$6.73
0.44% yesterday
NYSE, Nov 25, 10:10 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 $6.73
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 24.37
26.07% 87.31%
Net Margin 66.65% 80.51%
110.74% 20.80%

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

$24.4m
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. This is
54.23% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$34.9m 34.40%
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, the lowest is
$13.8m 74.06%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $13.0m 26.07%
2024
$24.4m 87.31%
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2025
$30.1m 23.53%
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2026
$40.2m 33.65%
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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

$19.6m
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. This is
37.37% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$22.7m 27.44%
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, the lowest is
$16.5m 47.33%
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.

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

Net Profit Estimates

2023 $8.7m 113.54%
2024
$19.6m 126.28%
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2025
$32.7m 66.62%
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2026
$38.6m 18.11%
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Net Margin

2023 66.65% 110.74%
2024
80.51% 20.80%
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2025
108.59% 34.88%
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2026
95.99% 11.60%
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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 0.70
113.54% 125.81%
P/E 9.60
EV/Sales 26.88

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

$0.70
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. This is
37.50% lower
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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
$0.81 27.68%
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, the lowest is
$0.59 47.32%
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.

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

Earnings Per Share

2023 $0.31 113.54%
2024
$0.70 125.81%
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2025
$1.17 67.14%
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2026
$1.38 17.95%
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P/E ratio

Current 6.00 62.07%
2024
9.60 60.00%
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2025
5.76 40.00%
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2026
4.87 15.45%
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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

26.88
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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 12.30 90.92%
2024
26.88 118.53%
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2025
21.76 19.05%
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2026
16.28 25.18%
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P/S ratio

Current 3.64 76.46%
2024
7.95 118.48%
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2025
6.44 19.05%
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2026
4.82 25.18%
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