Ellington Residential Mortgage REIT (EARN)

NYSE: EARN · IEX Real-Time Price · USD
6.17
+0.08 (1.31%)
Sep 30, 2022 4:00 PM EDT - Market closed
1.31%
Market Cap 80.70M
Revenue (ttm) 23.22M
Net Income (ttm) -30.11M
Shares Out 13.08M
EPS (ttm) -1.86
PE Ratio n/a
Forward PE 6.80
Dividend $1.10 (17.83%)
Ex-Dividend Date Sep 29, 2022
Volume 173,431
Open 6.04
Previous Close 6.09
Day's Range 6.00 - 6.33
52-Week Range 5.90 - 12.44
Beta 1.72
Analysts Buy
Price Target 12.24 (+98.4%)
Earnings Date Oct 31, 2022

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... [Read more...]

Industry Mortgage Real Estate Investment Trusts (REITs)
IPO Date May 1, 2013
CEO Laurence Penn
Country United States
Stock Exchange NYSE
Ticker Symbol EARN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for EARN stock is "Buy." The 12-month stock price forecast is 12.24, which is an increase of 98.38% from the latest price.

Price Target
$12.24
(98.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ellington Residential Declares Monthly Common Dividend

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

3 weeks ago - Business Wire

Ellington Residential (EARN) Q2 Earnings Lag Estimates

Ellington Residential (EARN) delivered earnings and revenue surprises of -6.67% and 23.74%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Ellington Residential Mortgage REIT Reports Second Quarter 2022 Results

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

1 month ago - Business Wire

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

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

2 months 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-di...

Other symbols: AGNCARREFCORC
3 months ago - Forbes

Ellington Residential (EARN) Matches Q1 Earnings Estimates

Ellington Residential (EARN) delivered earnings and revenue surprises of 0% and 6.20%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Ellington Residential Mortgage REIT Reports First Quarter 2022 Results

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

4 months ago - Business Wire

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

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

5 months ago - Business Wire

Ellington Residential (EARN) Lags Q4 Earnings and Revenue Estimates

Ellington Residential (EARN) delivered earnings and revenue surprises of -12.50% and 6.31%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Ellington Residential Mortgage REIT Reports Fourth Quarter 2021 Results

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

6 months ago - Business Wire

Earnings Preview: Ellington Residential (EARN) Q4 Earnings Expected to Decline

Ellington Residential (EARN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

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

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

7 months 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

8 months ago - Business Wire

Ellington Residential Declares Monthly Dividend

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Declares Monthly Dividend

9 months 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

11 months 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

11 months ago - Business Wire

Ellington Residential Mortgage REIT Announces Common Dividend

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

1 year 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...

1 year 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

1 year 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.

1 year 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

1 year 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

1 year 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

1 year 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

1 year 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

1 year ago - Business Wire