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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ECC stock has decreased by 36.2% and is now trading at $7.18. View which stocks have been most impacted by Coronavirus.

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 quarterly earnings results on Thursday, May, 21st. The investment management company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.04. The investment management company had revenue of $17.66 million for the quarter, compared to the consensus estimate of $15.50 million. View EAGLE POINT CR/COM's earnings history.

EAGLE POINT CR/COM announced a monthly dividend on Wednesday, May 20th. Shareholders of record on Friday, September 11th will be given a dividend of $0.08 per share on Wednesday, September 30th. This represents a $0.96 annualized dividend and a yield of 13.37%. The ex-dividend date of this dividend is Thursday, September 10th. View EAGLE POINT CR/COM's dividend history.

3 brokerages have issued 1-year price objectives 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 twelve months. This suggests a possible upside of 67.1% from the stock's current price. View analysts' price targets for EAGLE POINT CR/COM.

News headlines about ECC stock have trended somewhat negative on Thursday, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. EAGLE POINT CR/COM earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the investment management company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutEAGLE POINT CR/COM.

Some companies that are related to EAGLE POINT CR/COM include Casio Computer (CHYCY), SThree (STREF), OPHIR ENERGY PL/ADR (OPHRY), Paypoint (PYPTF), TCG BDC (CGBD), ELEMENTIS PLC/ADR (ELMTY), Orocobre (OROCF), DATATEC Ltd/ADR (DTTLY), PREMIER FOODS P/ADR (PRRFY), Absolute Software (ALSWF), AO World (AOWDF), Amerisur Resources (ASUXF), Wandisco (WANSF), LONMIN PLC/S (LNMIY) and PARKSON RETAIL/ADR (PKSGY). View all competitors.

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), AT&T (T), Cornerstone Strategic Value Fund (CLM), Ares Capital (ARCC), AGNC Investment (AGNC) and Alliance Resource Partners (ARLP).

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 many different retail and institutional investors. Top institutional investors include Advisor Group Holdings Inc. (0.53%), National Asset Management Inc. (0.41%), Wedbush Securities Inc. (0.32%), Commonwealth Equity Services LLC (0.30%), Morgan Stanley (0.29%) and Mid Atlantic Financial Management Inc. ADV (0.25%). 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 PNC Financial Services Group Inc., Claybrook Capital LLC, Wedbush Securities Inc., Citigroup Inc., and Centaurus Financial Inc.. View insider buying and selling activity for EAGLE POINT CR/COM.

ECC stock was bought by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., 6 Meridian, Arlington Capital Management Inc., Raymond James & Associates, Morgan Stanley, Mid Atlantic Financial Management Inc. ADV, Jane Street Group LLC, and National Asset Management 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 $7.18.

EAGLE POINT CR/COM has a market capitalization of $169.81 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]