Ellington Credit (EARN) Projected to Release Earnings on Wednesday

Ellington Credit (NYSE:EARN) will likely be announcing its Q2 2026 results after the market closes on Wednesday, August 12th. Analysts expect the company to post earnings of $0.20 per share and revenue of $10.5740 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 13, 2026 at 11:00 AM ET.

Ellington Credit (NYSE:EARN) last issued its quarterly earnings data on Wednesday, May 20th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.03). The firm had revenue of $9.87 million during the quarter, compared to analyst estimates of $10.57 million.

Ellington Credit Stock Performance

NYSE EARN opened at $4.36 on Tuesday. The stock has a 50 day moving average price of $4.45 and a 200-day moving average price of $4.71. Ellington Credit has a one year low of $4.25 and a one year high of $5.89. The company has a market capitalization of $163.85 million, a P/E ratio of -4.19 and a beta of 1.28.

Ellington Credit Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 22.0%. Ellington Credit’s dividend payout ratio is presently -92.31%.

Analyst Ratings Changes

Separately, Piper Sandler lowered their price objective on shares of Ellington Credit from $5.25 to $5.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $5.50.

Institutional Trading of Ellington Credit

Institutional investors have recently bought and sold shares of the stock. Millennium Management LLC boosted its stake in shares of Ellington Credit by 485.8% during the 1st quarter. Millennium Management LLC now owns 932,326 shares of the real estate investment trust’s stock worth $5,044,000 after purchasing an additional 773,169 shares during the period. Jane Street Group LLC raised its position in Ellington Credit by 415.4% in the 1st quarter. Jane Street Group LLC now owns 379,906 shares of the real estate investment trust’s stock worth $2,055,000 after purchasing an additional 306,192 shares during the period. Goldman Sachs Group Inc. lifted its stake in Ellington Credit by 56.6% in the first quarter. Goldman Sachs Group Inc. now owns 126,864 shares of the real estate investment trust’s stock worth $686,000 after purchasing an additional 45,845 shares during the last quarter. Osaic Holdings Inc. lifted its stake in Ellington Credit by 60.3% in the second quarter. Osaic Holdings Inc. now owns 104,689 shares of the real estate investment trust’s stock worth $602,000 after purchasing an additional 39,392 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Ellington Credit by 6.5% during the third quarter. Envestnet Asset Management Inc. now owns 76,237 shares of the real estate investment trust’s stock valued at $415,000 after buying an additional 4,675 shares during the period. 20.40% of the stock is currently owned by institutional investors.

Ellington Credit Company Profile

Ellington Credit Income Fund (NYSE: EARN) is a closed-end management investment company that seeks to generate current income through a diversified portfolio of mortgage- and asset-backed securities. The fund primarily invests in residential mortgage-backed securities (RMBS) and asset-backed securities (ABS), with additional exposure to commercial mortgage-backed securities (CMBS) and related structured credit instruments. To enhance income and manage risk, the fund employs leverage and derivative strategies such as interest rate swaps and credit default swaps, allowing it to adjust duration and credit exposure dynamically.

The fund is externally managed and advised by Ellington Management Group, LLC, an established investment firm specializing in mortgage credit and structured products.