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EARN

Ellington Residential Mortgage REIT NYSE:EARN Stock Report

Last Price

US$7.20

Market Cap

US$95.4m

7D

-0.8%

1Y

-32.6%

Updated

01 Dec, 2022

Data

Company Financials +
EARN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends3/6

EARN Stock Overview

Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets.

Ellington Residential Mortgage REIT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ellington Residential Mortgage REIT
Historical stock prices
Current Share PriceUS$7.20
52 Week HighUS$11.38
52 Week LowUS$5.70
Beta1.75
1 Month Change6.04%
3 Month Change-7.93%
1 Year Change-32.58%
3 Year Change-35.54%
5 Year Change-43.62%
Change since IPO-63.06%

Recent News & Updates

Ellington Residential Mortgage REIT Non-GAAP EPS of $0.23 misses by $0.01, TII of $5.19M beats by $0.69M

Nov 09

Recent updates

How Many Ellington Residential Mortgage REIT (NYSE:EARN) Shares Do Institutions Own?

Dec 26
How Many Ellington Residential Mortgage REIT (NYSE:EARN) Shares Do Institutions Own?

Shareholder Returns

EARNUS Mortgage REITsUS Market
7D-0.8%1.5%1.4%
1Y-32.6%-28.4%-16.1%

Return vs Industry: EARN underperformed the US Mortgage REITs industry which returned -26.2% over the past year.

Return vs Market: EARN underperformed the US Market which returned -14.8% over the past year.

Price Volatility

Is EARN's price volatile compared to industry and market?
EARN volatility
EARN Average Weekly Movement7.2%
Mortgage REITs Industry Average Movement7.2%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: EARN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: EARN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012n/aLarry Pennhttps://www.earnreit.com

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 Fundamentals Summary

How do Ellington Residential Mortgage REIT's earnings and revenue compare to its market cap?
EARN fundamental statistics
Market CapUS$95.37m
Earnings (TTM)-US$44.64m
Revenue (TTM)US$89.49m

1.1x

P/S Ratio

-2.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EARN income statement (TTM)
RevenueUS$89.49m
Cost of RevenueUS$0
Gross ProfitUS$89.49m
Other ExpensesUS$134.13m
Earnings-US$44.64m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-3.37
Gross Margin100.00%
Net Profit Margin-49.88%
Debt/Equity Ratio915.0%

How did EARN perform over the long term?

See historical performance and comparison

Dividends

13.3%

Current Dividend Yield

-32%

Payout Ratio