Financial Services -
Asset Management - Income - NYSE - US
$ 15.805
-0.597 %
$ 205 M
Market Cap
5.62
P/E
1. INTRINSIC VALUE
Balance Sheet
Eagle Point Income Company Inc.
| Current Assets | 8.81 M |
| Cash & Short-Term Investments | 944 K |
| Receivables | 7.04 M |
| Other Current Assets | 826 K |
| Non-Current Assets | 235 M |
| Long-Term Investments | 235 M |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 17.6 M |
| Accounts Payable | 144 K |
| Short-Term Debt | 14.5 M |
| Other Current Liabilities | 2.92 M |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Eagle Point Income Company Inc.
| Revenue | 26.8 M |
| Cost Of Revenue | 3.88 M |
| Gross Profit | 22.9 M |
| Operating Expenses | 5.86 M |
| Operating Income | 17 M |
| Other Expenses | -12.3 M |
| Net Income | 29.3 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Eagle Point Income Company Inc.
| Net Income | 29.3 M |
| Depreciation & Amortization | 15.5 M |
| Capital Expenditures | 4 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -2.47 M |
| Others | -90.6 M |
| Free Cash Flow | -63.4 M |
Wall Street Analysts Price Targets
Eagle Point Income Company Inc.
Wall Street analysts predict an average 1-year price target for EIC of $17.5 , with forecasts ranging from
a
low of
$17.5 to a high of $17.5 .
EIC Lowest Price Target
Wall Street Target
17.5 USD
10.72%
EIC Average Price Target
Wall Street Target
17.5 USD
10.72%
EIC Highest Price Target
Wall Street Target
17.5 USD
10.72%
4. DIVIDEND
ANALYSIS
3.43%
DIVIDEND YIELD
0.2 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Eagle Point Income Company Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 years ago
Oct 18, 2022
|
Bought
21.9 K USD
|
Majewski Thomas P.
Chairman/CEO
|
+ 1000
|
21.92 USD |
|
2 years ago
Jun 15, 2022
|
Bought
2.32 K USD
|
Majewski Thomas P.
Chairman/CEO
|
+ 100
|
23.17 USD |
|
3 years ago
Nov 17, 2021
|
Bought
36 K USD
|
Majewski Thomas P.
Chairman/CEO
|
+ 2000
|
18 USD |
|
3 years ago
Sep 16, 2021
|
Bought
16.1 K USD
|
Majewski Thomas P.
Chairman/CEO
|
+ 950
|
16.95 USD |
|
3 years ago
Sep 15, 2021
|
Bought
848 USD
|
Majewski Thomas P.
Chairman/CEO
|
+ 50
|
16.95 USD |
|
3 years ago
Sep 14, 2021
|
Bought
51.2 K USD
|
Majewski Thomas P.
Chairman/CEO
|
+ 3000
|
17.08 USD |
|
4 years ago
Apr 22, 2020
|
Bought
11.6 K USD
|
Malik Nauman S.
CCO
|
+ 1250
|
9.27 USD |
|
4 years ago
Apr 22, 2020
|
Bought
4.58 K USD
|
Onorio Kenneth P.
CFO/COO
|
+ 500
|
9.15 USD |
|
4 years ago
Apr 21, 2020
|
Bought
4.8 K USD
|
Onorio Kenneth P.
CFO/COO
|
+ 500
|
9.59 USD |
|
4 years ago
Apr 17, 2020
|
Bought
10.4 K USD
|
Majewski Thomas P.
Chairman and CEO
|
+ 1000
|
10.4 USD |
|
5 years ago
Jul 24, 2019
|
Bought
201 K USD
|
Majewski Thomas P.
CEO
|
+ 10100
|
19.89 USD |
|
5 years ago
Jul 24, 2019
|
Bought
55 K USD
|
Weiss Jeffrey L.
Director
|
+ 2765
|
19.89 USD |
|
5 years ago
Jul 24, 2019
|
Bought
105 K USD
|
Ko Daniel W.
|
+ 5275
|
19.89 USD |
|
5 years ago
Jul 24, 2019
|
Bought
75 K USD
|
Tramontano Paul E.
Director
|
+ 3770
|
19.89 USD |
|
5 years ago
Jul 24, 2019
|
Bought
400 K USD
|
EPCM Holdings LLC
|
+ 20110
|
19.89 USD |
|
5 years ago
Jul 24, 2019
|
Bought
106 K USD
|
Spinner Daniel M.
|
+ 5325
|
19.89 USD |
|
5 years ago
Jul 24, 2019
|
Bought
4.97 K USD
|
Spinner Daniel M.
|
+ 250
|
19.89 USD |
|
5 years ago
Jul 24, 2019
|
Bought
55 K USD
|
Onorio Kenneth P.
CFO/COO
|
+ 2765
|
19.89 USD |
|
5 years ago
Jul 24, 2019
|
Bought
75 K USD
|
Appleby Scott W.
Director
|
+ 3770
|
19.89 USD |
|
5 years ago
Jul 24, 2019
|
Bought
55 K USD
|
McDonald Kevin F.
Director
|
+ 2765
|
19.89 USD |
7. News
Eagle Point Income Co Inc. (EIC) Q4 2024 Earnings Call Transcript
Eagle Point Income Co Inc. (NYSE:EIC ) Q4 2024 Earnings Conference Call February 20, 2025 11:30 AM ET Company Participants Peter Sceusa – ICR Tom Majewski – Chairman and Chief Executive Officer Dan Ko – Senior Principal and Portfolio Manager Lena Umnova – Chief Accounting Officer Conference Call Participants Mickey Schleien – Ladenburg Thalmann Operator Ladies and gentlemen, greetings, and welcome to the Eagle Point Income Company Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 1 week ago
Eagle Point Income Company Inc. Announces Fourth Quarter and Full Year 2024 Financial Results
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced financial results for the quarter and full year ended December 31, 2024 and certain additional activity through January 31, 2025. “Our fourth quarter performance capped off another excellent year for the Company. We continue to generate strong cash flows and generated a return on equity of 21.0% for 2024,” said Thomas P. Majewski, Chairman and Chief Executive Officer.
businesswire.com
- 1 week ago
CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains
We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity and Muni sectors, and year-to-date gains in both NAVs and discounts. We take a look at why preferred CEFs have sharply outperformed their ETF counterparts last year.
seekingalpha.com
- 2 weeks ago
CEF Weekly Review: CLO Equity CEFs Put Up Varying Performance
We review the CEF market valuation and performance through the last week of January and highlight recent market action. CEFs had a mixed week, with Municipal sectors outperforming due to a drop in Treasury yields; January reversed nearly all December CEF losses. CLO Equity CEFs showed varied returns with EIC exhibiting unusual returns.
seekingalpha.com
- 3 weeks ago
Eagle Point Income Company Inc. Schedules Release of Fourth Quarter 2024 and Year-End 2024 Financial Results on Thursday, February 20, 2025
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter and fiscal year ended December 31, 2024 on Thursday, February 20, 2025. The Company will discuss its financial results on a conference call on that day at 11:30 a.m. (Eastern Time). Thomas P. Majewski, Chairman and Chief Executive Officer, will host the call along with Lena Umnova, the Investment Adviser's Chie.
businesswire.com
- 3 weeks ago
Yield Hunting (Part 1): EICC - An 8.2% YTM Addition To Our Short-Duration Portfolio
Eagle Point Income Co.'s 8.0% Series C Term Preferred Stock offers an attractive yield and strong protection due to its CLO-Debt-heavy portfolio. EICC pays an 8% annual cumulative dividend, has a maturity date in 2029, and is currently trading with a Yield to Maturity of 8.22%. The company's capital structure and mandatory asset coverage covenants provide confidence in the preservation of principal for preferred stock investors.
seekingalpha.com
- 1 month ago
Eagle Point Credit CEO Tom Majewski On Funds And Income
Founder and CEO Tom Majewski explains Eagle Point's two funds, ECC and EIC, and offering high monthly distributions to investors. CLOs, backed by senior secured loans to large corporations, provide robust cash flow and have shown resilience across multiple credit cycles.
seekingalpha.com
- 1 month ago
Eagle Point Income: 2-Year Term Preferred Offers 7.3% Yield To Maturity
I recommend Eagle Point Income's preferred shares Series A due to their appealing yield to maturity of 7.3-7.4% and strong asset coverage ratio exceeding 300%. EIC's net investment income of $8.6M comfortably covers preferred dividends, ensuring a solid income stream and financial stability. The balance sheet shows $405M in assets against $130M in liabilities, enhancing the safety of preferred shares.
seekingalpha.com
- 1 month ago
Preferreds Weekly Review: Market Doesn't Differentiate Between CLO Equity Senior Securities
We take a look at the action in preferreds and baby bonds through the third week of December and highlight some of the key themes we are watching. All preferred stock sectors declined, mirroring Treasuries, with CMT-linked preferreds up 1.4%, SOFR preferreds flat, and fixed-rate preferreds down 2.8% in December. CLO Equity CEF PDCC issued a new 8% 2029 term preferred.
seekingalpha.com
- 2 months ago
Three Buys In This Fed-Fueled Sell Off
The Fed's revised guidance for only two rate cuts in 2025 caused market panic, despite a current rate cut to 4.25-4.5%. Floating rate instruments like CLOs remain attractive due to their high-yield and low volatility, especially with rates staying above 4%. I identify one ETF and two CEFs for investors looking to take advantage of this panic and new course for the Fed.
seekingalpha.com
- 2 months ago
Seeking Yields Of +15%
High yields from closed-end funds can regularly provide you with a massive supply of cash. Cash is how we pay our bills, not our portfolio value. Your retirement portfolio is a bedrock part of your retirement financial plan.
seekingalpha.com
- 2 months ago
Eagle Point Income: Q3 Earnings Reinforces Portfolio Strength
Eagle Point Income (EIC) operates as a closed end fund that supported its high 14.7% dividend yield through a portfolio of CLO debt and equity investments. The recent Q3 earnings report provides reassurance of EIC's earnings potential in a changing interest rate environment. The rate of borrower defaults remain low and there are few borrower maturities until 2027, providing a long runway of steadily earnings.
seekingalpha.com
- 3 months ago
8. Profile
Summary
Eagle Point Income Company Inc. EIC
COUNTRY
US
INDUSTRY
Asset Management - Income
MARKET CAP
$ 205 M
Dividend Yield
3.43%
Description
Eagle Point Income Company manages capital on behalf of institutional, high-net-worth, and retail investors through private funds, separately managed accounts, and publicly-listed closed-end vehicles. They provide CLO securities and related investments. The investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
Contact
600 Steamboat Road, Greenwich, CT, 06830
None
IPO
Date
July 24, 2019
Employees
None
Officers
Mr. Nauman S. Malik
Chief Compliance Officer
Ms. Courtney Barrett Fandrick
Secretary
Mr. Kenneth Paul Onorio CPA
Chief Financial Officer & Chief Operating Officer
Mr. Thomas Philip Majewski CPA
Chairperson & Chief Executive Officer