Ellington Residential Net Worth

Ellington Residential Net Worth Breakdown

  EARN
The net worth of Ellington Residential Mortgage is the difference between its total assets and liabilities. Ellington Residential's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Ellington Residential's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Ellington Residential's net worth can be used as a measure of its financial health and stability which can help investors to decide if Ellington Residential is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Ellington Residential Mortgage stock.

Ellington Residential Net Worth Analysis

Ellington Residential's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Ellington Residential's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Ellington Residential's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Ellington Residential's net worth analysis. One common approach is to calculate Ellington Residential's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Ellington Residential's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Ellington Residential's net worth. This approach calculates the present value of Ellington Residential's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Ellington Residential's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Ellington Residential's net worth. This involves comparing Ellington Residential's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Ellington Residential's net worth relative to its peers.

Enterprise Value

424.03 Million

To determine if Ellington Residential is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ellington Residential's net worth research are outlined below:
Ellington Residential has high likelihood to experience some financial distress in the next 2 years
Ellington Residential Mortgage 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. Note, when we think about Ellington Residential's use of debt, we should always consider it together with its 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 28th of May 2024 Ellington Residential paid $ 0.08 per share dividend to its current shareholders
Latest headline from seekingalpha.com: Ellington Credit Company declares 0.08 dividend
Ellington Residential uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ellington Residential Mortgage. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ellington Residential's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
4th of March 2024
Upcoming Quarterly Report
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9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Ellington Residential Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ellington target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Ellington Residential's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   5  Buy
Most Ellington analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Ellington stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Ellington Residential, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Ellington Residential Target Price Projection

Ellington Residential's current and average target prices are 6.96 and 9.13, respectively. The current price of Ellington Residential is the price at which Ellington Residential Mortgage is currently trading. On the other hand, Ellington Residential's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Ellington Residential Market Quote on 19th of June 2024

Low Price6.96Odds
High Price6.96Odds

6.96

Target Price

Analyst Consensus On Ellington Residential Target Price

Low Estimate8.31Odds
High Estimate10.13Odds

9.13

Historical Lowest Forecast  8.31 Target Price  9.13 Highest Forecast  10.13
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Ellington Residential Mortgage and the information provided on this page.

Know Ellington Residential's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ellington Residential is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ellington Residential Mortgage backward and forwards among themselves. Ellington Residential's institutional investor refers to the entity that pools money to purchase Ellington Residential's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Kestra Advisory Services, Llc2024-03-31
25.5 K
Jane Street Group, Llc2023-12-31
20.3 K
Centiva Capital Lp2024-03-31
20.2 K
Advisor Group Holdings, Inc.2024-03-31
19.4 K
Rsm Us Wealth Management Llc2024-03-31
14.6 K
Cambridge Invest Research Advisors, Inc.2024-03-31
13.5 K
Private Advisor Group, Llc2024-03-31
13.2 K
Advisory Services Network, Llc2023-12-31
13 K
Alpine Investment Management Llc2024-03-31
12.5 K
Renaissance Technologies Corp2023-12-31
506.3 K
Ameriprise Financial Inc2024-03-31
300.7 K
Note, although Ellington Residential's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Ellington Residential's market capitalization trends

The company currently falls under 'Small-Cap' category with a current market capitalization of 140.74 M.

Market Cap

136.16 Million

Project Ellington Residential's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.00  0.01 
Return On Capital Employed 0.23  0.24 
Return On Assets 0.00  0.01 
Return On Equity 0.03  0.04 
The company has Profit Margin (PM) of 0.25 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.9 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.9.
When accessing Ellington Residential's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Ellington Residential's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ellington Residential's profitability and make more informed investment decisions.
The data published in Ellington Residential's official financial statements typically reflect Ellington Residential's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Ellington Residential's quantitative information. For example, before you start analyzing numbers published by Ellington accountants, it’s essential to understand Ellington Residential's liquidity, profitability, and earnings quality within the context of the Mortgage Real Estate Investment Trusts (REITs) space in which it operates.

Evaluate Ellington Residential's management efficiency

As of the 19th of June 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.24. At this time, Ellington Residential's Debt To Assets are very stable compared to the past year. As of the 19th of June 2024, Return On Assets is likely to grow to 0.01, while Total Current Assets are likely to drop about 40.9 M. Ellington Residential's management efficiency ratios could be used to measure how well Ellington Residential manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 9.16  15.95 
Tangible Book Value Per Share 9.16  8.70 
Enterprise Value Over EBITDA 15.70  16.49 
Price Book Value Ratio 0.67  0.64 
Enterprise Value Multiple 15.70  16.49 
Price Fair Value 0.67  0.64 
Enterprise Value782.2 M424 M
The analysis of Ellington Residential's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Ellington Residential's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Ellington Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Revenue
25 M
Quarterly Revenue Growth
(0.83)
Revenue Per Share
1.532
Return On Equity
0.048
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ellington Residential insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ellington Residential's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ellington Residential insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Ellington Residential Corporate Filings

8K
11th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
15th of May 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
10K
12th of April 2024
An amendment to a previously filed Form 10-K
ViewVerify
10K
12th of March 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
Ellington Residential time-series forecasting models is one of many Ellington Residential's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ellington Residential's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Ellington Residential Earnings Estimation Breakdown

The calculation of Ellington Residential's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Ellington Residential is estimated to be 0.27 with the future projection ranging from a low of 0.24 to a high of 0.29. Please be aware that this consensus of annual earnings estimates for Ellington Residential Mortgage is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.27
0.24
Lowest
Expected EPS
0.27
0.29
Highest

Ellington Residential Earnings Projection Consensus

Suppose the current estimates of Ellington Residential's value are higher than the current market price of the Ellington Residential stock. In this case, investors may conclude that Ellington Residential is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Ellington Residential's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2024Current EPS (TTM)
387.58%
0.27
0.27
0.34

Ellington Residential Earnings per Share Projection vs Actual

Actual Earning per Share of Ellington Residential refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Ellington Residential Mortgage predict the company's earnings will be in the future. The higher the earnings per share of Ellington Residential, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Ellington Residential Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Ellington Residential, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Ellington Residential should always be considered in relation to other companies to make a more educated investment decision.

Ellington Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Ellington Residential's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-05-15
2024-03-310.250.270.02
2024-03-07
2023-12-310.230.270.0417 
2023-11-13
2023-09-300.240.21-0.0312 
2023-08-10
2023-06-300.220.17-0.0522 
2023-05-11
2023-03-310.240.21-0.0312 
2023-03-06
2022-12-310.220.250.0313 
2022-11-09
2022-09-300.230.230.0
2022-08-10
2022-06-300.260.280.02
2022-05-02
2022-03-310.310.3-0.01
2022-03-07
2021-12-310.310.28-0.03
2021-11-02
2021-09-300.330.31-0.02
2021-08-02
2021-06-300.320.370.0515 
2021-05-03
2021-03-310.340.31-0.03
2021-02-16
2020-12-310.350.34-0.01
2020-11-05
2020-09-300.290.390.134 
2020-08-04
2020-06-300.250.260.01
2020-05-05
2020-03-310.250.270.02
2020-02-10
2019-12-310.230.230.0
2019-11-04
2019-09-300.220.19-0.0313 
2019-08-01
2019-06-300.260.22-0.0415 
2019-05-02
2019-03-310.310.27-0.0412 
2019-02-11
2018-12-310.320.320.0
2018-11-05
2018-09-300.340.32-0.02
2018-08-02
2018-06-300.360.360.0
2018-05-03
2018-03-310.40.34-0.0615 
2018-02-08
2017-12-310.420.4-0.02
2017-11-02
2017-09-300.460.43-0.03
2017-08-01
2017-06-300.480.47-0.01
2017-05-02
2017-03-310.490.530.04
2017-02-09
2016-12-310.450.540.0920 
2016-11-01
2016-09-300.460.32-0.1430 
2016-08-02
2016-06-300.530.32-0.2139 
2016-05-03
2016-03-310.50.530.03
2016-02-10
2015-12-310.540.49-0.05
2015-11-03
2015-09-300.550.690.1425 
2015-08-04
2015-06-300.680.57-0.1116 
2015-05-05
2015-03-310.70.66-0.04
2015-02-17
2014-12-310.740.760.02
2014-11-10
2014-09-300.740.760.02
2014-08-11
2014-06-300.640.750.1117 
2014-05-12
2014-03-310.60.770.1728 
2014-02-18
2013-12-310.540.740.237 
2013-11-12
2013-09-300.520.610.0917 
2013-08-14
2013-06-300.240.21-0.0312 

Ellington Residential Corporate Management

Jason FrankDeputy SecProfile
Ronald SimonIndependent TrusteeProfile
David MillerIndependent TrusteeProfile
Mary McbrideIndependent TrusteeProfile

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 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.