Eagle Point Income Company Inc. (NYSE:EIC) Q1 2025 Earnings Call Transcript
Net Investment Income (NII) and Realized Gains $0.44 per share, down from $0.54 per share in Q4 2024. The decline was driven by a significant fall in SOFR rates and spread compression on syndicated loans.
Net Asset Value (NAV) per share $14.16, a decrease of 5.5% from $14.99 as of December 31, 2024. The decline is attributed to market price fluctuations rather than specific portfolio concerns.
Recurring Cash Flows $16.5 million or $0.71 per share, compared to $16.1 million or $0.82 per share in Q4 2024 and $10.7 million or $0.88 per share in Q1 2024. The increase year-over-year is due to improved investment activity.
Monthly Distributions $0.13 per share for the third quarter of 2025, down from $0.20 per share previously. The reduction reflects the company's near-term earnings potential in a lower interest rate environment.
Total Investment Income $14.1 million for Q1 2025, contributing to a GAAP net loss of $10.6 million or $0.46 per share, due to financing costs, operating expenses, and unrealized depreciation.
Preferred Equity Securities 29% of total assets less current liabilities, within the long-term target leverage ratio range of 25% to 35%.
Asset Coverage Ratio 345% for preferred stock, comfortably above the required minimum of 200%.
Cash and Revolver Capacity $33 million available for investment as of April month-end.
Trade with 70% Backtested Accuracy
Analyst Views on EIC
About EIC
About the author
Middle East Stock Markets Surge, Egypt Index Hits Record Highs
- Strong Market Momentum: Saudi Arabia leads Gulf stocks higher, while Egypt's index reaches record highs driven by robust performances in materials, real estate, and communication services, indicating positive signs of economic recovery in the region.
- Emerging Investment Opportunities: As upcoming earnings reports loom, investors are focusing on stocks with solid fundamentals, making the search for potential investment 'hidden gems' a key strategy in the Middle East.
- Impressive Financial Performance: Emirates Insurance Company showcases a 4.9% annual earnings growth, despite lagging behind the industry's 28.1% growth, yet its debt-free status and an 8x P/E ratio remain attractive compared to the market's average of 11.7x.
- Cement Industry Highlights: National Cement Company reports a remarkable 47% annual earnings growth over the past five years, with Q3 sales rising from AED 41.88 million to AED 65.41 million and net income more than doubling to AED 14.42 million, reflecting strong performance in the Middle East's industrial landscape.
Eagle Point Income Company: Anticipated Earnings for Q3 2025
Earnings Announcement: Eagle Point Income Company (EIC) will announce its Q3 earnings on November 13th, with an expected EPS of $0.38 and revenue of $15.91 million.
Estimate Revisions: Over the past three months, EPS estimates have experienced three downward revisions and no upward revisions, while revenue estimates have seen one upward and one downward revision.
Investment Insights: The company is noted for its 8% yield amidst uncertain market conditions, with discussions around discounted buybacks and potential dividend cuts.
Quant Rating and Historical Data: Seeking Alpha provides a quant rating for EIC, along with historical earnings data and a dividend scorecard for further analysis.
Upcoming Ex-Dividend Dates for 10 Stocks – Week of November 10, 2025
Dividend Stocks at 52-Week Lows: Several dividend stocks are currently trading near their 52-week lows, presenting potential buying opportunities for investors.
Ex-Dividend Dates: A list of ten stocks is highlighted, which are approaching their ex-dividend dates this week, meaning investors must purchase them before these dates to qualify for the next dividend payout.
Upcoming Ex-Dividend Dates for 10 Stocks – Week of September 8, 2025
Dividend Stocks at 52-Week Lows: Several dividend stocks are currently trading near their 52-week lows, presenting potential buying opportunities for investors.
Ex-Dividend Dates: Investors must purchase these stocks before their ex-dividend dates to qualify for upcoming dividend payouts, with a list of ten stocks provided for consideration.
Ex-Dividend Date Nearing for These 9 Stocks – Week of July 7, 2025
Dividend Stocks at 52-Week Lows: This week, several dividend stocks are trading near their 52-week lows and are approaching their ex-dividend dates, making them potential investment opportunities for those looking to benefit from upcoming payouts.
List of Stocks: The highlighted stocks include EIX, SWBI, SLVM, GIS, EBF, AEO, EIC, HPI, and MDRR, which investors should consider purchasing before the ex-dividend dates to qualify for dividends.
Eagle Point Income Company Inc. Announces Common Stock Repurchase Program
Stock Repurchase Program: Eagle Point Income Company Inc. has authorized a program to repurchase up to $50 million of its common stock, effective until June 9, 2026, subject to market conditions and other factors.
Investment Strategy: The company focuses on generating high current income primarily through investments in junior debt tranches of CLOs, while also providing monthly updates on portfolio performance and financial information on its website.
Middle East Stock Markets Surge, Egypt Index Hits Record Highs
- Strong Market Momentum: Saudi Arabia leads Gulf stocks higher, while Egypt's index reaches record highs driven by robust performances in materials, real estate, and communication services, indicating positive signs of economic recovery in the region.
- Emerging Investment Opportunities: As upcoming earnings reports loom, investors are focusing on stocks with solid fundamentals, making the search for potential investment 'hidden gems' a key strategy in the Middle East.
- Impressive Financial Performance: Emirates Insurance Company showcases a 4.9% annual earnings growth, despite lagging behind the industry's 28.1% growth, yet its debt-free status and an 8x P/E ratio remain attractive compared to the market's average of 11.7x.
- Cement Industry Highlights: National Cement Company reports a remarkable 47% annual earnings growth over the past five years, with Q3 sales rising from AED 41.88 million to AED 65.41 million and net income more than doubling to AED 14.42 million, reflecting strong performance in the Middle East's industrial landscape.
Eagle Point Income Company: Anticipated Earnings for Q3 2025
Earnings Announcement: Eagle Point Income Company (EIC) will announce its Q3 earnings on November 13th, with an expected EPS of $0.38 and revenue of $15.91 million.
Estimate Revisions: Over the past three months, EPS estimates have experienced three downward revisions and no upward revisions, while revenue estimates have seen one upward and one downward revision.
Investment Insights: The company is noted for its 8% yield amidst uncertain market conditions, with discussions around discounted buybacks and potential dividend cuts.
Quant Rating and Historical Data: Seeking Alpha provides a quant rating for EIC, along with historical earnings data and a dividend scorecard for further analysis.
Upcoming Ex-Dividend Dates for 10 Stocks – Week of November 10, 2025
Dividend Stocks at 52-Week Lows: Several dividend stocks are currently trading near their 52-week lows, presenting potential buying opportunities for investors.
Ex-Dividend Dates: A list of ten stocks is highlighted, which are approaching their ex-dividend dates this week, meaning investors must purchase them before these dates to qualify for the next dividend payout.
Upcoming Ex-Dividend Dates for 10 Stocks – Week of September 8, 2025
Dividend Stocks at 52-Week Lows: Several dividend stocks are currently trading near their 52-week lows, presenting potential buying opportunities for investors.
Ex-Dividend Dates: Investors must purchase these stocks before their ex-dividend dates to qualify for upcoming dividend payouts, with a list of ten stocks provided for consideration.
Ex-Dividend Date Nearing for These 9 Stocks – Week of July 7, 2025
Dividend Stocks at 52-Week Lows: This week, several dividend stocks are trading near their 52-week lows and are approaching their ex-dividend dates, making them potential investment opportunities for those looking to benefit from upcoming payouts.
List of Stocks: The highlighted stocks include EIX, SWBI, SLVM, GIS, EBF, AEO, EIC, HPI, and MDRR, which investors should consider purchasing before the ex-dividend dates to qualify for dividends.
Eagle Point Income Company Inc. Announces Common Stock Repurchase Program
Stock Repurchase Program: Eagle Point Income Company Inc. has authorized a program to repurchase up to $50 million of its common stock, effective until June 9, 2026, subject to market conditions and other factors.
Investment Strategy: The company focuses on generating high current income primarily through investments in junior debt tranches of CLOs, while also providing monthly updates on portfolio performance and financial information on its website.
