Ellington Residential Mortgage REIT (EARN) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 13, 2020
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Ellington Residential Mortgage REIT (EARN, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Ellington Residential Mortgage REIT acquires, invests in and manages residential mortgage- and real estate-related assets, with a primary focus on residential mortgage-backed securities through its wholly owned subsidiaries. Ellington Residential Mortgage REIT has a market cap of $97.640 million; its shares were traded at around $7.84 with a P/E ratio of 4.39 and P/S ratio of 12.48. The dividend yield of Ellington Residential Mortgage REIT stocks is 15.05%.

For the last quarter Ellington Residential Mortgage REIT reported a revenue of $11.0 million, compared with the revenue of $-8.84 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $27.5 million, an increase of -576% from last year. For the complete 30-year financial data, please go here.. For the last five years Ellington Residential Mortgage REIT had an average revenue decline of 0% a year.

The reported diluted earnings per share was $1.79 for the year, an increase of -303.4% from previous year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Ellington Residential Mortgage REIT has the cash and cash equivalents of $35.4 million, compared with $18.6 million in the previous year. The company had no long term debt. Ellington Residential Mortgage REIT has a financial strength rank of 5 (out of 10).

For the complete 20-year historical financial data of EARN, click here.