Equities Analysts Issue Forecasts for ECC FY2026 Earnings

Eagle Point Credit Company Inc. (NYSE:ECCFree Report) – Analysts at B. Riley issued their FY2026 earnings estimates for shares of Eagle Point Credit in a research report issued to clients and investors on Tuesday, January 7th. B. Riley analyst R. Binner expects that the investment management company will post earnings per share of $1.10 for the year. B. Riley has a “Buy” rating and a $11.00 price objective on the stock. The consensus estimate for Eagle Point Credit’s current full-year earnings is $1.13 per share.

Eagle Point Credit Trading Up 0.3 %

Eagle Point Credit stock opened at $9.10 on Friday. The firm’s 50 day moving average price is $9.15 and its 200-day moving average price is $9.62. Eagle Point Credit has a 1 year low of $8.56 and a 1 year high of $10.49. 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 stock has a market cap of $700.23 million, a P/E ratio of 11.38 and a beta of 0.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ECC. Webster Bank N. A. purchased a new position in Eagle Point Credit during the third quarter worth $28,000. Legacy Investment Solutions LLC purchased a new stake in shares of Eagle Point Credit during the third quarter valued at $39,000. McIlrath & Eck LLC purchased a new stake in shares of Eagle Point Credit during the third quarter valued at $57,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Eagle Point Credit during the second quarter valued at $60,000. Finally, Sunbelt Securities Inc. boosted its stake in shares of Eagle Point Credit by 646.4% during the second quarter. Sunbelt Securities Inc. now owns 7,464 shares of the investment management company’s stock valued at $75,000 after purchasing an additional 6,464 shares during the period. 19.50% of the stock is owned by hedge funds and other institutional investors.

Eagle Point Credit Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Monday, January 13th will be issued a $0.14 dividend. The ex-dividend date is Monday, January 13th. Eagle Point Credit’s dividend payout ratio (DPR) is presently 210.00%.

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.

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