Funds and ETFs Ellington Residential Mortgage REIT

Equities

EARN

US2885781078

Closed End Funds

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
6.76 USD +0.60% Intraday chart for Ellington Residential Mortgage REIT +0.60% +10.28%
Ellington Residential Mortgage REIT is a real estate investment trust. The Company conducts its business through its wholly owned subsidiaries, EARN OP GP LLC, and Ellington Residential Mortgage LP. It specializes in acquiring, investing in, and managing a residential mortgage and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), for which the principal and interest payments are guaranteed by a United States government agency or a United States Government-sponsored entity (Agency RMBS) and, to a lesser extent, RMBS backed by prime jumbo, Alternative A-paper manufactured housing, and subprime residential mortgage loans (non-Agency RMBS). The Company's Agency RMBS includes both Agency pools and Agency collateralized mortgage obligations (CMOs) and non-Agency RMBS primarily consists of non-Agency CMOs, both investment grade and non-investment grade. It is externally managed and advised by Ellington Residential Mortgage Management LLC.
More about the company
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
6.76 USD
Average target price
6.75 USD
Spread / Average Target
-0.15%
Consensus
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