How to buy Ellington Residential Mortgage REIT stock | $12.16

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.

How to buy shares in Ellington Residential Mortgage REIT

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Ellington Residential Mortgage REIT. Find the stock by name or ticker symbol: EARN. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Ellington Residential Mortgage REIT reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$12.16, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Ellington Residential Mortgage REIT, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Ellington Residential Mortgage REIT. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Ellington Residential Mortgage REIT share price

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 2020-12-27.

Latest market close	USD$12.16
52-week range	USD$2.4451 - USD$12.75
50-day moving average	USD$12.1642
200-day moving average	USD$11.2173
Wall St. target price	USD$12.75
PE ratio	6.9796
Dividend yield	USD$1.12 (8.86%)
Earnings per share (TTM)	USD$1.811

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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.

Technical Analysis of Ellington Residential Mortgage REIT by TradingView

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 $12.16 from 2021-01-11

1 week (2021-01-09)	N/A
1 month (2020-12-18)	-4.55%
3 months (2020-10-16)	8.28%
6 months (2020-07-17)	17.26%

1 year (2020-01-17)	11.46%
2 years (2019-01-18)	8.47%
3 years (2018-01-18)	6.29%
5 years (2016-01-16)	N/A

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 7x. In other words, Ellington Residential Mortgage REIT shares trade at around 7x 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	USD$600,000
Gross profit TTM	USD$-12,967,000
Return on assets TTM	1.53%
Return on equity TTM	14.15%
Profit margin	3737.33%
Book value	$13.166
Market capitalisation	USD$155.9 million

TTM: trailing 12 months

Shorting Ellington Residential Mortgage REIT shares

There are currently 281,030 Ellington Residential Mortgage REIT shares held short by investors – that's known as Ellington Residential Mortgage REIT's "short interest". This figure is 4.8% down from 295,347 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 46916.52754591). Ellington Residential Mortgage REIT's SIR currently stands at 5.99. In other words for every 100,000 Ellington Residential Mortgage REIT shares traded daily on the market, roughly 5990 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 0.02% of the outstanding shares (for every 100,000 Ellington Residential Mortgage REIT shares in existence, roughly 20 shares are currently held short) or 0.0314% of the tradable shares (for every 100,000 tradable Ellington Residential Mortgage REIT shares, roughly 31 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly 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: 97.39% of net profits

Recently Ellington Residential Mortgage REIT has paid out, on average, around 97.39% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.86% 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 8.86% return on their shares, in the form of dividend payments. In Ellington Residential Mortgage REIT's case, that would currently equate to about $1.12 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 25 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2020 (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 $2.4451 up to $12.75. 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 1.9328. 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 2.532% of Ellington Residential Mortgage REIT shares are held by insiders and 66.224% 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