Ellington Credit Company (EARN) Research
Ellington Residential Mortgage REIT functions as a real estate investment trust (REIT), with its core business focused on the acquisition, investment, and oversight of assets tied to residential mortgages and real estate. The company's holdings primarily include various Residential Mortgage-Backed Securities (RMBS), such as government-backed agency pools and agency Collateralized Mortgage Obligations (CMOs). Additionally, it invests in non-agency RMBS, which encompasses non-agency CMOs ranging from investment-grade to non-investment-grade ratings. Having opted for REIT tax treatment, the company benefits from an exemption from corporate income tax on the segment of its net earnings that are distributed to its investors. Ellington Residential Mortgage REIT was established in 2012 and is headquartered in Old Greenwich, Connecticut.
Market snapshot
- Symbol
- EARN
- Price
- $4.39
- Day change
- +0.69%
- Market cap
- $164.9M
- P/E ratio
- -4.25x
- 52-week range
- 4.27-6.08
- Sector
- Financial Services
- Industry
- Asset Management
- Next earnings
- in 2 months
- Analyst price target
- $6.00
Peer companies
Recent insider activity
- Smernoff Chris — F-InKind (2468 shares) on 2025-12-31
- Herlihy John — F-InKind (5235 shares) on 2025-12-31
- SIMON RONALD I — P-Purchase (10536 shares) on 2025-09-11
- Borenstein Gregory Morris — P-Purchase (3000 shares) on 2025-10-01
- Borenstein Gregory Morris — P-Purchase (4000 shares) on 2025-09-05
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