Previous close | 6.55 |
Open | 6.58 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1800 |
Day's range | 6.54 - 6.66 |
52-week range | 5.09 - 7.64 |
Volume | |
Avg. volume | 264,282 |
Market cap | 130.809M |
Beta (5Y monthly) | 1.89 |
PE ratio (TTM) | 21.29 |
EPS (TTM) | 0.31 |
Earnings date | 29 Apr 2024 - 03 May 2024 |
Forward dividend & yield | 0.96 (14.55%) |
Ex-dividend date | 29 Apr 2024 |
1y target est | 9.83 |
Amid inflationary pressure, one should consider investing in REITs such as Centerspace (CSR), Ellington Residential Mortgage REIT (EARN) and Iron Mountain (IRM).
OLD GREENWICH, Conn., April 08, 2024--Ellington Residential (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on May 28, 2024 to shareholders of record as of April 30, 2024.
After a long bear market, mortgage real estate investment trusts (mREITs) are apparently making a comeback. Eight of the 12 best-performing REITs over the last five trading days have been mREITs. Four of the mREITs have also produced double-digit gains over the last month. Several of these mREITs are low-priced and have been volatile over long time frames. But mREITs are extremely interest rate sensitive, and with the 10-year U.S. Treasury bonds peaking in October and having declined by three-qu