Ellington Residential Mortgage REIT | REIT Profile
Symbol: EARN
CIK: 1560672
Exchange: NYSE
Founded: 2012 (13 years)
HQ: Old Greenwich, CT, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Mortgage
See EARN on Yahoo Finance
See EARN on SEC.gov
 |
 |
Ellington Residential Mortgage REIT ("EARN") is a mortgage real estate investment trust or "REIT" that specializes in acquiring, investing in and managing residential mortgage- and real estate-related assets, with a primary focus on residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government-sponsored enterprise. EARN is externally managed and advised by Ellington Residential Mortgage Management LLC, an affiliate of Ellington Management Group, L.L.C. ("Ellington,") and was formed through an initial strategic venture between Ellington and a group of funds managed by an affiliate of The Blackstone Group LP.
Stock Chart
REITMovers
REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.
| Latest Price | High | Low | Open | Previous Close | Volume | Change $ | Change % |
|---|---|---|---|---|---|---|---|
| $5.69 | $5.72 | $5.62 | $5.65 | $5.62 | 541,787 | $0.07 | 1.25% |
Last update: 2025-04-29 12:57:15 PST
REITRating™ Trend
REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.
Dividend of Trading Day 2025-04-29
Annualized Dividend: $0.32*
Dividend Yield (TTM): 5.7%
Annualized Dividend (TTM): $0.32
Ex-Dividend Date: 2025-04-30
Dividend Date: 2025-05-27
Dividend Frequency: Monthly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest REIT Press Releases
- Ellington Residential Declares Monthly Common Dividend - Thu, 07 Mar 2024 21:36:26 UTC
- Ellington Residential Mortgage REIT Reports Fourth Quarter 2023 Results - Thu, 07 Mar 2024 00:24:43 UTC
- Ellington Residential Declares Monthly Common Dividend - Wed, 07 Feb 2024 22:27:16 UTC
- Ellington Residential Mortgage REIT Announces the Income Tax Treatment of its 2023 Distributions - Thu, 01 Feb 2024 14:05:24 UTC
- Ellington Residential Declares Monthly Common Dividend - Mon, 08 Jan 2024 22:45:00 UTC
Key Stats of Trading Day 2025-04-29
EBITDA: N/A
P/E Ratio: 20.32
PEG Ratio: -1.79
Book Value: 6.53
Dividend Per Share: $0.96
EPS: 0.28
Revenue Per Share TTM: $1.75
ProfitMargin: 16.00%
Operating Margin TTM: 92.20%
Return on Equity TTM: 4.00%
Revenue TTM: $41,240,000
Gross Profit TTM: $41,240,000
Diluted EPS TTM: $0.28
Quarterly Earnings Growth YOY: 18.50%
Quarterly Revenue Growth YOY: -77.60%
Trailing P/E: 20.32
Forward P/E: 4.70
Beta: 1.77
Price to Book Ratio: 1.10
EV to Revenue: 12.01
EV to EBITDA: N/A
Shares Outstanding: N/A
52 Week High: $6.65
52 Week Low: $4.33
50 Day Moving Average: $5.77
200 Day Moving Average: $6.52
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $11.00 per share you would have been able to buy 90 shares of EARN on 2024-04-29 costing $990.00 | @ $11.00 per share you would have been able to buy 45 shares of EARN on 2024-04-29 costing $495.00 | @ $11.00 per share you would have been able to buy 22 shares of EARN on 2024-04-29 costing $242.00 | @ $11.00 per share you would have been able to buy 9 shares of EARN on 2024-04-29 costing $99.00 | @ $11.00 per share you would have been able to buy 4 shares of EARN on 2024-04-29 costing $44.00 |
| Current worth | On 2024-07-05 these 90 shares would be worth $622.80 @ $6.92 | On 2024-07-05 these 45 shares would be worth $311.40 @ $6.92 | On 2024-07-05 these 22 shares would be worth $152.24 @ $6.92 | On 2024-07-05 these 9 shares would be worth $62.28 @ $6.92 | On 2024-07-05 these 4 shares would be worth $27.68 @ $6.92 |
| Dividends earned | $93.60 in dividends would have been earned since 2024-04-29 with 90 shares. | $47 in dividends would have been earned since 2024-04-29 with 45 shares. | $22.88 in dividends would have been earned since 2024-04-29 with 22 shares. | $9.36 in dividends would have been earned since 2024-04-29 with 9 shares. | $4.16 in dividends would have been earned since 2024-04-29 with 45 shares. |
| Net (gain / loss)* | -273.60 USD | -136.80 USD | -66.88 USD | -27.36 USD | -12.16 USD |
| ROI** | -27.64% | -27.64% | -27.64% | -27.64% | -27.64% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
Below are the most recent cash dividends paid by EARN. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| EARN | 2025-04-30 | 0.080 | --- | 2025-04-03 | 2025-04-30 | 2025-05-27 |
| EARN | 2025-03-31 | 0.080 | --- | 2025-03-07 | 2025-03-31 | 2025-04-25 |
| EARN | 2025-02-28 | 0.080 | --- | 2025-02-10 | 2025-02-28 | 2025-03-25 |
| EARN | 2025-01-31 | 0.080 | --- | 2025-01-08 | 2025-01-31 | 2025-02-25 |
| EARN | 2024-12-31 | 0.080 | --- | 2024-12-06 | 2024-12-31 | 2025-01-27 |
| EARN | 2024-11-29 | 0.080 | --- | 2024-11-07 | 2024-11-29 | 2024-12-26 |
| EARN | 2024-10-31 | 0.080 | --- | 2024-10-07 | 2024-10-31 | 2024-11-25 |
| EARN | 2024-09-30 | 0.080 | --- | 2024-09-09 | 2024-09-30 | 2024-10-25 |
| EARN | 2024-08-30 | 0.080 | --- | 2024-08-07 | 2024-08-30 | 2024-09-25 |
| EARN | 2024-07-31 | 0.080 | --- | 2024-07-08 | 2024-07-31 | 2024-08-26 |
| EARN | 2024-06-28 | 0.080 | --- | 2024-06-10 | 2024-06-28 | 2024-07-25 |
| EARN | 2024-05-31 | 0.080 | --- | 2024-05-07 | 2024-05-31 | 2024-06-25 |
| EARN | 2024-04-29 | 0.080 | --- | 2024-04-08 | 2024-04-30 | 2024-05-28 |
| EARN | 2024-03-27 | 0.080 | --- | 2024-03-07 | 2024-03-29 | 2024-04-25 |
| EARN | 2024-02-28 | 0.080 | --- | 2024-02-07 | 2024-02-29 | 2024-03-25 |
| EARN | 2024-01-30 | 0.080 | --- | 2024-01-08 | 2024-01-31 | 2024-02-26 |
| EARN | 2023-12-28 | 0.080 | --- | 2023-12-07 | 2023-12-29 | 2024-01-25 |
| EARN | 2023-11-29 | 0.080 | --- | 2023-11-07 | 2023-11-30 | 2023-12-26 |
| EARN | 2023-10-30 | 0.080 | --- | 2023-10-06 | 2023-10-31 | 2023-11-27 |
| EARN | 2023-09-28 | 0.080 | --- | 2023-09-07 | 2023-09-29 | 2023-10-25 |
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
| Assets | 2024-12-31 | 2024-09-30 | QoQ |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents at Carrying Value | 31,840,000 | 25,747,000 | |
| Short-Term Investments | 0 | 0 | |
| Cash and Short Term Investments | 31,840,000 | 25,747,000 | |
| Current Net Receivables | 0 | 0 | |
| Inventory | 0 | 0 | |
| Other Current Assets | 0 | 0 | |
| Total Current Assets | 42,376,000 | 29,879,000 | 41.8% |
| Non-Current Assets | |||
| Property Plant Equipment | 0 | 0 | |
| Accumulated Depreciation Amortization PPE | 0 | 0 | |
| Long-Term Investments | 683,915,000 | 618,797,000 | |
| Investments | 0 | 0 | |
| Intangible Assets Excluding Goodwill | 0 | 0 | |
| Goodwill | 0 | 0 | |
| Intangible Assets | 0 | 0 | |
| Other Non-Current Assets | 0 | 0 | |
| Total Non-Current Assets | 683,915,000 | 618,797,000 | 10.5% |
| Total Assets | 824,092,000 | 752,303,000 | 9.5% |
| Liabilities | |||
| Current Liabilities | |||
| Current Accounts Payable | 0 | 0 | |
| Deferred Revenue | 0 | 0 | |
| Current Debt | 0 | 0 | |
| Short-Term Debt | 0 | 0 | |
| Current Long-Term Debt | 0 | 0 | |
| Short Long-Term Debt Total | 0 | 0 | |
| Other Current Liabilities | 597,819,000 | 536,874,000 | |
| Total Current Liabilities | 630,366,000 | 560,674,000 | 12.4% |
| Non-Current Liabilities | |||
| Long-Term Debt Noncurrent | 0 | 0 | |
| Long-Term Debt | 0 | 0 | |
| Capital Lease Obligations | 0 | 0 | |
| Other Non-Current Liabilities | 0 | 0 | |
| Total Non-Current Liabilities | 0 | 0 | |
| Total Liabilities | 630,366,000 | 560,674,000 | 12.4% |
| Shareholders' Equity | |||
| Common Stock | 297,000 | 280,000 | |
| Common Stock Shares Outstanding | 28,733,893 | 25,591,607 | |
| Treasury Stock | 0 | 0 | |
| Retained Earnings | -155,159,000 | -146,174,000 | |
| Total Shareholder Equity | 193,726,000 | 191,629,000 | 1.1% |
Amounts in USD ($)
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
| 2024-12-31 | 2024-09-30 | QoQ | |
|---|---|---|---|
| Total Revenue | 6,142,000 | 4,752,000 | 29.3% |
| - Cost of Revenue | 0 | 749,000 | |
| - Cost of Goods and Services Sold | 0 | 749,000 | |
| = Gross Profit | 6,142,000 | 4,003,000 | 53.4% |
| - Research and Development | 0 | 0 | |
| - Selling General and Administrative | 417,000 | 594,000 | |
| - Depreciation | 0 | 0 | |
| - Depreciation and Amortization | 0 | 0 | |
| - Operating Expenses | 417,000 | 661,000 | |
| = Operating Income | 5,725,000 | 3,342,000 | 71.3% |
| EBIT (Earnings Before Interest and Tax) | 0 | 0 | |
| + Investment Income Net | 0 | 0 | |
| + Net Interest Income | 6,142,000 | 4,752,000 | |
| - Interest Income | 12,849,000 | 12,504,000 | |
| - Interest Expense | 6,707,000 | 7,752,000 | |
| - Interest and Debt Expense | 0 | 0 | |
| + Non Interest Income | 0 | 0 | |
| + Other Non Operating Income | 0 | 0 | |
| = Income Before Tax | -2,186,000 | 5,908,000 | -137.0% |
| - Income Tax Expense | -181,000 | 463,000 | |
| = Net Income from Continuing Operations | -2,005,000 | 5,445,000 | |
| = Net Income | -2,005,000 | 5,445,000 | -136.8% |
| Comprehensive Income Net of Tax | 0 | 0 | |
| EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) | 0 | 3,342,000 |
Amounts in USD ($)
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
| Cash Flow | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 |
|---|---|---|---|---|
| Net Income | 21,345,000 | -16,745,000 | 9,706,000 | 3,729,000 |
| Depreciation | 0 | 0 | 0 | 0 |
| Changes in Receivables | 0 | 0 | 0 | 0 |
| Changes in Inventories | 0 | 0 | 0 | 0 |
| Cash Change | -8,736,000 | 24,320,000 | -14,837,000 | 8,715,000 |
| Cash Flow | 3,554,000 | 5,560,000 | 4,472,000 | 3,925,000 |
| Capital Expenditures | 0 | 0 | 0 | 0 |
| Investments | 179,076,000 | 222,897,000 | 3,901,000 | 128,072,000 |
| Investing Activity (Other) | 5,912,000 | -17,463,000 | 14,969,000 | -3,861,000 |
| Total Investing Cash Flows | 185,736,000 | 205,710,000 | 28,358,000 | 124,211,000 |
| Dividends Paid | -3,449,000 | -3,488,000 | -3,485,000 | -3,491,000 |
| Net Borrowings | -199,521,000 | -186,930,000 | -41,712,000 | -104,059,000 |
| Cash Flow Financing | -198,026,000 | -186,950,000 | -47,667,000 | -119,421,000 |
| Financing Cash Flows (Other) | 4,944,000 | 4,454,000 | -2,470,000 | -11,538,000 |
| Exchange Rate Effect | 0 | 0 | 0 | 0 |
Amounts in USD ($)
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 0 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 4.9 |
| 10 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 8.0 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| Rating | Leverage Section | Avg. Rating |
| 4 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 5.9 |
| 10 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 6.5 |
| 10 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.8 |
| 10 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 7.3 |
| 0 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 4.8 |
| 6 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.8 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 0 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 7.3 |
| 2 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.4 |
| Rating | Properties Section | Avg. Rating |
| Rating | Market Cap Section | Avg. Rating |
| 4 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 5.2 |
| 4.2 | Overall REITRating™ Score (See trend) | 6.3 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| New York Mortgage Trust, Inc. (NYMT) | 6.5 | NASDAQ | Small-Cap | Mortgage | United States |
| Ellington Financial Inc. (EFC) | 2.7 | NYSE | Small-Cap | Mortgage | United States |
| AG Mortgage Investment Trust, Inc. (MITT) | 5.1 | NYSE | Micro-Cap | Mortgage | United States |
| Orchid Island Capital, Inc. (ORC) | 6.0 | NYSE | Small-Cap | Mortgage | United States |
| Two Harbors Investment Corp. (TWO) | 6.2 | NYSE | Small-Cap | Mortgage | United States |
Last updated: 2025-04-29 - v6.0