Ultime notizie per Eagle Point Credit Co (NYSE:ECC) Azioni

Eagle Point Credit Co

Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.

Eagle Point Credit Company Inc. Common Stock

Eagle Point Credit Co Inc

Eagle Point Credit Company Inc. 6.50% Series C Term Preferred Stock due 2031

EAGLE FORD OIL & GAS INC by Eagle Ford Oil & Gas, Corp.

Eagle Ford Oil & Gas Corp

Eagle Point Credit Company Inc. 8.00% Series F Term Preferred Stock due 2029

ECOLOCLEAN INDUSTRIES INC by Ecoloclean Industries, Inc.

Ecoloclean Industries Inc

Eagle Point Credit Company Inc. 5.375% Notes due 2029

Eagle Point Credit Company Inc. 6.75% Notes due 2031

Eagle Point Credit Company Inc. 6.6875% Notes due 2028

Eagle Point Credit Company Inc. 6.75% Series D Preferred Stock

Keefe, Bruyette &amp; Woods analyst Paul Johnson maintains Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) with a Market Perform and lowers the price target from $10.5 to $10.

News

Price Target

Analyst Ratings

Keefe, Bruyette & Woods Maintains Market Perform on Eagle Point Credit Co, Lowers Price Target to $10

Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.31 by 9.68 percent. The company reported quarterly sales of $42.276 million which missed the analyst consensus estimate of $44.842 million by 5.72 percent. This is a 33.22 percent increase over sales of $31.735 million the same period last year.

Earnings

Earnings Misses

Eagle Point Credit Co Q2 2024 GAAP EPS $0.28 Misses $0.31 Estimate, Sales $42.276M Miss $44.842M Estimate

Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) reported quarterly earnings of $0.31 per share which missed the analyst consensus estimate of $0.34 by 8.82 percent. This is a 3.13 percent decrease over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $40.810 million which missed the analyst consensus estimate of $41.452 million by 1.55 percent. This is a 27.86 percent increase over sales of $31.918 million the same period last year.

Eagle Point Credit Co Q1 2024 Adj EPS $0.31 Misses $0.34 Estimate, Sales $40.810M Miss $41.452M Estimate

Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.34 by 8.82 percent. The company reported quarterly sales of $39.40 million which beat the analyst consensus estimate of $38.46 million by 2.43 percent. This is a 21.17 percent increase over sales of $32.52 million the same period last year.

Earnings Beats

Eagle Point Credit Co Q4 2023 GAAP EPS $0.37 Beats $0.34 Estimate, Sales $39.40M Beat $38.46M Estimate

Eagle Point Credit Company announced that it has priced an underwritten public offering of 1,400,000 shares of its 8.00% Series F Term Preferred Stock due 2029 (the &quot;Preferred Stock&quot;) at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $33.6 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.

Eagle Point Credit Prices Public Offering of 1.4M Shares Of Series F Preferred Stock

Offerings

CORRECTION: Eagle Point Credit Company Announces Underwritten Public Offering Of Series F Preferred Stock; Terms Not Disclosed

The Preferred Stock is expected to be listed on the New York Stock Exchange and to trade thereon within 30 days of the original issue date under the symbol "ECCF."
The Preferred Stock is expected to be listed on the New York Stock Exchange and to trade thereon within 30 days of the original issue date under the symbol "ECCF."

Eagle Point Credit Company Announces Underwritten Public Offering Of Series F Preferred Stock; Terms Not Disclosed

Tuesday marks the last chance for investors to receive the next dividend payout from Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>). 
<h3>What's Happening</h3>
The company announced on Wednesday that it would pay shareholders a monthly dividend of 14 cents per share. On Wednesday, Eagle Point Credit Co will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 14 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own ECC as of the end of Tuesday's session are eligible to receive the 14 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on January 31, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on Eagle Point Credit Co <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Dividends

Tuesday Is Your Last Chance To Buy Eagle Point Credit Co Before The Dividend Payout

Eagle Point Credit Co Q3 NAV Per Share $9.33 As of September 30, 2023, +7.0% Vs. June 30, 2023.

Eagle Point Credit Co Q3 NII And Realized Capital Gains $0.35 Beats $0.33 Estimate

B. Riley Securities analyst Matt Howlett reiterates Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) with a Buy and maintains $12 price target.

Reiteration

B. Riley Securities Reiterates Buy on Eagle Point Credit Co, Maintains $12 Price Target

Keefe, Bruyette &amp; Woods analyst Ryan Lynch maintains Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) with a Market Perform and lowers the price target from $11 to $10.

Eagle Point Credit Co NII $0.32

Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) is set to give its latest quarterly earnings report on Tuesday, 2023-08-15. Here's what investors need to know before the announcement.
Analysts estimate that Eagle Point Credit Co will report an earnings per share (EPS) of $0.37. 
Eagle Point Credit Co bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.22, which was followed by a 2.33% drop in the share price the next day.
Here's a look at Eagle Point Credit Co's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.54</td>
<td>0.39</td>
<td>0.42</td>
<td>0.41</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.32</td>
<td>0.33</td>
<td>0.47</td>
<td>0.43</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.33%</td>
<td>0.9%</td>
<td>-2.25%</td>
<td>-1.17%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1692025297_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Eagle Point Credit Co were trading at $10.36 as of August 11. Over the last 52-week period, shares are down 12.84%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/ECC/earnings">To track all earnings releases for Eagle Point Credit Co visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Eagle Point Credit Co Earnings Preview

B. Riley Securities analyst Matt Howlett maintains Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) with a Buy and lowers the price target from $13 to $12.

B. Riley Securities Maintains Buy on Eagle Point Credit Co, Lowers Price Target to $12

Thomas P Majewski, CEO at Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>), reported a large insider buy on June 1, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001604174/000161769423000001//Archives/edgar/data/1604174/000161769423000001/0001617694-23-000001-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Majewski purchased 3,000 shares of Eagle Point Credit Co. The total transaction amounted to $62,400. 
Eagle Point Credit Co shares are trading up 0.44% at $10.16 at the time of this writing on Thursday morning.
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<h3>The Importance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
In legal terms, an "insider" refers to any shareholder who owns at least 10% of a company. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Important Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001604174">Check Out The Full List Of Eagle Point Credit Co's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

62K Reasons To Be Bullish On Eagle Point Credit Co Stock

Keefe, Bruyette &amp; Woods has decided to maintain its Market Perform rating of Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) and lower its price target from $12.00 to $11.00.
Shares of Eagle Point Credit Co are trading down 2.13% over the last 24 hours, at $10.48 per share.
A move to $11.00 would account for a 4.94% increase from the current share price.
<h3>About Eagle Point Credit Co</h3>
Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.
<h3>About Analyst Ratings</h3>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Keefe, Bruyette & Woods Maintains Market Perform Rating for Eagle Point Credit Co: Here's What You Need To Know

Keefe, Bruyette &amp; Woods analyst Ryan Lynch maintains Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) with a Market Perform and lowers the price target from $12 to $11.

Keefe, Bruyette & Woods Maintains Market Perform on Eagle Point Credit Co, Lowers Price Target to $11

<h3>Companies Reporting Before The Bell</h3>
&bull; ATRenew (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RERE#NYSE">RERE</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $405.22 million.
&bull; Endava (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAVA#NYSE">DAVA</a>) is expected to report quarterly earnings at $0.66 per share on revenue of $251.01 million.
&bull; Dick&#39;s Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) is estimated to report quarterly earnings at $3.18 per share on revenue of $2.80 billion.
&bull; Lowe&#39;s Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) is estimated to report quarterly earnings at $3.44 per share on revenue of $21.60 billion.
&bull; T2 Biosystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTOO#NASDAQ">TTOO</a>) is expected to report quarterly loss at $1.20 per share on revenue of $2.33 million.
&bull; Kingsoft Cloud Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>) is projected to report quarterly loss at $0.23 per share on revenue of $282.80 million.
&bull; Zepp Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZEPP#NYSE">ZEPP</a>) is projected to report quarterly loss at $0.02 per share on revenue of $122.93 million.
&bull; Affimed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFMD#NASDAQ">AFMD</a>) is estimated to report quarterly loss at $0.21 per share on revenue of $5.69 million.
&bull; Vipshop Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIPS#NYSE">VIPS</a>) is likely to report quarterly earnings at $0.37 per share on revenue of $3.72 billion.
&bull; Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) is likely to report quarterly earnings at $3.16 per share on revenue of $312.00 million.
&bull; Borr Drilling (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BORR#NYSE">BORR</a>) is likely to report quarterly earnings at $0.01 per share on revenue of $177.00 million.
&bull; Cool Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLCO#NYSE">CLCO</a>) is projected to report earnings for its first quarter.
&bull; Jumia Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>) is expected to report quarterly loss at $0.36 per share on revenue of $50.50 million.
&bull; Seadrill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SDRL#NYSE">SDRL</a>) is likely to report earnings for its first quarter.
&bull; BJ&#39;s Wholesale Club (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) is likely to report quarterly earnings at $0.85 per share on revenue of $4.80 billion.
&bull; AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) is projected to report quarterly earnings at $31.42 per share on revenue of $4.12 billion.
&bull; REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) is estimated to report quarterly loss at $0.07 per share on revenue of $550 thousand.
&bull; IHS Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHS#NYSE">IHS</a>) is likely to report quarterly earnings at $0.18 per share on revenue of $569.97 million.
&bull; Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) is projected to report quarterly earnings at $0.54 per share on revenue of $35.36 million.
&bull; Eagle Point Income (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIC#NYSE">EIC</a>) is projected to report earnings for its first quarter.
&bull; Citi Trends (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTRN#NASDAQ">CTRN</a>) is expected to report quarterly loss at $0.30 per share on revenue of $180.25 million.
<h3>Companies Reporting After The Bell</h3>
&bull; New Relic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEWR#NYSE">NEWR</a>) is estimated to report quarterly earnings at $0.22 per share on revenue of $241.10 million.
&bull; Hesai Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) is projected to report quarterly loss at $0.09 per share on revenue of $57.43 million.
&bull; LexinFintech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LX#NASDAQ">LX</a>) is likely to report earnings for its first quarter.
&bull; Corporacion America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAAP#NYSE">CAAP</a>) is estimated to report quarterly earnings at $0.08 per share on revenue of $344.73 million.
&bull; Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) is expected to report quarterly earnings at $0.14 per share on revenue of $56.50 million.
&bull; Banco BBVA Argentina (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAR#NYSE">BBAR</a>) is projected to report earnings for its first quarter.
&bull; Nautilus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NLS#NYSE">NLS</a>) is likely to report quarterly loss at $0.50 per share on revenue of $57.07 million.
&bull; Urban Outfitters (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>) is projected to report quarterly earnings at $0.35 per share on revenue of $1.09 billion.
&bull; Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) is expected to report quarterly earnings at $0.93 per share on revenue of $1.71 billion.
&bull; Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) is estimated to report quarterly earnings at $1.91 per share on revenue of $2.06 billion.
&bull; VF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) is projected to report quarterly earnings at $0.14 per share on revenue of $2.73 billion.
&bull; Intuit (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>) is likely to report quarterly earnings at $8.48 per share on revenue of $6.10 billion.
&bull; Agilent Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/A#NYSE">A</a>) is expected to report quarterly earnings at $1.26 per share on revenue of $1.67 billion.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

AFMD

BBAR

BORR

CAAP

CLCO

CTRN

DAVA

HSAI

INTU

JMIA

NEWR

OOMA

PANW

RERE

SDRL

TTOO

URBN

VIPS

ZEPP

Earnings Scheduled For May 23, 2023

Eagle Point Credit Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECC#NYSE">ECC</a>) is set to give its latest quarterly earnings report on Tuesday, 2023-05-23. Here's what investors need to know before the announcement.
Analysts estimate that Eagle Point Credit Co will report an earnings per share (EPS) of $0.54. 
Eagle Point Credit Co bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.06, which was followed by a 0.9% increase in the share price the next day.
Here's a look at Eagle Point Credit Co's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2022</th>
<th>Q3 2022</th>
<th>Q2 2022</th>
<th>Q1 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.39</td>
<td>0.42</td>
<td>0.41</td>
<td>0.4</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.33</td>
<td>0.47</td>
<td>0.43</td>
<td>0.4</td>
</tr>
<tr>
<td>Price Change %</td>
<td>0.9%</td>
<td>-2.25%</td>
<td>-1.17%</td>
<td>1.93%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2023/1684767704_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Eagle Point Credit Co were trading at $10.84 as of May 19. Over the last 52-week period, shares are down 13.0%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/ECC/earnings">To track all earnings releases for Eagle Point Credit Co visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Eagle Point Credit Co

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