Ellington Credit Co Models $12.36M Q3 Revenue, $0.24 EPS and 16% Upside
Ellington Credit Co forecasts Q3 revenue of $12.36 million and earnings of $0.24 per share, with 2026 revenue and EPS at $43.54 million and $0.96. 90-day revisions cut 2026 revenue forecasts from $43.84 million to $43.54 million while boosting EPS projections from $0.80 to $0.96, and a $5.75 target implies 16% upside.
1. Q3 2026 Revenue and Earnings Forecast
Ellington Credit Co is set to report Q3 2026 revenue of $12.36 million and earnings of $0.24 per share, with full-year 2026 revenue projected at $43.54 million and EPS at $0.96.
2. 90-Day Estimate Revisions
Over the past 90 days, full-year 2026 revenue estimates have been revised downward from $43.84 million to $43.54 million while EPS forecasts rose from $0.80 to $0.96. Concurrently, 2027 revenue projections increased from $51.41 million to $52.06 million and EPS estimates climbed from $0.88 to $1.01.
3. Analyst Price Targets and Ratings
Based on two analyst forecasts, the one-year price target ranges from $5.50 to $6.00, averaging $5.75 and implying about 16% upside. Consensus brokerage recommendations across four firms stand at 2.8, indicating a Hold rating.
4. Recent Quarter Performance
In Q2 2025 the firm reported revenue of $9.87 million, missing analyst expectations by 6%, while EPS of $0.27 beat forecasts by 39.9%, triggering a 2.5% share price increase the following trading day.