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DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NYSE:EARN

Ellington Residential Mortgage REIT Stock Forecast, Price & News

$10.83
-0.16 (-1.46%)
(As of 01/14/2022 12:00 AM ET)
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Today's Range
$10.78
$10.96
50-Day Range
$10.14
$11.95
52-Week Range
$9.81
$13.92
Volume
180,888 shs
Average Volume
115,640 shs
Market Capitalization
$140.09 million
P/E Ratio
33.84
Dividend Yield
11.08%
Beta
1.84
30 days | 90 days | 365 days | Advanced Chart
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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

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Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
N/A
Year Founded
N/A

Sales & Book Value

Annual Sales
$17.35 million
Cash Flow
$2.42 per share
Book Value
$13.49 per share

Profitability

Net Income
$20.11 million
Pretax Margin
15.17%

Debt

Price-To-Earnings

Miscellaneous

Free Float
12,599,000
Market Cap
$140.09 million
Optionable
Not Optionable

Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 1/25 Dividend
12/29/2021
Today
1/17/2022
Dividend Payable
1/25/2022
Ex-Dividend for 2/25 Dividend
1/28/2022
Next Earnings (Estimated)
2/15/2022
Dividend Payable
2/25/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.78 out of 5 stars

Finance Sector

825th out of 1,329 stocks

Real Estate Investment Trusts Industry

181st out of 230 stocks

Analyst Opinion: 2.3Community Rank: 3.7Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -












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

Is Ellington Residential Mortgage REIT a buy right now?

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

How has Ellington Residential Mortgage REIT's stock been impacted by Coronavirus (COVID-19)?

Ellington Residential Mortgage REIT's stock was trading at $9.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, EARN stock has increased by 11.6% and is now trading at $10.83.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Ellington Residential Mortgage REIT?

Ellington Residential Mortgage REIT saw a decline in short interest in December. As of December 31st, there was short interest totaling 162,900 shares, a decline of 49.0% from the December 15th total of 319,400 shares. Based on an average trading volume of 225,700 shares, the short-interest ratio is presently 0.7 days. Currently, 1.4% of the shares of the stock are sold short.
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 Tuesday, February 15th 2022.
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) announced its earnings results on Tuesday, November, 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.34 by $0.03. Ellington Residential Mortgage REIT had a trailing twelve-month return on equity of 10.23% and a net margin of 15.17%. During the same period last year, the company earned $0.39 EPS.
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 monthly dividend on Friday, January 7th. Investors of record on Monday, January 31st will be paid a dividend of $0.10 per share on Friday, February 25th. This represents a $1.20 dividend on an annualized basis and a yield of 11.08%. The ex-dividend date of this dividend is Friday, January 28th.
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 11.08%. EARN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Ellington Residential Mortgage REIT has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Ellington Residential Mortgage REIT is 375.01%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Ellington Residential Mortgage REIT will have a dividend payout ratio of 90.91% in the coming year. This indicates that Ellington Residential Mortgage REIT may not be able to sustain their current dividend.
View Ellington Residential Mortgage REIT's dividend history.

What price target have analysts set for EARN?

2 analysts have issued 1 year price targets for Ellington Residential Mortgage REIT's shares. Their forecasts range from $12.00 to $12.50. On average, they anticipate Ellington Residential Mortgage REIT's share price to reach $12.25 in the next year. This suggests a possible upside of 13.1% 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

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."

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 $10.83.

How much money does Ellington Residential Mortgage REIT make?

Ellington Residential Mortgage REIT has a market capitalization of $140.09 million and generates $17.35 million in revenue each year. The real estate investment trust earns $20.11 million in net income (profit) each year or $0.32 on an earnings per share basis.

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 1/17/2022 by MarketBeat.com Staff

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