Ellington Credit (NYSE:EARN – Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.27 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Ellington Credit (NYSE:EARN – Get Free Report) last released its quarterly earnings results on Monday, August 12th. The real estate investment trust reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.12. The company had revenue of $3.90 million during the quarter, compared to analysts’ expectations of $6.35 million. During the same period in the previous year, the company posted $0.17 earnings per share. On average, analysts expect Ellington Credit to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Ellington Credit Trading Up 0.6 %
Shares of EARN traded up $0.04 on Tuesday, reaching $6.43. 294,161 shares of the company’s stock traded hands, compared to its average volume of 318,674. The stock’s 50 day simple moving average is $6.87 and its two-hundred day simple moving average is $6.93. The stock has a market cap of $162.87 million, a PE ratio of 39.75 and a beta of 1.87. Ellington Credit has a 52-week low of $5.42 and a 52-week high of $7.26.
Ellington Credit Announces Dividend
Ellington Credit Company Profile
Ellington Credit Company, a real estate investment trust, acquires, invests in, and manages residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), including agency pools and agency collateralized mortgage obligations (CMOs); and non-agency RMBS, such as non-agency CMOs, such as investment grade and non-investment grade.
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