Ellington Credit Company Common Shares of Beneficial Interest has a consensus price target of $7.67 based on the ratings of 5 analysts. The high is $9 issued by Credit Suisse on May 16, 2022. The low is $6 issued by UBS on December 6, 2023. The 3 most-recent analyst ratings were released by UBS, Piper Sandler, and Piper Sandler on December 6, 2023, October 3, 2022, and June 28, 2022, respectively. With an average price target of $7.67 between UBS, Piper Sandler, and Piper Sandler, there's an implied 61.74% upside for Ellington Credit Company Common Shares of Beneficial Interest from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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04/19/2024 | Buy Now | — | JMP Securities | Mikhail Goberman71% | — | Reiterates | → Market Perform | Get Alert |
04/18/2024 | Buy Now | — | JMP Securities | Mikhail Goberman71% | — | Reiterates | → Market Perform | Get Alert |
12/06/2023 | Buy Now | 26.58% | UBS | Douglas Harter69% | → $6 | Initiates | → Neutral | Get Alert |
12/19/2022 | Buy Now | — | JonesTrading | Jason Stewart45% | — | Initiates | → Hold | Get Alert |
10/03/2022 | Buy Now | 68.78% | Piper Sandler | Crispin Love54% | $9.5 → $8 | Maintains | Overweight | Get Alert |
06/28/2022 | Buy Now | 89.87% | Piper Sandler | Crispin Love54% | $10.5 → $9 | Maintains | Overweight | Get Alert |
05/16/2022 | Buy Now | 89.87% | Credit Suisse | Douglas Harter69% | $9.75 → $9 | Maintains | Neutral | Get Alert |
The latest price target for Ellington Credit Company Common Shares of Beneficial Interest (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). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Ellington Credit Company Common Shares of Beneficial Interest (NYSE:EARN) was provided by JMP Securities, and Ellington Credit Company Common Shares of Beneficial Interest reiterated their market perform rating.
There is no last upgrade for Ellington Credit Company Common Shares of Beneficial Interest
There is no last downgrade for Ellington Credit Company Common Shares of Beneficial Interest.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ellington Credit Company Common Shares of Beneficial Interest, 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 Company Common Shares of Beneficial Interest 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 Company Common Shares of Beneficial Interest (EARN) rating was a reiterated with a price target of $0.00 to $0.00. The current price Ellington Credit Company Common Shares of Beneficial Interest (EARN) is trading at is $4.93, which is out of the analyst’s predicted range.
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