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Ellington Credit (EARN) Stock Forecast & Price Target

$6.74
0.00 (0.00%)
(As of 10/11/2024 ET)

Ellington Credit - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
0

Based on 2 Wall Street analysts who have issued ratings for Ellington Credit in the last 12 months, the stock has a consensus rating of "Hold." Out of the 2 analysts, 2 have given a hold rating for EARN.

Consensus Price Target

$6.00
-10.98% Downside
According to the 2 analysts' twelve-month price targets for Ellington Credit, the average price target is $6.00. The highest price target for EARN is $6.00, while the lowest price target for EARN is $6.00. The average price target represents a forecasted downside of -10.98% from the current price of $6.74.
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EARN Analyst Ratings Over Time

TypeCurrent Forecast
10/13/23 to 10/12/24
1 Month Ago
9/13/23 to 9/12/24
3 Months Ago
7/15/23 to 7/14/24
1 Year Ago
10/13/22 to 10/13/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$6.00$6.00$6.00$7.50
Forecasted Upside-10.98% Downside-13.23% Downside-14.65% Downside27.99% Upside
Consensus Rating
Hold
Hold
Hold
Hold

EARN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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EARN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ellington Credit Stock vs. The Competition

TypeEllington CreditFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.48
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-10.98% Downside14.91% Upside6.81% Upside
News Sentiment Rating
Positive News

See Recent EARN News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/18/2024JMP Securities
2 of 5 stars
 Reiterated RatingMarket Perform
12/6/2023UBS Group
4 of 5 stars
 Initiated CoverageNeutral$6.00-0.83%
12/19/2022Jonestrading
1 of 5 stars
 Initiated CoverageHold
12/2/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$7.50+1.49%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:40 AM ET.


EARN Forecast - Frequently Asked Questions

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Ellington Credit is $6.00, with a high forecast of $6.00 and a low forecast of $6.00.

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ellington Credit in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EARN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EARN, but not buy additional shares or sell existing shares.

According to analysts, Ellington Credit's stock has a predicted downside of -10.98% based on their 12-month stock forecasts.

Analysts like Ellington Credit less than other "finance" companies. The consensus rating score for Ellington Credit is 2.00 while the average consensus rating score for "finance" companies is 2.48. Learn more on how EARN compares to other companies.


This page (NYSE:EARN) was last updated on 10/12/2024 by MarketBeat.com Staff
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