$6.73
-0.02[-0.30%]
At close: Apr 24
$6.73
0[0.00%]
After Hours: 4:00PM EDT
Ellington Residential
(NYSE:EARN)Ellington Residential Stock (NYSE:EARN), Analyst Ratings, Price Targets, Predictions
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.
Analyst Firms Making Recommendations1
JMP Securities
UBS
JonesTrading
Piper Sandler
Credit Suisse
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Ellington Residential
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 |
FAQ
What is the target price for Ellington Residential (EARN)?
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.
What is the most recent analyst rating for Ellington Residential (EARN)?
The latest analyst rating for Ellington Residential (NYSE: EARN) was provided by JMP Securities, and Ellington Residential reiterated their market perform rating.
When was the last upgrade for Ellington Residential (EARN)?
There is no last upgrade for Ellington Residential.
When was the last downgrade for Ellington Residential (EARN)?
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.
When is the next analyst rating going to be posted or updated for Ellington Residential (EARN)?
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.
Is the Analyst Rating Ellington Residential (EARN) correct?
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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