Ellington Residential Mortgage Stock Performance

EARN Stock  USD 6.87  0.19  2.84%   
On a scale of 0 to 100, Ellington Residential holds a performance score of 11. The firm shows a Beta (market volatility) of 1.23, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ellington Residential will likely underperform. Please check Ellington Residential's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Ellington Residential's price patterns will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Ellington Residential Mortgage are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal basic indicators, Ellington Residential displayed solid returns over the last few months and may actually be approaching a breakup point. ...more

Actual Historical Performance (%)

One Day Return
2.84
Five Day Return
1.33
Year To Date Return
13.55
Ten Year Return
(59.54)
All Time Return
(64.26)
Forward Dividend Yield
0.142
Payout Ratio
0.3721
Forward Dividend Rate
0.96
Dividend Date
2024-04-25
Ex Dividend Date
2024-03-27
1
Payment of 1210 shares by Smernoff Chris of Ellington Residential subject to Rule 16b-3
01/02/2024
 
Ellington Residential dividend paid on 25th of January 2024
01/25/2024
2
Ellington Residential Declares Monthly Common Dividend By Investing.com - Investing.com UK
02/08/2024
3
Ellington Residential Mortgage REIT Stock Price Passes Below 200-Day Moving Average of 6.12 - MarketBeat
02/21/2024
 
Ellington Residential dividend paid on 26th of February 2024
02/26/2024
4
Ellington Residential Mortgage REIT to Release Earnings on Wednesday - MarketBeat
02/28/2024
5
Ellington Residential Mortgage REIT Sees Significant Increase in Short Interest
03/04/2024
6
Ellington Residential Mortgage earnings beat by 0.04, revenue fell short of estimates
03/07/2024
7
Ellington Residential Mortgage REIT Q4 2023 Earnings Call Transcript
03/08/2024
8
Ellington Residential Mortgage REIT Shares Sold by Almitas Capital LLC
03/11/2024
9
Is Ellington Residential Mortgage REIT Stock Outpacing Its Finance Peers This Year
03/20/2024
 
Ellington Residential dividend paid on 25th of March 2024
03/25/2024
Begin Period Cash Flow34.8 M
  

Ellington Residential Relative Risk vs. Return Landscape

If you would invest  597.00  in Ellington Residential Mortgage on December 29, 2023 and sell it today you would earn a total of  90.00  from holding Ellington Residential Mortgage or generate 15.08% return on investment over 90 days. Ellington Residential Mortgage is currently generating 0.2428% in daily expected returns and assumes 1.5785% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of stocks are less volatile than Ellington, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Ellington Residential is expected to generate 2.75 times more return on investment than the market. However, the company is 2.75 times more volatile than its market benchmark. It trades about 0.15 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of risk.

Ellington Residential Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ellington Residential's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ellington Residential Mortgage, and traders can use it to determine the average amount a Ellington Residential's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1538

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Estimated Market Risk

 1.58
  actual daily
13
87% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Ellington Residential is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ellington Residential by adding it to a well-diversified portfolio.

Ellington Residential Fundamentals Growth

Ellington Stock prices reflect investors' perceptions of the future prospects and financial health of Ellington Residential, and Ellington Residential fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ellington Stock performance.

About Ellington Residential Performance

To evaluate Ellington Residential Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ellington Residential generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ellington Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ellington Residential market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ellington's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return On Capital Employed 0.23  0.24 
Return On Assets 0  0.01 
Return On Equity 0.03  0.04 

Things to note about Ellington Residential performance evaluation

Checking the ongoing alerts about Ellington Residential for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ellington Residential help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company currently holds 729.54 M in liabilities with Debt to Equity (D/E) ratio of 8.04, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ellington Residential has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ellington Residential until it has trouble settling it off, either with new capital or with free cash flow. So, Ellington Residential's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ellington Residential sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ellington to invest in growth at high rates of return. When we think about Ellington Residential's use of debt, we should always consider it together with cash and equity.
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.
Ellington Residential has a poor financial position based on the latest SEC disclosures
On 25th of March 2024 Ellington Residential paid $ 0.08 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Blackstone Holdings Iii L.p. of 17799 shares of Ellington Residential at 11.44 subject to Rule 16b-3
Evaluating Ellington Residential's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Ellington Residential's stock performance include:
  • Analyzing Ellington Residential's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ellington Residential's stock is overvalued or undervalued compared to its peers.
  • Examining Ellington Residential's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Ellington Residential's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ellington Residential's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Ellington Residential's stock. These opinions can provide insight into Ellington Residential's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Ellington Residential's stock performance is not an exact science, and many factors can impact Ellington Residential's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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.