Eagle Point Credit Company (NYSE: ECC) — Company Overview, News & Financial Data
Eagle Point Credit Company focuses on income generation in the U.S. CLO market through equity and junior debt tranches.
Eagle Point Credit Company
Eagle Point Credit Company (NYSE:ECC) is primarily focused on investment strategies in the U.S. collateralized loan obligation (CLO) market, aiming to generate income by investing in equity and junior debt tranches of CLOs. With a keen eye on diversified and risk-adjusted returns, Eagle Point seeks to capitalize on opportunities that arise from complexities and inefficiencies within the CLO sector. The company targets investments that offer appealing cash flow characteristics, underpinned by a rigorous credit analysis process. Eagle Point's objective is to deliver sustainable distributions to its shareholders, leveraging its expertise to navigate the intricate landscape of leveraged finance. The company's strategic endeavors underscore its commitment to maximizing shareholder value through diligent investment selection and active portfolio management.
Snapshot
Operations
Products and/or services of Eagle Point Credit Company
- Investment in Collateralized Loan Obligations (CLOs) - Targeting a range of CLO structures to generate income and capital appreciation.
- Senior Secured Loans - Providing financing solutions with secured senior positions in the capital structure.
- Equity Offerings - Issuing equity to raise capital for investments and operational needs.
- Debt Issuances - Raising funds through the issuance of corporate bonds or other debt instruments.
- Direct Lending - Offering direct financing to middle-market companies for growth or acquisitions.
- Share Buyback Programs - Repurchasing shares to manage capital efficiency and shareholder value.
Eagle Point Credit Company executive team
- Thomas Philip MajewskiCEO & Interested Director
- Kenneth Paul OnorioCFO & COO
- Kyle William McGradyDirector of Marketing and Investor Relations
- Nauman S. MalikGeneral Counsel & Chief Compliance Officer
- Courtney Barrett FandrickSecretary
Dividend history
Dividends per share paid by Eagle Point Credit Company, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $0.9600 |
| FY2025 | — | — | — | $1.6800 |
| FY2024 | — | — | — | $1.9200 |
| FY2023 | — | — | — | $2.0400 |
| FY2022 | — | — | — | $2.3700 |
Key financials
Reported results for Eagle Point Credit Company, in USD.
- Market cap
- 301.9M
- Revenue (TTM)
- 183.5M
- P/E ratio
- —
- EPS (diluted, TTM)
- -1.3
- Dividend yield
- 54.8%
- Profit margin
- -80.9%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 116.1M | -87.4M | -134.4M | |
| 115.9M | 85.5M | 80.3M | |
| 136.3M | 118.8M | 118.8M | |
| -92.7M | -87.7M | -101.8M |