Ellington Credit Company (EARN)

$5.74 +0.03 (0.53%)
Market Cap 215.59M
Revenue (ttm) 49.86M
Net Income (ttm) 6.59M
EPS (ttm) N/A
PE Ratio 4.91
Forward PE 6.01
Profit Margin 13.22%
Debt to Equity Ratio 2.91
Volume 181,500
Avg Vol 394,306
Day's Range N/A - N/A
Shares Out 37.56M
Stochastic %K 64%
Beta 1.30
Analysts Sell
Price Target $6.00

Company Profile

Ellington Credit Company, a closed-end management investment company, focuses on generating current yields and risk-adjusted total returns by investing primarily in collateralized loan obligations. It invests in mezzanine debt and equity tranches. The company was formerly known as Ellington Residential Mortgage REIT and changed its name to Ellington Credit Company in April 2024. Ellington Credit Company was incorporated in 2012 and is headquartered in Old Greenwich, Connecticut.

Industry: Asset Management
Sector: Financial Services
Phone: 203 698 1200
Address:
53 Forest Avenue, Old Greenwich, United States
StockJunction19
StockJunction19 Jun. 23 at 12:54 AM
$EARN .
0 · Reply
StockJunction19
StockJunction19 Jun. 23 at 12:46 AM
$EARN .
0 · Reply
StockJunction19
StockJunction19 Jun. 23 at 12:40 AM
$EARN .
0 · Reply
tgewaz1
tgewaz1 Jun. 22 at 7:52 PM
$EARN
0 · Reply
tgewaz1
tgewaz1 Jun. 22 at 7:52 PM
$EARN Started a position.
0 · Reply
Shane_Crawford
Shane_Crawford Jun. 20 at 5:24 PM
$EARN probably doesn't hurt to have a little
0 · Reply
BinaryLogic
BinaryLogic Jun. 15 at 11:44 AM
$EARN [Again] The fund is down 20% YTD and trading at an established support/resistance line $5.73 on the 1YR Daily. If the SP can reclaim this as support and break higher, material (further) upside is possible (IMO). The Company offers a dividend yield of 17%, distributed monthly. Compare that to PFE, F or other high-yield stocks, or perhaps to 6-9-12mo CD rates and it is a clear multiple higher. It is also close-ended, meaning that no new shares will be issued (supply/demand). What will happen when investors searching for value/high dividend investments find this? Growth and Income. Even a complete fallout to April ($4.6 appx) will be directly offset by the dividend yield and investors will effectively break even. $QQQ $SPY $DJI
1 · Reply
swingingtech
swingingtech Jun. 9 at 5:12 PM
$EARN $G $EFC $PKE https://wallstreetwaves.com/daily-dividend-update-earn-g-efc-pke/
0 · Reply
Dr_Van_Nostrend
Dr_Van_Nostrend Jun. 5 at 2:11 AM
$EARN In the realm of CLO funds and companies EARN is one of the only ones covering its dividend with NII. Net Interest Income. Such a large covered dividend is a gem.
0 · Reply
BinaryLogic
BinaryLogic Jun. 2 at 1:51 AM
$EARN Ascending triangle pattern to the $5.7 (appx) resistance line. I collected the dividend last week, and the chart setup is favorable to break above the $5.7 historical support/resistance line. 17% annual dividend yield, monthly compounding. This absolutely blows away anything in the $SPY, $DJI domestic bond market or otherwise. Earnings were reasonable, the stock was sold-off earlier this year, now consolidating - again ascending triangle pattern to $5.7 resistance. Growth + Income
0 · Reply
Latest News on EARN
Wall Street's Most Accurate Analysts Weigh In On 3 Financial Stocks With Over 15% Dividend Yields

Jun 17, 2025, 7:02 AM EDT - 5 days ago

Wall Street's Most Accurate Analysts Weigh In On 3 Financial Stocks With Over 15% Dividend Yields

MFA TWO

Ellington Credit Declares Monthly Common Dividend

Jun 9, 2025, 7:15 AM EDT - 13 days ago

Ellington Credit Declares Monthly Common Dividend

Ellington Credit: Equity CLO Build Adds Risk, But RMBS Recycling And Repo Rates Spark Optimism

Jun 8, 2025, 3:57 AM EDT - 14 days ago

Ellington Credit: Equity CLO Build Adds Risk, But RMBS Recycling And Repo Rates Spark Optimism

Ellington Credit: Q1 Results, Valuation, And CLO CEF Sector Update

Jun 6, 2025, 8:28 AM EDT - 16 days ago

Ellington Credit: Q1 Results, Valuation, And CLO CEF Sector Update

Ellington Credit Company (EARN) Q1 2025 Earnings Call Transcript

May 21, 2025, 3:14 PM EDT - 4 weeks ago

Ellington Credit Company (EARN) Q1 2025 Earnings Call Transcript

Ellington Credit Company Reports Results for Three-Month Period Ended March 31, 2025

May 20, 2025, 4:39 PM EDT - 4 weeks ago

Ellington Credit Company Reports Results for Three-Month Period Ended March 31, 2025

Ellington Credit Company Announces Release Date of Earnings, Conference Call, and Investor Presentation

May 8, 2025, 4:15 PM EDT - 6 weeks ago

Ellington Credit Company Announces Release Date of Earnings, Conference Call, and Investor Presentation

It's Raining CLO Equity CEFs And Why We Got Longer

May 8, 2025, 6:42 AM EDT - 6 weeks ago

It's Raining CLO Equity CEFs And Why We Got Longer

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Wall Street's Most Accurate Analysts Give Their Take On 3 Financial Stocks With Over 10% Dividend Yields

May 5, 2025, 8:32 AM EDT - 6 weeks ago

Wall Street's Most Accurate Analysts Give Their Take On 3 Financial Stocks With Over 10% Dividend Yields

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30 April Ideal "Safer" Monthly Paying Dividend Stocks And 80 Funds

Apr 30, 2025, 10:00 AM EDT - 7 weeks ago

30 April Ideal "Safer" Monthly Paying Dividend Stocks And 80 Funds

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4 CEFs To Consider For Your High-Yield Income Compounder Portfolio

Apr 25, 2025, 5:26 AM EDT - 2 months ago

4 CEFs To Consider For Your High-Yield Income Compounder Portfolio

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Ellington Credit: A New Entrant To The CLO Sector

Apr 10, 2025, 11:54 AM EDT - 2 months ago

Ellington Credit: A New Entrant To The CLO Sector

Ellington Credit to Ring the Closing Bell at the New York Stock Exchange

Apr 1, 2025, 6:30 PM EDT - 2 months ago

Ellington Credit to Ring the Closing Bell at the New York Stock Exchange

Ellington Credit Completes Conversion to Closed-end Fund

Apr 1, 2025, 6:55 AM EDT - 2 months ago

Ellington Credit Completes Conversion to Closed-end Fund

Ellington Credit Is In Transition, And I'm Betting It Pays Off

Mar 24, 2025, 11:23 PM EDT - 3 months ago

Ellington Credit Is In Transition, And I'm Betting It Pays Off

Ellington Credit Confirms April 1 Conversion Date

Mar 20, 2025, 4:20 PM EDT - 3 months ago

Ellington Credit Confirms April 1 Conversion Date

Ellington Credit Company (EARN) Q4 2024 Earnings Call Transcript

Mar 13, 2025, 4:04 PM EDT - 3 months ago

Ellington Credit Company (EARN) Q4 2024 Earnings Call Transcript

Ellington Credit Company Reports Fourth Quarter 2024 Results

Mar 12, 2025, 4:29 PM EDT - 3 months ago

Ellington Credit Company Reports Fourth Quarter 2024 Results

Dividend Power Dogs: 3 Top Dividend Picks For March

Mar 12, 2025, 7:29 AM EDT - 3 months ago

Dividend Power Dogs: 3 Top Dividend Picks For March

AOMR BWLP CIVI CLCO DEC DX EC

Ellington Credit Company Announces Release Date of Fourth Quarter 2024 Earnings, Conference Call, and Investor Presentation

Feb 27, 2025, 7:00 AM EST - 4 months ago

Ellington Credit Company Announces Release Date of Fourth Quarter 2024 Earnings, Conference Call, and Investor Presentation

5 'Safe' Buys In 35 February Dividend Power Dogs

Feb 12, 2025, 11:49 AM EST - 4 months ago

5 'Safe' Buys In 35 February Dividend Power Dogs

ARR BSM BWMX GOGL HAFN INSW IVR

Ellington Credit Company Reports Preliminary Fourth Quarter 2024 Results and Provides Conversion Update

Feb 3, 2025, 6:29 PM EST - 4 months ago

Ellington Credit Company Reports Preliminary Fourth Quarter 2024 Results and Provides Conversion Update

Ellington Credit Company Announces the Income Tax Treatment of its 2024 Distributions

Jan 31, 2025, 4:19 PM EST - 5 months ago

Ellington Credit Company Announces the Income Tax Treatment of its 2024 Distributions

Ellington Credit Announces Shareholder Approval of Conversion to CLO Closed-End Fund

Jan 21, 2025, 7:45 AM EST - 5 months ago

Ellington Credit Announces Shareholder Approval of Conversion to CLO Closed-End Fund

86 MoPay Dividend Stocks, 80 Funds And 25 'Safer' Buys From December

Dec 31, 2024, 7:26 AM EST - 6 months ago

86 MoPay Dividend Stocks, 80 Funds And 25 'Safer' Buys From December

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Ellington Credit: High Yield Is Not A Red Flag

Dec 23, 2024, 2:17 PM EST - 6 months ago

Ellington Credit: High Yield Is Not A Red Flag

Ellington Credit: Still Waiting For Approval To Transition To A CEF (Rating Downgrade)

Dec 11, 2024, 12:19 PM EST - 6 months ago

Ellington Credit: Still Waiting For Approval To Transition To A CEF (Rating Downgrade)

Ellington Credit Prepares for Special Meeting and Issues Mirror Preferred Stock

Dec 9, 2024, 4:47 PM EST - 6 months ago

Ellington Credit Prepares for Special Meeting and Issues Mirror Preferred Stock

24 November Ideal 'Safer' MoPay Dividend Dogs From 87 Equities And 80 Funds

Nov 27, 2024, 2:37 AM EST - 7 months ago

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Ellington Credit Sets Date for its Annual Meeting of Shareholders

Nov 21, 2024, 4:18 PM EST - 7 months ago

Ellington Credit Sets Date for its Annual Meeting of Shareholders

Ellington Credit Company (EARN) Q3 2024 Earnings Call Transcript

Nov 13, 2024, 3:08 PM EST - 7 months ago

Ellington Credit Company (EARN) Q3 2024 Earnings Call Transcript

Ellington Credit Company Reports Third Quarter 2024 Results

Nov 12, 2024, 7:00 PM EST - 7 months ago

Ellington Credit Company Reports Third Quarter 2024 Results

Ellington Credit Postpones its Annual Meeting of Shareholders

Oct 30, 2024, 7:30 AM EDT - 8 months ago

Ellington Credit Postpones its Annual Meeting of Shareholders

Ellington Credit Company Announces Release Date of Third Quarter 2024 Earnings, Conference Call, and Investor Presentation

Oct 29, 2024, 4:15 PM EDT - 8 months ago

Ellington Credit Company Announces Release Date of Third Quarter 2024 Earnings, Conference Call, and Investor Presentation

ISS Joins Glass Lewis in Recommending EARN Shareholders Vote “FOR” Proposals Related to Strategic Transformation

Oct 25, 2024, 8:00 AM EDT - 8 months ago

ISS Joins Glass Lewis in Recommending EARN Shareholders Vote “FOR” Proposals Related to Strategic Transformation

Ellington Credit: Interest Rate Cuts Could Help The REIT

Sep 24, 2024, 10:57 PM EDT - 9 months ago

Ellington Credit: Interest Rate Cuts Could Help The REIT

Ellington Credit Company (EARN) Q2 2024 Earnings Call Transcript

Aug 13, 2024, 3:30 PM EDT - 11 months ago

Ellington Credit Company (EARN) Q2 2024 Earnings Call Transcript

Ellington Credit Company Reports Second Quarter 2024 Results

Aug 12, 2024, 5:28 PM EDT - 11 months ago

Ellington Credit Company Reports Second Quarter 2024 Results

Ellington Credit Company Announces Release Date of Second Quarter 2024 Earnings, Conference Call, and Investor Presentation

Aug 1, 2024, 4:15 PM EDT - 11 months ago

Ellington Credit Company Announces Release Date of Second Quarter 2024 Earnings, Conference Call, and Investor Presentation

81 Monthly Paid Dividend Stocks And 80 MoPay Funds For July

Jul 26, 2024, 8:38 AM EDT - 11 months ago

81 Monthly Paid Dividend Stocks And 80 MoPay Funds For July

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Ellington Credit: 14% Yield, Major Strategic Change, 4% BV Discount

Jul 3, 2024, 9:48 PM EDT - 1 year ago

Ellington Credit: 14% Yield, Major Strategic Change, 4% BV Discount

Ellington Credit Company (EARN) Q1 2024 Earnings Call Transcript

May 15, 2024, 4:50 PM EDT - 1 year ago

Ellington Credit Company (EARN) Q1 2024 Earnings Call Transcript

Ellington Credit Company Reports First Quarter 2024 Results

May 14, 2024, 4:19 PM EDT - 1 year ago

Ellington Credit Company Reports First Quarter 2024 Results

Ellington Credit Company Announces Release Date of First Quarter 2024 Earnings, Conference Call, and Investor Presentation

May 1, 2024, 4:15 PM EDT - 1 year ago

Ellington Credit Company Announces Release Date of First Quarter 2024 Earnings, Conference Call, and Investor Presentation

84 Monthly Paid Dividend Stocks And 80 Funds For April

Apr 26, 2024, 5:28 PM EDT - 1 year ago

84 Monthly Paid Dividend Stocks And 80 Funds For April

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Ellington Credit Adopts Tax Asset Preservation Plan Designed to Protect Shareholder Value by Preserving the Availability of Its Net Operating Losses While Operating as a C-Corp

Apr 23, 2024, 4:41 PM EDT - 1 year ago

Ellington Credit Adopts Tax Asset Preservation Plan Designed to Protect Shareholder Value by Preserving the Availability of Its Net Operating Losses While Operating as a C-Corp

Ellington Residential Rebrands as Ellington Credit Company

Apr 19, 2024, 8:00 AM EDT - 1 year ago

Ellington Residential Rebrands as Ellington Credit Company

EARN: Transforming From A 14% Yielding REIT To A CLO CEF

Apr 18, 2024, 12:37 AM EDT - 1 year ago

EARN: Transforming From A 14% Yielding REIT To A CLO CEF

Ellington Residential Declares Monthly Common Dividend

Apr 8, 2024, 5:30 PM EDT - 1 year ago

Ellington Residential Declares Monthly Common Dividend

A Crude Problem

Apr 7, 2024, 9:00 AM EDT - 1 year ago

A Crude Problem

ARE BBRE BNL BX CTO CTRE DHC

StockJunction19
StockJunction19 Jun. 23 at 12:54 AM
$EARN .
0 · Reply
StockJunction19
StockJunction19 Jun. 23 at 12:46 AM
$EARN .
0 · Reply
StockJunction19
StockJunction19 Jun. 23 at 12:40 AM
$EARN .
0 · Reply
tgewaz1
tgewaz1 Jun. 22 at 7:52 PM
$EARN
0 · Reply
tgewaz1
tgewaz1 Jun. 22 at 7:52 PM
$EARN Started a position.
0 · Reply
Shane_Crawford
Shane_Crawford Jun. 20 at 5:24 PM
$EARN probably doesn't hurt to have a little
0 · Reply
BinaryLogic
BinaryLogic Jun. 15 at 11:44 AM
$EARN [Again] The fund is down 20% YTD and trading at an established support/resistance line $5.73 on the 1YR Daily. If the SP can reclaim this as support and break higher, material (further) upside is possible (IMO). The Company offers a dividend yield of 17%, distributed monthly. Compare that to PFE, F or other high-yield stocks, or perhaps to 6-9-12mo CD rates and it is a clear multiple higher. It is also close-ended, meaning that no new shares will be issued (supply/demand). What will happen when investors searching for value/high dividend investments find this? Growth and Income. Even a complete fallout to April ($4.6 appx) will be directly offset by the dividend yield and investors will effectively break even. $QQQ $SPY $DJI
1 · Reply
swingingtech
swingingtech Jun. 9 at 5:12 PM
$EARN $G $EFC $PKE https://wallstreetwaves.com/daily-dividend-update-earn-g-efc-pke/
0 · Reply
Dr_Van_Nostrend
Dr_Van_Nostrend Jun. 5 at 2:11 AM
$EARN In the realm of CLO funds and companies EARN is one of the only ones covering its dividend with NII. Net Interest Income. Such a large covered dividend is a gem.
0 · Reply
BinaryLogic
BinaryLogic Jun. 2 at 1:51 AM
$EARN Ascending triangle pattern to the $5.7 (appx) resistance line. I collected the dividend last week, and the chart setup is favorable to break above the $5.7 historical support/resistance line. 17% annual dividend yield, monthly compounding. This absolutely blows away anything in the $SPY, $DJI domestic bond market or otherwise. Earnings were reasonable, the stock was sold-off earlier this year, now consolidating - again ascending triangle pattern to $5.7 resistance. Growth + Income
0 · Reply
TMONEY61
TMONEY61 May. 28 at 7:37 PM
$EARN Great stock, been here since April, SP up over 20% and a 17%+ div each month!
0 · Reply
BinaryLogic
BinaryLogic May. 25 at 3:40 PM
$EARN [Again] The stock is down 16% YTD, the latest ER was certainly not bad by most standard(s), and the Company issues at 17% Dividend Yield, distributed at the close of each month. Money should rotate (transient) into Real Estate near term (IMO) as discussions continue over FNMA privatization - whether that is actually good for REIT remains to be seen, and this sector is exposed directly to interest rate risk. I have been DCA into a modest position here, collecting 17% dividend on a relatively Oversold position - though cognizant of the 10YR as I have stated repeatedly. Growth+Income in the interim.
1 · Reply
johannburkard
johannburkard May. 21 at 9:20 AM
$EARN Q1 2025 report summary * Net assets up * Income (minus unrealized losses) up * Expenses (including other income) % down * Management cost % down * Interest cost % down * Nr. of underlying loans up * Nr. of underlying loan obligors up Not a profitable quarter but interest income is going up while interest expense is going down. (Via https://www.ellingtoncredit.com/node/11631/pdf)
0 · Reply
CHItraders
CHItraders May. 20 at 8:44 PM
$EARN Ellington Credit Q1 Adj. EPS $0.26 Misses $0.27 Estimate Sales $9.25M Miss $9.35M Estimate
0 · Reply
BinaryLogic
BinaryLogic May. 9 at 2:35 PM
$EARN The Company has a reasonable valuation to traditional measure, fallen 15-20% over the last 3mos, and most notably an 18% (Annualized) Dividend Yield that is paid Monthly. This is a very interesting fixed income investment (IMO) ongoing.
1 · Reply
johannburkard
johannburkard May. 7 at 8:31 PM
$EARN paying $0.08 again and really cheap at the moment. https://www.ellingtoncredit.com/news-releases/news-release-details/ellington-credit-declares-monthly-common-dividend-11
0 · Reply
Dividendaddy
Dividendaddy May. 5 at 4:42 PM
$EARN should i get out of this i entered at 6.60 earlier in the year seems to keep droping is this the bottom???
1 · Reply
johannburkard
johannburkard Apr. 25 at 12:14 PM
Price returns of $EIC, $ECC, $OXLC, $CCIF and $EARN since February 19th. $ECC, $OXLC and $EIC pretty much identical. $CCIF and $EARN a bit further down.
1 · Reply
Zaxxon
Zaxxon Apr. 23 at 3:40 PM
$SMHB Happy payday everyone! I'm another month holder. So many (fingers crossed) bargains for long divvy buyer holders. I used the divvy's to add small amounts of MVRL (no board here) $OXL $EARN $DX $ORC keep the money tree growing!
0 · Reply
JarvisFlow
JarvisFlow Apr. 17 at 6:04 PM
UBS has updated their rating for Ellington Credit ( $EARN ) to Neutral with a price target of 5.25.
0 · Reply
ajmrtxl
ajmrtxl Apr. 11 at 3:50 PM
$EARN's latest data on SqueezeFinder
0 · Reply
Chrochne
Chrochne Apr. 11 at 8:09 AM
$EARN HI guys, just a note for EU investors. They are working on the KID document in EARN, so we can buy this great stock again. Wrote them just yesterday. KID stands for Key Information Document and is one of the annoying EU new rules.. I do hope we will be able to buy soon once again.
2 · Reply