Ellington Residential Mortgage REIT (EARN)

USD 6.42

(-2.13%)

Market Cap (In USD)

184.89 Million

Revenue (In USD)

-2.7 Million

Net Income (In USD)

4.55 Million

Avg. Volume

423.11 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
5.54-7.26
PE
-
EPS
-
Beta Value
1.905
ISIN
US2885781078
CUSIP
288578107
CIK
1560672
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Mortgage
CEO
Mr. Laurence Eric Penn
Employee Count
-
Website
https://www.earnreit.com
Ipo Date
2013-05-01
Details
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.