NYSE:EARN

Ellington Residential Mortgage REIT Stock Forecast, Price & News

$11.64
+0.06 (+0.52 %)
(As of 09/22/2021 12:00 AM ET)
Add
Compare
Today's Range
$11.58
$11.75
50-Day Range
$10.94
$11.64
52-Week Range
$10.56
$13.92
Volume118,743 shs
Average Volume142,830 shs
Market Capitalization$150.38 million
P/E Ratio12.79
Dividend Yield10.36%
Beta1.9
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 Ellington Residential Mortgage REIT and its competitors with MarketBeat's FREE daily newsletter.


Ellington Residential Mortgage REIT logo

About Ellington Residential Mortgage REIT

Ellington Residential Mortgage REIT operates as a real estate investment trust, which engages in the acquisition, investment, and management of residential mortgage and real estate-related assets. It manages a portfolio, which consists of 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.95 out of 5 stars

Finance Sector

689th out of 1,332 stocks

Real Estate Investment Trusts Industry

164th out of 219 stocks

Analyst Opinion: 2.5Community Rank: 3.7Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











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

Is Ellington Residential Mortgage REIT a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ellington Residential Mortgage REIT in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Ellington Residential Mortgage REIT stock.
View analyst ratings for Ellington Residential Mortgage REIT
or view top-rated stocks.

What stocks does MarketBeat like better than Ellington Residential Mortgage REIT?

Wall Street analysts have given Ellington Residential Mortgage REIT a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ellington Residential Mortgage REIT wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Ellington Residential Mortgage REIT?

Ellington Residential Mortgage REIT saw a drop in short interest during the month of August. As of August 13th, there was short interest totaling 145,400 shares, a drop of 20.7% from the July 29th total of 183,400 shares. Based on an average daily volume of 255,100 shares, the days-to-cover ratio is presently 0.6 days. Approximately 1.2% of the company's stock are short sold.
View Ellington Residential Mortgage REIT's Short Interest
.

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

Ellington Residential Mortgage REIT is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
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 earnings results on Sunday, August, 1st. The real estate investment trust reported $0.37 EPS for the quarter, topping the consensus estimate of $0.32 by $0.05. Ellington Residential Mortgage REIT had a trailing twelve-month return on equity of 10.64% and a net margin of 40.54%.
View Ellington Residential Mortgage REIT's earnings history
.

How has Ellington Residential Mortgage REIT's stock been impacted by 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 stock has increased by 20.0% and is now trading at $11.64.
View which stocks have been most impacted by COVID-19
.

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 Monday, September 13th. Investors of record on Thursday, September 30th will be paid a dividend of $0.30 per share on Monday, October 25th. This represents a $1.20 annualized dividend and a dividend yield of 10.31%. The ex-dividend date of this dividend is Wednesday, September 29th.
View Ellington Residential Mortgage REIT's dividend history
.

Is Ellington Residential Mortgage REIT a good dividend stock?

Ellington Residential Mortgage REIT pays an annual dividend of $1.20 per share and currently has a dividend yield of 10.36%. EARN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Ellington Residential Mortgage REIT's dividend history.

What price target have analysts set for EARN?

1 Wall Street analysts have issued 1-year price targets for Ellington Residential Mortgage REIT's stock. Their forecasts range from $13.25 to $13.25. On average, they anticipate Ellington Residential Mortgage REIT's share price to reach $13.25 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price.
View analysts' price targets for Ellington Residential Mortgage REIT
or view top-rated stocks among Wall Street analysts.

Who are Ellington Residential Mortgage REIT's key executives?

Ellington Residential Mortgage REIT's management team includes the following people:
  • Laurence Eric Penn, President, Chief Executive Officer & Trustee
  • J. R. Herlihy, Chief Operating Officer & Treasurer
  • Christopher M. Smernoff, Chief Financial Officer
  • Michael William Vranos, Trustee & Co-Chief Investment Officer
  • Mark Ira Tecotzky, Co-Chief Investment Officer

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

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

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 a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (5.36%), Blackstone Inc (4.87%), Blackstone Inc (4.87%), Vanguard Group Inc. (4.76%), BlackRock Inc. (3.24%) and FMR LLC (2.98%).
View institutional ownership trends for Ellington Residential Mortgage REIT
.

Which major investors are selling Ellington Residential Mortgage REIT stock?

EARN stock was sold by a variety of institutional investors in the last quarter, including Blackstone Inc, Blackstone Inc, BlackRock Inc., Wells Fargo & Company MN, State Street Corp, Renaissance Technologies LLC, FMR LLC, and Northern Trust Corp.
View insider buying and selling activity for Ellington Residential Mortgage REIT
or view top insider-selling stocks.

Which major investors are buying Ellington Residential Mortgage REIT stock?

EARN stock was acquired by a variety of institutional investors in the last quarter, including Monashee Investment Management LLC, Tudor Investment Corp Et Al, Millennium Management LLC, Marshall Wace LLP, Marshall Wace LLP, Vanguard Group Inc., Magnetar Financial LLC, and Morgan Stanley.
View insider buying and selling activity for Ellington Residential Mortgage REIT
or or view top insider-buying stocks.

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 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 $11.64.

How much money does Ellington Residential Mortgage REIT make?

Ellington Residential Mortgage REIT has a market capitalization of $150.38 million and generates $17.35 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.

Where are Ellington Residential Mortgage REIT's headquarters?

Ellington Residential Mortgage REIT is headquartered at 53 Forest Avenue, Old Greenwich CT, 06870.

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 9/22/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.