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Eagle Point Credit reports estimated net asset value per share for August

Eagle Point Credit reports estimated net asset value per share for August

On August 31, 2026, Eagle Point Credit Company estimated its net asset value per common share to be between $4.29 and $4.39, according to a statement filed with the Securities and Exchange Commission. The company, incorporated in Delaware and headquartered in Greenwich, Connecticut, lists its common shares and various series of preferred shares and notes on the New York Stock Exchange under the symbols ECC, ECCC, ECC PRD, ECCV, and ECCU.

In recent financial news, Eagle Point Credit reported substantial improvements in its second-quarter results. The company's net asset value surged 8%, climbing to $4.51 per share from $4.17 at the end of the previous quarter. This marked a significant turnaround, as the company had posted a GAAP net loss of $1.12 per share in the prior quarter.

Eagle Point Credit also disclosed a GAAP net income of $70 million, equivalent to $0.53 per share. This financial turnaround was attributed to a recovery in the company's portfolio, fueled by higher loan prices and improved CLO equity valuations.

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