Ellington Residential Mortgage REIT (EARN)
NYSE: EARN · IEX Real-Time Price · USD
6.69
-0.04 (-0.59%)
Apr 25, 2024, 10:32 AM EDT - Market open
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 -10.31% from the current stock price of 6.69.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 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 | -10.31% | 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 | +19.58% | Oct 3, 2022 |
Financial Forecast
Revenue This Year
11.12M
from -2.71M
Revenue Next Year
12.77M
from 11.12M
Increased by 14.89%
EPS This Year
1.10
from 0.31
Increased by 254.53%
EPS Next Year
1.10
from 1.10
Decreased by -0.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.4M | 18.5M | 30.4M |
| Avg | 11.1M | 12.8M | 29.5M |
| Low | 5.1M | 7.2M | 28.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 66.7% | 138.0% |
| Avg | - | 14.9% | 131.2% |
| Low | - | -34.8% | 122.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.25 | 1.31 | 1.28 |
| Avg | 1.10 | 1.10 | 1.24 |
| Low | 0.95 | 0.94 | 1.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 303.1% | 19.4% | 16.6% |
| Avg | 254.5% | -0.1% | 13.3% |
| Low | 206.6% | -14.4% | 8.9% |
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.