The stock of Ellington Credit Co (EARN) has gone down by -0.84% for the week, with a -1.75% drop in the past month and a -3.94% drop in the past quarter. The volatility ratio for the week is 1.03%, and the volatility levels for the past 30 days are 1.58% for EARN. The simple moving average for the past 20 days is -1.01% for EARN’s stock, with a -5.05% simple moving average for the past 200 days.
Is It Worth Investing in Ellington Credit Co (NYSE: EARN) Right Now?
The price-to-earnings ratio for Ellington Credit Co (NYSE: EARN) is above average at 5.76x, Company’s 36-month beta value is 1.98.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for EARN is 28.80M, and currently, short sellers hold a 2.31% ratio of that floaft. The average trading volume of EARN on February 28, 2025 was 598.39K shares.
EARN) stock’s latest price update
The stock price of Ellington Credit Co (NYSE: EARN) has plunged by -1.00 when compared to previous closing price of 6.53, but the company has seen a -0.84% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-12 that The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 2025 include Black Stone Minerals, AG Mortgage Investment, Golden Ocean, ARMOUR Residential, and Invesco Mortgage Capital. Analysts project significant net gains for top Dividend Power stocks, with AG Mortgage and Seanergy Maritime showing the highest potential returns by February 2026.
Analysts’ Opinion of EARN
Many brokerage firms have already submitted their reports for EARN stocks, with UBS repeating the rating for EARN by listing it as a “Neutral.” The predicted price for EARN in the upcoming period, according to UBS is $6 based on the research report published on December 06, 2023 of the previous year 2023.
EARN Trading at -1.52% from the 50-Day Moving Average
After a stumble in the market that brought EARN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.95% of loss for the given period.
Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.03%, as shares sank -2.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.05% lower at present.
During the last 5 trading sessions, EARN fell by -0.54%, which changed the moving average for the period of 200-days by -8.40% in comparison to the 20-day moving average, which settled at $6.53. In addition, Ellington Credit Co saw -2.34% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EARN
Current profitability levels for the company are sitting at:
- 3.14 for the present operating margin
- 0.84 for the gross margin
The net margin for Ellington Credit Co stands at 1.48. The total capital return value is set at 0.23. Equity return is now at value 13.88, with 2.32 for asset returns.
Currently, EBITDA for the company is 49.81 million with net debt to EBITDA at -0.54. When we switch over and look at the enterprise to sales, we see a ratio of 11.52. The receivables turnover for the company is 0.24for trailing twelve months and the total asset turnover is 0.02.
Conclusion
In a nutshell, Ellington Credit Co (EARN) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
