Mold Remediation in Eagle Point, OR

An announcement from Eagle Point Credit Company ( (ECC) ) is now available.

Eagle Point Credit Company announced that the unaudited estimate of the net asset value per share of its common stock as of April 30, 2025, was between $6.71 and $6.81. This estimation provides stakeholders with insight into the company’s financial standing and potential market valuation, impacting investor perceptions and future financial strategies.

Spark’s Take on ECC Stock

According to Spark, TipRanks’ AI Analyst, ECC is a Neutral.

Eagle Point Credit Company has a strong financial foundation with high profitability and no debt, but it faces risks from negative cash flows and revenue decline. The technical indicators suggest a downward trend, tempered by attractive valuation metrics such as a low P/E ratio and high dividend yield. The recent earnings call was positive overall, despite some challenges with realized losses and leverage. These factors result in a moderately positive outlook for the stock.

To see Spark’s full report on ECC stock, click here.

More about Eagle Point Credit Company

Average Trading Volume: 1,486,564

Technical Sentiment Signal: Buy

For a thorough assessment of ECC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Eagle Point Credit Co Inc. (NYSE:ECC), currently trading at $8.02 with a market capitalization of $901 million, has disclosed an unaudited estimate of its net asset value (NAV) per share for the first quarter ending March 31, 2025, ranging between $7.18 and $7.28. The Greenwich, Connecticut-based investment company also provided an estimate of its net investment income and realized gain/loss per share for the same quarter, which is expected to be between $0.31 and $0.35. According to InvestingPro, the company offers an impressive dividend yield of 22.84%.

The announcement, made today, is based on management's estimates and has not been verified by external sources. Eagle Point Credit specializes in collateralized loan obligations and related investments, demonstrating strong financial health with an overall score of 3.04 (GREAT) on InvestingPro's comprehensive assessment framework. The company's shares are traded on the New York Stock Exchange under the ticker ECC, alongside its various series of preferred stocks and notes, with a moderate beta of 0.36 indicating lower volatility compared to the broader market.

Investors often look to NAV as a performance indicator for companies like Eagle Point Credit, which is structured as a closed-end investment company. The NAV represents the company's total assets minus its total liabilities, an important measure of its overall financial health and performance. The company has demonstrated robust growth with revenue increasing by 29.26% in the last twelve months, while maintaining a P/E ratio of 10.36.

The company's estimated income figures provide insight into Eagle Point Credit's earnings over the quarter, which may influence investor sentiment and the company's stock performance. These figures are closely monitored by shareholders and market analysts to assess the company's profitability and operational efficiency.

Eagle Point Credit's announcement is in accordance with regulatory requirements set by the Securities and Exchange Commission (SEC). The company's financial position and results of operations are subject to change and will be confirmed upon the completion of its financial statements, which will be provided in due course.

This news is based on a press release statement from Eagle Point Credit Co Inc. and has not been independently verified. Investors are advised to review the company's complete financial disclosures for a full understanding of its financial position and performance. Analyst price targets range from $8.75 to $20.00, suggesting potential upside. For deeper insights and comprehensive analysis, investors can access the detailed Pro Research Report available on InvestingPro, which provides extensive metrics and expert analysis for informed investment decisions.

In other recent news, Eagle Point Credit Co Inc. announced an unaudited estimate of its net asset value (NAV) per share as of February 28, 2025, ranging between $7.97 and $8.07. The company also released its NAV estimate for January 31, 2025, which was between $8.28 and $8.38, along with declared monthly distributions of $0.14 per share scheduled for the end of April, May, and June 2025. Furthermore, the company reported its estimated NAV per share as of December 31, 2024, to be between $8.33 and $8.43, with net investment income for the quarter ending December 31, 2024, estimated between $0.23 and $0.27 per share.

Keefe, Bruyette & Woods (KBW) recently adjusted Eagle Point Credit’s financial outlook, lowering the price target from $9.50 to $9.00 while maintaining a Market Perform rating. This adjustment followed a slight miss in net investment income due to decreased collateralized loan obligation (CLO) income, although the company’s cash flows were strong enough to cover dividends by 188% in the fourth quarter. Eagle Point Credit completed 16 CLO resets in the fourth quarter, with its NAV showing a modest decrease of 0.7% during that period. The company's leverage ratio increased to 0.54x debt-to-equity, with a new target range of 0.275x-0.375x debt-to-assets, slightly exceeding the target at 0.38x debt-to-assets. These developments highlight the company’s ongoing activities and financial positioning as it continues to engage in CLO investments.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Significantly reducing the risk of power interruption from wildfires, the transaction includes a 10-year fixed price tolling agreement with Pacific Gas & Electric, providing a stable, long-term investment grade revenue stream

GREENWICH, Conn., April 08, 2025--(BUSINESS WIRE)--Eagle Point Credit Management LLC ("Eagle Point"), an investment manager focused on specialized private credit strategies, today announced that it has provided $28 million in project financing to Energy Vault, a leader in sustainable, grid-scale energy storage solutions, to support the development of its Calistoga Resiliency Center ("CRC"). The facility is 100% sustainable and will provide the city of Calistoga with an alternative power source in the event of a Public Safety Power Shutdown ("PSPS") when Pacific Gas & Electric ("PG&E") service is offline, helping to reduce the risk of power failures from wildfires. The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC.

Designed, owned and operated by Energy Vault, the Calistoga Resiliency Center is the world’s largest utility-scale, ultra-long duration energy storage project. The innovative hybrid green hydrogen and lithium-ion battery energy storage system enables a cost-effective, community-scale, fully carbon-free microgrid that stores and dispatches clean energy, on demand. The 293MWh system is designed to provide 48 hours of continuous energy and a peak instantaneous power output of 8.5MW during regional PSPS events. Energy Vault’s proprietary B-VAULT™ DC battery technology will work in conjunction with the fuel cells to provide instantaneous response and grid-forming capabilities, ensuring stable power supply throughout the event's duration. When Calistoga’s local microgrid is cut from the regional electrical network during a PSPS event, the CRC will utilize green hydrogen fuel cells to generate electricity, providing sustainable power to the local community.

"As we continue to see the rise of extreme weather events around the world, it is imperative we ensure communities have access to essential services during these times," said Jennifer Powers, Principal and Head of Infrastructure Credit at Eagle Point. "An innovative leader in the energy transition, Energy Vault has developed the Calistoga Resiliency Center and an industry-leading proprietary system to provide essential power services to communities when local utilities need to be offline, significantly reducing environmental risks, such as wildfires. We are excited to partner with Energy Vault to help create this impactful facility and look forward to building a long-term partnership with them to support their other upcoming initiatives."

Pirates improve to 3-1 behind shutdown relief effort from Christlieb over final four frames against Eagles

Phoenix scored at least one run in each of the final four innings to rally for an 8-5 nonconference softball victory over Eagle Point Tuesday afternoon at Lithia & Driveway Fields.

After the Eagles built a 5-2 lead through three innings, the visiting Pirates slowly chipped away with six unanswered runs.

An RBI double by Rylei Rivero drove home Keelie Woodside in the fifth inning, and Destiny Christlieb scored the tying run one batter later on a groundout by Rylie Johnson to create momentum for the final push by Phoenix (3-1).

Two walks and a hit batter opened the door for the go-ahead run to be scored by Alivia Kruse on a flyout to left field by Woodside in the sixth inning.

In the seventh, the Pirates got run off an error and the final tally on a sacrifice fly by Carsyn Sousa.

Eagle Point (2-5) previously built its advantage behind run-scoring efforts from Brylee Leonardo and Sarah Estes in the second inning, and a three-run outburst in the third inning that was highlighted by an RBI double from Allison Martin.

Christlieb picked up the pitching victory in a relief effort of Woodside, allowing only two hits with eight strikeouts and three walks in four scoreless innings inside the circle.

Rivero paced the Pirates by going 4-for-4 with two runs and one RBI, while Johnson was 1-for-3 with two runs and two RBIs.

Martin went 2-for-3 with two runs and one RBI for the Eagles, with Estes and Emalee Logan also supplying two hits. Leonardo had two RBIs, and Riley Jacoby scored twice.

Reach sports editor Kris Henry at kris.henry@rv-times.com or 458-488-2035

DUBUQUE, Iowa, April 8, 2025 /PRNewswire/ -- Construction companies can now access expert-led sustainability software training through a new partnership between Eagle Point Software and Green Badger, the leading SaaS developer for managing sustainable construction. Integrating Green Badger's expertise into Eagle Point's Pinnacle Series provides businesses with a powerful combination of sustainability education, practical resources, and cutting-edge capabilities. By leveraging Green Badger's learning path within the Pinnacle Series, companies can streamline their green building practices, improve LEED documentation, and stay ahead of sustainability trends. This integration empowers teams to build smarter, faster, and greener — all while boosting project efficiency and compliance.

"With the integration of Green Badger courses into Pinnacle Series, both Green Badger and Eagle Point customers gain an invaluable resource for sustainable construction," said Steve Biver, COO at Eagle Point Software. "This partnership ensures that construction teams have access to the education they need to successfully achieve LEED certification and implement best practices for sustainable building. Whether they are new to LEED and need an introduction to its benefits or require in-depth training on critical topics like pollution prevention and waste management, Green Badger learning paths in Pinnacle Series will provide the tools to build greener, more efficient projects. By making sustainability training easily accessible, we're helping construction organizations stay ahead of industry demands while positively impacting the environment."

"Green Badger consistently strives to provide sustainability education to the design and construction industry," said Tommy Linstroth, Green Badger's Founder and CEO. "We're excited to partner with Eagle Point Software to provide our resources to a broader audience."

The growing awareness of environmental impact and the need for sustainable practices are driving industry-wide changes. Sustainable designs not only contribute to a healthier planet but also align with the preferences of environmentally conscious clients. From eco-friendly materials to energy-efficient project specs, this value-forward trend can drive a lot of changes.

This new partnership delivers Green Badger's sustainability expertise directly within the Pinnacle Series so companies can access training and streamline LEED project management right from the job site. Pinnacle Series is a comprehensive learning management system specifically designed for the architecture, engineering, construction, product design, and manufacturing industries. Green Badger simplifies the sustainability process and now with training in Pinnacle series companies can become experts in sustainability efforts while saving time on each project.

About Eagle Point Software

Pinnacle Series creator Eagle Point Software has helped AEC and manufacturing companies work more efficiently since 1983. Based in Dubuque, Iowa, the Pinnacle Series team is comprised of industry experts who deliver the leading development and productivity platform to more than 500,000 global AEC and manufacturing professionals. Pinnacle Series offers a robust library of on-demand software training content, plus knowledge capture and sharing capabilities that ultimately increase efficiency. www.eaglepoint.com.

About Green Badger

Green Badger is accelerating environmentally responsible construction worldwide by equipping the built industry with affordable technology and the knowledge to automate and easily report LEED compliance and ESG metrics. Pairing the most comprehensive user-friendly software with powerful data analytics and industry-leading customer support, Green Badger saves project teams hundreds of hours per project and helps ensure sustainability goals are met. For more information, visit www.getgreenbadger.com.

SOURCE Eagle Point Software