Eagle Point Income Co Inc (44124033)

Eagle Point Income recorded in the second quarter of 2026 a 4% increase in net asset value to $12.52 per share and a GAAP net income of $0.84 per share. Recurring cash flows were $0.52 per share ($12 million) and covered distributions; the common stock dividend totaled $0.33 per share for the quarter. The portfolio remains heavily weighted to CLO debt (≈59%), CLO equity accounts for 19%, and the calculated/default-adjusted default rate is a low 36 basis points. Management expects continued monthly distributions of $0.11, plans further issuances of perpetual convertible preferred stock, but warns of volatility in CLO equity cash flows. » Mere på de.investing.com

Eagle Point Income Company will convert from a Delaware corporation into a Delaware Statutory Trust effective August 24, 2026; the name will change accordingly and the common shares and the 5.00% Series A term preferred shares will remain listed on the NYSE under the tickers EIC and EICA, respectively. Each common and preferred share will be converted into a corresponding beneficial interest, and shareholders do not need to take any action. Management estimated the NAV per common share as of July 31, 2026 at an indicative $12.30–$12.40, while the stock trades at $9.93, implying a substantial discount. The first quarter of 2026 showed mixed results: slightly higher net investment income of $0.36 per share, but a GAAP net loss of $0.95 per share due to large mark‑to‑market losses in the CLO debt portfolio; the dividend yield is about 13.29%. » Mere på de.investing.com

Eagle Point Income reports an unaudited management estimate of net asset value (NAV) per common share as of April 30, 2026, in a range of $12.48 to $12.58. The company shows a high dividend yield of 12.42% but was not profitable over the past twelve months and recorded a GAAP net loss of $15 million ($0.60 per share) in Q4 2025. Eagle Point Income also plans to publicly offer up to 4 million preferred shares (convertible series AA/AB) and expects net proceeds of about $91 million if fully placed. » Mere på de.investing.com