Q2 EPS Forecast for Eagle Point Income Increased by Analyst

Eagle Point Income Company Inc. (NYSE:EIC) – Research analysts at B. Riley raised their Q2 2025 earnings estimates for shares of Eagle Point Income in a note issued to investors on Tuesday, July 15th. B. Riley analyst R. Binner now expects that the company will post earnings per share of $0.37 for the quarter, up from their prior estimate of $0.36.

Eagle Point Income (NYSE:EIC) last posted its quarterly earnings data on Wednesday, May 28th. The company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.20). The business had revenue of $14.13 million for the quarter, compared to analyst estimates of $13.58 million.

Eagle Point Income Stock Performance

Shares of NYSE:EIC opened at $13.46 on Thursday. The business has a 50 day simple moving average of $13.63 and a two-hundred day simple moving average of $14.66. Eagle Point Income has a 1 year low of $12.63 and a 1 year high of $16.71.

Hedge Funds Weigh In On Eagle Point Income

A number of institutional investors have recently modified their holdings of EIC. AdvisorNet Financial Inc purchased a new position in Eagle Point Income during the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Eagle Point Income in the 1st quarter worth $30,000. Wedbush Securities Inc. acquired a new stake in Eagle Point Income in the first quarter worth about $166,000. Atria Wealth Solutions Inc. purchased a new stake in Eagle Point Income during the 1st quarter worth approximately $170,000. Finally, M&T Bank Corp acquired a new position in shares of Eagle Point Income in the 1st quarter valued at $175,000.

Eagle Point Income Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, July 14th will be paid a dividend of $0.13 per share. This represents a dividend yield of 11.36%. The ex-dividend date is Friday, July 11th.

Eagle Point Income Company Profile

About Eagle Point Income Company is a non-diversified,closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in junior debt tranches of CLOs. In addition, the Company may invest up to 20% of its total assets (at the time of investment) in CLO equity securities and related securities and instruments.