earnings
confidence high
sentiment positive
materiality 0.65
Ellington Credit posts Q2 net income $12.3M, NAV $4.18/share
Ellington Credit Co
- NAV per share $4.18 at 6/30/26; quarterly economic return 8% (non-annualized)
- GAAP net income $12.3M ($0.33/sh) vs Q1 net loss $32.3M ($0.86 loss/sh)
- NII $6.1M ($0.16/sh); adjusted NII $5.7M ($0.15/sh)
- CLO portfolio fair value $334.1M; recurring cash distributions $17.6M ($0.47/sh)
- Declared $0.08/sh monthly distributions through Sept 30, 2026 payment