Ellington Residential Mortgage Stock Today

EARN Stock  USD 7.20  0.07  0.98%   

Performance

19 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 40

 
High
 
Low
Below Average
Ellington Residential is selling at 7.20 as of the 21st of May 2024; that is 0.98 percent up since the beginning of the trading day. The stock's open price was 7.13. Ellington Residential has about a 40 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 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 June 2022 and ending today, the 21st of May 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
1st of May 2013
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 330.19 K shares are currently shorted by private and institutional investors with about 1.44 trading days to cover. More on Ellington Residential Mortgage

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

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.
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, 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
CEOLaurence Penn
Business ConcentrationMortgage Real Estate Investment Trusts (REITs), Financial Services, 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.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.930.8613
Significantly Up
Pretty Stable
Total Current Liabilities766 M729.5 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total75.9 M79.9 M
Notably Down
Pretty Stable
Total Assets1.5 B945.7 M
Way Up
Slightly volatile
Total Current Assets40.9 M43.1 M
Notably Down
Slightly volatile
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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Ellington Residential's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Ellington Residential deploys its capital and how much of that capital is borrowed.
Liquidity
Ellington Residential cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Change To Account Receivables

(1.14 Million)
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 15 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 143.56 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 330.19 K shares are currently shorted by private and institutional investors with about 1.44 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 Allocation
Ellington Residential retains a total of 19.82 Million outstanding shares. Roughly 80.0 percent of Ellington Residential outstanding shares are held by general public with 2.0 (percent) owned by insiders and only 18.42 % by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Ellington Ownership Details

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.
InstituionRecorded OnShares
Tudor Investment Corp Et Al2023-12-31
64.2 K
Northern Trust Corp2023-12-31
57.5 K
Millennium Management Llc2024-03-31
56.6 K
State Street Corporation2023-12-31
56.6 K
Envestnet Asset Management Inc2023-12-31
56.2 K
T. Rowe Price Associates, Inc.2024-03-31
50.2 K
Amvescap Plc.2023-12-31
40.2 K
Virtu Financial Llc2023-12-31
35.4 K
Quadrature Capital Llp2023-12-31
34.8 K
Renaissance Technologies Corp2023-12-31
506.3 K
Two Sigma Investments Llc2023-12-31
319.5 K
View Ellington Residential Diagnostics

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 Depreciation And Amortization is very stable compared to the past year. View More Fundamentals

Ellington 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.

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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 FrankDeputy SecProfile
Ronald SimonIndependent TrusteeProfile
David MillerIndependent TrusteeProfile
Mary McbrideIndependent TrusteeProfile

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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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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.