Thomas Robards - Ellington Residential Independent Chairman of the Board of Trustees
| EARN Stock | USD 6.76 0.11 1.65% |
Chairman
Mr. Thomas F. Robards is Independent Chairman of the Board of trustees of Ellington Residential Mortgage REIT since May 1, 2013. Mr. Robards was a principal in Robards Co, LLC, a private investment and advisory company, since July 2005. He currently serves as a Trustee and is Audit Committee Chair for the HSBC Investor Funds, a mutual fund complex. He currently serves as Chairman of the Board of Directors of Ellington Financial LLC, a position he has held since October 2009, and as Chairman of its Audit Committee, a position he has held since August 2007. He is a Director and is Audit Committee Chair of Overseas Shipholding Group, Inc., and until December of 2006 was a Director and on the Audit Committee of Financial Federal Corporationrationration, both NYSElisted companies. From 2003 to 2004, he was the Senior Vice President and Chief Financial Officer of the American Museum of Natural History in New York, New York. He was the Chief Financial Officer for Datek Online Holding Corporation from 2000 until its acquisition by Ameritrade in 2002. Prior to that, Mr. Robards was employed at Republic New York Corporation for 24 years, including as Chief Financial Officer and Executive Vice President, and from 1997 to 1999 served on its board of directors. During his tenure his responsibilities at Republic included leading its AssetLiability and Finance Committees as well as managing Republic National Bank treasury and investment portfolio activities since 2013.
| Age | 73 |
| Tenure | 11 years |
| Professional Marks | MBA |
| Address | 53 Forest Avenue, Old Greenwich, CT, United States, 06870 |
| Phone | 203 698 1200 |
| Web | https://www.ellingtoncredit.com |
Thomas Robards Latest Insider Activity
Tracking and analyzing the buying and selling activities of Thomas Robards against Ellington Residential stock is an integral part of due diligence when investing in Ellington Residential. Thomas Robards insider activity provides valuable insight into whether Ellington Residential is net buyers or sellers over its current business cycle. Note, Ellington Residential insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ellington Residential'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Thomas Robards over three months ago Acquisition by Thomas Robards of 3286 shares of Ellington Residential subject to Rule 16b-3 |
Ellington Residential Management Efficiency
The company has return on total asset (ROA) of 0.0232 % which means that it generated a profit of $0.0232 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1388 %, meaning that it created $0.1388 on every $100 dollars invested by stockholders. Ellington Residential's management efficiency ratios could be used to measure how well Ellington Residential manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Ellington Residential's Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Assets is likely to grow to 0.01, though Return On Capital Employed is likely to grow to (0). At this time, Ellington Residential's Total Assets are very stable compared to the past year. As of the 25th of November 2024, Total Current Assets is likely to grow to about 104.9 M, while Non Current Assets Total are likely to drop about 1.4 B.Similar Executives
| Found 12 records | CHAIRMAN Age | ||
| Robert Cauley | Orchid Island Capital | 61 | |
| Ronald Simon | Ellington Financial | 82 | |
| Stephen Kasnet | Two Harbors Investments | 74 | |
| Thomas Capasse | Ready Capital Corp | 67 | |
| Michael Salvati | Apollo Commercial Real | 67 | |
| Ralph Rosenberg | KKR Real Estate | 56 | |
| CPA CFA | Orchid Island Capital | 66 | |
| Michael Hughes | Dynex Capital | 60 | |
| Jeffrey Zimmer | ARMOUR Residential REIT | 67 | |
| Daniel Staton | ARMOUR Residential REIT | 68 | |
| Scott Ulm | ARMOUR Residential REIT | 66 | |
| Christen Lee | KKR Real Estate | 42 | |
Management Performance
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0232 |
Ellington Residential Leadership Team
Elected by the shareholders, the Ellington Residential's board of directors comprises two types of representatives: Ellington Residential inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ellington. The board's role is to monitor Ellington Residential's management team and ensure that shareholders' interests are well served. Ellington Residential's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ellington Residential's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Allardice, Independent Chairman of the Board of Trustees | ||
| Daniel JD, General Counsel | ||
| Laurence Penn, President, Chief Executive Officer, Trustee | ||
| Jason Frank, Deputy Sec | ||
| Ronald Simon, Independent Trustee | ||
| David Miller, Independent Trustee | ||
| Christopher CPA, Chief Officer | ||
| J Herlihy, Chief Operating Officer, Treasurer | ||
| Mary Mcbride, Independent Trustee | ||
| Daniel Margolis, General Counsel | ||
| Mark Tecotzky, Co-Chief Investment Officer | ||
| Vincent Ambrico, Controller | ||
| Thomas Robards, Independent Chairman of the Board of Trustees | ||
| Christopher Smernoff, Chief Financial Officer | ||
| C Ike, Independent Trustee | ||
| Michael Vranos, Co-Chief Investment Officer and Trustee | ||
| AlaaelDeen Shilleh, Associate Secretary |
Ellington Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ellington Residential a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0232 | ||||
| Operating Margin | 0.43 % | ||||
| Current Valuation | 611.98 M | ||||
| Shares Outstanding | 28.8 M | ||||
| Shares Owned By Insiders | 1.58 % | ||||
| Shares Owned By Institutions | 23.80 % | ||||
| Number Of Shares Shorted | 535.36 K | ||||
| Price To Earning | 2.40 X | ||||
| Price To Book | 1.02 X |
Pair Trading with Ellington Residential
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ellington Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ellington Residential will appreciate offsetting losses from the drop in the long position's value.Moving against Ellington Stock
| 0.58 | LC | LendingClub Corp | PairCorr |
| 0.54 | DIST | Distoken Acquisition | PairCorr |
| 0.52 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.5 | V | Visa Class A | PairCorr |
| 0.5 | MS | Morgan Stanley Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Ellington Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellington Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ellington Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ellington Residential Mortgage to buy it.
The correlation of Ellington Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ellington Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellington Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ellington Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Residential Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellington Residential. If investors know Ellington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellington Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.185 | Dividend Share 0.96 | Earnings Share 1.25 | Revenue Per Share (0.92) | Quarterly Revenue Growth (0.78) |
The market value of Ellington Residential is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Residential's value that differs from its market value or its book value, called intrinsic value, which is Ellington Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ellington Residential's market value can be influenced by many factors that don't directly affect Ellington Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ellington Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Residential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.