Ellington Residential Mortgage REIT

Ellington Residential Mortgage REIT is a real estate investment trust, which engages in the acquisition, investment, and management of residential mortgage and real estate-related assets. Its portfolio include non-agency and agency residential mortgage-backed securities and acquires other target assets, such as residential whole mortgage loans, commercial mortgage-backed securities, mortgage-related derivatives, and other asset-backed securities. The company was founded in August 2012 and is headquartered in Old Greenwich, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ellington Residential Mortgage REIT reports strong Q4 performance and navigates interest rate risks effectively

EARN navigated Q4 2022 well with improved performance, effective risk management, and a focus on balancing financing costs and prepayment risks. Challenges include potential performance impact from higher coupon rates and the need to manage dividend coverage amidst market volatility.

Ellington Residential Mortgage REIT (EARN) reports resilient earnings amid market challenges

Ellington Residential Mortgage REIT (EARN) navigated a challenging market environment in Q1 2023, reporting positive earnings despite volatility. The company's strategic focus on portfolio construction and risk management contributed to its outperformance. EARN remains optimistic about future opportunities in Agency MBS and non-agency investments.

Ellington Residential Mortgage REIT reports solid Q2 performance and eyes growth opportunities amidst market challenges

Ellington Residential Mortgage REIT delivered solid financial performance in Q2 2023, supported by a focus on discount specified pools and dynamic hedging strategies.
Stable access to financing, strategic portfolio adjustments, and optimism about Agency MBS outlook position the REIT for future growth and value creation.
Challenges related to market volatility and interest rate fluctuations require proactive risk management and adaptation to changing market conditions.
Opportunities in non-Agency portfolios, improving housing affordability, and potential catalysts for mortgage leverage increase offer avenues for portfolio diversification and growth.

Ellington Residential Mortgage REIT reports Q3 challenges and growth opportunities

Ellington Residential Mortgage REIT (EARN) navigated challenges in Q3 2023 with resilience, reporting an increase in adjusted distributable earnings despite a net loss per share.
Maintaining a strong liquidity position and diversifying investments into corporate CLOs, EARN aims to capitalize on growth opportunities amidst market uncertainties.
While facing headwinds from market conditions, EARN's strategic moves and financial stability position it well to leverage emerging opportunities and manage risks effectively.

Ellington Residential Mortgage REIT (EARN) reports robust Q4 performance

Ellington Residential Mortgage REIT (EARN) demonstrated resilience and strong financial performance in Q4 2023 amidst market challenges, with strategic portfolio management and solid earnings.
While facing market volatility and interest rate fluctuations, EARN's prudent risk management, optimistic outlook, and growth opportunities position the company for continued success and value creation.
By navigating challenges, leveraging strengths, and seizing opportunities, EARN remains well-positioned to drive growth, optimize returns, and deliver value to its stakeholders.

Ellington REIT excels in CLO focus, anticipates smooth transition

Ellington Residential Mortgage REIT's strategic shift to focus on corporate CLOs has yielded positive results, with strong income generation and a growing CLO portfolio.
While challenges and uncertainties exist in the transition process, the company's prudent management of expenses and portfolio diversification are key strengths.
Opportunities for growth and enhanced returns through CLO investments and the new fund structure position Ellington Credit Company for future success.
Investors should monitor the progress of the transition and the impact on overall performance, considering the potential risks and rewards of the evolving investment strategy.

Ellington Residential Mortgage REIT shifts focus to CLO strategy

Ellington Residential Mortgage REIT showcased a strategic shift towards a CLO-focused closed-end fund, reporting a net loss of $0.04 per share in Q2 2024.
The company's emphasis on the outperformance of the CLO strategy, successful portfolio growth, and positive investor feedback highlights a promising trajectory.
Challenges include managing performance dispersion in CLO investments and interest rate volatility, with opportunities lying in portfolio optimization and potential dividend increases.
Overall, Ellington Residential Mortgage REIT's earnings call reflects a strategic transformation with strengths in CLO focus and investor confidence, amidst challenges and growth opportunities.

Ellington Residential Mortgage REIT (EARN) reports strong Q3 performance and strategic growth plans

Ellington Residential Mortgage REIT (EARN) showcased a strong financial performance in Q3 2024, driven by positive results in CLO investments and strategic deal refinancings.
While facing challenges in securing shareholder votes for the conversion to a closed-end fund and addressing concerns about credit quality and dividend sustainability, EARN remains focused on optimizing its portfolio and driving growth.
Opportunities lie in the company's successful capital raising efforts, readiness to invest in new CLO equity, and the potential for further enhancing its financial position through strategic initiatives.

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Ellington Credit Co. is a real estate investment trust, which engages in the acquisition, investment, and management of residential mortgage and real estate-related assets. Its portfolio includes non-agency and agency residential mortgage-backed securities and acquires other target assets, such as residential whole mortgage loans, commercial mortgage-backed securities, mortgage-related derivatives, and other asset-backed securities. The company was founded on August 2, 2012 and is headquartered in Old Greenwich, CT.

Ellington Residential (EARN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Ellington Residential (EARN) Q4 Earnings Expected to Decline

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of Fourth Quarter 2021 Earnings, Conference Call, and Investor Presentation

Ellington Residential Mortgage REIT Announces Release Date of Fourth Quarter 2021 Earnings, Conference Call, and Investor Presentation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces the Income Tax Treatment of its 2021 Distributions

Ellington Residential Mortgage REIT Announces the Income Tax Treatment of its 2021 Distributions

EARN is yielding 13.56% and pays a monthly dividend since October but the dividend is not safe enough just yet.

Ellington Residential: 12% Below NAV But No Dividend Consistency Yet

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OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Declares Monthly Dividend

Ellington Residential Declares Monthly Dividend

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Ellington Residential Mortgage REIT (EARN) CEO Larry Penn on Q3 2021 Results - Earnings Call Transcript

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Like most publicly traded companies, the Q3 earnings results are underway. While mortgage REITs carry high dividend yields, investors need to look much deeper for analysis.

Mortgage REIT Earnings Begin

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of Third Quarter 2021 Earnings, Conference Call, and Investor Presentation

Ellington Residential Mortgage REIT Announces Release Date of Third Quarter 2021 Earnings, Conference Call, and Investor Presentation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Declares Inaugural Monthly Dividend of $0.10 Per Share

Ellington Residential Declares Inaugural Monthly Dividend of $0.10 Per Share

OLD GREENWICH, Conn.--(BUSINESS WIRE)--ELLINGTON RESIDENTIAL MORTGAGE REIT ANNOUNCES COMMON DIVIDEND

Ellington Residential Mortgage REIT Announces Common Dividend

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Ellington Residential Mortgage REIT (EARN) CEO Larry Penn on Q2 2021 Results - Earnings Call Transcript

Shares of Ellington Residential (NYSE:EARN) moved lower in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 42.31% year over year to $0.37, which beat the estimate of $0.32.

Ellington Residential: Q2 Earnings Insights

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Reports Second Quarter 2021 Results

Ellington Residential Mortgage REIT Reports Second Quarter 2021 Results

Ellington Residential (NYSE:EARN) unveils its next round of earnings this Monday, August 02. Get prepared with Benzinga's ultimate preview for Ellington Residential's Q2 earnings.

Earnings Outlook For Ellington Residential

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Residential Mortgage REIT Announces Release Date of Second Quarter 2021 Earnings, Conference Call, and Investor Presentation

Ellington Residential Mortgage REIT Announces Release Date of Second Quarter 2021 Earnings, Conference Call, and Investor Presentation

News for Ellington Residential Mortgage REIT Stock (EARN)