Ellington Residential Stock Target Price and Analyst Consensus

EARN Stock  USD 7.06  0.08  1.12%   
The current analyst and expert consensus on Ellington Residential is Buy with 4 hold recommendations. The current projected Ellington Residential target price consensus is 9.13 with 5 analyst opinions. One of the most common ways Ellington Residential analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Ellington Residential vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Ellington Residential. We strongly encourage you to use your own analysis of Ellington Residential to validate this buy or sell advice. Ellington Residential recommendation module provides expert sentiment on the projected Ellington Residential target price to derive its highest and lowest estimates based on target price standard deviation. Check out Macroaxis Advice on Ellington Residential to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
8.31
Highest Forecast
10.13
Target Price
9.13
At this time, Ellington Residential's Gross Profit is very stable compared to the past year. As of the 19th of July 2024, Operating Profit Margin is likely to grow to 4.02, while Pretax Profit Margin is likely to drop 0.33. At this time, Ellington Residential's Net Receivables is very stable compared to the past year. As of the 19th of July 2024, Liabilities And Stockholders Equity is likely to grow to about 1.5 B, though Other Current Liabilities is likely to grow to (693.1 M).
  
It's important to approach Ellington Residential's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Ellington Residential price targets

Ellington Residential's stock target price is an estimate of its future price, usually made by analysts. Using Ellington Residential's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Ellington Residential's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Ellington Residential's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Ellington Residential Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Ellington Residential is a key component of Ellington Residential valuation and have some predictive power on the future returns of a Ellington Residential.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ellington Residential's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
5.967.068.16
Details
Intrinsic
Valuation
LowRealHigh
6.358.179.27
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.240.280.35
Details

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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 Macroaxis Advice on Ellington Residential to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.