Ellington Credit Company (EARN)
| Market Cap | 169.48M -22.9% |
| Revenue (ttm) | 41.60M |
| Net Income | -33.77M |
| EPS | -0.88 |
| Shares Out | 38.17M |
| PE Ratio | n/a |
| Forward PE | 5.19 |
| Dividend | $0.96 (21.62%) |
| Ex-Dividend Date | Aug 31, 2026 |
| Volume | 777,210 |
| Open | 4.480 |
| Previous Close | 4.450 |
| Day's Range | 4.425 - 4.500 |
| 52-Week Range | 4.250 - 5.890 |
| Beta | 1.27 |
| Analysts | Hold |
| Price Target | 5.00 (+12.61%) |
| Earnings Date | Aug 12, 2026 |
About EARN
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.
Financial Performance
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for EARN stock is "Hold." The 12-month stock price target is $5.0, which is an increase of 12.61% from the latest price.
News
Ellington Credit Company Earnings Call Transcript: Q2 2026
Q2 saw strong economic returns, portfolio growth, and improved credit quality, with NII and NAV rising. Management expects further NII growth, supported by active trading, prudent leverage, and favorable CLO market conditions.
Ellington Credit Company Earnings release: Q2 2026
Ellington Credit Company released its Q2 2026 earnings on August 13, 2026, summarizing the period's financial results.
Ellington Credit Company Slides: Q2 2026
Ellington Credit Company has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 13, 2026.
Ellington Credit Company Announces Financial Results for the First Fiscal Quarter Ended June 30, 2026
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the quarter ended June 30, 2026. Highlights Net asset value (NAV) per share was...
Ellington Credit Declares Monthly Common Distribution
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 distribution of $0.08 per sha...
Ellington Credit Company Announces Release Date of Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended June 30, 2026 after market clo...
Ellington Credit price target lowered to $5 from $5.25 at Piper Sandler
Piper Sandler lowered the firm’s price target on Ellington Credit (EARN) to $5 from $5.25 and keeps an Overweight rating on the shares. Asset managers have faced a difficult first…
Ellington Credit Declares Monthly Common Dividend
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, ...
Ellington Credit Company Transcript: AGM 2026
The meeting confirmed the election of all nominated Trustees and ratified the independent auditor for the next fiscal year. Board diligence and shareholder engagement were emphasized, with cautionary notes on forward-looking statements and risks.
Ellington Credit Company Earnings Call Transcript: Q1 2026
Q1 2026 saw technical-driven NAV declines and a GAAP net loss, but active trading, a focus on mezzanine debt, and a timely debt issuance positioned the fund for recovery. Improved market conditions in Q2 and portfolio rotations are expected to boost adjusted NII and support dividend coverage.
Ellington Credit Company Earnings release: Q1 2026
Ellington Credit Company released its Q1 2026 earnings on May 20, 2026, summarizing the period's financial results.
Ellington Credit Company Slides: Q1 2026
Ellington Credit Company has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 20, 2026.
Ellington Credit reports Q4 adjusted NII 19c, two estimates 24c
“The first calendar quarter of 2026 was marked by continued headwinds and volatility in the CLO market,” said Laurence Penn, Chief Executive Officer and President. “For Ellington Credit (EARN), while…
Ellington Credit Company Announces Financial Results for the Fourth Fiscal Quarter Ended March 31, 2026
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 wa...
Ellington Credit Company Proxy statement: Proxy filing
Ellington Credit Company filed a proxy statement on May 5, 2026, providing details for shareholder voting and corporate governance matters.
Ellington Credit Company Proxy statement: Proxy filing
Ellington Credit Company filed a proxy statement on May 5, 2026, providing details for shareholder voting and corporate governance matters.
Ellington Credit Company Closes Offering of Unsecured Notes
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the “Fund”) today announced the closing of its previously announced underwritten public offering of $50.0 million aggregat...
Ellington Credit Company Prices Offering of Unsecured Notes
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the “Fund”) today announced the pricing of an underwritten public offering of $50 million aggregate principal amount of 8....
Ellington Credit announces offering of unsecured notes
Ellington Credit (EARN) Company announced the commencement of an underwritten public offering of unsecured notes due 2031. The public offering price, interest rate, and other terms will be determined ...
Ellington Credit Company Announces Offering of Unsecured Notes
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the “Fund”) today announced the commencement of an underwritten public offering of unsecured notes due 2031 (the “2031 Not...
Ellington Credit price target lowered to $5.50 from $6 at Piper Sandler
Piper Sandler analyst Crispin Love lowered the firm’s price target on Ellington Credit (EARN) to $5.50 from $6 and keeps an Overweight rating on the shares. The firm notes core…
Ellington Credit Company Earnings Call Transcript: Q4 2025
Q4 2025 saw significant CLO equity declines, but active trading and a shift to mezzanine debt limited losses to 9% of NAV, outperforming peers. The fund reported a $0.56 per share net loss, maintained high diversification, and is exploring new debt issuance to capitalize on distressed opportunities.
Ellington Credit Company Earnings release: Q4 2025
Ellington Credit Company released its Q4 2025 earnings on March 5, 2026, summarizing the period's financial results.
Ellington Credit Company Slides: Q4 2025
Ellington Credit Company has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 5, 2026.
Ellington Credit Company Slides: Investor presentation
Ellington Credit Company has posted slides in relation to its latest quarterly earnings report, which was published on March 5, 2026.