Eagle Point Credit Company Inc. (NYSE:ECC – Free Report) – Equities research analysts at B. Riley cut their Q2 2025 earnings per share (EPS) estimates for Eagle Point Credit in a research note issued on Tuesday, July 15th. B. Riley analyst R. Binner now expects that the investment management company will earn $0.25 per share for the quarter, down from their previous estimate of $0.26. 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 Q3 2025 earnings at $0.25 EPS, FY2025 earnings at $1.05 EPS and FY2026 earnings at $1.05 EPS.
Several other research firms also recently commented on ECC. Credit Suisse Group set a $7.50 price objective on shares of Eagle Point Credit in a report on Thursday, May 29th. Keefe, Bruyette & Woods lowered their price target on shares of Eagle Point Credit from $9.00 to $7.50 and set a “market perform” rating on the stock in a research report on Thursday, May 29th.
Eagle Point Credit Stock Down 0.9%
ECC stock opened at $7.32 on Wednesday. The stock has a fifty day moving average of $7.67 and a 200-day moving average of $8.10. Eagle Point Credit has a fifty-two week low of $6.54 and a fifty-two week high of $10.06. The company has a market capitalization of $562.89 million, a price-to-earnings ratio of -18.29 and a beta of 0.41. 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 (NYSE:ECC – Get Free Report) last issued its earnings results on Wednesday, May 28th. The investment management company reported $0.28 earnings per share (EPS) 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 firm had revenue of $52.30 million for the quarter, compared to analyst estimates of $53.54 million.
Institutional Trading of Eagle Point Credit
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in Eagle Point Credit in the 4th quarter worth about $2,038,000. Commonwealth Equity Services LLC lifted its holdings in shares of Eagle Point Credit by 1.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 103,691 shares of the investment management company’s stock worth $921,000 after buying an additional 1,666 shares in the last quarter. Summitry LLC bought a new position in shares of Eagle Point Credit in the fourth quarter valued at approximately $107,000. Brown Brothers Harriman & Co. purchased a new position in Eagle Point Credit during the fourth quarter valued at approximately $93,000. Finally, Thomas J. Herzfeld Advisors Inc. increased its holdings in Eagle Point Credit by 66.0% during the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 206,460 shares of the investment management company’s stock worth $1,833,000 after acquiring an additional 82,061 shares during the period. 19.50% of the stock is currently owned by institutional investors.
Eagle Point Credit Announces Dividend
The business also recently declared a dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, July 14th will be issued a $0.14 dividend. This represents a dividend yield of 21.79%. The ex-dividend date of this dividend is Friday, July 11th. Eagle Point Credit’s payout ratio is currently -420.00%.
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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