Ellington Residential Mortgage REIT (EARN)
NYSE: EARN · IEX Real-Time Price · USD
7.01
-0.05 (-0.71%)
Jul 19, 2024, 4:00 PM EDT - Market closed
EARN Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for EARN stock has a target of 6.00, which predicts a decrease of -14.41% from the current stock price of 7.01.
Analyst Consensus: Hold
* Price targets were last updated on Dec 6, 2023.
Analyst Ratings
The average analyst rating for EARN stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 19, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 18, 2024 |
| UBS | UBS | Hold Initiates $6 | Hold | Initiates | $6 | -14.41% | Dec 6, 2023 |
| JonesTrading | JonesTrading | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Dec 19, 2022 |
| Piper Sandler | Piper Sandler | Buy Maintains $9.5 → $8 | Buy | Maintains | $9.5 → $8 | +14.12% | Oct 3, 2022 |
Financial Forecast
Revenue This Year
13.51M
from -2.71M
Revenue Next Year
20.23M
from 13.51M
Increased by 49.73%
EPS This Year
1.08
from 0.31
Increased by 247.68%
EPS Next Year
1.14
from 1.08
Increased by 5.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.0M | 29.8M | 30.4M |
| Avg | 13.5M | 20.2M | 29.5M |
| Low | 5.5M | 11.1M | 28.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 120.4% | 50.2% |
| Avg | - | 49.7% | 45.9% |
| Low | - | -18.0% | 40.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.21 | 1.26 | 1.32 |
| Avg | 1.08 | 1.14 | 1.29 |
| Low | 0.98 | 1.04 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 289.5% | 16.9% | 16.5% |
| Avg | 247.7% | 5.4% | 13.2% |
| Low | 216.1% | -3.6% | 8.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.