Ellington Residential Mortgage REIT (EARN, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. 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 $153.940 million; its shares were traded at around $11.54 with a P/E ratio of 12.66 and P/S ratio of 7.32. The dividend yield of Ellington Residential Mortgage REIT stocks is 13.61%.
For the last quarter Ellington Residential Mortgage REIT reported a revenue of $2.31 million, compared with the revenue of $3.14 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $16.5 million, a decrease of 2.5% from the previous year. 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 93 cents for the year, a decline of 29% from the previous year. The Ellington Residential Mortgage REIT had a decent operating margin of 65.42%, compared with the operating margin of 70.39% a year before. The 10-year historical median operating margin of Ellington Residential Mortgage REIT is 35.49%. The profitability rank of the company is 4 (out of 10).
At the end of the fiscal year, Ellington Residential Mortgage REIT has the cash and cash equivalents of $56.1 million, compared with $33.5 million in the previous year. The company had no long term debt. The company's operating income of cannot cover its interest payment during the last fiscal year. Ellington Residential Mortgage REIT has a financial strength rank of 6 (out of 10).
At the current stock price of $11.54, Ellington Residential Mortgage REIT is traded at 10.5% discount to its historical median P/S valuation band of $12.89. The P/S ratio of the stock is 7.32, while the historical median P/S ratio is 8.13. The stock lost 7.84% during the past 12 months.
Directors and Officers Recent Trades:
- 10% Owner Holdings Iii L.p. Blackstone bought 28,377 shares of EARN stock on 03/12/2018 at the average price of $11.26. The price of the stock has increased by 2.49% since.
- 10% Owner Holdings Iii L.p. Blackstone bought 42,466 shares of EARN stock on 03/08/2018 at the average price of $10.89. The price of the stock has increased by 5.97% since.
For the complete 20-year historical financial data of EARN, click here.
