Ellington Credit Company (EARN) Stock Analysis & Investment Frameworks
Ellington Credit Company (EARN) stock analysis on Invetso. Review Ellington Credit Company’s key financial metrics, company overview and 10 institutional-grade investment frameworks including SWOT Analysis, Economic Moat, Porter’s Five Forces and the Invetso Quality Score.
Ellington Credit Company Company Overview
- Exchange: New York Stock Exchange
- Sector: Financial Services
- Industry: Asset Management
- Country: US
Ellington Credit Company Key Financial Metrics
- Market Cap: $125.20M
- Revenue: $42.57M
- ROE: -21.22%
- ROIC: -6.50%
- Dividend Yield: 29.27%
About Ellington Credit Company
Ellington Residential Mortgage REIT functions as a real estate investment trust (REIT), with its core business focused on the acquisition, investment, and oversight of assets tied to residential mortgages and real estate. The company's holdings primarily include various Residential Mortgage-Backed Securities (RMBS), such as government-backed agency pools and agency Collateralized Mortgage Obligations (CMOs). Additionally, it invests in non-agency RMBS, which encompasses non-agency CMOs ranging from investment-grade to non-investment-grade ratings. Having opted for REIT tax treatment, the company benefits from an exemption from corporate income tax on the segment of its net earnings that are distributed to its investors. Ellington Residential Mortgage REIT was established in 2012 and is headquartered in Old Greenwich, Connecticut.