EARN 📈 Ellington Residential - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2885781078
EARN: Mortgage-backed Securities, Collateralized Mortgage Obligations
Ellington Credit Company, a real estate investment trust, acquires, invests in, and manages 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, such as 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. The company was formerly known as Ellington Residential Mortgage REIT and changed its name to Ellington Credit Company in April 2024. Ellington Credit Company was incorporated in 2012 and is based in Old Greenwich, Connecticut. Web URL: https://www.ellingtoncredit.com
Additional Sources for EARN Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
EARN Stock Overview
| Market Cap in USD | 197m |
| Sector | Financial Services |
| Industry | Asset Management |
| GiC Sub-Industry | Mortgage REITs |
| IPO / Inception | 2013-05-01 |
EARN Stock Ratings
| Growth 5y | 9.42% |
| Fundamental | 19.9% |
| Dividend | 56.9% |
| Rel. Strength Industry | -36.9 |
| Analysts | 3.2/5 |
| Fair Price Momentum | 6.81 USD |
| Fair Price DCF | 1.43 USD |
EARN Dividends
| Dividend Yield 12m | 14.44% |
| Yield on Cost 5y | 16.16% |
| Annual Growth 5y | -4.04% |
| Payout Consistency | 90.1% |
EARN Growth Ratios
| Growth Correlation 3m | 4.4% |
| Growth Correlation 12m | 78.3% |
| Growth Correlation 5y | -22.6% |
| CAGR 5y | 2.29% |
| CAGR/Mean DD 5y | 0.10 |
| Sharpe Ratio 12m | 0.90 |
| Alpha | -23.49 |
| Beta | 1.91 |
| Volatility | 24.04% |
| Current Volume | 463.4k |
| Average Volume 20d | 478.5k |
What is the price of EARN stocks?
As of December 28, 2024, the stock is trading at USD 6.65 with a total of 463,438 shares traded.
Over the past week, the price has changed by +1.37%, over one month by -1.77%, over three months by -1.44% and over the past year by +19.97%.
As of December 28, 2024, the stock is trading at USD 6.65 with a total of 463,438 shares traded.
Over the past week, the price has changed by +1.37%, over one month by -1.77%, over three months by -1.44% and over the past year by +19.97%.
Is Ellington Residential a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Ellington Residential is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 19.90 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of EARN as of December 2024 is 6.81. This means that EARN is currently overvalued and has a potential downside of 2.41%.
Neither. Based on ValueRay Fundamental Analyses, Ellington Residential is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 19.90 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of EARN as of December 2024 is 6.81. This means that EARN is currently overvalued and has a potential downside of 2.41%.
Is EARN a buy, sell or hold?
Ellington Residential has received a consensus analysts rating of 3.20. Therefor, it is recommend to hold EARN.
Ellington Residential has received a consensus analysts rating of 3.20. Therefor, it is recommend to hold EARN.
- Strong Buy: 0
- Buy: 1
- Hold: 4
- Sell: 0
- Strong Sell: 0
What are the forecast for EARN stock price target?
According to ValueRays Forecast Model, EARN Ellington Residential will be worth about 7.8 in December 2025. The stock is currently trading at 6.65. This means that the stock has a potential upside of +17.14%.
According to ValueRays Forecast Model, EARN Ellington Residential will be worth about 7.8 in December 2025. The stock is currently trading at 6.65. This means that the stock has a potential upside of +17.14%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 7.3 | 9% |
| Analysts Target Price | 9.1 | 37.3% |
| ValueRay Target Price | 7.8 | 17.1% |