2022 | finance.yahoo.comEagle Point Credit Company Inc. Schedules Release of Third Quarter 2022 Financial Results on Tuesday, November 15, 2022October 17, 2022 | seekingalpha.comECC: The 2 Big Hurdles To Good ReturnsOctober 4, 2022 | seekingalpha.comEagle Point Credit: 16% Yield, 6% Discount, Monthly PayerSeptember 23, 2022 | seekingalpha.comECCW Eagle Point Credit Company Inc - 6.75% NT REDEEM 31/03/2031 USD 25September 6, 2022 | finance.yahoo.comEagle Point Institutional Income Fund Reports First Semi-Annual Financial Results for the Period Ended June 30, 2022 and Declares First Monthly DistributionAugust 17, 2022 | uk.investing.comEagle Point Credit Tops Q2 EPS by 3cAugust 16, 2022 | msn.comEagle Point Credit: Q2 Earnings InsightsAugust 16, 2022 | seekingalpha.comEagle Point Credit Company Inc. (ECC) CEO Tom Majewski on Q2 2022 Results - Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings2/22/2023Ex-Dividend for 3/31 Dividend3/10/2023Today3/27/2023Dividend Payable3/31/2023Ex-Dividend for 4/28 Dividend4/06/2023Dividend Payable4/28/2023Next Earnings (Estimated)5/22/2023Fiscal 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+18.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($2.46) Trailing P/E RatioN/A Forward P/E Ratio7.00 P/E GrowthN/ANet Income$-103,640,000.00 Net Margins-87.50% 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 / Sales3.83 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares41,260,000Free Float41,095,000Market Cap$453.45 million OptionableNot Optionable Beta0.86 Key ExecutivesTom MajewskiChief Executive Officer & DirectorKenneth P. OnorioChief Operating & Financial OfficerNauman S. MalikChief Compliance OfficerCourtney B. FandrickSecretaryKey CompetitorsPrinceton BancorpNASDAQ:BPRNThe Taiwan FundNYSE:TWNCarlyle Secured LendingNASDAQ:CGBDFirst FinancialNASDAQ:THFFMBIANYSE:MBIView All CompetitorsInsiders & InstitutionsRockefeller Capital Management L.P.Bought 1,093 shares on 3/6/2023Ownership: 0.094%Enstar Group LTDBought 4,239 shares on 2/15/2023Ownership: 0.817%Morgan StanleyBought 59,027 shares on 2/15/2023Ownership: 0.568%Money Concepts Capital CorpBought 4,954 shares on 2/15/2023Ownership: 0.012%Matrix Private Capital Group LLCSold 2,000 shares on 2/14/2023Ownership: 0.161%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 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 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 predict the company's share price to reach $13.00 in the next year. This suggests a possible upside of 18.3% 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 8.6% and is now trading at $10.99. View the best growth stocks for 2023 here. Are investors shorting Eagle Point Credit? Eagle Point Credit saw a increase in short interest in February. As of February 28th, there was short interest totaling 750,800 shares, an increase of 8.2% from the February 13th total of 694,000 shares. Based on an average trading volume of 430,400 shares, the days-to-cover ratio is presently 1.7 days. View Eagle Point Credit's Short Interest. When is Eagle Point Credit's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 22nd 2023. View our ECC earnings forecast. How were Eagle Point Credit's earnings last quarter? Eagle Point Credit Company Inc. (NYSE:ECC) released its quarterly earnings results on Wednesday, February, 22nd. The investment management company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.42 by $0.13. The investment management company had revenue of $32.52 million for the quarter, compared to analysts' expectations of $30.90 million. How often does Eagle Point Credit pay dividends? What is the dividend yield for Eagle Point Credit? Eagle Point Credit announced a quarterly dividend on Monday, February 27th. Investors of record on Monday, June 12th will be given a dividend of $0.14 per share on Friday, June 30th. This represents a $0.56 dividend on an annualized basis and a yield of 5.10%. The ex-dividend date is Friday, June 9th. 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).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 15.44%. 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 a variety of institutional and retail investors. Top institutional investors include Enstar Group LTD (0.82%), Bard Associates Inc. (0.66%), Morgan Stanley (0.57%), Commonwealth Equity Services LLC (0.26%), Wedbush Securities Inc. (0.22%) and BI Asset Management Fondsmaeglerselskab A S (0.17%). Insiders that own company stock include Kenneth P Onorio, Kevin F Mcdonald, Nauman S Malik, Oa Eagle Group Investors, Llc, Paul E Tramontano, Scott W Appleby 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 $10.99. How much money does Eagle Point Credit make? Eagle Point Credit (NYSE:ECC) has a market capitalization of $453.45 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 ($2.46) 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 3/28/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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