Eagle Point Credit (ECC) Stock Price, News & Analysis

2 Wall Street 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 analysts is that investors should "moderate buy" ECC shares.
View ECC analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1 year price targets for Eagle Point Credit's stock. Their ECC share price targets range from $10.00 to $12.00. On average, they predict the company's share price to reach $11.00 in the next year. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for ECC or view top-rated stocks among Wall Street analysts.

Eagle Point Credit's stock was trading at $9.50 at the start of the year. Since then, ECC stock has increased by 4.7% and is now trading at $9.95.
View the best growth stocks for 2024 here.

Eagle Point Credit saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 236,400 shares, a decrease of 11.0% from the March 15th total of 265,700 shares. Based on an average daily trading volume, of 699,100 shares, the short-interest ratio is presently 0.3 days.
View Eagle Point Credit's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our ECC earnings forecast.

Eagle Point Credit Company Inc. (NYSE:ECC) posted 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 analyst estimates of $39.10 million. Eagle Point Credit had a net margin of 84.05% and a trailing twelve-month return on equity of 14.27%. During the same period in the prior year, the business posted $0.29 earnings per share.

Eagle Point Credit declared a monthly dividend on Tuesday, February 20th. Stockholders of record on Monday, June 10th will be given a dividend of $0.14 per share on Friday, June 28th. This represents a $1.68 annualized dividend and a yield of 16.88%. The ex-dividend date is Monday, June 10th.
Read our dividend analysis for ECC.

Eagle Point Credit (NYSE:ECC) pays an annual dividend of $1.68 per share and currently has a dividend yield of 16.93%. 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.

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).

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).

Eagle Point Credit's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Cadent Capital Advisors LLC (0.76%) 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.

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.