NYSE:EARN Ellington Residential Mortgage REIT - EARN Stock Forecast, Price & News Adding Choose a watchlist: 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. $8.00 +0.09 (+1.14%) (As of 02/2/2023 09:17 AM ET) Add Compare Share Share Today's Range$8.00▼$8.0050-Day Range$6.86▼$8.1052-Week Range$5.70▼$10.50Volume412 shsAverage Volume97,641 shsMarket Capitalization$104.64 millionP/E RatioN/ADividend Yield12.14%Price Target$8.83 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Ellington Residential Mortgage REIT MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside10.4% Upside$8.83 Price TargetShort InterestHealthy1.05% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.13Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth7.00%From $1.00 to $1.07 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.13 out of 5 starsFinance Sector513th out of 879 stocksReal Estate Investment Trusts Industry110th out of 190 stocks 2.2 Analyst's Opinion Consensus RatingEllington Residential Mortgage REIT has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.83, Ellington Residential Mortgage REIT has a forecasted upside of 10.4% from its current price of $8.00.Amount of Analyst CoverageEllington Residential Mortgage REIT has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.05% of the outstanding shares of Ellington Residential Mortgage REIT have been sold short.Short Interest Ratio / Days to CoverEllington Residential Mortgage REIT has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ellington Residential Mortgage REIT has recently decreased by 9.07%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Residential Mortgage REIT is a leading dividend payer. It pays a dividend yield of 12.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEllington Residential Mortgage REIT does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Ellington Residential Mortgage REIT will have a dividend payout ratio of 89.72% in the coming year. This indicates that Ellington Residential Mortgage REIT may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EARN. Previous Next 2.3 News and Social Media Coverage News SentimentEllington Residential Mortgage REIT has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Ellington Residential Mortgage REIT this week, compared to 2 articles on an average week.Search Interest37 people have searched for EARN on MarketBeat in the last 30 days. This is an increase of 363% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Ellington Residential Mortgage REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ellington Residential Mortgage REIT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.50% of the stock of Ellington Residential Mortgage REIT is held by insiders.Percentage Held by InstitutionsOnly 23.88% of the stock of Ellington Residential Mortgage REIT is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ellington Residential Mortgage REIT are expected to grow by 7.00% in the coming year, from $1.00 to $1.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Residential Mortgage REIT is -2.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Residential Mortgage REIT is -2.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEllington Residential Mortgage REIT has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ellington Residential Mortgage REIT (NYSE:EARN) StockEllington Residential Mortgage REIT is a real estate investment trust, which engages in the acquisition, investment, and management of residential mortgage and real estate-related assets. Its portfolio include non-agency and agency residential mortgage-backed securities and acquires other target assets, such as residential whole mortgage loans, commercial mortgage-backed securities, mortgage-related derivatives, and other asset-backed securities. The company was founded in August 2012 and is headquartered in Old Greenwich, CT.Read More Receive EARN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ellington Residential Mortgage REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address EARN Stock News HeadlinesFebruary 1, 2023 | americanbankingnews.comEllington Residential Mortgage REIT (NYSE:EARN) Short Interest UpdateJanuary 31, 2023 | finance.yahoo.comEllington Residential Mortgage REIT Announces the Income Tax Treatment of its 2022 DistributionsFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 31, 2023 | americanbankingnews.comEllington Residential Mortgage REIT (NYSE:EARN) & American Homes 4 Rent (NYSE:AMH) Financial ComparisonJanuary 26, 2023 | msn.comState police K9 locates car thief in EllingtonJanuary 25, 2023 | msn.comState police K9 helps locate a suspect in truck theft in EllingtonJanuary 25, 2023 | msn.comState police K9 finds stolen vehicle suspect in EllingtonJanuary 17, 2023 | finance.yahoo.comEllington Residential Announces Estimated Book Value Per Share as of December 31, 2022February 2, 2023 | Investing Trends (Ad)Solar Industry at Start of Long Bull Run?The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.January 14, 2023 | benzinga.comEllington Residential Stock (NYSE:EARN), Quotes and News SummaryJanuary 12, 2023 | marketwatch.com8-K: Ellington Residential Mortgage REITJanuary 9, 2023 | msn.comEllington Residential Mortgage REIT declares $0.08 dividendJanuary 9, 2023 | msn.comState Police ID Man Wanted for Arson After Fire at Ellington Masonic LodgeJanuary 9, 2023 | msn.comEllington fire at historic building being investigated for arsonJanuary 8, 2023 | msn.comState Police Attempt to ID Man Wanted for Arson After Fire at Ellington Masonic LodgeJanuary 8, 2023 | msn.comFire at historic Ellington building being investigated for arsonJanuary 3, 2023 | seekingalpha.comEllington Residential: Wait For A Drop Before Buying This 14% YieldJanuary 3, 2023 | msn.comHow Duke Ellington Got His NicknameDecember 27, 2022 | msn.comVandalism At Ellington Religious Building Under InvestigationDecember 21, 2022 | msn.comParents, students of Duke Ellington School protest 'DCPS's potential hostile takeover'December 21, 2022 | msn.comSILVER ALERT: Elderly man with dementia missing from EllingtonDecember 21, 2022 | msn.comDuke Ellington families fight against DCPS controlDecember 21, 2022 | msn.comEllington man reported missing has been found, state police sayDecember 19, 2022 | msn.comDuke Ellington teens resist DCPS, fear losing school ‘to bureaucracy’December 19, 2022 | msn.comEllington man with dementia reported missing, told family he was headed to PADecember 3, 2022 | finance.yahoo.comEdited Transcript of EARN.N earnings conference call or presentation 10-Nov-22 4:00pm GMTNovember 30, 2022 | msn.comFirst lady of France visits Duke Ellington School of the ArtsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive EARN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ellington Residential Mortgage REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address EARN Company Calendar Last Earnings5/02/2022Ex-Dividend for 1/25 Dividend12/29/2022Dividend Payable1/25/2023Ex-Dividend for 2/27 Dividend1/30/2023Today2/02/2023Dividend Payable2/27/2023Next Earnings (Estimated)3/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:EARN CUSIPN/A CIK1560672 Webwww.earnreit.com Phone(203) 698-1200FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$8.83 High Stock Price Forecast$11.00 Low Stock Price Forecast$7.50 Forecasted Upside/Downside+10.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($3.40) Trailing P/E RatioN/A Forward P/E Ratio8.00 P/E GrowthN/ANet Income$-6,310,000.00 Net Margins-189.96% Pretax Margin-189.96% Return on Equity11.19% Return on Assets1.05% Debt Debt-to-Equity RatioN/A Current Ratio0.13 Quick Ratio0.13 Sales & Book Value Annual Sales$25.64 million Price / Sales4.08 Cash Flow$1.84 per share Price / Cash Flow4.34 Book Value$11.92 per share Price / Book0.67Miscellaneous Outstanding Shares13,080,000Free Float12,752,000Market Cap$104.64 million OptionableNot Optionable Beta1.77 Key ExecutivesLaurence Eric PennPresident, Chief Executive Officer & TrusteeJ. R. HerlihyChief Operating Officer & TreasurerChristopher M. SmernoffChief Financial OfficerMichael William VranosTrustee & Co-Chief Investment OfficerMark Ira TecotzkyCo-Chief Investment OfficerKey CompetitorsLument Finance TrustNYSE:LFTClipper RealtyNYSE:CLPRModivNYSE:MDVCreative Media & Community Trust Co.NASDAQ:CMCTArlington Asset InvestmentNYSE:AAICView All CompetitorsInsiders & InstitutionsWolverine Asset Management LLCBought 20,791 shares on 2/1/2023Ownership: 0.574%BDO Wealth Advisors LLCSold 2,490 shares on 1/27/2023Ownership: 0.216%Claybrook Capital LLCSold 72,175 shares on 1/24/2023Ownership: 0.307%BlackRock Inc.Sold 2,273 shares on 11/15/2022Ownership: 1.714%Two Sigma Advisers LPBought 3,300 shares on 11/15/2022Ownership: 0.638%View All Institutional Transactions EARN Stock - Frequently Asked Questions Should I buy or sell Ellington Residential Mortgage REIT stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ellington Residential Mortgage REIT in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EARN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EARN, but not buy additional shares or sell existing shares. View EARN analyst ratings or view top-rated stocks. What is Ellington Residential Mortgage REIT's stock price forecast for 2023? 3 analysts have issued 1-year price targets for Ellington Residential Mortgage REIT's shares. Their EARN share price forecasts range from $7.50 to $11.00. On average, they predict the company's share price to reach $8.83 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price. View analysts price targets for EARN or view top-rated stocks among Wall Street analysts. How have EARN shares performed in 2023? Ellington Residential Mortgage REIT's stock was trading at $6.86 at the start of the year. Since then, EARN stock has increased by 16.6% and is now trading at $8.00. View the best growth stocks for 2023 here. 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 137,300 shares, a drop of 9.1% from the December 31st total of 151,000 shares. Based on an average daily trading volume, of 88,200 shares, the short-interest ratio is currently 1.6 days. View Ellington Residential Mortgage REIT's Short Interest. When is Ellington Residential Mortgage REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, March 6th 2023. View our EARN earnings forecast. How were Ellington Residential Mortgage REIT's earnings last quarter? Ellington Residential Mortgage REIT (NYSE:EARN) posted its quarterly earnings data on Monday, May, 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.01. Ellington Residential Mortgage REIT had a positive trailing twelve-month return on equity of 11.19% and a negative net margin of 189.96%. During the same period in the previous year, the company earned $0.31 earnings per share. 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 monthly dividend on Monday, January 9th. Investors of record on Tuesday, January 31st will be paid a dividend of $0.08 per share on Monday, February 27th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 12.00%. The ex-dividend date is Monday, January 30th. Read our dividend analysis for EARN. Is Ellington Residential Mortgage REIT a good dividend stock? Ellington Residential Mortgage REIT (NYSE:EARN) pays an annual dividend of $0.96 per share and currently has a dividend yield of 12.26%. EARN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for EARN. 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 (ET), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Cornerstone Strategic Value Fund (CLM), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), C3.ai (AI), Martin Midstream Partners (MMLP), NGL Energy Partners (NGL) and AGNC Investment (AGNC). 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 retail and institutional investors. Top institutional shareholders include Wolverine Asset Management LLC (0.57%), Claybrook Capital LLC (0.31%), BDO Wealth Advisors LLC (0.22%) and Concourse Financial Group Securities Inc. (0.00%). View institutional ownership trends. How do I buy shares of Ellington Residential Mortgage REIT? Shares of EARN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ellington Residential Mortgage REIT's stock price today? One share of EARN stock can currently be purchased for approximately $8.00. How much money does Ellington Residential Mortgage REIT make? Ellington Residential Mortgage REIT (NYSE:EARN) has a market capitalization of $104.64 million and generates $25.64 million in revenue each year. The real estate investment trust earns $-6,310,000.00 in net income (profit) each year or ($3.40) on an earnings per share basis. How can I contact Ellington Residential Mortgage REIT? Ellington Residential Mortgage REIT's mailing address is 53 Forest Avenue, Old Greenwich CT, 06870. The official website for the company is www.earnreit.com. The real estate investment trust can be reached via phone at (203) 698-1200 or via email at info@earnreit.com. This page (NYSE:EARN) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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