News articles about Ellington Residential Mortgage REIT (NYSE:EARN) have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ellington Residential Mortgage REIT earned a daily sentiment score of 0.04 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 46.4239628235565 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Contrasting Orchid Island Capital (ORC) & Ellington Residential Mortgage REIT (EARN) (americanbankingnews.com)
- Ellington Residential Mortgage REIT (EARN) Expected to Announce Earnings of $0.43 Per Share (americanbankingnews.com)
- Critical Analysis: Ellington Residential Mortgage REIT (EARN) vs. Ares Commercial Real Estate (ACRE) (americanbankingnews.com)
- Analysis: Positioning to Benefit within First Midwest, MaxLinear, STERIS, Unifi, Calavo Growers, and Ellington Residential Mortgage REIT — Research Highlights Growth, Revenue, and Consolidated Results (finance.yahoo.com)
- Short Interest in Ellington Residential Mortgage REIT (EARN) Grows By 38.8% (americanbankingnews.com)
A number of equities research analysts have recently issued reports on EARN shares. BidaskClub cut shares of Ellington Residential Mortgage REIT from a “sell” rating to a “strong sell” rating in a research note on Friday, November 3rd. Zacks Investment Research raised shares of Ellington Residential Mortgage REIT from a “sell” rating to a “hold” rating in a research note on Tuesday, January 2nd.
Ellington Residential Mortgage REIT (NYSE:EARN) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.02). Ellington Residential Mortgage REIT had a net margin of 40.44% and a return on equity of 12.02%. The business had revenue of $7.15 million during the quarter. analysts anticipate that Ellington Residential Mortgage REIT will post 1.86 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 25th. Investors of record on Friday, December 29th will be issued a dividend of $0.37 per share. The ex-dividend date is Thursday, December 28th. This represents a $1.48 dividend on an annualized basis and a yield of 12.56%. Ellington Residential Mortgage REIT’s dividend payout ratio is currently 138.32%.
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About Ellington Residential Mortgage REIT
Ellington Residential Mortgage REIT is a real estate investment trust. The Company conducts its business through its subsidiaries, EARN OP GP LLC and Ellington Residential Mortgage LP (the Operating Partnership). It specializes in acquiring, investing in and managing residential mortgage- and real estate-related assets.
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