EARN Stock Overview
A real estate investment trust, acquires, invests in, and manages residential mortgage-and real estate-related assets. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
+ 2 more risks
Community Narratives
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Ellington Credit Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.65 |
| 52 Week High | US$7.26 |
| 52 Week Low | US$5.54 |
| Beta | 1.91 |
| 11 Month Change | -4.86% |
| 3 Month Change | -3.06% |
| 1 Year Change | 9.38% |
| 33 Year Change | -41.92% |
| 5 Year Change | -40.09% |
| Change since IPO | -65.88% |
Recent News & Updates
Recent updates
Ellington Credit: Interest Rate Cuts Could Help The REIT
Sep 25Ellington Credit: 14% Yield, Major Strategic Change, 4% BV Discount
Jul 04EARN: Transforming From A 14% Yielding REIT To A CLO CEF
Apr 18Ellington Residential's 14% Yield Could Be Sustainable In 2024
Mar 23Ellington Residential Mortgage REIT: This 15% Yielding Mortgage Trust Could Outperform (Upgrade)
Sep 26Ellington Residential Mortgage REIT declares $0.08 dividend
Feb 07Ellington Residential Mortgage REIT declares $0.08 dividend
Jan 09Ellington Residential: Wait For A Drop Before Buying This 14% Yield
Jan 03Ellington Residential Mortgage REIT declares $0.08 dividend
Dec 07Ellington Residential Mortgage REIT Non-GAAP EPS of $0.23 misses by $0.01, TII of $5.19M beats by $0.69M
Nov 09Ellington Residential Mortgage REIT declares $0.08 dividend
Oct 06Shareholder Returns
| EARN | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 4.4% | 0.2% | -1.2% |
| 1Y | 9.4% | 55.4% | 30.4% |
Return vs Industry: EARN underperformed the US Capital Markets industry which returned 55.4% over the past year.
Return vs Market: EARN underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| EARN volatility | |
|---|---|
| EARN Average Weekly Movement | 2.5% |
| Capital Markets Industry Average Movement | 3.9% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: EARN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: EARN's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Larry Penn | www.ellingtoncredit.com |
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.
Ellington Credit Company Fundamentals Summary
| EARN fundamental statistics | |
|---|---|
| Market cap | US$168.42m |
| Earnings (TTM) | US$21.03m |
| Revenue (TTM) | n/a |
8.0x
P/E Ratio-8.9x
P/S RatioIs EARN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EARN income statement (TTM) | |
|---|---|
| Revenue | -US$18.85m |
| Cost of Revenue | US$0 |
| Gross Profit | -US$18.85m |
| Other Expenses | -US$39.88m |
| Earnings | US$21.03m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.83 |
| Gross Margin | 100.00% |
| Net Profit Margin | -111.57% |
| Debt/Equity Ratio | 259.2% |
How did EARN perform over the long term?
See historical performance and comparisonDividends
14.4%
Current Dividend Yield94%
Payout RatioDoes EARN pay a reliable dividends?
See EARN dividend history and benchmarks| Ellington Credit dividend dates | |
|---|---|
| Ex Dividend Date | Oct 31 2024 |
| Dividend Pay Date | Nov 25 2024 |
| Days until Ex dividend | 20 days |
| Days until Dividend pay date | 5 days |
Does EARN pay a reliable dividends?
See EARN dividend history and benchmarks