S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NYSE:ECC

Eagle Point Credit Stock Forecast, Price & News

$13.85
-0.20 (-1.42%)
(As of 01/21/2022 04:00 PM ET)
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Today's Range
$13.80
$14.04
50-Day Range
$13.85
$15.49
52-Week Range
$10.57
$15.54
Volume
513,867 shs
Average Volume
373,055 shs
Market Capitalization
$448.12 million
P/E Ratio
2.09
Dividend Yield
8.40%
Beta
1.11
30 days | 90 days | 365 days | Advanced Chart
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Eagle Point Credit logo

About Eagle Point Credit

Eagle 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.

Headlines

Eagle Point Credit Company Inc. (NYSE:ECC) Short Interest Update
January 20, 2022 |  americanbankingnews.com
Eagle Point Credit launches notes offering
January 12, 2022 |  seekingalpha.com
Eagle Point Credit Company Inc.(ECC)
December 30, 2021 |  fool.com
Eagle Point Credit Co. Inc. Pfd. Series D
December 21, 2021 |  barrons.com
Eagle Point (ECC) Q3 Earnings and Revenues Beat Estimates
November 16, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
N/A
Year Founded
N/A

Sales & Book Value

Annual Sales
$63.55 million

Profitability

Net Income
$60.89 million
Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
32,222,000
Market Cap
$448.12 million
Optionable
Not Optionable

Company Calendar

Last Earnings
11/16/2021
Ex-Dividend for 1/24 Dividend
12/22/2021
Today
1/23/2022
Dividend Payable
1/24/2022
Ex-Dividend for 2/28 Dividend
2/07/2022
Next Earnings (Estimated)
2/21/2022
Dividend Payable
2/28/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.52 out of 5 stars

Finance Sector

298th out of 1,355 stocks

Private Households Industry

1st out of 7 stocks

Analyst Opinion: 1.5Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 3.1 5 -4 -3 -2 -1 -












Eagle Point Credit (NYSE:ECC) Frequently Asked Questions

Is Eagle Point Credit a buy 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" Eagle Point Credit stock.
View analyst ratings for Eagle Point Credit
or view top-rated stocks.

How has Eagle Point Credit's stock price been impacted by COVID-19 (Coronavirus)?

Eagle Point Credit's stock was trading at $11.26 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ECC stock has increased by 23.0% and is now trading at $13.85.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Eagle Point Credit?

Eagle Point Credit saw a decline in short interest during the month of December. As of December 31st, there was short interest totaling 99,800 shares, a decline of 19.6% from the December 15th total of 124,100 shares. Based on an average daily volume of 254,800 shares, the short-interest ratio is presently 0.4 days.
View Eagle Point Credit's Short Interest
.

When is Eagle Point Credit's next earnings date?

Eagle Point Credit is scheduled to release its next quarterly earnings announcement on Monday, February 21st 2022.
View our earnings forecast for Eagle Point Credit
.

How were Eagle Point Credit's earnings last quarter?

Eagle Point Credit Company Inc. (NYSE:ECC) announced its quarterly earnings data on Tuesday, November, 16th. The investment management company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates 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 period in the prior year, the company earned $0.23 EPS.
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 announced a -- dividend on Wednesday, November 17th. Shareholders of record on Thursday, December 23rd will be paid a dividend of $0.50 per share on Monday, January 24th. This represents a yield of 9.5%. The ex-dividend date is Wednesday, December 22nd. This is a boost from Eagle Point Credit's previous -- dividend of $0.08.
View Eagle Point Credit's dividend history
.

Is Eagle Point Credit a good dividend stock?

Eagle Point Credit pays an annual dividend of $1.18 per share and currently has a dividend yield of 8.40%. 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 17.80%. 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 76.13% 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.

What price target have analysts set for ECC?

1 brokers have issued 12-month price objectives for Eagle Point Credit's stock. Their forecasts range from $15.00 to $15.00. On average, they anticipate Eagle Point Credit's stock price to reach $15.00 in the next year. This suggests a possible upside of 8.3% from the stock's current price.
View analysts' price targets for Eagle Point Credit
or view top-rated stocks among Wall Street analysts.

Who are Eagle Point Credit's key executives?

Eagle Point Credit's management team includes the following people:
  • Tom Majewski, Chief Executive Officer & Director
  • Kenneth P. Onorio, Chief Operating & Financial Officer
  • Nauman S. Malik, Chief Compliance Officer
  • Courtney B. Fandrick, Secretary

What other stocks do shareholders of Eagle Point Credit own?

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 number of institutional and retail investors. Top institutional investors include Ahrens Investment Partners LLC (0.37%), Pendal Group Ltd (0.11%), Kestra Private Wealth Services LLC (0.09%), Spire Wealth Management (0.08%), Sage Capital Advisors llc (0.08%) and Sugarloaf Wealth Management LLC (0.03%). Company insiders that own Eagle Point Credit 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.
View institutional ownership trends for Eagle Point Credit
.

Which institutional investors are selling Eagle Point Credit stock?

ECC stock was sold by a variety of institutional investors in the last quarter, including Spire Wealth Management, and Pendal Group Ltd.
View insider buying and selling activity for Eagle Point Credit
or view top insider-selling stocks.

Which institutional investors are buying Eagle Point Credit stock?

ECC stock was acquired by a variety of institutional investors in the last quarter, including Ahrens Investment Partners LLC, Sugarloaf Wealth Management LLC, Sage Capital Advisors llc, and Kestra Private Wealth Services 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
or or view top insider-buying stocks.

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 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 $13.85.

How much money does Eagle Point Credit make?

Eagle Point Credit has a market capitalization of $448.12 million and generates $63.55 million in revenue each year. The investment management company earns $60.89 million in net income (profit) each year or $6.63 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.

Where are Eagle Point Credit's headquarters?

Eagle Point Credit is headquartered at 20 HORSENECK LANE, GREENWICH CT, 06830.

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) 340-8510 or via email at [email protected].


This page was last updated on 1/23/2022 by MarketBeat.com Staff

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