Ellington Residential Mortgage REIT (EARN) Files 10-K for the Fiscal Year Ended on December 31, 2018

Ellington Residential Mortgage REIT (EARN, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $147.690 million; its shares were traded at around $11.81 with and P/S ratio of 44.05. The dividend yield of Ellington Residential Mortgage REIT stocks is 12.28%.

At the end of the fiscal year, Ellington Residential Mortgage REIT has the cash and cash equivalents of $18.6 million, compared with $56.1 million in the previous year. The company had no long term debt. Ellington Residential Mortgage REIT has a financial strength rank of 6 (out of 10).

At the current stock price of $11.81, Ellington Residential Mortgage REIT is traded at 234.6% premium to its historical median P/S valuation band of $3.53. The P/S ratio of the stock is 44.05, while the historical median P/S ratio is 13.16. The stock gained 20.64% during the past 12 months.

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