Positive News SentimentPositive NewsNYSE:EARN Ellington Credit (EARN) Stock Price, News & Analysis $6.81 -0.01 (-0.15%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$6.76▼$6.8550-Day Range$6.52▼$7.1552-Week Range$5.09▼$7.26Volume264,861 shsAverage Volume302,133 shsMarket Capitalization$139.43 millionP/E Ratio23.48Dividend Yield14.10%Price Target$6.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Ellington Credit alerts: Email Address Ellington Credit MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside11.9% Downside$6.00 Price TargetShort InterestHealthy1.66% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-5.17%From $1.16 to $1.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.93 out of 5 starsFinance Sector773rd out of 871 stocksReal Estate Investment Trusts Industry152nd out of 178 stocks 1.0 Analyst's Opinion Consensus RatingEllington Credit has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEllington Credit has received no research coverage in the past 90 days.Read more about Ellington Credit's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.66% of the outstanding shares of Ellington Credit have been sold short.Short Interest Ratio / Days to CoverEllington Credit has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ellington Credit has recently decreased by 12.78%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Credit is a leading dividend payer. It pays a dividend yield of 14.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEllington Credit does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ellington Credit is 331.03%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Ellington Credit will have a dividend payout ratio of 87.27% in the coming year. This indicates that Ellington Credit may not be able to sustain their current dividend.Read more about Ellington Credit's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EARN. Previous Next 2.5 News and Social Media Coverage News SentimentEllington Credit has a news sentiment score of 1.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Ellington Credit this week, compared to 2 articles on an average week.Search InterestOnly 11 people have searched for EARN on MarketBeat in the last 30 days. This is a decrease of -66% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Ellington Credit to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ellington Credit insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.50% of the stock of Ellington Credit is held by insiders.Percentage Held by InstitutionsOnly 20.40% of the stock of Ellington Credit is held by institutions.Read more about Ellington Credit's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Ellington Credit are expected to decrease by -5.17% in the coming year, from $1.16 to $1.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Credit is 23.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Credit is 23.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.64.Price to Book Value per Share RatioEllington Credit has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Ellington Credit's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Timothy SykesTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…Click here to see a unique election-year trade About Ellington Credit Stock (NYSE:EARN)Ellington Credit Company, a real estate investment trust, acquires, invests in, and manages residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), including agency pools and agency collateralized mortgage obligations (CMOs); and non-agency RMBS, such as non-agency CMOs, such as investment grade and non-investment grade. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. 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 based in Old Greenwich, Connecticut.Read More EARN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EARN Stock News HeadlinesAugust 29, 2024 | americanbankingnews.comEllington Credit Plans Monthly Dividend of $0.08 (NYSE:EARN)August 28, 2024 | americanbankingnews.comHead to Head Analysis: Ellington Credit (NYSE:EARN) versus Brixmor Property Group (NYSE:BRX)September 7, 2024 | Golden Crest (Ad)Biden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.August 28, 2024 | americanbankingnews.comComparing Brixmor Property Group (NYSE:BRX) and Ellington Credit (NYSE:EARN)August 23, 2024 | finance.yahoo.comEllington Credit Company (EARN): A High-Yield Dividend Stock with a Strategic Shift to CLOsAugust 20, 2024 | morningstar.comEllington Credit Co EARNAugust 17, 2024 | fool.comGot Perfect Credit? 3 Surprising Perks You Might EnjoyAugust 15, 2024 | msn.comHow can students and young people start building credit?September 7, 2024 | Golden Crest (Ad)Biden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.August 14, 2024 | seekingalpha.comEllington Credit Company (EARN) Q2 2024 Earnings Call TranscriptAugust 14, 2024 | gurufocus.comQ2 2024 Ellington Credit Co Earnings Call TranscriptAugust 14, 2024 | gurufocus.comEllington Credit Co (EARN) Q2 2024 Earnings Call Transcript Highlights: Strategic Shifts and ...August 14, 2024 | finance.yahoo.comQ2 2024 Ellington Credit Co Earnings CallAugust 12, 2024 | finance.yahoo.comEllington Credit Company Reports Second Quarter 2024 ResultsAugust 12, 2024 | sfgate.comEllington Credit: Q2 Earnings SnapshotAugust 7, 2024 | seekingalpha.comEllington Financial Inc. (EFC) Q2 2024 Earnings Call TranscriptAugust 7, 2024 | msn.comEllington Credit Company declares $0.08 dividendAugust 7, 2024 | markets.businessinsider.comEllington Financial earnings preview: what Wall Street is expectingSee More Headlines Receive EARN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ellington Credit and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 8/26 Dividend7/31/2024Last Earnings8/12/2024Dividend Payable8/26/2024Ex-Dividend for 9/25 Dividend8/30/2024Today9/07/2024Dividend Payable9/25/2024Next Earnings (Estimated)11/11/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryTrading Current SymbolNYSE:EARN CUSIPN/A CIK1560672 Webwww.earnreit.com Phone(203) 698-1200FaxN/AEmployees170Year FoundedN/APrice Target and Rating Average Stock Price Target$6.00 High Stock Price Target$6.00 Low Stock Price Target$6.00 Potential Upside/Downside-11.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.29 Trailing P/E Ratio23.48 Forward P/E Ratio5.87 P/E GrowthN/ANet Income$4.56 million Net MarginsN/A Pretax Margin127.08% Return on Equity15.19% Return on Assets2.09% Debt Debt-to-Equity RatioN/A Current Ratio0.36 Quick Ratio0.36 Sales & Book Value Annual Sales$10.93 million Price / Sales12.76 Cash Flow$0.82 per share Price / Cash Flow8.28 Book Value$5.77 per share Price / Book1.18Miscellaneous Outstanding Shares20,475,000Free Float19,963,000Market Cap$139.43 million OptionableOptionable Beta1.87 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Laurence Eric Penn (Age 62)CEO, President & Trustee Mr. Christopher M. Smernoff (Age 47)Chief Financial Officer Comp: $92.93kMr. J. R. Herlihy (Age 43)Chief Operating Officer Comp: $152.93kMr. Michael William Vranos (Age 62)Co-Chief Investment Officer & Trustee Mr. Mark Ira Tecotzky (Age 62)Co-Chief Investment Officer Mr. Daniel Reuven Margolis (Age 51)General Counsel Mr. Vincent AmbricoControllerMr. Alaael-Deen ShillehAssociate General Counsel & SecretaryMore ExecutivesKey CompetitorsVinci Partners InvestmentsNASDAQ:VINPNoahNYSE:NOAHAlTi GlobalNASDAQ:ALTICommunity Healthcare TrustNYSE:CHCTPermian Basin Royalty TrustNYSE:PBTView All CompetitorsInstitutional OwnershipTruist Financial CorpSold 1,659 shares on 8/21/2024Ownership: 0.049%Deprince Race & Zollo Inc.Sold 2,500 shares on 8/15/2024Ownership: 0.130%Renaissance Technologies LLCBought 282,600 shares on 8/9/2024Ownership: 3.138%View All Institutional Transactions EARN Stock Analysis - Frequently Asked Questions How have EARN shares performed this year? Ellington Credit's stock was trading at $6.13 on January 1st, 2024. Since then, EARN stock has increased by 11.1% and is now trading at $6.81. View the best growth stocks for 2024 here. How were Ellington Credit's earnings last quarter? Ellington Credit (NYSE:EARN) released its quarterly earnings results on Monday, August, 12th. The real estate investment trust reported $0.36 EPS for the quarter, beating the consensus estimate of $0.24 by $0.12. The real estate investment trust had revenue of $3.90 million for the quarter, compared to analysts' expectations of $6.35 million. Who are Ellington Credit's major shareholders? Ellington Credit's top institutional shareholders include Renaissance Technologies LLC (3.14%), Deprince Race & Zollo Inc. (0.13%) and Truist Financial Corp (0.05%). View institutional ownership trends. How do I buy shares of Ellington Credit? Shares of EARN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Ellington Credit own? Based on aggregate information from My MarketBeat watchlists, some other companies that Ellington Credit investors own include Energy Transfer (ET), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Cornerstone Strategic Value Fund (CLM), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP) and C3.ai (AI). This page (NYSE:EARN) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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