Coverage Initiated by Piper Sandler – 5 stars for Ellington Residential Mortgage REIT (EARN)

Stock analysts at Piper Sandler – 5 stars initiated coverage on shares of  Ellington Residential Mortgage REIT (EARN) in a report issued on monday. The brokerage set a Overweight rating on the Finance stock. A price-to-earnings ratio of 12.93 and a beta of 1.73. Ellington Residential Mortgage REIT has a twelve month low $10.56 of  and a twelve month high of $13.92.

Shares of Ellington Residential Mortgage REIT traded down -$0.02 on monday, reaching $11.68. 0 shares of the stock traded hands, compared to its average volume of 98107. Shares of Ellington Residential Mortgage REIT were trading at $11.68 on monday. The firm’s 50 day moving average is $$11.36 and its 200 day moving average is $12.01.Ellington Residential Mortgage REIT  has a 12 month low of $11.68 and a 12 month high of $13.92. While on yearly highs and lows, Ellington Residential Mortgage REIT’s today has traded high as $11.86 and has touched $11.68 on the downward trend. See More Analyst Rating at: RATING

Ellington Residential Mortgage REIT Earnings and What to expect: 

Ellington Residential Mortgage REIT last released its earnings data on August 1st, 2021. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.05. Ellington Residential Mortgage REIT has generated $0.00 earnings per share over the last year ($0.91 diluted earnings per share) and currently has a price-to-earnings ratio of 12.8. Ellington Residential Mortgage REIT has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

The P/E ratio of Ellington Residential Mortgage REIT is 12.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.28. The P/E ratio of Ellington Residential Mortgage REIT is 12.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.13. Ellington Residential Mortgage REIT has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • On at average share price of which equates to in money value.
  • On at average price of  with total value of :
  • On at average price of  with total value of :

Analyt at Piper Sandler – 5 stars other ratings :

Latest rating for Ellington Residential Mortgage REIT by other brokers:

Ellington Residential Mortgage REIT (EARN) Moving Average Technical Analysis

5 day Moving Average is $11.51 And 5 day price change is $0.32 (2.82%)  with average volume for 5 day average is 78,200. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $11.48 and 20 day price change is $0.33 (2.91%) and average 20 day moving volume is 107,505. 50 day moving average is $11.36  and 50 day price change is $0.55 ( 4.94%)  and with average volume for 50 days is : 113,670. 200 day moving average is $12.01  and 200 day price change is -$0.97 (-7.67%)  and with average volume for 200 days is : 138,196.

See More Analyst Rating at: RATING