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Eagle Point Credit to Convert into Statutory Trust

Story Highlights
  • Eagle Point Credit will convert to a Delaware statutory trust in May 2026, with shareholder and board approvals secured.
  • Existing common, preferred shares and notes will seamlessly convert to beneficial interests, with NYSE listings unchanged and no investor action required.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eagle Point Credit to Convert into Statutory Trust

Meet Samuel – Your Personal Investing Prophet

An update from Eagle Point Credit Company ( (ECC) ) is now available.

Eagle Point Credit Company Inc. plans to convert from a Delaware corporation to a Delaware statutory trust effective May 22, 2026, following stockholder approval at a special meeting on March 12, 2026, and board approval under Delaware law. In conjunction with the conversion, the company will change its name to Eagle Point Credit Company while maintaining continuity in its capital structure.

On the effective date, each outstanding share of common stock will become one common share of beneficial interest, and each preferred share will convert into a corresponding preferred share of beneficial interest with identical terms. The company’s common and preferred securities and notes will continue trading on the NYSE under their existing ticker symbols without interruption, and investors are not required to take any action related to the conversion or name change.

The most recent analyst rating on (ECC) stock is a Buy with a $4.50 price target. To see the full list of analyst forecasts on Eagle Point Credit Company stock, see the ECC Stock Forecast page.

Spark’s Take on ECC Stock

According to Spark, TipRanks’ AI Analyst, ECC is a Neutral.

The score is held back primarily by the sharp swing to losses and revenue contraction, plus continued NAV erosion and above-target leverage highlighted in recent disclosures. Positive operating/free cash flow and management’s mitigation steps provide some support, but technical trend weakness and loss-driven valuation signals keep the overall profile below average.

To see Spark’s full report on ECC stock, click here.

More about Eagle Point Credit Company

Eagle Point Credit Company is a specialty finance firm structured as an investment company, focusing on credit-related securities and listed on the New York Stock Exchange. The company issues common and preferred equity as well as notes, providing investors with access to structured credit investments through its exchange-traded securities.

Average Trading Volume: 1,953,788

Technical Sentiment Signal: Sell

For detailed information about ECC stock, go to TipRanks’ Stock Analysis page.

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