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EARN

EARN - Ellington Residential Mortgage REIT Stock Price, Fair Value and News

7.13USD+0.04 (+0.56%)Market Closed

Market Summary

EARN
USD7.13+0.04
Market Closed
0.56%

EARN Stock Price

View Fullscreen

EARN RSI Chart

EARN Valuation

Market Cap

143.6M

Price/Earnings (Trailing)

23.22

Price/Sales (Trailing)

3.29

Price/Free Cashflow

-16.23

EARN Price/Sales (Trailing)

EARN Profitability

Return on Equity

4.33%

Return on Assets

0.64%

Free Cashflow Yield

-6.16%

EARN Fundamentals

EARN Revenue

Revenue (TTM)

43.6M

Rev. Growth (Yr)

11.15%

Rev. Growth (Qtr)

-12.69%

EARN Earnings

Earnings (TTM)

6.2M

Earnings Growth (Yr)

69.49%

Earnings Growth (Qtr)

-68.16%

Breaking Down EARN Revenue

Last 7 days

0.7%

Last 30 days

8.0%

Last 90 days

20.4%

Trailing 12 Months

-0.8%

How does EARN drawdown profile look like?

EARN Financial Health

EARN Investor Care

Dividend Yield

13.46%

Dividend/Share (TTM)

0.96

Shares Dilution (1Y)

45.58%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202443.6M000
202337.8M38.8M40.6M42.5M
202228.4M27.6M31.6M35.0M
202124.0M30.4M28.0M28.4M
202041.1M32.5M29.8M27.3M
201953.7M51.8M49.1M43.8M
201850.3M53.5M53.8M54.6M
201736.2M39.5M45.3M49.2M
201640.1M37.8M33.6M33.5M
201545.1M43.4M43.2M40.8M
201439.5M46.8M47.1M46.8M
20130016.1M27.9M
20120000
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Ellington Residential Mortgage REIT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 29, 2023
herlihy john
sold (taxes)
-15,699
6.31
-2,488
chief operating officer
Dec 29, 2023
smernoff chris
sold (taxes)
-7,635
6.31
-1,210
chief financial officer
Dec 14, 2023
herlihy john
acquired
-
-
10,040
chief operating officer
Dec 14, 2023
smernoff chris
acquired
-
-
4,433
chief financial officer
Sep 13, 2023
mcbride mary e
acquired
-
-
8,230
-
Sep 13, 2023
miller david
acquired
-
-
8,230
-
Sep 13, 2023
allardice robert b. iii
acquired
-
-
8,230
-
Sep 13, 2023
simon ronald i
acquired
-
-
8,230
-
Jan 04, 2023
smernoff chris
sold (taxes)
-7,217
7.16
-1,008
chief financial officer
Jan 04, 2023
herlihy john
sold (taxes)
-15,036
7.16
-2,100
chief operating officer

1–10 of 48

Which funds bought or sold EARN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
added
19.23
42,768
167,091
 -%
May 15, 2024
Royal Bank of Canada
added
1.18
20,000
171,000
 -%
May 15, 2024
D. E. Shaw & Co., Inc.
sold off
-100
-80,309
-
 -%
May 15, 2024
STATE STREET CORP
added
5.66
66,493
417,799
 -%
May 15, 2024
Tudor Investment Corp Et Al
sold off
-100
-393,430
-
 -%
May 15, 2024
MORGAN STANLEY
added
51.55
78,274
188,777
 -%
May 15, 2024
AMERIPRISE FINANCIAL INC
added
14.6
468,564
2,078,380
 -%
May 15, 2024
PRICE T ROWE ASSOCIATES INC /MD/
unchanged
-
39,000
347,000
 -%
May 15, 2024
Kestra Advisory Services, LLC
new
-
178,281
178,281
 -%
May 15, 2024
DEPRINCE RACE & ZOLLO INC
added
32.27
66,221
201,081
 -%

1–10 of 48

Are Funds Buying or Selling EARN?

Are funds buying EARN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own EARN
No. of Funds

Unveiling Ellington Residential Mortgage REIT's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
4.84%
789,914
SC 13G/A
Feb 09, 2023
vanguard group inc
6.15%
814,721
SC 13G
Jul 12, 2021
blackrock inc.
3.1%
400,319
SC 13G/A
Jun 21, 2021
blackstone holdings iii l.p.
4.9%
628,578
SC 13D/A
Feb 11, 2021
renaissance technologies llc
7.02%
865,500
SC 13G/A
Feb 10, 2021
vanguard group inc
3.91%
482,267
SC 13G/A
Feb 02, 2021
blackrock inc.
7.3%
904,028
SC 13G
Jun 16, 2020
blackstone holdings iii l.p.
26.8%
3,303,578
SC 13D/A
May 29, 2020
blackstone holdings iii l.p.
25.7%
3,166,626
SC 13D/A
Feb 13, 2020
renaissance technologies llc
7.62%
948,000
SC 13G/A

Recent SEC filings of Ellington Residential Mortgage REIT

View All Filings
Date Filed Form Type Document
May 15, 2024
10-Q
Quarterly Report
May 14, 2024
8-K
Current Report
Apr 23, 2024
8-K
Current Report
Apr 19, 2024
8-K
Current Report
Apr 12, 2024
10-K/A
Annual Report
Apr 09, 2024
8-K
Current Report
Apr 04, 2024
8-K
Current Report
Apr 01, 2024
8-K
Current Report
Mar 12, 2024
10-K
Annual Report
Mar 07, 2024
8-K
Current Report

Peers (Alternatives to Ellington Residential Mortgage REIT)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
AMT
90.9B
11.2B
 13.13% 1.87%
46.04
8.11
 3.63% 50.79%
CCI
44.7B
6.8B
 10.57% -9.74%
32.06
6.53
 -2.39% -16.60%
AVB
28.3B
2.8B
 9.91% 13.04%
29.6
10.08
 5.72% -6.47%
ARE
21.7B
3.0B
 6.63% 6.21%
110.61
7.35
 10.44% -73.79%
AMH
13.5B
-
 6.12% 9.11%
31.9
8.3
 8.93% 11.87%
REG
11.3B
1.4B
 6.30% 4.57%
30.12
8.22
 10.48% -2.93%
BXP
9.9B
3.3B
 9.08% 28.09%
51.64
3
 4.82% -75.15%
MID-CAP
FRT
8.5B
1.2B
 5.40% 14.57%
35.59
7.38
 5.48% -38.69%
SLG
3.4B
892.3M
 6.62% 140.10%
-6.71
3.85
 -5.33% -307.54%
MAC
3.4B
878.0M
 1.11% 67.10%
-9.8
3.82
 2.35% -290.60%
SMALL-CAP
AAT
1.4B
444.1M
 12.17% 21.82%
20.36
3.15
 3.54% 8.91%
AIV
1.2B
198.2M
 6.70% -0.84%
-7.55
6.02
 -43.33% -308.08%
MFA
1.1B
650.2M
 7.51% 2.13%
36.77
1.73
 27.93% 140.31%
NYMT
572.0M
285.4M
 -8.06% -36.92%
-4.15
2
 11.05% 83.70%
IVR
459.4M
277.2M
 15.74% -12.95%
-56.03
1.66
 25.89% 94.64%

Ellington Residential Mortgage REIT News

Latest updates
MarketBeat • 15 May 2024 • 07:00 am
Ellington Residential Mortgage REIT (NYSE:EARN) Posts Earnings Results, Beats Estimates By $0.03 EPS
Yahoo New Zealand News • 15 May 2024 • 04:47 am
Ellington Residential (EARN) Beats Q4 Earnings and Revenue Estimates
MarketBeat • 12 May 2024 • 08:18 pm
Ellington Residential Mortgage REIT (NYSE:EARN) Sees Significant Increase in Short Interest
Defense World • 12 May 2024 • 06:17 am
Ellington Residential Mortgage REIT (EARN) to Release Earnings on Tuesday
Defense World • 10 May 2024 • 08:16 am
58848 Shares in Ellington Residential Mortgage REIT (NYSE:EARN) Acquired by International Assets Investment ...
24/7 Wall St. • 04 May 2024 • 07:00 am
Want $1200 per Month in Passive Income? Invest in These Stocks
Business Wire • 19 Apr 2024 • 07:00 am
Ellington Residential Rebrands as Ellington Credit Company
Seeking Alpha • 18 Apr 2024 • 07:00 am
Ellington Residential Mortgage REIT: Transforming From A 14% Yielding REIT To A CLO CEF
Yahoo Finance • 20 Mar 2024 • 07:00 am
Is Ellington Residential Mortgage REIT (EARN) Stock Outpacing Its Finance Peers This Year?
Seeking Alpha • 7 months ago
Ellington Residential: This 15%-Yielding Mortgage Trust Could Outperform

Ellington Residential Mortgage REIT Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-12.7%10,37911,88811,25310,0709,3389,9279,4579,0876,5356,4915,4639,8756,5356,1747,7763,4899,8818,60910,48512,13912,613
Operating Expenses18.4%1,6271,3741,3561,5001,3051,2711,2301,3061,3211,3121,4421,5331,4651,4001,4061,7321,2881,2751,3451,3001,368
Interest Expenses-26.0%279377-1,096-1,616-3722,4505,1897,1155,4325,7624,9119,2145,7545,4586,9571,1593,7811,3701,6652,4773,058
Net Income-68.2%3,96112,439-11,4201,2032,33711,680-13,671-10,740-17,467-2,759860-4,5371277,3948,11821,345-16,7459,7063,729-1078,928
Net Income Margin32.4%0.14*0.11*0.09*0.04*-0.27*-0.86*-1.41*-1.09*-0.84*-0.22*0.14*0.37*---------
Free Cashflow47.0%-1,205-2,274-3,367-1,998-2,3834,2114,1767,1386,8926,2037,1567,851---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.9%9649461,0641,0841,1241,0541,1891,1221,5071,5981,3671,3811,4321,1951,2641,2921,2811,4891,6741,6971,650
    Cash Equivalents-41.8%22.0039.0040.0044.0037.0035.0025.0037.0016.0069.0061.0059.0053.0058.0061.0051.0060.0035.0050.0041.0044.00
Liabilities1.4%8218099539671,0099411,0861,0031,3741,4441,2081,2191,2691,0281,1011,1351,1411,3281,5201,5421,492
Shareholder's Equity4.9%143136111117115112103119133154159162163166162158140161155155158
  Retained Earnings-0.6%-139-138-146-131-129-128-137-120-106-84.77-78.10-75.08-66.66-63.33-67.27-71.94-89.83-69.64-75.86-76.10-72.50
  Additional Paid-In Capital2.7%282275258248244241240239239239237237230230230229229230230231231
Shares Outstanding6.5%20.0019.0016.0014.0014.0013.0013.0013.0013.0013.0013.0013.00---------
Float----101---95.00---148---89.00---97.00-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations47.0%-1,205-2,274-3,367-1,998-2,3834,2114,1767,1386,8926,2037,1567,8516,6707,6897,5663,5545,5604,4723,9254,3774,759
  Share Based Compensation50.0%72.0048.0081.0081.0045.0083.0078.0075.0076.0073.0066.0066.0066.0063.0060.0059.0059.0055.0055.0053.0053.00
Cashflow From Investing15.5%40,64835,19269,07726,563-45,10970,3151,079240,908-201,75535,62766,145-30,841-86,16242,509-129,896185,736205,71028,358124,211-15,13984,425
Cashflow From Financing-61.5%-55,534-34,381-69,427-17,50949,333-65,118-17,319-226,780142,041-33,971-70,81529,17373,826-53,225132,588-198,026-186,950-47,667-119,4217,972-63,506
  Dividend Payments-100.0%-3,9083,6173,3283,2693,1823,1513,6713,9336,4843,8763,4563,4563,4543,4503,4493,4883,4853,4914,2394,252
  Buy Backs-------100200--------986-333-414
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EARN Income Statement

2024-03-31
CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
INTEREST INCOME (EXPENSE)  
Interest income$ 10,379$ 9,338
Interest expense(10,100)(9,710)
Total net interest income (expense)279(372)
EXPENSES  
Management fees to affiliate538433
Professional fees339242
Compensation expense270181
Insurance expense9499
Other operating expenses386350
Total expenses1,6271,305
OTHER INCOME (LOSS)  
Net realized gains (losses) on securities(9,823)(15,126)
Net realized gains (losses) on financial derivatives3,4591,743
Change in net unrealized gains (losses) on securities1,76027,948
Change in net unrealized gains (losses) on financial derivatives10,216(10,551)
Total other income (loss)5,6124,014
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest4,2642,337
Income Tax Expense (Benefit)3030
NET INCOME (LOSS)$ 3,961$ 2,337
NET INCOME (LOSS) PER COMMON SHARE:  
Basic and Diluted (in dollars per share)$ 0.20$ 0.17

EARN Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash and cash equivalents$ 22,442$ 38,533
Securities, at fair value(1)[1]812,042773,548
Due from brokers5,2613,245
Financial derivatives–assets, at fair value82,33074,279
Receivable for securities sold36,47451,132
Interest receivable4,6424,522
Other assets765431
Total Assets963,956945,690
LIABILITIES  
Repurchase agreements683,171729,543
Payable for securities purchased68,17912,139
Due to brokers58,23854,476
Financial derivatives–liabilities, at fair value5,7467,329
Dividend payable1,5861,488
Accrued expenses1,7021,153
Management fee payable to affiliate538513
Interest payable1,8792,811
Total Liabilities821,039809,452
SHAREHOLDERS' EQUITY  
Preferred shares, par value $0.01 per share, 100,000,000 shares authorized; (0 shares issued and outstanding, respectively)00
Common shares, par value $0.01 per share, 500,000,000 shares authorized; (19,819,610 and 18,601,464 shares issued and outstanding, respectively)198186
Additional paid-in-capital282,161274,698
Accumulated deficit(139,442)(138,646)
Total Shareholders' Equity142,917136,238
Total Liabilities and Shareholders' Equity$ 963,956$ 945,690
[1]Includes assets pledged as collateral to counterparties. See Note 6 for additional details on the Company's borrowings and related collateral.

About Ellington Residential Mortgage REIT

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. Ellington Residential Mortgage REIT was incorporated in 2012 and is based in Old Greenwich, Connecticut.
0
 CEO
 WEBSITEearnreit.com
 INDUSTRYREIT Mortgage

Ellington Residential Mortgage REIT Frequently Asked Questions

What is the ticker symbol for Ellington Residential Mortgage REIT? What does EARN stand for in stocks?

EARN is the stock ticker symbol of Ellington Residential Mortgage REIT. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ellington Residential Mortgage REIT (EARN)?

As of Fri May 17 2024, market cap of Ellington Residential Mortgage REIT is 143.56 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EARN stock?

You can check EARN's fair value in chart for subscribers.

What is the fair value of EARN stock?

You can check EARN's fair value in chart for subscribers. The fair value of Ellington Residential Mortgage REIT is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ellington Residential Mortgage REIT is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EARN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ellington Residential Mortgage REIT a good stock to buy?

The fair value guage provides a quick view whether EARN is over valued or under valued. Whether Ellington Residential Mortgage REIT is cheap or expensive depends on the assumptions which impact Ellington Residential Mortgage REIT's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EARN.

What is Ellington Residential Mortgage REIT's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, EARN's PE ratio (Price to Earnings) is 23.22 and Price to Sales (PS) ratio is 3.29. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EARN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ellington Residential Mortgage REIT's stock?

In the past 10 years, Ellington Residential Mortgage REIT has provided 0.017 (multiply by 100 for percentage) rate of return.