Log in
NYSE:ECC

Eagle Point Credit Stock Forecast, Price & News

$9.35
+0.12 (+1.30 %)
(As of 12/2/2020 12:00 AM ET)
Add
Compare
Today's Range
$9.19
Now: $9.35
$9.39
50-Day Range
$7.48
MA: $8.56
$9.23
52-Week Range
$3.78
Now: $9.35
$15.95
Volume207,669 shs
Average Volume265,725 shs
Market Capitalization$221.10 million
P/E RatioN/A
Dividend Yield13.87%
Beta1.16
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.
Eagle Point Credit logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.25 out of 5 stars


Industry, Sector and Symbol

Industry Private households
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone203-862-3150
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$66.44 million

Profitability

Net Income$-8,690,000.00

Miscellaneous

Market Cap$221.10 million
Next Earnings DateN/A
OptionableNot Optionable
$9.35
+0.12 (+1.30 %)
(As of 12/2/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive ECC News and Ratings via Email

Sign-up to receive the latest news and ratings for ECC and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Eagle Point Credit (NYSE:ECC) Frequently Asked Questions

How has Eagle Point Credit's stock been impacted by COVID-19?

Eagle Point Credit's stock was trading at $11.26 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ECC shares have decreased by 17.0% and is now trading at $9.35.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Eagle Point Credit?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eagle Point Credit in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Eagle Point Credit
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Eagle Point Credit?

Wall Street analysts have given Eagle Point Credit a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Eagle Point Credit wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How were Eagle Point Credit's earnings last quarter?

Eagle Point Credit Company Inc. (NYSE:ECC) posted its quarterly earnings data on Monday, November, 16th. The investment management company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.26 by $0.03.
View Eagle Point Credit's earnings history
.

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 Thursday, November 19th. Investors of record on Friday, March 12th will be given a dividend of $0.08 per share on Wednesday, March 31st. This represents a $0.96 annualized dividend and a dividend yield of 10.27%. The ex-dividend date is Thursday, March 11th.
View Eagle Point Credit's dividend history
.

What price target have analysts set for ECC?

3 Wall Street analysts have issued 1 year price targets for Eagle Point Credit's stock. Their forecasts range from $10.00 to $10.00. On average, they expect Eagle Point Credit's share price to reach $10.00 in the next year. This suggests a possible upside of 7.0% from the stock's current price.
View analysts' price targets for Eagle Point Credit
.

Are investors shorting Eagle Point Credit?

Eagle Point Credit saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 139,500 shares, a drop of 29.9% from the October 31st total of 198,900 shares. Based on an average daily trading volume, of 137,800 shares, the days-to-cover ratio is currently 1.0 days.
View Eagle Point Credit's Short Interest
.

Who are some of Eagle Point Credit's key competitors?

What other stocks do shareholders of Eagle Point Credit own?

Who are Eagle Point Credit's key executives?

Eagle Point Credit's management team includes the following people:
  • Mr. Thomas Philip Majewski CPA, CEO & Interested Director (Age 45)
  • Mr. Kenneth Paul Onorio CPA, CFO & COO (Age 51)
  • Mr. Kyle William McGrady, Director of Marketing and Investor Relations
  • Mr. Nauman S. Malik, Gen. Counsel & Chief Compliance Officer (Age 39)
  • Ms. Courtney Barrett Fandrick, Sec. (Age 37)

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 investors include Freestone Capital Holdings LLC (4.15%), Virtus ETF Advisers LLC (0.52%), Commonwealth Equity Services LLC (0.38%), Wedbush Securities Inc. (0.33%), Morgan Stanley (0.27%) and Kestra Private Wealth Services LLC (0.10%). Company insiders that own Eagle Point Credit stock include Daniel M Spinner, Kenneth P Onorio, Kevin F Mcdonald, Nauman S Malik, Paul E Tramontano, Scott W Appleby and Thomas P Majewski.
View institutional ownership trends for Eagle Point Credit
.

Which major investors are selling Eagle Point Credit stock?

ECC stock was sold by a variety of institutional investors in the last quarter, including Commonwealth Equity Services LLC, Kovack Advisors Inc., and Wedbush Securities Inc..
View insider buying and selling activity for Eagle Point Credit
.

Which major investors are buying Eagle Point Credit stock?

ECC stock was purchased by a variety of institutional investors in the last quarter, including Virtus ETF Advisers LLC, Morgan Stanley, Kestra Private Wealth Services LLC, Avantax Advisory Services Inc., Essex Financial Services Inc., and Freestone Capital Holdings LLC. Company insiders that have bought Eagle Point Credit stock in the last two years include Daniel M Spinner, Kenneth P Onorio, Kevin F Mcdonald, Nauman S Malik, Paul E Tramontano, Scott W Appleby, and Thomas P Majewski.
View insider buying and selling activity for Eagle Point Credit
.

How do I buy shares of Eagle Point Credit?

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

What is Eagle Point Credit's stock price today?

One share of ECC stock can currently be purchased for approximately $9.35.

How big of a company is Eagle Point Credit?

Eagle Point Credit has a market capitalization of $221.10 million and generates $66.44 million in revenue each year. The investment management company earns $-8,690,000.00 in net income (profit) each year or $1.34 on an earnings per share basis.

What is Eagle Point Credit's official website?

The official website for Eagle Point Credit is www.eaglepointcreditcompany.com.

How can I contact Eagle Point Credit?

Eagle Point Credit's mailing address is 20 HORSENECK LANE, GREENWICH CT, 06830. The investment management company can be reached via phone at 203-862-3150 or via email at [email protected]

This page was last updated on 12/3/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.