NYSE:ECC Eagle Point Credit (ECC) Stock Price, News & Analysis → Protect Your Bank Account Before It’s Too Late (From Weiss Ratings) (Ad) Free ECC Stock Alerts $10.21 +0.01 (+0.10%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$10.20▼$10.2350-Day Range$9.92▼$10.3252-Week Range$8.60▼$11.07Volume502,969 shsAverage Volume676,609 shsMarket Capitalization$785.66 millionP/E Ratio5.74Dividend Yield16.45%Price Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Eagle Point Credit MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside7.8% Upside$11.00 Price TargetShort InterestHealthy0.43% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.56Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth1.44%From $1.39 to $1.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.00 out of 5 starsFinance Sector785th out of 872 stocksPrivate Households Industry3rd out of 4 stocks 1.3 Analyst's Opinion Consensus RatingEagle Point Credit has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageEagle Point Credit has received no research coverage in the past 90 days.Read more about Eagle Point Credit's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.43% of the outstanding shares of Eagle Point Credit have been sold short.Short Interest Ratio / Days to CoverEagle Point Credit has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eagle Point Credit has recently increased by 22.25%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEagle Point Credit is a leading dividend payer. It pays a dividend yield of 16.47%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEagle Point Credit does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Eagle Point Credit is 94.38%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Eagle Point Credit will have a dividend payout ratio of 119.15% in the coming year. This indicates that Eagle Point Credit may not be able to sustain their current dividend.Read more about Eagle Point Credit's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ECC. Previous Next 2.5 News and Social Media Coverage News SentimentEagle Point Credit has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Eagle Point Credit this week, compared to 1 article on an average week.Search InterestOnly 34 people have searched for ECC on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat Follows19 people have added Eagle Point Credit to their MarketBeat watchlist in the last 30 days. This is an increase of 90% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eagle Point Credit insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.22% of the stock of Eagle Point Credit is held by insiders.Percentage Held by InstitutionsOnly 19.50% of the stock of Eagle Point Credit is held by institutions.Read more about Eagle Point Credit's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Eagle Point Credit are expected to grow by 1.44% in the coming year, from $1.39 to $1.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eagle Point Credit is 5.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Eagle Point Credit is 5.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.55.Price to Book Value per Share RatioEagle Point Credit has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Eagle Point Credit's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Nvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.” Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.Click on Adam's shiny forehead for more details. About Eagle Point Credit Stock (NYSE:ECC)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.Read More ECC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ECC Stock News HeadlinesMay 15 at 4:15 PM | businesswire.comEagle Point Credit Company Inc. Announces Third Quarter 2024 Regular and Supplemental Common Distributions and Preferred DistributionsMay 14, 2024 | americanbankingnews.comEagle Point Credit (ECC) Scheduled to Post Earnings on TuesdayMay 7, 2024 | businesswire.comEagle Point Credit Company Inc. Schedules Release of First Quarter 2024 Financial Results on Tuesday, May 21, 2024April 25, 2024 | 247wallst.comWant $5,000 In Passive Income? Invest $5,000 Into These 5 Dividend StocksApril 24, 2024 | 247wallst.comWant $3,000 In Passive Income? Invest $1,000 Into These 15 Dividend StocksApril 20, 2024 | finance.yahoo.comEagle Point Credit Company Inc. (ECC)April 2, 2024 | seekingalpha.comEagle Point Credit: Earn A High Yield From CLOsMarch 15, 2024 | nasdaq.comEagle Point Credit Company Inc. 6.75% Series D Preferred Stock (ECC^D)March 12, 2024 | seekingalpha.comI'm Betting On America With 17% Yields: ECC Year-End UpdateMarch 6, 2024 | msn.comEagle Point Credit - 6.50% PRF REDEEM 30/06/2031 USD 25 - Ser C goes ex-dividend tomorrowFebruary 28, 2024 | nz.finance.yahoo.comEagle Point Credit Company Inc. 6.6875% NT 28 (ECCX)February 23, 2024 | finance.yahoo.comQ4 2023 Eagle Point Credit Company Inc Earnings CallFebruary 22, 2024 | 247wallst.comWant $3000 In Passive Income? Invest $1250 Into These 12 Dividend StocksFebruary 22, 2024 | businesswire.comEagle Point Credit Company Inc. Announces Fourth Quarter and Year-End 2023 Financial ResultsFebruary 19, 2024 | 247wallst.comWant $3000 in Passive Income? Invest $1000 into These 15 Dividend StocksFebruary 13, 2024 | finance.yahoo.comEagle Point Credit Company Inc. Announces Second Quarter 2024 Regular and Supplemental Common Distributions and Preferred DistributionsFebruary 13, 2024 | businesswire.comEagle Point Credit Company Inc. Announces Second Quarter 2024 Regular and Supplemental Common Distributions and Preferred DistributionsFebruary 8, 2024 | finance.yahoo.comEagle Point Credit Company Inc. Schedules Release of Fourth Quarter 2023 and Year-end 2023 Financial Results on Thursday, February 22, 2024February 5, 2024 | forbes.comUSAA Adds 30,000-Point Welcome Offer To Eagle Navigator Credit CardFebruary 1, 2024 | yahoo.comDaily Briefing: Eagle Pass braces for its next conflictFebruary 1, 2024 | seekingalpha.comNew Preferred Stock And Exchange Traded Debt IPOs, January 2024January 22, 2024 | finance.yahoo.comEagle Point Credit Company Inc. Announces Offering of Preferred StockJanuary 22, 2024 | finance.yahoo.comEagle Point Credit Company Inc. Prices Offering of Preferred StockJanuary 16, 2024 | seekingalpha.comEagle Point Credit: I Went Heavy On Buying The PreferredsJanuary 12, 2024 | msn.comEagle Point Credit prices $33.6M preferred stock offeringSee More Headlines Company Calendar Last Earnings2/22/2024Ex-Dividend for 5/31 Dividend5/10/2024Today5/17/2024Next Earnings (Confirmed)5/21/2024Dividend Payable5/31/2024Ex-Dividend for 6/28 Dividend6/10/2024Dividend Payable6/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Private households Sub-IndustryN/A Current SymbolNYSE:ECC CUSIPN/A CIK1604174 Webwww.eaglepointcreditcompany.com Phone(203) 340-8510FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$11.00 High Stock Price Target$12.00 Low Stock Price Target$10.00 Potential Upside/Downside+7.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.78 Trailing P/E Ratio5.73 Forward P/E Ratio7.34 P/E GrowthN/ANet Income$118.75 million Net Margins84.05% Pretax Margin63.44% Return on Equity14.27% Return on Assets10.23% Debt Debt-to-Equity Ratio0.22 Current Ratio6.60 Quick Ratio6.60 Sales & Book Value Annual Sales$139.07 million Price / Sales5.65 Cash Flow$1.15 per share Price / Cash Flow8.91 Book Value$9.21 per share Price / Book1.11Miscellaneous Outstanding Shares76,950,000Free Float76,779,000Market Cap$785.27 million OptionableNot Optionable Beta0.76 Key ExecutivesMr. Thomas Philip Majewski CPA (Age 49)CEO & Interested Director Mr. Kenneth Paul Onorio CPA (Age 55)CFO & COO Mr. Kyle William McGradyDirector of Marketing and Investor RelationsMr. Nauman S. Malik (Age 43)General Counsel & Chief Compliance Officer Ms. Courtney Barrett Fandrick (Age 41)Secretary Key CompetitorsCarlyle Secured LendingNASDAQ:CGBDThe Taiwan FundNYSE:TWNFirst Mid BancsharesNASDAQ:FMBHAmerant BancorpNASDAQ:AMTBDime Community BancsharesNASDAQ:DCOMView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Sold 8,066 shares on 5/16/2024Ownership: 0.118%Quadrature Capital LtdBought 7,285 shares on 5/15/2024Ownership: 0.173%Freestone Capital Holdings LLCBought 1,188 shares on 5/14/2024Ownership: 0.117%Atomi Financial Group Inc.Sold 10,863 shares on 5/7/2024Ownership: 0.016%CFO4Life Group LLCBought 10,370 shares on 5/6/2024Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions ECC Stock Analysis - Frequently Asked Questions Should I buy or sell Eagle Point Credit stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eagle Point Credit in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ECC shares. View ECC analyst ratings or view top-rated stocks. What is Eagle Point Credit's stock price target for 2024? 2 equities research analysts have issued 1 year price objectives for Eagle Point Credit's stock. Their ECC share price targets range from $10.00 to $12.00. On average, they anticipate the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price. View analysts price targets for ECC or view top-rated stocks among Wall Street analysts. How have ECC shares performed in 2024? Eagle Point Credit's stock was trading at $9.50 at the beginning of 2024. Since then, ECC stock has increased by 7.4% and is now trading at $10.2050. View the best growth stocks for 2024 here. Are investors shorting Eagle Point Credit? Eagle Point Credit saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 334,000 shares, an increase of 22.3% from the April 15th total of 273,200 shares. Based on an average daily volume of 681,500 shares, the days-to-cover ratio is currently 0.5 days. View Eagle Point Credit's Short Interest. When is Eagle Point Credit's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024. View our ECC earnings forecast. How were Eagle Point Credit's earnings last quarter? Eagle Point Credit Company Inc. (NYSE:ECC) announced its quarterly earnings data on Thursday, February, 22nd. The investment management company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.38 by $0.05. The investment management company earned $39.39 million during the quarter, compared to the consensus estimate of $39.10 million. Eagle Point Credit had a trailing twelve-month return on equity of 14.27% and a net margin of 84.05%. During the same quarter in the previous year, the company earned $0.29 EPS. How often does Eagle Point Credit pay dividends? What is the dividend yield for Eagle Point Credit? Eagle Point Credit announced a monthly dividend on Friday, May 17th. Investors of record on Thursday, July 11th will be paid a dividend of $0.14 per share on Wednesday, July 31st. This represents a $1.68 annualized dividend and a dividend yield of 16.46%. The ex-dividend date is Thursday, July 11th. Read our dividend analysis for ECC. Is Eagle Point Credit a good dividend stock? Eagle Point Credit (NYSE:ECC) pays an annual dividend of $1.68 per share and currently has a dividend yield of 16.47%. ECC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 94.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ECC will have a dividend payout ratio of 119.15% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for ECC. What ETFs hold Eagle Point Credit's stock? ETFs with the largest weight of Eagle Point Credit (NYSE:ECC) stock in their portfolio include Amplify High Income ETF (YYY).WisdomTree Alternative Income Fund (HYIN). What other stocks do shareholders of Eagle Point Credit own? 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). Who are Eagle Point Credit's major shareholders? Eagle Point Credit's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Cadent Capital Advisors LLC (0.76%), PFG Investments LLC (0.23%), Quadrature Capital Ltd (0.17%), Commonwealth Equity Services LLC (0.14%), Oxinas Partners Wealth Management LLC (0.18%) and BI Asset Management Fondsmaeglerselskab A S (0.13%). Insiders that own company stock include Kenneth P Onorio, Oa Eagle Group Investors, Llc and Thomas P Majewski. View institutional ownership trends. How do I buy shares of Eagle Point Credit? Shares of ECC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ECC) was last updated on 5/18/2024 by MarketBeat.com Staff From Our PartnersObama’s Forever Term [exposed]Porter & CompanyCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaMissed NVDA? Buy this AI stock NOWChaikin AnalyticsMost important medical advance in 100 yearsThe Oxford ClubThe Presidential candidate you should REALLY be worried aboutStansberry ResearchForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressShocking: One AI startup's revenue could surge 4,735%Manward Press Adding Choose a watchlist: Watchlist My Default Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
