Eagle Point Credit Company Inc. (ECC)
| Market Value | 865.36M |
| Revenue (ttm) | 169.61M |
| Net Income (ttm) | 65.21M |
| Shares Out | 97.78M |
| EPS (ttm) | 0.62 |
| PE Ratio | 14.38 |
| Forward PE | 8.01 |
| Dividend | $1.86 (21.02%) |
| Ex-Dividend Date | Mar 11, 2025 |
| Volume | 621,893 |
| Open | 8.87 |
| Previous Close | 8.85 |
| Day's Range | 8.85 - 8.87 |
| 52-Week Range | 8.56 - 10.49 |
| Beta | 0.75 |
| Analysts | Buy |
| Price Target | 11.00 (+24.29%) |
| 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 24.29% from the latest price.
News
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...
Seeking Yields Of +15%
High yields from closed-end funds can regularly provide you with a massive supply of cash. Cash is how we pay our bills, not our portfolio value. Your retirement portfolio is a bedrock part of your re...
Year-End Review Of High-Yield Closed-End Funds
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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
Discover how reliable dividends can transform your portfolio into a consistent income powerhouse. Passive income generation from dividends can take you closer to financial freedom. We discuss our top ...
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
Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising divi...
Your Retirement Can Be Saved By Income: ECC
How well do you understand the economy and how it is financed? The better you understand the economy, the better you can use it to generate income. I collect income from all around me, combining into ...
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...