Ellington Credit (EARN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Ellington Credit Company ( EARN ) Q3 2025 Earnings Call November 20, 2025 11:00 AM EST Company Participants Alaael-Deen Shilleh - Associate General Counsel & Secretary Laurence Penn - CEO, President & Trustee Christopher Smernoff - Chief Financial Officer Gregory Borenstein - Portfolio Manager Conference Call Participants Crispin Love - Piper Sandler & Co., Research Division Douglas Harter - UBS Investment Bank, Research Division Eric Hagen - BTIG, LLC, Research Division Presentation Operator Good morning, ladies and gentlemen. Thank you for standing by.
Ellington Credit (EARN) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.28 per share a year ago.
| Capital Markets Industry | Financials Sector | Laurence Eric Penn CEO | XSTU Exchange | US2885781078 ISIN |
| US Country | 150 Employees | 31 Dec 2025 Last Dividend | - Last Split | - IPO Date |
Ellington Residential Mortgage REIT is a specialized real estate investment trust (REIT) established in 2012 and headquartered in Old Greenwich, Connecticut. With a strategic focus on residential mortgage- and real estate-related assets, the company operates by acquiring, investing in, and managing a diversified portfolio. Ellington Residential Mortgage REIT aims to leverage its market expertise to generate attractive returns for its shareholders. By opting to be taxed as a real estate investment trust, the company ensures that it is not subject to corporate income tax on the portion of its net income that is distributed to shareholders, enhancing the potential income delivered to its investors.
Residential Mortgage-Backed Securities (RMBS): This encompasses both agency pools and agency collateralized mortgage obligations (CMOs), providing a range of investment opportunities that conform to the stringent requirements of agency backing. These securities offer the potential for income and capital appreciation while maintaining a profile of risk mitigation given their agency backing.
Non-Agency RMBS: Including non-agency CMOs that cut across the spectrum of investment grade to non-investment grade, this category presents a broader range of risk and return profiles to investors. The non-agency RMBS are targeted for their potential to offer higher yields, accommodating investors who are seeking higher risk-adjusted returns compared to typical agency RMBS.