EARN

Ellington Residential Mortgage REIT [EARN] Stock Forecast

Q: What is Ellington Residential Mortgage REIT stock symbol ?

Ellington Residential Mortgage REIT is a US stock, located in Old greenwich of Ct and trading under the symbol EARN

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EARN Stock Summary

EPS has increased from the previous quarter and is now positive. (Quarter statements)

Became profitable this year

Earnings are expected to fall -104.03% next year

EPS has been decreasing for the past 3 years (Yearly statements)

EARN's dividend payments are not well covered by cash flows due to its high cash payout ratio (298.47%).

EARN has less than 1 year of cash runway

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In the News

05:00 26 Sep 2023 EARN

85 Monthly Paying Dividend Stocks And 80 Funds For August

Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These August U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (85); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.74% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 8/15/23.

01:19 26 Sep 2023 EARN

Ellington Residential Mortgage REIT (EARN) Q2 2023 Earnings Call Transcript

Ellington Residential Mortgage REIT (NYSE:EARN ) Q2 2023 Earnings Conference Call August 11, 2023 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel Larry Penn - Chief Executive Officer Chris Smernoff - Chief Financial Officer Mark Tecotzky - Co-Chief Investment Officer Conference Call Participants Doug Harter - Credit Suisse Mikhail Goberman - JMP Securities Crispin Love - Piper Sandler Eric Hagen - BTIG Matthew Erdner - JonesTrading Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Ellington Residential Mortgage REIT 2023 Second Quarter Financial Results Conference Call.

04:15 26 Sep 2023 EARN

Ellington Residential Mortgage REIT Announces Release Date of Second Quarter 2023 Earnings, Conference Call, and Investor Presentation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended June 30, 2023 after market close on Thursday, August 10, 2023. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Friday, August 11, 2023. To participate in the event by telephone, please dial (800) 267-6316 at least 10 minutes prior to the start time and reference.

09:00 26 Sep 2023 EARN

Stick The Soft Landing

U.S. equity markets advanced to their highest levels of the year on an "inflation week" rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closing at the highest levels since April 2022, the S&P 500 advanced 2.4% this week, while the other major equity benchmarks - the Mid-Cap 400 and Small-Cap 600 - gained 3%. Real estate equities- the sector with perhaps the most potential upside from a "soft landing" scenario- were among the leaders for a third straight week. The Equity REIT Index gained 2.9%.

07:33 26 Sep 2023 EARN

81 Monthly-Paying Dividend Stocks And 80 Funds For June

Imagine stocks or funds that pay out their dividends once a month! Your angst waiting for money is reduced by 300%, or more; unlike waiting for quarterly, semi-annual or (ugh) annual payouts. These May U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (83); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >9.97% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 6/16/23.

03:14 26 Sep 2023 EARN

Readers Reveal 26 Ideal May Dividend Dogs

Prior to May 31, 2023 my readers mentioned 38 equities in their comments on my articles. Some bad-news investments (rogues) mixed with (mostly) favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PM, NRIM, CTRA, PXD, DVN, HTBK, BRSP, VFC, CHK, and PBR, averaged 38.47% net gains from reader data collected 6/14/23. Ten analyst-target-augured May TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: TSN, PM, NRIM, PXD, CTRA, DVN, BRSP, HTBK, CHK, & VSP, boasting a 27.76% average target price upside estimate.

05:04 26 Sep 2023 EARN

83 Monthly-Paying Dividend Stocks And 80 Funds For May

Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These May U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by yield (83); 2. Stocks by price upside (30); 3. Closed-End Investments, Exchange-Traded Funds & Notes (CEICs/ETFs/ETNs) by yield >9.56% (80).

09:00 26 Sep 2023 EARN

Inflation Cools, But Nobody Believes It

U.S. equity markets finished lower for a second-straight week as data showing an encouraging cooldown of inflationary pressures was offset by ongoing regional bank instability and an unresolved debt ceiling standoff. Declining for a second week after ending April at its highest levels of the year, the S&P 500 slipped 0.3% on the week, but the tech-heavy Nasdaq 100 gained nearly 1%.

05:38 26 Sep 2023 EARN

Ellington Residential Mortgage REIT (EARN) Q1 2023 Earnings Call Transcript

Ellington Residential Mortgage REIT (NYSE:EARN ) Q1 2023 Earnings Conference Call May 12, 2023 11:00 AM ET Company Participants Larry Penn - Chief Executive Officer Chris Smernoff - Chief Financial Officer Mark Tecotzky - Co-Chief Investment Officer Conference Call Participants Douglas Harter - Credit Suisse Eric Hagen - BTIG Crispin Love - Piper Sandler Mikhail Goberman - JMP Securities Operator Good morning, ladies and gentlemen. Thank you for standing by.

07:47 26 Sep 2023 EARN

Ellington Residential (EARN) Q1 Earnings and Revenues Lag Estimates

Ellington Residential (EARN) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.30 per share a year ago.

EARN Financial details

Company Rating

Strong Buy

Market Cap

97M

Income

-4.86M

Revenue

24.49M

Book val./share

8.37

Cash/share

3.14

Dividend

0.96

Dividend %

14.95%

Employees

150

Optionable

Shortable

Yes

Earnings

30 Oct 2023

P/E

-18.41

Forward P/E

PEG

7.08

P/S

3.96

P/B

0.77

P/C

2.04

P/FCF

24.21

Quick Ratio

1.47

Current Ratio

1.47

Debt / Equity

LT Debt / Equity

EPS (TTM)

-0.37

EPS next Y

EPS next Q

0.32

EPS this Y

358%

EPS next Y

EPS next 5Y

-441.89%

EPS last 5Y

21.08%

Revenue last 5Y

NAN%

Revenue Q/Q

-25.78%

EPS Q/Q

-130%

SMA20

-14.29%

SMA50

-14.29%

SMA100

-14.29%

Inst Own

20.59%

Inst Trans

0.93%

ROA

ROE

-4%

ROC

Gross Margin

90%

Oper. Margin

15%

Profit Margin

-20%

Payout

-266%

Shs Outstand

15.11M

Shs Float

14.72M

Target Price

52W Range

5.7-8.15

52W High

-20%

52W Low

+28%

RSI

Rel Volume

1.13

Avg Volume

115.61K

Volume

130.79K

Perf Week

-1.54%

Perf Month

-7.25%

Perf Quarter

-10.74%

Perf Half Y

-9.86%

Beta

1.81293

Volatility

0.05%, 0.13%

Prev Close

-0.31%

Price

6.4

Change

-0.31%

EARN Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	-0.45	2.21	2.1	-0.04	1.53
Net income per share	-0.88	1.79	1.63	-0.5	-2.29
Operating cash flow per share	2.25	1.41	1.97	2.2	1.7
Free cash flow per share	2.25	1.41	1.97	2.2	1.7
Cash per share	1.45	2.84	4.71	5.44	2.64
Book value per share	12.01	12.91	13.47	12.16	8.54
Tangible book value per share	12.01	119.2	96.6	125.8	8.54
Share holders equity per share	12.01	12.91	13.47	12.16	8.54
Interest debt per share	2.54	2.83	0.81	0.21	1.13
Market cap	131.06M	135.2M	161.09M	131.78M	90.3M
Enterprise value	112.48M	99.85M	102.92M	62.76M	55.48M
P/E ratio	-11.6	6.07	8.01	-20.89	-2.99
Price to sales ratio	-22.65	4.91	6.21	-236.6	4.47
POCF ratio	4.54	7.71	6.61	4.73	4.03
PFCF ratio	4.54	7.71	6.61	4.73	4.03
P/B Ratio	0.85	0.84	0.97	0.85	0.8
PTB ratio	0.85	0.84	0.97	0.85	0.8
EV to sales	-19.44	3.63	3.97	-112.67	2.75
Enterprise value over EBITDA	5.3	4.49	5.12	-9.95	-3.61
EV to operating cash flow	3.9	5.7	4.22	2.25	2.48
EV to free cash flow	3.9	5.7	4.22	2.25	2.48
Earnings yield	-0.09	0.16	0.12	-0.05	-0.33
Free cash flow yield	0.22	0.13	0.15	0.21	0.25
Debt to equity	0	0	0	0	0
Debt to assets	0	0	0	0	0
Net debt to EBITDA	-0.88	-1.59	-2.89	10.94	2.26
Current ratio	16.47	21.39	71.76	57.03	1.8
Interest coverage	0.65	0.63	2.02	-2.32	-1.04
Income quality	-2.55	0.79	1.21	-4.42	-0.74
Dividend Yield	0.15	0.11	0.09	0.13	0.15
Payout ratio	-1.69	0.69	0.69	-2.74	-0.46
Sales general and administrative to revenue	-0.59	0.12	0.13	-6.28	0.14
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	-0.04	0.01	0.01	-0.49	0.02
Graham number	15.43	22.78	22.21	11.67	21
ROIC	0.14	0.14	0.12	-0.04	-0.14
Return on tangible assets	-0.01	0.01	0.02	0	-0.03
Graham Net	-111.25	5.25	7.74	10.73	-65.69
Working capital	97.55M	76.7M	108.54M	159.35M	40.06M
Tangible asset value	153.82M	1.49B	1.19B	1.6B	112.41M
Net current asset value	-1.42B	76.7M	108.54M	159.35M	-850.81M
Invested capital	0	0	0	0	0
Average receivables	79M	74.48M	48.51M	72.54M	74.38M
Average payables	5.06M	5.03M	2.65M	2.19M	26.6M
Average inventory	0	0	0	0	0
Days sales outstanding	-6.55K	597.8	730.51	-61.05K	1.01K
Days payables outstanding	1.85K	1.05K	431.7	790	12.81K
Days of inventory on hand	0	0	0	0	0
Receivables turnover	-0.06	0.61	0.5	-0.01	0.36
Payables turnover	0.2	0.35	0.85	0.46	0.03
Inventory turnover	0	0	0	0	0
ROE	-0.07	0.14	0.12	-0.04	-0.27
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2023-06-30 for Q2

Metric	2022-06-30	2022-09-30	2022-12-31	2023-03-31	2023-06-30
Revenue per share	-0.72	0.39	0.97	0.27	0.19
Net income per share	-0.82	-1.04	0.88	-0.3	0.09
Operating cash flow per share	0.54	0.32	0.32	-0.17	-0.14
Free cash flow per share	0.54	0.32	0.32	-0.17	-0.14
Cash per share	2.86	1.93	2.62	2.68	3.14
Book value per share	9.05	7.84	8.46	8.41	8.37
Tangible book value per share	9.05	7.84	8.46	8.41	73.9
Share holders equity per share	9.05	7.84	8.46	8.41	8.37
Interest debt per share	0.15	0.32	0.56	0.71	0.84
Market cap	97.91M	81.12M	91.15M	99.77M	100.48M
Enterprise value	60.43M	55.71M	56.34M	63.11M	56.76M
P/E ratio	-2.28	-1.48	1.95	-6.13	20.88
Price to sales ratio	-10.38	15.63	7.04	27.39	37.17
POCF ratio	13.72	19.42	21.65	-41.87	-50.29
PFCF ratio	13.72	19.42	21.65	-41.87	-50.29
P/B Ratio	0.83	0.79	0.81	0.87	0.86
PTB ratio	0.83	0.79	0.81	0.87	0.86
EV to sales	-6.41	10.74	4.35	17.33	21
Enterprise value over EBITDA	-6.89	-5.92	2.94	-65.47	47.19
EV to operating cash flow	8.47	13.34	13.38	-26.48	-28.41
EV to free cash flow	8.47	13.34	13.38	-26.48	-28.41
Earnings yield	-0.11	-0.17	0.13	-0.04	0.01
Free cash flow yield	0.07	0.05	0.05	-0.02	-0.02
Debt to equity	0	0	0	0	0
Debt to assets	0	0	0	0	0
Net debt to EBITDA	4.27	2.7	-1.82	38.03	-36.34
Current ratio	4.02	2.72	1.8	0.83	1.47
Interest coverage	-4.45	-2.2	2.56	-0.76	0.1
Income quality	-0.66	-0.31	0.36	-1.02	-1.66
Dividend Yield	0.04	0.04	0.03	0.03	0.03
Payout ratio	-0.34	-0.23	0.27	-0.8	2.77
Sales general and administrative to revenue	-0.08	0.13	0.05	0.08	0.27
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	-0.01	0.02	0.01	0.01	0.03
Graham number	12.92	13.54	12.94	7.51	4.03
ROIC	-0.07	-0.09	0.17	0.11	0.01
Return on tangible assets	-0.01	-0.01	0.01	0	0
Graham Net	-68.94	-73.48	-65.08	-65.62	1.17
Working capital	62.24M	79.94M	40.06M	-8M	25.29M
Tangible asset value	118.63M	103.01M	112.41M	114.98M	1.03B
Net current asset value	-920.32M	-959.83M	-850.81M	-968.86M	25.29M
Invested capital	0	0	0	0	0
Average receivables	196.83M	104.63M	91M	78.17M	68.22M
Average payables	22.2M	33.54M	48.41M	49.25M	51.13M
Average inventory	0	0	0	0	0
Days sales outstanding	-790.57	2.19K	386.39	2.49K	1.19K
Days payables outstanding	5.22K	11.84K	3.16K	12.38K	13.09K
Days of inventory on hand	0	0	0	0	0
Receivables turnover	-0.11	0.04	0.23	0.04	0.08
Payables turnover	0.02	0.01	0.03	0.01	0.01
Inventory turnover	0	0	0	0	0
ROE	-0.09	-0.13	0.1	-0.04	0.01
Capex per share	0	0	0	0	0

EARN Dividend History

EARN Frequently Asked Questions

What is Ellington Residential Mortgage REIT stock symbol ?

Ellington Residential Mortgage REIT is a US stock , located in Old greenwich of Ct and trading under the symbol EARN

What is Ellington Residential Mortgage REIT stock quote today ?

Ellington Residential Mortgage REIT stock price is $6.4 today.

Is Ellington Residential Mortgage REIT stock public?

Yes, Ellington Residential Mortgage REIT is a publicly traded company.

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Company Profile

Volume Average 115.61K
Market Capitalization 97M
Employee 150
CEO Mr. Laurence Eric Penn
Headquarters Old Greenwich,CT,US
IPO Date 2013-05-01
Website https://www.earnreit.com

Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), including agency pools and agency collateralized mortgage obligations (CMOs); and non-agency RMBS comprising non-agency CMOs, such as investment grade and non-investment grade. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Ellington Residential Mortgage REIT was incorporated in 2012 and is based in Old Greenwich, Connecticut.