NYSE:EIC

Stock Analysis Report

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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

EICIndustryMarket
7 Day-0.4%-2.6%-3.6%
30 Day2.6%8.2%2.7%
90 Day6.7%16.2%7.5%
1 Year-9.0%-18.0%41.5%38.2%39.5%36.5%
3 Yearn/a39.5%29.2%53.5%43.6%
5 Yearn/a140.6%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

NamePositionTenureCompensationOwnership
Thomas Majewski
Chairperson & CEO2.42yrsno data0.18%
$ 168.8k
Kenneth Onorio
CFO & COO2.42yrsno data0.064%
$ 59.6k
Nauman Malik
Chief Compliance Officer2.42yrsno data0.020%
$ 19.0k
Courtney Fandrick
Secretary2.42yrsno data0.0069%
$ 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

NamePositionTenureCompensationOwnership
Thomas Majewski
Chairperson & CEO2.42yrsno data0.18%
$ 168.8k
James Matthews
Director2.42yrsno datano data
Jeffrey Weiss
Lead Independent Directorno dataUS$58.33k0.045%
$ 42.1k
Kevin McDonald
Independent Director2.42yrsUS$62.69k0.047%
$ 43.6k
Scott Appleby
Independent Director2.42yrsUS$54.17k0.062%
$ 57.3k
Paul Tramontano
Independent Director2.42yrsUS$50.00k0.062%
$ 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EICNYSE (New York Stock Exchange)YesCommon StockUSUSDJul 2019

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/01 00:35
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.