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Ellington Credit Company

Ellington Credit Company (EARN)

6.61
-0.07
(-1.05%)
Closed May 01 4:00PM
6.68
0.07
(1.06%)
After Hours: 5:26PM

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Key stats and details

Current Price
6.68
Bid
-
Ask
-
Volume
130,069
6.61 Day's Range 6.71
5.09 52 Week Range 7.64
Market Cap
Previous Close
6.68
Open
6.69
Last Trade
1
@
6.7
Last Trade Time
Financial Volume
$ 867,689
VWAP
6.671
Average Volume (3m)
251,527
Shares Outstanding
19,819,610
Dividend Yield
14.37%
PE Ratio
28.74
Earnings Per Share (EPS)
0.23
Revenue
45.72M
Net Profit
4.56M

About Ellington Credit Company

Ellington Residential Mortgage REIT is principally engaged in the business of acquiring, investing in, and managing residential mortgage- and real estate-related assets through its wholly-owned subsidiaries. The company's primary objective is to generate attractive current yields and risk-adjusted t... Ellington Residential Mortgage REIT is principally engaged in the business of acquiring, investing in, and managing residential mortgage- and real estate-related assets through its wholly-owned subsidiaries. The company's primary objective is to generate attractive current yields and risk-adjusted total returns for shareholders by investing in assets that compensate appropriately for the risks associated with them. Show more

Sector
Real Estate Investment Trust
Industry
Real Estate Investment Trust
Headquarters
Lutherville Timonium, Maryland, USA
Founded
1970
Ellington Credit Company is listed in the Real Estate Investment Trust sector of the New York Stock Exchange with ticker EARN. The last closing price for Ellington Credit was $6.68. Over the last year, Ellington Credit shares have traded in a share price range of $ 5.09 to $ 7.64.

Ellington Credit currently has 19,819,610 shares outstanding. The market capitalization of Ellington Credit is $131.01 million. Ellington Credit has a price to earnings ratio (PE ratio) of 28.74.

EARN Latest News

Ellington Credit Adopts Tax Asset Preservation Plan Designed to Protect Shareholder Value by Preserving the Availability of Its Net Operating Losses While Operating as a C-Corp

—Preserving shareholder value by adopting a Section 382 rights plan intended to protect potentially valuable tax assets— —Plan would only remain in effect while the Company operates as taxable...

Ellington Residential Rebrands as Ellington Credit Company

Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company" or "EARN") today announced that it has rebranded as Ellington Credit Company as part of its strategic transformation to focus on...

Ellington Residential Declares Monthly Common Dividend

Ellington Residential (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on May 28, 2024 to shareholders of...

Ellington Residential Announces Strategic Transformation

- Focus on CLO Investments Expected to Enhance Earnings, Reduce Volatility and Drive Book Value Growth, Utilizing Less Leverage - - Company Revokes REIT Election and Intends to Convert to a...

Ellington Residential Declares Monthly Common Dividend

Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on April 25, 2024 to...

Ellington Residential Mortgage REIT Reports Fourth Quarter 2023 Results

Ellington Residential Mortgage REIT (NYSE: EARN) ("we", "us," or "our") today reported financial results for the quarter ended December 31, 2023. Highlights Net income (loss) of $12.4 million, or...

Ellington Residential Mortgage REIT Announces Release Date of Fourth Quarter 2023 Earnings, Conference Call, and Investor Presentation

Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended December 31, 2023 after market close on Wednesday...

Ellington Residential Declares Monthly Common Dividend

Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on March 25, 2024 to...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.02-0.2985074626876.76.86.612017716.73364078CS
4-0.24-3.468208092496.927.056.462219256.72682394CS
120.7412.45791245795.947.055.542515276.3851112CS
261.5229.45736434115.167.055.092332996.24215322CS
52-0.72-9.729729729737.47.645.091709146.38320075CS
156-5.79-46.431435445112.4713.925.091517648.6116251CS
260-5.12-43.389830508511.813.922.71184659.05286287CS

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EARN Discussion

View Posts
RRSilverShadow RRSilverShadow 8 years ago
Divdend News:

Ellington Residential Mortgage REIT Announces Dividend For The Second Quarter Of 2016
11 days 38 minutes ago - DJNF
OLD GREENWICH, Conn., June 14, 2016 /PRNewswire/ -- Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a dividend for the second quarter of 2016 of $0.40 per share, payable on July 27, 2016, to common shareholders of record as of June 30, 2016.

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. Forward-looking statements are not historical in nature and can be identified by words such as "anticipate, " "estimate," "will," "should," "may," "expect," "project," "believe," "intend," "seek," "plan" and similar expressions or their negative forms, or by references to strategy, plans, or intentions. For example, our results can fluctuate from month to month and quarter to quarter depending on a variety of factors, some of which are beyond our control and/or difficult to predict, including, without limitation, changes in interest rates, changes in default rates and prepayment speeds, and other changes in market and economic conditions. Our actual results may differ from our beliefs, expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Furthermore, forward-looking statements are subject to risks and uncertainties, including, among other things, those described under Item 1A to the Company's Annual Report on Form 10-K filed on March 10, 2016, which can be accessed through the link to our SEC filings under "For Our Shareholders" on our website (www.earnreit.com) or at the SEC's website (www.sec.gov). Other risks, uncertainties, and factors that could cause actual results to differ materially from those projected may be described from time to time in reports we file with the SEC, including reports on Forms 10-Q, 10-K and 8-K. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
👍️0
RRSilverShadow RRSilverShadow 8 years ago
Looked to see if EARN had a board on iHub. Since there wasn't a board, I thought I'd create one for other investors comments. It's the first time I've ever created one. Bought this stock over a year ago and it has been a good stock investment. I stared buying stocks under $20 that paid consistent dividends and it's been working out very well.

Any other investors out there that like this stock? If so, I'd like to read your comments and thoughts on EARN.

GLTA

RR
👍️0

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