NYSE:ECCEAGLE POINT CR/COM Stock Price, Forecast & News

EAGLE POINT CR/COM'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 stock has decreased by 28.9% and is now trading at $8.01.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EAGLE POINT CR/COM 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 CR/COM.

EAGLE POINT CR/COM (NYSE:ECC) issued its earnings results on Thursday, May, 21st. The investment management company reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.04. The investment management company earned $17.66 million during the quarter, compared to analyst estimates of $15.50 million.
View EAGLE POINT CR/COM's earnings history.

EAGLE POINT CR/COM announced a monthly dividend on Thursday, August 13th. Shareholders of record on Friday, December 11th will be given a dividend of $0.08 per share on Thursday, December 31st. This represents a $0.96 dividend on an annualized basis and a yield of 11.99%. The ex-dividend date of this dividend is Thursday, December 10th.
View EAGLE POINT CR/COM's dividend history.

3 brokers have issued 12 month target prices for EAGLE POINT CR/COM's stock. Their forecasts range from $8.00 to $16.00. On average, they anticipate EAGLE POINT CR/COM's stock price to reach $12.00 in the next year. This suggests a possible upside of 49.8% from the stock's current price.
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Media headlines about ECC stock have been trending positive on Friday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. EAGLE POINT CR/COM earned a news impact score of 2.7 on InfoTrie's scale. They also gave news articles about the investment management company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.
View the latest news about EAGLE POINT CR/COM.

EAGLE POINT CR/COM saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 854,600 shares, a drop of 19.4% from the May 31st total of 1,060,000 shares. Based on an average daily trading volume, of 413,300 shares, the days-to-cover ratio is currently 2.1 days.
View EAGLE POINT CR/COM's Short Interest.

Some companies that are related to EAGLE POINT CR/COM include Northgate (NGTEF), Casio Computer (CHYCY), IQE (IQEPF), Orocobre (OROCF), FIRSTGROUP/ADR (FGROY), TCG BDC (CGBD), OPHIR ENERGY PL/ADR (OPHRY), Absolute Software (ALSWF), Paypoint (PYPTF), ELEMENTIS PLC/ADR (ELMTY), SThree (STREF), DATATEC Ltd/ADR (DTTLY), Wandisco (WANSF), Capstone Mining (CSFFF) and Enquest (ENQUF).
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Based on aggregate information from My MarketBeat watchlists, some companies that other EAGLE POINT CR/COM investors own include Oxford Lane Capital (OXLC), Energy Transfer LP Unit (ET), ANNALY CAP MGMT/SH (NLY), NGL Energy Partners (NGL), New Residential Investment (NRZ), Cornerstone Strategic Value Fund (CLM), AT&T (T), Cornerstone Total Return Fund (CRF), AGNC Investment (AGNC) and Martin Midstream Partners (MMLP).

EAGLE POINT CR/COM trades on the New York Stock Exchange (NYSE) under the ticker symbol "ECC."

EAGLE POINT CR/COM's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Global Endowment Management LP (0.58%), Belpointe Asset Management LLC (0.43%), National Asset Management Inc. (0.40%), Commonwealth Equity Services LLC (0.40%), Wedbush Securities Inc. (0.34%) and Mid Atlantic Financial Management Inc. ADV (0.29%). Company insiders that own EAGLE POINT CR/COM 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 CR/COM.

ECC stock was sold by a variety of institutional investors in the last quarter, including Belpointe Asset Management LLC, Advisor Group Holdings Inc., 6 Meridian, National Asset Management Inc., and UBS Group AG.
View insider buying and selling activity for EAGLE POINT CR/COM.

ECC stock was acquired by a variety of institutional investors in the last quarter, including Global Endowment Management LP, Commonwealth Equity Services LLC, Virtu Financial LLC, Mid Atlantic Financial Management Inc. ADV, Sage Capital Advisors llc, Wedbush Securities Inc., and Cambridge Investment Research Advisors Inc.. Company insiders that have bought EAGLE POINT CR/COM 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 CR/COM.

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.

One share of ECC stock can currently be purchased for approximately $8.01.

EAGLE POINT CR/COM has a market capitalization of $189.41 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.

The official website for EAGLE POINT CR/COM is www.eaglepointcreditcompany.com.

EAGLE POINT CR/COM'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]