NYSE:EARN Ellington Residential Mortgage REIT (EARN) Stock Price, News & Analysis → [Webinar] A Deep Dive into Options Volatility: Skew & Relative Value (From OIC) (Ad) Free EARN Stock Alerts $7.08 +0.05 (+0.71%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$7.03▼$7.1350-Day Range$5.94▼$7.1452-Week Range$5.09▼$7.64Volume150,688 shsAverage Volume205,756 shsMarket Capitalization$140.33 millionP/E Ratio27.23Dividend Yield13.56%Price Target$6.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Ellington Residential Mortgage REIT alerts: Email Address Ellington Residential Mortgage REIT MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside15.3% Downside$6.00 Price TargetShort InterestHealthy1.67% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.45Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth2.00%From $1.00 to $1.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.12 out of 5 starsFinance Sector774th out of 881 stocksReal Estate Investment Trusts Industry162nd out of 181 stocks 1.0 Analyst's Opinion Consensus RatingEllington Residential Mortgage REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEllington Residential Mortgage REIT has only been the subject of 1 research reports in the past 90 days.Read more about Ellington Residential Mortgage REIT's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.67% 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 1.3, 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 increased by 59.90%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Residential Mortgage REIT is a leading dividend payer. It pays a dividend yield of 13.66%, 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 CoverageThe dividend payout ratio of Ellington Residential Mortgage REIT is 369.24%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Ellington Residential Mortgage REIT will have a dividend payout ratio of 94.12% in the coming year. This indicates that Ellington Residential Mortgage REIT may not be able to sustain their current dividend.Read more about Ellington Residential Mortgage REIT's 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 2.5 News and Social Media Coverage News SentimentEllington Residential Mortgage REIT has a news sentiment score of 0.45. 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 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Ellington Residential Mortgage REIT this week, compared to 2 articles on an average week.Search InterestOnly 9 people have searched for EARN on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat Follows10 people have added Ellington Residential Mortgage REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 400% 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 20.40% of the stock of Ellington Residential Mortgage REIT is held by institutions.Read more about Ellington Residential Mortgage REIT's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ellington Residential Mortgage REIT are expected to grow by 2.00% in the coming year, from $1.00 to $1.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Residential Mortgage REIT is 27.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Residential Mortgage REIT is 27.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 51.14.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.Read more about Ellington Residential Mortgage REIT's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad OIC[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueJoin us for an exploration of essential volatility concepts in our "Volatility Fundamentals II: Skew & Relative Value" session. OIC® instructor Ken Keating will guide you through important topics that options investors should understand. Click here to register now (5/15 Webinar) About Ellington Residential Mortgage REIT Stock (NYSE:EARN)Ellington Residential Mortgage REIT, a real estate investment trust, acquires, invests in, and manages 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, such as 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 incorporated in 2012 and is based in Old Greenwich, Connecticut.Read More EARN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EARN Stock News HeadlinesMay 9, 2024 | markets.businessinsider.comBuy Rating Affirmed for Ellington Financial Amid Positive Earnings and Dividend OutlookMay 7, 2024 | businesswire.comEllington Credit Declares Monthly Common DividendMay 12, 2024 | Crypto 101 Media (Ad)Shocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.May 1, 2024 | businesswire.comEllington Credit Company Announces Release Date of First Quarter 2024 Earnings, Conference Call, and Investor PresentationApril 27, 2024 | msn.comOpinion: What made Duke Ellington a true geniusApril 26, 2024 | wsj.comDuke Ellington at 125: A Singular Swinging MasterApril 23, 2024 | businesswire.comEllington Credit Adopts Tax Asset Preservation Plan Designed to Protect Shareholder Value by Preserving the Availability of Its Net Operating Losses While Operating as a C-CorpApril 19, 2024 | businesswire.comEllington Residential Rebrands as Ellington Credit CompanyMay 12, 2024 | Crypto 101 Media (Ad)Shocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.April 18, 2024 | msn.comIn a duel between Division I softball pitchers, Coventry defeats Ellington 1-0April 18, 2024 | nasdaq.comEllington Residential Mortgage REIT (EARN) Price Target Increased by 25.53% to 10.03April 17, 2024 | finance.yahoo.comSticky Inflation a Boon for These Top 3 REITsApril 8, 2024 | businesswire.comEllington Residential Declares Monthly Common DividendApril 8, 2024 | msn.comPlane misses part of runway at Ellington AirportApril 6, 2024 | bloomberg.comEllington Fund Mints 24% Return With Residential Mortgage BetMarch 23, 2024 | seekingalpha.comEllington Residential's 14% Yield Could Be Sustainable In 2024March 21, 2024 | seekingalpha.comEARN Ellington Residential Mortgage REITMarch 20, 2024 | msn.comPets saved from Ellington fireMarch 15, 2024 | msn.comEllington Retailer Sells Top Prize-Winning CT Lottery TicketMarch 8, 2024 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Ellington Residential Mortgage (EARN)March 8, 2024 | finance.yahoo.comEllington Residential Mortgage REIT (NYSE:EARN) Q4 2023 Earnings Call TranscriptMarch 8, 2024 | finance.yahoo.comQ4 2023 Ellington Residential Mortgage REIT Earnings CallMarch 7, 2024 | businesswire.comEllington Residential Declares Monthly Common DividendMarch 7, 2024 | gurufocus.comEllington Residential Mortgage REIT Reports Solid Q4 2023 ResultsMarch 6, 2024 | msn.comEllington Residential Mortgage REIT Q4 2023 Earnings PreviewMarch 6, 2024 | finance.yahoo.comEllington Residential Mortgage REIT Reports Fourth Quarter 2023 ResultsFebruary 29, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Real Estate Stocks: Ready Capital (RC), Service Properties (SVC) and Ellington Financial (EFC)See More Headlines 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 Company Calendar Last Earnings11/13/2023Ex-Dividend for 5/28 Dividend4/29/2024Today5/11/2024Next Earnings (Confirmed)5/14/2024Dividend Payable5/28/2024Ex-Dividend for 6/25 Dividend5/30/2024Dividend Payable6/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:EARN CUSIPN/A CIK1560672 Webwww.earnreit.com Phone(203) 698-1200FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$6.00 High Stock Price Target$6.00 Low Stock Price Target$6.00 Potential Upside/Downside-15.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.26 Trailing P/E Ratio27.23 Forward P/E Ratio7.08 P/E GrowthN/ANet Income$4.56 million Net MarginsN/A Pretax Margin10.72% Return on Equity10.85% Return on Assets1.23% Debt Debt-to-Equity RatioN/A Current Ratio0.13 Quick Ratio0.13 Sales & Book Value Annual Sales$42.55 million Price / Sales3.30 Cash Flow$0.84 per share Price / Cash Flow8.41 Book Value$8.34 per share Price / Book0.85Miscellaneous Outstanding Shares19,820,000Free Float19,325,000Market Cap$140.33 million OptionableOptionable Beta1.86 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Laurence Eric Penn (Age 62)CEO, President & Trustee Mr. Christopher M. Smernoff (Age 46)Chief Financial Officer Comp: $93.61kMr. J. R. Herlihy (Age 42)Chief Operating Officer Comp: $124.97kMr. Michael William Vranos (Age 62)Co-Chief Investment Officer & Trustee Mr. Mark Ira Tecotzky (Age 62)Co-Chief Investment Officer Mr. Daniel Reuven Margolis (Age 51)General Counsel Mr. Vincent AmbricoControllerMr. Alaael-Deen ShillehAssociate General Counsel & SecretaryMore ExecutivesKey CompetitorsModiv IndustrialNYSE:MDVGreat AjaxNYSE:AJXLument Finance TrustNYSE:LFTACRES Commercial RealtyNYSE:ACRCherry Hill Mortgage InvestmentNYSE:CHMIView All CompetitorsInstitutional OwnershipInspire Advisors LLCBought 1,903 shares on 5/8/2024Ownership: 0.063%Quadrature Capital LtdBought 5,337 shares on 3/25/2024Ownership: 0.176%Virtu Financial LLCBought 35,390 shares on 2/26/2024Ownership: 0.217%View All Institutional Transactions EARN Stock Analysis - Frequently Asked Questions Should I buy or sell Ellington Residential Mortgage REIT stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ellington Residential Mortgage REIT in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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 target for 2024? 2 analysts have issued 12-month price targets for Ellington Residential Mortgage REIT's shares. Their EARN share price targets range from $6.00 to $6.00. On average, they predict the company's share price to reach $6.00 in the next twelve months. This suggests that the stock has a possible downside of 15.3%. View analysts price targets for EARN or view top-rated stocks among Wall Street analysts. How have EARN shares performed in 2024? Ellington Residential Mortgage REIT's stock was trading at $6.13 at the beginning of the year. Since then, EARN stock has increased by 15.5% and is now trading at $7.08. View the best growth stocks for 2024 here. Are investors shorting Ellington Residential Mortgage REIT? Ellington Residential Mortgage REIT saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 330,200 shares, an increase of 59.9% from the April 15th total of 206,500 shares. Based on an average trading volume of 246,800 shares, the short-interest ratio is currently 1.3 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 Tuesday, May 14th 2024. View our EARN earnings forecast. How can I listen to Ellington Residential Mortgage REIT's earnings call? Ellington Residential Mortgage REIT will be holding an earnings conference call on Wednesday, May 15th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-6991. How were Ellington Residential Mortgage REIT's earnings last quarter? Ellington Residential Mortgage REIT (NYSE:EARN) issued its quarterly earnings data on Monday, November, 13th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.04. The real estate investment trust had revenue of ($1.10) million for the quarter, compared to the consensus estimate of $1.90 million. During the same quarter last year, the business earned $0.23 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 announced a monthly dividend on Tuesday, May 7th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.08 per share on Tuesday, June 25th. This represents a $0.96 annualized dividend and a yield of 13.56%. The ex-dividend date is Thursday, May 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 13.66%. EARN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 369.24%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EARN will have a dividend payout ratio of 94.12% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for EARN. What ETF holds Ellington Residential Mortgage REIT's stock? Hoya Capital High Dividend Yield ETF holds 115,992 shares of EARN stock, representing 1.26% of its portfolio. 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). 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 investors include Inspire Advisors LLC (0.06%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:EARN) was last updated on 5/12/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss RatingsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaShocking: One AI startup's revenue could surge 4,735%Manward Press[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueOICMissed NVDA? Buy this AI stock NOWChaikin AnalyticsYou need to know these two things about AI stocks ASAP…InvestorPlaceForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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