Ellington Residential Mortgage

Company Profile

Ellington Residential Mortgage had its IPO on 2013-05-01 under the ticker symbol EARN.

The company operates in the Real Estate sector and REIT-Mortgage industry. Ellington Residential Mortgage has a staff strength of 0 employees.

Stock update

Shares of Ellington Residential Mortgage opened at $6.37 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.37 - $6.48, and closed at $6.4.

This is a -0.62% slip from the previous day's closing price.

A total volume of 63,463 shares were traded at the close of the day’s session.

In the last one week, shares of Ellington Residential Mortgage have slipped by -2.14%.

Ellington Residential Mortgage's Key Ratios

Ellington Residential Mortgage has a market cap of $97.50 million, indicating a price to book ratio of 0.922 and a price to sales ratio of 1.0598.

In the last 12-months Ellington Residential Mortgage’s revenue was $52.48 million with a gross profit of $84.58 million and an EBITDA of $0. The EBITDA ratio measures Ellington Residential Mortgage's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Ellington Residential Mortgage’s operating margin was 90.26% while its return on assets stood at -0.79% with a return of equity of -8.39%.

In Q1, Ellington Residential Mortgage’s quarterly earnings growth was a negative -89.9% while revenue growth was a negative 69%.

Ellington Residential Mortgage’s PE and PEG Ratio

Forward PE

6.8027

Trailing PE

0

PEG

-1.79

Its diluted EPS in the last 12-months stands at $-0.79 per share while it has a forward price to earnings multiple of 6.8027 and a PEG multiple of -1.79. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ellington Residential Mortgage’s profitability.

Ellington Residential Mortgage stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.0598.

Ellington Residential Mortgage stock pays annual dividends of $0.98 per share, indicating a yield of 13.64% and a payout ratio of 32.99%.

Balance sheet and cash flow metrics

Total Assets

$1.12 billion

Total Liabilities

$48.14 million

Operating Cash Flow

$-45109000.00

Capital Expenditure

$0

Dividend Payout Ratio

32.99%

Ellington Residential Mortgage ended 2024 with $1.12 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.12 billion while shareholder equity stood at $114.98 million.

Ellington Residential Mortgage ended 2024 with $0 in deferred long-term liabilities, $48.14 million in other current liabilities, 138000.00 in common stock, $-129633000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $36.66 million and cash and short-term investments were $36.66 million. The company’s total short-term debt was $0 while long-term debt stood at $2.38 million.

Ellington Residential Mortgage’s total current assets stands at $40.15 million while long-term investments were $57.67 million and short-term investments were $2.74 million. Its net receivables were $100.74 million compared to accounts payable of $48.14 million and inventory worth $0.

In 2024, Ellington Residential Mortgage's operating cash flow was $-45109000.00 while its capital expenditure stood at $0.

Comparatively, Ellington Residential Mortgage paid $0.33 in dividends in 2024.

Other key metrics

Current Trading Price

$6.4

52-Week High

$7.9212

52-Week Low

$5.2191

Analyst Target Price

$8

Ellington Residential Mortgage stock is currently trading at $6.4 per share. It touched a 52-week high of $7.9212 and a 52-week low of $7.9212. Analysts tracking the stock have a 12-month average target price of $8.

Its 50-day moving average was $6.83 and 200-day moving average was $6.84 The short ratio stood at 2.09 indicating a short percent outstanding of 0%.

Around 257% of the company’s stock are held by insiders while 2142.1% are held by institutions.