Ellington Residential Mortgage REIT (EARN)
$
5.73
+0.06 (1.05%)
Key metrics
Financial statements
Free cash flow per share
0.3171
Market cap
211.1 Million
Price to sales ratio
11.2242
Debt to equity
0
Current ratio
0.1189
Income quality
1.3835
Average inventory
0
ROE
0.0391
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Ellington Residential Mortgage REIT specializes in acquiring, investing in, and managing residential mortgage and real estate-related assets. The company earned an interest income of $49,863,000.00 showcasing its financial investments. It actively acquires and manages residential mortgage-backed securities (RMBS), which include agency pools and agency collateralized mortgage obligations (CMOs), as well as non-agency RMBS, comprising non-agency CMOs that encompass both investment grade and non-investment grade. The operating income ratio is 0.86 indicating the company's operational profitability margin. With a gross profit standing at $15,069,000.00 the firm highlights its profitability from core operations. Furthermore, the company recorded an operating income of $12,962,000.00 reflecting its earnings from core operations. As a REIT, Ellington Residential Mortgage REIT has elected to be taxed accordingly, which allows it to avoid corporate income tax on that portion of its net income distributed to shareholders. Founded in 2012 and based in Old Greenwich, Connecticut, the REIT is positioned to leverage its portfolio effectively in the competitive market of residential mortgages. The stock is affordable at $5.73 making it suitable for budget-conscious investors. Additionally, the stock has a low average trading volume of {{749,203.00 which indicates lower market activity. With a market capitalization of $215,214,216.00 the company is classified as a small-cap player. Furthermore, it is a key player in the REIT - Mortgage industry, contributing significantly to the overall market landscape. It belongs to the Real Estate sector, where it drives innovation and growth. In this context, Ellington Residential Mortgage REIT continues to position itself strategically within its market while maintaining accessibility for investors.
Is Ellington Residential Mortgage REIT (EARN) a good investment?
Investing in Ellington Residential Mortgage REIT (EARN) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C-, with a Bullish outlook. Always conduct your own research before investing.
What is Ellington Residential Mortgage REIT (EARN)'s stock forecast?
Analysts predict Ellington Residential Mortgage REIT stock to fluctuate between $4.33 (low) and $7.20 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Ellington Residential Mortgage REIT's market capitalization?
As of 2025-05-29, Ellington Residential Mortgage REIT's market cap is $215,214,216, based on 37,559,200 outstanding shares.
How does Ellington Residential Mortgage REIT compare to competitors like PROLOGIS, INC.?
Compared to PROLOGIS, INC., Ellington Residential Mortgage REIT has a Lower Market-Cap, indicating a difference in performance.
Does Ellington Residential Mortgage REIT pay dividends?
Ellington Residential Mortgage REIT pays dividends. The current dividend yield is 16.75%, with a payout of $0.08 per share.
How can I buy Ellington Residential Mortgage REIT (EARN) stock?
To buy Ellington Residential Mortgage REIT (EARN) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for EARN. Place an order (Market, Limit, etc.).
What is the best time to invest in Ellington Residential Mortgage REIT?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
How did Ellington Residential Mortgage REIT perform in the last earnings report?
Revenue: $15,069,000 | EPS: $0.24 | Growth: -22.58%.
Where can I find Ellington Residential Mortgage REIT's investor relations reports?
Visit https://www.earnreit.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Ellington Residential Mortgage REIT?
You can explore historical data from here
What is the all-time high and low for Ellington Residential Mortgage REIT stock?
All-time high: $13.92 (2021-06-14) | All-time low: $4.33 (2025-04-09).
What are the key trends affecting Ellington Residential Mortgage REIT stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
Ellington Credit Company (NYSE:EARN ) Q1 2025 Earnings Conference Call May 21, 2025 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel Larry Penn - CEO Greg Borenstein - Portfolio Manager Mark Tecotzky - EVP Chris Smernoff - CFO Conference Call Participants Eric Hagen - BTIG Crispin Love - Piper Sandler Operator Good morning, ladies and gentlemen. And thank you for standing by.
zacks.com
Ellington Credit (EARN) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.27 per share a year ago.
businesswire.com
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the three-month period ended March 31, 2025. Highlights Net income (loss) of $(7.9) million, or $(0.23) per share. Adjusted Distributable Earnings1 of $9.0 million, or $0.26 per share. Book value of $6.08 per share as of March 31, 2025, which includes the effects of dividends of $0.24 per share for the three-month period. Net interest margin2 of 11.13% on credit, 2.29% on Age.
seekingalpha.com
Ellington Credit has transitioned from a REIT to a RIC, focusing on CLOs. The fund's attractive valuation, low management fees, and strong track record make it a compelling investment despite portfolio uncertainty. EARN's flexibility in allocating across both CLO Equity/Debt and US/EU securities provides a significant advantage in the CLO CEF sector.
businesswire.com
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on May 27, 2025 to shareholders of record as of April 30, 2025. As previously announced, in connection with its recently completed conversion to a closed-end fund registered under the Investment Company Act of 1940, the Fund has implemented a Dividend Reinvestment Plan (the "DRP"). The DRP.
seekingalpha.com
Ellington Credit Company has shifted from a mortgage REIT to a closed-end fund focusing on high-yield CLOs, aiming for substantial gains. Despite potential high rewards, EARN's transition brings significant risks, with recent earnings volatility and a hefty debt load posing challenges. EARN's valuation appears attractive, trading at a discount with a low P/E ratio, suggesting potential upside if management successfully navigates the CLO market.
businesswire.com
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the “Company”) announced today it has obtained all necessary approvals from its Board of Trustees and shareholders to convert to a Delaware-registered closed-end fund, effective April 1, 2025 (the “Conversion”). Upon effectiveness of the Conversion, the Company intends to sell its remaining Agency MBS pools, acquire additional CLOs, and operate in compliance with the Investment Company Act of 1940. Laurence Penn, Chie.
businesswire.com
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the quarter ended December 31, 2024. Fourth Quarter Highlights Net income (loss) of $(2.0) million, or $(0.07) per share. Adjusted Distributable Earnings1 of $7.8 million, or $0.27 per share. Book value of $6.53 per share as of December 31, 2024, which includes the effects of dividends of $0.24 per share for the quarter. Net interest margin2 of 8.54% on credit, 3.24% on Agenc.
businesswire.com
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on April 25, 2025 to shareholders of record as of March 31, 2025. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking stat.
businesswire.com
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on March 25, 2025 to shareholders of record as of February 28, 2025. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking s.
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