YOLFTbeta
Ellington Residential Mortgage

Ellington Residential Mortgage

EARN · NYSE · Financial Services / Asset Management

3.25USD+0.04 (+1.25%)

Price History

Full chart

Market Stats

Previous Close3.21
Open3.21
Day Range3.10 – 3.30
52-Week Range3.84 – 4.99
Volume429.85K
Market Cap156.66M
P/E (TTM)14.89
Forward P/E5.83
EPS0.28
Dividend Yield22.80%
Beta1.27
50-Day Avg4.35
200-Day Avg4.74

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.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Laurence Eric Penn
  • Employees0
  • Headquarters53 Forest Avenue, Old Greenwich, CT, United States, 06870, USA
  • Websitehttps://www.ellingtoncredit.com

Leadership

  • Mr. Laurence Eric PennCEO, President & Trustee · b. 1962
  • Mr. Christopher Max Smernoff CPAChief Financial Officer · b. 1977
  • Mr. J. R. HerlihyCOO & Treasurer · b. 1981
  • Mr. Michael William VranosPortfolio Manager & Board Member · b. 1961
  • Mr. Daniel Reuven Margolis J.D.General Counsel · b. 1973
  • Mr. Mark Ira TecotzkyExecutive Vice President · b. 1962
  • Mr. Vincent AmbricoController
  • Mr. Alaael-Deen ShillehAssociate General Counsel & Secretary
  • Mr. Gregory Morris BorensteinPortfolio Manager · b. 1985

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue956.00K2.41M26.43M11.41M26.19M35.54M-5.79M27.54M25.94M-557.00K20.19M55.35M50.67M42.57M
Growth (%)-+152.30%+995.81%-56.83%+129.51%+35.69%-116.28%+575.96%-5.83%-102.15%+3724.06%+174.20%-8.45%-15.99%
Cost of Revenue-4.33M4.51M6.24M9.27M19.05M1.24M1.30M1.30M1.31M1.44M45.26M34.79M6.21M
Gross Profit956.00K2.41M21.92M5.17M16.91M16.49M-7.03M26.24M24.64M-1.87M18.75M10.09M15.88M36.36M
Gross Margin100.00%100.00%82.93%45.35%64.59%46.40%121.48%95.26%95.00%335.91%92.89%18.24%31.34%85.40%
Operating Expense3.45M1.27M5.75M5.14M5.01M5.70M-28.25M3.98M4.53M4.44M34.13M5.54M8.78M44.80M
Operating Income-2.49M1.14M16.17M30.00K11.91M10.79M21.22M22.26M20.11M-6.31M-15.38M4.56M7.10M-8.44M
Operating Margin-260.67%47.35%61.17%0.26%45.46%30.36%-366.75%80.80%77.54%1132.68%-76.18%8.24%14.00%-19.83%
EBITDA348.00K1.14M23.34M9.45M27.69M10.79M21.22M22.26M34.38M-6.31M-13.09M4.56M7.10M-8.44M
EBITDA Margin36.40%47.35%88.31%82.77%105.74%30.36%-366.75%80.80%132.56%1132.68%-64.84%8.24%14.00%-19.83%
Net Income-2.14M-1.91M16.17M30.00K11.91M10.79M-11.29M22.26M20.11M-6.31M-30.20M4.56M6.59M-14.45M
Net Income Margin-224.27%-79.35%61.17%0.26%45.46%30.36%195.18%80.80%77.54%1132.68%-149.60%8.24%13.00%-33.95%
R&D-0000.40.290.223.110.770.212.930.35--
R&D as % of Total Revenue-0.00%0.00%0.00%0.00%0.00%-0.00%0.00%0.00%-0.00%0.00%0.00%--
Interest Expense-3.06M4.51M6.24M9.27M19.05M32.52M35.28M9.96M2.72M14.82M45.26M34.79M10.52M
Interest Expense % of Total Revenue-126.70%17.07%54.65%35.41%53.60%-561.93%128.07%38.42%-488.87%73.42%81.76%68.66%24.70%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets32.16M1.51B1.52B1.56B1.43B1.89B1.68B1.49B1.19B1.60B1.05B945.69M824.09M386.93M
Total Liabilities1.19M1.34B1.36B1.41B1.29B1.69B1.52B3.76M1.53M2.84M941.22M809.45M630.37M233.10M
Total Equity30.96M167.18M163.37M144.85M141.68M192.70M153.82M1.49B1.19B1.60B112.41M136.24M193.73M153.82M
Cash18.16M50.11M45.24M40.17M33.50M56.12M18.59M35.35M58.17M69.03M34.82M38.53M31.84M57.73M
Total Debt-1.31B1.32B1.23B1.20B1.60B1.50B1.30B1.02B1.07B845.57M729.54M562.97M220.27M
Net Debt-18.16M1.26B1.28B-40.17M-33.50M-56.12M-18.59M1.26B957.08M995.81M807.64M691.01M531.13M162.55M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow224.00K25.51M21.26M24.80M19.93M60.25M28.85M17.53M24.37M27.88M22.42M-10.02M9.11M540.72M
Investing Cash Flow-53.58M-1.45B-19.03M90.07M13.86M-477.89M62.83M221.85M304.06M-15.23M110.55M85.72M116.45M344.70M
Financing Cash Flow126.00M1.45B-7.11M-119.94M-40.45M440.25M-129.21M-222.62M-305.61M-1.79M-167.18M-71.98M-132.25M-339.70M
Capital Expenditure00000000000000
Free Cash Flow224.00K25.51M21.26M24.80M19.93M60.25M28.85M17.53M24.37M27.88M22.42M-10.02M9.11M540.72M
Dividends Paid-5.85M19.66M19.21M15.51M17.59M19.09M15.47M13.84M17.27M13.94M14.12M22.21M35.92M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-22.93%92.46%77.44%77.84%29.19%66.16%88.22%56.80%61.95%62.17%-140.91%243.80%6.64%

Earnings

Report DateAug 14, 2013Nov 12, 2013Feb 18, 2014May 12, 2014Aug 11, 2014Nov 10, 2014Feb 17, 2015May 5, 2015Aug 4, 2015Nov 3, 2015Feb 10, 2016May 3, 2016Aug 2, 2016Nov 1, 2016Feb 9, 2017May 2, 2017Aug 1, 2017Nov 2, 2017Feb 8, 2018May 3, 2018Aug 2, 2018Nov 5, 2018Feb 11, 2019May 2, 2019Aug 1, 2019Nov 4, 2019Feb 10, 2020May 5, 2020Aug 4, 2020Nov 5, 2020Feb 16, 2021May 3, 2021Aug 2, 2021Nov 2, 2021Mar 7, 2022May 2, 2022Aug 10, 2022Nov 9, 2022Mar 6, 2023May 11, 2023Aug 10, 2023Nov 13, 2023Mar 6, 2024May 14, 2024Aug 12, 2024Nov 12, 2024Mar 12, 2025May 20, 2025Aug 19, 2025Nov 19, 2025Mar 9, 2026May 19, 2026Aug 12, 2026Nov 18, 2026
EPS Estimate0.220.520.580.600.710.740.740.730.690.520.530.500.530.460.450.490.480.460.420.400.360.340.320.310.260.220.230.250.230.280.350.320.320.330.310.310.280.230.220.240.230.260.230.250.280.160.260.260.230.200.250.240.200.19
EPS Actual0.210.610.740.770.750.760.760.660.570.690.490.530.320.320.540.530.470.430.400.340.360.320.320.270.220.190.230.270.260.390.340.310.370.310.280.300.280.230.250.210.170.210.270.270.360.210.270.260.180.230.210.190.15-
Surprise-4.55%17.31%27.59%28.33%5.63%2.70%2.70%-9.59%-17.39%32.69%-7.55%6.00%-39.62%-30.43%20.00%8.16%-2.08%-6.52%-4.76%-15.00%0.00%-5.88%0.00%-12.90%-15.38%-13.64%0.00%8.00%13.04%39.29%-2.86%-3.13%15.63%-6.06%-9.68%-3.23%0.00%0.00%13.64%-12.50%-26.09%-19.23%17.39%8.00%28.57%31.25%3.85%0.00%-21.74%15.00%-15.42%-20.83%-25.00%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap156.66M
Enterprise Value341.47M
Trailing P/E14.89
Forward P/E5.83
PEG Ratio-1.79
Price / Sales3.77
Price / Book0.70
EPS0.28
Book Value4.18
Revenue (TTM)41.59M
Gross Profit (TTM)41.59M
Profit Margin-81.20%
Operating Margin67.98%
Return on Equity-20.32%
Return on Assets-6.64%
Shares Outstanding37.57M
Shares Float37.06M
Beta1.27
Dividend Yield22.80%
Dividend Rate0.96
Payout Ratio41.03%

Analyst Ratings

Hold
Based on 4 analystsTarget 5.00
  • Buy
    1
  • Hold
    3

Ownership Breakdown

Institutions
4.07%
Insiders
1.36%
Retail / Other
94.57%

Top Institutional Holders

  • 683 Capital Management LLC
    00.00%
  • HARBOUR INVESTMENTS, INC.
    00.00%
  • International Assets Investment Management, LLC
    00.00%
  • State Street Corp
    00.00%
  • Engineers Gate Manager LP
    00.00%
  • Bank of New York Mellon Corp
    00.00%
  • Federated Hermes Inc
    00.00%
  • State of Wyoming
    00.00%
  • Rhumbline Advisers
    00.00%
  • Centiva Capital LP
    00.00%
  • Global Retirement Partners, LLC.
    00.00%
  • Aster Capital Management (DIFC) Ltd
    00.00%
  • First Trust Advisors L.P.
    00.00%
  • Mount Yale Investment Advisors, LLC
    00.00%
  • Lido Advisors, LLC
    00.00%
  • Vanguard Group Inc
    00.00%
  • Geode Capital Management, LLC
    00.00%
  • Synergy Financial Management, LLC
    00.00%
  • Crewe Advisors LLC
    00.00%

Top Fund Holders

  • Arrowstreet US Equity CIT Class H
    72.47K0.19%

Dividends

202610×
0.08Oct 30, 20260.08Sep 30, 20260.08Aug 31, 20260.08Jul 31, 20260.08Jun 30, 20260.08May 29, 20260.08Apr 30, 20260.08Mar 31, 20260.08Feb 27, 20260.08Jan 30, 2026
202512×
0.08Dec 31, 20250.08Nov 28, 20250.08Oct 31, 20250.08Sep 30, 20250.08Aug 29, 20250.08Jul 31, 20250.08Jun 30, 20250.08May 30, 20250.08Apr 30, 20250.08Mar 31, 20250.08Feb 28, 20250.08Jan 31, 2025
20242×
0.08Dec 31, 20240.08Nov 29, 2024