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

$10.61
+0.05 (+0.47 %)
(As of 10/16/2019 04:07 AM ET)
Today's Range
$10.56
Now: $10.61
$10.70
50-Day Range
$9.76
MA: $10.45
$10.95
52-Week Range
$9.68
Now: $10.61
$12.14
Volume16,400 shs
Average Volume54,335 shs
Market Capitalization$133.79 million
P/E Ratio7.92
Dividend Yield10.61%
Beta0.78
Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), including agency pools and agency collateralized mortgage obligations (CMOs); and non-agency RMBS comprising non-agency CMOs, such as investment grade and non-investment grade. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone203-698-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$54.55 million
Cash Flow$2.18 per share
Book Value$12.20 per share

Profitability

Net Income$-11,300,000.00

Miscellaneous

EmployeesN/A
Market Cap$133.79 million
Next Earnings Date11/4/2019 (Estimated)
OptionableNot Optionable

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Ellington Residential Mortgage REIT (NYSE:EARN) Frequently Asked Questions

What is Ellington Residential Mortgage REIT's stock symbol?

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

How often does Ellington Residential Mortgage REIT pay dividends? What is the dividend yield for Ellington Residential Mortgage REIT?

Ellington Residential Mortgage REIT declared a quarterly dividend on Wednesday, September 11th. Shareholders of record on Monday, September 30th will be given a dividend of $0.28 per share on Friday, October 25th. This represents a $1.12 annualized dividend and a yield of 10.56%. The ex-dividend date is Friday, September 27th. View Ellington Residential Mortgage REIT's Dividend History.

How will Ellington Residential Mortgage REIT's stock buyback program work?

Ellington Residential Mortgage REIT announced that its board has authorized a stock repurchase plan 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. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued.

How were Ellington Residential Mortgage REIT's earnings last quarter?

Ellington Residential Mortgage REIT (NYSE:EARN) issued its quarterly earnings results on Thursday, August, 1st. The real estate investment trust reported $0.22 EPS for the quarter, missing the consensus estimate of $0.26 by $0.04. The real estate investment trust earned $2.48 million during the quarter. Ellington Residential Mortgage REIT had a negative net margin of 2.05% and a positive return on equity of 8.89%. View Ellington Residential Mortgage REIT's Earnings History.

When is Ellington Residential Mortgage REIT's next earnings date?

Ellington Residential Mortgage REIT is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Ellington Residential Mortgage REIT.

What price target have analysts set for EARN?

1 analysts have issued 1 year price objectives for Ellington Residential Mortgage REIT's shares. Their predictions range from $12.50 to $12.50. On average, they expect Ellington Residential Mortgage REIT's share price to reach $12.50 in the next year. This suggests a possible upside of 17.8% from the stock's current price. View Analyst Price Targets for Ellington Residential Mortgage REIT.

What is the consensus analysts' recommendation for Ellington Residential Mortgage REIT?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ellington Residential Mortgage REIT in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ellington Residential Mortgage REIT.

Has Ellington Residential Mortgage REIT been receiving favorable news coverage?

Media coverage about EARN stock has trended very negative on Wednesday, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ellington Residential Mortgage REIT earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Ellington Residential Mortgage REIT.

Are investors shorting Ellington Residential Mortgage REIT?

Ellington Residential Mortgage REIT saw a decline in short interest in September. As of September 30th, there was short interest totalling 332,600 shares, a decline of 7.8% from the August 30th total of 360,800 shares. Based on an average daily volume of 45,000 shares, the short-interest ratio is currently 7.4 days. Approximately 3.6% of the shares of the stock are sold short. View Ellington Residential Mortgage REIT's Current Options Chain.

Who are some of Ellington Residential Mortgage REIT's key competitors?

What other stocks do shareholders of Ellington Residential Mortgage REIT own?

Who are Ellington Residential Mortgage REIT's key executives?

Ellington Residential Mortgage REIT's management team includes the folowing people:
  • Mr. Laurence Eric Penn, Pres, CEO & Trustee (Age 57)
  • Mr. Michael William Vranos, Co-Chief Investment Officer & Trustee (Age 57)
  • Mr. Christopher M. Smernoff B.S., CPA, Chief Financial Officer (Age 42)
  • Mr. JR Herlihy B.A., Chief Operating Officer (Age 38)
  • Mr. Mark Ira Tecotzky, Co-Chief Investment Officer (Age 57)

How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.

What is Ellington Residential Mortgage REIT's stock price today?

One share of EARN stock can currently be purchased for approximately $10.61.

How big of a company is Ellington Residential Mortgage REIT?

Ellington Residential Mortgage REIT has a market capitalization of $133.79 million and generates $54.55 million in revenue each year. The real estate investment trust earns $-11,300,000.00 in net income (profit) each year or $1.34 on an earnings per share basis. View Additional Information About Ellington Residential Mortgage REIT.

What is Ellington Residential Mortgage REIT's official website?

The official website for Ellington Residential Mortgage REIT is http://www.earnreit.com/.

How can I contact Ellington Residential Mortgage REIT?

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]


MarketBeat Community Rating for Ellington Residential Mortgage REIT (NYSE EARN)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  158 (Vote Outperform)
Underperform Votes:  239 (Vote Underperform)
Total Votes:  397
MarketBeat's community ratings are surveys of what our community members think about Ellington Residential Mortgage REIT and other stocks. Vote "Outperform" if you believe EARN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EARN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/16/2019 by MarketBeat.com Staff

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