Ellington Residential Mortgage Stock Today
| EARN Stock | USD 6.75 0.08 1.20% |
Performance9 of 100
| Odds Of DistressLess than 48
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Ellington Residential is selling at 6.75 as of the 24th of April 2024; that is 1.20 percent increase since the beginning of the trading day. The stock's open price was 6.67. Ellington Residential has 48 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Ellington Residential Mortgage are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of March 2023 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 1st of May 2013 | Category Real Estate | Classification Financials |
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 was incorporated in 2012 and is based in Old Greenwich, Connecticut. The company has 19.82 M outstanding shares of which 312.59 K shares are currently shorted by private and institutional investors with about 1.18 trading days to cover. More on Ellington Residential Mortgage
Moving together with Ellington Stock
| 0.74 | DIST | Distoken Acquisition | PairCorr |
| 0.66 | AB | AllianceBernstein Earnings Call This Week | PairCorr |
| 0.63 | BK | Bank of New York Financial Report 16th of July 2024 | PairCorr |
Moving against Ellington Stock
| 0.69 | PX | P10 Inc Financial Report 20th of May 2024 | PairCorr |
| 0.52 | AC | Associated Capital | PairCorr |
Ellington Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ellington Residential's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ellington Residential or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Laurence Penn | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Mortgage Real Estate Investment Trusts (REITs), Financial Services, Real Estate, NYSE Composite, Financials, Mortgage Real Estate Investment Trusts (REITs), REIT—Mortgage, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Ellington Residential report their recommendations after researching Ellington Residential's financial statements, talking to executives and customers, or listening in on Ellington Residential's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ellington Residential. The Ellington consensus assessment is calculated by taking the average forecast from all of the analysts covering Ellington Residential. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Ellington Residential's profitability, liquidity, and operating efficiency, Ellington Residential Mortgage may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. Financial strength of Ellington Residential is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Ellington Residential's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ellington Residential's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ellington Residential's financial leverage. It provides some insight into what part of Ellington Residential's total assets is financed by creditors.
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Ellington Residential Mortgage (EARN) is traded on New York Stock Exchange in USA. It is located in 53 Forest Avenue, Old Greenwich, CT, United States, 06870 and employs 18 people. Ellington Residential is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 132.2 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ellington Residential's market, we take the total number of its shares issued and multiply it by Ellington Residential's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ellington Residential conducts business under Mortgage Real Estate Investment Trusts (REITs) sector and is part of Financials industry. The entity has 19.82 M outstanding shares of which 312.59 K shares are currently shorted by private and institutional investors with about 1.18 trading days to cover.
Ellington Residential Mortgage currently holds about 83 M in cash with (10.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.35.
Check Ellington Residential Probability Of Bankruptcy
Ownership AllocationEllington Residential holds a total of 19.82 Million outstanding shares. Roughly 77.0 percent of Ellington Residential outstanding shares are held by general public with 2.0 (percent) owned by insiders and only 20.51 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Ellington Ownership Details
Ellington Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Ellington Residential jumping above the current price in 90 days from now is about 11.51%. The Ellington Residential Mortgage probability density function shows the probability of Ellington Residential stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.3266 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ellington Residential will likely underperform. Additionally, ellington Residential Mortgage has an alpha of 0.0961, implying that it can generate a 0.0961 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ellington Residential to move above the current price in 90 days from now is about 11.51 (This Ellington Residential Mortgage probability density function shows the probability of Ellington Stock to fall within a particular range of prices over 90 days) .
Ellington Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Ellington Residential that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ellington Residential's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ellington Residential's value.| Instituion | Recorded On | Shares | |
| Thrivent Financial For Lutherans | 2023-12-31 | 75.8 K | |
| Millennium Management Llc | 2023-12-31 | 70.7 K | |
| Tudor Investment Corp Et Al | 2023-12-31 | 64.2 K | |
| Northern Trust Corp | 2023-12-31 | 57.5 K | |
| State Street Corporation | 2023-12-31 | 56.6 K | |
| Envestnet Asset Management Inc | 2023-12-31 | 56.2 K | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 50.2 K | |
| Gsa Capital Partners Llp | 2023-12-31 | 48.1 K | |
| Amvescap Plc. | 2023-12-31 | 40.2 K | |
| Vanguard Group Inc | 2023-12-31 | 789.9 K | |
| Renaissance Technologies Corp | 2023-12-31 | 506.3 K |
Ellington Residential Historical Income Statement
Ellington Residential Mortgage Income Statement is one of the three primary financial statements used for reporting Ellington's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ellington Residential revenue and expense. Ellington Residential Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ellington Residential's EBITDA is very stable compared to the past year. As of the 24th of April 2024, Depreciation And Amortization is likely to grow to about 5.9 M, while Selling General Administrative is likely to drop about 1.1 M. View More FundamentalsEllington Stock Against Markets
Picking the right benchmark for Ellington Residential stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ellington Residential stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ellington Residential is critical whether you are bullish or bearish towards Ellington Residential Mortgage at a given time. Please also check how Ellington Residential's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ellington Residential without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ETF CategoriesList of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
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Ellington Residential Corporate Management
Elected by the shareholders, the Ellington Residential's board of directors comprises two types of representatives: Ellington Residential inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ellington. The board's role is to monitor Ellington Residential's management team and ensure that shareholders' interests are well served. Ellington Residential's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ellington Residential's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jason Frank | Deputy Sec | Profile | |
| Ronald Simon | Independent Trustee | Profile | |
| David Miller | Independent Trustee | Profile | |
| Menes Chee | Independent Trustee | Profile |
How to buy Ellington Stock?
Before investing in Ellington Residential, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ellington Residential. To buy Ellington Residential stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ellington Residential. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ellington Residential stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ellington Residential Mortgage stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ellington Residential Mortgage stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ellington Residential Mortgage, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Ellington Stock please use our How to Invest in Ellington Residential guide.
Already Invested in Ellington Residential Mortgage?
The danger of trading Ellington Residential Mortgage is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ellington Residential is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ellington Residential. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ellington Residential is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ellington Residential offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Residential's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ellington Residential Mortgage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Residential Mortgage Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Residential Mortgage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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When running Ellington Residential's price analysis, check to measure Ellington Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ellington Residential is operating at the current time. Most of Ellington Residential's value examination focuses on studying past and present price action to predict the probability of Ellington Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ellington Residential's price. Additionally, you may evaluate how the addition of Ellington Residential to your portfolios can decrease your overall portfolio volatility.
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Is Ellington Residential's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellington Residential. If investors know Ellington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellington Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Dividend Share 0.96 | Earnings Share 0.31 | Revenue Per Share (0) | Quarterly Revenue Growth (0.83) |
The market value of Ellington Residential is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Residential's value that differs from its market value or its book value, called intrinsic value, which is Ellington Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ellington Residential's market value can be influenced by many factors that don't directly affect Ellington Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ellington Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Residential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.