Eagle Point Credit Company Inc. (ECC)
| Market Value | 859.49M |
| Revenue (ttm) | 169.61M |
| Net Income (ttm) | 65.21M |
| Shares Out | 97.78M |
| EPS (ttm) | 0.62 |
| PE Ratio | 14.28 |
| Forward PE | 7.94 |
| Dividend | $1.86 (21.16%) |
| Ex-Dividend Date | Mar 11, 2025 |
| Volume | 958,406 |
| Open | 8.70 |
| Previous Close | 8.71 |
| Day's Range | 8.70 - 8.85 |
| 52-Week Range | 8.68 - 10.49 |
| Beta | 0.75 |
| Analysts | Buy |
| Price Target | 11.00 (+25.14%) |
| Earnings Date | n/a |
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]
Analyst Forecast
According to 2 analysts, the average rating for ECC stock is "Buy." The 12-month stock price forecast is $11.0, which is an increase of 25.14% from the latest price.
News
Preferreds Weekly Review: Fixed-Rate Preferreds Underperform
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Three Buys In This Fed-Fueled Sell Off
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Eagle Point Credit Company Inc. Prices $100 Million Public Offering of Notes
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCC, ECC PRD, ECCF, ECCX, ECCW, ECCV) today announced that it has priced an underwritten public ...
Eagle Point Credit Company Inc. Announces Offering of Notes
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCC, ECC PRD, ECCF, ECCX, ECCW, ECCV) today announced that it has commenced an underwritten publ...
Buy The Dip, Collect 18% Yields - Eagle Point Credit
Dip is delicious, salsa especially, but buying dips in the market is even better. Collecting monthly income with nearly 18.5% annual yields that are fully covered shouldn't be ignored! Your retirement...
2 Income Machines That Keep Pumping Cash
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Eagle Point Credit: Is This 21% Yield Sustainable?
Eagle Point Credit's high fees, NAV drag, and share dilution make its 21% dividend yield appear unsustainable. ECC does maintain a diverse portfolio, and CLOs tend to be a strong underlying asset clas...
ECC: A High Yield Macroeconomic Bet On Low Default Rates
CLO Equity offers high returns but comes with significant risks, especially during economic downturns, as defaults can severely impact the equity tranche. ECC's GAAP Net Investment Income (NII) is ins...
Eagle Point Credit: The 8.5% Yielding Series D Preferreds Are Discounted, I Doubled My Position
CLO preferreds offer a low-risk investment opportunity due to their higher priority in the capital stack and strong asset coverage ratio. The ECC Preferred D shares are currently trading for 80 cents ...
Eagle Point Credit Co LLC (ECC) Q3 2024 Earnings Call Transcript
Eagle Point Credit Co LLC (NYSE:ECC) Q3 2024 Earnings Conference Call November 14, 2024 10:00 AM ET Corporate Participants Garrett Edson - ICR, Investor Relations Tom Majewski - Chief Executive Offic...
Eagle Point Credit Company Inc. Announces Third Quarter 2024 Financial Results
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCV, ECCW, ECCX) today announced financial results for the quarter ended S...
Eagle Point Credit Company Inc. Announces First Quarter 2025 Common Distributions and Preferred Distributions
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCV, ECCW, ECCX) today is pleased to announce the declaration of distribut...
Eagle Point Credit Company Inc. Schedules Release of Third Quarter 2024 Financial Results on Thursday, November 14, 2024
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCV, ECCW, ECCX) today announced that it plans to report financial results...
2 Deep Fixed-Income Bargains From Oxford Lane And Eagle Point
Eagle Point Credit's Preferred “D” is grossly undervalued due to the company's open market selling of the shares, which has greatly suppressed its price and offers an 8.65% yield. ECC.PR.D has lagged ...
Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks
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Your Retirement Can Be Saved By Income: ECC
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Eagle Point Credit Collects Income From CLO Equity (Mostly) And Yields Over 19%
I rate Eagle Point Credit Company a Strong Buy due to its high-yield distribution supported by strong returns from CLO equity positions. ECC offers a nearly 20% yield with a stable $0.16 monthly distr...
My 9.5% Income Portfolio-The View From The Top
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Eagle Point Credit: 19% Yield On Common And 8.7% On Preferred Equity
Eagle Point Credit's Series D preferred shares offer an 8.7% yield, with strong dividend and asset coverage, making them a good risk/reward investment. ECC's net investment income of $49.6M in H1 2023...
CLO Debt ETFs Or CLO Equity CEFs: Which Are Best For Income Investors And Retirees
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Eagle Point Credit: Common Shares Are Becoming Less Attractive Than Preferreds
Eagle Point Credit offers a unique opportunity to invest away from traditional stocks and bonds, focusing on CLO equity. ECC's Q2 earnings update shows significant developments, including a massive ca...
Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks
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Great News For This Fat 18% Yield: ECC
When it comes to investing in debt, the U.S. economy remains my top priority due to its outstanding strength. Eagle Point Credit Co LLC is firing on all cylinders and investors are getting rewarded. I...