Eagle Point Income (EIC) Expected to Announce Quarterly Earnings on Thursday

Posted by Wayne Rhoads on Feb 19th, 2025

Eagle Point Income (NYSE:EIC – Get Free Report) is expected to issue its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $13.54 million for the quarter.

Eagle Point Income Trading Down 0.7 %

Eagle Point Income stock opened at $15.79 on Wednesday. Eagle Point Income has a twelve month low of $14.78 and a twelve month high of $16.75. The company has a 50 day moving average of $15.72 and a 200-day moving average of $15.76.

Eagle Point Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be issued a $0.20 dividend. This represents a $2.40 annualized dividend and a dividend yield of 15.20%. The ex-dividend date of this dividend is Tuesday, June 10th.

Analyst Ratings Changes

Several research analysts recently commented on the stock. B. Riley upgraded shares of Eagle Point Income to a “strong-buy” rating in a report on Tuesday, January 7th. LADENBURG THALM/SH SH upgraded shares of Eagle Point Income to a “strong-buy” rating in a report on Thursday, January 16th.

Get Our Latest Analysis on Eagle Point Income

Eagle Point Income Company Profile

(Get Free Report)

About Eagle Point Income Company is a non-diversified,closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in junior debt tranches of CLOs. In addition, the Company may invest up to 20% of its total assets (at the time of investment) in CLO equity securities and related securities and instruments.