6.76

0.60% +0.04

Ellington Residential Mortgage REIT (EARN)

Overview News Price History Option Chain Discussions Forecast Dividend History

Ellington Residential Mortgage REIT stock is currently priced at $6.76, with a 24-hour trading volume of 323.08K. It has seen a +0.60% increased in the last 24 hours and a +0.00% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $6.70 pivot point. If it approaches the $6.79 resistance level, significant changes may occur.

Previous Close:

$6.72

Open:

$6.75

24h Volume:

323.08K

Market Cap:

$133.98M

Revenue:

$10.09M

Net Income/Loss:

$4.56M

P/E Ratio:

67.60

EPS:

0.1

Net Cash Flow:

$-10.02M

1W Performance:

+0.60%

1M Performance:

+0.00%

6M Performance:

+27.79%

1Y Performance:

-7.90%

1D Range:

$6.715

$6.79

52W Range:

$5.09

$7.64

Ellington Residential Mortgage REIT Stock (EARN) Company Profile

Name

Ellington Residential Mortgage REIT

Sector

Real Estate (265)

Industry

REIT - Mortgage (27)

Phone

203-698-1200

Address

53 Forest Avenue, Old Greenwich, CT

Employee

Twitter

Next Earnings Date

2024-04-29

Latest SEC Filings

EARN's Discussions on Twitter

Ellington Residential Mortgage REIT Stock (EARN) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Apr-01-22	Downgrade	JMP Securities	Mkt Outperform → Mkt Perform
Nov-08-21	Downgrade	BTIG Research	Buy → Neutral
Oct-12-21	Initiated	Piper Sandler	Overweight
Jul-29-19	Upgrade	JMP Securities	Mkt Perform → Mkt Outperform
Aug-06-15	Reiterated	Deutsche Bank	Hold
Feb-05-15	Initiated	MLV & Co	Buy

View All

Ellington Residential Mortgage REIT Stock (EARN) Latest News

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Ellington Residential Mortgage REIT Stock (EARN) Financials Data

Ellington Residential Mortgage REIT (EARN) Revenue 2024

EARN reported a revenue (TTM) of $10.09 million for the quarter ending December 31, 2023, a +140.26% rise year-over-year.

Ellington Residential Mortgage REIT (EARN) Net Income 2024

EARN net income (TTM) was $4.56 million for the quarter ending December 31, 2023, a +115.10% increase year-over-year.

Ellington Residential Mortgage REIT (EARN) Cash Flow 2024

EARN recorded a free cash flow (TTM) of -$10.02 million for the quarter ending December 31, 2023, a -144.71% decrease year-over-year.

Ellington Residential Mortgage REIT (EARN) Earnings per Share 2024

EARN earnings per share (TTM) was $0.37 for the quarter ending December 31, 2023, a +116.02% growth year-over-year.

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 tax on that portion of its net income that is distributed to shareholders. Ellington Residential Mortgage REIT was founded in 2012 and is based in Old Greenwich, Connecticut.