Ellington Credit (EARN) Stock Price, News & Analysis

Company Overview

Ellington Credit Income Fund (NYSE: EARN) is a closed-end management investment company that seeks to generate current income through a diversified portfolio of mortgage- and asset-backed securities. The fund primarily invests in residential mortgage-backed securities (RMBS) and asset-backed securities (ABS), with additional exposure to commercial mortgage-backed securities (CMBS) and related structured credit instruments. To enhance income and manage risk, the fund employs leverage and derivative strategies such as interest rate swaps and credit default swaps, allowing it to adjust duration and credit exposure dynamically.

The fund is externally managed and advised by Ellington Management Group, LLC, an established investment firm specializing in mortgage credit and structured products. The advisory team applies rigorous credit research and quantitative analysis to identify relative-value opportunities in the U.S. mortgage markets. Portfolio construction emphasizes a risk-adjusted approach, balancing yield enhancement with capital preservation to navigate changing interest rate and credit environments.

Since its inception, Ellington Credit Income Fund has focused on U.S. residential and commercial mortgage markets, building a diversified portfolio to mitigate concentration risk. Holdings range from sponsored securitizations and seasoned bonds to bespoke credit structures, with the goal of capturing spread dislocations and credit opportunities. Active management allows the fund to reposition exposures in response to market developments and evolving economic conditions.

The fund offers investors a closed-end structure that combines daily liquidity with the potential for market-driven discounts or premiums to net asset value. Its distribution policy targets regular monthly payouts designed to meet income objectives, making it a candidate for investors seeking yield-oriented strategies in a low-interest-rate environment without the complexity of directly managing leveraged mortgage positions.

Key Stats

• Today's Range: $4.30 to $4.43
• 50-Day Range: $4.33 to $4.93
• 52-Week Range: $4.27 to $5.94
• Volume: 628,057 shs
• Average Volume: 395,375 shs
• Market Capitalization: $162.53 million
• P/E Ratio: N/A
• Dividend Yield: 22.20%
• Price Target: $5.50
• Consensus Rating: Moderate Buy

Ellington Credit Stock Analysis - MarketRank™

Ellington Credit scored higher than 50% of companies evaluated by MarketBeat, and ranked 601st out of 849 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ellington Credit has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 1 buy rating, 1 hold rating, and no sell ratings.

Upside Potential

Ellington Credit has a consensus price target of $5.50, representing about 27.2% upside from its current price of $4.33.

Amount of Analyst Coverage

Ellington Credit has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ellington Credit is -4.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ellington Credit is -4.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.98% of the float of Ellington Credit has been sold short.

Short Interest Ratio / Days to Cover

Ellington Credit has a short interest ratio ("days to cover") of 2.28, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ellington Credit has recently decreased by 21.22%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Ellington Credit is a leading dividend payer. It pays a dividend yield of 22.22%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Ellington Credit does not have a long track record of dividend growth.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

18 people have searched for EARN on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Ellington Credit to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ellington Credit insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.40% of the stock of Ellington Credit is held by insiders.

Percentage Held by Institutions

20.40% of the stock of Ellington Credit is held by institutions.

Company Calendar

• Last Earnings: 5/20/2026
• Record date for 7/31 Dividend: 6/30/2026
• Ex-Dividend for 7/31 Dividend: 6/30/2026
• Record date for 8/31 Dividend: 7/31/2026
• Ex-Dividend for 8/31 Dividend: 7/31/2026
• Dividend Payable: 7/31/2026
• Today: 8/03/2026
• Next Earnings (Estimated): 8/18/2026
• Dividend Payable: 8/31/2026
• Fiscal Year End: 3/31/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NYSE:EARN
• CIK: 1560672
• Web: www.earnreit.com
• Phone: (203) 698-1200
• Fax: N/A
• Employees: 170
• Year Founded: 2012

Price Target and Rating

• Average Price Target for Ellington Credit: $5.50
• High Price Target: $6.00
• Low Price Target: $5.00
• Potential Upside/Downside: +27.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$38.85 million
• Net Margins: -75.00%
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $51.80 million
• Price / Sales: 3.14
• Cash Flow: $0.74 per share
• Price / Cash Flow: 5.86
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 37,580,000
• Free Float: 37,057,000
• Market Cap: $162.53 million
• Optionable: Optionable
• Beta: 1.28