Ellington Residential Mortgage REIT (EARN)
Market Cap | 133.19M |
Revenue (ttm) | -2.71M |
Net Income (ttm) | 4.56M |
Shares Out | 19.82M |
EPS (ttm) | 0.31 |
PE Ratio | 21.68 |
Forward PE | 6.13 |
Dividend | $0.96 (14.29%) |
Ex-Dividend Date | Apr 29, 2024 |
Volume | 159,822 |
Open | 6.70 |
Previous Close | 6.73 |
Day's Range | 6.64 - 6.73 |
52-Week Range | 5.09 - 7.64 |
Beta | 1.90 |
Analysts | Hold |
Price Target | 6.00 (-10.71%) |
Earnings Date | May 9, 2024 |
About 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 ... [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 -10.71% from the latest price.
News
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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.
Ellington Residential Mortgage REIT Reports Third Quarter 2022 Results
OLD GREENWICH, Conn.
Ellington Residential Mortgage REIT Announces Release Date of Third Quarter 2022 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.
Ellington Residential Mortgage REIT Reports Second Quarter 2022 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Reports Second Quarter 2022 Results
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
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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-...
Ellington Residential Mortgage REIT Reports First Quarter 2022 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Reports First Quarter 2022 Results