ECC
Eagle Point Credit Company Inc.·Financial Services
3.82
5.911%(−0.24)
Market ClosedLast Updated: — ET
52W L: $3.4652W H: $8.23
Eagle Point Credit Company Inc.·Financial Services
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCU, ECCV, ECCW, ECCX) announced today that it will redeem all of the aggregate principal amount of the outstanding 6.75% notes due 2031 (NYSE: ECCW) and 6.6875% notes due 2028 (NYSE: ECCX) (collectively, the “Notes”) on May 8, 2026 (the “Redemption Date”), following which the Notes will be delisted from the New York Stock Exchange. The redemption price of the Notes will be $25.00, plu.
Eagle Point Credit Company Inc. (NYSE: ECC - Get Free Report) has been assigned an average rating of "Hold" from the six research firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on
Eagle Point Credit's CFO purchased shares two days after signing an NAV disclosure, signaling potential insider confidence. This insider buying event serves as a notable catalyst for investor attention and possible revaluation. The timing of the purchase relative to the NAV disclosure may suggest perceived undervaluation or forthcoming positive developments.
Eagle Point Credit just cut its dividend by 57% following net asset value falling by 18.57% in a single quarter to $5.70 per share. The CEF's Series D Preferreds have sold off in response, with their $1.6875 per share annual coupon currently driving a 9.32% current yield. These benefit from an asset coverage of at least 200% for their preferreds, with the recent dividend cut also a positive for managing the dip in recurring cash flows.
Eagle Point Credit (NYSE: ECC - Get Free Report) and Prospect Capital (NASDAQ: PSEC - Get Free Report) are both small-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, earnings, dividends, profitability and analyst recommendations. Valuation and Earnings This table compares
KKR and Co. Inc. (NYSE: KKR - Get Free Report) and Eagle Point Credit (NYSE: ECC - Get Free Report) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, earnings, risk, dividends and profitability. Institutional and Insider Ownership 76.3%