In recent trading, Eagle Point Income (EIC, Financial) experienced a significant drop of 11.4%, with its share price falling by $1.68 to settle at $13.09. This substantial decrease reflects notable activity in the market surrounding the company. Investors closely monitoring EIC should take note of this downward trend as it may influence future investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Eagle Point Income Co Inc (EIC, Financial) is $16.75 with a high estimate of $17.00 and a low estimate of $16.50. The average target implies an upside of 29.14% from the current price of $12.97. More detailed estimate data can be found on the Eagle Point Income Co Inc (EIC) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Eagle Point Income Co Inc's (EIC, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.