A share price of Ellington Credit Co [EARN] is currently trading at $5.34, up 3.69%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EARN shares have gain 16.59% over the last week, with a monthly amount drifted -7.29%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ellington Credit Co [NYSE: EARN] stock has seen the most recent analyst activity on December 06, 2023, when UBS initiated its Neutral rating and assigned the stock a price target of $6. Previously, JMP Securities downgraded its rating to Mkt Perform on April 01, 2022. On November 08, 2021, downgrade downgraded it’s rating to Neutral. Piper Sandler started tracking the stock assigning a Overweight rating and suggested a price target of $12.50 on October 12, 2021. JMP Securities upgraded its rating to a Mkt Outperform but $12.50 remained the price target by the analyst firm on July 29, 2019. Deutsche Bank reiterated a Hold rating for this stock on August 06, 2015, and downed its price target to $15.50. In a note dated February 05, 2015, MLV & Co initiated an Buy rating and provided a target price of $18.25 on this stock.
Ellington Credit Co experienced fluctuations in its stock price throughout the past year between $4.32 and $7.26. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Ellington Credit Co [NYSE: EARN] shares were valued at $5.34 at the most recent close of the market. An investor can expect a potential return of 49.81% based on the average EARN price forecast.
Analyzing the EARN fundamentals
Trailing Twelve Months sales for Ellington Credit Co [NYSE:EARN] were 70.28M which represents 1133.87% growth. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at 1.4%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.35%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.21 points at the first support level, and at 5.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.41, and for the 2nd resistance point, it is at 5.48.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.85, the price to book ratio is 0.82 and price to earnings (TTM) ratio is 17.47.
Transactions by insiders
Recent insider trading involved Borenstein Gregory Morris, Portfolio Manager, that happened on Apr 09 ’25 when 8000.0 shares were purchased.
