Ellington Residential Mortgage Stock Fundamentals

EARN Stock  USD 7.13  0.12  1.71%   
Ellington Residential Mortgage fundamentals help investors to digest information that contributes to Ellington Residential's financial success or failures. It also enables traders to predict the movement of Ellington Stock. The fundamental analysis module provides a way to measure Ellington Residential's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ellington Residential stock.
At this time, Ellington Residential's EBITDA is very stable compared to the past year. As of the 23rd of July 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.
  
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Ellington Residential Mortgage Company Operating Margin Analysis

Ellington Residential's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Operating Margin

 = 

Operating Income

Revenue

X

100

More About Operating Margin | All Equity Analysis

Current Ellington Residential Operating Margin

    
  0.90 %  
Most of Ellington Residential's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ellington Residential Mortgage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Competition

Ellington Pretax Profit Margin

Pretax Profit Margin

0.33

At this time, Ellington Residential's Pretax Profit Margin is very stable compared to the past year.
Based on the recorded statements, Ellington Residential Mortgage has an Operating Margin of 0.8978%. This is 97.8% lower than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly higher than that of the Financials industry. The operating margin for all United States stocks is 116.29% lower than that of the firm.

Ellington Residential Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ellington Residential's current stock value. Our valuation model uses many indicators to compare Ellington Residential value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ellington Residential competition to find correlations between indicators driving Ellington Residential's intrinsic value. More Info.
Ellington Residential Mortgage is rated # 5 in return on equity category among its peers. It is rated # 4 in return on asset category among its peers reporting about  0.12  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ellington Residential Mortgage is roughly  8.14 . At this time, Ellington Residential's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ellington Residential's earnings, one of the primary drivers of an investment's value.

Ellington Operating Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ellington Residential's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ellington Residential could also be used in its relative valuation, which is a method of valuing Ellington Residential by comparing valuation metrics of similar companies.
Ellington Residential is currently under evaluation in operating margin category among its peers.

Ellington Residential Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ellington Residential from analyzing Ellington Residential's financial statements. These drivers represent accounts that assess Ellington Residential's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ellington Residential's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap135.2M161.1M131.8M90.3M91.2M136.2M
Enterprise Value1.4B1.1B1.1B897.9M782.2M424.0M

Ellington Residential ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ellington Residential's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ellington Residential's managers, analysts, and investors.
Environmental
Governance
Social

Ellington Fundamentals

About Ellington Residential Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ellington Residential Mortgage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ellington Residential using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ellington Residential Mortgage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue672.3 M705.9 M
Total Revenue13 M14.3 M
Cost Of Revenue1.8 M1.4 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.09  0.09 
Revenue Per Share 0.87  1.29 
Ebit Per Revenue 3.83  4.02 

Pair Trading with Ellington Residential

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ellington Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ellington Residential will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ellington Stock

  0.69BK Bank of New York Fiscal Year End 10th of January 2025 PairCorr

Moving against Ellington Stock

  0.58QD Qudian IncPairCorr
  0.39XP Xp IncPairCorr
  0.33MA MastercardPairCorr
The ability to find closely correlated positions to Ellington Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellington Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ellington Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ellington Residential Mortgage to buy it.
The correlation of Ellington Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ellington Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellington Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ellington Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Information and Resources on Investing in Ellington Stock

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 Ellington Residential Piotroski F Score and Ellington Residential Altman Z Score analysis.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Mortgage Real Estate Investment Trusts (REITs) space 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
0.185
Dividend Share
0.96
Earnings Share
0.34
Revenue Per Share
1.532
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.