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Ellington Residential Mortgage REIT EARN
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 6.62
0.455 %
$ 193 M
Market Cap
5.3
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one EARN stock under the worst case scenario is HIDDEN Compared to the current market price of 6.62 USD, Ellington Residential Mortgage REIT is HIDDEN

EARN Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one EARN stock under the base case scenario is HIDDEN Compared to the current market price of 6.62 USD, Ellington Residential Mortgage REIT is HIDDEN

EARN Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one EARN stock under the best case scenario is HIDDEN Compared to the current market price of 6.62 USD, Ellington Residential Mortgage REIT is HIDDEN

EARN Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart EARN

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1M 4%
6M -2%
1Y 24%
3Y -6%
5Y 12%
All
FINANCIALS
-65 K REVENUE
-0.32%
Growth Rates
1Year -0.32%
3Years -0.08%
5Years 59.25%
7Years -0.05%
10Years -0.27%
-4.12 M OPERATING INCOME
73.22%
Growth Rates
1Year 73.22%
3Years -6.41%
5Years -3.61%
7Years -2.49%
10Years -16.50%
4.56 M NET INCOME
115.10%
Growth Rates
1Year 115.10%
3Years -39.03%
5Years 19.17%
7Years -12.81%
10Years 15.92%
-10 M OPERATING CASH FLOW
-44.71%
Growth Rates
1Year -44.71%
3Years -12.17%
5Years -6.14%
7Years -5.99%
10Years -3.37%
85.7 M INVESTING CASH FLOW
-22.46%
Growth Rates
1Year -22.46%
3Years -34.43%
5Years 6.41%
7Years 29.73%
10Years 7.49%
-72 M FINANCING CASH FLOW
56.94%
Growth Rates
1Year 56.94%
3Years 38.24%
5Years 11.04%
7Years -8.58%
10Years -0.48%
4.75 M REVENUE
21.94%
Growth Rates
1Year -0.32%
3Years -0.08%
5Years 59.25%
7Years -0.05%
10Years -0.27%
3.34 M OPERATING INCOME
19.06%
Growth Rates
1Year 73.22%
3Years -6.41%
5Years -3.61%
7Years -2.49%
10Years -16.50%
5.44 M NET INCOME
768.10%
Growth Rates
1Year 115.10%
3Years -39.03%
5Years 19.17%
7Years -12.81%
10Years 15.92%
3.24 M OPERATING CASH FLOW
21.39%
Growth Rates
1Year -44.71%
3Years -12.17%
5Years -6.14%
7Years -5.99%
10Years -3.37%
46.4 M INVESTING CASH FLOW
-55.18%
Growth Rates
1Year -22.46%
3Years -34.43%
5Years 6.41%
7Years 29.73%
10Years 7.49%
-143 M FINANCING CASH FLOW
-1359.10%
Growth Rates
1Year 56.94%
3Years 38.24%
5Years 11.04%
7Years -8.58%
10Years -0.48%
Balance Sheet Ellington Residential Mortgage REIT
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Current Assets 97.4 M
Cash & Short-Term Investments 38.5 M
Receivables 58.9 M
Other Current Assets 0
Non-Current Assets 1.51 B
Long-Term Investments 774 M
PP&E 0
Other Non-Current Assets 741 M
Current Liabilities 69.3 M
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 69.3 M
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Ellington Residential Mortgage REIT
image
Revenue -65 K
Cost Of Revenue 0
Gross Profit -65 K
Operating Expenses 4.05 M
Operating Income -4.12 M
Other Expenses -8.68 M
Net Income 4.56 M
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 176.27%
5Years 143.81%
7Years 133.32%
10Years 117.75%
6335.38% OPERATING MARGIN
6335.38%
Averages
1Year 6335.38%
3Years 2463.96%
5Years 1510.04%
7Years 1050.64%
10Years 842.52%
-7013.85% NET MARGIN
-7013.85%
Averages
1Year -7013.85%
3Years -2010.26%
5Years -1174.49%
7Years -801.69%
10Years -546.71%
3.35% ROE
3.35%
Averages
1Year 3.35%
3Years -9.20%
5Years -0.34%
7Years -0.49%
10Years 1.49%
0.48% ROA
0.48%
Averages
1Year 0.48%
3Years -0.93%
5Years 0.08%
7Years 0.04%
10Years 0.22%
-3.02% ROIC
-3.02%
Averages
1Year -3.02%
3Years -17.57%
5Years -5.04%
7Years -1.33%
10Years -3597.58%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Ellington Residential Mortgage REIT
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Net Income 4.56 M
Depreciation & Amortization 53.9 M
Capital Expenditures 0
Stock-Based Compensation 255 K
Change in Working Capital -2.95 M
Others -13 M
Free Cash Flow -10 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Ellington Residential Mortgage REIT
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Wall Street analysts predict an average 1-year price target for EARN of $8 , with forecasts ranging from a low of $8 to a high of $8 .
EARN Lowest Price Target Wall Street Target
8 USD 20.85%
EARN Average Price Target Wall Street Target
8 USD 20.85%
EARN Highest Price Target Wall Street Target
8 USD 20.85%
4. DIVIDEND ANALYSIS
3.29% DIVIDEND YIELD
0.08 USD DIVIDEND PER SHARE
5. COMPETITION

Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States.

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-52.5 USD
DX
Overvalued 512.00%

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS.

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-43.2 USD
ORC
Overvalued 639.14%

ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.

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78.7 USD
ARR
Undervalued 321.97%

Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments.

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-36.8 USD
RC
Overvalued 622.24%

Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States.

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-529 USD
EFC
Overvalued 4311.35%

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States.

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-21.2 USD
ARI
Overvalued 335.00%

KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring senior loans secured by commercial real estate (CRE) assets.

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-45.7 USD
KREF
Overvalued 530.95%

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States.

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47.8 USD
TWO
Undervalued 300.18%
6. Ownership
Insider Ownership Ellington Residential Mortgage REIT
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 years ago
Jun 17, 2021
Sell 34.2 M USD
Blackstone Holdings III L.P.
10 percent owner
- 2675000
 12.8 USD
4 years ago
Jun 15, 2020
Bought 2.02 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 200
 10.09 USD
4 years ago
Jun 12, 2020
Bought 150 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 14633
 10.23 USD
4 years ago
Jun 11, 2020
Bought 320 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 32179
 9.95 USD
4 years ago
Jun 04, 2020
Bought 26.8 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 2703
 9.91 USD
4 years ago
Jun 03, 2020
Bought 174 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 17637
 9.89 USD
4 years ago
Jun 02, 2020
Bought 257 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 26331
 9.75 USD
4 years ago
Jun 01, 2020
Bought 192 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 19700
 9.77 USD
4 years ago
May 29, 2020
Bought 225 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 23569
 9.55 USD
4 years ago
May 28, 2020
Bought 228 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 23569
 9.68 USD
4 years ago
May 27, 2020
Bought 147 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 15200
 9.69 USD
4 years ago
May 26, 2020
Bought 120 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 12300
 9.73 USD
4 years ago
May 22, 2020
Bought 116 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 12300
 9.42 USD
6 years ago
Nov 26, 2018
Bought 48.9 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 4421
 11.06 USD
6 years ago
Nov 21, 2018
Bought 64.1 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 5810
 11.04 USD
6 years ago
Nov 20, 2018
Bought 492 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 45126
 10.9 USD
6 years ago
Nov 19, 2018
Bought 69.9 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 6399
 10.92 USD
6 years ago
Nov 16, 2018
Bought 106 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 9760
 10.88 USD
6 years ago
Nov 15, 2018
Bought 43.1 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 4001
 10.78 USD
6 years ago
Nov 14, 2018
Bought 162 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 14911
 10.84 USD
6 years ago
Nov 13, 2018
Bought 75.5 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 7000
 10.79 USD
6 years ago
Aug 20, 2018
Bought 88.7 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 7603
 11.67 USD
6 years ago
Aug 17, 2018
Bought 14.9 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 1297
 11.5 USD
6 years ago
Aug 16, 2018
Bought 204 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 17799
 11.44 USD
6 years ago
Aug 15, 2018
Bought 167 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 14725
 11.34 USD
6 years ago
Aug 14, 2018
Bought 143 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 12724
 11.25 USD
6 years ago
Aug 13, 2018
Bought 185 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 16468
 11.23 USD
6 years ago
Aug 10, 2018
Bought 120 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 10690
 11.21 USD
6 years ago
Jun 01, 2018
Bought 79.6 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 6939
 11.47 USD
6 years ago
May 31, 2018
Bought 91.6 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 7905
 11.59 USD
6 years ago
May 30, 2018
Bought 53.4 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 4600
 11.61 USD
6 years ago
May 29, 2018
Bought 55.8 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 4830
 11.56 USD
6 years ago
May 25, 2018
Bought 125 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 10811
 11.52 USD
6 years ago
May 24, 2018
Bought 132 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 11515
 11.42 USD
6 years ago
May 23, 2018
Bought 37 K USD
SIMON RONALD I
Director
+ 3224
 11.47 USD
6 years ago
May 22, 2018
Bought 6.06 K USD
SIMON RONALD I
Director
+ 537
 11.28 USD
6 years ago
May 23, 2018
Bought 83.2 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 7254
 11.47 USD
6 years ago
May 22, 2018
Bought 97.4 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 8616
 11.3 USD
6 years ago
May 21, 2018
Bought 159 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 14132
 11.25 USD
6 years ago
May 18, 2018
Bought 98.3 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 8820
 11.15 USD
6 years ago
May 17, 2018
Bought 90.5 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 8100
 11.17 USD
6 years ago
May 16, 2018
Bought 174 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 15494
 11.21 USD
6 years ago
May 15, 2018
Bought 108 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 9600
 11.24 USD
6 years ago
May 14, 2018
Bought 134 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 11909
 11.26 USD
6 years ago
May 11, 2018
Bought 216 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 19475
 11.11 USD
6 years ago
May 09, 2018
Bought 27 K USD
SIMON RONALD I
Director
+ 2500
 10.81 USD
6 years ago
May 09, 2018
Bought 163 K USD
Penn Laurence
CEO and President
+ 15000
 10.88 USD
6 years ago
Mar 16, 2018
Bought 30.9 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 2700
 11.43 USD
6 years ago
Mar 15, 2018
Bought 129 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 11278
 11.42 USD
6 years ago
Mar 12, 2018
Bought 89.6 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 7841
 11.43 USD
6 years ago
Mar 09, 2018
Bought 230 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 20536
 11.2 USD
6 years ago
Mar 08, 2018
Bought 120 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 10855
 11.01 USD
6 years ago
Mar 07, 2018
Bought 148 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 13609
 10.9 USD
6 years ago
Mar 06, 2018
Bought 195 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 18002
 10.81 USD
8 years ago
Mar 17, 2016
Bought 30.4 K USD
SIMON RONALD I
Director
+ 2500
 12.17 USD
8 years ago
Feb 18, 2016
Bought 34.7 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 2938
 11.8 USD
8 years ago
Feb 17, 2016
Bought 29.6 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 2527
 11.7 USD
8 years ago
Feb 16, 2016
Bought 24.5 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 2140
 11.44 USD
8 years ago
Feb 12, 2016
Bought 439 USD
Tecotzky Mark
Co-Chief Investment Officer
+ 40
 10.97 USD
8 years ago
Feb 11, 2016
Bought 3.7 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 340
 10.88 USD
8 years ago
Feb 12, 2016
Bought 1.76 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 160
 10.97 USD
8 years ago
Feb 11, 2016
Bought 14.8 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1360
 10.88 USD
8 years ago
Feb 12, 2016
Bought 1.1 K USD
Penn Laurence
CEO and President
+ 100
 10.97 USD
8 years ago
Feb 11, 2016
Bought 9.25 K USD
Penn Laurence
CEO and President
+ 850
 10.88 USD
8 years ago
Feb 10, 2016
Bought 8.74 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 800
 10.92 USD
8 years ago
Feb 09, 2016
Bought 18.2 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1665
 10.94 USD
8 years ago
Feb 10, 2016
Bought 5.46 K USD
Penn Laurence
CEO and President
+ 500
 10.92 USD
8 years ago
Feb 09, 2016
Bought 11.3 K USD
Penn Laurence
CEO and President
+ 1034
 10.94 USD
8 years ago
Feb 10, 2016
Bought 2.18 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 200
 10.92 USD
8 years ago
Feb 09, 2016
Bought 4.53 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 414
 10.94 USD
8 years ago
Feb 08, 2016
Bought 21.2 K USD
Penn Laurence
CEO and President
+ 1895
 11.2 USD
8 years ago
Feb 05, 2016
Bought 7.31 K USD
Penn Laurence
CEO and President
+ 637
 11.48 USD
8 years ago
Feb 08, 2016
Bought 8.48 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 757
 11.2 USD
8 years ago
Feb 05, 2016
Bought 2.93 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 255
 11.48 USD
8 years ago
Feb 08, 2016
Bought 33.9 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 3030
 11.2 USD
8 years ago
Feb 05, 2016
Bought 11.7 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1019
 11.48 USD
8 years ago
Feb 04, 2016
Bought 11.6 K USD
Penn Laurence
CEO and President
+ 1000
 11.59 USD
8 years ago
Feb 03, 2016
Bought 9.9 K USD
Penn Laurence
CEO and President
+ 854
 11.59 USD
8 years ago
Feb 04, 2016
Bought 4.62 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 399
 11.59 USD
8 years ago
Feb 03, 2016
Bought 3.96 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 342
 11.59 USD
8 years ago
Feb 04, 2016
Bought 18.5 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1600
 11.59 USD
8 years ago
Feb 03, 2016
Bought 15.8 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1366
 11.59 USD
8 years ago
Feb 02, 2016
Bought 7.98 K USD
Penn Laurence
CEO and President
+ 701
 11.39 USD
8 years ago
Feb 01, 2016
Bought 4.56 K USD
Penn Laurence
CEO and President
+ 399
 11.44 USD
8 years ago
Feb 02, 2016
Bought 12.8 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1122
 11.39 USD
8 years ago
Feb 01, 2016
Bought 7.3 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 638
 11.44 USD
8 years ago
Feb 02, 2016
Bought 3.2 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 281
 11.39 USD
8 years ago
Feb 01, 2016
Bought 1.82 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 159
 11.44 USD
8 years ago
Jan 29, 2016
Bought 44.7 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 3960
 11.3 USD
8 years ago
Jan 28, 2016
Bought 22.6 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 2042
 11.07 USD
8 years ago
Jan 29, 2016
Bought 11.2 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 990
 11.3 USD
8 years ago
Jan 28, 2016
Bought 5.65 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 510
 11.07 USD
8 years ago
Jan 29, 2016
Bought 28 K USD
Penn Laurence
CEO and President
+ 2475
 11.3 USD
8 years ago
Jan 28, 2016
Bought 14.1 K USD
Penn Laurence
CEO and President
+ 1277
 11.07 USD
8 years ago
Jan 27, 2016
Bought 17 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1545
 11.03 USD
8 years ago
Jan 26, 2016
Bought 25.4 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 2356
 10.79 USD
8 years ago
Jan 27, 2016
Bought 10.6 K USD
Penn Laurence
CEO and President
+ 965
 11.03 USD
8 years ago
Jan 26, 2016
Bought 15.9 K USD
Penn Laurence
CEO and President
+ 1473
 10.79 USD
8 years ago
Jan 27, 2016
Bought 4.26 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 386
 11.03 USD
8 years ago
Jan 26, 2016
Bought 6.36 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 589
 10.79 USD
9 years ago
Jan 22, 2016
Bought 6.22 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 580
 10.72 USD
9 years ago
Jan 22, 2016
Bought 15.5 K USD
Penn Laurence
CEO and President
+ 1450
 10.72 USD
9 years ago
Jan 22, 2016
Bought 24.9 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 2320
 10.72 USD
9 years ago
Jan 20, 2016
Bought 29.6 K USD
Penn Laurence
CEO and President
+ 2945
 10.04 USD
9 years ago
Jan 20, 2016
Bought 11.8 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 1178
 10.04 USD
9 years ago
Jan 20, 2016
Bought 47.3 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 4713
 10.04 USD
9 years ago
Jan 15, 2016
Bought 23.1 K USD
Penn Laurence
CEO and President
+ 2155
 10.72 USD
9 years ago
Jan 15, 2016
Bought 9.24 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 862
 10.72 USD
9 years ago
Jan 15, 2016
Bought 37 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 3447
 10.72 USD
9 years ago
Dec 03, 2015
Bought 62 K USD
Miller David
Director
+ 4801
 12.92 USD
9 years ago
Dec 02, 2015
Bought 1.3 K USD
Miller David
Director
+ 100
 13 USD
9 years ago
Nov 17, 2015
Bought 49.1 K USD
Miller David
Director
+ 3786
 12.97 USD
9 years ago
Nov 16, 2015
Bought 16.9 K USD
Miller David
Director
+ 1313
 12.86 USD
9 years ago
Nov 10, 2015
Bought 268 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 20346
 13.16 USD
9 years ago
Nov 09, 2015
Bought 717 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 56152
 12.77 USD
9 years ago
Nov 06, 2015
Bought 624 K USD
Blackstone Holdings III L.P.
10 percent owner
+ 50000
 12.47 USD
11 years ago
Aug 29, 2013
Bought 22.5 K USD
SIMON RONALD I
Director
+ 1500
 15.0295 USD
11 years ago
May 08, 2013
Bought 68.1 K USD
SIMON RONALD I
Director
+ 3500
 19.46 USD
7. News
86 MoPay Dividend Stocks, 80 Funds And 25 'Safer' Buys From December December's MoPay equities offer high-yield, volatile bargains with dividends from $1K investments exceeding share prices, making now an opportune time to buy. Top ten MoPay stocks could net 13.37% to 38.38% gains by December 2025, based on analyst target prices and dividends. Analysts' estimates show a 21.81% average net gain for $1K invested in each of the top ten MoPay stocks, with 16% higher risk/volatility. seekingalpha.com - 2 weeks ago
Ellington Credit: High Yield Is Not A Red Flag Ellington Credit is transitioning from a mortgage REIT to a closed-end fund focusing on CLOs to achieve higher risk-adjusted returns. The company's 15% dividend yield is well-covered by distributable earnings, making it an attractive option for passive income investors. Ellington Credit is selling at a discount to book value, offering a buying opportunity as the portfolio transformation progresses. seekingalpha.com - 3 weeks ago
Ellington Credit: Still Waiting For Approval To Transition To A CEF (Rating Downgrade) Ellington Credit Company is attempting to transition from an REIT to a CEF, facing challenges in obtaining shareholder approval despite strong support. The company issued “mirror preferred” shares to amplify voting power and plans to hold another special shareholder meeting in early 2025. The transition aims to avoid double taxation on CLO investments and improve net interest margins, but delays could impact 2025 tax liabilities. seekingalpha.com - 1 month ago
Ellington Credit Prepares for Special Meeting and Issues Mirror Preferred Stock OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (the “Company”) (NYSE: EARN) announced today that its Board of Trustees intends to call a special meeting of shareholders in early 2025 (the “Special Meeting”), to approve its previously announced conversion to a Delaware registered closed-end fund to be treated as a regulated investment company under the Internal Revenue Code, focused on corporate CLO investments (the “Conversion”). In conjunction with the Special Meeting, the Com. businesswire.com - 1 month ago
Ellington Credit Declares Monthly Common Dividend OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on January 27, 2025 to shareholders of record as of December 31, 2024. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwar. businesswire.com - 1 month ago
Ellington Credit (EARN) Recently Broke Out Above the 50-Day Moving Average Ellington Credit (EARN) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, EARN broke through the 50-day moving average, which suggests a short-term bullish trend. zacks.com - 1 month ago
Ellington Credit Sets Date for its Annual Meeting of Shareholders OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its 2024 Annual Meeting of Shareholders (the "Annual Meeting") will be held on Wednesday, December 4, 2024, at 10:00 am, Eastern Time, via live webcast at www.virtualshareholdermeeting.com/EARN2024. As of the close of business yesterday, over 92% of votes received have been cast in favor of each of the proposals that would allow the Company to convert to a closed-end investment comp. businesswire.com - 1 month ago
Ellington Credit Company (EARN) Q3 2024 Earnings Call Transcript Ellington Credit Company (NYSE:EARN ) Q3 2024 Earnings Conference Call November 13, 2024 1:00 PM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel Larry Penn - Chief Executive Officer Mark Tecotzky - Co-Chief Investment Officer Chris Smernoff - Chief Financial Officer Greg Borenstein - Head of Corporate Credit, Ellington Management Group Conference Call Participants Douglas Harter - UBS Jason Weaver - Jones Trading Operator Good afternoon, ladies and gentlemen. Thank you for standing by. seekingalpha.com - 2 months ago
Ellington Credit (EARN) Q3 Earnings Beat Estimates Ellington Credit (EARN) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.21 per share a year ago. zacks.com - 2 months ago
Ellington Credit Company Reports Third Quarter 2024 Results OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we", "us," or "our") today reported financial results for the quarter ended September 30, 2024. Highlights Net income (loss) of $5.4 million, or $0.21 per share. Adjusted Distributable Earnings1 of $7.2 million, or $0.28 per share. Book value of $6.85 per share as of September 30, 2024, which includes the effects of dividends of $0.24 per share for the quarter. Net interest margin2 of 9.65% on credit, 3.52% on Agency. businesswire.com - 2 months ago
Ellington Credit Declares Monthly Common Dividend OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on December 26, 2024 to shareholders of record as of November 29, 2024. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwa. businesswire.com - 2 months ago
Ellington Credit Postpones its Annual Meeting of Shareholders OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced the postponement of its 2024 Annual Meeting of Shareholders (the "Annual Meeting"), scheduled for October 30, 2024. The Annual Meeting is being postponed to provide the Company further time to solicit proxies from the Company's shareholders. The rescheduled date for the Annual Meeting will be determined by the Company's Board of Trustees (the “Board”) in accordance with the applicable pr. businesswire.com - 2 months ago
8. Profile Summary

Ellington Residential Mortgage REIT EARN

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COUNTRY US
INDUSTRY REIT - Mortgage
MARKET CAP $ 193 M
Dividend Yield 3.29%
Description 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.
Contact 53 Forest Avenue, Old Greenwich, CT, 06870 https://www.earnreit.com
IPO Date May 1, 2013
Employees 150
Officers Mr. J. R. Herlihy Chief Operating Officer Mr. Vincent Ambrico Controller Mr. Laurence Eric Penn Chief Executive Officer, President & Trustee Mr. Alaael-Deen Shilleh Associate General Counsel & Secretary Mr. Michael William Vranos Co-Chief Investment Officer & Trustee Mr. Daniel Reuven Margolis J.D. General Counsel Mr. Mark Ira Tecotzky Co-Chief Investment Officer