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Ellington Residential Mortgage REIT is in the real estate sector and REITs industry. The company CEO is Laurence Penn. Ellington Residential Mortgage REIT acquires, invests in and manages residential mortgage- and real estate-related assets, with a primary focus on residential mortgage-backed securities through its wholly owned subsidiaries.



Previous Intraday Performance:

The EARN shares had a previous change of 0.33% which opened at 12.00 and closed at 12.00. It moved to an intraday high of 12.01 and a low of 11.87.

Business Wire:  Ellington Residential Mortgage REIT Announces Annual Shareholders Meeting and Record Date

Historical Performance:

Over the last five trading days, EARN shares returned 0.08% and in the past 30 trading days it returned 3.09%. Over three months, it changed 17.76%. In one year it has changed 20.59% and within that year its 52-week high was 12.14 and its 52-week low was 10.14. EARN stock is 18.34% above its 52 Week Low.

Our calculations result in a 200 day moving average of 10.84 and a 50 day moving average of 11.60. Right now, EARN stock is trading 10.66% above its 200 day moving average.

Business Wire:  Ellington Residential Mortgage REIT Announces Annual Shareholders Meeting and Record Date

Liquidity:

The company has a market cap of $149.6m with 12.5m shares outstanding and a float of 12.3m shares. Trading volume was 54,220 shares and has experienced an average volume of 71,526 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Ellington Residential Mortgage REIT was 1.34 which ended on 31st of December 2018. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.31. The trailing twelve month EPS is 1.34, which comes to a trailing twelve month PE of 8.96.

Below was the last reported quarterly earnings per share:
12-31-2018:  0.32
09-30-2018:  0.32
06-30-2018:  0.36
03-31-2018:  0.34

The dividend per share is currently 1.36, which is a dividend yield of 11.33%.

Base on our calculations, the intrinsic value per share is 0.62, which means it might overvalued by -1,846.41%



The next earnings report will be: 04-05-2019

The long-term trend of the EPS is an important number as it indicates the present value of Ellington Residential Mortgage REIT; it is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -145.80% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 1.30% of insider ownership and 83.80% of institutional ownership. Short-interest was 576,557, which was 4.62% of shares outstanding. The short-interest ratio or days-to-cover ratio was 7.96. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 0.74

SeekingAlpha:  How To Outperform The Market With Growth Leaders In Technology

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -6.52%, return on assets is -0.63%, profit margin is -46.70%, price-to-sales is 6.17 and price-to-book is 0.97.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 1  : Financial Safety Result
 0  : Past Performance Result
 1  : Valuation Result
 2  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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