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Stock impact report

EICC: Attractive CEF Liabilities After The Refinancing [Seeking Alpha]

Eagle Point Income Company Inc. (EIC) 
Company Research Source: Seeking Alpha
EIC has demonstrated access to cheaper capital, redeeming Series B preferreds and maintaining a healthy 285% asset coverage ratio. With Fed cuts likely and a new Chair in 2026, EICC is expected to be called or refinanced before its 2029 maturity. We favor EICC for its short-dated risk, robust coverage, and probability of an early call, making it a buy at current levels. PM Images/DigitalVision via Getty Images Thesis We have not covered the Series C Preferred Shares from Eagle Point Income Company Inc. ( EIC ) since 2024, when our article was the first one on the platform following the issuance. A number This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in EICC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. Show less Read more
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