Ellington Residential Mortgage REIT has a consensus price target of $3.83, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from JMP Securities, JMP Securities, and UBS on April 19, 2024, April 18, 2024, and December 6, 2023. With an average price target of $2 between JMP Securities, JMP Securities, and UBS, there's an implied -70.28% downside for Ellington Residential Mortgage REIT from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/19/2024 | EARN | Buy Now | Ellington Residential | $6.73 | — | JMP Securities | Mikhail Goberman | — | Reiterates | → Market Perform | Get Alert |
04/18/2024 | EARN | Buy Now | Ellington Residential | $6.73 | — | JMP Securities | Mikhail Goberman | — | Reiterates | → Market Perform | Get Alert |
12/06/2023 | EARN | Buy Now | Ellington Residential | $6.73 | -10.85% | UBS | Douglas Harter | → $6 | Initiates | → Neutral | Get Alert |
12/19/2022 | EARN | Buy Now | Ellington Residential | $6.73 | — | JonesTrading | Jason Stewart | — | Initiates | → Hold | Get Alert |
10/03/2022 | EARN | Buy Now | Ellington Residential | $6.73 | 18.87% | Piper Sandler | Crispin Love | $9.5 → $8 | Maintains | Overweight | Get Alert |
06/28/2022 | EARN | Buy Now | Ellington Residential | $6.73 | 33.73% | Piper Sandler | Crispin Love | $10.5 → $9 | Maintains | Overweight | Get Alert |
05/16/2022 | EARN | Buy Now | Ellington Residential | $6.73 | 33.73% | Credit Suisse | Douglas Harter | $9.75 → $9 | Maintains | Neutral | Get Alert |
04/01/2022 | EARN | Buy Now | Ellington Residential | $6.73 | — | JMP Securities | Mikhail Goberman | — | Downgrade | Market Outperform → Market Perform | Get Alert |
03/10/2022 | EARN | Buy Now | Ellington Residential | $6.73 | 48.59% | Credit Suisse | Douglas Harter | $11.5 → $10 | Maintains | Neutral | Get Alert |
03/09/2022 | EARN | Buy Now | Ellington Residential | $6.73 | 70.88% | Piper Sandler | Crispin Love | $12.5 → $11.5 | Maintains | Overweight | Get Alert |
11/08/2021 | EARN | Buy Now | Ellington Residential | $6.73 | — | BTIG | Eric Hagen | — | Downgrade | Buy → Neutral | Get Alert |
10/12/2021 | EARN | Buy Now | Ellington Residential | $6.73 | 85.74% | Piper Sandler | Crispin Love | — | Initiates | → Overweight | Get Alert |
The latest price target for Ellington Residential (NYSE: EARN) was reported by JMP Securities on April 19, 2024. The analyst firm set a price target for $0.00 expecting EARN to fall to within 12 months (a possible -100.00% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Ellington Residential (NYSE: EARN) was provided by JMP Securities, and Ellington Residential reiterated their market perform rating.
There is no last upgrade for Ellington Residential.
The last downgrade for Ellington Residential Mortgage REIT happened on April 1, 2022 when JMP Securities changed their price target from N/A to N/A for Ellington Residential Mortgage REIT.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ellington Residential, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ellington Residential was filed on April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
While ratings are subjective and will change, the latest Ellington Residential (EARN) rating was a reiterated with a price target of $0.00 to $0.00. The current price Ellington Residential (EARN) is trading at is $6.73, which is out of the analyst’s predicted range.
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