SIGN UP
LOG IN
MARKET
EARN
EARN
Ellington Residential Mtg Reit
NYSE
6.08
+0.01
+0.16%
After Hours: 6.13 +0.05 +0.82% 19:38 12/01 EST
OPEN
6.07
PREV CLOSE
6.07
HIGH
6.11
LOW
6.04
VOLUME
589.02K
TURNOVER
0
52 WEEK HIGH
8.15
52 WEEK LOW
4.994
MARKET CAP
99.28M
P/E (TTM)
15.80
1D
5D
1M
3M
1Y
5Y
13% Dividend Yield And 12% Upside
These shares are still cheap. Fat dividends that grow with short-term rates are a nice hedge. The yields are between 9% and 9.5% but due for a big dividend increase starting in 2024. The big risk factor would be home prices or the economy plunging.
Seeking Alpha · 5d ago
Weekly Report: what happened at EARN last week (1120-1124)?
Weekly Report · 11/27 09:29
Weekly Report: what happened at EARN last week (1113-1117)?
Weekly Report · 11/20 09:29
Disinflation Is Back
U.s. Equity markets extended their rebound to a third-straight week. S&p 500 gained 2.4% this week as benchmark interest rates dipped to lowest levels since september. Real estate equities have roared back to life, with equity reits and mortgage reit's each up 4.7%. Cpi and ppi reports showed an encouraging cooldown of inflationary pressures in october.
Seeking Alpha · 11/19 14:00
BDCs Vs. MREITs: High-Yield Rumble
Mortgage reits and bdcs had varying performances in q3 2023, with agency mortgage reits performing the worst. Originator/servicer mreits and rc outperformed their peers in terms of book value changes. Investors should focus on bdc's and preferred shares for long-term positions.
Seeking Alpha · 11/16 23:45
Ellington Residential Mtg Reit: Current report
Press release · 11/15 14:10
Ellington Residential Mtg Reit: Prospectus [Rule 424(b)(5)]
Press release · 11/15 06:40
Ellington Residential Mtg Reit: Quarterly report
Press release · 11/14 22:55
About EARN
Ellington Residential Mortgage REIT is a real estate investment trust. The Company conducts its business through its wholly owned subsidiaries, EARN OP GP LLC, and Ellington Residential Mortgage LP. It specializes in acquiring, investing in, and managing a residential mortgage and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), for which the principal and interest payments are guaranteed by a United States government agency or a United States Government-sponsored entity (Agency RMBS) and, to a lesser extent, RMBS backed by prime jumbo, Alternative A-paper manufactured housing, and subprime residential mortgage loans (non-Agency RMBS). The Company's Agency RMBS includes both Agency pools and Agency collateralized mortgage obligations (CMOs) and non-Agency RMBS primarily consists of non-Agency CMOs, both investment grade and non-investment grade. It is externally managed and advised by Ellington Residential Mortgage Management LLC.
Webull offers Ellington Residential Mortgage REIT stock information, including NYSE: EARN real-time market quotes, financial reports, professional analyst ratings, in-depth charts, corporate actions, EARN stock news, and many more online research tools to help you make informed decisions. Trade stocks for 0 commission and 0 contract fees on the web version for easy and convenient access, or download the Webull app and trade on the go.
You can practice and explore trading EARN stock methods without spending real money on the virtual paper trading platform.