Financial Services -
Asset Management - Income - NYSE - US
$ 13.4
0.149 %
$ 340 M
Market Cap
4.77
P/E
1. INTRINSIC VALUE
Balance Sheet
Eagle Point Income Company Inc.
| Current Assets | 8.1 M |
| Cash & Short-Term Investments | 8.1 M |
| Receivables | 11.2 M |
| Other Current Assets | -11.2 M |
| Non-Current Assets | 436 M |
| Long-Term Investments | 436 M |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 0 |
| Accounts Payable | 88.2 K |
| Short-Term Debt | 0 |
| Other Current Liabilities | -88.2 K |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Eagle Point Income Company Inc.
| Revenue | 45.7 M |
| Cost Of Revenue | 2.68 M |
| Gross Profit | 43 M |
| Operating Expenses | 4.12 M |
| Operating Income | 41.6 M |
| Other Expenses | 0 |
| Net Income | 41.6 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Eagle Point Income Company Inc.
| Net Income | 41.6 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -3.24 M |
| Others | -195 M |
| Free Cash Flow | -157 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
30.60%
EIC Average Price Target
Wall Street Target
17.5 USD
30.60%
EIC Highest Price Target
Wall Street Target
17.5 USD
30.60%
4. DIVIDEND
ANALYSIS
2.78%
DIVIDEND YIELD
0.13 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
7. News
5 Closed-End Fund Buys In The Month Of May 2025
The market saw a strong continuing recovery in May from April's market drop. The rebound was enough to see the drop recover entirely that was seen in April, but the markets still remain off all-time highs seen in February. While there wasn't as much in terms of opportunity for buying as there was in April, I add to my CEF positions every month regardless.
seekingalpha.com
- 2 weeks ago
CEF Weekly Review: Loan CEF Valuations Deflating With Rates
We review the CEF market valuation and performance through the first week of June and highlight recent market action. Loan CEF valuations have underperformed as Fed rate cuts led to distribution reductions, reversing prior outperformance from the hiking cycle. A couple of Nuveen CEFs have trimmed distributions, with few distribution changes elsewhere.
seekingalpha.com
- 2 weeks ago
EIC: Adding This 11.7%-Yielding CLO Fund On The Drop
EIC's recent distribution cut and price drop present an attractive buying opportunity, with the fund now yielding 11.7% and trading at a sizable discount. EIC stands out for its majority CLO Debt allocation, sector-leading low management fees, and lack of incentive fees, enhancing income efficiency for investors. Despite income pressure from falling rates and loan spread compression, EIC remains the best-performing CLO CEF in total NAV terms over 1–3 years.
seekingalpha.com
- 3 weeks ago
Eagle Point Income: Leveraged Company Offering Leveraged Loans To Other Leveraged Companies
Despite declines in many CLO-based funds this year, investors and analysts remain optimistic, citing low default rates on CLO junior debt tranches and high yields. I suspect analysts are too focused on backward-looking measures and are overlooking the many signs that the credit cycle has peaked, such as the surge in corporate debt interest-to-GDP. From last year through around 2027, a considerable portion of high-risk companies will refinance debts at much higher costs, increasing default risk if the economy slows simultaneously.
seekingalpha.com
- 3 weeks ago
EIC: Reduced Dividend, But Greater Appeal
EIC remains a buy despite recent distribution cuts and price decline, offering a compelling 12% yield and monthly payouts for income-focused investors. Shares now trade at an 8.5% discount to NAV, a rare opportunity given EIC's historical premium, enhancing long-term value for patient investors. EIC's fundamentals are strong: low default rates, diversified portfolio, and recurring cash flows that comfortably cover distributions, even after the dividend reduction.
seekingalpha.com
- 3 weeks ago
Eagle Point Income Company Inc. Announces Common Stock Repurchase Program
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that its board of directors has authorized a program to repurchase up to $50 million of the Company's common stock in the open market. The repurchase program will remain in effect until June 9, 2026, unless otherwise extended or earlier discontinued. The timing, manner, price and amount of any repurchases will depend on the Company's stock price, market conditions, ap.
businesswire.com
- 3 weeks ago
Eagle Point Income Company Inc. Announces First Quarter 2025 Financial Results and Declares Third Quarter 2025 Common and Preferred Distributions
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced financial results for the quarter ended March 31, 2025 and certain additional activity through April 30, 2025, and declared distributions on shares of the Company's common and preferred stock. “We capitalized on the downturn in the latter part of Q1 by deploying capital into CLO debt at discounted prices,” said Thomas P. Majewski, Chairman and Chief Executive Officer.
businesswire.com
- 1 month ago
Eagle Point Income Company Inc. Schedules Release of First Quarter 2025 Financial Results on Wednesday, May 28, 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 ended March 31, 2025, on Wednesday, May 28, 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 Chief Accounting Officer,.
businesswire.com
- 1 month ago
7 Closed-End Fund Buys (And 4 Sells) In The Month Of April 2025
April's market volatility, driven by tariffs and led by tech sector declines, created opportunities to deploy cash. However, it was an opportunity to reposition my portfolio as well, with 2 swap trades to de-risk my portfolio. There were 2 corporate actions in the last month that also saw two more positions removed from my CEF portfolio, but overall, I was a net buyer for the month.
seekingalpha.com
- 1 month ago
Eagle Point Income Term Preferred: Still Rate EICC A Buy
I recommend Eagle Point Income Company Inc.'s term preferred stocks (EICB and EICC) over iShares iBonds ETFs for higher current income and better value. EIC term preferreds offer attractive yields and are protected by a 200% asset coverage rule, minimizing default risk. iShares iBonds ETFs provide diversified high-yield bond exposure but face reinvestment risk and potential defaults, impacting yield-to-maturity.
seekingalpha.com
- 1 month ago
Eagle Point Income: Let's Talk CLOs
EIC invests mainly in junior debt of CLOs, offering higher yields with managed risk, and has outperformed ECC with stable NAV and distribution sustainability. EIC focuses on broadly syndicated loan CLOs, which are more liquid and transparent, while selectively investing in higher-risk CLO equity. The CLO market is robust, with private credit funds growing rapidly, potentially benefiting BSL CLO performance by shedding lower-rated borrowers.
seekingalpha.com
- 1 month ago
It's Raining CLO Equity CEFs And Why We Got Longer
The CLO Equity CEF sector has doubled in size over the past two years, driven by new entrants and favorable market conditions. Key catalysts include a benign default environment, tightening credit spreads, and the attractiveness of floating-rate assets amid a flat/inverted yield curve. CLO Equity funds benefit from embedded options like reinvestment and call options, which enhance returns during periods of market volatility.
seekingalpha.com
- 1 month ago
8. Profile
Summary
Eagle Point Income Company Inc. EIC
COUNTRY
US
INDUSTRY
Asset Management - Income
MARKET CAP
$ 340 M
Dividend Yield
2.78%
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
http://eaglepointincome.com
IPO
Date
July 24, 2019
Employees
None
Officers
Mr. Kenneth Paul Onorio CPA
Chief Financial Officer & Chief Operating Officer
Mr. Nauman S. Malik J.D.
Chief Compliance Officer
Ms. Courtney Barrett Fandrick
Secretary
Mr. Thomas Philip Majewski CPA
Chairperson & Chief Executive Officer