NYSE:EARN - Ellington Residential Mortgage REIT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $13.25
  • Forecasted Upside: 12.96 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$11.73
▲ +0.09 (0.77%)

This chart shows the closing price for EARN by one month, three months, or twelve months.

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Analyst Price Target for EARN

Analyst Price Target is $13.25
▲ +12.96% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Ellington Residential Mortgage REIT in the last 3 months. The average price target is $13.25, with a high forecast of $13.25 and a low forecast of $13.25. The average price target represents a 12.96% upside from the last price of $11.73.

This chart shows the closing price for EARN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 polled investment analysts is to buy stock in Ellington Residential Mortgage REIT. This rating has held steady since October 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/1/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/28/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/27/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/25/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/24/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/23/2020BTIG ResearchInitiated CoverageBuy$13.25High
8/5/2020Credit Suisse GroupReiterated RatingHoldLow
7/29/2019JMP SecuritiesUpgradeMarket Perform ➝ Outperform$0.27 ➝ $12.50High
8/2/2017Deutsche Bank AktiengesellschaftLower Price TargetHold$14.50 ➝ $14.00Low
2/10/2017Credit Suisse GroupReiterated RatingHold$14.00N/A
(Data available from 9/23/2016 forward)

News Sentiment Rating

0.10 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/25/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/27/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/26/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/26/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/25/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/25/2021
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/24/2021
  • 1 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/23/2021

Current Sentiment

  • 1 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Ellington Residential Mortgage REIT logo
Ellington Residential Mortgage REIT operates as a real estate investment trust, which engages in the acquisition, investment, and management of residential mortgage and real estate-related assets. It manages a portfolio, which consists of non-agency and agency residential mortgage-backed securities and acquires other target assets, such as residential whole mortgage loans, commercial mortgage-backed securities, mortgage-related derivatives, and other asset-backed securities. The company was founded in August 2012 and is headquartered in Old Greenwich, CT.
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Today's Range

Now: $11.73
Low: $11.70
High: $11.74

50 Day Range

MA: $11.26
Low: $10.94
High: $11.64

52 Week Range

Now: $11.73
Low: $10.56
High: $13.92

Volume

19 shs

Average Volume

142,830 shs

Market Capitalization

$151.54 million

P/E Ratio

12.89

Dividend Yield

10.36%

Beta

1.9

Frequently Asked Questions

What sell-side analysts currently cover shares of Ellington Residential Mortgage REIT?

The following Wall Street sell-side analysts have issued reports on Ellington Residential Mortgage REIT in the last twelve months: BTIG Research.
View the latest analyst ratings for EARN.

What is the current price target for Ellington Residential Mortgage REIT?

1 Wall Street analysts have set twelve-month price targets for Ellington Residential Mortgage REIT in the last year. Their average twelve-month price target is $13.25, suggesting a possible upside of 13.0%. BTIG Research has the highest price target set, predicting EARN will reach $13.25 in the next twelve months. BTIG Research has the lowest price target set, forecasting a price of $13.25 for Ellington Residential Mortgage REIT in the next year.
View the latest price targets for EARN.

What is the current consensus analyst rating for Ellington Residential Mortgage REIT?

Ellington Residential Mortgage REIT currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe EARN will outperform the market and that investors should add to their positions of Ellington Residential Mortgage REIT.
View the latest ratings for EARN.

How do I contact Ellington Residential Mortgage REIT's investor relations team?

Ellington Residential Mortgage REIT's physical mailing address is 53 Forest Avenue, Old Greenwich CT, 06870. The real estate investment trust's listed phone number is (203) 698-1200 and its investor relations email address is [email protected] The official website for Ellington Residential Mortgage REIT is www.earnreit.com.