Ellington Residential Mortgage REIT Common Shares of Beneficial Interest (EARN) Social Stream



Ellington Residential Mortgage REIT Common Shares of Beneficial Interest (EARN): $6.58

0.10 (-1.50%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

C

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Industry: REITs - Mortgage

Industry

D

Ranked

#15 of 27

in industry

ELLINGTON RESIDENTIAL MORTGAGE REIT (EARN) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering EARN.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-03 2 $13.25 $12.5 $12.875 $6.12 110.38%
2022-03-08 2 $11.5 $11.5 $11.5 $6.12 87.91%
2022-04-04 3 $11 $11 $11 $6.12 79.74%
2022-05-03 3 $10.5 $10.5 $10.5 $6.12 71.57%
2022-06-28 3 $9 $9 $9 $6.12 47.06%
2022-08-11 3 $9.5 $9.5 $9.5 $6.12 55.23%
2022-10-03 3 $8 $8 $8 $6.12 30.72%
2023-03-07 2 $9 $9 $9 $6.12 47.06%
2023-08-11 1 $8 $8 $8 $6.12 30.72%
2023-10-04 1 $7 $7 $7 $6.12 14.38%
2023-11-13 1 $6.5 $6.5 $6.5 $6.12 6.21%
2023-12-06 2 $6.5 $6 $6.25 $6.12 2.12%
2023-12-19 2 $7 $6 $6.5 $6.12 6.21%

The Trend in the Analyst Price Target


Over the past 21 months, EARN's average price target has gone down $4.5.

EARN reports an average of 11.47% for its upside potential over the past 41 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-07-10 1 8.0 8.0 8.00 7.04 13.64%
2023-08-11 1 8.0 8.0 8.00 6.87 16.45%
2023-11-13 1 6.5 6.5 6.50 5.60 16.07%
2023-12-06 2 6.5 6.0 6.25 6.02 3.82%
2023-12-19 3 7.0 6.0 6.50 6.34 2.52%

EARN Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2 1 0 1 0 0 2

The Trend in the Broker Recommendations


EARN's average broker recommendation rating improved by 0 over the prior 25 months.

The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.

  • ELLINGTON RESIDENTIAL MORTGAGE REIT's variance in analysts' estimates is lower than 67.04% of all US stocks.
  • In terms of how ELLINGTON RESIDENTIAL MORTGAGE REIT fares relative to Real Estate stocks, note that its number of analysts covering the stock is greater than 41.16% of that group.
  • EARN has a higher average analyst price target than 82.11% of Trading stocks.
  • In terms of how ELLINGTON RESIDENTIAL MORTGAGE REIT fares relative to Trading stocks, note that its upside potential (average analyst target price relative to current price) is greater than 1192.22% of that group.

Stocks similar to ELLINGTON RESIDENTIAL MORTGAGE REIT in the Trading industry regarding analyst recommendations and price targets are LFT, PW, and WHLR.

Make investment decisions regarding EARN using the data that counts. Try POWR Ratings for free.


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