EARN Stock Price, Ellington Residential Mortgage REIT Quote, Chart

Market Summary

USD6.89+0.08

Market Closed

1.17%

EARN Stock Price

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EARN RSI Chart

EARN Valuation

Market Cap

135.0M

Price/Earnings (Trailing)

29.61

Price/Sales (Trailing)

3.17

Price/Free Cashflow

-13.47

EARN Price/Sales (Trailing)

EARN Profitability

Return on Equity

3.35%

Return on Assets

0.48%

Free Cashflow Yield

-7.43%

EARN Fundamentals

EARN Revenue

Revenue (TTM)

42.5M

Rev. Growth (Yr)

19.75%

Rev. Growth (Qtr)

5.64%

EARN Earnings

Earnings (TTM)

4.6M

Earnings Growth (Yr)

6.5%

Earnings Growth (Qtr)

208.92%

Breaking Down EARN Revenue

Last 7 days

1.2%

Last 30 days

-2.7%

Last 90 days

11.5%

Trailing 12 Months

-2.9%

How does EARN drawdown profile look like?

EARN Financial Health

EARN Investor Care

Dividend Yield

14.1%

Dividend/Share (TTM)

0.96

Shares Dilution (1Y)

43.30%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	37.8M	38.8M	40.6M	42.5M
2022	28.4M	27.6M	31.6M	35.0M
2021	24.0M	30.4M	28.0M	28.4M
2020	41.1M	32.5M	29.8M	27.3M
2019	53.7M	51.8M	49.1M	43.8M
2018	50.3M	53.5M	53.8M	54.6M
2017	36.2M	39.5M	45.3M	49.2M
2016	40.1M	37.8M	33.6M	33.5M
2015	45.1M	43.4M	43.2M	40.8M
2014	39.5M	46.8M	47.1M	46.8M
2013	0	0	16.1M	27.9M
2012	0	0	0	0

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

Which funds bought or sold EARN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 30, 2024	Private Advisor Group, LLC	new	-	91,267	91,267	-%
Apr 25, 2024	SIMPLEX TRADING, LLC	added	4,051	35,000	35,000	-%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	added	0.3	11,000	94,000	-%
Apr 12, 2024	BALDWIN BROTHERS LLC/MA	unchanged	-	3,120	27,640	-%
Mar 22, 2024	PNC Financial Services Group, Inc.	sold off	-100	-48,128	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	33.49	1,167,580	4,842,170	-%
Feb 26, 2024	Virtu Financial LLC	new	-	217,000	217,000	0.02%
Feb 16, 2024	HARBOUR INVESTMENTS, INC.	added	4.13	180	6,641	-%
Feb 16, 2024	PRICE T ROWE ASSOCIATES INC /MD/	added	12.56	31,000	308,000	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
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
Mar 06, 2024	8-K	Current Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Ellington Residential Mortgage REIT)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	83.8B	11.2B	-6.58%	-6.48%	42.47	7.48	3.63%	50.79%
CCI	41.9B	6.8B	-6.21%	-18.16%	30.06	6.12	-2.39%	-16.60%
AVB	27.3B	2.8B	6.99%	8.22%	29.43	9.87	6.73%	-18.30%
ARE	20.7B	3.0B	-4.69%	-2.74%	107.26	7	10.44%	-74.28%
AMH	13.2B	1.6B	0.92%	9.41%	30.49	8.2	7.80%	39.39%
REG	11.1B	1.3B	0.59%	0.60%	30.39	8.38	8.04%	-24.50%
BXP	9.4B	3.3B	-3.24%	19.55%	49.6	2.88	5.31%	-77.32%
MID-CAP
FRT	8.7B	1.2B	5.06%	9.06%	36.49	7.56	5.48%	-38.69%
SLG	3.4B	899.4M	1.40%	149.16%	-5.98	3.75	-0.45%	-623.11%
MAC	3.0B	884.1M	-14.86%	34.73%	-10.86	3.37	2.90%	-314.82%
SMALL-CAP
AAT	1.3B	441.2M	2.13%	21.27%	20.29	2.97	4.38%	15.77%
AIV	1.2B	198.2M	3.44%	5.05%	-7.47	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-1.45%	7.07%	13.89	1.84	25.53%	134.62%
NYMT	571.1M	258.7M	-12.57%	-34.79%	-11.74	2.21	0.11%	83.70%
IVR	437.1M	277.9M	-4.95%	-7.39%	-27.56	1.57	44.33%	96.06%

Ellington Residential Mortgage REIT News

Latest updates

Ellington Residential Mortgage REIT Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	5.6%	11,888	11,253	10,070	9,338	9,927	9,457	9,087	6,535	6,491	5,463	9,875	6,535	6,174	7,776	3,489	9,881	8,609	10,485	12,139	12,613	13,875
Operating Expenses	1.3%	1,374	1,356	1,500	1,305	1,271	1,230	1,306	1,321	1,312	1,442	1,533	1,465	1,400	1,406	1,732	1,288	1,275	1,345	1,300	1,368	1,232
Interest Expenses	134.4%	377	-1,096	-1,616	-372	2,450	5,189	7,115	5,432	5,762	4,911	9,214	5,754	5,458	6,957	1,159	3,781	1,370	1,665	2,477	3,058	4,791
Net Income	208.9%	12,439	-11,420	1,203	2,337	11,680	-13,671	-10,740	-17,467	-2,759	860	-4,537	127	7,394	8,118	21,345	-16,745	9,706	3,729	-107	8,928	-10,074
Net Income Margin	14.4%	0.11*	0.09*	0.04*	-0.27*	-0.86*	-1.41*	-1.09*	-0.84*	-0.22*	0.14*	0.37*	1.54*	-	-	-	-	-	-	-	-	-
Free Cashflow	32.5%	-2,274	-3,367	-1,998	-2,383	4,211	4,176	7,138	6,892	6,203	7,156	7,851	6,670	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-11.2%	946	1,064	1,084	1,124	1,054	1,189	1,122	1,507	1,598	1,367	1,381	1,432	1,195	1,264	1,292	1,281	1,489	1,674	1,697	1,650	1,676
Cash Equivalents	-3.7%	39.00	40.00	44.00	37.00	35.00	25.00	37.00	16.00	69.00	61.00	59.00	53.00	58.00	61.00	51.00	60.00	35.00	50.00	41.00	44.00	19.00
Liabilities	-15.1%	809	953	967	1,009	941	1,086	1,003	1,374	1,444	1,208	1,219	1,269	1,028	1,101	1,135	1,141	1,328	1,520	1,542	1,492	1,522
Shareholder's Equity	22.2%	136	111	117	115	112	103	119	133	154	159	162	163	166	162	158	140	161	155	155	158	154
Retained Earnings	5.7%	-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	-77.19
Additional Paid-In Capital	6.4%	275	258	248	244	241	240	239	239	239	237	237	230	230	230	229	229	230	230	231	231	231
Shares Outstanding	17.2%	19.00	16.00	14.00	14.00	13.00	13.00	13.00	13.00	13.00	13.00	13.00	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	101	-	-	-	95.00	-	-	-	148	-	-	-	89.00	-	-	-	97.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	32.5%	-2,274	-3,367	-1,998	-2,383	4,211	4,176	7,138	6,892	6,203	7,156	7,851	6,670	7,689	7,566	3,554	5,560	4,472	3,925	4,377	4,759	6,686
Share Based Compensation	-40.7%	48.00	81.00	81.00	45.00	83.00	78.00	75.00	76.00	73.00	66.00	66.00	66.00	63.00	60.00	59.00	59.00	55.00	55.00	53.00	53.00	54.00
Cashflow From Investing	-49.1%	35,192	69,077	26,563	-45,109	70,315	1,079	240,908	-201,755	35,627	66,145	-30,841	-86,162	42,509	-129,896	185,736	205,710	28,358	124,211	-15,139	84,425	-24,745
Cashflow From Financing	50.5%	-34,381	-69,427	-17,509	49,333	-65,118	-17,319	-226,780	142,041	-33,971	-70,815	29,173	73,826	-53,225	132,588	-198,026	-186,950	-47,667	-119,421	7,972	-63,506	-4,372
Dividend Payments	8.0%	3,908	3,617	3,328	3,269	3,182	3,151	3,671	3,933	6,484	3,876	3,456	3,456	3,454	3,450	3,449	3,488	3,485	3,491	4,239	4,252	4,700
Buy Backs	-	-	-	-	-	-	100	200	-	-	-	-	-	-	-	-	986	-	333	-	414	2,135

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EARN Income Statement

2023-12-31

CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
INTEREST INCOME (EXPENSE)
Interest income	$ 42,549	$ 35,006
Interest expense	(45,256)	(14,820)
Total net interest income (expense)	(2,707)	20,186
EXPENSES
Management fees to affiliate	1,804	1,758
Professional fees	1,132	824
Compensation expense	735	710
Insurance expense	382	401
Other operating expenses	1,482	1,435
Total expenses	5,535	5,128
OTHER INCOME (LOSS)
Net realized gains (losses) on securities	(58,103)	(73,682)
Net realized gains (losses) on financial derivatives	28,562	48,996
Change in net unrealized gains (losses) on securities	61,274	(79,103)
Change in net unrealized gains (losses) on financial derivatives	(18,932)	58,533
Total other income (loss)	12,801	(45,256)
NET INCOME (LOSS)	$ 4,559	$ (30,198)
NET INCOME (LOSS) PER COMMON SHARE:
Basic and Diluted (in dollars per share)	$ 0.31	$ (2.29)

EARN Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

^[1]

ASSETS

Cash and cash equivalents

$ 38,533

$ 34,816

Securities, at fair value(2)

^[2]

773,548

893,509

Due from brokers

3,245

18,824

Financial derivatives–assets, at fair value

74,279

68,770

Reverse repurchase agreements

0

499

Receivable for securities sold

51,132

33,452

Interest receivable

4,522

3,326

Other assets

431

436

Total Assets

945,690

1,053,632

LIABILITIES

Repurchase agreements

729,543

842,455

Payable for securities purchased

12,139

42,199

Due to brokers

54,476

45,666

Financial derivatives–liabilities, at fair value

7,329

3,119

U.S. Treasury securities sold short, at fair value

0

498

Dividend payable

1,488

1,070

Accrued expenses

1,153

1,097

Management fee payable to affiliate

513

423

Interest payable

2,811

4,696

Total Liabilities

809,452

941,223

SHAREHOLDERS' EQUITY

Preferred shares, par value $0.01 per share, 100,000,000 shares authorized; (0 shares issued and outstanding, respectively)

0

Common shares, par value $0.01 per share, 500,000,000 shares authorized; (18,601,464 and 13,377,840 shares issued and outstanding, respectively)

186

134

Additional paid-in-capital

274,698

240,940

Accumulated deficit

(138,646)

(128,665)

Total Shareholders' Equity

136,238

112,409

Total Liabilities and Shareholders' Equity

$ 945,690

$ 1,053,632

[1]	Conformed to current period presentation.
[2]	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

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	Mr. Laurence Eric Penn
WEBSITE	earnreit.com
INDUSTRY	REIT 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 Thu May 02 2024, market cap of Ellington Residential Mortgage REIT is 134.97 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 Thu May 02 2024, EARN's PE ratio (Price to Earnings) is 29.61 and Price to Sales (PS) ratio is 3.17. 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 0.016 (multiply by 100 for percentage) rate of return.