NYSE:EARN Ellington Residential Mortgage REIT (EARN) Stock Price, News & Analysis → The CHIPS Act Motherlode (From True Market Insiders) (Ad) Free EARN Stock Alerts $7.13 +0.04 (+0.56%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$7.08▼$7.1850-Day Range$6.27▼$7.1952-Week Range$5.09▼$7.64Volume164,262 shsAverage Volume215,515 shsMarket Capitalization$143.60 millionP/E Ratio24.59Dividend Yield13.46%Price Target$6.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Ellington Residential Mortgage REIT alerts: Email Address Ellington Residential Mortgage REIT MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside15.8% Downside$6.00 Price TargetShort InterestHealthy1.64% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.66Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth5.88%From $1.02 to $1.08 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.88 out of 5 starsFinance Sector751st out of 867 stocksReal Estate Investment Trusts Industry149th out of 178 stocks 1.0 Analyst's Opinion Consensus RatingEllington Residential Mortgage REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEllington Residential Mortgage REIT has only been the subject of 1 research reports in the past 90 days.Read more about Ellington Residential Mortgage REIT's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.64% of the outstanding shares of Ellington Residential Mortgage REIT have been sold short.Short Interest Ratio / Days to CoverEllington Residential Mortgage REIT has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ellington Residential Mortgage REIT has recently increased by 59.90%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Residential Mortgage REIT is a leading dividend payer. It pays a dividend yield of 13.46%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEllington Residential Mortgage REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ellington Residential Mortgage REIT is 331.05%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Ellington Residential Mortgage REIT will have a dividend payout ratio of 88.89% in the coming year. This indicates that Ellington Residential Mortgage REIT may not be able to sustain their current dividend.Read more about Ellington Residential Mortgage REIT's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EARN. Previous Next 2.6 News and Social Media Coverage News SentimentEllington Residential Mortgage REIT has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Ellington Residential Mortgage REIT this week, compared to 2 articles on an average week.Search InterestOnly 8 people have searched for EARN on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows10 people have added Ellington Residential Mortgage REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ellington Residential Mortgage REIT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.50% of the stock of Ellington Residential Mortgage REIT is held by insiders.Percentage Held by InstitutionsOnly 20.40% of the stock of Ellington Residential Mortgage REIT is held by institutions.Read more about Ellington Residential Mortgage REIT's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ellington Residential Mortgage REIT are expected to grow by 5.88% in the coming year, from $1.02 to $1.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Residential Mortgage REIT is 24.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Residential Mortgage REIT is 24.59, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 36.62.Price to Book Value per Share RatioEllington Residential Mortgage REIT has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Ellington Residential Mortgage REIT's valuation and earnings. 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Ellington Residential Mortgage REIT was incorporated in 2012 and is based in Old Greenwich, Connecticut.Read More EARN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EARN Stock News HeadlinesMay 16 at 3:21 PM | markets.businessinsider.comPiper Sandler Reaffirms Their Buy Rating on Ellington Residential Mortgage (EARN)May 14, 2024 | washingtonpost.comEllington Credit: Q1 Earnings SnapshotMay 14, 2024 | businesswire.comEllington Credit Company Reports First Quarter 2024 ResultsMay 14, 2024 | markets.businessinsider.comHere's what Wall Street expects from Ellington Residential Mortgage REIT's earningsMay 13, 2024 | msn.comEllington Credit Company Q1 2024 Earnings PreviewMay 12, 2024 | americanbankingnews.comEllington Residential Mortgage REIT (EARN) to Release Earnings on TuesdayMay 9, 2024 | markets.businessinsider.comBuy Rating Affirmed for Ellington Financial Amid Positive Earnings and Dividend OutlookMay 7, 2024 | businesswire.comEllington Credit Declares Monthly Common DividendMay 1, 2024 | businesswire.comEllington Credit Company Announces Release Date of First Quarter 2024 Earnings, Conference Call, and Investor PresentationApril 27, 2024 | msn.comOpinion: What made Duke Ellington a true geniusApril 26, 2024 | wsj.comDuke Ellington at 125: A Singular Swinging MasterApril 23, 2024 | businesswire.comEllington Credit Adopts Tax Asset Preservation Plan Designed to Protect Shareholder Value by Preserving the Availability of Its Net Operating Losses While Operating as a C-CorpApril 19, 2024 | businesswire.comEllington Residential Rebrands as Ellington Credit CompanyApril 18, 2024 | msn.comIn a duel between Division I softball pitchers, Coventry defeats Ellington 1-0April 18, 2024 | nasdaq.comEllington Residential Mortgage REIT (EARN) Price Target Increased by 25.53% to 10.03April 17, 2024 | finance.yahoo.comSticky Inflation a Boon for These Top 3 REITsApril 8, 2024 | businesswire.comEllington Residential Declares Monthly Common DividendApril 8, 2024 | msn.comPlane misses part of runway at Ellington AirportApril 6, 2024 | bloomberg.comEllington Fund Mints 24% Return With Residential Mortgage BetMarch 23, 2024 | seekingalpha.comEllington Residential's 14% Yield Could Be Sustainable In 2024March 21, 2024 | seekingalpha.comEARN Ellington Residential Mortgage REITMarch 20, 2024 | msn.comPets saved from Ellington fireMarch 15, 2024 | msn.comEllington Retailer Sells Top Prize-Winning CT Lottery TicketMarch 8, 2024 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Ellington Residential Mortgage (EARN)March 8, 2024 | finance.yahoo.comEllington Residential Mortgage REIT (NYSE:EARN) Q4 2023 Earnings Call TranscriptSee More Headlines Receive EARN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ellington Residential Mortgage REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/28 Dividend4/29/2024Last Earnings5/14/2024Today5/18/2024Dividend Payable5/28/2024Ex-Dividend for 6/25 Dividend5/30/2024Dividend Payable6/25/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:EARN CUSIPN/A CIK1560672 Webwww.earnreit.com Phone(203) 698-1200FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$6.00 High Stock Price Target$6.00 Low Stock Price Target$6.00 Potential Upside/Downside-15.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.29 Trailing P/E Ratio24.59 Forward P/E Ratio7.13 P/E GrowthN/ANet Income$4.56 million Net MarginsN/A Pretax Margin10.72% Return on Equity12.21% Return on Assets1.53% Debt Debt-to-Equity RatioN/A Current Ratio0.09 Quick Ratio0.13 Sales & Book Value Annual Sales$12.34 million Price / Sales11.63 Cash Flow$0.84 per share Price / Cash Flow8.48 Book Value$7.10 per share Price / Book1.00Miscellaneous Outstanding Shares20,135,000Free Float19,325,000Market Cap$143.56 million OptionableOptionable Beta1.86 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Laurence Eric Penn (Age 62)CEO, President & Trustee Mr. Christopher M. Smernoff (Age 46)Chief Financial Officer Comp: $93.61kMr. J. R. Herlihy (Age 42)Chief Operating Officer Comp: $124.97kMr. Michael William Vranos (Age 62)Co-Chief Investment Officer & Trustee Mr. Mark Ira Tecotzky (Age 62)Co-Chief Investment Officer Mr. Daniel Reuven Margolis (Age 51)General Counsel Mr. Vincent AmbricoControllerMr. Alaael-Deen ShillehAssociate General Counsel & SecretaryMore ExecutivesKey CompetitorsModiv IndustrialNYSE:MDVGreat AjaxNYSE:AJXLument Finance TrustNYSE:LFTGranite Point Mortgage TrustNYSE:GPMTCherry Hill Mortgage InvestmentNYSE:CHMIView All CompetitorsInstitutional OwnershipInspire Advisors LLCBought 1,903 shares on 5/8/2024Ownership: 0.063%Quadrature Capital LtdBought 5,337 shares on 3/25/2024Ownership: 0.176%Virtu Financial LLCBought 35,390 shares on 2/26/2024Ownership: 0.217%View All Institutional Transactions EARN Stock Analysis - Frequently Asked Questions Should I buy or sell Ellington Residential Mortgage REIT stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ellington Residential Mortgage REIT in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EARN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EARN, but not buy additional shares or sell existing shares. View EARN analyst ratings or view top-rated stocks. What is Ellington Residential Mortgage REIT's stock price target for 2024? 2 brokers have issued twelve-month price objectives for Ellington Residential Mortgage REIT's shares. Their EARN share price targets range from $6.00 to $6.00. On average, they predict the company's stock price to reach $6.00 in the next twelve months. This suggests that the stock has a possible downside of 15.8%. View analysts price targets for EARN or view top-rated stocks among Wall Street analysts. How have EARN shares performed in 2024? Ellington Residential Mortgage REIT's stock was trading at $6.13 at the beginning of 2024. Since then, EARN shares have increased by 16.3% and is now trading at $7.13. View the best growth stocks for 2024 here. Are investors shorting Ellington Residential Mortgage REIT? Ellington Residential Mortgage REIT saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 330,200 shares, an increase of 59.9% from the April 15th total of 206,500 shares. Based on an average daily volume of 246,800 shares, the short-interest ratio is currently 1.3 days. View Ellington Residential Mortgage REIT's Short Interest. When is Ellington Residential Mortgage REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our EARN earnings forecast. How were Ellington Residential Mortgage REIT's earnings last quarter? Ellington Residential Mortgage REIT (NYSE:EARN) announced its earnings results on Tuesday, May, 14th. The real estate investment trust reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. The real estate investment trust earned $0.28 million during the quarter, compared to the consensus estimate of $4.02 million. During the same quarter last year, the business earned $0.21 earnings per share. How often does Ellington Residential Mortgage REIT pay dividends? What is the dividend yield for Ellington Residential Mortgage REIT? Ellington Residential Mortgage REIT announced a monthly dividend on Tuesday, May 7th. Shareholders of record on Friday, May 31st will be given a dividend of $0.08 per share on Tuesday, June 25th. This represents a $0.96 annualized dividend and a dividend yield of 13.46%. The ex-dividend date is Thursday, May 30th. Read our dividend analysis for EARN. Is Ellington Residential Mortgage REIT a good dividend stock? Ellington Residential Mortgage REIT (NYSE:EARN) pays an annual dividend of $0.96 per share and currently has a dividend yield of 13.46%. EARN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 331.05%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EARN will have a dividend payout ratio of 88.89% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for EARN. What ETF holds Ellington Residential Mortgage REIT's stock? Hoya Capital High Dividend Yield ETF holds 115,992 shares of EARN stock, representing 1.26% of its portfolio. What other stocks do shareholders of Ellington Residential Mortgage REIT own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ellington Residential Mortgage REIT investors own include Energy Transfer (ET), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Cornerstone Strategic Value Fund (CLM), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), C3.ai (AI), Martin Midstream Partners (MMLP), NGL Energy Partners (NGL) and AGNC Investment (AGNC). Who are Ellington Residential Mortgage REIT's major shareholders? Ellington Residential Mortgage REIT's stock is owned by a variety of institutional and retail investors. Top institutional investors include Inspire Advisors LLC (0.06%). View institutional ownership trends. How do I buy shares of Ellington Residential Mortgage REIT? Shares of EARN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:EARN) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersBuy this small stock before coming AI Tidal WaveChaikin AnalyticsCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingShocking $16T Elon Musk Crypto LeakCrypto 101 MediaForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsDems have chosen Biden replacement?Paradigm PressHow Biden has already won 2024Porter & CompanyExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersA letter is coming from the "Bureau of the Fiscal Service".Stansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ellington Residential Mortgage REIT Please log in to your account or sign up in order to add this asset to your watchlist. 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