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 announced a quarterly dividend on Thursday, September 13th. Shareholders of record on Friday, September 28th will be given a dividend of $0.37 per share on Thursday, October 25th. This represents a $1.48 annualized dividend and a yield of 12.48%. The ex-dividend date is Thursday, September 27th. View Ellington Residential Mortgage REIT's Dividend History.

Ellington Residential Mortgage REIT declared that its Board of Directors has initiated a share repurchase plan on Friday, February 9th 2018, which authorizes the company to repurchase 1,200,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

Ellington Residential Mortgage REIT (NYSE:EARN) announced its earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.36 earnings per share for the quarter, meeting the consensus estimate of $0.36. The real estate investment trust had revenue of $6.41 million for the quarter. Ellington Residential Mortgage REIT had a return on equity of 9.27% and a net margin of 14.42%. 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 Catchmark Timber Trust (CTT), UMH PROPERTIES/SH SH (UMH), CIM Commercial Trust (CMCT), Community Healthcare Trust (CHCT), Whitestone REIT (WSR), Sutherland Asset Management (SLD), One Liberty Properties (OLP), AG Mortgage Investment Trust (MITT), American Hotel Income Properties REIT (AHOTF), Spirit MTA REIT (SMTA), Western Asset Mortgage Capital (WMC), Anworth Mortgage Asset Corp Reit (ANH), New Senior Investment Group (SNR), Corenergy Infrastructure Trust (CORR) and City Office REIT (CIO).

Media stories about EARN stock have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ellington Residential Mortgage REIT earned a news impact score of 0.18 on Accern's scale. They also gave news headlines about the real estate investment trust an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. 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., Northern Trust Corp, Bank of New York Mellon Corp, 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 $11.86.

Ellington Residential Mortgage REIT has a market capitalization of $149.75 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]