How to Buy Ellington Credit Co Stock
Ellington Credit Co
Ellington Credit Co is a mortgage REIT company located in Connecticut, United States, which is part of the Real Estate sector, and is traded under the ticker EARN on the NYSE exchange.
Ellington Credit Co stock last closed at $6.73, down 0.3% from the previous day, and has decreased 7.81% in one year. It has underperformed other stocks in the REIT - Mortgage industry by 0.05 percentage points. Ellington Credit Co stock is currently +32.22% from its 52-week low of $5.09, and -11.91% from its 52-week high of $7.64.
There are currently 19.82M shares of EARN outstanding. The market cap of EARN is $133.39M. In the last 24 hours, 165,294 EARN shares were traded.
How to Buy Ellington Credit Co Stock
Not sure how to invest in Ellington Credit Co stock? Here's how.
- Figure out where to buy Ellington Credit Co stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Ellington Credit Co stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your method of payment and add your information.
- Evaluate Ellington Credit Co stock: The Ellington Credit Co ticker symbol is EARN. Is Ellington Credit Co stock a good investment? Should you buy shares of EARN? How do EARN's underlying business fundamentals look? Do top analysts think Ellington Credit Co is a good buy? Why has EARN's stock price moved recently? (Hint: Our stock market research tools can help you decide if EARN is a good stock to buy).
- Execute your EARN trade: Decide if you will purchase EARN shares at the current market price or use a limit order to buy EARN shares at a specific price.
- Get the latest news on your EARN investment: Create a watchlist to keep tabs on your investment in Ellington Credit Co stock.
Step 1: Figure out where to buy Ellington Credit Co stock
You will need a brokerage account in order to access the NYSE market and buy EARN shares.
Our preferred brokerage: eToro
We believe that eToro is the best stock brokerage. eToro gives you:
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- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
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- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you are able to buy EARN today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've filled out your info on one of the best stock apps, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Evaluate Ellington Credit Co stock
After you have selected the best place to buy Ellington Credit Co stock, it's absolutely critical to analyze their stock prior to investing, so you actually comprehend the risk as well as the upside.
Ellington Credit Co Metrics
EARN Overview
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on EARN's stock page.
What is the fair value of EARN stock?
Investors use many financial metrics, analyses, models, and charts to gauge EARN's true value.
Using relative valuations metrics:
- EARN may be undervalued based on its P/E ratio of 21.71x, relative to REIT - Mortgage industry P/E ratio of 64.07x
- EARN may be overvalued based on its P/B ratio of 0.98x, relative to REIT - Mortgage industry P/B ratio of 0.71x
You can do more valuation analysis on EARN's stock here.
Is EARN a healthy company?
Pros:
- Total EARN debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- EARN has a relatively high debt to equity ratio of 5.94.
- EARN profit margin has gone down from -149.6% to -168.4% in the past year.
Do Wall Street analysts think it's a good time to buy Ellington Credit Co stock
Out of 1 sell side analysts who monitor EARN, the consensus analyst rating on EARN is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Ellington Credit Co stock forecast page.
EARN Trading Indicators
How is EARN performing as a company?
Last year, EARN earnings were $4.56M. During the past 4 year, EARN's earnings have gone up by -35.49% per year. This was slower than the REIT - Mortgage industry average of -13.76%.
Find out more about EARN's earnings and revenue performance here.
Who is buying/selling EARN?
In the past year, insiders at EARN have sold more shares than they have bought.
John Herlihy, Chief Operating Officer of EARN, was the latest EARN insider to sell. They sold $15,699.28 worth of EARN stock on Dec 29, 2023.
Learn more about who owns EARN stock here.
Can I get consistent income from EARN stock?
Ellington Credit Co pays a dividend of 14.26%, compared to the REIT - Mortgage industry's average dividend yield of 13.67%. If you owned $1,000 worth of EARN stock, you would have been paid $142.64 in the past 12 months.
Ellington Credit Co dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Ellington Credit Co dividend yield and history here.
EARN Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your EARN trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Press the Open button and eToro will place your order.
If you need additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your EARN investment
Now that you own some EARN shares, you'll want to keep up with your new investment.
Add EARN to a watchlist to keep track of your EARN stock.
EARN Feed
How to Buy Stock in Ellington Credit Co
To reiterate, here are the 6 steps to buy stock in Ellington Credit Co:
- Figure out where to buy Ellington Credit Co stock
- Create your brokerage account
- Put funds into your investment account
- Evaluate Ellington Credit Co stock
- Execute your EARN trade
- Get the latest news on your EARN investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your new investment in Ellington Credit Co, add EARN to your watchlist by clicking the button below.
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