Eagle Point Credit - ECC 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" ECC shares.
View ECC analyst ratings or view top-rated stocks.

1 brokers have issued 12 month price targets for Eagle Point Credit's stock. Their ECC share price forecasts range from $13.00 to $13.00. On average, they predict the company's stock 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.

Eagle Point Credit's stock was trading at $10.12 on January 1st, 2023. Since then, ECC stock has increased by 8.6% and is now trading at $10.99.
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Eagle Point Credit saw a decrease in short interest in December. As of December 15th, there was short interest totaling 695,700 shares, a decrease of 7.2% from the November 30th total of 749,300 shares. Based on an average daily trading volume, of 427,200 shares, the short-interest ratio is currently 1.6 days.
View Eagle Point Credit's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our ECC earnings forecast.

Eagle Point Credit Company Inc. (NYSE:ECC) posted its quarterly earnings data on Tuesday, November, 15th. The investment management company reported $0.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.41. The investment management company had revenue of $30.19 million for the quarter, compared to analyst estimates of $28.70 million.

Eagle Point Credit announced a dividend on Thursday, November 10th. Shareholders of record on Wednesday, February 8th will be paid a dividend of $0.14 per share on Tuesday, February 28th. The ex-dividend date is Tuesday, February 7th.
Read our dividend analysis for ECC.

Eagle Point Credit (NYSE:ECC) pays an annual dividend of $1.64 per share and currently has a dividend yield of 15.19%. 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.

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."

Eagle Point Credit's stock is owned by a number of institutional and retail investors. Top institutional investors include Wedbush Securities Inc. (0.22%), Private Advisor Group LLC (0.12%), Kestra Private Wealth Services LLC (0.11%), Sage Capital Advisors llc (0.10%), All Season Financial Advisors Inc. (0.08%) and Parisi Gray Wealth Management (0.05%). Insiders that own company stock include Daniel M Spinner, Kenneth P Onorio, Kevin F Mcdonald, Nauman S Malik, Oa Eagle Group Investors, Llc, Paul E Tramontano, Scott W Appleby and Thomas P Majewski.
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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.
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One share of ECC stock can currently be purchased for approximately $10.99.

Eagle Point Credit (NYSE:ECC) has a market capitalization of $453.45 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 ($2.38) on an earnings per share basis.

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.