EARN
Ellington Credit Company
NYSEUSDEQUITY
Financial Services
DELAYED
Strong sell
-56/100
Last price
3.62
▼ 0.04 (1.01%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
3.73
Prev close
3.66
Day high
3.77
Day low
3.42
Volume
1.73M
Market cap
$140.30M
P/E (TTM)
—
52W range
3.42 – 5.72
Day trading desk
Gap from prior close
+1.91%
Prior close 3.66
VWAP
3.56
+1.66% from price
Relative volume
10.68×
Unusually busy
Session range
10.23%
3.42 – 3.77
Position in range
58%
Mid range
ATR (14D)
0.13
3.59% of price
Prior day high
4.05
PDH
Prior day low
3.66
PDL
Bid / ask spread
—
Quote not published
Session volume
4.01M
Avg 375.65K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-16.59%
-18.5%
1M
-18.12%
-19.3%
3M
-18.31%
-22.8%
6M
-20.67%
-38.9%
YTD
-32.26%
-46.5%
1Y
-34.50%
-50.9%
3Y
-42.51%
-124.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on EARN open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
520.27K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Oct 1, 25 | BORENSTEIN GREGORY MORRIS Officer |
BUY | 3.00K | $15.87K | Direct |
| Sep 11, 25 | SIMON RONALD I Director |
BUY | 10.54K | $59.84K | Direct |
| Sep 5, 25 | BORENSTEIN GREGORY MORRIS Officer |
BUY | 4.00K | $22.48K | Direct |
| Apr 9, 25 | BORENSTEIN GREGORY MORRIS Officer |
BUY | 8.00K | $37.87K | Direct |
| Dec 20, 24 | SMERNOFF CHRISTOPHER Chief Financial Officer |
STOCK | 8.00K | $0 | Direct |
| Dec 20, 24 | HERLIHY JOHN Chief Operating Officer |
STOCK | 24.35K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BORENSTEIN GREGORY MORRIS |
Officer | 25.00K | Purchase |
HERLIHY JOHN |
Chief Operating Officer | 59.94K | Stock Award(Grant) |
SIMON RONALD I |
Director | 80.00K | Purchase |
SMERNOFF CHRISTOPHER |
Chief Financial Officer | 28.53K | Stock Award(Grant) |
Fundamentals
Market cap$140.30M
Enterprise value$318.57M
Revenue (TTM)$41.59M
Gross profit$41.59M
EBITDA—
Net income$-33.77M
EPS (TTM)$-1.03
Free cash flow—
Total cash$23.47M
Total debt$205.76M
Book value / share$4.18
Shares outstanding39.30M
Float—
Short % of float1.85%
Dividend yield26.89%
Beta (5Y)1.30
Valuation & profitability ratios
Trailing P/E—
Forward P/E3.81
PEG ratio—
Price / sales—
Price / book0.85
EV / revenue7.66
EV / EBITDA—
Gross margin100.00%
Operating margin67.98%
Profit margin-81.20%
Return on equity—
Return on assets—
Debt / equity128.84
Current ratio0.11
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|
| Total revenue | $15.88M | $10.09M | -$25.07M | -$557.00K | +57.3% |
| Operating revenue | $15.88M | $10.09M | -$25.07M | -$557.00K | +57.3% |
| Selling, general & admin | $1.93M | $1.12M | $1.11M | $1.10M | +72.3% |
| Pre-tax income | $7.10M | $4.56M | -$30.20M | -$6.31M | +55.6% |
| Tax provision | $510.00K | $0 | — | — | — |
| Net income | $6.59M | $4.56M | -$30.20M | -$6.31M | +44.5% |
| Net income to common | $6.59M | $4.56M | -$30.20M | -$6.31M | +44.5% |
| Basic EPS | — | 0.31 | -2.29 | -0.50 | — |
| Diluted EPS | — | 0.31 | -2.29 | -0.50 | — |
| Basic shares | — | 14.88M | 13.16M | 12.68M | — |
| Diluted shares | — | 14.88M | 13.16M | 12.68M | — |
| Line item | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $31.84M | $38.53M | $34.82M | $69.03M | -17.4% |
| Accounts receivable | $10.54M | $4.52M | $3.33M | $4.50M | +133.0% |
| Total assets | $824.09M | $945.69M | $1.05B | $1.60B | -12.9% |
| Total liabilities | $630.37M | $809.45M | $941.22M | $1.44B | -22.1% |
| Retained earnings | -$155.16M | -$138.65M | -$128.66M | -$84.77M | -11.9% |
| Shareholder equity | $193.73M | $136.24M | $112.41M | $154.22M | +42.2% |
| Net tangible assets | $193.73M | $136.24M | $112.41M | $154.22M | +42.2% |
| Shares issued | 29.65M | 18.60M | 13.38M | 13.11M | +59.4% |
| Line item | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|
| Net income | $6.59M | $4.56M | -$30.20M | -$6.31M | +44.5% |
| Stock-based compensation | $442.00K | $255.00K | $312.00K | $271.00K | +73.3% |
| Change in working capital | -$1.06M | -$2.95M | $4.76M | $196.00K | +64.0% |
| Operating cash flow | $9.11M | -$10.02M | $22.42M | $27.88M | +190.9% |
| Investing cash flow | $116.45M | $85.72M | $110.55M | -$15.23M | +35.8% |
| Share buybacks | $0 | $0 | -$262.00K | $0 | — |
| Dividends paid | -$22.21M | -$14.12M | -$13.94M | -$17.27M | -57.3% |
| Financing cash flow | -$132.25M | -$71.98M | -$167.18M | -$1.79M | -83.7% |
| Free cash flow | $9.11M | -$10.02M | $22.42M | $27.88M | +190.9% |
| End cash position | $31.84M | $38.53M | $34.82M | $69.03M | -17.4% |
| Line item | 2025-03-31 | YoY |
|---|---|---|
| Total revenue | -$5.29M | |
| Operating revenue | -$5.29M | |
| Selling, general & admin | $520.00K | |
| Pre-tax income | -$7.88M | |
| Tax provision | -$6.00K | |
| Net income | -$7.87M | |
| Net income to common | -$7.87M | |
| Basic EPS | -0.23 | |
| Diluted EPS | -0.23 | |
| Basic shares | 34.81M | |
| Diluted shares | 34.81M |
| Line item | 2025-09-30 | 2025-03-31 | YoY |
|---|---|---|---|
| Cash & equivalents | $20.09M | $17.38M | +15.6% |
| Accounts receivable | — | $6.41M | — |
| Total assets | $415.74M | $783.56M | -46.9% |
| Total liabilities | $190.65M | $555.06M | -65.7% |
| Retained earnings | -$175.29M | -$171.74M | -2.1% |
| Shareholder equity | $225.09M | $228.50M | -1.5% |
| Net tangible assets | $225.09M | $228.50M | -1.5% |
| Shares issued | 37.57M | 37.56M | +0.0% |
| Line item | 2025-03-31 | YoY |
|---|---|---|
| Net income | -$7.87M | |
| Stock-based compensation | $203.00K | |
| Change in working capital | $1.40M | |
| Operating cash flow | $9.21M | |
| Investing cash flow | -$27.14M | |
| Share buybacks | -$979.00K | |
| Dividends paid | -$8.08M | |
| Financing cash flow | $3.47M | |
| Free cash flow | $9.21M | |
| End cash position | $17.38M |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
2.50
-30.0% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-50.0%
Calls bid over puts
Call volume
0
Contracts, this expiry
Put volume
4
Contracts, this expiry
Heaviest call OI
2.50
0 contracts
Heaviest put OI
5.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.21 | 0.15 | -26.8% |
| Mar 2026 | 0.24 | 0.19 | -20.8% |
| Dec 2025 | 0.24 | 0.21 | -12.5% |
| Sep 2025 | 0.20 | 0.23 | +13.5% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.19 | 3 | $9.43M | -20.6% |
| Next quarter | 0.20 | 3 | $9.70M | -12.8% |
| Current year | 0.76 | 3 | $0 | — |
| Next year | 0.94 | 3 | $0 | — |
Analyst targets & ownership
Mean target$5.00
High target$5.00
Low target$5.00
Implied upside38.01%
Analyst count1
ConsensusNONE
Strong buy / Buy1 / 0
Hold3
Sell / Strong sell0 / 0
Held by insiders1.36%
Held by institutions4.07%
Institutions holding48
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
4.04
-10.34% from price
SMA 20
4.14
-13.84% from price
SMA 50
4.29
-16.83% from price
SMA 100
4.42
-18.11% from price
SMA 200
4.70
-23.97% from price
EMA 12
4.00
-9.47% from price
EMA 26
4.14
-12.55% from price
EMA 50
4.25
-14.80% from price
RSI (14)
23.1
Oversold
MACD (12,26,9)
-0.14
Hist -0.06
ATR (14)
0.13
3.64% of price
Realised vol 30D
37.0%
Annualised
Bollinger upper
4.54
20, 2σ
Bollinger lower
3.74
20, 2σ
50 / 200 cross
Death
4.29 vs 4.70
Trend bias
Below 200
-23.97%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.44
Less volatile than market
Correlation to SPY
0.22
Largely independent
Realised vol 30D
37.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-37.4%
Peak to trough
Max drawdown 5Y
-71.1%
Peak to trough
ATR 14
0.13
3.64% of price
Beta (reported)
1.30
5Y monthly, from filing
Short interest
Shares short
716.24K
Prior 878.12K
Change vs prior
-18.4%
Shorts covering
% of float
1.85%
Normal
% of shares out
1.82%
Against total outstanding
Days to cover
1.9
Liquid
Float
—
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 13, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Mar 6, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Oct 14, 25 | UBS | MAINTAINED | Neutral | Neutral |
| Jul 16, 25 | UBS | MAINTAINED | Neutral | Neutral |
| Jun 10, 25 | UBS | MAINTAINED | Neutral | Neutral |
| Apr 17, 25 | UBS | MAINTAINED | Neutral | Neutral |
| Apr 8, 25 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Apr 19, 24 | JMP Securities | MAINTAINED | — | Market Perform |
| Apr 18, 24 | JMP Securities | MAINTAINED | — | Market Perform |
| Dec 6, 23 | UBS | INITIATED | — | Neutral |
| Dec 19, 22 | JonesTrading | INITIATED | — | Hold |
| Oct 3, 22 | Piper Sandler | MAINTAINED | — | Overweight |
Dividends & splits
Forward rate$0.96 / yr
Forward yield26.89%
5-year avg yield—
Payout ratio0.00%
Ex-dividend dateSep 30, 2026
Next pay dateOct 30, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-08
Offering Registrations
N-2 · 2026-09-01
Monthly Portfolio Investments Report on Form N- PORT (Public)
NPORT-P · 2026-08-27
Annual Report of Proxy Voting Record of Registered Management Investment Companies filed on Form N-PX
N-PX · 2026-08-13
Corporate Changes & Voting Matters
8-K · 2026-08-12
Corporate Changes & Voting Matters
8-K · 2026-08-10
Corporate Changes & Voting Matters
8-K · 2026-07-08
Corporate Changes & Voting Matters
8-K · 2026-06-25
Headlines
Ellington Credit Declares Monthly Common Distribution
Business Wire · 28d ago
Ellington Credit Q2 Earnings Call Highlights
MarketBeat · 54d ago
Ellington Credit Company Q1 2027 Earnings Call Summary
Moby · 55d ago
Ellington Credit: Fiscal Q1 Earnings Snapshot
Associated Press · 55d ago
Ellington Credit Company Announces Financial Results for the First Fiscal Quarter Ended June 30, 2026
Business Wire · 55d ago
Earnings To Watch: Ellington Credit Co (EARN) Reports Q1 2027 Result
GuruFocus.com · 56d ago
Ellington Credit Co (EARN) Q1 2027: Everything You Need To Know Ahead Of Earnings
GuruFocus.com · 57d ago
Ellington Credit Declares Monthly Common Distribution
Business Wire · 58d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.