Ellington Credit Co (NYSE: EARN) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Ellington Credit Co is listed on the NYSE in the Financial sector while operating in the Asset Management industry. The current market capitalization of Ellington Credit Co is $194.90M. A total of 0.46 million shares were traded on the day, compared to an average of 431.38K shares.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Ellington Credit Co pays an annual dividend of $0.96, resulting in a dividend yield of 14.48%, and it has a price to earnings (P/E) ratio of 5.95. EARN’s most recent ex-dividend date was 14.01% when it declared a $0.08 quarterly dividend that was paid in cash on 12/31/2024. Previously, the company paid the dividend on 11/29/2024 with an ex-dividend date of 14.5%. The EARN stock dividend was $0.08 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, EARN has a high of $7.26 and a low of $5.54.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $6.85, while its Total Shareholder’s Equity was $154.22M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EARN is Buy with a score of 3.50.

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