Ellington Residential Mortgage REIT (EARN) Stock Forecast, Price Target & Predictions
EARN Stock Forecast
Ellington Residential Mortgage REIT (EARN) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $8.00, with a high of $8.00 and a low of $8.00. This represents a 38.65% increase from the last price of $5.77.
EARN Stock Rating
Ellington Residential Mortgage REIT stock's rating consensus is Hold, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (16.67%), 5 Hold (83.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
EARN Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Ellington Residential Mortgage REIT | 38.65% |
Sector | Real Estate Stocks | 12.56% |
Industry | Mortgage REIT Stocks | 23.71% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | - |
Avg Price Target | - | - | - |
Last Closing Price | $5.77 | $5.77 | $5.77 |
Upside/Downside | - | - | - |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jun, 25 | 1 | - | 3 | - | - | 4 |
May, 25 | 1 | - | 3 | - | - | 4 |
Apr, 25 | 1 | - | 3 | - | - | 4 |
Mar, 25 | 1 | - | 3 | - | - | 4 |
Feb, 25 | 1 | - | 3 | - | - | 4 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
May 16, 2024 | Crispin Love | Piper Sandler | $8.00 | $7.09 | 12.83% | 38.65% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 18, 2024 | Piper Sandler | Overweight | Overweight | hold |
May 16, 2024 | Piper Sandler | Overweight | Overweight | hold |
Dec 19, 2022 | JonesTrading | Hold | initialise |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | |
---|---|---|---|---|---|
Reported | $1.63 | $-0.50 | $-2.29 | $0.31 | $0.28 |
Avg Forecast | $1.27 | $1.30 | $1.02 | $0.87 | $1.23 |
High Forecast | $1.27 | $1.30 | $1.02 | $0.87 | $1.23 |
Low Forecast | $1.27 | $1.30 | $1.02 | $0.87 | $1.23 |
Surprise % | 28.35% | -138.46% | -324.51% | -64.37% | -77.24% |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | |
---|---|---|---|---|---|
Reported | $25.94M | $-557.00K | $20.19M | $-65.00K | $15.07M |
Avg Forecast | $21.61M | $24.46M | $17.96M | $-678.50K | $24.37M |
High Forecast | $21.61M | $24.46M | $17.96M | $-678.50K | $24.37M |
Low Forecast | $21.61M | $24.46M | $17.96M | $-678.50K | $24.37M |
Surprise % | 20.04% | -102.28% | 12.41% | -90.42% | -38.15% |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | |
---|---|---|---|---|---|
Reported | $20.11M | $-6.31M | $-30.20M | $4.56M | $6.59M |
Avg Forecast | $17.31M | $19.33M | $10.37M | $4.56M | $18.33M |
High Forecast | $27.22M | $19.33M | $19.66M | $8.25M | $18.33M |
Low Forecast | $7.41M | $19.33M | $1.08M | $871.54K | $18.33M |
Surprise % | 16.16% | -132.64% | -391.22% | - | -64.08% |