NYSE:EARNEllington Residential Mortgage REIT Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ellington Residential Mortgage REIT Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.97 -0.30 (-2.66 %) (As of 08/11/2020 04:00 PM ET) Add Compare Share Today's Range$10.93Now: $10.97▼$11.4350-Day Range$9.68MA: $10.44▼$11.2752-Week Range$2.70Now: $10.97▼$11.88Volume88,612 shsAverage Volume102,063 shsMarket Capitalization$135.15 millionP/E Ratio7.51Dividend Yield9.94%Beta1.88 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Ellington Residential Mortgage REIT was founded in 2012 and is based in Old Greenwich, Connecticut.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Ellington Residential Mortgage REIT. Previous Next 2.0 Community Rank Outperform VotesEllington Residential Mortgage REIT has received 165 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEllington Residential Mortgage REIT has received 253 “underperform” votes. (Add your “underperform” vote.)Community SentimentEllington Residential Mortgage REIT has received 60.53% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Residential Mortgage REIT is a leading dividend payer. It pays a dividend yield of 9.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEllington Residential Mortgage REIT has only been increasing its dividend for 1 years. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ellington Residential Mortgage REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,870,646.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.40% of the stock of Ellington Residential Mortgage REIT is held by insiders.Percentage Held by Institutions64.58% of the stock of Ellington Residential Mortgage REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Residential Mortgage REIT is 7.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Residential Mortgage REIT is 7.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.26.Price to Book Value per Share RatioEllington Residential Mortgage REIT has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.91 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:EARN Previous Symbol CUSIPN/A CIK1560672 Webwww.earnreit.com Phone203-698-1200Debt Debt-to-Equity RatioN/A Current Ratio0.16 Quick Ratio0.16Price-To-Earnings Trailing P/E Ratio7.51 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$8.57 million Price / Sales15.77 Cash Flow$2.10 per share Price / Cash Flow5.22 Book Value$12.92 per share Price / Book0.85Profitability EPS (Most Recent Fiscal Year)N/A Net Income$22.26 million Net Margins226.14% Return on Equity7.78% Return on Assets0.80%Miscellaneous EmployeesN/A Outstanding Shares12,320,000Market Cap$135.15 million Next Earnings Date11/2/2020 (Estimated) OptionableNot Optionable $10.97 -0.30 (-2.66 %) (As of 08/11/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive EARN News and Ratings via Email Sign-up to receive the latest news and ratings for EARN and its competitors with MarketBeat's FREE daily newsletter. Ellington Residential Mortgage REIT (NYSE:EARN) Frequently Asked Questions How has Ellington Residential Mortgage REIT's stock been impacted by COVID-19 (Coronavirus)? Ellington Residential Mortgage REIT's stock was trading at $9.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, EARN shares have increased by 13.1% and is now trading at $10.97. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ellington Residential Mortgage REIT. When is Ellington Residential Mortgage REIT's next earnings date? Ellington Residential Mortgage REIT is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for Ellington Residential Mortgage REIT. How were Ellington Residential Mortgage REIT's earnings last quarter? Ellington Residential Mortgage REIT (NYSE:EARN) issued its quarterly earnings results on Tuesday, August, 4th. The real estate investment trust reported $0.26 EPS for the quarter, beating the Zacks' consensus estimate of $0.25 by $0.01. Ellington Residential Mortgage REIT had a return on equity of 7.78% and a net margin of 226.14%. View Ellington Residential Mortgage REIT's earnings history. 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, June 10th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.28 per share on Monday, July 27th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 10.21%. The ex-dividend date is Monday, June 29th. View Ellington Residential Mortgage REIT's dividend history. Has Ellington Residential Mortgage REIT been receiving favorable news coverage? News coverage about EARN stock has been trending neutral on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ellington Residential Mortgage REIT earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Ellington Residential Mortgage REIT. Are investors shorting Ellington Residential Mortgage REIT? Ellington Residential Mortgage REIT saw a drop in short interest in January. As of January 15th, there was short interest totaling 231,800 shares, a drop of 22.7% from the December 31st total of 299,700 shares. Based on an average trading volume of 35,200 shares, the days-to-cover ratio is currently 6.6 days. Approximately 2.5% of the company's stock are short sold. View Ellington Residential Mortgage REIT's Short Interest. Who are some of Ellington Residential Mortgage REIT's key competitors? Some companies that are related to Ellington Residential Mortgage REIT include Ready Capital (RC), RPT Realty (RPT), Catchmark Timber Trust (CTT), Hammerson (HMSNF), Urstadt Biddle Properties (UBA), Granite Point Mortgage Trust (GPMT), City Office REIT (CIO), Jernigan Capital (JCAP), New Senior Investment Group (SNR), One Liberty Properties (OLP), Preferred Apartment Communities (APTS), Urstadt Biddle Properties (UBP), Dynex Capital (DX), CorePoint Lodging (CPLG) and Gladstone Land (LAND). View all competitors. What other stocks do shareholders of Ellington Residential Mortgage REIT own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ellington Residential Mortgage REIT investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Cornerstone Strategic Value Fund (CLM), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), Arlington Asset Investment (AI), Martin Midstream Partners (MMLP), NGL Energy Partners (NGL) and AGNC Investment (AGNC). Who are Ellington Residential Mortgage REIT's key executives? Ellington Residential Mortgage REIT's management team includes the following 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) 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." Who are Ellington Residential Mortgage REIT's major shareholders? Ellington Residential Mortgage REIT's stock is owned by many different institutional and retail investors. Top institutional investors include WINTON GROUP Ltd (1.25%), Emerald Mutual Fund Advisers Trust (0.58%), Janney Montgomery Scott LLC (0.30%), Mackay Shields LLC (0.14%), First Trust Advisors LP (0.13%) and New York State Common Retirement Fund (0.08%). View institutional ownership trends for Ellington Residential Mortgage REIT. Which major investors are buying Ellington Residential Mortgage REIT stock? EARN stock was purchased by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Emerald Mutual Fund Advisers Trust, Janney Montgomery Scott LLC, Mackay Shields LLC, New York State Common Retirement Fund, Baldwin Brothers Inc. MA, Nisa Investment Advisors LLC, and First Trust Advisors LP. View insider buying and selling activity for Ellington Residential Mortgage REIT. 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 $10.97. How big of a company is Ellington Residential Mortgage REIT? Ellington Residential Mortgage REIT has a market capitalization of $135.15 million and generates $8.57 million in revenue each year. What is Ellington Residential Mortgage REIT's official website? The official website for Ellington Residential Mortgage REIT is 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] This page was last updated on 8/11/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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