ECC

Eagle Point Credit Company Inc. [ECC] Stock Forecast

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RSI : 000

ECC Stock Summary

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ECC


In the News

10:07 16 Apr 2024 ECC

Eagle Point Credit: Earn A High Yield From CLOs

Eagle Point Credit has provided a superior total return compared to Oxford Lane Capital over the last decade. ECC invests in equity tranches of CLOs, generating a higher yield for shareholders due to the riskier nature of these investments. ECC's portfolio is diverse, with exposure to various industries and a large percentage of loans rated below investment grade. However, historical data shows low default rates for this type of investment.

07:35 16 Apr 2024 ECC

CEFs: A Great Tool For Passive Income

CEFs are a great option for income investors due to diversification and legal requirements for high distributions.

10:14 16 Apr 2024 ECC

Want $4000 in Passive Income? Invest $5000 Into These Six Dividend Stocks

The Modern Investment App For a Richer Tomorrow (Sponsored) Robinhood set out to democratize investing to individuals, and it's not slowing down.

07:35 16 Apr 2024 ECC

I'm Betting On America With 17% Yields: ECC Year-End Update

America is a bountiful land of income for those seeking wealth from the market. I own the debt of thousands of companies, all of which provide services you enjoy every day. Your retirement is going to be expensive, and this is a prime source of income for you.

12:15 16 Apr 2024 ECC

Buy OFS Capital Term Preferred (OCCIN), Sell Eagle Point (ECCF) Term Preferred

OFS Capital and Eagle Point Credit are very similar closed-end funds holding assets of the same type. Both offer safe-term preferred stocks protected by a 50% leverage limit. OFS Capital term preferred stock, symbol OCCIN, currently offers a 9.23% yield to maturity (annualized return), clearly the best in the sector. On the other hand, Eagle Point Credit's new term preferred, symbol ECCF, has a YTM of only 7.52%, worst in the sector, trades over par, and has the worst taxation.

07:35 16 Apr 2024 ECC

I'm Betting On America With Another 17% Yielder: ECC

The US economy is often underestimated, to the harm of those who do so. I own U.S. corporate debt through various vehicles to achieve high levels of income. True financial security is having a steady income that vastly outweighs your expenses.

10:03 16 Apr 2024 ECC

Preferreds Weekly Review: Comparing Term And Perpetual Preferreds

We take a look at the action in preferreds and baby bonds through the third week of January and highlight some of the key themes we are watching. Preferreds were flat despite rising Treasury yields. Month-to-date, the higher-beta sectors outperformed. There are arguments on both sides when allocating between term and perpetual preferreds.

05:43 16 Apr 2024 ECC

Eagle Point Credit: I Went Heavy On Buying The Preferreds

I've been buying Eagle Point Credit Series D Preferreds since the market selloff in September 2023. These offer an 8.36% yield on cost and are trading for roughly 80 cents on the dollar. A cut to base interest rates this year should support capital appreciation as I continue to collect their monthly dividends.

09:11 16 Apr 2024 ECC

January's 83 Monthly Paid Dividend Stocks And 80 Funds

Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more!. These January U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (83); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 1/11/24.

11:06 16 Apr 2024 ECC

ECC: Worth Avoiding Equity And Instead Taking 8.5% Yielding Preferred Shares

Eagle Point Credit Co LLC is a closed-end investment fund that focuses on investments in equity and junior debt tranches of CLOs. The fund's allocation into speculative CLO structures makes it riskier and more volatile than other yield-seeking funds. I elaborate on ECC's equity and preferred shares and provide a justification on why I consider the 8.5% yielding preferreds more attractive with better risk and return ratio.

ECC Financial details

Company Rating
Buy
Market Cap
853.02M
Income
116.89M
Revenue
122.65M
Book val./share
9.56
Cash/share
0.6
Dividend
1.74
Dividend %
17.38%
Employees
-
Optionable
No
Shortable
Yes
Earnings
21 May 2024
P/E
-3.29
Forward P/E
7.77
PEG
0.18
P/S
-7.77
P/B
0.67
P/C
16.58
P/FCF
-9.61
Quick Ratio
3.38
Current Ratio
3.38
Debt / Equity
0.21
LT Debt / Equity
0.21
-
-
EPS (TTM)
1.69
EPS next Y
1.28
EPS next Q
0.35
EPS this Y
-180.18%
EPS next Y
-24.46%
EPS next 5Y
-24.46%
EPS last 5Y
NAN%
Revenue last 5Y
NAN%
Revenue Q/Q
8.08%
EPS Q/Q
-60.23%
-
-
-
-
SMA20
-
SMA50
-
SMA100
-
Inst Own
32.5%
Inst Trans
1.26%
ROA
-13%
ROE
-20%
ROC
-0.12%
Gross Margin
100%
Oper. Margin
95%
Profit Margin
110%
Payout
-102%
Shs Outstand
85.3M
Shs Float
78.38M
-
-
-
-
Target Price
-
52W Range
8.6-11.79
52W High
-9.55%
52W Low
+24.38%
RSI
41
Rel Volume
1.12
Avg Volume
689.2K
Volume
771.77K
Perf Week
-2.83%
Perf Month
-1.39%
Perf Quarter
7.92%
Perf Half Y
1.63%
-
-
-
-
Beta
0.775
-
-
Volatility
0.11%, 0.09%
Prev Close
-0.5%
Price
9.95
Change
-1.49%

ECC Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
-0.191.983.75-1.981.83
Net income per share
-0.31.883.51-2.171.77
Operating cash flow per share
0.940.04-3.06-1.6-1.21
Free cash flow per share
0.940.04-3.06-1.6-1.21
Cash per share
1.150.150.371.210.69
Book value per share
10.5911.1814.0210.6510.95
Tangible book value per share
13.111.1814.0210.6510.95
Share holders equity per share
10.5911.1814.0210.6510.95
Interest debt per share
3.953.194.133.522.55
Market cap
418.32M326.46M525.38M474.57M638.18M
Enterprise value
485.2M414.5M652.15M568.5M749.45M
P/E ratio
-48.135.363.98-4.665.37
Price to sales ratio
-77.875.13.73-5.125.2
POCF ratio
15.53267.32-4.58-6.33-7.82
PFCF ratio
15.53267.32-4.58-6.33-7.82
P/B Ratio
1.380.910.950.87
PTB ratio
1.380.910.950.87
EV to sales
-90.326.474.63-6.136.11
Enterprise value over EBITDA
-55.826.814.95-6.486.31
EV to operating cash flow
18.01339.41-5.69-7.58-9.19
EV to free cash flow
18.01339.41-5.69-7.58-9.19
Earnings yield
-0.020.190.25-0.210.19
Free cash flow yield
0.060-0.22-0.16-0.13
Debt to equity
0.330.260.270.30.21
Debt to assets
0.210.180.180.20.17
Net debt to EBITDA
-7.691.450.96-1.070.94
Current ratio
10.754.491.993.3898.5
Interest coverage
-0.655.89.11-6.218.71
Income quality
-3.10.02-0.870.72-0.7
Dividend Yield
0.150.120.070.220.23
Payout ratio
-7.080.660.3-1.021.25
Sales general and administrative to revenue
-0.620.050.05-0.080.04
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
8.5121.7633.2922.8120.87
ROIC
-0.110.050.2-0.240.13
Return on tangible assets
-0.020.120.17-0.130.12
Graham Net
-2-3.96-5.61-3.78-1.54
Working capital
41.36M22.27M18.37M65.33M81.55M
Tangible asset value
375.01M361.66M526.19M499.27M735.78M
Net current asset value
-54.15M-122.28M-204.87M-168.13M-136.33M
Invested capital
0.330.260.270.30.21
Average receivables
15.52M18.31M23.48M29.49M35.93M
Average payables
03.19M12.49M23.02M14.13M
Average inventory
110041.56M
Days sales outstanding
-864.89136.1259.77-141.39106.94
Days payables outstanding
0154.99320.74368.838.83
Days of inventory on hand
0000877.65
Receivables turnover
-0.422.686.11-2.583.41
Payables turnover
02.351.140.9941.33
Inventory turnover
8.3M0000.42
ROE
-0.030.170.25-0.20.16
Capex per share
00000

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.520.550.250.510.51
Net income per share
0.160.360.10.880.35
Operating cash flow per share
0.260.310.350.310.31
Free cash flow per share
0.260.310.350.310.31
Cash per share
1.030.220.650.360.6
Book value per share
9.079.989.149.699.56
Tangible book value per share
9.079.989.149.699.56
Share holders equity per share
9.079.989.149.699.56
Interest debt per share
2.83.632.512.762.09
Market cap
557.07M622.45M638.37M730.7M731.01M
Enterprise value
651M808.93M751.4M900.49M842.28M
P/E ratio
15.887.7624.422.896.75
Price to sales ratio
19.2920.1840.8519.9618.47
POCF ratio
38.7936.5229.1132.930.42
PFCF ratio
38.7936.5229.1132.930.42
P/B Ratio
1.121.121.111.050.99
PTB ratio
1.121.121.111.050.99
EV to sales
22.5426.2348.0824.621.29
Enterprise value over EBITDA
51.533.872.2313.4327.19
EV to operating cash flow
45.3447.4634.2740.5535.06
EV to free cash flow
45.3447.4634.2740.5535.06
Earnings yield
0.020.030.010.090.04
Free cash flow yield
0.030.030.030.030.03
Debt to equity
0.30.360.270.280.21
Debt to assets
0.20.260.20.210.17
Net debt to EBITDA
7.437.7910.862.533.59
Current ratio
3.384.55830.76098.5
Interest coverage
3.717.023.0519.689.09
Income quality
1.640.853.360.350.89
Dividend Yield
0.060.080.040.040.05
Payout ratio
3.812.574.360.511.32
Sales general and administrative to revenue
0.280.280.5500
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
5.78.994.6213.848.7
ROIC
-0.030-0.030.070.03
Return on tangible assets
0.010.030.010.070.03
Graham Net
-3.22-3.04-2.3-2.24-1.35
Working capital
65.33M39.04M74.68M081.55M
Tangible asset value
499.27M556.02M574.31M697.94M735.78M
Net current asset value
-168.13M-159.81M-136.38M-224.62M-136.33M
Invested capital
0.30.360.270.280.21
Average receivables
34.13M36.62M35.51M42.2M43.32M
Average payables
18.82M13.71M45K45K418.21K
Average inventory
00.510.541.56M
Days sales outstanding
111.92108.88194.1124.681.75
Days payables outstanding
340.1401.0507.63
Days of inventory on hand
0000758.42
Receivables turnover
0.80.830.460.721.1
Payables turnover
0.26085.92011.79
Inventory turnover
07.81M7.73M00.12
ROE
0.020.040.010.090.04
Capex per share
00000

ECC 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 Ct and trading under the symbol ECC

What is Eagle Point Credit Company Inc. stock quote today ?

Eagle Point Credit Company Inc. stock price is $9.95 today.

Is Eagle Point Credit Company Inc. stock public?

Yes, Eagle Point Credit Company Inc. is a publicly traded company.

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