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Ellington Credit Company

Ellington Credit Company (EARN)

5.62
0.13
(2.37%)
Closed 27 April 6:00AM
5.61
-0.01
(-0.18%)
After Hours: 8:10AM

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Key stats and details

Current Price
5.61
Bid
-
Offer
-
Volume
494,817
5.50 Day's Range 5.62
4.325 52 Week Range 7.26
Market Cap
Previous Close
5.49
Open
5.55
Last Trade
1
@
5.649
Last Trade Time
Financial Volume
US$ 2,750,043
VWAP
5.5577
Average Volume (3m)
886,324
Shares Outstanding
37,559,195
Dividend Yield
17.11%
PE Ratio
46.29
Earnings Per Share (EPS)
0.12
Revenue
45.72M
Net Profit
4.56M

About Ellington Credit Company

Ellington Credit Company, formerly Ellington Residential Mortgage REIT, is a closed-end fund. The Company is focused on acquiring, investing in, and managing secondary collateralized loan obligations (CLO) mezzanine debt and equity tranches. The Company's primary objective is to generate attractive ... Ellington Credit Company, formerly Ellington Residential Mortgage REIT, is a closed-end fund. The Company is focused on acquiring, investing in, and managing secondary collateralized loan obligations (CLO) mezzanine debt and equity tranches. The Company's primary objective is to generate attractive risk-adjusted total returns for its shareholders by making investments in multiple parts of the CLO capital structure, including mezzanine debt and equity tranches. The Company select investments for their ability to provide a total return to drive a sustainable earnings stream and book value growth over a long-term horizon, rather than focusing just on current yield. The Company also takes a trading-oriented approach, which seeks to take advantage of pricing inefficiencies in the CLO market, as opposed to simply buy-and-hold. Show more

Sector
Real Estate Investment Trust
Industry
Real Estate Investment Trust
Headquarters
Lutherville Timonium, Maryland, USA
Founded
-
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 US$5.49. Over the last year, Ellington Credit shares have traded in a share price range of US$ 4.325 to US$ 7.26.

Ellington Credit currently has 37,559,195 shares in issue. The market capitalisation of Ellington Credit is US$206.20 million. Ellington Credit has a price to earnings ratio (PE ratio) of 46.29.

EARN Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.336.255.285.625.164281885.41261222CS
4-0.36-6.030150753775.975.974.32511894485.1266579CS
12-0.96-14.61187214616.576.654.3258863245.77467044CS
26-1.5-21.09704641357.117.114.3256950066.10700017CS
52-1.09-16.26865671646.77.264.3255181286.39549353CS
156-3.42-37.87375415289.039.144.3252607876.54494591CS
260-2.69-32.40963855428.313.924.3252097187.7389944CS

EARN - Frequently Asked Questions (FAQ)

What is the current Ellington Credit share price?
The current share price of Ellington Credit is US$ 5.61
How many Ellington Credit shares are in issue?
Ellington Credit has 37,559,195 shares in issue
What is the market cap of Ellington Credit?
The market capitalisation of Ellington Credit is USD 206.2M
What is the 1 year trading range for Ellington Credit share price?
Ellington Credit has traded in the range of US$ 4.325 to US$ 7.26 during the past year
What is the PE ratio of Ellington Credit?
The price to earnings ratio of Ellington Credit is 46.29
What is the cash to sales ratio of Ellington Credit?
The cash to sales ratio of Ellington Credit is 4.62
What is the reporting currency for Ellington Credit?
Ellington Credit reports financial results in USD
What is the latest annual turnover for Ellington Credit?
The latest annual turnover of Ellington Credit is USD 45.72M
What is the latest annual profit for Ellington Credit?
The latest annual profit of Ellington Credit is USD 4.56M
What is the registered address of Ellington Credit?
The registered address for Ellington Credit is 1519 YORK ROAD, LUTHERVILLE TIMONIUM, MARYLAND, 21093
What is the Ellington Credit website address?
The website address for Ellington Credit is www.ellingtoncredit.com
Which industry sector does Ellington Credit operate in?
Ellington Credit operates in the REAL ESTATE INVESTMENT TRUST sector

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EARN Discussion

View Posts
RRSilverShadow RRSilverShadow 9 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.
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RRSilverShadow RRSilverShadow 9 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
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