Ellington Credit Company, a closed-end management investment company, focuses on generating current yields and risk-adjusted total returns by investing primarily in collateralized loan obligations. It invests in mezzanine debt and equity tranches. The company was formerly known as Ellington Residential Mortgage REIT and changed its name to Ellington Credit Company in April 2024. Ellington Credit Company was incorporated in 2012 and is headquartered in Old Greenwich, Connecticut.
Research context
Ellington Residential Mortgage appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Financial Services
- Industry
- Asset Management
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5 years, 6 months ago
Ellington Residential Mortgage REIT is currently in a long term downtrend where the price is trading 8.4% below its 200 day moving average.
From a valuation standpoint, the stock is 40.5% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 5.9.
Ellington Residential Mortgage REIT's total revenue sank by 19.9% to $9M since the same quarter in the previous year.
Its net income has dropped by 23.8% to $7M since the same quarter in the previous year.
Finally, its free cash flow grew by 71.9% to $8M since the same quarter in the previous year.
Based on the above factors, Ellington Residential Mortgage REIT gets an overall score of 2/5.