Eagle Point Credit Company Inc. (NYSE:ECC – Free Report) – Equities researchers at B. Riley issued their FY2026 earnings per share estimates for shares of Eagle Point Credit in a research note issued on Tuesday, January 7th. B. Riley analyst R. Binner expects that the investment management company will earn $1.10 per share 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 Stock Performance
Shares of NYSE ECC opened at $9.10 on Friday. 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’s fifty day moving average price is $9.13 and its two-hundred day moving average price is $9.61. Eagle Point Credit has a one year low of $8.56 and a one year high of $10.49. The firm has a market cap of $700.25 million, a price-to-earnings ratio of 11.38 and a beta of 0.75.
Eagle Point Credit Announces Dividend
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Stifel Financial Corp acquired a new stake in shares of Eagle Point Credit during the third quarter valued at about $149,000. Main Street Financial Solutions LLC boosted its stake in shares of Eagle Point Credit by 95.6% during the second quarter. Main Street Financial Solutions LLC now owns 147,447 shares of the investment management company’s stock valued at $1,482,000 after purchasing an additional 72,067 shares in the last quarter. PFG Investments LLC boosted its stake in shares of Eagle Point Credit by 42.9% during the third quarter. PFG Investments LLC now owns 553,506 shares of the investment management company’s stock valued at $5,458,000 after purchasing an additional 166,108 shares in the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of Eagle Point Credit by 92.6% during the third quarter. J.W. Cole Advisors Inc. now owns 109,774 shares of the investment management company’s stock valued at $1,082,000 after purchasing an additional 52,782 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of Eagle Point Credit during the third quarter valued at about $7,600,000. Institutional investors own 19.50% of the company’s stock.
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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