$6.44
1.61% day before yesterday
NYSE, Nov 01, 09:00 pm CET
ISIN
US2885781078
Symbol
EARN
Sector
Industry

Ellington Residential Mortgage REIT Target price 2024 - Analyst rating & recommendation

Ellington Residential Mortgage REIT Classifications & Recommendation:

Buy
25%
Hold
75%

Ellington Residential Mortgage REIT Price Target

Target Price $7.25
Price $6.44
Potential
Number of Estimates 2
2 Analysts have issued a price target Ellington Residential Mortgage REIT 2025 . The average Ellington Residential Mortgage REIT target price is $7.25. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 4 analysts: 1 Analysts recommend Ellington Residential Mortgage REIT to buy, 3 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Ellington Residential Mortgage REIT stock has an average upside potential 2025 of . Most analysts recommend the Ellington Residential Mortgage REIT stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 13.01 21.41
26.07% 64.60%
Net Margin 50.35% 42.55%
110.74% 15.49%

2 Analysts have issued a sales forecast Ellington Residential Mortgage REIT 2024 . The average Ellington Residential Mortgage REIT sales estimate is

$21.4m
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. This is
93.62% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$32.5m 193.86%
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, the lowest is
$10.3m 6.62%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $13.0m 26.07%
2024
$21.4m 64.60%
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2025
$24.1m 12.45%
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2026
$35.1m 45.84%
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2 Ellington Residential Mortgage REIT Analysts have issued a net profit forecast 2024. The average Ellington Residential Mortgage REIT net profit estimate is

$9.1m
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. This is
169.46% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$18.0m 432.71%
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, the lowest is
$210k 93.79%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $6.6m 113.54%
2024
$9.1m 39.08%
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2025
$13.2m 45.23%
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2026
$31.0m 134.09%
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Net Margin

2023 50.35% 110.74%
2024
42.55% 15.49%
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2025
54.94% 29.12%
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2026
88.19% 60.52%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 0.31 0.43
113.54% 38.71%
P/E 14.94
EV/Sales 29.09

2 Analysts have issued a Ellington Residential Mortgage REIT forecast for earnings per share. The average Ellington Residential Mortgage REIT <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.43
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. This is
168.75% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.85 431.25%
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, the lowest is
$0.01 93.75%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $0.31 113.54%
2024
$0.43 38.71%
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2025
$0.63 46.51%
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2026
$1.47 133.33%
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P/E ratio

Current 40.81 24.41%
2024
14.94 63.39%
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2025
10.29 31.12%
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2026
4.39 57.34%
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Based on analysts' sales estimates for 2024, the Ellington Residential Mortgage REIT stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

29.09
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 56.32 117.51%
2024
29.09 48.36%
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2025
25.86 11.08%
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2026
17.73 31.43%
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P/S ratio

Current
2024
7.62 48.35%
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2025
6.77 11.07%
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2026
4.64 31.43%
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