Ellington Credit Company Common Shares of Beneficial Interest (EARN)
4.7400
-0.3700 (-7.24%)
NYSE · Last Trade: Apr 4th, 7:03 PM EDT
Detailed Quote
| Previous Close | 5.110 |
|---|---|
| Open | 5.050 |
| Bid | 4.750 |
| Ask | 5.030 |
| Day's Range | 4.740 - 5.050 |
| 52 Week Range | 5.105 - 7.260 |
| Volume | 1,778,066 |
| Market Cap | 61.23M |
| PE Ratio (TTM) | - |
| EPS (TTM) | - |
| Dividend & Yield | 0.9600 (20.25%) |
| 1 Month Average Volume | 1,078,214 |
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About Ellington Credit Company Common Shares of Beneficial Interest (EARN)
Ellington Credit Company is a publicly traded finance company focused on investing in residential and commercial mortgage-related assets. The firm employs a variety of strategies to generate income and enhance returns for its shareholders, including investing in mortgage-backed securities, loans, and other related instruments. With a strong emphasis on risk management and market research, Ellington Credit aims to capitalize on inefficiencies in the mortgage market while providing investors with attractive risk-adjusted returns through its diversified portfolio. Read More
News & Press Releases
Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on May 27, 2025 to shareholders of record as of April 30, 2025.
By Ellington Credit Company · Via Business Wire · April 3, 2025
Ellington Credit Company (NYSE: EARN) announced today that it will ring the closing bell at the New York Stock Exchange on April 2, 2025 to celebrate its conversion to a closed-end fund focused on corporate collateralized loan obligation (“CLO”) investments.
By Ellington Credit Company · Via Business Wire · April 1, 2025
Ellington Credit Company (NYSE: EARN) (the “Fund”) announced today the completion of its conversion to a Delaware-domiciled closed-end fund registered under the Investment Company Act of 1940 (the “Conversion”). In conjunction with the Conversion, the Fund intends to sell its remaining Agency MBS pools, acquire additional corporate collateralized loan obligations (“CLOs”), and operate as a Regulated Investment Company (“RIC”) under U.S. federal tax law. The Fund also plans to change its fiscal and tax year to end on March 31, the day prior to the Conversion.
By Ellington Credit Company · Via Business Wire · April 1, 2025
Ellington Credit Company (NYSE: EARN) (the “Company”) announced today it has obtained all necessary approvals from its Board of Trustees and shareholders to convert to a Delaware-registered closed-end fund, effective April 1, 2025 (the “Conversion”). Upon effectiveness of the Conversion, the Company intends to sell its remaining Agency MBS pools, acquire additional CLOs, and operate in compliance with the Investment Company Act of 1940.
By Ellington Credit Company · Via Business Wire · March 20, 2025
Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the quarter ended December 31, 2024.
By Ellington Credit Company · Via Business Wire · March 12, 2025
Ellington Credit Company (NYSE: EARN) ("we") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on April 25, 2025 to shareholders of record as of March 31, 2025.
By Ellington Credit Company · Via Business Wire · March 7, 2025
Ellington Credit Company (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended December 31, 2024 after market close on Wednesday, March 12, 2025. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Thursday, March 13, 2025. To participate in the event by telephone, please dial (800) 225-9448 at least 10 minutes prior to the start time and reference the conference code EARNQ424. International callers should dial (203) 518-9708 and reference the same code. The conference call will also be webcast live and can be accessed via the "For Investors" section of the Company's website at www.ellingtoncredit.com. To listen to the live webcast, please visit www.ellingtoncredit.com at least 15 minutes prior to the start of the call to register, download, and install necessary audio software.
By Ellington Credit Company · Via Business Wire · February 27, 2025
Ellington Credit Company (NYSE: EARN) ("we") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on March 25, 2025 to shareholders of record as of February 28, 2025.
By Ellington Credit Company · Via Business Wire · February 10, 2025
Ellington Credit Company (NYSE: EARN) ("we") today reported the following preliminary fourth quarter financial results, and update on its portfolio and pending conversion to a CLO closed-end fund.
By Ellington Credit Company · Via Business Wire · February 3, 2025
Ellington Credit Company (NYSE: EARN) (the "Company") today announced that information regarding the federal income tax treatment of the distributions deemed paid in 2024 on the Company's common shares has been posted to the Company’s website, at https://www.ellingtoncredit.com/dividend-and-tax-information. The Company operated as a taxable C-Corp throughout all of 2024.
By Ellington Credit Company · Via Business Wire · January 31, 2025
Ellington Credit Company (the “Company” or “we”) (NYSE: EARN) announced today that it has received shareholder approval, at a special meeting of shareholders (the “Special Meeting”), for the Company’s conversion (the “Conversion”) to a Delaware registered closed-end fund. The converted entity will focus on corporate CLO investments and will be treated as a regulated investment company (“RIC”) under the Internal Revenue Code. The Conversion is anticipated to become effective in the near future, and will be accompanied by a separate press release.
By Ellington Credit Company · Via Business Wire · January 21, 2025
Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on February 25, 2025 to shareholders of record as of January 31, 2025.
By Ellington Credit Company · Via Business Wire · January 8, 2025
Ellington Credit Company (the “Company”) (NYSE: EARN) announced today that its Board of Trustees intends to call a special meeting of shareholders in early 2025 (the “Special Meeting”), to approve its previously announced conversion to a Delaware registered closed-end fund to be treated as a regulated investment company under the Internal Revenue Code, focused on corporate CLO investments (the “Conversion”). In conjunction with the Special Meeting, the Company today filed a preliminary proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) (the “Preliminary Proxy Statement”). The Company intends to announce the date of the Special Meeting with the filing of a definitive proxy statement.
By Ellington Credit Company · Via Business Wire · December 9, 2024
Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on January 27, 2025 to shareholders of record as of December 31, 2024.
By Ellington Credit Company · Via Business Wire · December 6, 2024
Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its 2024 Annual Meeting of Shareholders (the "Annual Meeting") will be held on Wednesday, December 4, 2024, at 10:00 am, Eastern Time, via live webcast at www.virtualshareholdermeeting.com/EARN2024.
By Ellington Credit Company · Via Business Wire · November 21, 2024
Ellington Credit Company (NYSE: EARN) ("we", "us," or "our") today reported financial results for the quarter ended September 30, 2024.
By Ellington Credit Company · Via Business Wire · November 12, 2024
Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on December 26, 2024 to shareholders of record as of November 29, 2024.
By Ellington Credit Company · Via Business Wire · November 7, 2024
Ellington Credit Company (NYSE: EARN) (the "Company") today announced the postponement of its 2024 Annual Meeting of Shareholders (the "Annual Meeting"), scheduled for October 30, 2024. The Annual Meeting is being postponed to provide the Company further time to solicit proxies from the Company’s shareholders.
By Ellington Credit Company · Via Business Wire · October 30, 2024
Ellington Credit Company (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended September 30, 2024 after market close on Tuesday, November 12, 2024. The Company will host a conference call to discuss its financial results at 1:00 p.m. Eastern Time on Wednesday, November 13, 2024. To participate in the event by telephone, please dial (800) 225-9448 at least 10 minutes prior to the start time and reference the conference code EARNQ324. International callers should dial (203) 518-9708 and reference the same code. The conference call will also be webcast live and can be accessed via the "For Investors" section of the Company's website at www.ellingtoncredit.com. To listen to the live webcast, please visit www.ellingtoncredit.com at least 15 minutes prior to the start of the call to register, download, and install necessary audio software.
By Ellington Credit Company · Via Business Wire · October 29, 2024
Ellington Credit Company (NYSE: EARN) (the "Company") today announced that Institutional Shareholder Services Inc. ("ISS") became the second leading independent proxy advisory firm, joining Glass Lewis, to recommend that shareholders of the Company vote “FOR” the proposals (the "Conversion Proposals") set forth by the Board of Trustees of the Company (the "Board") that would allow the Company to complete its conversion to a closed-end investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”) (a “registered closed-end fund”), which would be treated as a regulated investment company (a “RIC”) under the Internal Revenue Code of 1986, as amended.
By Ellington Credit Company · Via Business Wire · October 25, 2024
Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on November 25, 2024 to shareholders of record as of October 31, 2024.
By Ellington Credit Company · Via Business Wire · October 7, 2024
Ellington Credit Company (NYSE: EARN) (the "Company") today announced the postponement of its 2024 Annual Meeting of Shareholders (the "Annual Meeting"), originally scheduled for September 26, 2024. The Annual Meeting is being postponed to allow the Company to provide additional materials relating to the definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the “SEC”) on August 16, 2024 (the "Proxy Statement"), and to provide further time to solicit proxies from the Company’s shareholders.
By Ellington Credit Company · Via Business Wire · September 23, 2024
Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on October 25, 2024 to shareholders of record as of September 30, 2024.
By Ellington Credit Company · Via Business Wire · September 9, 2024