Ellington Residential Stock Target Price and Analyst Consensus

EARN -  USA Stock  

USD 11.81  0.42  3.43%

The current analyst and expert consensus on Ellington Residential is Strong Buy, with 0 strong sell and 2 strong buy opinions. The current projected Ellington Residential target price consensus is 12.88 with 2 analyst opinions. The most common way Ellington Residential analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Ellington Residential executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Ellington Residential. We encourage you to use your own analysis of Ellington Residential to validate this buy or sell advice. Ellington Residential buy-or-sell recommendation module provides average expert sentiment on the projected Ellington Residential target price to derive its highest and lowest estimates based on projected price volatility of 0.53. Continue to 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.

Ellington Analyst Recommendations 

 
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Gross Profit is expected to rise to about 16.6 M this year, although the value of Profit Margin will most likely fall to 0.93. Ellington Residential Total Liabilities is quite stable at the moment as compared to the past year. The company's current value of Total Liabilities is estimated at 1.25 Billion. Trade and Non Trade Payables is expected to rise to about 1.7 M this year, although the value of Receivables will most likely fall to about 85.5 M.

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 analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ellington target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions2
Lowered Outlook0
Raized Outlook0
Strong Buy
Most Ellington analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ellington stock's fair price compared to its market value. Analysts arrive at stock ratings after researching 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 11.81 and 12.88, 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 20th of October 2021

Low Price11.81Odds
High Price11.93Odds

11.81

Target Price

Analyst Consensus On Ellington Residential Target Price

Low Estimate12.5Odds
High Estimate13.25Odds
Number of Analysts2
Standard Deviation0.53

12.875

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.

Ellington Residential Analyst Ratings

Ellington Residential's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Ellington Residential stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Ellington Residential's financials, market performance, and future outlook by experienced professionals. Ellington Residential's historical ratings below, therefore, can serve as a valuable tool for investors.

Average Consensus Estimates

About Ellington Residential Target Price Projections

Ellington Residential's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Ellington Residential and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Ellington depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Ellington Residential Mortgage
 2017 2020 2021 (projected)
Receivables Turnover0.50.30.27
Interest Coverage1.411.621.75

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, frequently view 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. Please use the tools below to analyze the current value of Ellington Residential in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
11.2012.2013.20
Details
Intrinsic
Valuation
LowReal ValueHigh
11.8412.8413.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ellington Residential. Your research has to be compared to or analyzed against Ellington Residential's peers to derive any actionable benefits. When done correctly, Ellington Residential's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Ellington Residential.

Currently Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index
Invested few shares
Continue to 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. Note that the Ellington Residential information on this page should be used as a complementary analysis to other Ellington Residential's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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The data published in Ellington Residential's official financial statements usually reflect Ellington Residential's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ellington Residential. For example, before you start analyzing numbers published by Ellington accountants, it's critical to develop an understanding of what Ellington Residential's liquidity, profitability, and earnings quality are in the context of the Real Estate space in which it operates.
Please note, the presentation of Ellington Residential's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ellington Residential's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ellington Residential's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ellington Residential Mortgage. Please utilize our Beneish M Score to check the likelihood of Ellington Residential's management to manipulate its earnings.