Eagle Point Income announces NAV per share estimate

Eagle Point Income Co Inc. (NYSE:EIC), a financial services firm with a market capitalization of $337 million, disclosed in a recent SEC filing that its unaudited net asset value (NAV) per share as of February 28, 2025, is estimated to be between $14.81 and $14.91. According to InvestingPro data, the company maintains strong financial health with a current ratio of 2.24, indicating robust liquidity management.

The Greenwich, Connecticut-based company, which is incorporated in Delaware, provided this NAV range estimate in its Form 8-K filing with the Securities and Exchange Commission on Tuesday. The report does not detail the factors contributing to the NAV estimate.

Eagle Point Income Co Inc. is known for its preferred stock offerings, including its 5.00% Series A Term Preferred Stock due 2026 (NYSE:EICA), 7.75% Series B Term Preferred Stock due 2028 (NYSE:EICB), and 8.00% Series C Term Preferred Stock due 2029 (NYSE:EICC), all traded on the New York Stock Exchange.

The NAV per share is a critical financial measure for investors and analysts as it represents the company’s value per share based on the market value of its assets minus its liabilities. This figure is essential for assessing the company’s performance and the value offered to shareholders.

The filing does not indicate any significant events or changes within the company that could have influenced the NAV estimate. Investors and market watchers typically monitor NAV updates closely as they can reflect the company’s current financial health and guide investment decisions.

This information is based on a press release statement and is intended to provide shareholders and the investing public with transparent insights into Eagle Point Income’s financial status as of the date reported.

In other recent news, Eagle Point Income Company Inc. has announced its unaudited net asset value (NAV) per share and upcoming monthly distributions for its common stock. As of January 31, 2025, the NAV per share is estimated to range between $14.96 and $15.06. Additionally, Eagle Point Income has declared three monthly distributions of $0.20 per share, scheduled for the end of April, May, and June 2025, with record dates set for April 10, May 12, and June 10, respectively. Earlier, the company reported its unaudited year-end NAV for December 31, 2024, estimated between $14.94 and $15.04 per share. For the same quarter, Eagle Point Income estimated its net investment income and realized gains or losses to be between $0.52 and $0.56 per share. The information was disclosed in a recent 8-K filing with the Securities and Exchange Commission, signed by the company’s Chief Financial Officer and Chief Operating Officer, Kenneth P. Onorio. Eagle Point Income’s various series of preferred stock continue to be listed on the New York Stock Exchange, providing multiple investment options. These recent developments are crucial for shareholders to understand the company’s financial position and expected income.

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