Ellington Credit Co. (EARN)

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Evaluation: Based on all recent filings, financial statements, and news.

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Company performance
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Current Price

as of Apr 21, 2025

$5.27

P/E Ratio

18.87

Market Cap

$197.94M

Description
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Ellington Credit Co. is a real estate investment trust, which engages in the acquisition, investment, and management of residential mortgage and real estate-related assets. Its portfolio includes non-agency and agency residential mortgage-backed securities and acquires other target assets, such as residential whole mortgage loans, commercial mortgage-backed securities, mortgage-related derivatives, and other asset-backed securities. The company was founded on August 2, 2012 and is headquartered in Old Greenwich, CT.

Metrics
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Overview

  • HQOld Greenwich, CT
  • SectorFinance
  • IndustryReal Estate Investment Trusts
  • TickerEARN
  • Price$5.27-1.31%

Trading Information

  • Market cap$197.94M
  • Float98.64%
  • Average Daily Volume (1m)1,189,637
  • Average Daily Volume (3m)898,543
  • EPS$0.28

Company

  • Revenue$70.28M
  • Rev growth (1yr)440.30%
  • Net income$6.59M
  • Gross margin96.39%
  • EBITDA margin60.55%
  • EBITDA$42.56M
  • EV$687.21M
  • EV/Revenue9.78
  • P/E18.87
  • P/S1.77
  • P/B0.81
  • Debt/Equity290.60
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