Ellington Residential Mortgage REIT (EARN)
Market Cap | 137.52M |
Revenue (ttm) | -2.06M |
Net Income (ttm) | 6.18M |
Shares Out | 20.13M |
EPS (ttm) | 0.40 |
PE Ratio | 17.08 |
Forward PE | 6.27 |
Dividend | $0.96 (14.06%) |
Ex-Dividend Date | Jun 28, 2024 |
Volume | 322,179 |
Open | 6.83 |
Previous Close | 6.83 |
Day's Range | 6.82 - 6.93 |
52-Week Range | 5.09 - 7.64 |
Beta | 1.90 |
Analysts | Hold |
Price Target | 6.00 (-12.15%) |
Earnings Date | Aug 8, 2024 |
About EARN
Ellington Credit Company, 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 ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for EARN stock is "Hold." The 12-month stock price forecast is $6.0, which is a decrease of -12.15% from the latest price.
News
![](https://cdn.snapi.dev/images/v1/d/2/press8-2472195.jpg)
Ellington Credit Declares Monthly Common Dividend
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payab...
![](https://cdn.snapi.dev/images/v1/r/c/press9-2430793.jpg)
Ellington Credit Company Reports First Quarter 2024 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company, formerly known as Ellington Residential Mortgage REIT (NYSE: EARN) ("we", "us," or "our"), today reported financial results for the qua...
![](https://cdn.snapi.dev/images/v1/w/m/conf20-2404364.jpg)
Ellington Credit Company Announces Release Date of First Quarter 2024 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended March 31, 2024 after market cl...
![](https://cdn.snapi.dev/images/v1/x/a/press12-2386820.jpg)
Ellington 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-Corp
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (“Ellington Credit” or the “Company”) (NYSE: EARN) announced today that it has adopted a shareholder rights plan designed to protect sha...
![](https://cdn.snapi.dev/images/v1/i/x/press16-2380438.jpg)
Ellington Residential Rebrands as Ellington Credit Company
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company" or "EARN") today announced that it has rebranded as Ellington Credit Company as part of its strat...
![](https://cdn.snapi.dev/images/v1/8/7/press11-2362039.jpg)
Ellington Residential Declares Monthly Common Dividend
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable ...
![](https://cdn.snapi.dev/images/v1/t/g/press6-2350673.jpg)
Ellington Residential Announces Strategic Transformation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the “Company”) today announced that its Board of Trustees has unanimously approved a strategic transformation o...
![](https://cdn.snapi.dev/images/v1/c/s/press14-2311980.jpg)
Ellington Residential Mortgage REIT Reports Fourth Quarter 2023 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) ("we", "us," or "our") today reported financial results for the quarter ended December 31, 2023. Highlights Net ...
![](https://cdn.snapi.dev/images/v1/t/q/conf17-2280314.jpg)
Ellington Residential Mortgage REIT Announces Release Date of Fourth Quarter 2023 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended December 31, 2023 a...
![](https://cdn.snapi.dev/images/v1/i/w/press6-2255571.jpg)
Ellington Residential Mortgage REIT Announces the Income Tax Treatment of its 2023 Distributions
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that information regarding the federal income tax treatment of the distributions...
![](https://cdn.snapi.dev/images/v1/d/g/press1-2154070.jpg)
Ellington Residential Mortgage REIT Reports Third Quarter 2023 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) ("we", "us," or "our") today reported financial results for the quarter ended September 30, 2023. Highlights Net...
![](https://cdn.snapi.dev/images/v1/g/b/conf2-2129046.jpg)
Ellington Residential Mortgage REIT Announces Release Date of Third Quarter 2023 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended September 30, 2023 ...
![](https://cdn.snapi.dev/images/v1/w/z/press20-2018535.jpg)
Ellington Residential Mortgage REIT Reports Second Quarter 2023 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today reported financial results for the quarter ended June 30, 2023. Highlights Net income (los...
![](https://cdn.snapi.dev/images/v1/9/q/conf10-1985184.jpg)
Ellington Residential Mortgage REIT Announces Release Date of Second Quarter 2023 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended June 30, 2023 after...
![](https://cdn.snapi.dev/images/v1/6/v/press19-1886392.jpg)
Ellington Residential Mortgage REIT Reports First Quarter 2023 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today reported financial results for the quarter ended March 31, 2023. Highlights Net income (lo...
![](https://cdn.snapi.dev/images/v1/3/w/conf20-1864252.jpg)
Ellington Residential Mortgage REIT Announces Release Date of First Quarter 2023 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended March 31, 2023 afte...
![](https://cdn.snapi.dev/images/v1/t/y/press8-1851072.jpg)
Ellington Residential Announces Estimated Book Value Per Share as of March 31, 2023
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced its estimated book value per share of $8.31 as of March 31, 2023. This estimate ...
![](https://cdn.snapi.dev/images/v1/w/r/press11-1786684.jpg)
Ellington Residential Announces Estimated Book Value Per Share as of February 28, 2023
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced its estimated book value per share of $8.56 as of February 28, 2023, which refle...
![](https://cdn.snapi.dev/images/v1/k/9/press17-1784488.jpg)
Ellington Residential Mortgage REIT Reports Fourth Quarter 2022 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today reported financial results for the quarter ended December 31, 2022. Highlights Net income ...
![](https://cdn.snapi.dev/images/v1/c/o/conf14-1748063.jpg)
Ellington Residential Mortgage REIT Announces Release Date of Fourth Quarter 2022 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended December 31, 2022 a...
![](https://cdn.snapi.dev/images/v1/0/6/press15-1732145.jpg)
Ellington Residential Mortgage REIT Announces the Income Tax Treatment of its 2022 Distributions
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that information regarding the federal income tax treatment of the distributio...
![](https://cdn.snapi.dev/images/v1/r/i/press6-1710150.jpg)
Ellington Residential Announces Estimated Book Value Per Share as of December 31, 2022
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced its estimated book value per share of $8.40 as of December 31, 2022.
![](https://cdn.snapi.dev/images/v1/r/o/press12-1628758.jpg)
Ellington Residential Mortgage REIT Reports Third Quarter 2022 Results
OLD GREENWICH, Conn.
![](https://cdn.snapi.dev/images/v1/n/e/conf11-1598800.jpg)
Ellington Residential Mortgage REIT Announces Release Date of Third Quarter 2022 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.
![](https://cdn.snapi.dev/images/v1/d/j/press11-1499148.jpg)
Ellington Residential Mortgage REIT Reports Second Quarter 2022 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Reports Second Quarter 2022 Results