Date | Price Target | Rating | Analyst |
---|---|---|---|
9/3/2024 | $17.50 | Buy | B. Riley Securities |
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB, EICC)) today announced financial results for the quarter ended September 30, 2024 and certain additional activity through October 31, 2024. "We had a strong third quarter as the investment portfolio once again generated robust cash flows and net investment income," said Thomas P. Majewski, Chairman and Chief Executive Officer. "We were able to generate realized gains of $0.08 per share as discounted purchases from the past months pulled to par sooner than anticipated. As we navigate the shifting interest rate environment, we believe CLO debt and CLO equity will continue to offer a premium return compared to other fixed
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 September 30, 2024 on Thursday, November 14, 2024. 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, and Daniel Ko, Portfolio Manager. All interested parties are welcome to participate in the conference call via one of the following methods: PHONE: Dial (877) 704-4453 (domestic) or (201) 389-0920 (international), a
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB, EICC))) today announced financial results for the quarter ended June 30, 2024 and certain additional activity through July 31, 2024. "We kept our momentum going in the second quarter as the investment portfolio continued to generate strong cash flows and net investment income," said Thomas P. Majewski, Chairman and Chief Executive Officer. "For the quarter, we generated net investment income and realized gains, excluding non-recurring expenses, of $0.54 per share, while continuing to grow our net asset value per share. We also continued to enhance our balance sheet through our 8.00% Series C Term Preferred Stock offeri
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB, EICC))) today is pleased to announce the declaration of distributions on shares of the Company's common stock. For the fourth quarter of 2024, the Company is declaring three separate monthly distributions of $0.20 per share on its common stock. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share October 11, 2024 October 31, 2024 $0.20 November 12, 2024 November 29, 2024 $0.20 December 11, 2024 December 31, 2024 $0.20 Distributions on common stock are generally paid from net in
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 June 30, 2024 on Tuesday, August 6, 2024. 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, and Daniel Ko, Portfolio Manager. All interested parties are welcome to participate in the conference call via one of the following methods: PHONE: Dial (877) 704-4453 (domestic) or (201) 389-0920 (international),
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB, EICC))) today announced financial results for the quarter ended March 31, 2024 and certain additional activity through April 30, 2024. "It was another excellent quarter for Eagle Point Income Company, as the portfolio continued to generate strong cash flows and income for our shareholders," said Thomas P. Majewski, Chairman and Chief Executive Officer. "For the quarter, we generated net investment income and realized gains of $0.56 per share, while also growing our net asset value per share by over 5% from year-end 2023. We also significantly strengthened our balance sheet, utilizing our ‘at-the-market' program to accr
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB, EICC))) today is pleased to announce the declaration of distributions on shares of the Company's common stock. For the third quarter of 2024, the Company is declaring three separate monthly distributions of $0.20 per share on its common stock. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share July 11, 2024 July 31, 2024 $0.20 August 12, 2024 August 30, 2024 $0.20 September 10, 2024 September 30, 2024 $0.20 Distributions on common stock are generally paid from net investment
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, 2024 on Tuesday, May 21, 2024. 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, and Daniel Ko, Portfolio Manager. All interested parties are welcome to participate in the conference call via one of the following methods: PHONE: Dial (877) 704-4453 (domestic) or (201) 389-0920 (international), a
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB))) today announced that it has priced an underwritten public offering of 1,220,000 shares of its 8.00% Series C Term Preferred Stock due 2029 (the "Preferred Stock") at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $29.3 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Preferred Stock is rated ‘BBB' by Egan-Jones Ratings Company, an independent rating agency. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 183,000 shares of Preferred
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB))) today announced that it has commenced an underwritten public offering of its Series C Term Preferred Stock (the "Preferred Stock"). The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Preferred Stock is rated ‘BBB' by Egan-Jones Ratings Company, an independent rating agency. In addition, the Company plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Stock on the same terms and conditions. The Preferred Stock is expected to be listed on the New York Stock Exchange and to trade thereon
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB, EICC)) today announced financial results for the quarter ended September 30, 2024 and certain additional activity through October 31, 2024. "We had a strong third quarter as the investment portfolio once again generated robust cash flows and net investment income," said Thomas P. Majewski, Chairman and Chief Executive Officer. "We were able to generate realized gains of $0.08 per share as discounted purchases from the past months pulled to par sooner than anticipated. As we navigate the shifting interest rate environment, we believe CLO debt and CLO equity will continue to offer a premium return compared to other fixed
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 September 30, 2024 on Thursday, November 14, 2024. 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, and Daniel Ko, Portfolio Manager. All interested parties are welcome to participate in the conference call via one of the following methods: PHONE: Dial (877) 704-4453 (domestic) or (201) 389-0920 (international), a
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB, EICC))) today is pleased to announce the declaration of distributions on shares of the Company's common stock. For the fourth quarter of 2024, the Company is declaring three separate monthly distributions of $0.20 per share on its common stock. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share October 11, 2024 October 31, 2024 $0.20 November 12, 2024 November 29, 2024 $0.20 December 11, 2024 December 31, 2024 $0.20 Distributions on common stock are generally paid from net in
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 June 30, 2024 on Tuesday, August 6, 2024. 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, and Daniel Ko, Portfolio Manager. All interested parties are welcome to participate in the conference call via one of the following methods: PHONE: Dial (877) 704-4453 (domestic) or (201) 389-0920 (international),
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB, EICC))) today is pleased to announce the declaration of distributions on shares of the Company's common stock. For the third quarter of 2024, the Company is declaring three separate monthly distributions of $0.20 per share on its common stock. The distributions are payable based on the following schedule: Record Date Payable Date Amount per common share July 11, 2024 July 31, 2024 $0.20 August 12, 2024 August 30, 2024 $0.20 September 10, 2024 September 30, 2024 $0.20 Distributions on common stock are generally paid from net investment
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, 2024 on Tuesday, May 21, 2024. 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, and Daniel Ko, Portfolio Manager. All interested parties are welcome to participate in the conference call via one of the following methods: PHONE: Dial (877) 704-4453 (domestic) or (201) 389-0920 (international), a
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB))) today announced financial results for the quarter and full year ended December 31, 2023 and certain additional activity through February 15, 2024. "Eagle Point Income Company capped off an outstanding 2023 with another quarter of strong cash flows and growing net assets," said Thomas P. Majewski, Chairman and Chief Executive Officer. "During the quarter, we generated net income comfortably in excess of our common distributions. We grew our net asset value per share by over 2% for the quarter and 11% for the full year. We also recently increased our monthly common distribution beginning in January 2024 by an additiona
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB))) today is pleased to announce the declaration of distributions on shares of the Company's common stock. The Company has declared three separate distributions of $0.20 per share on its common stock payable on each of April 30, 2024, May 31, 2024 and June 28, 2024 to stockholders of record as of April 10, 2024, May 13, 2024 and June 10, 2024, respectively. The following schedule applies to the distributions: Record Date Payable Date Amount per common share April 10, 2024 April 30, 2024 $0.20 May 13, 2024 May 31, 2024 $0.20 June 10, 2024 June 28, 202
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB))) today announced that it plans to report financial results for the quarter and fiscal year ended December 31, 2023 on Thursday, February 22, 2024. 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, and Daniel Ko, Portfolio Manager. All interested parties are welcome to participate in the conference call via one of the following methods: PHONE: Dial (877) 704-4453 (domestic) or (201) 389-0920
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB))) today is pleased to announce the declaration of distributions on shares of the Company's common stock. The Company has declared three separate distributions of $0.20 per share on its common stock payable on each of January 31, 2024, February 29, 2024 and March 28, 2024 to stockholders of record as of January 11, 2024, February 9, 2024 and March 8, 2024, respectively. This reflects an increase of 11% from the monthly distributions during the fourth quarter of 2023. The following schedule applies to the distributions: Record Date Payable Date Amount per common share January 11, 2024 Janu
B. Riley Securities initiated coverage of Eagle Point Income Company with a rating of Buy and set a new price target of $17.50
497AD - Eagle Point Income Co Inc. (0001754836) (Filer)
497AD - Eagle Point Income Co Inc. (0001754836) (Filer)
8-K - Eagle Point Income Co Inc. (0001754836) (Filer)
497AD - Eagle Point Income Co Inc. (0001754836) (Filer)
8-K - Eagle Point Income Co Inc. (0001754836) (Filer)
NPORT-P - Eagle Point Income Co Inc. (0001754836) (Filer)
497AD - Eagle Point Income Co Inc. (0001754836) (Filer)
497AD - Eagle Point Income Co Inc. (0001754836) (Filer)
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SC 13G/A - Eagle Point Income Co Inc. (0001754836) (Subject)
4 - Eagle Point Income Co Inc. (0001754836) (Issuer)
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4 - Eagle Point Income Co Inc. (0001754836) (Issuer)
4 - Eagle Point Income Co Inc. (0001754836) (Issuer)
4 - Eagle Point Income Co Inc. (0001754836) (Issuer)
Eagle Point Income (NYSE:EIC) reported quarterly earnings of $0.56 per share. This is a 14.29 percent increase over earnings of $0.49 per share from the same period last year. The company reported $9.13 million in sales this quarter. This is a 66.01 percent increase over sales of $5.50 million the same period last year.
Eagle Point Income (NYSE:EIC) reported quarterly earnings of $0.54 per share. This is a 10.2 percent increase over earnings of $0.49 per share from the same period last year. The company reported $8.52 million in sales this quarter. This is a 54.53 percent increase over sales of $5.51 million the same period last year.
Companies Reporting Before The Bell • Indivior (NASDAQ:INDV) is likely to report quarterly earnings at $0.28 per share on revenue of $260.00 million. • Bausch Health Companies (NYSE:BHC) is expected to report quarterly earnings at $1.02 per share on revenue of $2.30 billion. • H&E Equipment Servs (NASDAQ:HEES) is estimated to report quarterly earnings at $1.22 per share on revenue of $382.59 million. • Installed Building Prods (NYSE:IBP) is expected to report quarterly earnings at $2.45 per share on revenue of $682.48 million. • Keurig Dr Pepper (NASDAQ:KDP) is likely to report quarterly earnings at $0.54 per share on revenue of $3.91 billion. • MGP Ingredients (NASDAQ:MGPI) is expecte
Tuesday marks the last chance for investors to receive the next dividend payout from Eagle Point Income (NYSE:EIC). What's Happening The company announced on Wednesday that it would pay shareholders a monthly dividend of 20 cents per share. On Wednesday, Eagle Point Income will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 20 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own EIC as of the end of Tuesday's session are eligible to receive the 20 cents d
Companies Reporting Before The Bell • CureVac (NASDAQ:CVAC) is likely to report quarterly loss at $0.24 per share on revenue of $18.00 million. • Caledonia Mining (AMEX:CMCL) is expected to report earnings for its third quarter. • Argo Blockchain (NASDAQ:ARBK) is estimated to report quarterly loss at $0.12 per share on revenue of $13.28 million. • SuperCom (NASDAQ:SPCB) is estimated to report quarterly earnings at $0.00 per share on revenue of $4.60 million. • Moving iMage Technologies (AMEX:MITQ) is projected to report earnings for its first quarter. • Eagle Pharmaceuticals (NASDAQ:EGRX) is likely to report quarterly earnings at $1.06 per share on revenue of $62.60 million. • 2sevent
Eagle Point Income (NYSE:EIC) reported quarterly earnings of $0.51 per share. This is a 8.51 percent increase over earnings of $0.47 per share from the same period last year. The company reported $6.97 million in sales this quarter. This is a 39.64 percent increase over sales of $5.00 million the same period last year.
Eagle Point Income Company Inc. (the "Company") (NYSE:EIC, EICA, EICB))))) today is pleased to announce the declaration of distributions on shares of the Company's common stock.The Company has declared three separate distributions of $0.20 per share on its common stock payable on each of January 31, 2024, February 29, 2024 and March 28, 2024 to stockholders of record as of January 11, 2024, February 9, 2024 and March 8, 2024, respectively. This reflects an increase of 11% from the monthly distributions during the fourth quarter of 2023.The following schedule applies to the distributions:Record DatePayable DateAmount per common shareJanuary 11, 2024January 31, 2024$0.20February 9, 2024Februar
- Reuters
Companies Reporting Before The Bell • Mainz Biomed (NASDAQ:MYNZ) is projected to report earnings for its second quarter. • Elbit Systems (NASDAQ:ESLT) is estimated to report quarterly earnings at $1.65 per share on revenue of $1.40 billion. • Seadrill (NYSE:SDRL) is estimated to report earnings for its second quarter. • Tencent Music Enter Gr (NYSE:TME) is expected to report quarterly earnings at $0.14 per share on revenue of $1.03 billion. • Sea (NYSE:SE) is expected to report quarterly earnings at $0.69 per share on revenue of $3.42 billion. • Riskified (NYSE:RSKD) is likely to report quarterly loss at $0.02 per share on revenue of $72.08 million. • On Holding (NYSE:ONON) is likely
Eagle Point Income (NYSE:EIC) reported quarterly earnings of $0.49 per share. This is a 19.51 percent increase over earnings of $0.41 per share from the same period last year.