Skip to main content

Ellington Residential Mortgage REIT (EARN)

NYSE: EARN · IEX Real-Time Price · USD
11.39 -0.06 (-0.52%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap147.58M
Revenue (ttm)25.34M
Net Income (ttm)3.84M
Shares Out12.96M
EPS (ttm)0.31
PE Ratio37.10
Forward PE8.76
Dividend$1.36 (11.94%)
Ex-Dividend DateNov 29, 2021
Volume175,529
Open11.89
Previous Close11.45
Day's Range11.11 - 11.45
52-Week Range10.71 - 13.92
Beta1.92
AnalystsBuy
Price Target12.38 (+8.7%)
Earnings DateNov 2, 2021

About EARN

Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing 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 comprising 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...

IndustryMortgage Real Estate Investment Trusts (REITs)
IPO DateMay 1, 2013
CEOLaurence Penn
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolEARN
Full Company Profile

Financial Performance

In 2020, EARN's revenue was $17.36 million, an increase of 102.51% compared to the previous year's $8.57 million. Earnings were $20.11 million, a decrease of -9.63%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for EARN stock is "Buy." The 12-month stock price forecast is 12.38, which is an increase of 8.69% from the latest price.

Price Target
$12.38
(8.69% upside)
Analyst Consensus: Buy

News

Ellington Residential Declares Monthly Dividend

OLD GREENWICH, Conn.--(BUSINESS WIRE)--ELLINGTON RESIDENTIAL DECLARES MONTHLY DIVIDEND

3 weeks ago - Business Wire

Ellington Residential Mortgage REIT Announces Release Date of Third Quarter 2021 Earnings, Conference Call, and Inves...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of Third Quarter 2021 Earnings, Conference Call, and Investor Presentation

1 month ago - Business Wire

Ellington Residential Declares Inaugural Monthly Dividend of $0.10 Per Share

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Declares Inaugural Monthly Dividend of $0.10 Per Share

1 month ago - Business Wire

Ellington Residential Mortgage REIT Announces Common Dividend

OLD GREENWICH, Conn.--(BUSINESS WIRE)--ELLINGTON RESIDENTIAL MORTGAGE REIT ANNOUNCES COMMON DIVIDEND

2 months ago - Business Wire

Ellington Residential: Q2 Earnings Insights

Shares of Ellington Residential (NYSE:EARN) moved lower in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 42.31% year over year to $0.37, which bea...

3 months ago - Benzinga

Ellington Residential Mortgage REIT Reports Second Quarter 2021 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Reports Second Quarter 2021 Results

3 months ago - Business Wire

Earnings Outlook For Ellington Residential

Ellington Residential (NYSE:EARN) unveils its next round of earnings this Monday, August 02. Get prepared with Benzinga's ultimate preview for Ellington Residential's Q2 earnings.

3 months ago - Benzinga

Ellington Residential Mortgage REIT Announces Release Date of Second Quarter 2021 Earnings, Conference Call, and Inve...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of Second Quarter 2021 Earnings, Conference Call, and Investor Presentation

4 months ago - Business Wire

Ellington Residential Mortgage REIT Announces Pricing of Public Offering of Common Shares

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Pricing of Public Offering of Common Shares

5 months ago - Business Wire

Ellington Residential Mortgage REIT Announces Public Offering of Common Shares

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Public Offering of Common Shares

5 months ago - Business Wire

Ellington Residential Mortgage REIT Increases Common Dividend

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Dividend for the Second Quarter of 2021

5 months ago - Business Wire

Ellington Residential Mortgage REIT Reports First Quarter 2021 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Reports First Quarter 2021 Results

6 months ago - Business Wire

5 Mortgage REITs for a Yield-Starved Market

Mortgage REITs took their lumps in the COVID downturn, but any mREIT trading today is a survivor. Here are five high-yield options that are still on the battlefield.

Other symbols:AGNCMFANLYSTWD
7 months ago - Kiplinger

Ellington Residential Mortgage REIT Announces Release Date of First Quarter 2021 Earnings, Conference Call, and Inves...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of First Quarter 2021 Earnings, Conference Call, and Investor Presentation

7 months ago - Business Wire

Ellington Residential Mortgage REIT Announces Appointment of Mary McBride to Board of Trustees

OLD GREENWICH, Conn.--(BUSINESS WIRE)--ELLINGTON RESIDENTIAL MORTGAGE REIT ANNOUNCES APPOINTMENT OF MARY MCBRIDE TO BOARD OF TRUSTEES

7 months ago - Business Wire

Ellington Residential Mortgage REIT Announces Dividend for the First Quarter Of 2021

OLD GREENWICH, Conn.--(BUSINESS WIRE)--ELLINGTON RESIDENTIAL MORTGAGE REIT ANNOUNCES DIVIDEND FOR THE FIRST QUARTER OF 2021

8 months ago - Business Wire

Ellington Residential: Q4 Earnings Insights

Shares of Ellington Residential (NYSE:EARN) moved lower in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 47.83% over the past year to $0.34, wh...

9 months ago - Benzinga

Ellington Residential Mortgage REIT Announces Release Date of Fourth Quarter 2020 Earnings, Conference Call, and Inve...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of Fourth Quarter 2020 Earnings, Conference Call, and Investor Presentation

9 months ago - Business Wire

Ellington Residential: Back In Business

The stock has rebounded to pre-COVID levels. Book value continues to improve but the discount in shares is less than we would like to see for a buy.

1 year ago - Seeking Alpha

Ellington Residential Mortgage REIT's (EARN) CEO Larry Penn on Q3 2020 Results - Earnings Call Transcript

Ellington Residential Mortgage REIT's (EARN) CEO Larry Penn on Q3 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Ellington Residential Mortgage REIT Announces Release Date of Third Quarter 2020 Earnings, Conference Call, and Inves...

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, 2020 be...

1 year ago - Business Wire

5 Real Estate Companies Outperforming the Benchmark

According to the GuruFocus All-in-One Screener, a Premium feature, the stocks of the following guru-owned real estate companies have outperformed the S&P 500 Index over the past 12 months through Sept.

Other symbols:EQIXGMREHASI
1 year ago - GuruFocus

Ellington Residential Mortgage REIT (EARN) CEO Laurence Penn on Q2 2020 Results - Earnings Call Transcript

Ellington Residential Mortgage REIT (EARN) CEO Laurence Penn on Q2 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Ellington Residential Mortgage REIT (EARN) CEO Laurence Penn on Q1 2020 Results - Earnings Call Transcript

Ellington Residential Mortgage REIT (EARN) CEO Laurence Penn on Q1 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Ellington Residential Mortgage REIT (EARN) CEO Laurence Penn on Q4 2019 Results - Earnings Call Transcript

Ellington Residential Mortgage REIT (EARN) CEO Laurence Penn on Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha