Ellington Residential Mortgage REIT Stock News

We review the CEF market valuation and performance through the fourth week of August and highlight recent market action. CEF market saw positive price action, with REIT and EM Equity sectors outperforming, but MLP and Loan CEFs lagged; discounts remain tight versus history. SWZ's aggressive rights offering could widen its discount, making participation less attractive; investors should be cauti...

Ellington Credit: High Yield, Speculative CLO Fund

Ellington Credit Company (NYSE:EARN ) Q2 2025 Earnings Conference Call August 20, 2025 11:00 AM ET Company Participants Alaael-Deen Shilleh - Corporate Participant Associate General Counsel & Secretary - Corporate Participant Christopher Max Smernoff - Chief Financial Officer Gregory Borenstein - Corporate Participant Laurence Eric Penn - CEO, President & Trustee Conference Call Participants Do...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the quarter ended June 30, 2025. Highlights Net asset value (NAV) per share was $6.12 as of June 30, 2025, which includes the effects of distributions of $0.24 per share for the quarter, as compared to NAV per share of $6.08 as of March 31, 2025. GAAP net income was $10.2 mil...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended June 30, 2025 after market close on Tuesday, August 19, 2025. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Wednesday, August 20, 2025. To participate in the event by tel...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on September 30, 2025 to shareholders of record as of August 29, 2025. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the ...

We closed out the first half of 2025, making it an appropriate time to give the overall CEF space a fresh look for potential opportunities. As the broader equity indexes have been performing quite well, discounts in the CEF space have narrowed overall. The best relative value more broadly is in the municipal bond space and the "hybrid" funds.

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on August 29, 2025 to shareholders of record as of July 31, 2025. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meani...