Eagle Point Credit Q2 2026: Realized Losses Drive NAV to $4.51, Stock at 17.5% Discount
ECC is trading near its 52-week low of $3.46 (11% above the low).
Summary
Eagle Point Credit reported Q2 2026 realized losses of $0.79 per share, pushing GAAP NII and realized loss to ($0.62) per share. NAV fell to $4.51, and the stock trades at a 17.5% discount.
Key Events · Earnings and Guidance · ECC
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Q2 Realized Losses Hit $0.79/Share
GAAP realized losses from investments were $0.79 per share in Q2 2026, driving total GAAP NII and realized loss to ($0.62) per share.
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NAV Declines to $4.51
Net asset value per share fell to $4.51 at June 30, 2026, down from $5.70 at year-end 2025, a 20.9% decline.
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Portfolio Cash Distributions Drop
Total portfolio cash distributions received fell to $72.10 million in Q2 2026 from $89.75 million in Q4 2025, a 19.7% decrease.
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Stock Trades at 17.5% Discount
Common share market price of $3.72 at quarter-end versus NAV of $4.51, a 17.5% discount, reflecting investor concerns.
Analysis · ECC · Unknown
Eagle Point Credit's Q2 2026 update reveals a GAAP net investment income and realized loss of $0.62 per share, driven by $0.79 per share in realized losses from investments. Total portfolio cash distributions received fell to $72.10 million from $89.75 million in Q4 2025, and net assets of common shares dropped to $599.50 million from $750.93 million. The stock trades at a 17.5% discount to NAV, reflecting investor concerns about the realized losses and declining asset values.
At the time of this filing, ECC was trading at $3.84 on NYSE in the Unknown sector, with a market capitalization of approximately $505M. The 52-week trading range was $3.46 to $7.77. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.