Ellington Credit (EARN) Expected to Post Quarterly Earnings on Wednesday

Ellington Credit (NYSE:EARN) is projected to release its Q2 2026 results after the market closes on Wednesday, August 12th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $10.5740 million for the quarter. Interested persons 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 posted its quarterly earnings data on Wednesday, May 20th. The real estate investment trust reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.03). The business had revenue of $9.87 million during the quarter, compared to analysts’ expectations of $10.57 million.

Ellington Credit Stock Performance

Shares of Ellington Credit stock opened at $4.39 on Monday. The firm has a 50-day moving average of $4.46 and a 200-day moving average of $4.72. The stock has a market cap of $165.18 million, a PE ratio of -4.23 and a beta of 1.28. Ellington Credit has a 52-week low of $4.25 and a 52-week high of $5.89.

Ellington Credit Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, July 31st will be given a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a yield of 21.8%. The ex-dividend date of this dividend is Friday, July 31st. Ellington Credit’s dividend payout ratio (DPR) is currently -92.31%.

Wall Street Analyst Weigh In

Separately, Piper Sandler dropped 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 note on Monday, July 13th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $5.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC lifted its position in Ellington Credit by 70.8% during the fourth quarter. Jane Street Group LLC now owns 135,107 shares of the real estate investment trust’s stock worth $712,000 after purchasing an additional 56,012 shares during the period. Osaic Holdings Inc. increased its holdings in Ellington Credit by 60.3% in the 2nd quarter. Osaic Holdings Inc. now owns 104,689 shares of the real estate investment trust’s stock valued at $602,000 after buying an additional 39,392 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Ellington Credit by 56.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 126,864 shares of the real estate investment trust’s stock valued at $686,000 after buying an additional 45,845 shares in the last quarter. Millennium Management LLC raised its position in shares of Ellington Credit by 485.8% in the 1st quarter. Millennium Management LLC now owns 932,326 shares of the real estate investment trust’s stock valued at $5,044,000 after buying an additional 773,169 shares in the last quarter. Finally, HighTower Advisors LLC acquired a new position in shares of Ellington Credit in the 4th quarter valued at approximately $369,000. Institutional investors and hedge funds own 20.40% of the company’s stock.

About Ellington Credit

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.