Welcome to our dedicated page for Eagle Point Income Company news (Ticker: EICA), a resource for investors and traders seeking the latest updates and insights on Eagle Point Income Company stock.
Eagle Point Income Company Inc (EICA) provides investors with specialized exposure to collateralized loan obligation (CLO) markets through its focus on junior debt tranches. This news hub offers comprehensive coverage of corporate developments, portfolio updates, and strategic initiatives essential for understanding the company's unique position in alternative credit markets.
Access timely updates on earnings reports, investment strategy adjustments, and management commentary. Our curated collection includes press releases detailing CLO portfolio rebalancing, risk management enhancements, and dividend declarations. Investors will find analysis of market trends impacting below-investment grade loan performance and EICA's response to credit cycle fluctuations.
Key coverage areas include quarterly financial results, capital allocation decisions, and regulatory filings. Track the company's progress in maintaining diversified exposure across multiple CLO structures while pursuing its dual objectives of high current income and capital appreciation potential.
Bookmark this page for direct access to primary source materials and filtered news streams about EICA's activities in structured finance markets. Regular updates ensure stakeholders remain informed about developments affecting junior debt positions and senior secured loan collateral performance.
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