Analyst Activity – Deutsche Bank AG Lowers Its Price Target On Ellington Residential Mortgage REIT (NYSE:EARN) to $14.00

Analyst Ratings For Ellington Residential Mortgage REIT (NYSE:EARN)

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Today, Deutsche Bank AG lowered its price target on Ellington Residential Mortgage REIT (NYSE:EARN) to $14.00 per share.

There are 3 hold ratings on the stock.

The current consensus rating on Ellington Residential Mortgage REIT (NYSE:EARN) is Hold (Score: 2.00) with a consensus target price of $13.67 per share, a potential 6.90% downside.

Some recent analyst ratings include

  • 2/10/2017-Credit Suisse Group Reiterated Rating of Hold.

Dividend information for Ellington Residential Mortgage REIT (NYSE:EARN)

Ellington Residential Mortgage REIT (NYSE:EARN) pays an annual dividend of Community Ranking: with a yield of 10.90% and an average dividend growth of 38.50% based on a 3 Year Average.

Dividend History for Ellington Residential Mortgage REIT (NYSE:EARN)

  • On 6/14/2017 Ellington Residential Mortgage REIT announced a quarterly dividend of $0.40 10.77% with an ex dividend date of 6/28/2017 which will be payable on 7/25/2017.
  • On 3/7/2017 Ellington Residential Mortgage REIT announced a quarterly dividend of $0.40 11.21% with an ex dividend date of 3/29/2017 which will be payable on 4/25/2017.
  • On 12/14/2016 Ellington Residential Mortgage REIT announced a quarterly dividend of $0.40 11.99% with an ex dividend date of 12/28/2016 which will be payable on 1/25/2017.
  • On 9/14/2016 Ellington Residential Mortgage REIT announced a quarterly dividend of $0.40 12.06% with an ex dividend date of 9/28/2016 which will be payable on 10/25/2016.
  • On 6/16/2016 Ellington Residential Mortgage REIT announced a quarterly dividend of $0.40 12.31% with an ex dividend date of 6/28/2016 which will be payable on 7/27/2016.
  • On 3/9/2016 Ellington Residential Mortgage REIT announced a quarterly dividend of $0.45 14.62% with an ex dividend date of 3/29/2016 which will be payable on 4/25/2016.
  • On 12/16/2015 Ellington Residential Mortgage REIT announced a quarterly dividend of $0.45 14.67% with an ex dividend date of 12/29/2015 which will be payable on 1/25/2016.

Recent Insider Trading Activity For Ellington Residential Mortgage REIT (NYSE:EARN)
Ellington Residential Mortgage REIT (NYSE:EARN) has insider ownership of 2.70% and institutional ownership of 50.13%.

  • On 3/17/2016 Ronald I Simon, Director, bought 2,500 with an average share price of $12.17 per share and the total transaction amounting to $30,425.00. View SEC Filing
  • On 2/18/2016 Holdings L.P. Blackstone III, Major Shareholder, bought 7,605 with an average share price of $11.67 per share and the total transaction amounting to $88,750.35. View SEC Filing
  • On 2/12/2016 Laurence Penn, CEO, bought 950 with an average share price of $10.89 per share and the total transaction amounting to $10,345.50. View SEC Filing
  • On 2/12/2016 Mark Tecotzky, CIO, bought 380 with an average share price of $10.89 per share and the total transaction amounting to $4,138.20. View SEC Filing
  • On 2/10/2016 Laurence Penn, CEO, bought 1,534 with an average share price of $10.93 per share and the total transaction amounting to $16,766.62. View SEC Filing
  • On 2/10/2016 Mark Tecotzky, CIO, bought 614 with an average share price of $10.93 per share and the total transaction amounting to $6,711.02. View SEC Filing
  • On 2/8/2016 Laurence Penn, CEO, bought 2,532 with an average share price of $11.27 per share and the total transaction amounting to $28,535.64. View SEC Filing

Recent Trading Activity for Ellington Residential Mortgage REIT (NYSE:EARN)
Shares of Ellington Residential Mortgage REIT closed the previous trading session at 14.68 down -0.18 -1.21% with 248,227 shares trading hands.

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