Eagle Point Credit Company Inc. (ECC)
| Market Cap | 920.00M |
| Revenue (ttm) | 179.77M |
| Net Income (ttm) | 85.49M |
| Shares Out | 120.18M |
| EPS (ttm) | 0.76 |
| PE Ratio | 10.01 |
| Forward PE | 7.34 |
| Dividend | $1.80 (23.53%) |
| Ex-Dividend Date | Jun 10, 2025 |
| Volume | 810,855 |
| Open | 7.63 |
| Previous Close | 7.50 |
| Day's Range | 7.56 - 7.68 |
| 52-Week Range | 6.54 - 10.49 |
| Beta | 0.46 |
| Analysts | Buy |
| Price Target | 10.50 (+37.17%) |
| Earnings Date | May 28, 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 37.17% from the latest price.
News
Retire With Two 9% Picks From Your Favorite Income Machine: ECC
Eagle Point Credit's common stock is unattractive due to high fees and poor risk-adjusted returns, despite its popularity among retail investors. I recommend two ECC fixed-income products—ECCC and ECC...
Eagle Point Credit Company Inc. Schedules Release of First Quarter 2025 Financial Results on Wednesday, May 28, 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...
7 Closed-End Fund Buys (And 4 Sells) In The Month Of April 2025
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It's Raining CLO Equity CEFs And Why We Got Longer
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2 High-Yield Picks From ECC And SPMC - Yields Up To 9%
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Eagle Point Credit Vs. Oxford Lane Capital: Which 21%+ Yielding Fund Is The Better Buy?
ECC and OXLC invest shareholder capital into CLO equity, offering high yields with an elevated risk profile. Which is the better option for your portfolio? Both funds have high fees and declining NII,...
Eagle Point Credit: A 2025 Roadmap For CLOs
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Eagle Point Credit Company Inc. Increases Offering Amount of 7.00% Convertible Perpetual Preferred Stock to $200 Million
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC) announced it has increased the continuous public offering of its 7.00% Series AA Convertible Per...
Dirt Cheap Preferred Stocks For Safer Income, +9% Yield
Fearful markets present opportunities for income investors. Embrace the Income Method to cut through market noise, focusing on reliable, growing income by investing higher up in the capital structure....
Eagle Point Credit: Why I'm Buying The Notes And Preferreds But Avoiding The Common Stock
ECC is seeing a shift towards a more aggressive portfolio, which increases risk for common equity shareholders in various ways. Firstly, ECC has meaningful exposure to borrowers in consumer-sensitive ...
Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)
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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...