Eagle Point Credit Company Inc. (ECC)
| Market Value | 878.07M |
| Revenue (ttm) | 169.61M |
| Net Income (ttm) | 66.60M |
| Shares Out | 97.78M |
| EPS (ttm) | n/a |
| PE Ratio | 13.18 |
| Forward PE | 8.11 |
| Dividend | $1.86 (20.71%) |
| Ex-Dividend Date | Mar 11, 2025 |
| Volume | 886,297 |
| Open | 9.02 |
| Previous Close | 9.05 |
| Day's Range | 8.95 - 9.03 |
| 52-Week Range | 8.94 - 10.49 |
| Beta | 0.77 |
| Analysts | Buy |
| Price Target | 11.00 (+22.49%) |
| 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 22.49% from the latest price.
News
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...
My 9.5% Income Portfolio-The View From The Top
Total Return is a percentage measure reflecting the total performance of a fund, incorporating both capital gains and the effect of dividends reinvested over a specific period. Net Asset Value is the ...
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
CLOs have several tranches. Equity tranches are the riskiest ones, but also have the highest yields, and strongest potential returns. Debt tranches are safer and lower-yielding, some significantly so,...
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
Before July 31, 2024, my REaders mentioned 38 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Te...
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...
CEF Weekly Review: PCF Tries To Get Shareholders To Care
We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs were mixed, with MLP funds recovering while REIT funds struggled. The CEF, Hig...
Eagle Point Credit Co LLC (ECC) Q2 2024 Earnings Call Transcript
Eagle Point Credit Co LLC (NYSE:ECC) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Garrett Edson - ICR, Investor Relations Thomas Majewski - Chief Executive Officer...
Eagle Point Credit Company Inc. Announces Second 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 J...
Eagle Point Credit Company Inc. Announces Fourth Quarter 2024 Regular and Supplemental 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...
Picks And Themes In The CLO Sector
CLOs remain very popular investment vehicles and have seen sizable inflows recently, judging by the AUM of open-end funds. We highlight some of the dynamics and key themes in the CLO market that can h...
Eagle Point Credit Company Inc. Schedules Release of Second Quarter 2024 Financial Results on Tuesday, August 6, 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...
Readers Identify 30 Ideal June Dividend Buys Out Of 40 Nods
Prior to June 30, 2024, my REaders mentioned 40 equities in their comments on my articles. Some bad news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. ...
Eagle Point Credit: Securing An 8% YTM With Its Baby Bonds
Eagle Point Credit Company offers preferred shares and baby bonds with good coverage ratios for dividends and interest payments. ECC's balance sheet shows strong financial health with ample common equ...
Eagle Point Credit: Waiting On A Correction
Eagle Point Credit Co LLC operates as a closed-ended fund investing in collateralized loan obligations, with a particular focus on equity CLOs. ECC's return distribution relies heavily on dividends bu...