How to buy Ellington Residential Mortgage REIT stock | $12.23

Ellington Residential Mortgage REIT is a reit-mortgage business based in the US. Ellington Residential Mortgage REIT shares (EARN) are listed on the NYSE and all prices are listed in US Dollars.

Ellington Residential Mortgage REIT stock price (NYSE: EARN)

Use our graph to track the performance of EARN stocks over time.

Ellington Residential Mortgage REIT shares at a glance

• Key figures

Information last updated 2021-10-17.

Latest market close	$12.23
52-week range	$9.60 - $13.22
50-day moving average	$11.50
200-day moving average	$11.82
Wall St. target price	$12.38
PE ratio	13.1514
Dividend yield	$1.14 (9.63%)
Earnings per share (TTM)	$0.90

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Is it a good time to buy Ellington Residential Mortgage REIT stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Ellington Residential Mortgage REIT price performance over time

Historical closes compared with the close of $12.23 from 2021-10-19

1 week (2021-10-13)	3.82%
1 month (2021-09-20)	7.47%
3 months (2021-07-20)	9.29%
6 months (2021-04-20)	1.07%

1 year (2020-10-20)	8.90%
2 years (2019-10-18)	13.56%
3 years (2018-10-19)	15.70%
5 years (2016-10-20)	12.58

Is Ellington Residential Mortgage REIT under- or over-valued?

Valuing Ellington Residential Mortgage REIT stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ellington Residential Mortgage REIT's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Ellington Residential Mortgage REIT's P/E ratio

Ellington Residential Mortgage REIT's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Ellington Residential Mortgage REIT shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Ellington Residential Mortgage REIT financials

Revenue TTM	$30 million
Operating margin TTM	80.64%
Gross profit TTM	$471,000
Return on assets TTM	0.83%
Return on equity TTM	6.95%
Profit margin	37.03%
Book value	$12.53
Market capitalisation	$152.6 million

TTM: trailing 12 months

Shorting Ellington Residential Mortgage REIT shares

There are currently 108,165 Ellington Residential Mortgage REIT shares held short by investors – that's known as Ellington Residential Mortgage REIT's "short interest". This figure is 42.7% up from 75,798 last month.

There are a few different ways that this level of interest in shorting Ellington Residential Mortgage REIT shares can be evaluated.

Ellington Residential Mortgage REIT's "short interest ratio" (SIR)

Ellington Residential Mortgage REIT's "short interest ratio" (SIR) is the quantity of Ellington Residential Mortgage REIT shares currently shorted divided by the average quantity of Ellington Residential Mortgage REIT shares traded daily (recently around 106044.11764706). Ellington Residential Mortgage REIT's SIR currently stands at 1.02. In other words for every 100,000 Ellington Residential Mortgage REIT shares traded daily on the market, roughly 1020 shares are currently held short.

However Ellington Residential Mortgage REIT's short interest can also be evaluated against the total number of Ellington Residential Mortgage REIT shares, or, against the total number of tradable Ellington Residential Mortgage REIT shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Ellington Residential Mortgage REIT's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Ellington Residential Mortgage REIT shares in existence, roughly 10 shares are currently held short) or 0.0091% of the tradable shares (for every 100,000 tradable Ellington Residential Mortgage REIT shares, roughly 9 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Ellington Residential Mortgage REIT.

Find out more about how you can short Ellington Residential Mortgage REIT stock.

Ellington Residential Mortgage REIT share dividends

Dividend payout ratio: 69.5% of net profits

Recently Ellington Residential Mortgage REIT has paid out, on average, around 69.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 10.16% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ellington Residential Mortgage REIT shareholders could enjoy a 10.16% return on their shares, in the form of dividend payments. In Ellington Residential Mortgage REIT's case, that would currently equate to about $1.14 per share.

Ellington Residential Mortgage REIT's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Ellington Residential Mortgage REIT's most recent dividend payout was on 24 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 27 October 2021 (the "ex-dividend date").

Ellington Residential Mortgage REIT share price volatility

Over the last 12 months, Ellington Residential Mortgage REIT's shares have ranged in value from as little as $9.6018 up to $13.2247. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Ellington Residential Mortgage REIT's is 1.9222. This would suggest that Ellington Residential Mortgage REIT's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Ellington Residential Mortgage REIT overview

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 founded in 2012 and is based in Old Greenwich, Connecticut. .

Frequently asked questions

What percentage of Ellington Residential Mortgage REIT is owned by insiders or institutions?
Currently 2.547% of Ellington Residential Mortgage REIT shares are held by insiders and 38.626% by institutions. When does the fiscal year end for Ellington Residential Mortgage REIT?
Ellington Residential Mortgage REIT's fiscal year ends in December. Where is Ellington Residential Mortgage REIT based?
Ellington Residential Mortgage REIT's address is: 53 Forest Avenue, Old Greenwich, CT, United States, 06870 What is Ellington Residential Mortgage REIT's ISIN number?
Ellington Residential Mortgage REIT's international securities identification number is: US2885781078 What is Ellington Residential Mortgage REIT's CUSIP number?
Ellington Residential Mortgage REIT's Committee on Uniform Securities Identification Procedures number is: 288578107