NYSE:ECC Eagle Point Credit (ECC) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free ECC Stock Alerts $9.98 -0.05 (-0.50%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$9.97▼$10.0250-Day Range$9.92▼$10.3252-Week Range$8.60▼$11.79Volume487,790 shsAverage Volume689,211 shsMarket Capitalization$767.58 millionP/E Ratio5.60Dividend Yield16.84%Price Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Eagle Point Credit alerts: Email Address Eagle Point Credit MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside10.1% Upside$11.00 Price TargetShort InterestHealthy0.36% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.65Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth1.44%From $1.39 to $1.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.43 out of 5 starsFinance Sector648th out of 859 stocksPrivate Households Industry3rd out of 4 stocks 2.3 Analyst's Opinion Consensus RatingEagle Point Credit has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageEagle Point Credit has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.36% of the outstanding shares of Eagle Point Credit have been sold short.Short Interest Ratio / Days to CoverEagle Point Credit has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Eagle Point Credit has recently increased by 15.57%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEagle Point Credit is a leading dividend payer. It pays a dividend yield of 16.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEagle Point Credit does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Eagle Point Credit is 94.38%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Eagle Point Credit will have a dividend payout ratio of 119.15% in the coming year. This indicates that Eagle Point Credit may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ECC. Previous Next 3.7 News and Social Media Coverage News SentimentEagle Point Credit has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Eagle Point Credit this week, compared to 1 article on an average week.Search Interest41 people have searched for ECC on MarketBeat in the last 30 days. This is an increase of 32% compared to the previous 30 days.MarketBeat Follows18 people have added Eagle Point Credit to their MarketBeat watchlist in the last 30 days. This is an increase of 38% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Eagle Point Credit insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.24% of the stock of Eagle Point Credit is held by insiders.Percentage Held by InstitutionsOnly 19.50% of the stock of Eagle Point Credit is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Eagle Point Credit are expected to grow by 1.44% in the coming year, from $1.39 to $1.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Eagle Point Credit is 5.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Eagle Point Credit is 5.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.87.Price to Book Value per Share RatioEagle Point Credit has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Insider FinancialThousands of investors use this no cost solution | Do you? In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.Simply tap here now to subscribe and start getting "Insider Financial Advantage" About Eagle Point Credit Stock (NYSE: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 ECC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ECC Stock News HeadlinesApril 25, 2024 | 247wallst.comWant $5,000 In Passive Income? Invest $5,000 Into These 5 Dividend StocksApril 24, 2024 | 247wallst.comWant $3,000 In Passive Income? Invest $1,000 Into These 15 Dividend StocksApril 25, 2024 | Tranzact (Ad)What is Medicare Supplement Insurance?Original Medicare helps covers a lot of hospital and medical services, but it still leaves some out- of- pocket medical costs to recipients. Make sure your family’s nest egg is protected from unpredictable medical expenses. Consider applying for a Medicare Supplement Insurance Plan that travels with you. April 23, 2024 | americanbankingnews.comEagle Point Credit (NYSE:ECC) Stock Crosses Below 50-Day Moving Average of $10.06April 20, 2024 | finance.yahoo.comEagle Point Credit Company Inc. (ECC)April 15, 2024 | americanbankingnews.comEagle Point Credit Company Inc. (NYSE:ECC) Short Interest UpdateApril 2, 2024 | seekingalpha.comEagle Point Credit: Earn A High Yield From CLOsMarch 15, 2024 | nasdaq.comEagle Point Credit Company Inc. 6.75% Series D Preferred Stock (ECC^D)April 25, 2024 | Tranzact (Ad)What is Medicare Supplement Insurance?Original Medicare helps covers a lot of hospital and medical services, but it still leaves some out- of- pocket medical costs to recipients. Make sure your family’s nest egg is protected from unpredictable medical expenses. Consider applying for a Medicare Supplement Insurance Plan that travels with you. March 12, 2024 | seekingalpha.comI'm Betting On America With 17% Yields: ECC Year-End UpdateMarch 6, 2024 | msn.comEagle Point Credit - 6.50% PRF REDEEM 30/06/2031 USD 25 - Ser C goes ex-dividend tomorrowFebruary 28, 2024 | nz.finance.yahoo.comEagle Point Credit Company Inc. 6.6875% NT 28 (ECCX)February 23, 2024 | finance.yahoo.comQ4 2023 Eagle Point Credit Company Inc Earnings CallFebruary 22, 2024 | 247wallst.comWant $3000 In Passive Income? Invest $1250 Into These 12 Dividend StocksFebruary 22, 2024 | businesswire.comEagle Point Credit Company Inc. Announces Fourth Quarter and Year-End 2023 Financial ResultsFebruary 19, 2024 | 247wallst.comWant $3000 in Passive Income? Invest $1000 into These 15 Dividend StocksFebruary 13, 2024 | finance.yahoo.comEagle Point Credit Company Inc. Announces Second Quarter 2024 Regular and Supplemental Common Distributions and Preferred DistributionsFebruary 13, 2024 | businesswire.comEagle Point Credit Company Inc. Announces Second Quarter 2024 Regular and Supplemental Common Distributions and Preferred DistributionsFebruary 8, 2024 | finance.yahoo.comEagle Point Credit Company Inc. Schedules Release of Fourth Quarter 2023 and Year-end 2023 Financial Results on Thursday, February 22, 2024February 5, 2024 | forbes.comUSAA Adds 30,000-Point Welcome Offer To Eagle Navigator Credit CardFebruary 1, 2024 | yahoo.comDaily Briefing: Eagle Pass braces for its next conflictFebruary 1, 2024 | seekingalpha.comNew Preferred Stock And Exchange Traded Debt IPOs, January 2024January 22, 2024 | finance.yahoo.comEagle Point Credit Company Inc. Announces Offering of Preferred StockJanuary 22, 2024 | finance.yahoo.comEagle Point Credit Company Inc. Prices Offering of Preferred StockJanuary 16, 2024 | seekingalpha.comEagle Point Credit: I Went Heavy On Buying The PreferredsJanuary 12, 2024 | msn.comEagle Point Credit prices $33.6M preferred stock offeringJanuary 11, 2024 | msn.comEagle Point Credit announces offering of preferred stockSee More Headlines Receive ECC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Eagle Point Credit and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/22/2024Ex-Dividend for 4/30 Dividend4/09/2024Today4/25/2024Dividend Payable4/30/2024Ex-Dividend for 5/31 Dividend5/10/2024Next Earnings (Estimated)5/21/2024Dividend Payable5/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Private households Sub-IndustryN/A Current SymbolNYSE:ECC CUSIPN/A CIK1604174 Webwww.eaglepointcreditcompany.com Phone(203) 340-8510FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$11.00 High Stock Price Target$12.00 Low Stock Price Target$10.00 Potential Upside/Downside+10.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.78 Trailing P/E Ratio5.61 Forward P/E Ratio7.19 P/E GrowthN/ANet Income$118.75 million Net Margins84.05% Pretax Margin63.44% Return on Equity14.27% Return on Assets10.23% Debt Debt-to-Equity Ratio0.22 Current Ratio6.60 Quick Ratio6.60 Sales & Book Value Annual Sales$139.07 million Price / Sales5.53 Cash Flow$1.14 per share Price / Cash Flow8.75 Book Value$9.21 per share Price / Book1.08Miscellaneous Outstanding Shares76,950,000Free Float76,763,000Market Cap$768.73 million OptionableNot Optionable Beta0.77 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Thomas Philip Majewski CPA (Age 49)CEO & Interested Director Mr. Kenneth Paul Onorio CPA (Age 55)CFO & COO Mr. Kyle William McGradyDirector of Marketing and Investor RelationsMr. Nauman S. Malik (Age 43)General Counsel & Chief Compliance Officer Ms. Courtney Barrett Fandrick (Age 41)Secretary Key CompetitorsCarlyle Secured LendingNASDAQ:CGBDRedwood TrustNYSE:RWTCommunity Trust BancorpNASDAQ:CTBIAbacus LifeNASDAQ:ABLAmerant BancorpNASDAQ:AMTBView All CompetitorsInsiders & InstitutionsPFG Investments LLCBought 179,523 shares on 4/22/2024Ownership: 0.233%Oxinas Partners Wealth Management LLCBought 15,284 shares on 4/18/2024Ownership: 0.181%Cadent Capital Advisors LLCBought 73,583 shares on 4/11/2024Ownership: 0.761%NBC Securities Inc.Bought 3,000 shares on 4/5/2024Ownership: 0.005%Quadrature Capital LtdBought 125,620 shares on 3/25/2024Ownership: 0.228%View All Insider TransactionsView All Institutional Transactions ECC Stock Analysis - Frequently Asked Questions Should I buy or sell Eagle Point Credit stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eagle Point Credit in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ECC shares. View ECC analyst ratings or view top-rated stocks. What is Eagle Point Credit's stock price target for 2024? 2 brokerages have issued 1-year price objectives for Eagle Point Credit's shares. Their ECC share price targets range from $10.00 to $12.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests a possible upside of 10.1% from the stock's current price. View analysts price targets for ECC or view top-rated stocks among Wall Street analysts. How have ECC shares performed in 2024? Eagle Point Credit's stock was trading at $9.50 at the beginning of 2024. Since then, ECC shares have increased by 5.2% and is now trading at $9.99. View the best growth stocks for 2024 here. Are investors shorting Eagle Point Credit? Eagle Point Credit saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 273,200 shares, an increase of 15.6% from the March 31st total of 236,400 shares. Based on an average trading volume of 683,800 shares, the short-interest ratio is presently 0.4 days. View Eagle Point Credit's Short Interest. When is Eagle Point Credit's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024. View our ECC earnings forecast. How were Eagle Point Credit's earnings last quarter? Eagle Point Credit Company Inc. (NYSE:ECC) released its quarterly earnings data on Thursday, February, 22nd. The investment management company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.38 by $0.05. The investment management company had revenue of $39.39 million for the quarter, compared to the consensus estimate of $39.10 million. Eagle Point Credit had a trailing twelve-month return on equity of 14.27% and a net margin of 84.05%. During the same period in the previous year, the firm posted $0.29 EPS. How often does Eagle Point Credit pay dividends? What is the dividend yield for Eagle Point Credit? Eagle Point Credit declared a monthly dividend on Tuesday, February 20th. Stockholders of record on Monday, June 10th will be paid a dividend of $0.14 per share on Friday, June 28th. This represents a $1.68 annualized dividend and a yield of 16.82%. The ex-dividend date of this dividend is Monday, June 10th. Read our dividend analysis for ECC. Is Eagle Point Credit a good dividend stock? Eagle Point Credit (NYSE:ECC) pays an annual dividend of $1.68 per share and currently has a dividend yield of 16.77%. ECC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 94.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ECC will have a dividend payout ratio of 119.15% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for ECC. What ETFs hold Eagle Point Credit's stock? ETFs with the largest weight of Eagle Point Credit (NYSE:ECC) stock in their portfolio include Amplify High Income ETF (YYY).WisdomTree Alternative Income Fund (HYIN). What other stocks do shareholders of Eagle Point Credit own? Based on aggregate information from My MarketBeat watchlists, some companies that other Eagle Point Credit investors own include Oxford Lane Capital (OXLC), Energy Transfer (ET), Annaly Capital Management (NLY), NGL Energy Partners (NGL), New Residential Investment (NRZ), AT&T (T), AGNC Investment (AGNC), Cornerstone Strategic Value Fund (CLM), Cornerstone Total Return Fund (CRF) and Alliance Resource Partners (ARLP). Who are Eagle Point Credit's major shareholders? Eagle Point Credit's stock is owned by many different retail and institutional investors. Top institutional investors include Cadent Capital Advisors LLC (0.76%), PFG Investments LLC (0.23%), Oxinas Partners Wealth Management LLC (0.18%) and NBC Securities Inc. (0.01%). Insiders that own company stock include Kenneth P Onorio, Oa Eagle Group Investors, Llc and Thomas P Majewski. View institutional ownership trends. How do I buy shares of Eagle Point Credit? Shares of ECC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ECC) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsJim Cramer’s “The Biggest Drug Ever”Behind the MarketsYour Money is Not SafeAmerican AlternativeThe AI stock to buy right nowStockEarnings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Eagle Point Credit Company Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
