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Ellington Residential Mortgage REIT - EARN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $6.00
  • Forecasted Upside: -11.11%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$6.75 As of 04/23/2024 03:52 PM ET
▲ +0.08 (1.20%)

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 $6.00
▼ -11.11% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Ellington Residential Mortgage REIT in the last 3 months. The average price target is $6.00, with a high forecast of $6.00 and a low forecast of $6.00. The average price target represents a -11.11% upside from the last price of $6.75.

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 Hold

The current consensus among 2 contributing investment analysts is to hold stock in Ellington Residential Mortgage REIT. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/31/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/29/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/29/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/18/2024JMP SecuritiesReiterated RatingMarket PerformLow
12/6/2023UBS GroupInitiated CoverageNeutral$6.00Low
12/19/2022JonestradingInitiated CoverageHoldLow
12/2/2022Credit Suisse GroupBoost Target$7.50Low
10/13/2022Credit Suisse GroupLower Target$7.25Low
10/3/2022Piper SandlerLower TargetOverweight$9.50 ➝ $8.00Low
6/28/2022Piper SandlerLower TargetOverweight$10.50 ➝ $9.00Low
5/16/2022Credit Suisse GroupLower TargetNA$9.00N/A
4/1/2022JMP SecuritiesDowngradeOutperform ➝ Market PerformHigh
3/10/2022Credit Suisse GroupLower TargetNeutral$11.50 ➝ $10.00Low
3/9/2022Piper SandlerLower TargetOverweight$12.50 ➝ $11.50Low
3/8/2022JMP SecuritiesReiterated RatingBuy$11.00Low
11/8/2021BTIG ResearchDowngradeBuy ➝ NeutralMedium
11/1/2021BTIG ResearchReiterated RatingBuy$12.00Low
10/12/2021Piper SandlerInitiated CoverageOverweight$12.50Medium
11/23/2020BTIG ResearchInitiated CoverageBuy$13.25High
8/5/2020Credit Suisse GroupReiterated RatingHoldLow
7/29/2019JMP SecuritiesUpgradeMarket Perform ➝ Outperform$0.27 ➝ $12.50High
(Data available from 4/23/2019 forward)

News Sentiment Rating

0.35 (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

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/26/2023
  • 1 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
10/26/2023
  • 1 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/25/2023
  • 0 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
12/25/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
1/24/2024
  • 1 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/23/2024
  • 3 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/24/2024
  • 3 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
4/23/2024

Current Sentiment

  • 3 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Ellington Residential Mortgage REIT logo
Ellington Residential Mortgage REIT, a real estate investment trust, acquires, invests in, and manages 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, such as 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. Ellington Residential Mortgage REIT was incorporated in 2012 and is based in Old Greenwich, Connecticut.
Read More

Today's Range

Now: $6.75
Low: $6.70
High: $6.77

50 Day Range

MA: $6.42
Low: $5.63
High: $6.99

52 Week Range

Now: $6.75
Low: $5.09
High: $7.64

Volume

160,022 shs

Average Volume

253,083 shs

Market Capitalization

$133.79 million

P/E Ratio

25.96

Dividend Yield

14.29%

Beta

1.87

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: JMP Securities, StockNews.com, and UBS Group AG.
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 $6.00, suggesting a possible downside of 10.0%. UBS Group AG has the highest price target set, predicting EARN will reach $6.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $6.00 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 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in EARN, but not buy more shares or sell existing shares.
View the latest ratings for EARN.

What other companies compete with Ellington Residential Mortgage REIT?

Other companies that are similar to Ellington Residential Mortgage REIT include AMREP, Altisource Portfolio Solutions, Maui Land & Pineapple, AGNC Investment and AGNC Investment. Learn More about companies similar to Ellington Residential Mortgage REIT.

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. Learn More about contacing Ellington Residential Mortgage REIT investor relations.