Eagle Point Income Company Inc Stock News

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 remain...

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 considera...

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 th...

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 timi...

Eagle Point Income Co Inc (EIC) Q1 2025 Earnings Call Transcript

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 deploy...

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 Ex...

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.