ECCC · NYSE · Asset Management

Eagle Point Credit Series C Preferred (ECCC)

Series C preferred shares in a CLO-focused closed-end investment company.

$25.08
At close+0.02 (+0.10%)
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Eagle Point Credit Company Inc.ECCCFinancials

Raises preferred capital for an externally managed closed-end investment company that invests chiefly in CLO equity and junior debt. ECCC is the Series C term preferred stock, distinct from the issuer's ECC common shares.

Operates as a non-diversified, externally managed closed-end investment company under the Investment Company Act of 1940. Its primary objective is high current income, pursued mainly through the equity and junior-debt tranches of collateralized loan obligations (CLOs), with capital appreciation as a secondary objective.

Eagle Point Credit Management manages investments under Board supervision. The portfolio's underlying exposure is principally to US senior secured loans, and the company's results depend on the CLO investments and the adviser-led model.

ECCC is the listed Series C Term Preferred Stock due 2031, rather than the issuer's ECC common equity. It pays monthly and is callable.

Company facts

CEOThomas P. Majewski
ListedJun 14, 2021
ExchangeNYSE
HeadquartersGreenwich, CT
CountryUnited States
Employees3
CIK0001604174
ISINUS2698097035

Market cap$515.2M
EPS (ttm)−$1.24
P/E (ttm)−20.23
ROE-11.7%
P/B0.5118
P/S3.01
Dividend yieldDiv yield6.48%
Beta−0.02vs XLF 0.04

No analyst consensus on record.

EPSReportedEstimate

Mar '23Jun '23Feb '24Feb '24May '24Aug '24Aug '25Nov '25
Reported$0.34$0.11$0.88$0.35$0.25−$0.03$0.51$0.18
Estimate
Surprise

RevenueReportedEstimate

Mar '23Jun '23Feb '24Feb '24May '24Aug '24Aug '25Nov '25
Reported$31.9M$31.7M$36.0M$39.4M$97.6M−$1.7M$70.8M$52.0M
Estimate$51.4M
Surprise+37.8%
Estimate
Reported$0.18
Estimate
Reported$52.0M
View details

Debt to equity32.40%
Current ratio355.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$47.1M$49.5M$57.7M$70.8M$52.0M−$13.0M$31.4M−$62.5M
Net income$3.9M$45.3M−$97.5M$61.6M$21.8M−$109.9M−$148.4M$70.0M
Net margin8.2%91.5%0.0%87.0%41.8%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$34.5M$32.4M−$87.4M$61.6M$38.9M−$97.2M−$136.2M$81.5M
YoY growth+32.4%+13.0%−412.1%+12.7%−400.3%+32.2%

Balance sheet, Jun 30, 2026Cash & short-term investments $59.5M · Total debt $270.0M · Total assets $1.14B · Shareholders' equity $833.6M

Revenue
−$62.5M
Operating income
$81.5M
Net income
$70.0M
View details

Next ex-date
Sep 10, 2026
in 7 days
Annual dividend
$1.63
per share
Dividend yield
6.48%
Schedule
Monthly
12 payments a year

Raised for 3 straight years. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Nov 10, 2026Nov 10Nov 30$0.1354upcoming
Oct 13, 2026Oct 13Oct 30$0.1354upcoming
Sep 10, 2026Sep 10Sep 30$0.1354upcoming
Aug 11, 2026Aug 11Aug 31$0.1354
Jul 13, 2026Jul 13Jul 31$0.1354
Jun 10, 2026Jun 10Jun 30$0.1354
May 11, 2026May 11May 29$0.1354
Apr 10, 2026Apr 10Apr 30$0.1354
Mar 11, 2026Mar 11Mar 31$0.1354
Feb 9, 2026Feb 9Feb 27$0.1354
Jan 12, 2026Jan 12Jan 30$0.1354
View details

Insiders2 holders · as of Mar 18, 2026288.4K shares

No reliable share count is available for this listing, so stakes are shown as shares, not percentages.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Kenneth P. OnorioInsiderofficer: CFO / COO
205,756Form 4filed Mar 13, 2026
Daniel W. KoInsiderother: Sr Principal/Portfolio Manager
82,665Form 4filed Mar 18, 2026
Trident Capital IX, L.P.1Strategic10 percent owner
5.82MForm 4filed Apr 4, 2023
Eagle Point Credit Management LLC2Strategic
1.46MForm 4filed May 10, 2018
OA Eagle Group Investors, LLC3Strategic
470,748Form 4filed Feb 18, 2022
See all 13
  1. Last filed Apr 4, 2023; leaving the company requires no filing. Not in the bar.
  2. Last filed May 10, 2018; leaving the company requires no filing. Not in the bar.
  3. Last filed Feb 18, 2022; leaving the company requires no filing. Not in the bar.

Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 18, 2026Daniel W. Koother: Sr Principal/Portfolio Manager+57,165$3.50
Mar 13, 2026Kenneth P. Onorioofficer: CFO / COO+110,000$3.74
View details

Compare

CompanyPriceChange
Eagle Point Credit Series C Preferred$25.08+0.10%$515.2M3.0
OFS Credit Company$2.60+1.17%$75.2M2.62.1−83.3%
Sound Point Meridian Capital$9.760.00%$200.4M1.9−37.0%
Pearl Diver Credit$8.82+0.79%$59.5M3.03.8
Median3.02.62.1−60.1%