Ellington Residential Mortgage REIT (EARN)
| Market Cap | 149.60M |
| Revenue (ttm) | 17.36M |
| Net Income (ttm) | 20.11M |
| Shares Out | 12.33M |
| EPS (ttm) | 3.00 |
| PE Ratio | 4.04 |
| Forward PE | 9.66 |
| Dividend | $1.12 |
| Dividend Yield | 9.24% |
| Trading Day | May 7 |
| Last Price | $12.12 |
| Previous Close | $12.13 |
| Change ($) | -0.01 |
| Change (%) | -0.08% |
| Day's Open | 12.09 |
| Day's Range | 12.09 - 12.22 |
| Day's Volume | 38,536 |
| 52-Week Range | 7.62 - 12.81 |
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Reports First Quarter 2021 Results
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.
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of First Quarter 2021 Earnings, Conference Call, and Investor Presentation
OLD GREENWICH, Conn.--(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 DIVIDEND FOR THE FIRST QUARTER OF 2021
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...
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of Fourth Quarter 2020 Earnings, Conference Call, and Investor Presentation
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.
Ellington Residential Mortgage REIT's (EARN) CEO Larry Penn on Q3 2020 Results - Earnings Call Transcript
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...
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.
Ellington Residential Mortgage REIT (EARN) CEO Laurence Penn on Q2 2020 Results - Earnings Call Transcript
Ellington Residential Mortgage REIT (EARN) CEO Laurence Penn on Q1 2020 Results - Earnings Call Transcript
Ellington Residential Mortgage REIT (EARN) CEO Laurence Penn on Q4 2019 Results - Earnings Call Transcript
Ellington Residential Mortgage REIT (EARN) CEO Larry Penn on Q3 2019 Results - Earnings Call Transcript
Ellington Residential Mortgage REIT (EARN) CEO Larry Penn on Q2 2019 Results - Earnings Call Transcript
Ellington Residential Mortgage REIT (EARN) CEO Laurence Penn on Q1 2019 Results - Earnings Call Transcript
Although recovery in the agency MBS market is expected to aid Ellington Residential (EARN) in the first quarter, unfavorable spread differential will likely increase cost of funds.
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 REIT-Mortgage | IPO Date May 1, 2013 |
| CEO Laurence Penn | Country United States |
| Stock Exchange NYSE | Ticker Symbol EARN |
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%.
Analyst Forecasts
According to 3 analysts, the average rating for EARN stock is "Buy." The 12-month stock price forecast is 13.25, which is an increase of 9.32% from the latest price.