FY2026 Earnings Estimate for ECC Issued By B. Riley

Eagle Point Credit Company Inc. (NYSE:ECC) – B. Riley issued their FY2026 earnings per share (EPS) estimates for Eagle Point Credit in a report released on Tuesday, January 7th. B. Riley analyst R. Binner anticipates that the investment management company will post earnings of $1.10 per share for the year. B. Riley currently has a “Buy” rating and a $11.00 price target 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

ECC stock 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 business has a 50-day moving average price of $9.15 and a 200 day moving average price of $9.62. The company has a market capitalization of $700.23 million, a P/E ratio of 11.38 and a beta of 0.75. Eagle Point Credit has a 1-year low of $8.56 and a 1-year high of $10.49.

Hedge Funds Weigh In On Eagle Point Credit

Large investors have recently added to or reduced their stakes in the company. Webster Bank N. A. bought a new position in Eagle Point Credit in the third quarter worth about $28,000. Legacy Investment Solutions LLC bought a new position in Eagle Point Credit in the third quarter worth about $39,000. McIlrath & Eck LLC bought a new position in Eagle Point Credit in the third quarter worth about $57,000. EverSource Wealth Advisors LLC bought a new position in Eagle Point Credit in the second quarter worth about $60,000. Finally, Sunbelt Securities Inc. raised its holdings in Eagle Point Credit by 646.4% in the second quarter. Sunbelt Securities Inc. now owns 7,464 shares of the investment management company’s stock worth $75,000 after purchasing an additional 6,464 shares in the last quarter. 19.50% of the stock is currently owned by institutional investors.

Eagle Point Credit Dividend Announcement

The company also recently disclosed 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 payout ratio is currently 210.00%.

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.