Ellington Credit Co has a consensus price target of $3.83, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from JMP Securities, JMP Securities, and UBS on April 19, 2024, April 18, 2024, and December 6, 2023. With an average price target of $2 between JMP Securities, JMP Securities, and UBS, there's an implied -71.79% downside for Ellington Credit Co from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
04/19/2024 | Buy Now | — | JMP Securities | Mikhail Goberman | — | Reiterates | → Market Perform | Get Alert |
04/18/2024 | Buy Now | — | JMP Securities | Mikhail Goberman | — | Reiterates | → Market Perform | Get Alert |
12/06/2023 | Buy Now | -15.38% | UBS | Douglas Harter | → $6 | Initiates | → Neutral | Get Alert |
12/19/2022 | Buy Now | — | JonesTrading | Jason Stewart | — | Initiates | → Hold | Get Alert |
10/03/2022 | Buy Now | 12.83% | Piper Sandler | Crispin Love | $9.5 → $8 | Maintains | Overweight | Get Alert |
06/28/2022 | Buy Now | 26.93% | Piper Sandler | Crispin Love | $10.5 → $9 | Maintains | Overweight | Get Alert |
05/16/2022 | Buy Now | 26.93% | Credit Suisse | Douglas Harter | $9.75 → $9 | Maintains | Neutral | Get Alert |
04/01/2022 | Buy Now | — | JMP Securities | Mikhail Goberman | — | Downgrade | Market Outperform → Market Perform | Get Alert |
03/10/2022 | Buy Now | 41.04% | Credit Suisse | Douglas Harter | $11.5 → $10 | Maintains | Neutral | Get Alert |
03/09/2022 | Buy Now | 62.19% | Piper Sandler | Crispin Love | $12.5 → $11.5 | Maintains | Overweight | Get Alert |
11/08/2021 | Buy Now | — | BTIG | Eric Hagen | — | Downgrade | Buy → Neutral | Get Alert |
10/12/2021 | Buy Now | 76.3% | Piper Sandler | Crispin Love | — | Initiates | → Overweight | Get Alert |
The latest price target for Ellington Credit (NYSE: EARN) was reported by JMP Securities on April 19, 2024. The analyst firm set a price target for $0.00 expecting EARN to fall to within 12 months (a possible -100.00% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Ellington Credit (NYSE: EARN) was provided by JMP Securities, and Ellington Credit reiterated their market perform rating.
There is no last upgrade for Ellington Credit.
The last downgrade for Ellington Credit Co happened on April 1, 2022 when JMP Securities changed their price target from N/A to N/A for Ellington Credit Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ellington Credit, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ellington Credit was filed on April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
While ratings are subjective and will change, the latest Ellington Credit (EARN) rating was a reiterated with a price target of $0.00 to $0.00. The current price Ellington Credit (EARN) is trading at is $7.09, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.