Eagle Point Income Company Inc. (EIC)
| Market Value | 247.12M |
| Revenue (ttm) | 41.07M |
| Net Income (ttm) | 34.06M |
| Shares Out | 15.73M |
| EPS (ttm) | n/a |
| PE Ratio | 7.25 |
| Forward PE | 7.93 |
| Dividend | $2.40 (15.28%) |
| Ex-Dividend Date | Dec 11, 2024 |
| Volume | 186,277 |
| Open | 15.66 |
| Previous Close | 15.71 |
| Day's Range | 15.66 - 15.74 |
| 52-Week Range | 14.16 - 16.75 |
| Beta | 0.48 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About EIC
Eagle Point Income Company manages capital on behalf of institutional, high-net-worth, and retail investors through private funds, separately managed accounts, and publicly-listed closed-end vehicles. They provide CLO securities and related investments. The investment objective is to generate high current income, with a secondary objective to generate capital appreciation. [Read more]
News
Eagle Point Income: Q3 Earnings Reinforces Portfolio Strength
Eagle Point Income (EIC) operates as a closed end fund that supported its high 14.7% dividend yield through a portfolio of CLO debt and equity investments. The recent Q3 earnings report provides reass...
Eagle Point Income Co Inc. (EIC) Q3 2024 Earnings Call Transcript
Eagle Point Income Co Inc. (NYSE:EIC) Q3 2024 Earnings Conference Call November 14, 2024 11:30 AM ET Company Participants Garrett Edson - ICR Thomas Majewski - Chairman and Chief Executive Officer Da...
Eagle Point Income Company Inc. Announces Third Quarter 2024 Financial Results
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced financial results for the quarter ended September 30, 2024 and...
Bargain Securities From NewtekOne And Eagle Point Income Company
At our Conservative Income Portfolio service, I specialize in uncovering relatively mispriced/undervalued preferred stocks and bonds that often fly under the radar and that should significantly outper...
Eagle Point Income Company Inc. Announces First Quarter 2025 Common and Preferred Distributions
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today is pleased to announce the declaration of distributions on shares of the...
Eagle Point Income Company Inc. Schedules Release of Third Quarter 2024 Financial Results on Thursday, November 14, 2024
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter ende...
CEF Weekly Review: High Premiums Can Be Fragile
We review the CEF market valuation and performance through the third week of October and highlight recent market action. Discounts widened despite NAV strength across most CEF sectors; MLPs and Equity...
Preferreds Weekly Review: Embedded Options And Redemption Likelihood
We take a look at the action in preferreds and baby bonds through the first week of October and highlight some of the key themes we are watching. Preferred stocks saw slight declines as Treasury yield...
EICC: Compared To Other 2029 Choices, I Have Downgraded My Rating To Sell
I am downgrading Eagle Point Income Company Inc. NT 29, trading under EICC, from Buy to Sell due to poor yield comparisons and coverage ratio. EICC's primary investment objective is high current incom...
Eagle Point Income: 15% Yield On Common Stock, 8% On Preferred Stock
Eagle Point Income's strong balance sheet ensures the preferred equity is well covered, with a healthy 311% asset coverage ratio at the end of June. The focus is on preferred shares, particularly EICA...
Eagle Point Income Co Inc (EIC) Q2 2024 Earnings Call Transcript
Eagle Point Income Co Inc (NYSE:EIC) Q2 2024 Earnings Conference Call August 6, 2024 11:30 AM ET Company Participants Peter Sceusa – ICR Tom Majewski – Chairman and Chief Executive Officer Dan Ko – S...
Eagle Point Income Company Inc. Announces Second Quarter 2024 Financial Results
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced financial results for the quarter ended June 30, 2024 and cert...
Eagle Point Income Company Inc. Announces Fourth Quarter 2024 Common and Preferred Distributions
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today is pleased to announce the declaration of distributions on shares of the...
Eagle Point Income: May Benefit From Interest Rate Cuts
Eagle Point Income operates as a closed end management company with a focus on CLO debt investments. EIC focuses on BB-rated CLO debt investments made on a floating rate basis. This floating rate focu...
Eagle Point Income Company Inc. Schedules Release of Second Quarter 2024 Financial Results on Tuesday, August 6, 2024
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter ende...
5 Closed-End Fund Buys (And 2 Sells) In The Month Of June 2024
June was another month where we saw broader equities hitting new all-time highs. However, that participation was rather narrow as the mega-cap tech names led the way higher. This last month, I added t...
Our Latest Picks In The 8-9%-Yielding CLO Equity Senior Security Sector
The CLO equity senior security sector is easy to overlook, but it has a number of attractive features such as high yields, strong asset coverage levels and mandatory maturities. We review the sector, ...
Eagle Point Income: Where This High-Yield CLO Fund Fits In The Risk Stack
Eagle Point Credit Management manages two CLO-focused CEFs, with Eagle Point Income Company offering a nearly 15% yield. Closed-end funds offer high yields through various strategies, including collat...
CLO Closed-End Funds: Baby Bonds And Preferred Offering Steady Income
Collateralized loan obligation closed-end fund preferreds and baby bonds can offer relatively secure sources of income generation for investors. These offerings are subject to stricter regulations und...
Eagle Point Income Company Inc. (EIC) Q1 2024 Earnings Call Transcript
Eagle Point Income Company Inc. (NYSE:EIC) Q1 2024 Earnings Conference Call May 21, 2024 11:30 AM ET Company Participants Peter Sceusa - IR Tom Majewski - Chairperson & CEO Dan Ko - Senior Principal ...
Eagle Point Income Company Inc. Announces First Quarter 2024 Financial Results; Awarded “Best Public Closed-End CLO Fund” by Creditflux
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced financial results for the quarter ended March 31, 2024 and cer...
Eagle Point Income Company Inc. Announces Third Quarter 2024 Common and Preferred Distributions
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today is pleased to announce the declaration of distributions on shares of the...
Eagle Point Income Issues 3rd Term Preferred Stock
This article discusses three Term Preferreds issued by Eagle Point Income Company, focusing on their investment objectives and portfolio composition.
Eagle Point Income Company Inc. Schedules Release of First Quarter 2024 Financial Results on Tuesday, May 21, 2024
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter ende...
EICC: New Preferred Equity From This CEF
Eagle Point Income Company Inc. is a fixed income CEF that invests in CLO debt and equity. EICC has issued a new series of preferred stock, the Series C 8% Preferred Stock due 2029. The preferred stoc...