Ellington Credit (EARN) Expected to Announce Earnings on Wednesday

Ellington Credit (NYSE:EARN) is expected to post 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. Parties may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 13, 2026 at 11:00 AM ET.

Ellington Credit (NYSE:EARN) last released its quarterly earnings results on Wednesday, May 20th. The real estate investment trust reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates 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 Trading Down 0.7%

NYSE:EARN traded down $0.03 during trading hours on Wednesday, hitting $4.28. The stock had a trading volume of 81,814 shares, compared to its average volume of 442,181. Ellington Credit has a 1-year low of $4.26 and a 1-year high of $5.89. The business has a 50 day simple moving average of $4.49 and a two-hundred day simple moving average of $4.75. The company has a market cap of $160.84 million, a PE ratio of -4.12 and a beta of 1.28.

Ellington Credit Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders 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 dividend yield of 22.4%. The ex-dividend date of this dividend is Friday, July 31st. Ellington Credit’s payout ratio is presently -92.31%.

Wall Street Analyst Weigh In

Separately, Piper Sandler decreased their target price 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 research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $5.50.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Millennium Management LLC boosted its holdings in Ellington Credit by 485.8% in the first quarter. Millennium Management LLC now owns 932,326 shares of the real estate investment trust’s stock valued at $5,044,000 after purchasing an additional 773,169 shares during the last quarter. Jane Street Group LLC grew its stake in Ellington Credit by 415.4% during the 1st quarter. Jane Street Group LLC now owns 379,906 shares of the real estate investment trust’s stock valued at $2,055,000 after purchasing an additional 306,192 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Ellington Credit by 56.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 126,864 shares of the real estate investment trust’s stock worth $686,000 after purchasing an additional 45,845 shares during the last quarter. Osaic Holdings Inc. increased its holdings in Ellington Credit by 60.3% during the 2nd quarter. Osaic Holdings Inc. now owns 104,689 shares of the real estate investment trust’s stock worth $602,000 after purchasing an additional 39,392 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Ellington Credit by 6.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 76,237 shares of the real estate investment trust’s stock valued at $415,000 after purchasing an additional 4,675 shares in the last quarter. 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.