EARN
Ellington Residential Mortgage REITEARN
EARN
About: Ellington Credit Co is focused on corporate collateralized loan obligations (CLOs). It focuses on acquiring, investing in, and managing secondary CLO mezzanine debt and equity tranches. The company relies on risk management, including disciplined liquidity management and selective use of credit hedges, to preserve book value during times of stress. It also leverages Ellington's proprietary technology, analytics, and risk management systems to enhance underwriting and investment selection and to guide ongoing portfolio monitoring and surveillance.
Employees: 160
0
Funds holding %
of 7,324 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
227% more call options, than puts
Call options by funds: $72K | Put options by funds: $22K
162% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 13
4.9% more ownership
Funds ownership: 24.07% [Q4 2024] → 28.96% (+4.9%) [Q1 2025]
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
2% less capital invested
Capital invested by funds: $46.5M [Q4 2024] → $45.7M (-$777K) [Q1 2025]
1% less funds holding
Funds holding: 74 [Q4 2024] → 73 (-1) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$5.75
1%
downside
Avg. target
$5.75
1%
downside
High target
$5.75
1%
downside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
UBS Douglas Harter | 1%downside $5.75 | Neutral Maintained | 16 Jul 2025 |
Financial journalist opinion
Based on 3 articles about EARN published over the past 30 days
Neutral
Seeking Alpha
2 weeks ago
Closed-End Funds: Screening For Potential Opportunities To Kick Off H2 2025
We closed out the first half of 2025, making it an appropriate time to give the overall CEF space a fresh look for potential opportunities. As the broader equity indexes have been performing quite well, discounts in the CEF space have narrowed overall. The best relative value more broadly is in the municipal bond space and the "hybrid" funds.
Neutral
Business Wire
3 weeks ago
Ellington Credit Declares Monthly Common Dividend
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on August 29, 2025 to shareholders of record as of July 31, 2025. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-look.
Positive
Seeking Alpha
4 weeks ago
31 June Ideal 'Safer' Monthly Paying Dividend Stocks And 80 Funds
June U.S. exchange-traded monthly paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (80); 2. Stocks-by-price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash-Flow-Margins. Analyst estimates suggest top MoPay stocks could net 16.48% to 33.67% gains by June 2026, with an average net gain of 23.57% and higher-than-market risk. The dogcatcher rule highlights 31 'safer' MoPay stocks where dividends from $1K invested exceed share price, positive returns, and strong free cash flow coverage.
Positive
Benzinga
1 month ago
Wall Street's Most Accurate Analysts Weigh In On 3 Financial Stocks With Over 15% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Negative
24/7 Wall Street
1 month ago
Is 12% Too Good to Be True? Not for These Monthly Dividend Payers
In the bond world, double digit yields ordinarily equate to junk bonds with a higher than normal default risk.
Neutral
Business Wire
1 month ago
Ellington Credit Declares Monthly Common Dividend
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on July 31, 2025 to shareholders of record as of June 30, 2025. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-lookin.
Neutral
Seeking Alpha
1 month ago
Ellington Credit: Equity CLO Build Adds Risk, But RMBS Recycling And Repo Rates Spark Optimism
Ellington Credit Company is a high-risk credit option, but can serve its purpose for yield enhancement in a diversified portfolio. Its build-out with CLOs, and particularly equity CLOs introduces risk at this stage of the credit cycle, but could act as a yield kicker in the longer term. EARN is recycling on RMBS, where its recent unrealized losses could be offset by entering into newer high-coupon agency RMBS.
Positive
Seeking Alpha
1 month ago
Ellington Credit: Q1 Results, Valuation, And CLO CEF Sector Update
Ellington Credit's transition to a CEF was well-timed, preserving book value and enabling opportunistic CLO acquisitions at attractive prices. The fund's low leverage, risk-adjusted yield focus, and shareholder-friendly fee structure support its tactical appeal despite sector headwinds. Recent gains and tighter credit spreads make EARN less attractive fundamentally, but its wide discount offers an upside for tactical investors.
Neutral
Seeking Alpha
2 months ago
Ellington Credit Company (EARN) Q1 2025 Earnings Call Transcript
Ellington Credit Company (NYSE:EARN ) Q1 2025 Earnings Conference Call May 21, 2025 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel Larry Penn - CEO Greg Borenstein - Portfolio Manager Mark Tecotzky - EVP Chris Smernoff - CFO Conference Call Participants Eric Hagen - BTIG Crispin Love - Piper Sandler Operator Good morning, ladies and gentlemen. And thank you for standing by.
Negative
Zacks Investment Research
2 months ago
Ellington Credit (EARN) Lags Q1 Earnings and Revenue Estimates
Ellington Credit (EARN) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.27 per share a year ago.
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