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Ellington Residential Mortgage REIT (EARN)
After hours:
| Previous close | 6.68 |
| Open | 6.66 |
| Bid | 0.00 x 1300 |
| Ask | 0.00 x 800 |
| Day's range | 6.61 - 6.71 |
| 52-week range | 5.09 - 7.64 |
| Volume | |
| Avg. volume | 252,011 |
| Market cap | 131.008M |
| Beta (5Y monthly) | 1.89 |
| PE ratio (TTM) | 21.32 |
| EPS (TTM) | 0.31 |
| Earnings date | 01 May 2024 - 05 May 2024 |
| Forward dividend & yield | 0.96 (14.37%) |
| Ex-dividend date | 29 Apr 2024 |
| 1y target est | 9.83 |
Business WireEllington Credit Adopts Tax Asset Preservation Plan Designed to Protect Shareholder Value by Preserving the Availability of Its Net Operating Losses While Operating as a C-Corp
OLD GREENWICH, Conn., April 23, 2024--Ellington Credit Company ("Ellington Credit" or the "Company") (NYSE: EARN) announced today that it has adopted a shareholder rights plan designed to protect shareholder value by preserving the availability of the Company’s net operating loss carryforwards ("NOLs") and other tax attributes under the Internal Revenue Code of 1986, as amended (the "IRC") (such plan, the "Tax Asset Preservation Plan").
Business WireEllington Residential Rebrands as Ellington Credit Company
OLD GREENWICH, Conn., April 19, 2024--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company" or "EARN") today announced that it has rebranded as Ellington Credit Company as part of its strategic transformation to focus on corporate collateralized loan obligations ("CLOs").
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