EARN

Ellington Credit

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Signals Analysis

Buy signal 2

Sell signal 1

consensus rating "Buy"

Revenue Beats Expectation

EPS Below Expectations

Key Stats

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--52 WK RANGE--

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About EARN

Ellington Credit Company

A REIT that invested in residential mortgage and real estate-related assets

Industry

Mortgage Real Estate Investment Trusts (REITs)

Established Date

08/02/2012

Listing Date

05/01/2013

Exchange

New York Stock Exchange

Full-time Employees

Fiscal Year Ends

12-31

Website

www.ellingtoncredit.com

Security Type

Common stock

Office address

53 Forest Avenue, Old Greenwich, Connecticut 06870

Business

Introduction

Founded on August 2, 2012, Ellington Credit Company specializes in acquiring, investing in and managing residential mortgage loans and real estate related assets. The Company's primary objective is to invest and generate attractive current yields and risk-adjusted total returns for its shareholders, and to appropriately compensate for the risks associated with them. The Company aims to achieve this by constructing and actively managing a portfolio, including major agency RMBS and to a lesser extent non-agency RMBS. The Company may also acquire other types of residential mortgage loans and real estate related asset classes such as residential whole mortgage loans, RMBS and residential real estate. The company believes that being able to combine agency RMBS and non-agency RMBS, as well as other residential mortgage loans and real estate-related assets, enables it to balance a range of mortgage-related risks. Formed as an initial strategic enterprise through an Ellington affiliate, the Company is a venture capital management firm and registered investment advisor with an 18-year history of investing in a wide range of mortgage-backed securities and related derivatives, with a focus on the RMBS market and Blackstone funds.

Company Financials

EPS

EARN has released its 2024 Q4 earnings. EPS was reported at 0.27, versus the expected 0.30, missing expectations. The chart below visualizes how EARN has performed over recent quarters, highlighting trends in earnings surprises.