B. Riley Forecasts Reduced Earnings for Eagle Point Credit

Eagle Point Credit Company Inc. (NYSE:ECC) – Investment analysts at B. Riley reduced their Q2 2025 earnings estimates for shares of Eagle Point Credit in a note issued to investors on Tuesday, July 15th. B. Riley analyst R. Binner now forecasts that the investment management company will earn $0.25 per share for the quarter, down from their prior forecast of $0.26. The consensus estimate for Eagle Point Credit’s current full-year earnings is $1.10 per share. B. Riley also issued estimates for Eagle Point Credit’s Q3 2025 earnings at $0.25 EPS, FY2025 earnings at $1.05 EPS and FY2026 earnings at $1.05 EPS.

Several other equities analysts have also recently weighed in on the company. Credit Suisse Group set a $7.50 price objective on Eagle Point Credit in a research note on Thursday, May 29th. Keefe, Bruyette & Woods lowered their target price on shares of Eagle Point Credit from $9.00 to $7.50 and set a “market perform” rating for the company in a report on Thursday, May 29th.

Eagle Point Credit Stock Down 0.9%

Shares of NYSE:ECC opened at $7.32 on Wednesday. The business’s 50 day moving average is $7.67 and its 200 day moving average is $8.10. Eagle Point Credit has a 12-month low of $6.54 and a 12-month high of $10.06. The stock has a market cap of $562.89 million, a price-to-earnings ratio of -18.29 and a beta of 0.41. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32.

Eagle Point Credit (NYSE:ECC) last issued its quarterly earnings data on Wednesday, May 28th. The investment management company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.02. Eagle Point Credit had a positive return on equity of 12.90% and a negative net margin of 27.15%. The firm had revenue of $52.30 million during the quarter, compared to analyst estimates of $53.54 million.

Institutional Trading of Eagle Point Credit

A number of institutional investors and hedge funds have recently modified their holdings of the business. Legacy Investment Solutions LLC boosted its position in Eagle Point Credit by 20,306.0% in the fourth quarter. Legacy Investment Solutions LLC now owns 847,871 shares of the investment management company’s stock worth $7,580,000 after purchasing an additional 843,716 shares during the last quarter. Wedbush Securities Inc. raised its stake in shares of Eagle Point Credit by 31.3% during the 1st quarter. Wedbush Securities Inc. now owns 745,271 shares of the investment management company’s stock worth $6,037,000 after purchasing an additional 177,661 shares during the period. PFG Investments LLC boosted its holdings in shares of Eagle Point Credit by 10.7% in the 1st quarter. PFG Investments LLC now owns 685,957 shares of the investment management company’s stock worth $5,556,000 after buying an additional 66,558 shares during the last quarter. Freestone Capital Holdings LLC boosted its holdings in shares of Eagle Point Credit by 57.9% in the 1st quarter. Freestone Capital Holdings LLC now owns 350,614 shares of the investment management company’s stock worth $2,840,000 after buying an additional 128,531 shares during the last quarter. Finally, Money Concepts Capital Corp grew its position in Eagle Point Credit by 61.3% during the first quarter. Money Concepts Capital Corp now owns 308,196 shares of the investment management company’s stock valued at $2,496,000 after buying an additional 117,157 shares during the period. 19.50% of the stock is owned by hedge funds and other institutional investors.

Eagle Point Credit Dividend Announcement

The firm also recently announced a dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, July 14th will be issued a $0.14 dividend. This represents a dividend yield of 21.79%. The ex-dividend date is Friday, July 11th. Eagle Point Credit’s dividend payout ratio is presently -420.00%.

About Eagle Point Credit

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.