Ellington Residential Mortgage Stock Current Valuation
| EARN Stock | USD 6.76 0.11 1.65% |
Valuation analysis of Ellington Residential helps investors to measure Ellington Residential's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, Ellington Residential's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Multiple is likely to grow to 19.66, while Enterprise Value is likely to drop about 663.1 M. Fundamental drivers impacting Ellington Residential's valuation include:
Price Book 1.016 | Enterprise Value 612 M | Price Sales 8.9241 | Forward PE 7.1736 | Trailing PE 5.408 |
Undervalued
Today
Please note that Ellington Residential's price fluctuation is not too volatile at this time. Calculation of the real value of Ellington Residential is based on 3 months time horizon. Increasing Ellington Residential's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Ellington Residential is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ellington Stock. However, Ellington Residential's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6.76 | Real 7.92 | Target 9.13 | Hype 6.76 | Naive 6.98 |
The intrinsic value of Ellington Residential's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Ellington Residential's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Ellington Residential Mortgage helps investors to forecast how Ellington stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ellington Residential more accurately as focusing exclusively on Ellington Residential's fundamentals will not take into account other important factors: Ellington Residential Mortgage Company Current Valuation Analysis
Ellington Residential's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Ellington Residential Current Valuation | 611.98 M |
Most of Ellington Residential's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ellington Residential Mortgage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ellington Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Ellington Residential is extremely important. It helps to project a fair market value of Ellington Stock properly, considering its historical fundamentals such as Current Valuation. Since Ellington Residential's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ellington Residential's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ellington Residential's interrelated accounts and indicators.
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Ellington Current Valuation Historical Pattern
Today, most investors in Ellington Residential Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ellington Residential's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ellington Residential current valuation as a starting point in their analysis.
Ellington Residential Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Ellington Residential Mortgage has a Current Valuation of 611.98 M. This is 95.97% lower than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly higher than that of the Financials industry. The current valuation for all United States stocks is 96.32% higher than that of the company.
Ellington Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ellington Residential's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ellington Residential could also be used in its relative valuation, which is a method of valuing Ellington Residential by comparing valuation metrics of similar companies.Ellington Residential is currently under evaluation in current valuation category among its peers.
Ellington Residential Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ellington Residential from analyzing Ellington Residential's financial statements. These drivers represent accounts that assess Ellington Residential's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ellington Residential's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 135.2M | 161.1M | 131.8M | 90.3M | 91.2M | 92.9M | |
| Enterprise Value | 1.4B | 1.1B | 1.1B | 897.9M | 782.2M | 663.1M |
Ellington Residential ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ellington Residential's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ellington Residential's managers, analysts, and investors.Environmental | Governance | Social |
Ellington Fundamentals
| 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 | ||||
| Price To Sales | 8.92 X | ||||
| Revenue | (2.71 M) | ||||
| Gross Profit | 84.58 M | ||||
| EBITDA | 49.81 M | ||||
| Net Income | 4.56 M | ||||
| Cash And Equivalents | 83 M | ||||
| Cash Per Share | 6.35 X | ||||
| Total Debt | 729.54 M | ||||
| Debt To Equity | 8.04 % | ||||
| Current Ratio | 0.17 X | ||||
| Book Value Per Share | 6.85 X | ||||
| Cash Flow From Operations | (10.02 M) | ||||
| Short Ratio | 1.42 X | ||||
| Earnings Per Share | 1.25 X | ||||
| Price To Earnings To Growth | (1.79) X | ||||
| Target Price | 7.25 | ||||
| Beta | 1.91 | ||||
| Market Capitalization | 194.69 M | ||||
| Total Asset | 945.69 M | ||||
| Retained Earnings | (138.65 M) | ||||
| Working Capital | (1.19 B) | ||||
| Current Asset | 131.7 M | ||||
| Current Liabilities | 1.32 B | ||||
| Annual Yield | 0.14 % | ||||
| Five Year Return | 12.31 % | ||||
| Net Asset | 945.69 M | ||||
| Last Dividend Paid | 0.96 |
About Ellington Residential Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ellington Residential Mortgage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ellington Residential using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ellington Residential Mortgage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Fiscal Year End 21st of January 2025 | 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 Ellington Residential Piotroski F Score and Ellington Residential Altman Z Score analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.