Ellington Credit Company (EARN)
NYSE: EARN · Real-Time Price · USD
6.56
+0.10 (1.55%)
Dec 20, 2024, 4:00 PM EST - Market closed

Ellington Credit Company Statistics

Total Valuation

EARN has a market cap or net worth of $188.93 million. The enterprise value is $611.84 million.

Market Cap 188.93M
Enterprise Value 611.84M

Important Dates

The last earnings date was Tuesday, November 12, 2024, after market close.

Earnings Date Nov 12, 2024
Ex-Dividend Date Dec 31, 2024

Share Statistics

EARN has 28.80 million shares outstanding. The number of shares has increased by 46.53% in one year.

Current Share Class 28.80M
Shares Outstanding 28.80M
Shares Change (YoY) +46.53%
Shares Change (QoQ) +25.73%
Owned by Insiders (%) 1.58%
Owned by Institutions (%) 23.47%
Float 28.34M

Valuation Ratios

The trailing PE ratio is 6.41 and the forward PE ratio is 5.73.

PE Ratio 6.41
Forward PE 5.73
PS Ratio n/a
Forward PS 6.11
PB Ratio 0.96
P/TBV Ratio 0.99
P/FCF Ratio 77.69
P/OCF Ratio 77.69
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 29.09
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 251.58

Financial Position

The company has a current ratio of 0.24, with a Debt / Equity ratio of 2.59.

Current Ratio 0.24
Quick Ratio 0.24
Debt / Equity 2.59
Debt / EBITDA n/a
Debt / FCF 204.27
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 13.88%.

Return on Equity (ROE) 13.88%
Return on Assets (ROA) 2.32%
Return on Capital (ROIC) n/a
Revenue Per Employee n/a
Profits Per Employee $140,200
Employee Count 150
Asset Turnover n/a
Inventory Turnover n/a

Taxes

In the past 12 months, EARN has paid $691,000 in taxes.

Income Tax 691,000
Effective Tax Rate 3.18%

Stock Price Statistics

The stock price has increased by +3.47% in the last 52 weeks. The beta is 1.90, so EARN's price volatility has been higher than the market average.

Beta (5Y) 1.90
52-Week Price Change +3.47%
50-Day Moving Average 6.70
200-Day Moving Average 6.84
Relative Strength Index (RSI) 44.11
Average Volume (20 Days) 482,238

Short Selling Information

The latest short interest is 715,991, so 2.49% of the outstanding shares have been sold short.

Short Interest 715,991
Short Previous Month 535,356
Short % of Shares Out 2.49%
Short % of Float 2.53%
Short Ratio (days to cover) 1.50

Income Statement

In the last 12 months, EARN had revenue of -$15.58 million and earned $21.03 million in profits. Earnings per share was $1.02.

Revenue -15.58M
Gross Profit -15.58M
Operating Income -23.47M
Pretax Income 6.49M
Net Income 21.03M
EBITDA n/a
EBIT n/a
Earnings Per Share (EPS) $1.02
Full Income Statement

Balance Sheet

The company has $73.87 million in cash and $496.78 million in debt, giving a net cash position of -$422.91 million or -$14.68 per share.

Cash & Cash Equivalents 73.87M
Total Debt 496.78M
Net Cash -422.91M
Net Cash Per Share -$14.68
Equity (Book Value) 191.63M
Book Value Per Share 6.85
Working Capital -427.42M
Full Balance Sheet

Cash Flow

Operating Cash Flow 2.43M
Capital Expenditures n/a
Free Cash Flow 2.43M
FCF Per Share $0.08
Full Cash Flow Statement

Margins

Gross Margin n/a
Operating Margin 150.65%
Pretax Margin -139.45%
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 14.63%.

Dividend Per Share $0.96
Dividend Yield 14.63%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 93.83%
Buyback Yield -46.53%
Shareholder Yield -31.90%
Earnings Yield 11.13%
FCF Yield 1.29%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus Hold
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 3