EARN — Ellington Credit Co Share Price

As of Today at 19:07 UTC, shares in Ellington Credit Co are trading at $6.76. This share price information is delayed by 15 minutes.

Shares in Ellington Credit Co last closed at $6.76 and the price had moved by -7.78% over the past 365 days. In terms of relative price strength the Ellington Credit Co share price has underperformed the S&P500 Index by -24.6% over the past year.

The overall consensus recommendation for Ellington Credit Co is Hold. You can view the full broker recommendation list by unlocking its StockReport.

The Ellington Credit Co dividend yield is 13.02% based on the trailing twelve month period.

Last year, Ellington Credit Co paid a total dividend of $0.88, and it currently has a trailing dividend yield of 13.02%.Looking ahead, shares in Ellington Credit Co are due to go ex-dividend on 2024-04-29 and the next dividend pay date is 2024-05-28.

Ellington Credit Co are due to go ex-dividend on 2024-04-29 and the next dividend pay date is 2024-05-28. The historic dividend yield on Ellington Credit Co shares is currently 13.02%.

To buy shares in Ellington Credit Co you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

As of the previous close price of $6.76, shares in Ellington Credit Co had a market capitalisation of $133.98m.

Here are the trading details for Ellington Credit Co: 

• Country of listing: United States
• Exchange: NYQ
• Ticker Symbol: EARN

Based on an overall assessment of its quality, value and momentum Ellington Credit Co is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

The analyst consensus target price for shares in Ellington Credit Co is $9.83.  That is 45.41% above the last closing price of $6.76.

Analysts covering Ellington Credit Co currently have a consensus Earnings Per Share (EPS) forecast of $1.08 for the next financial year.

An important predictor of whether a stock price will go up is its track record of momentum.  Price trends tend to persist, so it's worth looking at them when it comes to a share like Ellington Credit Co. Over the past six months, its share price has outperformed the S&P500 Index by +6.01%.

As of the last closing price of $6.76, shares in Ellington Credit Co were trading +7.17% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

The Ellington Credit Co PE ratio based on its reported earnings over the past 12 months is 6.23. The shares last closed at $6.76. 

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Ellington Credit Co's management team is headed by: 

• Robert Allardice - NEC
• Laurence Penn - PRE
• Christopher Smernoff - CFO
• J. R. Herlihy - COO
• Michael Vranos - CIN
• Mark Tecotzky - CIN
• Daniel Margolis - GCN
• Mary Mcbride - IND
• David Miller - IND
• Ronald Simon - IND