NYSE:EARN - Ellington Residential Mortgage REIT Stock Price, News, & Analysis

Ellington Residential Mortgage REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "EARN."

Ellington Residential Mortgage REIT declared a quarterly dividend on Thursday, June 14th. Investors of record on Friday, June 29th will be paid a dividend of $0.37 per share on Wednesday, July 25th. This represents a $1.48 dividend on an annualized basis and a yield of 12.49%. The ex-dividend date of this dividend is Thursday, June 28th. View Ellington Residential Mortgage REIT's Dividend History.

Ellington Residential Mortgage REIT declared that its Board of Directors has initiated a stock repurchase program on Friday, February 9th 2018, which allows the company to buyback 1,200,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's management believes its shares are undervalued.

Ellington Residential Mortgage REIT (NYSE:EARN) announced its earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.36 EPS for the quarter, meeting the consensus estimate of $0.36. The real estate investment trust earned $6.41 million during the quarter. Ellington Residential Mortgage REIT had a net margin of 14.42% and a return on equity of 9.27%. View Ellington Residential Mortgage REIT's Earnings History.

Ellington Residential Mortgage REIT is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Ellington Residential Mortgage REIT.

Some companies that are related to Ellington Residential Mortgage REIT include Community Healthcare Trust (CHCT), One Liberty Properties (OLP), AG Mortgage Investment Trust (MITT), New Senior Investment Group (SNR), Sutherland Asset Management (SLD), Whitestone REIT (WSR), American Hotel Income Properties REIT (AHOTF), ANWORTH MORTGAGE ASSET CORP REIT Common Stock (ANH), City Office REIT (CIO), Corenergy Infrastructure Trust (CORR), Western Asset Mortgage Capital (WMC), Spirit MTA REIT (SMTA), Cedar Realty Trust (CDR), Orchid Island Capital (ORC) and Ares Commercial Real Estate (ACRE).

Press coverage about EARN stock has been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ellington Residential Mortgage REIT earned a media and rumor sentiment score of 0.13 on Accern's scale. They also assigned media stories about the real estate investment trust an impact score of 46.36 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Ellington Residential Mortgage REIT.

Ellington Residential Mortgage REIT's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (6.82%), Wolverine Asset Management LLC (4.50%), Acadian Asset Management LLC (3.25%), FMR LLC (3.01%), BlackRock Inc. (2.16%) and Gables Capital Management Inc. (1.16%). Company insiders that own Ellington Residential Mortgage REIT stock include Holdings LP Blackstone III, Laurence Penn and Ronald I Simon. View Institutional Ownership Trends for Ellington Residential Mortgage REIT.

EARN stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Renaissance Technologies LLC, Cubist Systematic Strategies LLC, California Public Employees Retirement System and Gables Capital Management Inc.. View Insider Buying and Selling for Ellington Residential Mortgage REIT.

EARN stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, FMR LLC, Millennium Management LLC, Wolverine Asset Management LLC, Paloma Partners Management Co, Jane Street Group LLC, LMR Partners LLP and BB&T Securities LLC. Company insiders that have bought Ellington Residential Mortgage REIT stock in the last two years include Holdings LP Blackstone III, Laurence Penn and Ronald I Simon. View Insider Buying and Selling for Ellington Residential Mortgage REIT.

Shares of EARN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of EARN stock can currently be purchased for approximately $11.85.

Ellington Residential Mortgage REIT has a market capitalization of $147.08 million and generates $30.14 million in revenue each year. The real estate investment trust earns $10.78 million in net income (profit) each year or $1.80 on an earnings per share basis. Ellington Residential Mortgage REIT employs 160 workers across the globe.

Ellington Residential Mortgage REIT's mailing address is 53 Forest Avenue, Old Greenwich CT, 06870. The real estate investment trust can be reached via phone at 203-698-1200 or via email at [email protected]