Eagle Point Credit (NYSE:ECC – Get Free Report) is expected to be releasing its Q2 2025 earnings data before the market opens on Monday, August 4th. Analysts expect Eagle Point Credit to post earnings of $0.25 per share and revenue of $54.27 million for the quarter.
Eagle Point Credit (NYSE:ECC – Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The investment management company reported $0.28 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $52.30 million during the quarter, compared to analysts’ expectations of $53.54 million. On average, analysts expect Eagle Point Credit to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Eagle Point Credit Trading Down 1.2%
NYSE ECC opened at $6.80 on Friday. The business has a 50 day simple moving average of $7.51 and a 200 day simple moving average of $7.95. Eagle Point Credit has a one year low of $6.54 and a one year high of $10.06. The stock has a market capitalization of $523.26 million, a P/E ratio of -17.00 and a beta of 0.38. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23.
Eagle Point Credit Dividend Announcement
Institutional Investors Weigh In On Eagle Point Credit
An institutional investor recently bought a new position in Eagle Point Credit stock. Jane Street Group LLC acquired a new stake in Eagle Point Credit Company Inc. (NYSE:ECC – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 16,572 shares of the investment management company’s stock, valued at approximately $134,000. 19.50% of the stock is owned by institutional investors.
Analyst Ratings Changes
ECC has been the subject of several recent analyst reports. Credit Suisse Group set a $7.50 target price on Eagle Point Credit in a research note on Thursday, May 29th. Keefe, Bruyette & Woods decreased their target price on Eagle Point Credit from $9.00 to $7.50 and set a “market perform” rating for the company in a research note on Thursday, May 29th.
View Our Latest Analysis on Eagle Point Credit
Eagle Point Credit Company Profile
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.
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