EARN Stock Overview
Ellington Residential Mortgage REIT, a real estate investment trust, acquires, invests in, and manages residential mortgage-and real estate-related assets.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
+ 1 more risk
Ellington Credit Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.61 |
| 52 Week High | US$7.64 |
| 52 Week Low | US$5.09 |
| Beta | 1.9 |
| 1 Month Change | -4.34% |
| 3 Month Change | 10.35% |
| 1 Year Change | -5.44% |
| 3 Year Change | -45.28% |
| 5 Year Change | -42.92% |
| Change since IPO | -66.09% |
Recent News & Updates
Recent updates
EARN: Transforming From A 14% Yielding REIT To A CLO CEF
Apr 18Ellington Residential's 14% Yield Could Be Sustainable In 2024
Mar 23Ellington Residential Mortgage REIT: This 15% Yielding Mortgage Trust Could Outperform (Upgrade)
Sep 26Ellington Residential Mortgage REIT declares $0.08 dividend
Feb 07Ellington Residential Mortgage REIT declares $0.08 dividend
Jan 09Ellington Residential: Wait For A Drop Before Buying This 14% Yield
Jan 03Ellington Residential Mortgage REIT declares $0.08 dividend
Dec 07Ellington Residential Mortgage REIT Non-GAAP EPS of $0.23 misses by $0.01, TII of $5.19M beats by $0.69M
Nov 09Ellington Residential Mortgage REIT declares $0.08 dividend
Oct 06Ellington Residential Mortgage REIT declares $0.08 dividend
Sep 08Ellington Residential Mortgage REIT: Horrific Market But Dividend Looks Good
Aug 21Ellington Residential Mortgage REIT declares $0.08 dividend
Aug 04Ellington Residential Mortgage REIT declares $0.08 dividend
Jul 08Ellington Residential: 11.6% Yield, Trading At 0.81x Book Value
Jun 03Ellington Residential: 12% Below NAV But No Dividend Consistency Yet
Jan 21Shareholder Returns
| EARN | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | -2.1% | -1.8% | -0.7% |
| 1Y | -5.4% | 2.7% | 22.3% |
Return vs Industry: EARN underperformed the US Mortgage REITs industry which returned 1.1% over the past year.
Return vs Market: EARN underperformed the US Market which returned 22.8% over the past year.
Price Volatility
| EARN volatility | |
|---|---|
| EARN Average Weekly Movement | 3.9% |
| Mortgage REITs Industry Average Movement | 4.6% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: EARN has not had significant price volatility in the past 3 months.
Volatility Over Time: EARN's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | n/a | Larry Penn | www.earnreit.com |
Ellington Residential Mortgage REIT, a real estate investment trust, acquires, invests in, and manages 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, such as 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 Credit Company Fundamentals Summary
| EARN fundamental statistics | |
|---|---|
| Market cap | US$131.01m |
| Earnings (TTM) | US$4.56m |
| Revenue (TTM) | n/a |
28.7x
P/E Ratio-2,016x
P/S RatioIs EARN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EARN income statement (TTM) | |
|---|---|
| Revenue | -US$65.00k |
| Cost of Revenue | US$0 |
| Gross Profit | -US$65.00k |
| Other Expenses | -US$4.62m |
| Earnings | US$4.56m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.23 |
| Gross Margin | 100.00% |
| Net Profit Margin | -7,013.85% |
| Debt/Equity Ratio | 540.9% |
How did EARN perform over the long term?
See historical performance and comparison