Welcome to our dedicated page for Eagle Point Income Co news (Ticker: EIC), a resource for investors and traders seeking the latest updates and insights on Eagle Point Income Co stock.
Eagle Point Income Company Inc. (NYSE: EIC) is a closed-end management investment company in the finance and insurance sector, with a focus on CLO securities backed by below-investment-grade U.S. senior secured loans. The EIC news page on Stock Titan aggregates company-specific announcements, press releases, and related disclosures so readers can follow developments that affect this CLO-focused income strategy and its listed securities.
News items for Eagle Point Income Company Inc. include details of capital markets transactions involving its common stock and term preferred stock. Public announcements have covered underwritten offerings of its common shares, the issuance of 5.00% Series A Term Preferred Stock due 2026 (EICA), 7.75% Series B Term Preferred Stock due 2028 (EICB), and 8.00% Series C Term Preferred Stock due 2029 (EICC), as well as the full or partial exercise and closing of underwriters’ options to purchase additional shares. These updates provide context on how the company raises capital to support its investment activities.
In addition, readers can find news related to the broader Eagle Point platform, such as press releases about Eagle Point Securities LLC acting as dealer manager for offerings by Eagle Point Income Company (NYSE: EIC). Such items highlight how the company fits within a family of vehicles and distributors focused on private credit and CLO-related strategies managed by Eagle Point and its affiliates.
By reviewing the EIC news feed, investors and researchers can monitor topics such as securities offerings, changes in listed securities, and other corporate communications that complement the company’s formal SEC filings. This page can be revisited regularly to see newly published press releases and updates connected to Eagle Point Income Company Inc. and its exchange-listed securities.
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Eagle Point Income Company (EIC) announced its financial results for the fourth quarter and full year ending December 31, 2022. The company reported a net investment income (NII) of $0.49 per share, with a net asset value (NAV) of $12.91 per share, down from $13.05 in Q3 2022. GAAP net income stood at $6.4 million, or $0.88 per share. The company distributed $5 million from its investment portfolio and increased its monthly distribution to $0.16 starting January 2023. As of January 31, 2023, NAV is estimated between $13.67 and $13.77, reflecting a 6.3% increase. Total cash and capacity available for investment reached $25.7 million as of February 15, 2023.
Eagle Point Income Company (NYSE: EIC, EICA) announced that it will report its financial results for the quarter and fiscal year ending December 31, 2022, before market opening on February 22, 2023. A conference call will follow on the same day at 11:30 a.m. ET, hosted by CEO Thomas P. Majewski and other key executives. Interested participants can join via phone or internet, with replay options available post-call. The company focuses on generating high current income primarily through investing in junior debt tranches of CLOs, and it may allocate up to 35% of its assets in CLO equity securities.
Eagle Point Income Company (NYSE: EIC, EICA) announced its financial results for Q3 2022. The Company reported a net investment income (NII) of
Eagle Point Income Company (NYSE: EIC, EICA) has declared three distributions of $0.16 per share on its common stock, payable on January 31, February 28, and March 31, 2023. These payouts mark a 14% increase from the prior quarter. Record dates for these distributions are set for January 11, February 8, and March 13, 2023. Additionally, the company announced distributions of $0.104167 per share for its Series A Term Preferred Stock. The company attributes the increase in distributions to a well-constructed investment portfolio that generates strong cash flows.
Eagle Point Income Company plans to report its financial results for Q3 2022 on November 15, 2022, before market opening. A conference call will follow at 11:30 a.m. ET, hosted by Chairman and CEO Thomas P. Majewski. Participants can join via phone or the company's website. The Company focuses on generating high current income through investments in junior debt tranches of CLOs, with up to 35% of total assets allocated to CLO equity securities. It provides monthly unaudited portfolio information and estimates of net investment income and NAV.
Eagle Point Income Company (EIC) reported its financial results for Q2 2022, including net investment income (NII) and realized capital gains of
Eagle Point Income Company has declared distributions for its common stock, increasing the amount to
Eagle Point Income Company (NYSE: EIC) plans to release its financial results for the quarter ending June 30, 2022, before market opening on August 16, 2022. A conference call will take place at 11:30 a.m. ET the same day, hosted by CEO Thomas P. Majewski and CAO Lena Umnova. The call can be accessed via phone or internet, and a replay will be available for 30 days post-call. The Company focuses on generating high current income through investments in junior debt tranches of CLOs and may also invest in CLO equity securities.