$0.39 EPS Expected for Ellington Residential Mortgage REIT (EARN)

April 24, 2018 - By Winifred Garcia

Investors sentiment decreased to 1.45 in Q4 2017. Its down 0.66, from 2.11 in 2017Q3. It fall, as 3 investors sold Ellington Residential Mortgage REIT shares while 19 reduced holdings. 7 funds opened positions while 25 raised stakes. 8.95 million shares or 2.74% more from 8.71 million shares in 2017Q3 were reported.
Millennium Mgmt Limited Co holds 0% or 93,916 shares. Ativo Capital Mgmt Ltd Liability Corp reported 0.06% stake. Price T Rowe Assoc Md holds 0% or 11,259 shares in its portfolio. Bb&T Securities Llc owns 27,925 shares for 0% of their portfolio. Jpmorgan Chase & stated it has 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). Blackstone L P has invested 0.13% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). Prudential Financial reported 40,950 shares. Blackrock Incorporated has invested 0% in Ellington Residential Mortgage REIT (NYSE:EARN). Point72 Asia (Hong Kong) Ltd has 0.02% invested in Ellington Residential Mortgage REIT (NYSE:EARN). Fincl Bank Of Ny Mellon reported 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). Tiaa Cref Mngmt Limited has invested 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). Parallax Volatility Advisers L P holds 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN) for 1,344 shares. Invesco Limited has invested 0% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). Wells Fargo & Company Mn reported 22,616 shares. Barclays Plc stated it has 1,820 shares or 0% of all its holdings.

Since March 6, 2018, it had 3 insider purchases, and 0 insider sales for $941,735 activity.

Analysts expect Ellington Residential Mortgage REIT (NYSE:EARN) to report $0.39 EPS on May, 1.They anticipate $0.14 EPS change or 26.42 % from last quarter’s $0.53 EPS. EARN’s profit would be $5.05M giving it 7.17 P/E if the $0.39 EPS is correct. After having $0.40 EPS previously, Ellington Residential Mortgage REIT’s analysts see -2.50 % EPS growth. The stock increased 0.81% or $0.09 during the last trading session, reaching $11.18. About 104,895 shares traded. Ellington Residential Mortgage REIT (NYSE:EARN) has declined 23.83% since April 25, 2017 and is downtrending. It has underperformed by 35.38% the S&P500.

Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. The company has market cap of $144.71 million. It acquires and manages residential mortgage-backed securities , including agency pools and agency collateralized mortgage obligations (CMOs); and non-agency RMBS comprising non-agency CMOs, such as investment grade and non-investment grade. It has a 12.02 P/E ratio. The firm has elected to be taxed as a real estate investment trust.

Ellington Residential Mortgage REIT (NYSE:EARN) Institutional Positions Chart

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