Ellington Credit (EARN) Stock Price, News & Analysis

Company Overview

Ellington Credit, Inc. (NYSE: EARN) is a closed‐end management investment company structured as a business development company (BDC). Established in 2018 and headquartered in New York City, the firm aims to generate current income and capital appreciation through investment in a diversified portfolio of credit and fixed‐income instruments. As a publicly traded entity, Ellington Credit provides investors with access to a broad range of credit opportunities that might otherwise be available only to institutional investors.

The company’s investment portfolio spans multiple asset classes, including residential and commercial mortgage‐backed securities (both agency and non-agency), collateralized loan obligations (CLOs), asset-backed securities (ABS), and corporate debt instruments. Ellington Credit also selectively invests in first-lien and senior secured loans, alternative credit strategies and other structured products. The firm employs both fundamental credit analysis and quantitative risk management techniques to structure positions across the credit spectrum.

Ellington Credit is externally managed by Ellington Financial Management, an affiliate of Ellington Financial LLC, which was founded in 1994 and has a multi-decade track record in mortgage and credit markets. The management team combines experienced credit analysts, traders and portfolio managers who leverage proprietary models for market forecasting, stress testing and hedging. This integrated approach allows the firm to identify value in changing market conditions while seeking to preserve capital and manage downside risk.

Serving predominantly North American markets, Ellington Credit adheres to the regulatory framework governing BDCs under the Investment Company Act of 1940. The company’s board of directors and senior leadership include professionals with deep backgrounds in fixed income, securitization and structured finance. By blending active portfolio management with disciplined risk controls, Ellington Credit positions itself to navigate credit cycles and deliver attractive risk‐adjusted returns for its shareholders.

Key Stats

• Today's Range: $5.90 to $5.95
• 50-Day Range: $5.30 to $5.95
• 52-Week Range: $4.33 to $7.20
• Volume: 159,004 shs
• Average Volume: 522,310 shs
• Market Capitalization: $223.29 million
• P/E Ratio: N/A
• Dividend Yield: 16.15%
• Price Target: $6.00
• Consensus Rating: Moderate Buy

Ellington Credit Stock Analysis - MarketRank™

Ellington Credit scored higher than 26% of companies evaluated by MarketBeat, and ranked 825th out of 935 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: 1.3 / 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 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -3.42%

Earnings Growth

Earnings for Ellington Credit are expected to decrease by -3.42% in the coming year, from $1.17 to $1.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ellington Credit is -45.73, 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 -45.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Ellington Credit has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.78% 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 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ellington Credit has recently increased by 39.33%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Ellington Credit is a leading dividend payer. It pays a dividend yield of 16.22%, 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.

Dividend Sustainability

Based on EPS estimates, Ellington Credit will have a dividend payout ratio of 84.96% in the coming year. This indicates that Ellington Credit may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.78% 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 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ellington Credit has recently increased by 39.33%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.19

News Sentiment

Ellington Credit has a news sentiment score of 1.19. 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 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Ellington Credit this week, compared to 3 articles on an average week.

Search Interest

17 people have searched for EARN on MarketBeat in the last 30 days. This is an increase of 89% compared to the previous 30 days.

MarketBeat Follows

2 people have added Ellington Credit to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 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

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

Percentage Held by Institutions

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

EARN Stock Analysis - Frequently Asked Questions

How have EARN shares performed this year?

Ellington Credit's stock was trading at $6.62 on January 1st, 2025. Since then, EARN shares have decreased by 10.2% and is now trading at $5.9450.

How were Ellington Credit's earnings last quarter?

Ellington Credit Company (NYSE:EARN) announced its quarterly earnings data on Tuesday, May, 20th. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.01. The real estate investment trust had revenue of $9.25 million for the quarter, compared to analyst estimates of $10.35 million. Ellington Credit had a positive trailing twelve-month return on equity of 17.67% and a negative net margin of 21.82%.
Read the conference call transcript.

Who are Ellington Credit's major shareholders?

Ellington Credit's top institutional investors include Clear Harbor Asset Management LLC (0.93%).
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.

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 AGNC Investment (AGNC), Energy Transfer (ET), Oxford Lane Capital (OXLC), Orchid Island Capital (ORC), Ellington Financial (EFC), Cornerstone Total Return Fund (CRF) and Cornerstone Strategic Investment Fund (CLM).

Company Calendar

• Last Earnings: 5/20/2025
• Record date for 7/31 Dividend: 6/30/2025
• Ex-Dividend for 7/31 Dividend: 6/30/2025
• Today: 7/14/2025
• Record date for 8/29 Dividend: 7/31/2025
• Ex-Dividend for 8/29 Dividend: 7/31/2025
• Dividend Payable: 7/31/2025
• Next Earnings (Estimated): 8/11/2025
• Dividend Payable: 8/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - MTGE TRUST
• Sub-Industry: Trading
• Current Symbol: NYSE:EARN
• CIK: 1560672
• Web: www.earnreit.com
• Phone: (203) 698-1200
• Fax: N/A
• Employees: 170
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ellington Credit: $6.00
• High Price Target: $6.50
• Low Price Target: $5.50
• Potential Upside/Downside: +0.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.13)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 5.08
• P/E Growth: N/A
• Net Income: $6.59 million
• Net Margins: -21.82%
• Pretax Margin: 14.23%
• Return on Equity: 17.67%
• Return on Assets: 3.74%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.14
• Quick Ratio: 0.14

Sales & Book Value

• Annual Sales: $15.88 million
• Price / Sales: 14.06
• Cash Flow: $1.08 per share
• Price / Cash Flow: 5.50
• Book Value: $6.64 per share
• Price / Book: 0.90

Miscellaneous

• Outstanding Shares: 37,559,000
• Free Float: 37,033,000
• Market Cap: $223.29 million
• Optionable: Optionable
• Beta: 1.29