Eagle Point Income
Market Cap
US$92.9m
Last Updated
2021/03/01 00:35 UTC
Data Sources
Company Financials
Executive Summary
Rewards
Snowflake Analysis
Share Price & News
How has Eagle Point Income's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EIC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: EIC's weekly volatility has decreased from 12% to 3% over the past year.
Market Performance
7 Day Return
-0.4%
EIC
-2.6%
US Capital Markets
-3.6%
US Market
1 Year Return
-18.0%
EIC
38.2%
US Capital Markets
36.5%
US Market
Return vs Industry: EIC underperformed the US Capital Markets industry which returned 38% over the past year.
Return vs Market: EIC underperformed the US Market which returned 38.5% over the past year.
Shareholder returns
| EIC | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -2.6% | -3.6% |
| 30 Day | 2.6% | 8.2% | 2.7% |
| 90 Day | 6.7% | 16.2% | 7.5% |
| 1 Year | -9.0%-18.0% | 41.5%38.2% | 39.5%36.5% |
| 3 Year | n/a | 39.5%29.2% | 53.5%43.6% |
| 5 Year | n/a | 140.6%110.9% | 117.5%93.2% |
Long-Term Price Volatility Vs. Market
How volatile is Eagle Point Income's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Eagle Point Income undervalued compared to its fair value and its price relative to the market?
0.9x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate EIC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EIC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EIC is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.
PE vs Market: EIC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EIC is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (12.8x).
Future Growth
How is Eagle Point Income forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.8%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Eagle Point Income has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Eagle Point Income performed over the past 5 years?
-174.9%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: EIC is currently unprofitable.
Growing Profit Margin: EIC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if EIC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare EIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EIC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (10.1%).
Return on Equity
High ROE: EIC has a negative Return on Equity (-4.89%), as it is currently unprofitable.
Financial Health
How is Eagle Point Income's financial position?
Financial Position Analysis
Short Term Liabilities: EIC's short term assets ($2.3M) exceed its short term liabilities ($805.9K).
Long Term Liabilities: EIC's short term assets ($2.3M) do not cover its long term liabilities ($14.8M).
Debt to Equity History and Analysis
Debt Level: EIC's debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EIC's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable EIC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EIC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.8% per year.
Dividend
What is Eagle Point Income current dividend yield, its reliability and sustainability?
6.71%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: EIC's dividend (6.71%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: EIC's dividend (6.71%) is in the top 25% of dividend payers in the US market (3.76%)
Stability and Growth of Payments
Stable Dividend: EIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EIC has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: EIC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Thomas Majewski (45 yo)
2.42yrs
Tenure
Mr. Thomas Philip Majewski is a Managing Partner Eagle Point Credit Management LLC since September 2012. He serves as Managing Partner at Eagle Point Income Management LLC since September 2018. He is the C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairperson & CEO | 2.42yrs | no data | 0.18% $ 168.8k | |
| CFO & COO | 2.42yrs | no data | 0.064% $ 59.6k | |
| Chief Compliance Officer | 2.42yrs | no data | 0.020% $ 19.0k | |
| Secretary | 2.42yrs | no data | 0.0069% $ 6.4k |
2.4yrs
Average Tenure
42yo
Average Age
Experienced Management: EIC's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairperson & CEO | 2.42yrs | no data | 0.18% $ 168.8k | |
| Director | 2.42yrs | no data | no data | |
| Lead Independent Director | no data | US$58.33k | 0.045% $ 42.1k | |
| Independent Director | 2.42yrs | US$62.69k | 0.047% $ 43.6k | |
| Independent Director | 2.42yrs | US$54.17k | 0.062% $ 57.3k | |
| Independent Director | 2.42yrs | US$50.00k | 0.062% $ 57.8k |
2.4yrs
Average Tenure
54yo
Average Age
Experienced Board: EIC's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Eagle Point Income Company Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Eagle Point Income Company Inc.
- Ticker: EIC
- Exchange: NYSE
- Founded: NaN
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$92.879m
- Shares outstanding: 6.11m
Location
- Eagle Point Income Company Inc.
- 600 Steamboat Road
- Suite 202
- Greenwich
- Connecticut
- 6830
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EIC | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 2019 |
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 00:35 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.