Eagle Point Credit Company Inc. (ECC)
| Market Cap | 901.39M |
| Revenue (ttm) | 179.77M |
| Net Income (ttm) | 85.49M |
| Shares Out | 111.84M |
| EPS (ttm) | 0.76 |
| PE Ratio | 10.54 |
| Forward PE | 7.84 |
| Dividend | $1.80 (22.42%) |
| Ex-Dividend Date | Jun 10, 2025 |
| Volume | 806,212 |
| Open | 7.97 |
| Previous Close | 7.96 |
| Day's Range | 7.96 - 8.12 |
| 52-Week Range | 7.36 - 10.49 |
| Beta | 0.73 |
| Analysts | Buy |
| Price Target | 10.50 (+30.76%) |
| Earnings Date | May 20, 2025 |
About 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]
Financial Performance
In 2024, ECC's revenue was $179.77 million, an increase of 29.26% compared to the previous year's $139.07 million. Earnings were $85.49 million, a decrease of -26.86%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for ECC stock is "Buy." The 12-month stock price forecast is $10.5, which is an increase of 30.76% from the latest price.
News
Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred
Collateralized loan obligation CEFs offer high yields but come with significant leverage, volatility and higher risk, making them less appropriate for all income investors. Baby bonds and preferred of...
ECC: 23% Yield For The Ostrich In You
ECC sports a 23.2% yield. We go over what the asset class has delivered historically and also what ECC has actually delivered. We tell you which security we own from the ECC suite and why we think it ...
ECC, OCCI Or Neither Of Them: A Pairs Trade For 2 CEFs
I'm currently favoring low-duration debt from CLO CEFs, hedging by shorting overvalued CEFs, and recently initiated a pair trade: Long ECC, short OCCI. ECC's high non-leverage expenses and lower asset...
CEF Weekly Review: Will BTT Terminate?
We review the CEF market valuation and performance through the first week of March and highlight recent market action. Nearly all CEF sectors were down due to poor risk sentiment, but year-to-date per...
CEF Distribution Coverage: What To Worry About And What Not To Worry About
Closed-end funds are ideal for investors prioritizing steady cash income over capital gains, benefiting from buying at discounts and institutional leverage terms. Distribution "coverage" is critical. ...
The Tide Is Changing, Be Prepared With CLOs To Keep The Income Streaming In
The Magnificent Seven stocks led a bull run from late 2022 to 2024, but 2025's market correction reveals vulnerabilities, offering opportunities in high-yield CLO equity funds. CLO equity funds, like ...
I Am Loading Up On This 19% Yield: ECC
19% yields should set off alarm bells in your head. Either it's a massive disaster inbound or a massive income opportunity. We look into earnings to determine which scenario exists in ECC. You need ca...
Eagle Point Credit: Q4 Earnings Indicate Both Strength And Weakness (Rating Downgrade)
ECC offers a high 21.5% dividend yield, fully covered by earnings, but faces capital loss and NAV decline due to high-interest rates. The portfolio is heavily invested in risky CLO equity, with 78.8% ...
Eagle Point Credit Co LLC (ECC) Q4 2024 Earnings Call Transcript
Eagle Point Credit Co LLC (NYSE:ECC) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Garrett Edson - ICR, Investor Relations Thomas Majewski - Chief Executive Offi...
Eagle Point Credit Company Inc. Announces Fourth Quarter and Year-End 2024 Financial Results
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCU, ECCV, ECCW, ECCX) today announced financial results for the quarter a...
CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains
We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity an...
Eagle Point Credit Company Inc. Announces Second Quarter 2025 Common and Preferred Distributions
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCU, ECCV, ECCW, ECCX) today is pleased to announce the declaration of dis...
Preferreds Weekly Review: Agency mREITs Deliver Good Results
We take a look at the action in preferreds and baby bonds through the last week of January and highlight some of the key themes we are watching. Preferred stocks saw mixed performance with Energy and ...
CEF Weekly Review: CLO Equity CEFs Put Up Varying Performance
We review the CEF market valuation and performance through the last week of January and highlight recent market action. CEFs had a mixed week, with Municipal sectors outperforming due to a drop in Tre...
Eagle Point Credit Company Inc. Schedules Release of Fourth Quarter 2024 and Year-End 2024 Financial Results on Thursday, February 20, 2025
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCU, ECCV, ECCW, ECCX) today announced that it plans to report financial r...
Preferred Stocks And More
Two new additions to the HDO Bond Ladder: Baby Bonds ECCU and GAINI, both maturing in 2030. As we enter 2025, the fixed-income landscape offers opportunities despite declining short-term rates, with q...
Eagle Point Credit: Pricing Improves And CLOs Remain Hot (Rating Upgrade)
Eagle Point Credit's valuation has compressed, with the premium to NAV falling from 20% to 5%. ECC's distribution yield remains attractive at over 20%, but the future success hinges on a fast-growing ...
Eagle Point Credit CEO Tom Majewski On Funds And Income
Founder and CEO Tom Majewski explains Eagle Point's two funds, ECC and EIC, and offering high monthly distributions to investors. CLOs, backed by senior secured loans to large corporations, provide ro...
Eagle Point Credit: Mixed Signals, But Net Bullish
Eagle Point Credit's extended reinvestment periods and increased equity mix position it well for resilient yields in a falling rates environment. Declining loan accumulation facilities may preview slo...
A Guide To Responsibly Use Margin Debt To Amplify Dividend Income
Margin debt can be a strategic tool for wealth building, similar to traditional debt, if used responsibly and with proper safety buffers. Suggested rules include having a solid financial foundation, a...
Eagle Point Credit Company Inc. Is Celebrating Over a Decade as a Public Company by Ringing The NYSE Closing Bell
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC) today announced that it will ring The Closing Bell® at the New York Stock Exchange (“NYSE”) on M...
New Preferred Stock IPOs, December 2024
December saw six new preferred stock and exchange traded debt offerings with yields ranging from 6% to 9%, highlighting diverse investment opportunities. CDx3 preferreds ranked 10 out of 10 offer an a...
Preferreds Weekly Review: Fixed-Rate Preferreds Underperform
We take a look at the action in preferreds and baby bonds through the second week of December and highlight some of the key themes we are watching. All preferred stock sectors declined as longer-term ...
Three Buys In This Fed-Fueled Sell Off
The Fed's revised guidance for only two rate cuts in 2025 caused market panic, despite a current rate cut to 4.25-4.5%. Floating rate instruments like CLOs remain attractive due to their high-yield an...