Ellington Residential Mortgage REIT chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 6.83
Dividend & Yield0.96$ (12.75%)
Beta 1.81
Market capitalization 99.87M
Operating cash flow 24.41M
ESG Scores unknown

Company description

Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), including agency pools and agency collateralized mortgage obligations (CMOs); and non-agency RMBS comprising non-agency CMOs, such as investment grade and non-investment grade. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Ellington Residential Mortgage REIT was incorporated in 2012 and is based in Old Greenwich, Connecticut.

Sector: Real Estate - Industry: REIT—Mortgage

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
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Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 1.66M -1.25M -3.26M 415k
Total Cashflows From Investing Activities 62.83M 221.85M 304.06M -15.23M
Net Borrowings -115.64M -185.29M -281.03M 49.59M
Total Cash From Financing Activities -129.21M -222.62M -305.61M -1.79M
Change To Operating Activities -73k -216k 685k 171k
Issuance Of Stock 9.29M 9.29M 9.29M 9.29M
Net Income -11.29M 22.26M 20.11M -6.31M
Change In Cash -37.53M 16.77M 22.82M 10.86M
Effect Of Exchange Rate
Total Cash From Operating Activities 28.85M 17.53M 24.37M 27.88M
Depreciation
Change To Account Receivables
Other Cashflows From Financing Activities 14.9M -21.12M -9.76M -43.39M
Change To Netincome 38.38M -3.85M 5.93M 33.99M
Capital Expenditures

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -11.29M 22.26M 20.11M -6.31M
Net Income -11.29M 22.26M 20.11M -6.31M
Selling General Administrative 4.26M 3.98M 4.53M 4.44M
Gross Profit 26.29M -12.97M 471k 29.15M
Ebit
Operating Income 20.79M -18.25M -5.36M 23.4M
Interest Expense
Income Tax Expense
Total Revenue 26.29M -12.97M 471k 29.15M
Cost Of Revenue
Total Other Income ExpenseNet -32.08M 40.51M 25.47M -29.71M
Net Income From Continuing Ops -11.29M 22.26M 20.11M -6.31M
Net Income Applicable To Common Shares -11.29M 22.26M 20.11M -6.31M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.52B 1.33B 1.03B 1.44B
Total Stockholder Equity 153.82M 160.84M 166.4M 154.22M
Other Current Liabilities 5.95M 5.59M 4.52M 120.47M
Total Assets 1.68B 1.49B 1.19B 1.6B
Common Stock 125k 124k 123k 131k
Other Current Assets
Retained Earnings -77.19M -69.64M -63.34M -84.77M
Treasury Stock
Cash 18.59M 35.35M 58.17M 69.03M
Total Current Liabilities 1.52B 1.33B 1.03B 1.44B
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 134.66M 86.73M 112.87M 286.34M
Net Tangible Assets 153.82M 160.84M 166.4M 154.22M
Net Receivables 103.86M 45.11M 51.91M 93.17M
Accounts Payable 11.28M 19.43M 255.14M


Insider Transactions

Here are the insider transactions of stock shares related to Ellington Residential Mortgage REIT:

Filer Name Transaction Text Ownership Date Filer Relation Shares
SMERNOFF CHRISTOPHERStock Award(Grant) at price 0.00 per share.D2022-12-15Chief Financial Officer3.99k
HERLIHY JOHNStock Award(Grant) at price 0.00 per share.D2022-12-15Chief Operating Officer8.12k
SIMON RONALD IStock Award(Grant) at price 0.00 per share.D2022-09-13Director6.76k
ALLARDICE ROBERT B. IIIStock Award(Grant) at price 0.00 per share.D2022-09-13Director6.76k
MILLER DAVID JStock Award(Grant) at price 0.00 per share.D2022-09-13Director6.76k
MCBRIDE MARY E.Stock Award(Grant) at price 0.00 per share.D2022-09-13Director6.76k
SMERNOFF CHRISTOPHERStock Award(Grant) at price 0.00 per share.D2021-12-16Chief Financial Officer3.53k
HERLIHY JOHNStock Award(Grant) at price 0.00 per share.D2021-12-16Chief Operating Officer7.77k
SIMON RONALD IStock Award(Grant) at price 0.00 per share.D2021-09-14Director4.2k
ALLARDICE ROBERT B. IIIStock Award(Grant) at price 0.00 per share.D2021-09-14Director4.2k
MILLER DAVID JStock Award(Grant) at price 0.00 per share.D2021-09-14Director4.2k
MCBRIDE MARY E.Stock Award(Grant) at price 0.00 per share.D2021-09-14Director4.2k
BLACKSTONE HOLDINGS III, L.P.Sale at price 12.80 per share.I2021-06-17Beneficial Owner of more than 10% of a Class of Security2.67M
SMERNOFF CHRISTOPHERStock Award(Grant) at price 0.00 per share.D2020-12-17Chief Financial Officer3.04k
HERLIHY JOHNStock Award(Grant) at price 0.00 per share.D2020-12-17Chief Operating Officer5.87k
SIMON RONALD IStock Award(Grant) at price 0.00 per share.D2020-09-10Director3.75k
ROBARDS THOMAS FStock Award(Grant) at price 0.00 per share.D2020-09-10Director3.75k
ALLARDICE ROBERT B. IIIStock Award(Grant) at price 0.00 per share.D2020-09-10Director3.75k
MILLER DAVID JStock Award(Grant) at price 0.00 per share.D2020-09-10Director3.75k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 9.95 - 10.23 per share.I2020-06-15Beneficial Owner of more than 10% of a Class of Security47.01k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 9.75 - 9.91 per share.I2020-06-04Beneficial Owner of more than 10% of a Class of Security46.67k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 9.55 - 9.77 per share.I2020-06-01Beneficial Owner of more than 10% of a Class of Security66.84k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 9.42 - 9.73 per share.I2020-05-27Beneficial Owner of more than 10% of a Class of Security39.8k
SMERNOFF CHRISTOPHERStock Award(Grant) at price 0.00 per share.D2019-12-13Chief Financial Officer2.83k
HERLIHY JOHNStock Award(Grant) at price 0.00 per share.D2019-12-13Chief Operating Officer4.51k
SIMON RONALD IStock Award(Grant) at price 0.00 per share.D2019-09-11Director3.76k
ROBARDS THOMAS FStock Award(Grant) at price 0.00 per share.D2019-09-11Director3.76k
ALLARDICE ROBERT B. IIIStock Award(Grant) at price 0.00 per share.D2019-09-11Director3.76k
MILLER DAVID JStock Award(Grant) at price 0.00 per share.D2019-09-11Director3.76k
SMERNOFF CHRISTOPHERStock Award(Grant) at price 0.00 per share.D2018-12-11Chief Financial Officer2.36k
HERLIHY JOHNStock Award(Grant) at price 0.00 per share.D2018-12-11Chief Operating Officer3.87k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 11.04 - 11.06 per share.I2018-11-26Beneficial Owner of more than 10% of a Class of Security10.23k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 10.88 - 10.92 per share.I2018-11-20Beneficial Owner of more than 10% of a Class of Security61.28k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 10.78 - 10.84 per share.I2018-11-15Beneficial Owner of more than 10% of a Class of Security25.91k
SIMON RONALD IStock Award(Grant) at price 0.00 per share.D2018-09-12Director3.29k
ROBARDS THOMAS FStock Award(Grant) at price 0.00 per share.D2018-09-12Director3.29k
ALLARDICE ROBERT B. IIIStock Award(Grant) at price 0.00 per share.D2018-09-12Director3.29k
MILLER DAVID JStock Award(Grant) at price 0.00 per share.D2018-09-12Director3.29k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 11.67 per share.I2018-08-20Beneficial Owner of more than 10% of a Class of Security7.6k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 11.34 - 11.50 per share.I2018-08-17Beneficial Owner of more than 10% of a Class of Security33.82k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 11.21 - 11.25 per share.I2018-08-14Beneficial Owner of more than 10% of a Class of Security39.88k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 11.47 - 11.61 per share.I2018-06-01Beneficial Owner of more than 10% of a Class of Security19.44k
BLACKSTONE HOLDINGS III, L.P.Purchase at price 11.42 - 11.56 per share.I2018-05-29Beneficial Owner of more than 10% of a Class of Security27.16k
SIMON RONALD IPurchase at price 11.28 - 11.47 per share.D2018-05-23Director3.76k
BLACKSTONE HOLDINGS III L PPurchase at price 11.25 - 11.47 per share.I2018-05-23Beneficial Owner of more than 10% of a Class of Security30k
BLACKSTONE HOLDINGS III L PPurchase at price 11.15 - 11.21 per share.I2018-05-18Beneficial Owner of more than 10% of a Class of Security32.41k
BLACKSTONE HOLDINGS III L PPurchase at price 11.11 - 11.26 per share.I2018-05-15Beneficial Owner of more than 10% of a Class of Security40.98k
SIMON RONALD IPurchase at price 10.81 per share.D2018-05-09Director2.5k
PENN LAURENCE EPurchase at price 10.88 per share.D2018-05-09Chief Executive Officer15k
BLACKSTONE HOLDINGS III L PPurchase at price 11.42 - 11.43 per share.I2018-03-16Beneficial Owner of more than 10% of a Class of Security13.98k
BLACKSTONE HOLDINGS III L PPurchase at price 11.20 - 11.43 per share.I2018-03-12Beneficial Owner of more than 10% of a Class of Security28.38k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Ellington Residential Mortgage REIT. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Ellington Residential Mortgage REIT

Here is the result of two systematic investment strategies applied to Ellington Residential Mortgage REIT. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Ellington Residential Mortgage REIT

The following chart shows the equity curve of the two systematic investment strategies applied to Ellington Residential Mortgage REIT:

Ellington Residential Mortgage REIT automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 6.13% on the backtest period.

Performance at glance

Performance

6.13 %

Latent gain

138.77 $

Invested capital

2264.35 $

Annualized return

1.48 %
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Momentum strategy results on Ellington Residential Mortgage REIT

This is the result of two momentum investment strategies applied to Ellington Residential Mortgage REIT. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Ellington Residential Mortgage REIT

The following chart shows all the entries opened by the momentum investment system on Ellington Residential Mortgage REIT:

Ellington Residential Mortgage REIT momentum entries
  • The first momentum investment strategy would give 8.1% of return on Ellington Residential Mortgage REIT. That represents 425.54$ of latent gain with 5252.42$ of employed capital.
  • The second momentum investment strategy would give 6.62% of return on Ellington Residential Mortgage REIT. That represents 282.4$ of latent gain with 4264.68$ of employed capital.
Performance at glance (1Q Momentum)

Performance

8.1 %

Latent gain

425.54 $

Invested capital

5252.42 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

6.62 %

Latent gain

282.4 $

Invested capital

4264.68 $

Annualized return

1.81 %

Momentum equity curve on Ellington Residential Mortgage REIT

The following chart shows the equity curve of the two momentum strategies applied to Ellington Residential Mortgage REIT:

Ellington Residential Mortgage REIT momentum equity

Note: the dividends potentially given by Ellington Residential Mortgage REIT are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Ellington Residential Mortgage REIT

The following chart shows the employed capital evolution of the two momentum strategies on Ellington Residential Mortgage REIT since the beginning:

Ellington Residential Mortgage REIT

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Ellington Residential Mortgage REIT

Buy the dip entry openings on Ellington Residential Mortgage REIT

Ellington Residential Mortgage REIT

The performance achieved by the robo-advisor on Ellington Residential Mortgage REIT is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Ellington Residential Mortgage REIT stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Ellington Residential Mortgage REIT, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Ellington Residential Mortgage REIT

The following chart shows the result of the investment strategy applied to Ellington Residential Mortgage REIT:

Ellington Residential Mortgage REIT

Note: the dividends potentially given by Ellington Residential Mortgage REIT are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Ellington Residential Mortgage REIT

The following chart shows the employed capital evolution since the beginning of the investment strategy on Ellington Residential Mortgage REIT:

Ellington Residential Mortgage REIT

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Ellington Residential Mortgage REIT

In this section, I will compare the three previous investment strategies applied to Ellington Residential Mortgage REIT.

Equity curve comparison on Ellington Residential Mortgage REIT

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Ellington Residential Mortgage REIT investment strategy comparison

Employed capital comparison on Ellington Residential Mortgage REIT

Ellington Residential Mortgage REIT investment comparison

Performance comparison on Ellington Residential Mortgage REIT

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 6.13% 138.77$ 2264.35$ 1.48%
Momentum 1 quarter 8.1% 425.54$ 5252.42$ 2.08%
Momentum 2 quarters 6.62% 282.4$ 4264.68$ 1.81%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

1.48 %

Momentum 1Q

1.81 %

Momentum 2Q

1.81 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Ellington Residential Mortgage REIT:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • ARION

  • Note: The algorithm computes the probability of correlation between Ellington Residential Mortgage REIT and the other stocks. There may be false positives or some missing correlated stocks. If the price of Ellington Residential Mortgage REIT does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Ellington Residential Mortgage REIT
    Country United States
    City Old Greenwich
    Address 53 Forest Avenue
    Phone 203 698 1200
    Website www.earnreit.com
    FullTime employees
    Industry REIT—Mortgage
    Sector Real Estate
    Exchange XNYS
    Ticker EARN
    Market www.nyse.com

    Ellington Residential Mortgage REIT ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown