Summary
7.00 0.03(0.36%)09/27/2024
Ellington Residential Mortgage REIT (EARN)
Ellington Residential Mortgage REIT (EARN)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.36 | -0.50 | -0.78 | -0.71 | 1.82 | 14.30 | 4.87 | 31.98 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 7.00 | |
| Open | 6.99 | |
| High | 7.01 | |
| Low | 6.96 | |
| Volume | 396,553 | |
| Change | 0.03 | |
| Change % | 0.36 | |
| Avg Volume (20 Days) | 369,356 | |
| Volume/Avg Volume (20 Days) Ratio | 1.07 | |
| 52 Week Range | 5.09 - 7.26 | |
| Price vs 52 Week High | -3.65% | |
| Price vs 52 Week Low | 37.43% | |
| Range | 0.07 | |
| Gap Up/Down | 0.00 | |
Fundamentals | ||
| Market Capitalization (Mln) | 177 | |
| EBIDTA | 0 | |
| PE Ratio | 22.8387 | |
| PEG Ratio | -1.7900 | |
| WallStreet Target Price | 9.83 | |
| Book Value | 7.3240 | |
| Earnings Per Share | 0.3100 | |
| EPS Estimate Current Quarter | 0.2300 | |
| EPS Estimate Next Quarter | 0.2300 | |
| EPS Estimate Current Year | 1.0800 | |
| EPS Estimate Next Year | 1.1000 | |
| Diluted EPS (TTM) | 0.3100 | |
| Revenues | ||
| Profit Marging | 0.0000 | |
| Operating Marging (TTM) | 1.0495 | |
| Return on asset (TTM) | 0.0046 | |
| Return on equity (TTM) | 0.0367 | |
| Revenue TTM | -65,000 | |
| Revenue per share TTM | -0.0040 | |
| Quarterly Revenue Growth (YOY) | -0.8290 | |
| Quarterly Earnings Growth (YOY) | -0.1510 | |
| Gross Profit (TTM) | 84,582,000 | |
| Dividends | ||
| Dividend Share | 0.9600 | |
| Dividend Yield | 0.1356 | |
| Valuations | ||
| Trailing PE | 22.8387 | |
| Forward PE | 6.8213 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.9616 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 19,819,600 | |
| Shares Float | 19,421,434 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.02 | |
| Insider (%) | 2.01 | |
| Institutions (%) | 20.10 | |
09/24 22:57 EST - seekingalpha.com
Ellington Credit: Interest Rate Cuts Could Help The REIT
The recent Federal Reserve interest rate cut benefits REITs, including Ellington Credit, which has struggled with high rates but now shows potential for improved performance. EARN stands out for its strong dividend payments and attractive price-to-distributable earnings per share, making it a solid choice for income investors. Trading at a price/book ratio close to 1, Ellington Credit's assets are expected to increase in value with declining interest rates, enhancing its investment appeal.
Ellington Credit: Interest Rate Cuts Could Help The REIT
The recent Federal Reserve interest rate cut benefits REITs, including Ellington Credit, which has struggled with high rates but now shows potential for improved performance. EARN stands out for its strong dividend payments and attractive price-to-distributable earnings per share, making it a solid choice for income investors. Trading at a price/book ratio close to 1, Ellington Credit's assets are expected to increase in value with declining interest rates, enhancing its investment appeal.
09/23 16:49 EST - businesswire.com
Ellington Credit Postpones its Annual Meeting of Shareholders
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced the postponement of its 2024 Annual Meeting of Shareholders (the "Annual Meeting"), originally scheduled for September 26, 2024. The Annual Meeting is being postponed to allow the Company to provide additional materials relating to the definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the “SEC”) on August 16, 2024 (the "Proxy Statement"), and t.
Ellington Credit Postpones its Annual Meeting of Shareholders
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced the postponement of its 2024 Annual Meeting of Shareholders (the "Annual Meeting"), originally scheduled for September 26, 2024. The Annual Meeting is being postponed to allow the Company to provide additional materials relating to the definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the “SEC”) on August 16, 2024 (the "Proxy Statement"), and t.
09/09 16:29 EST - businesswire.com
Ellington Credit Declares Monthly Common Dividend
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on October 25, 2024 to shareholders of record as of September 30, 2024. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwa.
Ellington Credit Declares Monthly Common Dividend
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on October 25, 2024 to shareholders of record as of September 30, 2024. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwa.
08/13 15:30 EST - seekingalpha.com
Ellington Credit Company (EARN) Q2 2024 Earnings Call Transcript
Ellington Credit Company (NYSE:EARN ) Q2 2024 Earnings Conference Call August 13, 2024 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel Larry Penn - CEO Chris Smernoff - CFO Mark Tecotzky - Co-CIO Gregory Borenstein - Co-Head of Corporate Credit JR Herlihy - COO Conference Call Participants Jason Weaver - JonesTrading Eric Hagen - BTIG Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Ellington Credit Company 2024 Second Quarter Financial Results Conference Call.
Ellington Credit Company (EARN) Q2 2024 Earnings Call Transcript
Ellington Credit Company (NYSE:EARN ) Q2 2024 Earnings Conference Call August 13, 2024 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel Larry Penn - CEO Chris Smernoff - CFO Mark Tecotzky - Co-CIO Gregory Borenstein - Co-Head of Corporate Credit JR Herlihy - COO Conference Call Participants Jason Weaver - JonesTrading Eric Hagen - BTIG Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Ellington Credit Company 2024 Second Quarter Financial Results Conference Call.
08/12 19:41 EST - zacks.com
Ellington Credit (EARN) Q2 Earnings Surpass Estimates
Ellington Credit (EARN) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.17 per share a year ago.
Ellington Credit (EARN) Q2 Earnings Surpass Estimates
Ellington Credit (EARN) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.17 per share a year ago.
08/12 17:28 EST - businesswire.com
Ellington Credit Company Reports Second Quarter 2024 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company, formerly known as Ellington Residential Mortgage REIT (NYSE: EARN) ("we", "us," or "our"), today reported financial results for the quarter ended June 30, 2024. Highlights Net income (loss) of $(0.8) million, or $(0.04) per share. Adjusted Distributable Earnings1 of $7.3 million, or $0.36 per share. Book value of $6.91 per share as of June 30, 2024, which includes the effects of dividends of $0.24 per share for the quarter. Net in.
Ellington Credit Company Reports Second Quarter 2024 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company, formerly known as Ellington Residential Mortgage REIT (NYSE: EARN) ("we", "us," or "our"), today reported financial results for the quarter ended June 30, 2024. Highlights Net income (loss) of $(0.8) million, or $(0.04) per share. Adjusted Distributable Earnings1 of $7.3 million, or $0.36 per share. Book value of $6.91 per share as of June 30, 2024, which includes the effects of dividends of $0.24 per share for the quarter. Net in.
08/01 16:15 EST - businesswire.com
Ellington Credit Company Announces Release Date of Second Quarter 2024 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended June 30, 2024 after market close on Monday, August 12, 2024. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Tuesday, August 13, 2024. To participate in the event by telephone, please dial (800) 579-2543 at least 10 minutes prior to the start time and reference the conferen.
Ellington Credit Company Announces Release Date of Second Quarter 2024 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended June 30, 2024 after market close on Monday, August 12, 2024. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Tuesday, August 13, 2024. To participate in the event by telephone, please dial (800) 579-2543 at least 10 minutes prior to the start time and reference the conferen.
07/26 08:38 EST - seekingalpha.com
81 Monthly Paid Dividend Stocks And 80 MoPay Funds For July
Imagine stocks and funds paying you dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is reduced 300%, or more! These July U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (81); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.6% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs.Equities; 4. Fund risks/rewards. All per prices as of 7/23/24.
81 Monthly Paid Dividend Stocks And 80 MoPay Funds For July
Imagine stocks and funds paying you dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is reduced 300%, or more! These July U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (81); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.6% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs.Equities; 4. Fund risks/rewards. All per prices as of 7/23/24.
07/10 10:42 EST - zacks.com
Are Finance Stocks Lagging Ellington Credit Company (EARN) This Year?
Here is how Ellington Credit (EARN) and Credicorp (BAP) have performed compared to their sector so far this year.
Are Finance Stocks Lagging Ellington Credit Company (EARN) This Year?
Here is how Ellington Credit (EARN) and Credicorp (BAP) have performed compared to their sector so far this year.
07/03 21:48 EST - seekingalpha.com
Ellington Credit: 14% Yield, Major Strategic Change, 4% BV Discount
Ellington Credit Co. rebranded in April 2024, shifting focus from Mortgage-Backed Securities to Collateralized Debt Obligations. The company plans to maintain a $0.08 per share per month dividend, with a 5% discount to book value. Ellington Credit's transition to CLO investments may lead to less earnings volatility and a higher quality of earnings, making it a 'Buy' for passive income investors.
Ellington Credit: 14% Yield, Major Strategic Change, 4% BV Discount
Ellington Credit Co. rebranded in April 2024, shifting focus from Mortgage-Backed Securities to Collateralized Debt Obligations. The company plans to maintain a $0.08 per share per month dividend, with a 5% discount to book value. Ellington Credit's transition to CLO investments may lead to less earnings volatility and a higher quality of earnings, making it a 'Buy' for passive income investors.
06/20 13:00 EST - zacks.com
Ellington Credit (EARN) Upgraded to Strong Buy: Here's What You Should Know
Ellington Credit (EARN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Ellington Credit (EARN) Upgraded to Strong Buy: Here's What You Should Know
Ellington Credit (EARN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
05/29 10:35 EST - zacks.com
Ellington Credit (EARN) Recently Broke Out Above the 20-Day Moving Average
After reaching an important support level, Ellington Credit (EARN) could be a good stock pick from a technical perspective. EARN surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
Ellington Credit (EARN) Recently Broke Out Above the 20-Day Moving Average
After reaching an important support level, Ellington Credit (EARN) could be a good stock pick from a technical perspective. EARN surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
05/17 13:01 EST - zacks.com
All You Need to Know About Ellington Credit (EARN) Rating Upgrade to Buy
Ellington Credit (EARN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
All You Need to Know About Ellington Credit (EARN) Rating Upgrade to Buy
Ellington Credit (EARN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
05/15 16:50 EST - seekingalpha.com
Ellington Credit Company (EARN) Q1 2024 Earnings Call Transcript
Ellington Credit Company (NYSE:EARN ) Q1 2024 Earnings Conference Call May 15, 2024 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel Larry Penn - CEO Chris Smernoff - CFO Mark Tecotzky - Co-CIO Gregory Borenstein - Co-Head of Corporate Credit Conference Call Participants Crispin Love - Piper Sandler Doug Harter - UBS Matthew Erdner - JonesTrading Operator Good morning ladies and gentlemen. Thank you for standing by.
Ellington Credit Company (EARN) Q1 2024 Earnings Call Transcript
Ellington Credit Company (NYSE:EARN ) Q1 2024 Earnings Conference Call May 15, 2024 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel Larry Penn - CEO Chris Smernoff - CFO Mark Tecotzky - Co-CIO Gregory Borenstein - Co-Head of Corporate Credit Conference Call Participants Crispin Love - Piper Sandler Doug Harter - UBS Matthew Erdner - JonesTrading Operator Good morning ladies and gentlemen. Thank you for standing by.
05/14 16:19 EST - businesswire.com
Ellington Credit Company Reports First Quarter 2024 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company, formerly known as Ellington Residential Mortgage REIT (NYSE: EARN) ("we", "us," or "our"), today reported financial results for the quarter ended March 31, 2024. Highlights Net income (loss) of $4.0 million, or $0.20 per share. Adjusted Distributable Earnings1 of $5.3 million, or $0.27 per share. Book value of $7.21 per share as of March 31, 2024, which includes the effects of dividends of $0.24 per share for the quarter. Net inte.
Ellington Credit Company Reports First Quarter 2024 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company, formerly known as Ellington Residential Mortgage REIT (NYSE: EARN) ("we", "us," or "our"), today reported financial results for the quarter ended March 31, 2024. Highlights Net income (loss) of $4.0 million, or $0.20 per share. Adjusted Distributable Earnings1 of $5.3 million, or $0.27 per share. Book value of $7.21 per share as of March 31, 2024, which includes the effects of dividends of $0.24 per share for the quarter. Net inte.
05/04 07:19 EST - 247wallst.com
Want $1,200 per Month in Passive Income? Invest in These Stocks
$178.25 Dynamic Income Opportunities Fund (NYSE:PDO) 14.21% $177.63 Apollo Senior Floating Rate Fund Inc.
Want $1,200 per Month in Passive Income? Invest in These Stocks
$178.25 Dynamic Income Opportunities Fund (NYSE:PDO) 14.21% $177.63 Apollo Senior Floating Rate Fund Inc.