Eagle Point Income Company Inc. Price & Performance (EICC)

Eagle Point Income Company Inc. achieved a 21% return on equity for 2024, with $52.3 million in recurring cash distributions. The company's net asset value per share increased slightly to $14.99 by year-end 2024. Management remains optimistic about delivering long-term returns despite falling interest rates.123

Eagle Point Credit Company Inc. shares dropped to a 12-month low of $8.16, reflecting a 15.72% decline over the past year. Despite this, the company maintains a 20.88% dividend yield and strong cash flow, covering dividends by 188% in Q4 2024, showcasing resilience in challenging conditions.456

Financial analysts have revised Eagle Point Credit's price target to $9, citing a slight miss in net investment income. The company’s active CLO management, including 16 resets in Q4 2024, aims to enhance future income. Despite a 9% NAV decline in 2024, dividend payments remain robust.789