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An announcement from Ellington Residential Mortgage ( (EARN) ) is now available.
On July 8, 2025, Ellington Credit Company announced that its Board of Trustees declared a monthly dividend of $0.08 per share, which will be payable on August 29, 2025, to common shareholders of record as of July 31, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may impact its financial operations and market positioning, considering the various risks and uncertainties outlined in their forward-looking statements.
The most recent analyst rating on (EARN) stock is a Buy with a $6.50 price target. To see the full list of analyst forecasts on Ellington Residential Mortgage stock, see the EARN Stock Forecast page.
Spark’s Take on EARN Stock
According to Spark, TipRanks’ AI Analyst, EARN is a Neutral.
Ellington Residential Mortgage’s overall score reflects its mixed financial performance, with inconsistent revenue and cash flow but a stable balance sheet. Technical analysis indicates a currently weak stock trend, though valuation offers a high dividend yield. The absence of debt and strategic moves like the closed-end fund conversion are positive, but market volatility remains a risk.
To see Spark’s full report on EARN stock, click here.
More about Ellington Residential Mortgage
Ellington Credit Company is a non-diversified closed-end fund that aims to provide attractive current yields and risk-adjusted total returns by primarily investing in collateralized loan obligations (CLOs), focusing on mezzanine debt and equity tranches. The Fund is managed by an affiliate of Ellington Management Group, L.L.C., a leading fixed-income investment manager established in 1994, leveraging its extensive experience in portfolio management, credit analysis, and risk management.
Average Trading Volume: 373,243
Technical Sentiment Signal: Buy
Current Market Cap: $216.3M
Find detailed analytics on EARN stock on TipRanks’ Stock Analysis page.