Eagle Point Credit (ECC) Expected to Announce Earnings on Thursday

Posted by Editorial Team on Feb 13th, 2025

Eagle Point Credit (NYSE:ECC – Get Free Report) is expected to be announcing its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $49.76 million for the quarter.

Eagle Point Credit Trading Down 0.2 %

NYSE:ECC opened at $8.71 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.27 and a quick ratio of 2.27. The firm has a 50-day moving average of $8.93 and a 200-day moving average of $9.42. The company has a market cap of $670.23 million, a PE ratio of 10.89 and a beta of 0.75. Eagle Point Credit has a one year low of $8.56 and a one year high of $10.49.

Eagle Point Credit Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 14th were paid a $0.14 dividend. The ex-dividend date of this dividend was Monday, January 13th. This represents a yield of 18.88%. Eagle Point Credit’s dividend payout ratio (DPR) is 210.00%.

Analyst Ratings Changes

Separately, B. Riley cut their price objective on shares of Eagle Point Credit from $12.00 to $11.00 and set a “buy” rating for the company in a report on Tuesday, January 7th.

Read Our Latest Report on Eagle Point Credit

About Eagle Point Credit

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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.