Eagle Point Credit Company Inc. (NYSE:ECC – Free Report) – Analysts at B. Riley decreased their Q4 2025 earnings estimates for Eagle Point Credit in a report issued on Tuesday, July 15th. B. Riley analyst R. Binner now forecasts that the investment management company will post earnings per share of $0.27 for the quarter, down from their prior estimate of $0.29. The consensus estimate for Eagle Point Credit’s current full-year earnings is $1.10 per share.
Eagle Point Credit (NYSE:ECC – Get Free Report) last posted its earnings results on Wednesday, May 28th. The investment management company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.02. Eagle Point Credit had a negative net margin of 27.15% and a positive return on equity of 12.90%. The firm had revenue of $52.30 million during the quarter, compared to the consensus estimate of $53.54 million.
Read Our Latest Stock Report on Eagle Point Credit
Eagle Point Credit Trading Down 0.9%
Shares of Eagle Point Credit stock opened at $7.32 on Thursday. Eagle Point Credit has a 1 year low of $6.54 and a 1 year high of $10.06. The firm has a market cap of $562.89 million, a PE ratio of -18.29 and a beta of 0.41. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The company has a 50 day simple moving average of $7.67 and a two-hundred day simple moving average of $8.10.
Hedge Funds Weigh In On Eagle Point Credit
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. AdvisorNet Financial Inc purchased a new stake in Eagle Point Credit in the 1st quarter worth approximately $25,000. Cape Investment Advisory Inc. boosted its position in shares of Eagle Point Credit by 91.2% during the 1st quarter. Cape Investment Advisory Inc. now owns 3,592 shares of the investment management company’s stock valued at $29,000 after acquiring an additional 1,713 shares during the last quarter. NBC Securities Inc. bought a new stake in Eagle Point Credit in the first quarter worth $32,000. N.E.W. Advisory Services LLC bought a new stake in Eagle Point Credit in the first quarter worth $35,000. Finally, Farther Finance Advisors LLC bought a new stake in Eagle Point Credit in the second quarter worth $35,000. Institutional investors own 19.50% of the company’s stock.
Eagle Point Credit Announces Dividend
The business also recently announced a dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, July 14th will be paid a dividend of $0.14 per share. This represents a yield of 21.79%. The ex-dividend date of this dividend is Friday, July 11th. Eagle Point Credit’s dividend payout ratio is currently -420.00%.
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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