Is Ellington Credit Company (EARN) a Buy, Sell, or Hold?
NYSE : EARN
Ellington Credit Company
$4.42 USD
-$0.04 (-0.9%)
- Volume
- 361.62K
- Average Volume
- 403.25K
- Market Capitalization
- $166.05M
- P/E Ratio
- -4.25
- Dividend Yield
- 21.72%
- Price Target
- $5.00
- Year High
- $6.06
- Year Low
- $4.27
- Day High
- —
- Day Low
- —
- Payout Ratio
- -$0.44
- Current Ratio
- $0.35
Company Overview
NYSE
Laurence Eric Penn
Asset Management
Financial Services
EARN
150
US
USD
Liquidity Metrics
1.43
0.35
0.35
0.35
-0.44
Sales & Valuation
$42.57M
3.08
1.08
0.87
5.09
Profitability
-$0.38
-$14.45M
-71.96%
-71.96%
-20.38%
-10.04%
P/E Metrics
-4.25
-0.01
-0.01
Analyst Price Target & Rating
$5.00
$5.00
$5.00
1/5
7 Analysts
-11.60%
Poll Results
About Ellington Credit Company (NYSE:EARN) Stock
Ellington Residential Mortgage REIT functions as a real estate investment trust (REIT), with its core business focused on the acquisition, investment, and oversight of assets tied to residential mortgages and real estate. The company's holdings primarily include various Residential Mortgage-Backed Securities (RMBS), such as government-backed agency pools and agency Collateralized Mortgage Obligations (CMOs). Additionally, it invests in non-agency RMBS, which encompasses non-agency CMOs ranging from investment-grade to non-investment-grade ratings. Having opted for REIT tax treatment, the company benefits from an exemption from corporate income tax on the segment of its net earnings that are distributed to its investors. Ellington Residential Mortgage REIT was established in 2012 and is hea ... dquartered in Old Greenwich, Connecticut.
Ellington Credit Declares Monthly Common Dividend
2026-07-08 16:15:00
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on August 31, 2026 to common shareholders of record as of July 31, 2026. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwa.
Ellington Credit Declares Monthly Common Dividend
2026-06-08 16:10:00
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on July 31, 2026 to common shareholders of record as of June 30, 2026. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward.
Ellington Credit Q1 Earnings Call Highlights
2026-05-20 12:07:24
Ellington Credit NYSE: EARN reported a GAAP net loss of $0.86 per share for the quarter ended March 31, 2026, as volatility in the collateralized loan obligation market weighed on asset valuations, particularly CLO equity holdings.
2026-05-19 16:15:00
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the quarter ended March 31, 2026. Highlights Net asset value (NAV) per share was $4.09 as of March 31, 2026, which includes the effects of distributions of $0.24 per share for the quarter. GAAP net loss was $(32.3) million or $(0.86) per share. Net investment income ("NII") was $5.1 million, or $0.13 per share. Adjusted net investment income1 was $7.3 million, or $0.19 per sh.
Ellington Credit Declares Monthly Common Dividend
2026-05-07 16:15:00
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on June 30, 2026 to common shareholders of record as of May 29, 2026. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-.
2026-05-05 16:15:00
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended March 31, 2026 after market close on Tuesday, May 19, 2026. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Wednesday, May 20, 2026. To participate in the event by telephone, please dial (800) 343-4849 at least 10 minutes prior to the start time and reference the conference.
Frequently Asked Questions
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What is the current Ellington Credit Company (EARN) stock price?
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Ellington Credit Company(NYSE:EARN) stock price is $4.42 in the last trading session. During the trading session, EARN stock reached the peak price of $6.06 while $4.27 was the lowest point it dropped to. The percentage change in EARN stock occurred in the recent session was --0.9% while the dollar amount for the price change in EARN stock was -$0.04.
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EARN's industry and sector of operation?
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The NYSE listed EARN is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of EARN?
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J. R. Herlihy | Chief Operating Officer & Treasurer
Mark Ira Tecotzky | Executive Vice President
Gregory Morris Borenstein | Portfolio Manager
Laurence Eric Penn | Chief Executive Officer, President & Trustee
Vincent Ambrico | Controller -
How many employees does EARN have?
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Number of EARN employees currently stands at 150. EARN operates from 53 Forest Avenue, Old Greenwich, CT 06870, US.
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Link for EARN official website?
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Official Website of EARN is: https://www.ellingtoncredit.com
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How do I contact EARN?
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EARN could be contacted at phone #203 698 1200 and can also be accessed through its website. EARN operates from 53 Forest Avenue, Old Greenwich, CT 06870, US.
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How many shares of EARN are traded daily?
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The average number of EARN shares traded daily for last 3 months was 403.25K.
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What is the market cap of EARN currently?
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The market value of EARN currently stands at $166.05M with its latest stock price at $4.42