Ellington Credit CO
Market Movers (8-K)
NYSE
Ellington Credit Company announced a monthly common dividend of $0.08 per share, payable on August 31, 2026.
NYSE
Ellington Credit Company shareholders re-elected six trustees and ratified the appointment of PricewaterhouseCoopers LLP as independent auditors.
NYSE
Ellington Credit Company has declared a monthly common dividend of $0.08 per share payable on July 31, 2026.
NYSE
Ellington Credit Company reported a GAAP net loss of $32.3 million for the quarter ended March 31, 2026, with Net Asset Value (NAV) per share at $4.09, reflecting market volatility.
Worse than expected
Capital raise
NYSE
Ellington Credit Company announced a monthly common dividend of $0.08 per share, payable on June 30, 2026.
NYSE
Ellington Credit Company announced a net loss of $(21.1) million, or $(0.56) per share, for the quarter ended December 31, 2025, primarily due to underperformance in the CLO equity market.
Worse than expected
Quarterly Earnings (10-Q)
NYSE
Ellington Credit Company reported a net income of $5.4 million for the third quarter of 2024, as it continues its strategic transformation towards focusing on corporate collateralized loan obligations (CLOs).
Better than expected
Capital raise
NYSE
Ellington Credit Company reports a net loss of $0.8 million for the second quarter of 2024, as it continues its strategic transformation to focus on corporate collateralized loan obligations (CLOs).
Worse than expected
Capital raise
NYSE
Ellington Credit Company reports its Q1 2024 results and announces a strategic shift to focus on corporate collateralized loan obligations (CLOs), revoking its REIT status and planning to convert to a regulated investment company.
Better than expected
Capital raise
Annual Reports (10-K)
NYSE
Ellington Credit Company has finalized its strategic shift from a residential mortgage REIT to a closed-end fund focused on corporate Collateralized Loan Obligations (CLOs), reporting a net loss of $7.9 million for the three-month period ended March 31, 2025, as it liquidates mortgage-related assets and expands its CLO portfolio.
Capital raise
Worse than expected
NYSE
10-K: Ellington Credit Company Reports Full Year 2024 Results, Outlines Strategic Transition to CLOs
Ellington Credit Company details its financial performance for 2024 and highlights its strategic shift towards corporate collateralized loan obligations (CLOs) and conversion to a registered investment company.
Worse than expected
Capital raise
NYSE
Ellington Residential Mortgage REIT filed an amendment to its 2023 annual report to include information required by Part III of Form 10-K and updated certifications from its principal executive and financial officers.
NYSE
Ellington Residential Mortgage REIT's 2023 annual report details a year of strategic portfolio adjustments, including a shift towards corporate CLOs, amid volatile interest rate conditions.
Worse than expected
Capital raise
Insider Trading (Form 4)
NYSE
Ellington Credit Co.'s CFO, Chris Smernoff, disposed of 2,468 common shares at $5.17 each to cover tax liabilities from vested equity.
NYSE
Ellington Credit Co's Chief Operating Officer, John Herlihy, disposed of 5,235 common shares to cover tax liabilities from vested equity.
NYSE
Ellington Credit Co. Director Ronald I. Simon acquired 10,536 common shares and restructured his holdings, increasing his indirect beneficial ownership.
NYSE
Ellington Credit Co.'s Portfolio Manager, Gregory Borenstein, acquired 3,000 common shares at $5.29 each, increasing his beneficial ownership to 25,000 shares.
NYSE
Ellington Credit Co's Portfolio Manager, Gregory Borenstein, purchased 4,000 common shares at $5.62 each.
NYSE
Form 4: Ellington Credit Co: Portfolio Manager Gregory Borenstein Reports Transaction in Company Shares
Portfolio Manager Gregory Borenstein reports the acquisition and disposition of Ellington Credit Co shares on April 9, 2025.
Proxy Statements (Def-14A)
NYSE
Ellington Credit Company has filed a definitive proxy statement with the SEC, indicating upcoming shareholder actions.
NYSE
Ellington Credit Company will hold its 2025 Annual Meeting of Shareholders virtually on May 29, 2025, to elect trustees and ratify the appointment of PricewaterhouseCoopers LLP as its independent registered public accounting firm.
NYSE
Ellington Credit Company has filed a definitive proxy statement with the SEC, indicating upcoming shareholder actions.
NYSE
Ellington Credit Company is transitioning its investment strategy to focus primarily on corporate collateralized loan obligations (CLOs) and is seeking shareholder approval for a conversion to a registered closed-end fund.
NYSE
Ellington Credit Company has filed its definitive proxy statement with the SEC, indicating an upcoming shareholder meeting.
NYSE
Ellington Credit Company has scheduled its annual shareholder meeting for December 4, 2024, to vote on proposals to convert to a closed-end investment company, with over 92% of votes cast in favor but not yet enough for passage.
Schedule 13G - Passive Investments
NYSE
Wells Fargo & Company has disclosed a 4.5% passive beneficial ownership stake in Ellington Credit Company's common shares as of June 30, 2025.
NYSE
Wells Fargo & Company has filed a Schedule 13G, reporting a passive beneficial ownership of 5.6% of Ellington Credit Co's Common Shares of Beneficial Interest as of March 31, 2025.