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EARN

Ellington Credit Company

NYSE · Financial Services · Asset Management · US

$4.37
−0.34%
Ask drillr
Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
P/E (Fwd)
4.7x
EV/EBITDA
−12.8x
Market Cap
$163.98M
RSI (14)
47.4
1D Return
−0.34%
YTD Return
−16.98%
SummaryUpdated Jun 1, 2026

Ellington Residential Mortgage REIT (NYSE:EARN) is a real estate investment trust incorporated in 2012 and based in Old Greenwich, Connecticut. The company went public in May 2013 and originally focused on investing in residential mortgage-backed securities. In 2024, the company underwent a significant strategic transformation, converting from a traditional mortgage REIT to a closed-end fund focused on collateralized loan obligations (CLOs) and changing its name to Ellington Credit Company. This transformation reflects management's strategic pivot away from interest rate-sensitive mortgage securities toward credit-focused investments that they believe offer superior risk-adjusted returns.

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