Ellington Credit Company (EARN)Financial Services | Asset Management | Old Greenwich, United States | NYSE
4.44 USD
-0.01
(-0.225%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 4.46 +0.02 (0.450%) ⇧ (Aug. 28, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:53 a.m. EDT
The long-term investment case is severely compromised by a brutal multi-year decline; the asset has lost more than half its value over the last nine years, with the most recent annual performance showing another drop. While the current price appears cheap relative to book value, this discount reflects the market's verdict on a business with deteriorating fundamentals, specifically a shrinking revenue base and a precarious balance sheet where debt nearly matches equity. The massive dividend yield is a trap; it represents a payout that consumes a large portion of earnings and likely erodes shareholder capital given the negative profit margins and weak operating cash flow. Short-term momentum is weak, trading below key moving averages, though the elevated implied volatility on puts suggests some hedging demand. This is a distressed credit play, not a value opportunity. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.013514 |
| AutoETS | 0.021570 |
| AutoARIMA | 0.021593 |
| MSTL | 0.024509 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 64% |
| H-stat | 1.02 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.351 |
| Excess Kurtosis | -0.97 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-08-30 |
| Last Dividend Date | 2026-07-30 |
| Debt to Equity Ratio | 128.835 |
| Revenue per Share | 1.09 |
| Market Cap | 166,805,472 |
| Trailing P/E | 15.86 |
| Forward P/E | 4.67 |
| Beta | 1.27 |
| Profit Margins | -81.20% |
| Previous Name | Ellington Residential Mortgage REIT |
| Website | https://www.ellingtoncredit.com |
As of Aug. 22, 2026, 4:53 a.m. EDT: Speculators are positioning defensively with heavy put volume at the money and deep out-of-the-money strikes, while call activity remains sparse and concentrated at the strike. Implied volatility is significantly elevated for near-term protection compared to longer-dated contracts, suggesting a fear of downside gap risk rather than a bullish bet on recovery.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.85% | 19.39% | 16.67% | 15.15% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-31 | 0.08 | 1.851852 |
| 2026-06-30 | 0.08 | 1.809955 |
| 2026-05-29 | 0.08 | 1.687764 |
| 2026-04-30 | 0.08 | 1.694915 |
| 2026-03-31 | 0.08 | 1.805869 |
| 2026-02-27 | 0.08 | 1.635992 |
| 2026-01-30 | 0.08 | 1.465201 |
| 2025-12-31 | 0.08 | 1.518027 |
| 2025-11-28 | 0.08 | 1.476015 |
| 2025-10-31 | 0.08 | 1.571709 |
| 2025-09-30 | 0.08 | 1.467890 |
| 2025-08-29 | 0.08 | 1.401051 |
| 2025-07-31 | 0.08 | 1.367521 |
| 2025-06-30 | 0.08 | 1.391304 |
| 2025-05-30 | 0.08 | 1.423488 |
| 2025-04-30 | 0.08 | 1.465201 |
| 2025-03-31 | 0.08 | 1.478743 |
| 2025-02-28 | 0.08 | 1.236476 |
| 2025-01-31 | 0.08 | 1.219512 |
| 2024-12-31 | 0.08 | 1.208459 |
| 2024-11-29 | 0.08 | 1.188707 |
| 2024-10-31 | 0.08 | 1.223242 |
| 2024-09-30 | 0.08 | 1.146132 |
| 2024-08-30 | 0.08 | 1.156069 |
| 2024-07-31 | 0.08 | 1.139601 |
| 2024-06-28 | 0.08 | 1.151079 |
| 2024-05-31 | 0.08 | 1.133144 |
| 2024-04-29 | 0.08 | 1.197605 |
| 2024-03-27 | 0.08 | 1.164483 |
| 2024-02-28 | 0.08 | 1.358234 |
| 2024-01-30 | 0.08 | 1.326700 |
| 2023-12-28 | 0.08 | 1.275917 |
| 2023-11-29 | 0.08 | 1.315789 |
| 2023-10-30 | 0.08 | 1.547389 |
| 2023-09-28 | 0.08 | 1.290323 |
| 2023-08-30 | 0.08 | 1.204819 |
| 2023-07-28 | 0.08 | 1.086957 |
| 2023-06-29 | 0.08 | 1.108033 |
| 2023-05-30 | 0.08 | 1.159420 |
| 2023-04-27 | 0.08 | 1.091405 |
| 2023-03-30 | 0.08 | 1.109570 |
| 2023-02-27 | 0.08 | 1.026958 |
| 2023-01-30 | 0.08 | 1.021711 |
| 2022-12-29 | 0.08 | 1.151079 |
| 2022-11-29 | 0.08 | 1.109570 |
| 2022-10-28 | 0.08 | 1.171303 |
| 2022-09-29 | 0.08 | 1.313629 |
| 2022-08-30 | 0.08 | 0.986437 |
| 2022-07-28 | 0.08 | 0.937866 |
| 2022-06-29 | 0.08 | 1.078167 |
| 2022-05-27 | 0.08 | 0.974421 |
| 2022-04-28 | 0.10 | 1.117318 |
| 2022-03-30 | 0.10 | 0.996016 |
| 2022-02-25 | 0.10 | 1.025641 |
| 2022-01-28 | 0.10 | 0.968054 |
| 2021-12-29 | 0.10 | 0.931099 |
| 2021-11-29 | 0.10 | 0.894454 |
| 2021-10-28 | 0.10 | 0.821693 |
| 2021-09-29 | 0.30 | 2.671416 |
| 2021-06-29 | 0.30 | 2.531645 |
| 2021-03-30 | 0.28 | 2.252615 |
| 2020-12-30 | 0.28 | 2.208202 |
| 2020-09-29 | 0.28 | 2.500000 |
| 2020-06-29 | 0.28 | 2.766798 |
| 2020-03-30 | 0.28 | 5.118830 |
| 2019-12-30 | 0.28 | 2.536232 |
| 2019-09-27 | 0.28 | 2.649007 |
| 2019-06-27 | 0.28 | 2.607076 |
| 2019-03-28 | 0.34 | 2.871622 |
| 2018-12-28 | 0.34 | 3.256705 |
| 2018-09-27 | 0.37 | 3.262787 |
| 2018-06-28 | 0.37 | 3.354488 |
| 2018-03-28 | 0.37 | 3.397612 |
| 2017-12-28 | 0.37 | 3.045268 |
| 2017-09-28 | 0.40 | 2.768166 |
| 2017-06-28 | 0.40 | 2.691790 |
| 2017-03-29 | 0.40 | 2.737851 |
| 2016-12-28 | 0.40 | 3.069839 |
| 2016-09-28 | 0.40 | 3.072197 |
| 2016-06-28 | 0.40 | 3.053435 |
| 2016-03-29 | 0.45 | 3.768844 |
| 2015-12-29 | 0.45 | 3.685504 |
| 2015-09-28 | 0.45 | 3.682488 |
| 2015-06-26 | 0.55 | 3.761970 |
| 2015-03-27 | 0.55 | 3.359804 |
| 2014-12-29 | 0.55 | 3.335355 |
| 2014-12-26 | 0.55 | 3.281623 |
| 2014-09-26 | 0.55 | 3.333333 |
| 2014-06-26 | 0.55 | 3.295386 |
| 2014-03-27 | 0.55 | 3.262159 |
| 2013-12-27 | 0.50 | 3.223727 |
| 2013-09-25 | 0.50 | 3.227889 |
| 2013-06-26 | 0.14 | 0.796360 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.21136767 |
| Address1 | 53 Forest Avenue |
| Address2 | 3rd Floor |
| All Time High | 19.85 |
| All Time Low | 2.7 |
| Ask | 4.44 |
| Ask Size | 4,500 |
| Average Analyst Rating | 2.7 - Hold |
| Average Daily Volume10 Day | 376,750 |
| Average Daily Volume3 Month | 385,892 |
| Average Volume | 385,892 |
| Average Volume10Days | 376,750 |
| Beta | 1.27 |
| Bid | 4.43 |
| Bid Size | 3,400 |
| Book Value | 4.093 |
| City | Old Greenwich |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 4.44 |
| Current Ratio | 0.114 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 4.5 |
| Day Low | 4.425 |
| Debt To Equity | 128.835 |
| Dividend Date | 1,790,726,400 |
| Dividend Rate | 0.96 |
| Dividend Yield | 21.57 |
| Earnings Call Timestamp End | 1,747,839,600 |
| Earnings Call Timestamp Start | 1,747,839,600 |
| Earnings Growth | 0.698 |
| Earnings Quarterly Growth | 0.701 |
| Earnings Timestamp End | 1,755,288,000 |
| Earnings Timestamp Start | 1,754,942,400 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 8.457 |
| Enterprise Value | 351,776,064 |
| Eps Current Year | 0.78 |
| Eps Forward | 0.95 |
| Eps Trailing Twelve Months | 0.28 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,788,134,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 203 637 8551 |
| Fifty Day Average | 4.4066 |
| Fifty Day Average Change | 0.03340006 |
| Fifty Day Average Change Percent | 0.007579553 |
| Fifty Two Week Change Percent | -21.136766 |
| Fifty Two Week High | 5.77 |
| Fifty Two Week High Change | -1.3299999 |
| Fifty Two Week High Change Percent | -0.23050259 |
| Fifty Two Week Low | 4.25 |
| Fifty Two Week Low Change | 0.19000006 |
| Fifty Two Week Low Change Percent | 0.044705898 |
| Fifty Two Week Range | 4.25 - 5.77 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,367,415,000,000 |
| Forward Eps | 0.95 |
| Forward P E | 4.673684 |
| Full Exchange Name | NYSE |
| Fullday Change | -0.00999975 |
| Fullday Change Percent | -0.224714 |
| Fullday Price | 4.46 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 41,595,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01363 |
| Held Percent Institutions | 0.04014 |
| Implied Shares Outstanding | 37,568,800 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,785,456,000 |
| Last Dividend Value | 0.08 |
| Last Fiscal Year End | 1,774,915,200 |
| Long Business Summary | Ellington Credit Company, a closed-end management investment company, focuses on generating current yields and risk-adjusted total returns by investing primarily in collateralized loan obligations. It invests in mezzanine debt and equity tranches. The company was formerly known as Ellington Residential Mortgage REIT and changed its name to Ellington Credit Company in April 2024. Ellington Credit Company was incorporated in 2012 and is headquartered in Old Greenwich, Connecticut. |
| Long Name | Ellington Credit Company |
| Market | us_market |
| Market Cap | 166,805,472 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_234075074 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-29 |
| Net Income To Common | -33,774,500 |
| Next Fiscal Year End | 1,806,451,200 |
| Non Diluted Market Cap | 167,181,160 |
| Number Of Analyst Opinions | 1 |
| Open | 4.48 |
| Operating Margins | 0.67981005 |
| Payout Ratio | 0.0 |
| Phone | 203 698 1200 |
| Post Market Change | 0.01999998 |
| Post Market Change Percent | 0.45045 |
| Post Market Price | 4.46 |
| Post Market Time | 1,787,961,402 |
| Prev Name | Ellington Residential Mortgage REIT |
| Previous Close | 4.45 |
| Price Eps Current Year | 5.692308 |
| Price Hint | 4 |
| Price To Book | 1.0847789 |
| Price To Sales Trailing12 Months | 4.010229 |
| Profit Margins | -0.81198 |
| Quick Ratio | 0.114 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.66667 |
| Region | US |
| Regular Market Change | -0.00999975 |
| Regular Market Change Percent | -0.224714 |
| Regular Market Day High | 4.5 |
| Regular Market Day Low | 4.425 |
| Regular Market Day Range | 4.425 - 4.5 |
| Regular Market Open | 4.48 |
| Regular Market Previous Close | 4.45 |
| Regular Market Price | 4.44 |
| Regular Market Time | 1,787,947,203 |
| Regular Market Volume | 763,916 |
| Revenue Growth | -0.193 |
| Revenue Per Share | 1.09 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 37,568,800 |
| Shares Percent Shares Out | 0.0234 |
| Shares Short | 878,122 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 732,223 |
| Short Name | Ellington Credit Company |
| Short Percent Of Float | 0.023699999 |
| Short Ratio | 2.08 |
| Source Interval | 15 |
| State | CT |
| Symbol | EARN |
| Target High Price | 5.0 |
| Target Low Price | 5.0 |
| Target Mean Price | 5.0 |
| Target Median Price | 5.0 |
| Total Cash | 23,469,000 |
| Total Cash Per Share | 0.615 |
| Total Debt | 205,764,992 |
| Total Revenue | 41,595,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.96 |
| Trailing Annual Dividend Yield | 0.21573034 |
| Trailing Eps | 0.28 |
| Trailing P E | 15.857143 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 4.8339 |
| Two Hundred Day Average Change | -0.39389992 |
| Two Hundred Day Average Change Percent | -0.081486985 |
| Type Disp | Equity |
| Volume | 763,916 |
| Website | https://www.ellingtoncredit.com |
| Zip | 6,870 |