
Eagle Point Credit Company Inc. (NYSE:ECC – Free Report) – Investment analysts at B. Riley issued their FY2025 earnings estimates for shares of Eagle Point Credit in a research report issued on Thursday, November 20th. B. Riley analyst T. D’agostino anticipates that the investment management company will post earnings of $0.95 per share for the year. B. Riley has a “Buy” rating and a $7.00 price objective on the stock. 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 Q4 2025 earnings at $0.21 EPS, FY2026 earnings at $0.95 EPS and FY2027 earnings at $1.10 EPS.
A number of other equities research analysts have also weighed in on ECC. Craig Hallum began coverage on Eagle Point Credit in a research note on Thursday, September 18th. They set a “buy” rating and a $7.75 price objective for the company. Alliance Global Partners assumed coverage on Eagle Point Credit in a research note on Thursday, September 18th. They set a “buy” rating and a $7.75 target price for the company. Credit Suisse Group set a $7.00 price target on shares of Eagle Point Credit in a research note on Thursday. Industrial Alliance Securities set a $7.75 price target on shares of Eagle Point Credit in a report on Thursday, September 18th. Finally, Zacks Research raised shares of Eagle Point Credit from a “strong sell” rating to a “hold” rating in a report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Eagle Point Credit has a consensus rating of “Moderate Buy” and an average target price of $7.46.
Eagle Point Credit Stock Up 5.4%
Shares of NYSE ECC opened at $5.96 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. Eagle Point Credit has a 1 year low of $5.44 and a 1 year high of $9.53. The stock’s 50-day simple moving average is $6.31 and its 200-day simple moving average is $7.00. The firm has a market cap of $752.30 million, a price-to-earnings ratio of 31.34 and a beta of 0.37.
Institutional Trading of Eagle Point Credit
Several institutional investors have recently added to or reduced their stakes in ECC. Alpine Global Management LLC bought a new position in shares of Eagle Point Credit in the 3rd quarter worth about $2,203,000. Abel Hall LLC acquired a new position in Eagle Point Credit in the third quarter valued at approximately $66,000. Kestra Private Wealth Services LLC grew its holdings in shares of Eagle Point Credit by 3.7% during the third quarter. Kestra Private Wealth Services LLC now owns 100,116 shares of the investment management company’s stock valued at $662,000 after purchasing an additional 3,527 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of Eagle Point Credit during the 3rd quarter worth approximately $266,000. Finally, UBS Group AG raised its position in shares of Eagle Point Credit by 93.7% during the 3rd quarter. UBS Group AG now owns 153,907 shares of the investment management company’s stock worth $1,017,000 after purchasing an additional 74,433 shares during the period. Institutional investors own 19.50% of the company’s stock.
Eagle Point Credit Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 11th will be paid a dividend of $0.14 per share. The ex-dividend date is Wednesday, March 11th. This represents a c) annualized dividend and a yield of 28.2%. Eagle Point Credit’s dividend payout ratio (DPR) is 884.21%.
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.
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