Eagle Point Income Company Inc

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Eagle Point Income Company (EIC) reports robust Q2 performance and eyes lucrative investment opportunities

Eagle Point Income Company demonstrated resilience and growth in Q2 2024, leveraging its strong balance sheet and proactive investment approach. Despite minor challenges, the company remains focused on seizing opportunities in the market to drive shareholder value.

Eagle Point Income Company reports strong Q3 performance and growth outlook

Eagle Point Income Company demonstrated robust performance with strong net investment income and realized gains in Q3 2024.
Despite challenges in market dynamics and uncertainties, EIC's focus on high-yielding investments and efficient capital structure presents growth opportunities.
With a resilient portfolio position and attractive distribution yield, EIC remains poised for future growth and value creation.

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The full company name is Eagle Point Income Co., Inc.

Eagle Point Income focuses on CLO debt and has two series of preferred shares outstanding. The newly issued term preferred stock has an attractive fixed preferred dividend and the standard 200% minimum asset coverage level. The company's asset coverage ratio decreased after the preferred stock offering, but the use of an ATM program helps maintain a safe asset base.

Eagle Point Income: I'm A Buyer Of The 7.75% Preferred Shares

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We review CEF market valuation and performance through the third week of September and highlight recent market action. Most sectors saw NAV gains, but discounts widened, particularly in the Covered Call and Equity sectors. Invesco trimmed distributions on many CEFs including IHIT, potentially indicating a termination of this CMBS 2023 term fund.

CEF Weekly Review: When Distribution Cuts Are Good News

Eagle Point Credit

There are frequently two types of portfolio builders. I recommend having a wide range of exposure to the U.S. economy. These two funds offer double-digit, fully-covered yields and are paying out supplemental dividends or growing their dividends because of it.

Eye-Popping Double-Digit Yields, Fully Covered Opportunity

Eagle Point Income Company Inc. (NYSE:EIC ) Q2 2023 Earnings Conference Call August 15, 2023 11:30 AM ET Company Participants Peter Sceusa - ICR, IR Tom Majewski - Chairman and CEO Dan Ko - Senior Principal and Portfolio Manager Lena Umnova - Adviser's Chief Accounting Officer Conference Call Participants Operator Greetings. And welcome to the Eagle Point Income Company Second Quarter 2023 Financial Results Call.

Eagle Point Income Company Inc. (EIC) Q2 2023 Earnings Call Transcript

GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced financial results for the quarter ended June 30, 2023 and certain additional activity through July 31, 2023. “We are very pleased with our second quarter performance. Our tailored portfolio continues to benefit from the elevated rate environment, generating strong cash flows,” said Thomas Majewski, Chairman and Chief Executive Officer. “In the second quarter, we produced NI.

Eagle Point Income Company Inc. Announces Second Quarter 2023 Financial Results

GREENWICH, Conn.--(BUSINESS WIRE)--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 $0.18 per share on its common stock payable on each of October 31, 2023, November 30, 2023 and December 29, 2023 to stockholders of record as of October 11, 2023, November 13, 2023 and December 11, 2023, respectively. This reflects.

Eagle Point Income Company Inc. Announces 13% Increase in Common Stock Distributions for Fourth Quarter 2023

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced, in connection with its previously disclosed underwritten public offering of 1,130,500 shares of its 7.75% Series B Term Preferred Stock due 2028 (the “Preferred Stock”) at a public offering price of $25 per share that closed on July 26, 2023, that the underwriters of such offering have fully exercised their option to purchase an additional 169,575 shares of Preferred Stock.

Eagle Point Income Company Inc. Announces Full Exercise and Closing of Underwriters' Option in Offering of Preferred Stock

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced that it plans to report financial results for the quarter ended June 30, 2023 on Tuesday, August 15, 2023. 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 Dan.

Eagle Point Income Company Inc. Schedules Release of Second Quarter 2023 Financial Results on Tuesday, August 15, 2023

CLO CEF Eagle Point Income Co Inc is issuing another preferred - EICB - with a 7.75% coupon and a 2028 maturity. At "par," EICB has a significant yield advantage over its sister preferred EICA, so a switch to EICB from EICA makes sense. The underlying portfolio of the issuer EIC is higher-quality than the broader CLO CEF population.

EICB: New 7.75% Term Preferred From CEF EIC That's Worth A Look

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

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We take a look at the action in preferreds and baby bonds through the third week of July and highlight some of the key themes we are watching. Preferreds mostly rallied on the week as credit spreads continued to tighten in line with the soft landing narrative. Term preferred yields remain opaque to many income investors, resulting in inefficient pricing and opportunities.

Preferreds Weekly Review: Term Preferreds Yields Aren't Well Understood

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Prior to June 30, 2023, my readers mentioned 42 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: GGB, PFE, VFC, SB, GSL, BTI, PDM, PBR, SBSW, and IPOOF, averaged 65.57% net gains from reader data collected 7/17/23. Ten analyst-target-augured June TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: BRSP, GGB, PFE, VFC, SB, PDM, BPI, GSL, SBSW, & IPOOF boasting a 55.56% average target price upside estimate.

Readers Reveal 30 June Dividend Buys

Eagle Point Income Company Inc. has trailed its benchmark and delivered 0% total returns since inception. Over the next two years, we think the fund can deliver returns in line with the CS leveraged loan index i.e. 5-6%. With an upcoming recession now a virtual certainty, we look as to how we can beat this expected return with less risk.

EIC: 0% Returns Since Inception, Here Are Two Alternatives For The Next Two Years

Eagle Point Income Company Inc. (NYSE:EIC ) Q1 2023 Earnings Conference Call May 23, 2023 11:30 AM ET Company Participants Garrett Edson - Investor Relations, ICR Tom Majewski - Chairman and Chief Executive Officer Dan Ko - Senior Principal and Portfolio Manager Lena Umnova - Chief Accounting Officer, Adviser Operator Greetings, and welcome to Eagle Point Income Company First Quarter 2023 Financial Results Call. At this time, all participants are in a listen-only mode.

Eagle Point Income Company Inc. (EIC) Q1 2023 Earnings Call Transcript

GREENWICH, Conn--(BUSINESS WIRE)--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today announced financial results for the quarter ended March 31, 2023 and certain additional activity through April 30, 2023. “The Company continued its strong momentum in the first quarter of 2023 as short-term interest rates continued to increase,” said Thomas Majewski, Chairman and Chief Executive Officer. “In the quarter, we generated net investment income of $0.49 per weighted average commo.

Eagle Point Income Company Inc. Announces First Quarter 2023 Financial Results

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We review CEF market valuation and performance through the second week of May and highlight recent market action. CEFs were broadly down this week, under pressure from falling Treasuries and stocks.

CEF Weekly Review: Comparing Yield To Long-Term Performance Requires Care

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) 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 $0.16 per share on its common stock payable on each of July 31, 2023, August 31, 2023 and September 29, 2023 to stockholders of record as of July 11, 2023, August 11, 2023 and September 11, 2023, respectively. The following schedule appli.

Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today announced that it plans to report financial results for the quarter ended March 31, 2023 on Tuesday, May 23, 2023. 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,.

Eagle Point Income Company Inc. Schedules Release of First Quarter 2023 Financial Results on Tuesday, May 23, 2023

CEF Weekly Review: Investors Continue To Shy Away From Loans And Munis.

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Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.

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In this article, we focus on the performance of the CLO Debt/Equity CEF EIC. Specifically, we discuss the fund's odd underperformance of its underlying asset class as well as other funds focused on similar assets.

EIC: We Need To Talk About Performance

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0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results.

Weekly Closed-End Fund Roundup: February 19, 2023

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We review CEF market valuation and performance through the third week of February and highlight recent market action. Nearly all CEF sectors were down as worries about further rises in the policy rate returned on the back of upside inflation surprises.

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Call Start: 11:30 January 1, 0000 11:44 AM ET Eagle Point Income Company, Inc. (NYSE:EIC ) Q4 2022 Earnings Conference Call February 22, 2023, 11:30 am ET Company Participants Peter Sceusa - IR Associate, ICR Tom Majewski - Chairman & CEO Dan Ko - Principal & Portfolio Manager Lena Umnova - CAO Conference Call Participants Operator Greetings, and welcome to the Eagle Point Income Company's Fourth Quarter 2022 Financial Results Call. At this time, all participants are in a listen-only mode.

Eagle Point Income Company, Inc. (EIC) Q4 2022 Earnings Call Transcript

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today announced financial results for the quarter and full year ended December 31, 2022, net asset value (“NAV”) as of December 31, 2022 and certain additional activity through February 15, 2023, and declared distributions on shares of the Company's common and preferred stock. FOURTH QUARTER 2022 HIGHLIGHTS Net investment income (“NII”) of $0.49 per weighted average common share, net of $0.

Eagle Point Income Company Inc. Announces Fourth Quarter and Full Year 2022 Financial Results and Declares Second Quarter 2023 Common and Preferred Distributions

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1 out of 22 CEF sectors positive on price and 0 out of 22 sectors positive on NAV last week. Senior loans lead while real estate lags.

Weekly Closed-End Fund Roundup:  February 12, 2023

News for Eagle Point Income Company Inc ETF (EIC)