Ellington Residential Mortgage REIT (EARN)

NYSE: EARN · IEX Real-Time Price · USD
6.08
+0.06 (1.00%)
At close: Feb 23, 2024, 4:00 PM
6.06
-0.02 (-0.33%)
After-hours: Feb 23, 2024, 7:39 PM EST
1.00%
Market Cap 99.28M
Revenue (ttm) -634,000
Net Income (ttm) 3.80M
Shares Out 16.33M
EPS (ttm) 0.41
PE Ratio 14.83
Forward PE 6.26
Dividend $0.96 (15.79%)
Ex-Dividend Date Feb 28, 2024
Volume 178,071
Open 6.01
Previous Close 6.02
Day's Range 5.98 - 6.11
52-Week Range 5.09 - 7.96
Beta 1.89
Analysts Hold
Price Target 6.00 (-1.32%)
Earnings Date Mar 6, 2024

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. Ellington Residential Mortgage REIT was incorporated in ... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date May 1, 2013
Employees 150
Stock Exchange NYSE
Ticker Symbol EARN
Full Company Profile

Financial Performance

In 2022, EARN's revenue was $20.19 million, a decrease of -21.27% compared to the previous year's $25.64 million. Losses were -$30.20 million, 378.6% more than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for EARN stock is "Hold" and the 12-month stock price forecast is $6.0.

Price Target
$6.0
(-1.32% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

9 days ago - Business Wire

Ellington Residential Declares Monthly Common Dividend

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per s...

18 days ago - Business Wire

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...

24 days ago - Business Wire

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...

3 months ago - Business Wire

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 ...

4 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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 ...

10 months ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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.

1 year ago - Business Wire

Ellington Residential Mortgage REIT Reports Third Quarter 2022 Results

OLD GREENWICH, Conn.

1 year ago - Business Wire

Ellington Residential Mortgage REIT Reports Second Quarter 2022 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Reports Second Quarter 2022 Results

1 year ago - Business Wire

Ellington Residential Mortgage REIT Announces Release Date of Second Quarter 2022 Earnings, Conference Call, and Investor Presentation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of Second Quarter 2022 Earnings, Conference Call, and Investor Presentation

1 year ago - Business Wire

Monthly Dividend-Payers With Double-Digit Yields

For sophisticated income investors willing to accept high risk in exchange for high yield, Bob Ciura, a contributor to MoneyShow.com and editor at Sure Dividend, highlights 5 stocks that offer double-...

Other symbols: AGNCARREFCORC
1 year ago - Forbes

Ellington Residential Mortgage REIT Reports First Quarter 2022 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Reports First Quarter 2022 Results

1 year ago - Business Wire

Ellington Residential Mortgage REIT Announces Release Date of First Quarter 2022 Earnings, Conference Call, and Investor Presentation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of First Quarter 2022 Earnings, Conference Call, and Investor Presentation

2 years ago - Business Wire

Ellington Residential Mortgage REIT Reports Fourth Quarter 2021 Results

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

2 years ago - Business Wire

Ellington Residential Mortgage REIT Announces Release Date of Fourth Quarter 2021 Earnings, Conference Call, and Investor Presentation

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

2 years ago - Business Wire

Ellington Residential Mortgage REIT Announces the Income Tax Treatment of its 2021 Distributions

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces the Income Tax Treatment of its 2021 Distributions

2 years ago - Business Wire