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ECC

Eagle Point Credit Company Inc.

https://www.eaglepointcreditcompany.com

Industry

Asset Management

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. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.

Open

8.96

Mkt cap

770M

Volume

562K

High

9.05

P/E Ratio

5.28

52-wk high

10.49

Low

8.89

Div yield

0.23

52-wk low

8.89

Eagle Point Credit Company has announced an underwritten public offering of Series F Preferred Stock, although the specific terms of the offering have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:58 pm

Eagle Point Credit Company has announced an underwritten public offering of Preferred Stock, with terms yet to be disclosed. The stock is expected to be listed on the NYSE under the symbol 'ECCF' within 30 days of the issue date.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:42 pm

Eagle Point Credit Co (NYSE:ECC) has announced a monthly dividend of 14 cents per share, with Tuesday being the last day for investors to own the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, meaning it will trade lower by the dividend amount. The dividend is scheduled to be paid on January 31, 2024.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 2:45 pm

The article lists a number of companies scheduled to report their earnings on November 14, 2023. It includes their expected quarterly results, with some companies anticipated to report profits per share and others expected to report losses. The revenues for each company are also provided, giving investors insights into the financial performance of these companies for the upcoming earnings announcements.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 1:23 pm

Eagle Point Credit Co reported a Q3 NAV per share of $9.33 as of September 30, 2023, which is a 7.0% increase compared to June 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:05 pm

Eagle Point Credit Co reported a Q3 Net Investment Income (NII) and Realized Capital Gains of $0.35 per share, surpassing the estimated $0.33. This indicates a positive performance compared to market expectations.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:03 pm

B. Riley Securities analyst Matt Howlett has reiterated a 'Buy' rating on Eagle Point Credit Co (NYSE:ECC) and maintained a $12 price target.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 2:02 pm

Keefe, Bruyette & Woods analyst Ryan Lynch maintains a 'Market Perform' rating on Eagle Point Credit Co (NYSE:ECC) and lowers the price target from $11 to $10.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:53 am

Eagle Point Credit Company has reported a Net Investment Income (NII) of $0.32.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:04 pm

Eagle Point Credit Co (NYSE:ECC) is set to release its latest quarterly earnings report on August 15, 2023. Analysts estimate an earnings per share (EPS) of $0.37. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares are currently trading at $10.36 and have seen a 12.84% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:02 pm

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