Analysts Issue Forecasts for ECC FY2026 Earnings

Eagle Point Credit Company Inc. (NYSE:ECCFree Report) – Stock analysts at B. Riley issued their FY2026 earnings per share estimates for Eagle Point Credit in a research report issued to clients and investors on Tuesday, January 7th. B. Riley analyst R. Binner expects that the investment management company will post earnings per share of $1.10 for the year. B. Riley has a “Buy” rating and a $11.00 price target on the stock. The consensus estimate for Eagle Point Credit’s current full-year earnings is $1.13 per share.

Eagle Point Credit Price Performance

Eagle Point Credit stock opened at $9.10 on Friday. The firm has a market capitalization of $700.25 million, a P/E ratio of 11.38 and a beta of 0.75. Eagle Point Credit has a 1 year low of $8.56 and a 1 year high of $10.49. The business has a 50-day moving average of $9.13 and a 200-day moving average of $9.61. The company has a current ratio of 2.27, a quick ratio of 2.27 and a debt-to-equity ratio of 0.18.

Eagle Point Credit Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, January 14th will be given a $0.14 dividend. The ex-dividend date of this dividend is Monday, January 13th. This represents a dividend yield of 18.44%. Eagle Point Credit’s dividend payout ratio is presently 210.00%.

Hedge Funds Weigh In On Eagle Point Credit

Institutional investors and hedge funds have recently modified their holdings of the business. McIlrath & Eck LLC bought a new stake in Eagle Point Credit in the 3rd quarter valued at approximately $57,000. Legacy Investment Solutions LLC bought a new stake in Eagle Point Credit in the 3rd quarter valued at approximately $39,000. Stifel Financial Corp bought a new stake in shares of Eagle Point Credit during the 3rd quarter worth approximately $149,000. Rockefeller Capital Management L.P. raised its stake in shares of Eagle Point Credit by 2.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 77,375 shares of the investment management company’s stock worth $763,000 after purchasing an additional 2,112 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its stake in shares of Eagle Point Credit by 10.5% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 91,924 shares of the investment management company’s stock worth $889,000 after purchasing an additional 8,719 shares in the last quarter. 19.50% of the stock is currently owned by institutional investors and hedge funds.

Eagle Point Credit Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Eagle Point Credit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Point Credit and related companies with MarketBeat.com's FREE daily email newsletter.