Summary
9.72 -0.03(-0.31%)09/27/2024
Eagle Point Credit Company Inc (ECC)
Eagle Point Credit Company Inc (ECC)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.31 | -0.41 | -2.02 | -3.37 | -4.05 | -3.14 | 26.97 | 31.86 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 9.72 | |
| Open | 9.77 | |
| High | 9.77 | |
| Low | 9.72 | |
| Volume | 456,962 | |
| Change | -0.03 | |
| Change % | -0.31 | |
| Avg Volume (20 Days) | 753,061 | |
| Volume/Avg Volume (20 Days) Ratio | 0.61 | |
| 52 Week Range | 8.60 - 10.49 | |
| Price vs 52 Week High | -7.34% | |
| Price vs 52 Week Low | 13.02% | |
| Range | -0.51 | |
| Gap Up/Down | 0.00 | |
Fundamentals | ||
| Market Capitalization (Mln) | 832 | |
| EBIDTA | 0 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 0.0000 | |
| Earnings Per Share | 0.0000 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 0.0000 | |
| Revenues | ||
| Profit Marging | 0.0000 | |
| Operating Marging (TTM) | 0.0000 | |
| Return on asset (TTM) | 0.0000 | |
| Return on equity (TTM) | 0.0000 | |
| Revenue TTM | 0 | |
| Revenue per share TTM | 0.0000 | |
| Quarterly Revenue Growth (YOY) | 0.0000 | |
| Quarterly Earnings Growth (YOY) | 0.0000 | |
| Gross Profit (TTM) | 0 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.0000 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 0 | |
| Shares Float | 0 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 0.00 | |
09/17 14:40 EST - https://www.prnewswire.com
AI-Driven Market Transformation, Emission Control Catalysts Market to Grow by USD 4.01 Billion (2024-2028) Boosted by Global Automotive Sector - Technavio Report
NEW YORK, Sept. 17, 2024 /PRNewswire/ -- Report with the AI impact on market trends- The global emission control catalysts market size is estimated to grow by USD 4.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 5.68% during the forecast period. Growth in global automotive sector is driving market growth, with a trend towards emerging markets to provide significant prospects for ECCs. However, growing popularity of evs poses a challenge. Key market players include AeriNOx Inc., Ashland Inc., BASF SE, Catalytic Combustion Corp., CDTi Advanced Materials Inc., Clariant International Ltd., CORMETECH Inc., Cummins Inc., DCL International Inc., DieselNet, Evonik Industries AG, Honeywell International Inc., Ibiden Co. Ltd., Johnson Matthey Plc, S and P Global Inc., Solvay SA, Tenneco Inc., Topsoes AS, Toyota Motor Corp., and Umicore SA. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver The Emission Control Catalysts (ECCs) market is anticipated to experience significant growth, particularly in developing countries. APAC is the largest market for light- and medium-weight vehicles, accounting for over 50% of the global automotive market. China, as a leading country in APAC, is a key consumer and sourcing hub for raw materials. Japan, a mature automotive market and leading producer, also contributes to the market. India, now a top-five automotive market, and Thailand are other significant players. Rapidly increasing automotive production in APAC, driven by rising disposable income and low labor costs in countries like Vietnam and Indonesia, will likely boost ECC demand, benefiting manufacturers during the forecast period. The Emission Control Catalysts (ECC) market is experiencing significant growth due to increasing emission standards for both mobile and stationary sources. Automobile manufacturers and the mining industry are major consumers of ECCs, particularly catalytic converters for automobiles and SCR systems for power generation plants. The automotive sector, including lighter vehicles and hybrid vehicles, is driving demand for gasoline auto catalysts and diesel engines catalysts. Harmful chemicals like nitrogen oxides, hydrocarbons, and carbon monoxide are being effectively controlled through the use of PGMs in ECCs. The industrial sector, including the mining industry, is also addressing industrial emissions and environmental issues by implementing ECCs. Financial incentives such as stimulus packages, purchase bonuses, and tax savings are encouraging the adoption of ECCs. Rapid industrialization and rising oil prices are further boosting the ECC market. The market for ECCs is expected to continue growing as stricter emission standards are implemented and the need to reduce environmental pollution becomes increasingly important. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This emission control catalysts market report extensively covers market segmentation by 1.1 Mobile emission- The Emission Control Catalysts (ECCs) market is experiencing significant growth due to increasing regulations aimed at reducing automobile emissions. Nearly all new vehicles sold globally are now equipped with these catalysts, with platinum-based autocatalysts particularly popular in diesel-powered vehicles. Environmental conservation efforts and stricter regulations are driving market growth. The automotive industry's focus on advanced emission control catalysts and technologies is also contributing to market expansion. However, the decline in diesel vehicle sales and the rising popularity of electric vehicles (EVs) may hinder market growth. Despite this, increasing EV demand, charging infrastructure development, government subsidies, and declining EV prices are expected to drive the global demand for EVs, which could create new opportunities for ECCs in this segment. Stringent regulations and consumer awareness regarding sustainability continue to increase the adoption of ECCs in automobiles, making the automotive industry the key contributor to the market's considerable growth during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Emission Control Catalysts (ECC) market refers to the production and sale of catalysts used to reduce harmful emissions from mobile sources, such as automobiles, and stationary sources, including power generation plants and industrial processes. Emission standards continue to evolve, driving demand for advanced catalytic converters that neutralize harmful hydrocarbons, nitrogen oxides, and CO2 emissions. Mobile sources, particularly automobiles, are significant contributors to urban air pollution, making emission control a critical issue in metropolises with high vehicular populations. Catalytic converters, often made of metals like Platinum, Rhodium, and other metals, play a crucial role in automotive emission control. In the industrial sector, Lean NOx Traps and other technologies are used to minimize stationary emission. Battery electric vehicles and internal combustion engines both face unique emission control challenges. Harmful chemicals, such as sulfur dioxide and particulate matter, also require specific catalytic solutions. The market for ECC is expected to grow significantly due to increasing urbanization, stringent emission norms, and the ongoing shift towards cleaner energy sources. Market Research Overview The Emission Control Catalysts (ECC) market encompasses the production and application of catalytic converters and related technologies used to reduce harmful emissions from mobile and stationary sources. Mobile sources include automobiles, particularly those with internal combustion engines, which emit nitrogen oxides, hydrocarbons, and carbon monoxide. Stationary sources include power generation plants, industrial processes, and mining operations, which release harmful chemicals and contribute significantly to industrial emissions and air pollution. Emission standards, set by governments and regulatory bodies, drive the demand for ECCs. Catalytic converters, such as three-way catalysts, gasoline particulate filters, diesel oxidation catalysts, and diesel particulate filters, are essential components in reducing these emissions. Platinum group metals (PGMs) and rare earth oxides are primary materials used in catalytic converters. The automotive sector, urbanization, and rapid industrialization have led to increasing concerns about environmental issues, including CO2 emissions, air quality, and health hazards. Governments and automobile manufacturers are investing in lighter vehicles, hybrid vehicles, and battery electric vehicles to reduce emissions. Financial incentives, such as purchase bonuses and tax savings, encourage consumers to adopt these technologies. Oil prices and the availability of renewable energy sources also impact the ECC market. Stringent emission standards and the shift towards cleaner technologies are expected to drive market growth. SCR systems, which use ammonia or urea to reduce NOx emissions, are gaining popularity in power stations, chemical plants, and stationary diesel engines. TiO2, V2O5, WO2, and zeolites are commonly used in SCR technology. Trade and economics, labor, stimulus packages, and other factors influence the ECC market's growth and development. The mining industry, metal production, and other industries also contribute to emissions and the demand for ECCs. Overall, the ECC market is essential in addressing environmental concerns and ensuring compliance with emission standards. Table of Contents: 1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation 7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
AI-Driven Market Transformation, Emission Control Catalysts Market to Grow by USD 4.01 Billion (2024-2028) Boosted by Global Automotive Sector - Technavio Report
NEW YORK, Sept. 17, 2024 /PRNewswire/ -- Report with the AI impact on market trends- The global emission control catalysts market size is estimated to grow by USD 4.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 5.68% during the forecast period. Growth in global automotive sector is driving market growth, with a trend towards emerging markets to provide significant prospects for ECCs. However, growing popularity of evs poses a challenge. Key market players include AeriNOx Inc., Ashland Inc., BASF SE, Catalytic Combustion Corp., CDTi Advanced Materials Inc., Clariant International Ltd., CORMETECH Inc., Cummins Inc., DCL International Inc., DieselNet, Evonik Industries AG, Honeywell International Inc., Ibiden Co. Ltd., Johnson Matthey Plc, S and P Global Inc., Solvay SA, Tenneco Inc., Topsoes AS, Toyota Motor Corp., and Umicore SA. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver The Emission Control Catalysts (ECCs) market is anticipated to experience significant growth, particularly in developing countries. APAC is the largest market for light- and medium-weight vehicles, accounting for over 50% of the global automotive market. China, as a leading country in APAC, is a key consumer and sourcing hub for raw materials. Japan, a mature automotive market and leading producer, also contributes to the market. India, now a top-five automotive market, and Thailand are other significant players. Rapidly increasing automotive production in APAC, driven by rising disposable income and low labor costs in countries like Vietnam and Indonesia, will likely boost ECC demand, benefiting manufacturers during the forecast period. The Emission Control Catalysts (ECC) market is experiencing significant growth due to increasing emission standards for both mobile and stationary sources. Automobile manufacturers and the mining industry are major consumers of ECCs, particularly catalytic converters for automobiles and SCR systems for power generation plants. The automotive sector, including lighter vehicles and hybrid vehicles, is driving demand for gasoline auto catalysts and diesel engines catalysts. Harmful chemicals like nitrogen oxides, hydrocarbons, and carbon monoxide are being effectively controlled through the use of PGMs in ECCs. The industrial sector, including the mining industry, is also addressing industrial emissions and environmental issues by implementing ECCs. Financial incentives such as stimulus packages, purchase bonuses, and tax savings are encouraging the adoption of ECCs. Rapid industrialization and rising oil prices are further boosting the ECC market. The market for ECCs is expected to continue growing as stricter emission standards are implemented and the need to reduce environmental pollution becomes increasingly important. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This emission control catalysts market report extensively covers market segmentation by 1.1 Mobile emission- The Emission Control Catalysts (ECCs) market is experiencing significant growth due to increasing regulations aimed at reducing automobile emissions. Nearly all new vehicles sold globally are now equipped with these catalysts, with platinum-based autocatalysts particularly popular in diesel-powered vehicles. Environmental conservation efforts and stricter regulations are driving market growth. The automotive industry's focus on advanced emission control catalysts and technologies is also contributing to market expansion. However, the decline in diesel vehicle sales and the rising popularity of electric vehicles (EVs) may hinder market growth. Despite this, increasing EV demand, charging infrastructure development, government subsidies, and declining EV prices are expected to drive the global demand for EVs, which could create new opportunities for ECCs in this segment. Stringent regulations and consumer awareness regarding sustainability continue to increase the adoption of ECCs in automobiles, making the automotive industry the key contributor to the market's considerable growth during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Emission Control Catalysts (ECC) market refers to the production and sale of catalysts used to reduce harmful emissions from mobile sources, such as automobiles, and stationary sources, including power generation plants and industrial processes. Emission standards continue to evolve, driving demand for advanced catalytic converters that neutralize harmful hydrocarbons, nitrogen oxides, and CO2 emissions. Mobile sources, particularly automobiles, are significant contributors to urban air pollution, making emission control a critical issue in metropolises with high vehicular populations. Catalytic converters, often made of metals like Platinum, Rhodium, and other metals, play a crucial role in automotive emission control. In the industrial sector, Lean NOx Traps and other technologies are used to minimize stationary emission. Battery electric vehicles and internal combustion engines both face unique emission control challenges. Harmful chemicals, such as sulfur dioxide and particulate matter, also require specific catalytic solutions. The market for ECC is expected to grow significantly due to increasing urbanization, stringent emission norms, and the ongoing shift towards cleaner energy sources. Market Research Overview The Emission Control Catalysts (ECC) market encompasses the production and application of catalytic converters and related technologies used to reduce harmful emissions from mobile and stationary sources. Mobile sources include automobiles, particularly those with internal combustion engines, which emit nitrogen oxides, hydrocarbons, and carbon monoxide. Stationary sources include power generation plants, industrial processes, and mining operations, which release harmful chemicals and contribute significantly to industrial emissions and air pollution. Emission standards, set by governments and regulatory bodies, drive the demand for ECCs. Catalytic converters, such as three-way catalysts, gasoline particulate filters, diesel oxidation catalysts, and diesel particulate filters, are essential components in reducing these emissions. Platinum group metals (PGMs) and rare earth oxides are primary materials used in catalytic converters. The automotive sector, urbanization, and rapid industrialization have led to increasing concerns about environmental issues, including CO2 emissions, air quality, and health hazards. Governments and automobile manufacturers are investing in lighter vehicles, hybrid vehicles, and battery electric vehicles to reduce emissions. Financial incentives, such as purchase bonuses and tax savings, encourage consumers to adopt these technologies. Oil prices and the availability of renewable energy sources also impact the ECC market. Stringent emission standards and the shift towards cleaner technologies are expected to drive market growth. SCR systems, which use ammonia or urea to reduce NOx emissions, are gaining popularity in power stations, chemical plants, and stationary diesel engines. TiO2, V2O5, WO2, and zeolites are commonly used in SCR technology. Trade and economics, labor, stimulus packages, and other factors influence the ECC market's growth and development. The mining industry, metal production, and other industries also contribute to emissions and the demand for ECCs. Overall, the ECC market is essential in addressing environmental concerns and ensuring compliance with emission standards. Table of Contents: 1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation 7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
09/06 10:30 EST - seekingalpha.com
Eagle Point Credit: 19% Yield On Common And 8.7% On Preferred Equity
Eagle Point Credit's Series D preferred shares offer an 8.7% yield, with strong dividend and asset coverage, making them a good risk/reward investment. ECC's net investment income of $49.6M in H1 2023 covers perpetual preferred dividends comfortably, with a payout ratio of less than 3%. The company maintains a robust balance sheet with a 352% asset coverage ratio, far exceeding the minimum 200% requirement for preferred stock.
Eagle Point Credit: 19% Yield On Common And 8.7% On Preferred Equity
Eagle Point Credit's Series D preferred shares offer an 8.7% yield, with strong dividend and asset coverage, making them a good risk/reward investment. ECC's net investment income of $49.6M in H1 2023 covers perpetual preferred dividends comfortably, with a payout ratio of less than 3%. The company maintains a robust balance sheet with a 352% asset coverage ratio, far exceeding the minimum 200% requirement for preferred stock.
08/27 03:50 EST - seekingalpha.com
CLO Debt ETFs Or CLO Equity CEFs: Which Are Best For Income Investors And Retirees
CLOs have several tranches. Equity tranches are the riskiest ones, but also have the highest yields, and strongest potential returns. Debt tranches are safer and lower-yielding, some significantly so, some moderately so.
CLO Debt ETFs Or CLO Equity CEFs: Which Are Best For Income Investors And Retirees
CLOs have several tranches. Equity tranches are the riskiest ones, but also have the highest yields, and strongest potential returns. Debt tranches are safer and lower-yielding, some significantly so, some moderately so.
08/27 01:51 EST - seekingalpha.com
Eagle Point Credit: Common Shares Are Becoming Less Attractive Than Preferreds
Eagle Point Credit offers a unique opportunity to invest away from traditional stocks and bonds, focusing on CLO equity. ECC's Q2 earnings update shows significant developments, including a massive capital raise and declining net asset value. The CLO market is growing rapidly, presenting risks as outlined in a recent report from the Federal Reserve Board.
Eagle Point Credit: Common Shares Are Becoming Less Attractive Than Preferreds
Eagle Point Credit offers a unique opportunity to invest away from traditional stocks and bonds, focusing on CLO equity. ECC's Q2 earnings update shows significant developments, including a massive capital raise and declining net asset value. The CLO market is growing rapidly, presenting risks as outlined in a recent report from the Federal Reserve Board.
08/20 11:36 EST - seekingalpha.com
Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks
Before July 31, 2024, my REaders mentioned 38 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN ReFa/Ro: FSK, PFE, VZ, PFS, PBR, ET, ESEA, EL, VALE, and NOAH averaged 41.06% net gains from reader data collected 8/14/24. Ten analyst-target-augured July TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: XOM, PBR, PFE, VZ, PFS, ET, ESEA, EL, VALE & NOAH, boasting a 33.38% average target price upside estimate.
Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks
Before July 31, 2024, my REaders mentioned 38 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN ReFa/Ro: FSK, PFE, VZ, PFS, PBR, ET, ESEA, EL, VALE, and NOAH averaged 41.06% net gains from reader data collected 8/14/24. Ten analyst-target-augured July TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: XOM, PBR, PFE, VZ, PFS, ET, ESEA, EL, VALE & NOAH, boasting a 33.38% average target price upside estimate.
08/20 07:35 EST - seekingalpha.com
Great News For This Fat 18% Yield: ECC
When it comes to investing in debt, the U.S. economy remains my top priority due to its outstanding strength. Eagle Point Credit Co LLC is firing on all cylinders and investors are getting rewarded. Income catalysts can massively boost your income stream in retirement.
Great News For This Fat 18% Yield: ECC
When it comes to investing in debt, the U.S. economy remains my top priority due to its outstanding strength. Eagle Point Credit Co LLC is firing on all cylinders and investors are getting rewarded. Income catalysts can massively boost your income stream in retirement.
08/18 09:31 EST - seekingalpha.com
CEF Weekly Review: PCF Tries To Get Shareholders To Care
We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs were mixed, with MLP funds recovering while REIT funds struggled. The CEF, High Income Securities Fund, is implementing a novel strategy to get its initiatives approved by shareholders.
CEF Weekly Review: PCF Tries To Get Shareholders To Care
We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs were mixed, with MLP funds recovering while REIT funds struggled. The CEF, High Income Securities Fund, is implementing a novel strategy to get its initiatives approved by shareholders.
08/15 11:08 EST - globenewswire.com
Microchip Technology Adds ECC20x and SHA10x Families of Secure Authentication ICs to TrustFLEX Platform
CHANDLER, Ariz., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Secure key provisioning is vital to protect sensitive keys against third-party tampering and malicious attacks.
Microchip Technology Adds ECC20x and SHA10x Families of Secure Authentication ICs to TrustFLEX Platform
CHANDLER, Ariz., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Secure key provisioning is vital to protect sensitive keys against third-party tampering and malicious attacks.
08/06 14:34 EST - seekingalpha.com
Eagle Point Credit Co LLC (ECC) Q2 2024 Earnings Call Transcript
Eagle Point Credit Co LLC (NYSE:ECC ) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Garrett Edson - ICR, Investor Relations Thomas Majewski - Chief Executive Officer Kenneth Onorio - Chief Financial Officer and Chief Operating Officer Conference Call Participants Mickey Schleien - Ladenburg Thalmann & Co. Inc. Mitchel Penn - Oppenheimer & Co. Inc. Matthew Howlett - B. Riley Securities, Inc. Paul Johnson - Keefe, Bruyette & Woods Steven Bavaria - Inside the Income Factory Operator Greetings.
Eagle Point Credit Co LLC (ECC) Q2 2024 Earnings Call Transcript
Eagle Point Credit Co LLC (NYSE:ECC ) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Garrett Edson - ICR, Investor Relations Thomas Majewski - Chief Executive Officer Kenneth Onorio - Chief Financial Officer and Chief Operating Officer Conference Call Participants Mickey Schleien - Ladenburg Thalmann & Co. Inc. Mitchel Penn - Oppenheimer & Co. Inc. Matthew Howlett - B. Riley Securities, Inc. Paul Johnson - Keefe, Bruyette & Woods Steven Bavaria - Inside the Income Factory Operator Greetings.
08/06 10:35 EST - zacks.com
Eagle Point (ECC) Misses Q2 Earnings and Revenue Estimates
Eagle Point (ECC) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.32 per share a year ago.
Eagle Point (ECC) Misses Q2 Earnings and Revenue Estimates
Eagle Point (ECC) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.32 per share a year ago.
07/29 09:00 EST - seekingalpha.com
Picks And Themes In The CLO Sector
CLOs remain very popular investment vehicles and have seen sizable inflows recently, judging by the AUM of open-end funds. We highlight some of the dynamics and key themes in the CLO market that can help investors guide their allocations. Current CLO market themes include a lack of new loans, drop in credit spreads, strong demand for CLO exposure, and improvement in CLO portfolio quality.
Picks And Themes In The CLO Sector
CLOs remain very popular investment vehicles and have seen sizable inflows recently, judging by the AUM of open-end funds. We highlight some of the dynamics and key themes in the CLO market that can help investors guide their allocations. Current CLO market themes include a lack of new loans, drop in credit spreads, strong demand for CLO exposure, and improvement in CLO portfolio quality.
07/17 00:56 EST - seekingalpha.com
Readers Identify 30 Ideal June Dividend Buys Out Of 40 Nods
Prior to June 30, 2024, my REaders mentioned 40 equities in their comments on my articles. Some bad news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN ReFa/Ro: VZ, EPD, ECC, OXLC, NEP, TTE, RC, KVUE, ORC, and TPVG averaged 21.11% net gains from reader data collected 7/12/24. Ten analyst-target-augured June TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: NEP, RC, O, ORC PFE, VZ, EPD, TPVG, TTE, and KVUE, boasting a 12.02% average target price upside estimate.
Readers Identify 30 Ideal June Dividend Buys Out Of 40 Nods
Prior to June 30, 2024, my REaders mentioned 40 equities in their comments on my articles. Some bad news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN ReFa/Ro: VZ, EPD, ECC, OXLC, NEP, TTE, RC, KVUE, ORC, and TPVG averaged 21.11% net gains from reader data collected 7/12/24. Ten analyst-target-augured June TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: NEP, RC, O, ORC PFE, VZ, EPD, TPVG, TTE, and KVUE, boasting a 12.02% average target price upside estimate.
07/14 01:35 EST - seekingalpha.com
5 Closed-End Fund Buys (And 2 Sells) In The Month Of June 2024
June was another month where we saw broader equities hitting new all-time highs. However, that participation was rather narrow as the mega-cap tech names led the way higher. This last month, I added to or initiated positions in five different closed-end fund names; I sold out of two positions this month.
5 Closed-End Fund Buys (And 2 Sells) In The Month Of June 2024
June was another month where we saw broader equities hitting new all-time highs. However, that participation was rather narrow as the mega-cap tech names led the way higher. This last month, I added to or initiated positions in five different closed-end fund names; I sold out of two positions this month.
07/13 11:40 EST - seekingalpha.com
Eagle Point Credit: Securing An 8% YTM With Its Baby Bonds
Eagle Point Credit Company offers preferred shares and baby bonds with good coverage ratios for dividends and interest payments. ECC's balance sheet shows strong financial health with ample common equity to cover potential losses, providing a buffer for senior securities. Investors may consider ECC's 2029 baby bonds for a higher yield to maturity of 8% compared to the 2031 term preferred stock's 8.55% yield.
Eagle Point Credit: Securing An 8% YTM With Its Baby Bonds
Eagle Point Credit Company offers preferred shares and baby bonds with good coverage ratios for dividends and interest payments. ECC's balance sheet shows strong financial health with ample common equity to cover potential losses, providing a buffer for senior securities. Investors may consider ECC's 2029 baby bonds for a higher yield to maturity of 8% compared to the 2031 term preferred stock's 8.55% yield.
07/10 14:07 EST - seekingalpha.com
Eagle Point Credit: Waiting On A Correction
Eagle Point Credit Co LLC operates as a closed-ended fund investing in collateralized loan obligations, with a particular focus on equity CLOs. ECC's return distribution relies heavily on dividends but has tail risk exposure. I'm concerned about certain economic variables, decreasing loan interest coverage ratios, and diminishing the cushion of over-collateralization.
Eagle Point Credit: Waiting On A Correction
Eagle Point Credit Co LLC operates as a closed-ended fund investing in collateralized loan obligations, with a particular focus on equity CLOs. ECC's return distribution relies heavily on dividends but has tail risk exposure. I'm concerned about certain economic variables, decreasing loan interest coverage ratios, and diminishing the cushion of over-collateralization.
07/09 02:05 EST - seekingalpha.com
Eagle Point Credit: Potential Interest Rate Cuts Can Provide Relief
Eagle Point Credit offers an exceptionally high 16.5% dividend yield that issues payments on a monthly basis. ECC provides exposure to Collateralized Loan Obligations through equity and debt investments. Interest rate cuts may serve as a catalyst for positive change in the market.
Eagle Point Credit: Potential Interest Rate Cuts Can Provide Relief
Eagle Point Credit offers an exceptionally high 16.5% dividend yield that issues payments on a monthly basis. ECC provides exposure to Collateralized Loan Obligations through equity and debt investments. Interest rate cuts may serve as a catalyst for positive change in the market.
07/03 07:30 EST - seekingalpha.com
Steven Bavaria Takes Investors Inside The Income Factory
Steven Bavaria discusses his investing strategy, focusing on generating income through high-yield assets like closed-end funds and credit markets. He emphasizes the importance of sticking with a strategy that aligns with one's risk tolerance and long-term goals, whether it's traditional equity investing or an income factory approach.
Steven Bavaria Takes Investors Inside The Income Factory
Steven Bavaria discusses his investing strategy, focusing on generating income through high-yield assets like closed-end funds and credit markets. He emphasizes the importance of sticking with a strategy that aligns with one's risk tolerance and long-term goals, whether it's traditional equity investing or an income factory approach.
06/28 10:20 EST - seekingalpha.com
CLO Closed-End Funds: Baby Bonds And Preferred Offering Steady Income
Collateralized loan obligation closed-end fund preferreds and baby bonds can offer relatively secure sources of income generation for investors. These offerings are subject to stricter regulations under the 1940 Act, limiting leverage and that can provide more security to these instruments. New offerings since our last update include EICC and CCIA, which naturally came with higher issued yields thanks to the higher rate environment.
CLO Closed-End Funds: Baby Bonds And Preferred Offering Steady Income
Collateralized loan obligation closed-end fund preferreds and baby bonds can offer relatively secure sources of income generation for investors. These offerings are subject to stricter regulations under the 1940 Act, limiting leverage and that can provide more security to these instruments. New offerings since our last update include EICC and CCIA, which naturally came with higher issued yields thanks to the higher rate environment.
06/19 05:49 EST - seekingalpha.com
Readers Identify 29 Ideal May Dividend Buys
Prior to May 31, 2024, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated top net gain ReFa/Ro: T, VZ, PFE, BEN, EPR, CVX, FBY, TTE, ORC, and RC averaged 23.58% net gains from reader data collected 6/14/24. Ten analyst-target-augured May top price upside reader faves & rogues (ReFa/Ro) were: O, ORI, EPR, T, VZ, PFE, BEN, RC, CVX & TTE, boasting a 16.05% average target price upside estimate.
Readers Identify 29 Ideal May Dividend Buys
Prior to May 31, 2024, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated top net gain ReFa/Ro: T, VZ, PFE, BEN, EPR, CVX, FBY, TTE, ORC, and RC averaged 23.58% net gains from reader data collected 6/14/24. Ten analyst-target-augured May top price upside reader faves & rogues (ReFa/Ro) were: O, ORI, EPR, T, VZ, PFE, BEN, RC, CVX & TTE, boasting a 16.05% average target price upside estimate.
06/06 07:35 EST - seekingalpha.com
A Glorious And Mysterious 17% Yield: Eagle Point Credit
Exploring the uncharted oceans is an experience experts continue to embark on. The markets contain many unexplored corners that investors struggle to reach. I utilize diversified funds to reach dark and mysterious income sources.
A Glorious And Mysterious 17% Yield: Eagle Point Credit
Exploring the uncharted oceans is an experience experts continue to embark on. The markets contain many unexplored corners that investors struggle to reach. I utilize diversified funds to reach dark and mysterious income sources.