Ellington Residential Mortgage Stock Today
| EARN Stock | USD 6.77 0.02 0.30% |
Performance1 of 100
| Odds Of DistressOver 56
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Ellington Residential is selling at 6.77 as of the 6th of October 2024; that is 0.30 percent increase since the beginning of the trading day. The stock's open price was 6.75. Ellington Residential has over 56 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance 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 8th of July 2024 and ending today, the 6th of October 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 25.33 M outstanding shares of which 248.38 K shares are currently shorted by private and institutional investors with about 0.66 trading days to cover. More on Ellington Residential Mortgage
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Ellington Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Laurence Penn | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Mortgage 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsEllington Residential can leverage 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 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 171.46 M. Ellington Residential conducts business under Mortgage Real Estate Investment Trusts (REITs) sector and is part of Financials industry. The entity has 25.33 M outstanding shares of which 248.38 K shares are currently shorted by private and institutional investors with about 0.66 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.
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Ownership AllocationRoughly 84.0 percent of Ellington Residential outstanding shares are held by general public with 1.8 (percent) owned by insiders and only 14.2 % by other corporate entities.
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Ellington Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2024-06-30 | 61.2 K | |
| Millennium Management Llc | 2024-06-30 | 41.8 K | |
| Campbell & Co Investment Adviser Llc | 2024-06-30 | 40.2 K | |
| Jane Street Group, Llc | 2024-06-30 | 39.4 K | |
| Royal Bank Of Canada | 2024-06-30 | 32.1 K | |
| T. Rowe Price Associates, Inc. | 2024-06-30 | 27.6 K | |
| Deprince Race & Zollo Inc | 2024-06-30 | 26.6 K | |
| Kestra Advisory Services, Llc | 2024-06-30 | 26.4 K | |
| Advisor Group Holdings, Inc. | 2024-06-30 | 22 K | |
| Vanguard Group Inc | 2024-06-30 | 790.9 K | |
| Renaissance Technologies Corp | 2024-06-30 | 642.4 K |
Ellington Residential Historical Income Statement
Ellington Stock Against Markets
Ellington Residential Corporate Management
| Jason Frank | Deputy Sec | Profile | |
| Ronald Simon | Independent Trustee | Profile | |
| David Miller | Independent Trustee | Profile | |
| Mary Mcbride | Independent Trustee | Profile |
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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 0.21 | Revenue Per Share 1.026 | Quarterly Revenue Growth (0.42) |
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.