EIC

Eagle Point Income Co

13.08 USD
-0.07
0.53%
At close Jun 13, 4:00 PM EDT
After hours
13.02
-0.06
0.46%
1 day
-0.53%
5 days
0.31%
1 month
-8.08%
3 months
-14.73%
6 months
-15.45%
Year to date
-17.32%
1 year
-16.79%
5 years
-3.11%
10 years
-33.09%
 

About: Eagle Point Income Co Inc is a closed-end management investment company. Its primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. The Company seeks to achieve its investment objectives by investing in junior debt tranches of collateralized loan obligations, or "CLOs," that are collateralized by a portfolio consisting of below-investment grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors.

0
Funds holding %
of 7,296 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

300% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 2

114% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 7

35% more funds holding

Funds holding: 23 [Q4 2024] → 31 (+8) [Q1 2025]

14% more capital invested

Capital invested by funds: $69.1M [Q4 2024] → $79.1M (+$10M) [Q1 2025]

6.5% more ownership

Funds ownership: 34.32% [Q4 2024] → 40.82% (+6.5%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

Research analyst outlook

We haven’t received any recent analyst ratings for EIC.

Financial journalist opinion

Based on 7 articles about EIC published over the past 30 days

Negative
Seeking Alpha
4 hours 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.
CEF Weekly Review: Loan CEF Valuations Deflating With Rates
Positive
Seeking Alpha
4 days 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.
EIC: Adding This 11.7%-Yielding CLO Fund On The Drop
Negative
Seeking Alpha
4 days 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.
Eagle Point Income: Leveraged Company Offering Leveraged Loans To Other Leveraged Companies
Positive
Seeking Alpha
5 days 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.
EIC: Reduced Dividend, But Greater Appeal
Neutral
Business Wire
6 days 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.
Eagle Point Income Company Inc. Announces Common Stock Repurchase Program
Neutral
Seeking Alpha
2 weeks ago
Eagle Point Income Co Inc (EIC) Q1 2025 Earnings Call Transcript
Eagle Point Income Co Inc (EIC) Q1 2025 Earnings Call Transcript
Eagle Point Income Co Inc (EIC) Q1 2025 Earnings Call Transcript
Neutral
Business Wire
2 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.
Eagle Point Income Company Inc. Announces First Quarter 2025 Financial Results and Declares Third Quarter 2025 Common and Preferred Distributions
Neutral
Business Wire
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,.
Eagle Point Income Company Inc. Schedules Release of First Quarter 2025 Financial Results on Wednesday, May 28, 2025
Neutral
Seeking Alpha
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.
7 Closed-End Fund Buys (And 4 Sells) In The Month Of April 2025
Positive
Seeking Alpha
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.
Eagle Point Income Term Preferred: Still Rate EICC A Buy
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