EARN Research | Milton Maxwell

EARN

Ellington Credit Company

5.15

+0.05+0.98%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q4 '25

3/4/26Mar 4, 2026

Key Stats

Market Cap

193.49M

P/E (TTM)

18.39

Basic EPS (TTM)

0.28

Dividend Yield

0.19%

Recent Filings

8-K

Declares $0.08 monthly dividend

12/4/25Dec 4, 2025

Ellington Credit Company declared a monthly dividend of $0.08 per share on December 4, 2025, payable January 30, 2026 to shareholders of record December 31. This steady payout underscores commitment to income amid CLO market volatility. Risks loom from interest rates and regulatory shifts.

8-K

Q3 NII up, CLOs expand

11/19/25Nov 19, 2025

Ellington Credit Company reported Q3 results with NAV at $5.99 per share, GAAP net income of $4.3 million ($0.11/share), and NII of $8.5 million ($0.23/share), up from prior quarter. CLO portfolio swelled to $379.6 million via 92 trades, yielding 15.5% on amortized cost; full dividend coverage hit in September. Active repositioning favors mezzanine debt. Portfolio grew fast.

8-K

Monthly $0.08 dividend declared

11/10/25Nov 10, 2025

Ellington Credit Company declared a monthly dividend of $0.08 per share, payable December 31, 2025, to shareholders of record November 28. The board's steady payout signals confidence amid CLO market volatility. Risks loom from interest rates and regulatory shifts.

8-K

Declares $0.08 monthly dividend

9/8/25Sep 8, 2025

Ellington Credit Company declared a monthly dividend of $0.08 per share, payable October 31, 2025, to shareholders of record September 30. The board's move signals steady payout confidence amid CLO market volatility. Risks loom from interest rates and regulatory shifts. Dividend holds firm.

8-K

Q1 net income $10.2M, CLOs grow 27%

8/19/25Aug 19, 2025

Ellington Credit Company posted Q1 fiscal 2025 net income of $10.2 million ($0.27/share), lifting NAV to $6.12/share from $6.08. CLO portfolio surged 27% to $316.9 million, fueled by $90.6 million purchases post-legacy mortgage sales. NII hit $6.5 million ($0.17/share); management eyes coverage of $0.08 monthly distributions from September. CLOs delivered.

About

Ellington Credit Company, a closed-end management investment company, focuses on generating current yields and risk-adjusted total returns by investing primarily in collateralized loan obligations. It invests in mezzanine debt and equity tranches. The company was formerly known as Ellington Residential Mortgage REIT and changed its name to Ellington Credit Company in April 2024. Ellington Credit Company was incorporated in 2012 and is headquartered in Old Greenwich, Connecticut.

CEO

Mr. Laurence Eric Penn

IPO

5/1/2013

Website

https://www.ellingtoncredit.com

Sector

Financial Services

Industry

Asset Management