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In the News
Eagle Point Credit: 16% Yield, 6% Discount, Monthly Payer
Eagle Point Credit Company Inc. yields 15.85%. It's selling at a 15.13% discount to NAV.
I Keep On Buying These 2 Picks!
Knowing when I'm going to get paid makes me happy and helps add pep to my step! When is your next paycheck?
Seeking Yields Of At Least 12%
According to the Fear and Greed Index, we're sitting in the no-man's land of a neutral rating. Rising rates have beaten down the value of many great fixed-income investments.
ECC And OXLC: Watch High Yield Spreads For Signal To Buy
Eagle Point Credit Company and Oxford Lane Capital are both CEFs focused on CLO Equity investments. Both funds have ~15% current distribution yields. ECC has announced a $0.25 special dividend.
Eagle Point (ECC) Q2 Earnings Beat Estimates (Revised)
Eagle Point (ECC) delivered earnings and revenue surprises of 2.38% and 2.89%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Eagle Point Credit Company Inc. (ECC) CEO Tom Majewski on Q2 2022 Results - Earnings Call Transcript
Eagle Point Credit Company Inc. (NYSE:ECC ) Q2 2022 Results Conference Call August 16, 2022 10:00 AM ET Company Participants Tom Majewski - CEO Ken Onorio - CFO and COO Conference Call Participants Mickey Schleien - Ladenburg Thalmann Paul Johnson - KBW Matthew Howlett - B. Riley Securities Operator Greetings, and welcome to the Eagle Point Credit Company Second Quarter 2022 Financial Results Call.
Eagle Point (ECC) Q2 Earnings Match Estimates
Eagle Point (ECC) delivered earnings and revenue surprises of 0% and 2.89%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Eagle Point Credit Company Inc. Schedules Release of Second Quarter 2022 Financial Results on Tuesday, August 16, 2022
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCV, ECCW, ECCX) today announced that it plans to report financial results for the quarter ended June 30, 2022 prior to the opening of the financial markets on Tuesday, August 16, 2022. The Company will discuss its financial results on a conference call on that day at 10:00 a.m. (Eastern Time). Thomas P. Majewski, Chief Executive Officer, will host the call along with Kenneth P. Onorio
ECC: The Story Of 1% Total Annual Returns For 5 Years
CLOs are a recession-resistant asset class. One needs to have a modicum of restraint in forecasting returns over here though.
Two 10% Yields On Sale, Extremely Misunderstood
The less the market understands, the higher the yield often is. You own something similar, just with less income for your account.
Financial details
Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2021-12-31
| Metric | History | 2017-12-31 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue per share | 1.98 | -2.05 | -0.19 | 1.74 | 4.92 | |
| Net income per share | 1.76 | -2.27 | -0.3 | 1.65 | 4.61 | |
| Operating cash flow per share | -1.64 | -1.9 | 0.94 | 0.03 | -4.01 | |
| Free cash flow per share | -1.64 | -1.9 | 0.94 | 0.03 | -4.01 | |
| Cash per share | 0.79 | 0.06 | 1.15 | 0.13 | 0.49 | |
| Book value per share | 17.82 | 11.88 | 10.59 | 9.8 | 18.38 | |
| Tangible book value per share | 17.82 | 11.88 | 10.59 | 9.8 | 18.38 | |
| Share holders equity per share | 17.82 | 11.88 | 10.59 | 9.8 | 18.38 | |
| Interest debt per share | 5.74 | 4.54 | 3.95 | 2.8 | 5.42 | |
| Market cap | 321.57M | 373.31M | 433.49M | 396.68M | 392.55M | |
| Enterprise value | 396.13M | 466.8M | 500.37M | 484.72M | 519.32M | |
| P/E ratio | 10.33 | -6.81 | -49.87 | 6.52 | 2.98 | |
| Price to sales ratio | 9.16 | -7.53 | -80.69 | 6.19 | 2.79 | |
| POCF ratio | -11.08 | -8.15 | 16.09 | 324.82 | -3.42 | |
| PFCF ratio | -11.08 | -8.15 | 16.09 | 324.82 | -3.42 | |
| P/B Ratio | 1.02 | 1.3 | 1.43 | 1.1 | 0.75 | |
| PTB ratio | 1.02 | 1.3 | 1.43 | 1.1 | 0.75 | |
| EV to sales | 11.29 | -9.41 | -93.14 | 7.57 | 3.69 | |
| Enterprise value over EBITDA | 8.99 | -11.66 | 104.98 | 6.79 | 3.55 | |
| EV to operating cash flow | -13.65 | -10.19 | 18.57 | 396.91 | -4.53 | |
| EV to free cash flow | -13.65 | -10.19 | 18.57 | 396.91 | -4.53 | |
| Earnings yield | 0.1 | -0.15 | -0.02 | 0.15 | 0.34 | |
| Free cash flow yield | -0.09 | -0.12 | 0.06 | 0 | -0.29 | |
| Debt to equity | 0.28 | 0.33 | 0.33 | 0.26 | 0.27 | |
| Debt to assets | 0.39 | 0.4 | 0.36 | 0.29 | 0.31 | |
| Net debt to EBITDA | 1.69 | -2.33 | 14.03 | 1.23 | 0.87 | |
| Current ratio | 0 | 0 | 0 | 0 | 0 | |
| Interest coverage | 0 | 0 | 0 | 0 | 0 | |
| Income quality | -0.93 | 0.84 | -3.1 | 0.02 | -0.87 | |
| Dividend Yield | 0.18 | 0.14 | 0.14 | 0.1 | 0.1 | |
| Payout ratio | 1.84 | -0.95 | -7.08 | 0.66 | 0.3 | |
| Sales general and administrative to revenue | 0.09 | -0.11 | -0.62 | 0.05 | 0.05 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
| Capex to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
| Capex to revenue | 0 | 0 | 0 | 0 | 0 | |
| Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
| Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
| Graham number | 26.57 | 24.64 | 8.51 | 19.08 | 43.64 | |
| ROIC | 0 | 0 | 0 | 0 | 0 | |
| Return on tangible assets | 0.06 | -0.12 | -0.02 | 0.12 | 0.17 | |
| Graham Net | -9.61 | -7.22 | -4.51 | -3.48 | -7.36 | |
| Working capital | 0 | 0 | 0 | 0 | 0 | |
| Tangible asset value | 0 | 0 | 0 | 0 | 0 | |
| Net current asset value | 0 | 0 | 0 | 0 | 0 | |
| Invested capital | 0.28 | 0.33 | 0.33 | 0.26 | 0.27 | |
| Average receivables | 21.03M | 21.1M | 18.31M | 23.89M | 23.48M | |
| Average payables | 11.26M | 0 | 0 | 6.38M | 12.49M | |
| Average inventory | 0 | 0 | 0 | 0 | 0 | |
| Days sales outstanding | 188.98 | -134.67 | -864.89 | 136.12 | 59.77 | |
| Days payables outstanding | 0 | 0 | 0 | 0 | 0 | |
| Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
| Receivables turnover | 1.93 | -2.71 | -0.42 | 2.68 | 6.11 | |
| Payables turnover | 0 | 0 | 0 | 0 | 0 | |
| Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
| ROE | 0.1 | -0.19 | -0.03 | 0.17 | 0.25 | |
| Capex per share | 0 | 0 | 0 | 0 | 0 |
Quarterly Fundamentals Overview
Last date of statement is 2015-09-30 for Q3
| Metric | History | 2014-12-31 | 2015-09-30 |
|---|---|---|---|
| Revenue per share | 0.15 | 0.31 | |
| Net income per share | -0.11 | -0.8 | |
| Operating cash flow per share | 0 | 0 | |
| Free cash flow per share | -2.12 | -0.83 | |
| Cash per share | 1.67 | 0.01 | |
| Book value per share | 6.9 | 5.72 | |
| Tangible book value per share | 6.9 | 5.72 | |
| Share holders equity per share | 6.9 | 5.72 | |
| Interest debt per share | 0 | 0.03 | |
| Market cap | 768.05M | 727.54M | |
| Enterprise value | 704.31M | 727.32M | |
| P/E ratio | -44.79 | -5.98 | |
| Price to sales ratio | 135.71 | 62.25 | |
| POCF ratio | 0 | 0 | |
| PFCF ratio | -9.48 | -22.94 | |
| P/B Ratio | 2.91 | 3.33 | |
| PTB ratio | 2.91 | 3.33 | |
| EV to sales | 124.45 | 62.23 | |
| Enterprise value over EBITDA | 146.99 | 90.55 | |
| EV to operating cash flow | 0 | 0 | |
| EV to free cash flow | -8.69 | -22.93 | |
| Earnings yield | -0.01 | -0.04 | |
| Free cash flow yield | -0.11 | -0.04 | |
| Debt to equity | 0 | 0 | |
| Debt to assets | 0.12 | 0.2 | |
| Net debt to EBITDA | -13.3 | -0.03 | |
| Current ratio | 0 | 0 | |
| Interest coverage | 0 | 7.43 | |
| Income quality | 0 | 0 | |
| Dividend Yield | 0 | 0 | |
| Payout ratio | 0 | 0 | |
| Sales general and administrative to revenue | 0.23 | 0.29 | |
| Research and developement to revenue | 0 | 0 | |
| Intangibles to total assets | 0 | 0 | |
| Capex to operating cash flow | 0 | 0 | |
| Capex to revenue | 0 | 0 | |
| Capex to depreciation | 0 | 0 | |
| Stock based compensation to revenue | 0 | 0 | |
| Graham number | 4.17 | 10.12 | |
| ROIC | 0 | 0 | |
| Return on tangible assets | -0.01 | -0.11 | |
| Graham Net | 1.09 | -1.23 | |
| Working capital | 0 | 0 | |
| Tangible asset value | 0 | 0 | |
| Net current asset value | 46.57M | -44.31M | |
| Invested capital | 0 | 0 | |
| Average receivables | 22.41M | 18.23M | |
| Average payables | 0 | 0 | |
| Average inventory | 0 | 0 | |
| Days sales outstanding | 302.79 | 82.22 | |
| Days payables outstanding | 0 | 0 | |
| Days of inventory on hand | 0 | 0 | |
| Receivables turnover | 0.3 | 1.09 | |
| Payables turnover | 0 | 0 | |
| Inventory turnover | 0 | 0 | |
| ROE | -0.02 | -0.14 | |
| Capex per share | 0 | 0 |
Frequently Asked Questions
What is Eagle Point Credit Company Inc. stock symbol ?
Eagle Point Credit Company Inc. is a US stock , located in Greenwich of Connecticut and trading under the symbol ECC
What is Eagle Point Credit Company Inc. stock quote today ?
Eagle Point Credit Company Inc. stock price is $11.43 today.
Is Eagle Point Credit Company Inc. stock public?
Yes, Eagle Point Credit Company Inc. is a publicly traded company.
Company Profile
- Volume Average 360.57K
- Market Capitalization 480.5M
- CEO Mr. Thomas Majewski
- Headquarters Greenwich,CONNECTICUT,US
- IPO Date 2014-10-08
-
Website
https://www.eaglepointcreditcompany.com 
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. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.
