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Analysis
Ellington Residential Mortgage REIT (EARN)
Ellington Residential Mortgage REIT (EARN)
Ranking:
Buy
Implies positive momentum
Stock Name: Ellington Residential Mortgage REIT
Symbol: EARN
Market Cap: $164M
Industry: REIT - Mortgage
Sector: Real Estate
Website: https://www.earnreit.com
About Ellington Residential Mortgage REIT

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 Please visit their website for more information.

Overview:
Last Close: $6.46
52 Week: $4.99-$6.95
MVA50: 6.64
MVA200: 6.42
RSI: 39.35
Buy/Sell*: 40.95
1-Month change: -2.46%
3-Month change: -3.89%
*Proprietary Buy Sell Volume Indicator
Price Chart For EARN
Financial Parameters Most Recent Quarter: (2024-Q2),2024-09-30
Revenue: $5M
Revenue Growth (YOY): -147.22%
Profit (% of Rev): 84.24%
Income (% of Rev): 114.58%
Income Growth (YOY): -147.68%
Operating Income: $3M
Operating Cash Flow: $3M
Operating Cash Flow Growth (YoY): -196.26%
Annual Dividend Yield: 0.00%
Total Assets: $752M
Total Liabilities: $561M
Cash & Equivalent: $26M
Total Debt: $0M
Debt/Equity: 0.00
Quick Ratio: 0.00
Current Ratio: 0.00
Price/Book: 0.93
Price/Earnings: 8.20
EBITDA: $3M
EPS: 0.21
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Buy.

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