{"schema_version":"secwatch.filing_event.v1","accession":"0001560672-23-000043","form_type":"8-K","ticker":"EARN","cik":"0001560672","company_name":"Ellington Credit Co","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.391719+00:00","generated_at":"2026-06-15T04:06:47.637761+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ellington Residential Q1 net income $2.3M ($0.17/sh); ADE $0.21/sh; book value $8.31","bullets":["Net income of $2.3M ($0.17 diluted EPS); Adjusted Distributable Earnings of $2.8M ($0.21/sh).","Book value per share $8.31 as of March 31, 2023, after $0.24/sh dividends paid in Q1.","Monthly dividend of $0.08/sh declared on May 8, 2023; dividend yield 13.7% based on $7.02 close.","Debt-to-equity ratio 7.6:1 (7.5:1 adjusted); net mortgage assets-to-equity ratio 6.9:1.","CEO cited 1.8% economic return; rotation from low-coupon MBS and reduced leverage amid bank turmoil."],"urls":{"canonical":"https://secwatch.observer/filing/0001560672-23-000043","json":"https://secwatch.observer/filing/0001560672-23-000043.json","markdown":"https://secwatch.observer/filing/0001560672-23-000043.md","text":"https://secwatch.observer/filing/0001560672-23-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560672/000156067223000043/0001560672-23-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560672/000156067223000043/earn-20230511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T04:06:47.637761+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"81cc190df1d693677323ed830945e2943c72ed44","claim":"Ellington Credit Co reported the quarter ended March 31, 2023 results: net income $2.3 million, or $0.17 per share, EPS $0.17 per share.","evidence_excerpt":"On May 11, 2023, the Company issued a press release announcing its financial results for the quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1560672/000156067223000043/0001560672-23-000043-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"$2.3 million, or $0.17 per share"},{"label":"EPS","value":"$0.17 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}