Ellington Credit Company (EARN)
NYSE: EARN · Real-Time Price · USD
6.63
+0.06 (0.90%)
Nov 21, 2024, 1:07 PM EST - Market open
Ellington Credit Company Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for EARN stock has a target of 6.00, which predicts a decrease of -9.49% from the current stock price of 6.63.
Analyst Consensus: Hold
* Price targets were last updated on Dec 6, 2023.
Analyst Ratings
The average analyst rating for EARN stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 19, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 18, 2024 |
| UBS | UBS | Hold Initiates $6 | Hold | Initiates | $6 | -9.49% | Dec 6, 2023 |
| JonesTrading | JonesTrading | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Dec 19, 2022 |
| Piper Sandler | Piper Sandler | Buy Maintains $9.5 → $8 | Buy | Maintains | $9.5 → $8 | +20.68% | Oct 3, 2022 |
Financial Forecast
Revenue This Year
15.41M
Revenue Next Year
23.29M
from 15.41M
Increased by 51.17%
EPS This Year
1.22
from 0.31
Increased by 298.27%
EPS Next Year
1.20
from 1.22
Decreased by -1.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.9M | 32.8M | 30.4M |
| Avg | 15.4M | 23.3M | 29.5M |
| Low | 10.1M | 14.1M | 28.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 113.0% | 30.5% |
| Avg | - | 51.2% | 26.8% |
| Low | - | -8.3% | 21.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.29 | 1.29 | 1.32 |
| Avg | 1.22 | 1.20 | 1.29 |
| Low | 1.14 | 1.08 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 321.4% | 5.8% | 10.2% |
| Avg | 298.3% | -1.7% | 7.1% |
| Low | 270.9% | -11.7% | 2.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.